Vanguard Tax-Exempt Bond Index Fund
VTEB
411 hedge funds and large institutions have $4.34B invested in Vanguard Tax-Exempt Bond Index Fund in 2020 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 153 increasing their positions, 122 reducing their positions, and 39 closing their positions.
69% more funds holding in top 10
Funds holding in top 10: 16 → 27 (+11)
67% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 39
25% more repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 122
6% more funds holding
Funds holding: 389 → 411 (+22)
4% less capital invested
Capital invested by funds: $4.52B → $4.34B (-$179M)
1.15% less ownership
Funds ownership: 67.3% → 66.15% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$194M |
| 2 |
SCM
SCS Capital Management
Boston,
Massachusetts
|
+$57.2M |
| 3 |
AC
Athanor Capital
New York
|
+$37.7M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$36.7M |
| 5 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$468M |
| 2 |
Wealthfront Advisers
Palo Alto,
California
|
-$70.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$54M |
| 4 |
JP Morgan Chase
New York
|
-$38M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$9.74M |
VTEB Hedge Fund Activity: Q1 2020 in Review
411 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q1 2020, worth a combined $4.34B — down 4% from $4.52B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new VTEB positions and 39 closed out — a net gain of 26 holders — while 153 added to existing stakes and 122 trimmed.
The largest buyer was Creative Planning, adding an estimated $194M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $468M.
- 411 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q1 2020, up from 389 in Q4 2019.
- Funds reported $4.34B of Vanguard Tax-Exempt Bond Index Fund stock for Q1 2020, down 4% quarter-over-quarter.
- 65 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q1 2020 and 39 closed out, a net change of +26 holders.
- The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q1 2020 was Creative Planning, an estimated $194M added.
- The largest Vanguard Tax-Exempt Bond Index Fund seller in Q1 2020 was Charles Schwab Investment Advisory, an estimated $468M sold.
Based on aggregated 13F filings for Q1 2020.