Vanguard Tax-Exempt Bond Index Fund
VTEB
1,052 hedge funds and large institutions have $24.6B invested in Vanguard Tax-Exempt Bond Index Fund in 2024 Q1 according to their latest regulatory filings, with 78 funds opening new positions, 504 increasing their positions, 335 reducing their positions, and 74 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 504 | Existing positions reduced: 335
5% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 74
2% less capital invested
Capital invested by funds: $25.2B → $24.6B (-$589M)
1% less funds holding
Funds holding: 1,068 → 1,052 (-16)
2.5% less ownership
Funds ownership: 78.98% → 76.48% (-2.5%)
5% less funds holding in top 10
Funds holding in top 10: 91 → 86 (-5)
69% less call options, than puts
Call options by funds: $1.36M | Put options by funds: $4.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealthfront Advisers
Palo Alto,
California
|
+$180M |
| 2 |
D.E. Shaw & Co
New York
|
+$171M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$91.6M |
| 4 |
Jane Street
New York
|
+$83M |
| 5 |
GM
GeoWealth Management
Chicago,
Illinois
|
+$78.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$639M |
| 2 |
JP Morgan Chase
New York
|
-$475M |
| 3 |
MIS
Morningstar Investment Services
Chicago,
Illinois
|
-$66.1M |
| 4 |
KOC
Koss-Olinger Consulting
Gainesville,
Florida
|
-$36.8M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$34.7M |
VTEB Hedge Fund Activity: Q1 2024 in Review
1,052 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q1 2024, worth a combined $24.6B — down 2.3% from $25.2B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new VTEB positions and 74 closed out — a net gain of 4 holders — while 504 added to existing stakes and 335 trimmed.
The largest buyer was Wealthfront Advisers, adding an estimated $180M. The largest seller was Morgan Stanley, cutting an estimated $639M.
- 1,052 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q1 2024, down from 1,068 in Q4 2023.
- Funds reported $24.6B of Vanguard Tax-Exempt Bond Index Fund stock for Q1 2024, down 2.3% quarter-over-quarter.
- 78 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q1 2024 and 74 closed out, a net change of +4 holders.
- The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q1 2024 was Wealthfront Advisers, an estimated $180M added.
- The largest Vanguard Tax-Exempt Bond Index Fund seller in Q1 2024 was Morgan Stanley, an estimated $639M sold.
Based on aggregated 13F filings for Q1 2024.