We are live on ! Find out more
VTEB icon

Vanguard Tax-Exempt Bond Index Fund

921 hedge funds and large institutions have $20.8B invested in Vanguard Tax-Exempt Bond Index Fund in 2023 Q3 according to their latest regulatory filings, with 101 funds opening new positions, 407 increasing their positions, 288 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

66% more first-time investments, than exits

New positions opened: 101 | Existing positions closed: 61

41% more repeat investments, than reductions

Existing positions increased: 407 | Existing positions reduced: 288

3% more funds holding

Funds holding: 891921 (+30)

1.91% more ownership

Funds ownership: 75.58%77.49% (+1.9%)

1% less capital invested

Capital invested by funds: $21B → $20.8B (-$214M)

5% less funds holding in top 10

Funds holding in top 10: 8379 (-4)

59% less call options, than puts

Call options by funds: $1.04M | Put options by funds: $2.54M

Holders
921
Holders Change
+30
Holders Change %
+3.37%
% of All Funds
14.62%
Holding in Top 10
79
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-4.82%
% of All Funds
1.25%
New
101
Increased
407
Reduced
288
Closed
61
Calls
$1.04M
Puts
$2.54M
Net Calls
-$1.5M
Net Calls Change
-$1.36M
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
26
LPL Financial
California
$124M +$12.8M +258,246 +11%
Ameriprise
27
Ameriprise
Minnesota
$119M +$14.8M +298,313 +14%
PNC Financial Services Group
28
PNC Financial Services Group
Pennsylvania
$116M +$2.52M +50,870 +2%
Jones Financial Companies
29
Jones Financial Companies
Missouri
$110M +$2.79M +56,295 +3%
Osaic Holdings
30
Osaic Holdings
Arizona
$110M +$11.7M +236,471 +12%
PCIA
31
Prime Capital Investment Advisors
Kansas
$108M -$2.83M -57,198 -2%
RJFSA
32
Raymond James Financial Services Advisors
Florida
$99.9M +$7.98M +161,152 +8%
Members Trust
33
Members Trust
Florida
$93M +$95.9M +1,936,417 New
Royal Bank of Canada
34
Royal Bank of Canada
Ontario, Canada
$90.2M +$51M +1,029,642 +122%
MWM
35
Merriman Wealth Management
Washington
$87.3M -$1.16M -23,490 -1%
Vanguard Group
36
Vanguard Group
Pennsylvania
$83.4M +$37.1M +748,261 +76%
Cerity Partners
37
Cerity Partners
New York
$75.8M +$3.92M +79,101 +5%
FAAM
38
First Ascent Asset Management
Colorado
$68.5M +$6.54M +132,091 +10%
WPW
39
Waldron Private Wealth
Pennsylvania
$65.4M -$322K -6,498 -0.5%
BFG
40
Bleakley Financial Group
New Jersey
$65.3M -$11.9M -240,142 -15%
SS
41
Simplicity Solutions
Minnesota
$65.3M -$11.9M -240,142 -15%
WAG
42
Winthrop Advisory Group
Massachusetts
$65.2M +$583K +11,762 +0.9%
MIS
43
Morningstar Investment Services
Illinois
$62.8M +$15.1M +304,842 +30%
LFS
44
Lutz Financial Services
Nebraska
$60.8M +$9.69M +195,660 +18%
CAG
45
Crestwood Advisors Group
Massachusetts
$60.6M -$976K -19,706 -2%
SFA
46
Sequoia Financial Advisors
Ohio
$59.1M +$48.6K +982 +0.1%
HighTower Advisors
47
HighTower Advisors
Illinois
$56.4M +$10.4M +210,142 +22%
BBNB
48
Baker Boyer National Bank
Washington
$53.4M -$160K -3,233 -0.3%
Stifel Financial
49
Stifel Financial
Missouri
$51.4M +$11.1M +224,957 +27%
SC
50
Savant Capital
Illinois
$51M -$273K -5,507 -0.5%

VTEB Hedge Fund Activity: Q3 2023 in Review

921 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q3 2023, worth a combined $20.8B — down 1% from $21B a quarter earlier.

Buyers outnumbered sellers: 101 funds opened new VTEB positions and 61 closed out — a net gain of 40 holders — while 407 added to existing stakes and 288 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $562M. The largest seller was Wealthfront Advisers, cutting an estimated $603M.

  • 921 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q3 2023, up from 891 in Q2 2023.
  • Funds reported $20.8B of Vanguard Tax-Exempt Bond Index Fund stock for Q3 2023, down 1% quarter-over-quarter.
  • 101 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q3 2023 and 61 closed out, a net change of +40 holders.
  • The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q3 2023 was JP Morgan Chase, an estimated $562M added.
  • The largest Vanguard Tax-Exempt Bond Index Fund seller in Q3 2023 was Wealthfront Advisers, an estimated $603M sold.

Based on aggregated 13F filings for Q3 2023.