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Vanguard Tax-Exempt Bond Index Fund

891 hedge funds and large institutions have $21B invested in Vanguard Tax-Exempt Bond Index Fund in 2023 Q2 according to their latest regulatory filings, with 77 funds opening new positions, 388 increasing their positions, 303 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 56

28% more repeat investments, than reductions

Existing positions increased: 388 | Existing positions reduced: 303

6% more capital invested

Capital invested by funds: $19.9B → $21B (+$1.11B)

2% more funds holding

Funds holding: 876891 (+15)

0% more funds holding in top 10

Funds holding in top 10: 8383 (0)

0.86% less ownership

Funds ownership: 76.44%75.58% (-0.86%)

7% less call options, than puts

Call options by funds: $1.82M | Put options by funds: $1.96M

Holders
891
Holders Change
+15
Holders Change %
+1.71%
% of All Funds
13.99%
Holding in Top 10
83
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
1.3%
New
77
Increased
388
Reduced
303
Closed
56
Calls
$1.82M
Puts
$1.96M
Net Calls
-$141K
Net Calls Change
+$69K
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
26
PNC Financial Services Group
Pennsylvania
$118M -$618K -12,295 -0.5%
LPL Financial
27
LPL Financial
California
$116M +$9.25M +184,012 +9%
PCIA
28
Prime Capital Investment Advisors
Kansas
$116M +$109M +2,175,157 +1,699%
Jones Financial Companies
29
Jones Financial Companies
Missouri
$112M +$2.6M +51,710 +2%
Ameriprise
30
Ameriprise
Minnesota
$110M +$6.85M +136,369 +7%
Osaic Holdings
31
Osaic Holdings
Arizona
$102M -$22.9M -455,097 -18%
RJFSA
32
Raymond James Financial Services Advisors
Florida
$96.2M +$4.96M +98,691 +5%
MWM
33
Merriman Wealth Management
Washington
$92.3M -$4.18M -83,255 -4%
BFG
34
Bleakley Financial Group
New Jersey
$80.2M +$3.6M +71,738 +5%
SS
35
Simplicity Solutions
Minnesota
$80.2M +$3.6M +71,738 +5%
Cerity Partners
36
Cerity Partners
New York
$75.2M -$25.5M -507,142 -25%
WPW
37
Waldron Private Wealth
Pennsylvania
$68.6M -$2.58M -51,281 -4%
WAG
38
Winthrop Advisory Group
Massachusetts
$67.5M +$61.1M +1,216,410 +957%
FAAM
39
First Ascent Asset Management
Colorado
$64.9M +$2.34M +46,628 +4%
CAG
40
Crestwood Advisors Group
Massachusetts
$64.3M +$32.2M +640,858 +100%
SFA
41
Sequoia Financial Advisors
Ohio
$61.7M +$6.27M +124,755 +11%
BBNB
42
Baker Boyer National Bank
Washington
$56M +$3.01M +59,892 +6%
LFS
43
Lutz Financial Services
Nebraska
$53.7M +$2.31M +45,991 +4%
SC
44
Savant Capital
Illinois
$53.5M +$877K +17,455 +2%
MAS
45
Meeder Advisory Services
Ohio
$53.3M +$2.74M +54,477 +5%
RFC
46
Regions Financial Corp
Alabama
$51.7M -$289K -5,744 -0.6%
BHWM
47
Beaird Harris Wealth Management
Texas
$50.6M +$50.1M +996,536 +9,926%
MIS
48
Morningstar Investment Services
Illinois
$50.4M +$1.71M +34,112 +4%
Barclays
49
Barclays
United Kingdom
$49.9M +$40.4M +804,941 +427%
Vanguard Group
50
Vanguard Group
Pennsylvania
$49.5M +$23.7M +472,452 +92%

VTEB Hedge Fund Activity: Q2 2023 in Review

891 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q2 2023, worth a combined $21B — up 5.6% from $19.9B a quarter earlier.

Buyers outnumbered sellers: 77 funds opened new VTEB positions and 56 closed out — a net gain of 21 holders — while 388 added to existing stakes and 303 trimmed.

The largest buyer was Wealthfront Advisers, adding an estimated $300M. The largest seller was Summit Wealth Group, cutting an estimated $101M.

  • 891 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q2 2023, up from 876 in Q1 2023.
  • Funds reported $21B of Vanguard Tax-Exempt Bond Index Fund stock for Q2 2023, up 5.6% quarter-over-quarter.
  • 77 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q2 2023 and 56 closed out, a net change of +21 holders.
  • The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q2 2023 was Wealthfront Advisers, an estimated $300M added.
  • The largest Vanguard Tax-Exempt Bond Index Fund seller in Q2 2023 was Summit Wealth Group, an estimated $101M sold.

Based on aggregated 13F filings for Q2 2023.