VANGUARD WELLINGTON FUND - VFMO

Detailed investor-level table based on 13F positions.
Early Q1 2026 data: only 1 institutional holders reported so far. The full shareholder list will grow as more funds file with the SEC.

Shareholders (13F)

Quarter: Q4 2025 · Compare: Q3 2025
13D/13G major owners: Ownership tab.
Methodology: Market value and % of portfolio use SEC reported VALUE ($000). For PUT/CALL positions this reflects reported underlying exposure, not premium cash paid/received. Details.
Rows: 0
Investor History Status Shares held Market value ($000) % of portfolio Previous % Rank Change in shares % change in shares Source Date reported
RITHOLTZ WEALTH MANAGEMENT History Added to 651,008 124,505 2.27% 2.34% 1 +22,621 3.6% Q4 2025 Jan 23, 2026
Strategic Financial Services, Inc. History Added to 284,153 58,495 2.7% 2.69% 2 +3,874 1.38% Q4 2025 Feb 09, 2026
GREAT VALLEY ADVISOR GROUP, INC. History Reduced 159,160 30,438 0.58% 1.32% 3 -184,324 -53.66% Q4 2025 Feb 12, 2026
DAVIDSON INVESTMENT ADVISORS History Added to 146,589 28,035 1.17% 1.14% 4 +6,811 4.87% Q4 2025 Jan 27, 2026
LPL Financial LLC History Added to 140,128 26,799 0.01% 0.01% 5 +36,308 34.97% Q4 2025 Feb 11, 2026
CABOT WEALTH MANAGEMENT INC History Added to 114,327 21,865 2.42% 2.3% 6 +6,098 5.63% Q4 2025 Feb 03, 2026
ANDERSON HOAGLAND & CO History Reduced 113,683 21,741 1.87% 2.05% 7 -5,357 -4.5% Q4 2025 Jan 05, 2026
RAYMOND JAMES FINANCIAL INC History Added to 113,298 21,668 0.01% 0.0% 8 +44,136 63.82% Q4 2025 Feb 18, 2026
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management History Added to 106,121 20,295 0.36% 0.4% 9 +2,204 2.12% Q4 2025 Jan 16, 2026
Systelligence, LLC History Reduced 105,314 20,141 3.83% 4.31% 10 -13,290 -11.21% Q4 2025 Jan 22, 2026
Cetera Investment Advisers History Added to 85,311 16,315 0.02% 0.02% 11 +2,175 2.62% Q4 2025 Feb 17, 2026
ENVESTNET ASSET MANAGEMENT INC History Reduced 84,162 16,095 0.0% 0.0% 12 -4,688 -5.28% Q4 2025 Feb 10, 2026
Financial Partners Group, Inc History Added to 49,507 9,998 1.16% 0.96% 13 +9,152 22.68% Q4 2025 Feb 03, 2026
Armbruster Capital Management, Inc. History Reduced 44,991 8,604 1.44% 1.56% 14 -2,759 -5.78% Q4 2025 Jan 23, 2026
UBS Group AG History Added to 43,066 8,236 0.0% 0.0% 15 +21,256 97.46% Q4 2025 Jan 29, 2026
NewEdge Advisors, LLC History Added to 33,307 6,369 0.02% 0.03% 16 +993 3.07% Q4 2025 Feb 18, 2026
Private Advisor Group, LLC History Added to 32,393 6,195 0.03% 0.03% 17 +1,991 6.55% Q4 2025 Feb 17, 2026
Hobart Private Capital, LLC History Added to 31,458 6,016 1.17% 0.85% 18 +10,375 49.21% Q4 2025 Jan 27, 2026
THRIVENT FINANCIAL FOR LUTHERANS History New 29,592 5,659 0.01% 19 +29,592 New Q4 2025 Feb 05, 2026
Merit Financial Group, LLC History Added to 26,873 5,139 0.04% 0.03% 20 +7,673 39.96% Q4 2025 Jan 26, 2026
