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Vanguard Tax-Exempt Bond Index Fund

856 hedge funds and large institutions have $18.4B invested in Vanguard Tax-Exempt Bond Index Fund in 2022 Q4 according to their latest regulatory filings, with 204 funds opening new positions, 330 increasing their positions, 264 reducing their positions, and 89 closing their positions.

New
Increased
Maintained
Reduced
Closed

129% more first-time investments, than exits

New positions opened: 204 | Existing positions closed: 89

47% more capital invested

Capital invested by funds: $12.6B → $18.4B (+$5.85B)

25% more repeat investments, than reductions

Existing positions increased: 330 | Existing positions reduced: 264

13% more funds holding

Funds holding: 757856 (+99)

10% more funds holding in top 10

Funds holding in top 10: 7785 (+8)

0.67% more ownership

Funds ownership: 74.22%74.88% (+0.67%)

79% less call options, than puts

Call options by funds: $91K | Put options by funds: $436K

Holders
856
Holders Change
+99
Holders Change %
+13.08%
% of All Funds
13.76%
Holding in Top 10
85
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+10.39%
% of All Funds
1.37%
New
204
Increased
330
Reduced
264
Closed
89
Calls
$91K
Puts
$436K
Net Calls
-$345K
Net Calls Change
-$392K
Name Holding Trade Value Shares
Change
Change in
Stake
Mariner
26
Mariner
Kansas
$109M -$12.1M -247,504 -10%
Jones Financial Companies
27
Jones Financial Companies
Missouri
$108M +$7.82M +160,032 +8%
Cerity Partners
28
Cerity Partners
New York
$103M +$9.72M +198,812 +24%
MWM
29
Merriman Wealth Management
Washington
$102M +$60.1M +1,228,344 +149%
HCC
30
Hirtle Callaghan & Co
Pennsylvania
$99M +$94M +1,921,837 +2,456%
Baird Financial Group
31
Baird Financial Group
Wisconsin
$98.1M +$13M +265,228 +15%
LPL Financial
32
LPL Financial
California
$96.8M +$15.3M +311,948 +19%
Ameriprise
33
Ameriprise
Minnesota
$95.4M +$13.9M +284,436 +17%
RJFSA
34
Raymond James Financial Services Advisors
Florida
$79.8M +$7.1M +145,178 +10%
BFG
35
Bleakley Financial Group
New Jersey
$73M +$72.1M +1,475,446 New
FAAM
36
First Ascent Asset Management
Colorado
$69.9M +$3.33M +68,104 +5%
CCWA
37
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$69.7M +$68.9M +1,409,210 New
WAG
38
Winthrop Advisory Group
Massachusetts
$62.1M +$6.85M +140,208 +13%
SC
39
Savant Capital
Illinois
$53.1M +$875K +17,900 +2%
RFC
40
Regions Financial Corp
Alabama
$49.5M -$3.67M -74,983 -7%
Royal Bank of Canada
41
Royal Bank of Canada
Ontario, Canada
$49.2M +$5.91M +120,806 +14%
BBNB
42
Baker Boyer National Bank
Washington
$47.5M +$3.01M +61,514 +7%
Commonwealth Equity Services
43
Commonwealth Equity Services
Massachusetts
$47.1M +$7.87M +161,070 +20%
MAS
44
Meeder Advisory Services
Ohio
$46.4M +$45.8M +936,679 New
MIS
45
Morningstar Investment Services
Illinois
$45.8M -$3.93M -80,433 -8%
WCWM
46
Willow Creek Wealth Management
California
$43.6M +$21.7M +443,509 +101%
HSA
47
HBK Sorce Advisory
Pennsylvania
$41.6M +$40.8M +833,868 +13,484%
M&T Bank
48
M&T Bank
New York
$40.5M +$21.5M +439,534 +116%
Financial Engines Advisors
49
Financial Engines Advisors
California
$39M +$1.21M +24,656 +3%
Carson Wealth (CWM LLC)
50
Carson Wealth (CWM LLC)
Nebraska
$38.8M +$576K +11,787 +2%

VTEB Hedge Fund Activity: Q4 2022 in Review

856 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q4 2022, worth a combined $18.4B — up 47% from $12.6B a quarter earlier.

Buyers outnumbered sellers: 204 funds opened new VTEB positions and 89 closed out — a net gain of 115 holders — while 330 added to existing stakes and 264 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $2.54B. The largest seller was Wealthfront Advisers, cutting an estimated $364M.

  • 856 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q4 2022, up from 757 in Q3 2022.
  • Funds reported $18.4B of Vanguard Tax-Exempt Bond Index Fund stock for Q4 2022, up 47% quarter-over-quarter.
  • 204 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q4 2022 and 89 closed out, a net change of +115 holders.
  • The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q4 2022 was JP Morgan Chase, an estimated $2.54B added.
  • The largest Vanguard Tax-Exempt Bond Index Fund seller in Q4 2022 was Wealthfront Advisers, an estimated $364M sold.

Based on aggregated 13F filings for Q4 2022.