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Vanguard Tax-Exempt Bond Index Fund

1,351 hedge funds and large institutions have $28.2B invested in Vanguard Tax-Exempt Bond Index Fund in 2026 Q1 according to their latest regulatory filings, with 121 funds opening new positions, 659 increasing their positions, 386 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

109% more first-time investments, than exits

New positions opened: 121 | Existing positions closed: 58

71% more repeat investments, than reductions

Existing positions increased: 659 | Existing positions reduced: 386

3% more funds holding

Funds holding: 1,3151,351 (+36)

2% more funds holding in top 10

Funds holding in top 10: 8688 (+2)

4.24% less ownership

Funds ownership: 72.62%68.38% (-4.2%)

13% less capital invested

Capital invested by funds: $32.3B → $28.2B (-$4.08B)

25% less call options, than puts

Call options by funds: $11.8M | Put options by funds: $15.8M

Holders
1,351
Holders Change
+36
Holders Change %
+2.74%
% of All Funds
16.53%
Holding in Top 10
88
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+2.33%
% of All Funds
1.08%
New
121
Increased
659
Reduced
386
Closed
58
Calls
$11.8M
Puts
$15.8M
Net Calls
-$4M
Net Calls Change
-$42.7M
Name Holding Trade Value Shares
Change
Change in
Stake
AL
26
Aspiriant LLC
California
$211M -$3.54M -70,098 -2%
Vanguard Advisers Inc
27
Vanguard Advisers Inc
Pennsylvania
$192M +$195M +3,852,209 New
US Bancorp
28
US Bancorp
Minnesota
$174M -$821K -16,267 -0.5%
OWM
29
Orgel Wealth Management
Wisconsin
$173M -$4.63M -91,781 -3%
Royal Bank of Canada
30
Royal Bank of Canada
Ontario, Canada
$165M -$4.63M -91,724 -3%
Ameriprise
31
Ameriprise
Minnesota
$160M +$8.15M +161,459 +5%
FWI
32
Facet Wealth Inc
Maryland
$132M +$30.9M +611,368 +30%
HighTower Advisors
33
HighTower Advisors
Illinois
$131M +$3.81M +75,473 +3%
PNC Financial Services Group
34
PNC Financial Services Group
Pennsylvania
$123M -$4.92M -97,485 -4%
Members Trust
35
Members Trust
Florida
$122M +$4.55M +90,170 +4%
Pathstone Holdings
36
Pathstone Holdings
New Jersey
$118M +$1.02M +20,115 +0.9%
OIA
37
OneDigital Investment Advisors
Kansas
$107M +$11.3M +223,228 +12%
SCM
38
SCS Capital Management
Massachusetts
$96.3M -$782K -15,494 -0.8%
PCIA
39
Prime Capital Investment Advisors
Kansas
$94.6M -$770K -15,240 -0.8%
SFA
40
Sequoia Financial Advisors
Ohio
$92.1M +$7.11M +140,834 +8%
Bank of New York Mellon
41
Bank of New York Mellon
New York
$90M +$16.1M +319,117 +21%
Baird Financial Group
42
Baird Financial Group
Wisconsin
$85.2M -$2.71M -53,681 -3%
SC
43
Savant Capital
Illinois
$80.6M +$7.39M +146,263 +10%
Osaic Holdings
44
Osaic Holdings
Arizona
$80.3M -$17.7M -350,512 -18%
WPC
45
Wedmont Private Capital
Pennsylvania
$79.6M +$13.4M +265,487 +20%
LFS
46
Lutz Financial Services
Nebraska
$78.3M +$4.18M +82,868 +6%
Stifel Financial
47
Stifel Financial
Missouri
$77.6M +$3.49M +69,173 +5%
GM
48
GeoWealth Management
Illinois
$77.2M +$1.49M +29,598 +2%
AMPWP
49
Alvarez & Marsal Private Wealth Partners
Florida
$71.3M +$72.1M +1,428,518 New
MMA
50
Miracle Mile Advisors
California
$68.1M +$61.3M +1,213,245 +796%

VTEB Hedge Fund Activity: Q1 2026 in Review

1,351 of the 8,172 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q1 2026, worth a combined $28.2B — down 13% from $32.3B a quarter earlier.

Buyers outnumbered sellers: 121 funds opened new VTEB positions and 58 closed out — a net gain of 63 holders — while 659 added to existing stakes and 386 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $139M. The largest seller was JP Morgan Chase, cutting an estimated $3.02B.

  • 1,351 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q1 2026, up from 1,315 in Q4 2025.
  • Funds reported $28.2B of Vanguard Tax-Exempt Bond Index Fund stock for Q1 2026, down 13% quarter-over-quarter.
  • 121 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q1 2026 and 58 closed out, a net change of +63 holders.
  • The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q1 2026 was Morgan Stanley, an estimated $139M added.
  • The largest Vanguard Tax-Exempt Bond Index Fund seller in Q1 2026 was JP Morgan Chase, an estimated $3.02B sold.

Based on aggregated 13F filings for Q1 2026.