BANK OF AMERICA CORP /DE/ History Reduced 26,806 5,126 0.0% 0.0% 21 -429 -1.58% Q4 2025 Feb 17, 2026
&PARTNERS History Added to 26,056 4,974 0.03% 0.02% 22 +7,664 41.67% Q4 2025 Feb 17, 2026
LINCOLN CAPITAL CORP History Reduced 25,877 4,949 1.76% 1.81% 23 -354 -1.35% Q4 2025 Jan 23, 2026
Stratos Wealth Advisors, LLC History Added to 25,313 4,841 0.23% 0.23% 24 +570 2.3% Q4 2025 Jan 20, 2026
Redhawk Wealth Advisors, Inc. History Added to 22,673 4,336 0.49% 0.46% 25 +2,053 9.96% Q4 2025 Jan 14, 2026
OSAIC HOLDINGS, INC. History Added to 21,377 4,088 0.01% 0.01% 26 +2,141 11.13% Q4 2025 Feb 17, 2026
Cambridge Investment Research Advisors, Inc. History Added to 20,847 3,987 0.01% 0.01% 27 +5,276 33.88% Q4 2025 Feb 05, 2026
Betterment LLC History Added to 20,783 3,975 0.01% 0.01% 28 +115 0.56% Q4 2025 Feb 12, 2026
COMMONWEALTH EQUITY SERVICES, LLC History Added to 19,708 3,769 0.01% 0.0% 29 +2,675 15.7% Q4 2025 Feb 12, 2026
UMB Bank, n.a. History Reduced 19,308 3,692 0.05% 0.06% 30 -2,299 -10.64% Q4 2025 Feb 13, 2026
Financial Freedom, LLC History Added to 18,421 3,522 1.75% 1.31% 31 +4,641 33.68% Q4 2025 Feb 17, 2026
Farther Finance Advisors, LLC History Added to 14,581 2,788 0.03% 0.0% 32 +14,481 14481.0% Q4 2025 Jan 23, 2026
Payne Capital LLC History Added to 14,092 2,695 2.74% 2.73% 33 +22 0.16% Q4 2025 Jan 20, 2026
Wilkins Miller Wealth Management, LLC History Added to 13,825 2,644 1.57% 1.35% 34 +2,327 20.24% Q4 2025 Jan 21, 2026
Kestra Advisory Services, LLC History Reduced 13,152 2,515 0.01% 0.01% 35 -539 -3.94% Q4 2025 Feb 13, 2026
WIN ADVISORS, INC History New 12,996 2,485 1.05% 36 +12,996 New Q4 2025 Feb 04, 2026
Nova R Wealth, Inc. History Reduced 12,082 2,310 0.84% 1.0% 37 -215 -1.75% Q4 2025 Jan 14, 2026
WEDBUSH SECURITIES INC History Added to 11,148 2,132 0.06% 0.06% 38 +1,588 16.61% Q4 2025 Feb 12, 2026
Tidal Investments LLC History Reduced 10,470 2,002 0.0% 0.01% 39 -18,782 -64.21% Q4 2025 Feb 13, 2026
Aspect Partners, LLC History Added to 9,559 1,828 0.8% 0.71% 40 +1,340 16.3% Q4 2025 Jan 23, 2026
Janney Montgomery Scott LLC History Added to 9,288 1,776 0.0% 0.0% 41 +7,283 363.24% Q4 2025 Feb 11, 2026
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC History Reduced 9,283 1,775 0.12% 0.14% 42 -640 -6.45% Q4 2025 Feb 03, 2026
Caitlin John, LLC History Reduced 9,160 1,751 1.15% 1.25% 43 -211 -2.25% Q4 2025 Feb 18, 2026
Valued Retirements, Inc. History Added to 8,337 1,594 1.56% 0.89% 44 +3,749 81.71% Q4 2025 Feb 09, 2026
IAM Advisory, LLC History Reduced 8,276 1,582 0.35% 0.36% 45 -99 -1.18% Q4 2025 Jan 07, 2026
Compass Ion Advisors, LLC History Added to 8,242 1,576 0.15% 0.11% 46 +2,122 34.67% Q4 2025 Jan 29, 2026
IEQ CAPITAL, LLC History Added to 8,179 1,564 0.0% 0.0% 47 +718 9.62% Q4 2025 Feb 13, 2026
