Murray Stahl's VGSH Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 124,996 shares of Vanguard Short-Term Treasury ETF (VGSH) worth $7.36 M, representing 0.09% of the portfolio. First purchased in 2017-Q3, this long-term strategic position has been held for 33 quarters.
Based on 13F filings, Murray Stahl has maintained a strategic position in VGSH, demonstrating sustained confidence in this investment. Largest addition occurred in Q2 2018, adding 201,095 shares. Largest reduction occurred in Q1 2019, reducing 1.12 M shares.
Analysis based on 13F filings available since 2013 Q2
Murray Stahl's Vanguard Short-Term Treasury ETF (VGSH) Holding Value Over Time
Track share changes against reported price movement
Quarterly Vanguard Short-Term Treasury ETF (VGSH) Trades by Murray Stahl
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q3 2017 | +3.04 M | New Buy | 3.04 M | $60.72 |
| Q4 2017 | -535,684 | Reduce 17.65% | 2.5 M | $60.28 |
| Q1 2018 | -213,810 | Reduce 8.55% | 2.29 M | $60.04 |
| Q2 2018 | +201,095 | Add 8.80% | 2.49 M | $59.92 |
| Q3 2018 | -127,277 | Reduce 5.12% | 2.36 M | $59.74 |
| Q4 2018 | -444,825 | Reduce 18.85% | 1.91 M | $60.12 |
| Q1 2019 | +793,056 | Add 0.00% | 793,055 | $60.42 |
| Q2 2019 | -405,374 | Reduce 51.12% | 387,681 | $60.93 |
| Q3 2019 | -5,912 | Reduce 1.52% | 381,769 | $60.93 |
| Q4 2019 | -4,099 | Reduce 1.07% | 377,670 | $60.83 |
| Q1 2020 | -24,340 | Reduce 6.44% | 353,330 | $62.34 |
| Q2 2020 | -99,779 | Reduce 28.24% | 253,551 | $62.20 |
| Q3 2020 | -37,064 | Reduce 14.62% | 216,487 | $62.09 |
| Q4 2020 | -12,903 | Reduce 5.96% | 203,584 | $61.60 |
| Q1 2021 | -11,127 | Reduce 5.47% | 192,457 | $61.52 |
| Q2 2021 | -20,473 | Reduce 10.64% | 171,984 | $61.43 |
| Q3 2021 | -15,427 | Reduce 8.97% | 156,557 | $61.41 |
| Q4 2021 | -13,947 | Reduce 8.91% | 142,610 | $60.83 |
| Q1 2022 | -3,499 | Reduce 2.45% | 139,111 | $59.26 |
| Q2 2022 | -5,851 | Reduce 4.21% | 133,260 | $58.86 |
| Q3 2022 | -596 | Reduce 0.45% | 132,664 | $57.79 |
| Q4 2022 | +7,611 | Add 5.74% | 140,275 | $57.82 |
| Q1 2023 | -316 | Reduce 0.23% | 139,959 | $58.54 |
| Q2 2023 | +82,664 | Add 59.06% | 222,623 | $57.73 |
| Q3 2023 | +267 | Add 0.12% | 222,890 | $57.60 |
| Q4 2023 | -1,859 | Reduce 0.83% | 221,031 | $58.33 |
| Q1 2024 | -4,581 | Reduce 2.07% | 216,450 | $58.07 |
| Q2 2024 | +8,966 | Add 4.14% | 225,416 | $57.99 |
| Q3 2024 | -1,917 | Reduce 0.85% | 223,499 | $59.02 |
| Q4 2024 | -8,401 | Reduce 3.76% | 215,098 | $58.18 |
| Q1 2025 | +22,766 | Add 10.58% | 237,864 | $58.69 |
| Q2 2025 | -476 | Reduce 0.20% | 237,388 | $58.78 |
| Q3 2025 | -112,392 | Reduce 47.35% | 124,996 | $58.85 |
Murray Stahl's Vanguard Short-Term Treasury ETF Investment FAQs
Murray Stahl first purchased Vanguard Short-Term Treasury ETF (VGSH) in Q3 2017, acquiring 3,035,060 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl has held Vanguard Short-Term Treasury ETF (VGSH) for 33 quarters since Q3 2017. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl's largest addition to Vanguard Short-Term Treasury ETF (VGSH) was in Q3 2017, adding 3,035,060 shares worth $184.3 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 124,996 shares of Vanguard Short-Term Treasury ETF (VGSH), valued at approximately $7.36 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Vanguard Short-Term Treasury ETF (VGSH) represents approximately 0.09% of Murray Stahl's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl's peak holding in Vanguard Short-Term Treasury ETF (VGSH) was 3,035,060 shares, as reported at the end of Q3 2017. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.