Vanguard Tax-Exempt Bond Index Fund
VTEB
767 hedge funds and large institutions have $12.9B invested in Vanguard Tax-Exempt Bond Index Fund in 2022 Q2 according to their latest regulatory filings, with 126 funds opening new positions, 271 increasing their positions, 284 reducing their positions, and 83 closing their positions.
52% more first-time investments, than exits
New positions opened: 126 | Existing positions closed: 83
40% more funds holding in top 10
Funds holding in top 10: 48 → 67 (+19)
24% more capital invested
Capital invested by funds: $10.4B → $12.9B (+$2.51B)
5% more funds holding
Funds holding: 733 → 767 (+34)
1.76% more ownership
Funds ownership: 73.25% → 75.01% (+1.8%)
5% less repeat investments, than reductions
Existing positions increased: 271 | Existing positions reduced: 284
90% less call options, than puts
Call options by funds: $53K | Put options by funds: $514K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$469M |
| 2 |
Wealthfront Advisers
Palo Alto,
California
|
+$402M |
| 3 |
AL
Aspiriant LLC
Los Angeles,
California
|
+$267M |
| 4 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
+$245M |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$229M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SCS Capital Management
Boston,
Massachusetts
|
-$430M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
-$154M |
| 3 |
DY
Dowling & Yahnke
San Diego,
California
|
-$44.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$40.1M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$36.1M |
VTEB Hedge Fund Activity: Q2 2022 in Review
767 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q2 2022, worth a combined $12.9B — up 24% from $10.4B a quarter earlier.
Buyers outnumbered sellers: 126 funds opened new VTEB positions and 83 closed out — a net gain of 43 holders — while 271 added to existing stakes and 284 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $469M. The largest seller was SCS Capital Management, cutting an estimated $430M.
- 767 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q2 2022, up from 733 in Q1 2022.
- Funds reported $12.9B of Vanguard Tax-Exempt Bond Index Fund stock for Q2 2022, up 24% quarter-over-quarter.
- 126 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q2 2022 and 83 closed out, a net change of +43 holders.
- The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q2 2022 was Charles Schwab Investment Advisory, an estimated $469M added.
- The largest Vanguard Tax-Exempt Bond Index Fund seller in Q2 2022 was SCS Capital Management, an estimated $430M sold.
Based on aggregated 13F filings for Q2 2022.