COMERICA BANK History No change 8,158 1,560 0.01% 0.01% 48 0 0.0% Q4 2025 Jan 29, 2026
Nova Wealth Management, Inc. History Reduced 7,805 1,492 1.02% 1.15% 49 -753 -8.8% Q4 2025 Jan 14, 2026
BLB&B Advisors, LLC History No change 7,250 1,386 0.06% 0.06% 50 0 0.0% Q4 2025 Jan 26, 2026
Clearstead Advisors, LLC History Reduced 7,051 1,348 0.02% 0.02% 51 -1,243 -14.99% Q4 2025 Feb 09, 2026
OPPENHEIMER & CO INC History New 6,634 1,268 0.02% 52 +6,634 New Q4 2025 Feb 02, 2026
PFG Advisors History Added to 6,465 1,236 0.06% 0.04% 53 +738 12.89% Q4 2025 Jan 27, 2026
THOROUGHBRED FINANCIAL SERVICES, LLC History Added to 6,121 1,170 0.07% 0.07% 54 +88 1.46% Q4 2025 Feb 10, 2026
TFB Advisors LLC History Added to 5,803 1,109 0.31% 0.32% 55 +192 3.42% Q4 2025 Feb 13, 2026
Focus Partners Advisor Solutions, LLC History Reduced 5,659 1,082 0.01% 0.02% 56 -2,703 -32.32% Q4 2025 Feb 11, 2026
Odyssey Capital Advisors, Inc. History New 5,602 1,071 0.95% 57 +5,602 New Q4 2025 Feb 05, 2026
Wealthcare Advisory Partners LLC History Added to 5,147 984 0.02% 0.02% 58 +212 4.3% Q4 2025 Jan 14, 2026
MERCER GLOBAL ADVISORS INC /ADV History Reduced 5,037 963 0.0% 0.0% 59 -1 -0.02% Q4 2025 Feb 18, 2026
Global Retirement Partners, LLC History Reduced 4,735 905 0.02% 0.02% 60 -159 -3.25% Q4 2025 Feb 06, 2026
O'SHAUGHNESSY ASSET MANAGEMENT, LLC History Added to 4,571 874 0.0% 0.0% 61 +581 14.56% Q4 2025 Feb 11, 2026
HARBOUR INVESTMENTS, INC. History Added to 4,236 810 0.02% 0.02% 62 +3 0.07% Q4 2025 Feb 09, 2026
ROYAL BANK OF CANADA History New 4,018 769 0.0% 63 +4,018 New Q4 2025 Feb 17, 2026
MML INVESTORS SERVICES, LLC History Added to 3,980 761 0.0% 0.0% 64 +539 15.66% Q4 2025 Feb 13, 2026
Diversify Advisory Services, LLC History Added to 3,671 758 0.02% 0.02% 65 +21 0.58% Q4 2025 Jan 23, 2026
Apollon Wealth Management, LLC History Reduced 3,939 753 0.01% 0.01% 66 -28 -0.71% Q4 2025 Jan 22, 2026
Kathmere Capital Management, LLC History Added to 3,842 734 0.05% 0.05% 67 +192 5.26% Q4 2025 Jan 13, 2026
Redwood Family Wealth LLC History New 3,826 731 0.72% 68 +3,826 New Q4 2025 Mar 06, 2026
PRINCIPAL SECURITIES, INC. History Added to 3,720 711 0.01% 0.01% 69 +63 1.72% Q4 2025 Feb 12, 2026
SMITH, MOORE & CO. History Reduced 3,601 688 0.05% 0.06% 70 -325 -8.28% Q4 2025 Jan 23, 2026
SAGESPRING WEALTH PARTNERS, LLC History Reduced 3,467 662 0.01% 0.04% 71 -7,646 -68.8% Q4 2025 Jan 07, 2026
United Advisor Group, LLC History No change 3,303 631 0.08% 0.09% 72 0 0.0% Q4 2025 Jan 26, 2026
OneDigital Investment Advisors LLC History Reduced 3,287 628 0.01% 0.01% 73 -391 -10.63% Q4 2025 Feb 13, 2026
Signal Advisors Wealth, LLC History Added to 3,242 620 0.05% 0.03% 74 +1,353 71.63% Q4 2025 Jan 13, 2026
LAZARI CAPITAL MANAGEMENT, INC. History Reduced 3,083 589 0.2% 0.22% 75 -370 -10.72% Q4 2025 Jan 29, 2026
Soltis Investment Advisors LLC History Reduced 3,066 586 0.04% 0.05% 76 -776 -20.2% Q4 2025 Apr 02, 2026
OLD MISSION CAPITAL LLC History Reduced 2,971 568 0.01% 0.03% 77 -3,758 -55.85% Q4 2025 Feb 17, 2026
Breakwater Capital Group History New 2,843 543 0.08% 78 +2,843 New Q4 2025 Jan 09, 2026
Advisory Services Network, LLC History Reduced 2,830 541 0.01% 0.01% 79 -210 -6.91% Q4 2025 Feb 17, 2026
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO History Reduced 2,724 520 0.0% 0.0% 80 -369 -11.93% Q4 2025 Feb 10, 2026
Cerity Partners LLC History New 2,680 512 0.0% 81 +2,680 New Q4 2025 Feb 11, 2026
JANE STREET GROUP, LLC History New 2,647 506 0.0% 82 +2,647 New Q4 2025 Feb 12, 2026
PARK AVENUE SECURITIES LLC History Added to 2,619 501 0.0% 0.0% 83 +234 9.81% Q4 2025 Jan 05, 2026
CreativeOne Wealth, LLC History New 2,520 481 0.01% 84 +2,520 New Q4 2025 Feb 13, 2026
Mariner, LLC History Added to 2,484 475 0.0% 0.0% 85 +364 17.17% Q4 2025 Feb 13, 2026
PARTNERS WEALTH MANAGEMENT, LLC History Added to 2,463 471 0.49% 0.46% 86 +40 1.65% Q4 2025 Jan 20, 2026
Waverly Advisors, LLC History No change 2,412 461 0.0% 0.0% 87 0 0.0% Q4 2025 Feb 17, 2026
Virtus Family Office LLC History Added to 2,360 451 0.39% 0.32% 88 +553 30.6% Q4 2025 Feb 03, 2026
SUSQUEHANNA INTERNATIONAL GROUP, LLP History New 2,336 446 0.0% 89 +2,336 New Q4 2025 Feb 17, 2026
TECTONIC ADVISORS LLC History Reduced 2,337 446 0.02% 0.02% 90 -35 -1.48% Q4 2025 Jan 23, 2026
Seed Wealth Management, Inc. History No change 2,330 445 0.31% 0.31% 91 0 0.0% Q4 2025 Jan 21, 2026
Concurrent Investment Advisors, LLC History Added to 2,275 435 0.0% 0.01% 92 +130 6.06% Q4 2025 Jan 29, 2026
MORGAN STANLEY History Reduced 2,271 434 0.0% 0.0% 93 -882 -27.97% Q4 2025 Feb 13, 2026
Arkadios Wealth Advisors History Added to 2,249 430 0.01% 0.01% 94 +107 5.0% Q4 2025 Feb 13, 2026
FLAGSHIP WEALTH ADVISORS, LLC History No change 2,250 430 0.13% 0.14% 95 0 0.0% Q4 2025 Feb 11, 2026
Chicago Partners Investment Group LLC History Added to 2,072 427 0.01% 0.01% 96 +1 0.05% Q4 2025 Jan 28, 2026
DAVIDSON TRUST CO History No change 2,218 424 0.18% 0.18% 97 0 0.0% Q4 2025 Jan 27, 2026
PACIFIC SUN FINANCIAL CORP History Added to 2,139 409 0.2% 0.19% 98 +118 5.84% Q4 2025 Feb 05, 2026
Riverview Trust Co History No change 2,128 406 0.49% 0.49% 99 0 0.0% Q4 2025 Jan 26, 2026
Clark Wealth Partners History No change 2,007 383 0.23% 0.23% 100 0 0.0% Q4 2025 Feb 04, 2026
Orion Porfolio Solutions, LLC History Reduced 1,993 381 0.0% 0.0% 101 -230 -10.35% Q4 2025 Feb 12, 2026
SCS Capital Management LLC History Reduced 1,889 361 0.0% 0.01% 102 -3,296 -63.57% Q4 2025 Feb 10, 2026
Creative Planning History Added to 1,886 360 0.0% 0.0% 103 +213 12.73% Q4 2025 Feb 17, 2026
GSG Advisors LLC History Reduced 1,801 344 0.09% 0.09% 104 -13 -0.72% Q4 2025 Jan 08, 2026
Orcam Financial Group History Added to 1,743 333 0.25% 0.27% 105 +3 0.17% Q4 2025 Feb 06, 2026
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC History Added to 1,659 332 0.0% 0.0% 106 +327 24.55% Q4 2025 Jan 08, 2026
SILVER OAK SECURITIES, INCORPORATED History Added to 1,621 312 0.02% 0.02% 107 +3 0.19% Q4 2025 Jan 15, 2026
AdvisorNet Financial, Inc History Reduced 1,600 305 0.02% 0.03% 108 -757 -32.12% Q4 2025 Jan 20, 2026
Stonehearth Capital Management, LLC History Added to 1,561 298 0.11% 0.12% 109 +3 0.19% Q4 2025 Jan 13, 2026
Foster Group, Inc. History Reduced 1,537 293 0.01% 0.01% 110 -111 -6.74% Q4 2025 Jan 12, 2026
SIGNATURE ESTATE & INVESTMENT ADVISORS LLC History Added to 1,529 292 0.01% 0.01% 111 +3 0.2% Q4 2025 Feb 06, 2026
Robertson Stephens Wealth Management, LLC History Reduced 1,509 288 0.01% 0.01% 112 -107 -6.62% Q4 2025 Feb 02, 2026
Coquina Private Wealth LLC History New 1,484 283 0.23% 113 +1,484 New Q4 2025 Jan 29, 2026
STIFEL FINANCIAL CORP History Added to 1,399 267 0.0% 0.0% 114 +304 27.76% Q4 2025 Feb 13, 2026
KESTRA PRIVATE WEALTH SERVICES, LLC History Added to 1,342 256 0.0% 0.0% 115 +236 21.34% Q4 2025 Jan 29, 2026
Avant Capital LLC History Added to 1,279 244 0.17% 0.17% 116 +2 0.16% Q4 2025 Feb 13, 2026
ALESCO ADVISORS LLC History New 1,275 243 0.01% 117 +1,275 New Q4 2025 Jan 28, 2026
Equitable Holdings, Inc. History New 1,267 242 0.0% 118 +1,267 New Q4 2025 Feb 17, 2026
Prospera Financial Services Inc History New 1,237 236 0.0% 119 +1,237 New Q4 2025 Feb 09, 2026
Quantinno Capital Management LP History No change 1,220 233 0.0% 0.0% 120 0 0.0% Q4 2025 Feb 17, 2026
Cadence Bank History No change 1,200 229 0.01% 0.01% 121 0 0.0% Q4 2025 Jan 30, 2026
Clear Creek Financial Management, LLC History Added to 1,183 226 0.02% 0.02% 122 +2 0.17% Q4 2025 Jan 23, 2026
MELFA WEALTH MANAGEMENT, INC. History No change 1,185 226 0.13% 0.13% 123 0 0.0% Q4 2025 Jan 16, 2026
Perigon Wealth Management, LLC History New 1,164 222 0.0% 124 +1,164 New Q4 2025 Jan 16, 2026
Belpointe Asset Management LLC History New 1,119 214 0.01% 125 +1,119 New Q4 2025 Jan 27, 2026
Apeiron RIA LLC History Reduced 1,047 214 0.04% 0.06% 126 -321 -23.46% Q4 2025 Feb 03, 2026
KEYBANK NATIONAL ASSOCIATION/OH History New 1,100 210 0.0% 127 +1,100 New Q4 2025 Jan 30, 2026
Parallel Advisors, LLC History No change 1,100 210 0.0% 0.0% 128 0 0.0% Q4 2025 Feb 11, 2026
Harbor Asset Planning, Inc. History Reduced 697 133 0.11% 0.12% 129 -20 -2.79% Q4 2025 Jan 26, 2026
Federation des caisses Desjardins du Quebec History No change 535 102 0.0% 0.0% 130 0 0.0% Q4 2025 Feb 12, 2026
City State Bank History Added to 520 99 0.03% 0.01% 131 +420 420.0% Q4 2025 Jan 28, 2026
High Note Wealth, LLC History New 477 91 0.02% 132 +477 New Q4 2025 Feb 05, 2026
Tower Research Capital LLC (TRC) History New 470 89 0.0% 133 +470 New Q4 2025 Feb 17, 2026
Capital Analysts, LLC History Reduced 409 78 0.0% 0.0% 134 -92 -18.36% Q4 2025 Feb 11, 2026
PNC FINANCIAL SERVICES GROUP, INC. History New 400 76 0.0% 135 +400 New Q4 2025 Feb 06, 2026
North Star Investment Management Corp. History New 325 62 0.0% 136 +325 New Q4 2025 Jan 30, 2026
Geneos Wealth Management Inc. History No change 243 46 0.0% 0.0% 137 0 0.0% Q4 2025 Jan 28, 2026
Parkside Financial Bank & Trust History No change 215 41 0.0% 0.0% 138 0 0.0% Q4 2025 Feb 13, 2026
Versant Capital Management, Inc History No change 141 26 0.0% 0.0% 139 0 0.0% Q4 2025 Jan 08, 2026
BARRETT & COMPANY, INC. History No change 125 23 0.01% 0.01% 140 0 0.0% Q4 2025 Jan 28, 2026
ATLAS CAPITAL ADVISORS INC. History New 116 22 0.0% 141 +116 New Q4 2025 Feb 13, 2026
Avion Wealth History No change 107 20 0.0% 0.0% 142 0 0.0% Q4 2025 Jan 23, 2026
Glass Jacobson Investment Advisors llc History No change 105 20 0.01% 0.01% 143 0 0.0% Q4 2025 Jan 22, 2026
Nalls Sherbakoff Group, LLC History No change 100 19 0.01% 0.01% 144 0 0.0% Q4 2025 Mar 12, 2026
Tidemark, LLC History No change 104 19 0.01% 0.01% 145 0 0.0% Q4 2025 Feb 10, 2026
CWM, LLC History New 85 16 0.0% 146 +85 New Q4 2025 Jan 26, 2026
WELLS FARGO & COMPANY/MN History Reduced 63 12 0.0% 0.01% 147 -300,591 -99.98% Q4 2025 Feb 13, 2026
AE Wealth Management LLC History New 37 7 0.0% 148 +37 New Q4 2025 Jan 26, 2026
Spire Wealth Management History No change 41 7 0.0% 0.0% 149 0 0.0% Q4 2025 Jan 14, 2026
Central Pacific Bank - Trust Division History No change 39 7 0.0% 0.0% 150 0 0.0% Q4 2025 Jan 07, 2026
Sunbelt Securities, Inc. History No change 32 6 0.0% 0.0% 151 0 0.0% Q4 2025 Feb 20, 2026
JPMORGAN CHASE & CO History Reduced 15 3 0.0% 0.0% 152 -920 -98.4% Q4 2025 Feb 11, 2026
IFP Advisors, Inc History No change 20 3 0.0% 0.0% 153 0 0.0% Q4 2025 Feb 06, 2026
Russell Investments Group, Ltd. History No change 19 3 0.0% 0.0% 154 0 0.0% Q4 2025 Feb 17, 2026
Quent Capital, LLC History No change 15 2 0.0% 0.0% 155 0 0.0% Q4 2025 Jan 29, 2026
Rockefeller Capital Management L.P. History New 7 1 0.0% 157 +7 New Q4 2025 Mar 16, 2026
GHP Investment Advisors, Inc. History No change 9 1 0.0% 0.0% 156 0 0.0% Q4 2025 Jan 27, 2026
CITADEL ADVISORS LLC History Closed out 0 0 0.0% -3,930 -100.0% Q3 2025 Nov 14, 2025
J.W. COLE ADVISORS, INC. History Closed out 0 0 0.0% -1,046 -100.0% Q3 2025 Nov 05, 2025
Ameritas Advisory Services, LLC History Closed out 0 0 0.0% -335 -100.0% Q3 2025 Nov 06, 2025
SALEM INVESTMENT COUNSELORS INC History Closed out 0 0 0.0% -68 -100.0% Q3 2025 Oct 07, 2025
Cloud Capital Management, LLC History Closed out 0 0 0.01% -65 -100.0% Q3 2025 Nov 03, 2025
HUNTINGTON NATIONAL BANK History Closed out 0 0 -3 -100.0% Q3 2025 Nov 12, 2025
BlackRock, Inc. History New 1 0 +1 New Q4 2025 Feb 12, 2026