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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
Commonwealth Equity Services
51
Commonwealth Equity Services
Massachusetts
$49.2M +$7.86M +156,462 +19%
HighTower Advisors
52
HighTower Advisors
Illinois
$48.3M +$31M +617,649 +179%
Carson Wealth (CWM LLC)
53
Carson Wealth (CWM LLC)
Nebraska
$44.4M +$2.67M +53,044 +6%
WCWM
54
Willow Creek Wealth Management
California
$43.8M -$609K -12,113 -1%
Royal Bank of Canada
55
Royal Bank of Canada
Ontario, Canada
$42.4M -$13.6M -270,798 -24%
Stifel Financial
56
Stifel Financial
Missouri
$42.3M +$4.06M +80,842 +11%
Financial Engines Advisors
57
Financial Engines Advisors
California
$41.7M +$1.39M +27,607 +3%
HP
58
HT Partners
Connecticut
$39.5M
WFA
59
West Financial Advisors
Iowa
$39.2M +$2.04M +40,564 +5%
Lido Advisors
60
Lido Advisors
California
$37M +$2.78M +55,361 +8%
OMC
61
Old Mission Capital
Illinois
$35.8M +$25.8M +514,144 +258%
BWP
62
BSW Wealth Partners
Colorado
$35.5M +$5.11M +101,691 +17%
IAA
63
Independent Advisor Alliance
North Carolina
$34M -$971K -19,316 -3%
CC
64
Callan Capital
California
$33.6M +$4.63M +92,077 +16%
MWM
65
Modera Wealth Management
New Jersey
$32.4M -$41.5K -825 -0.1%
MML Investors Services
66
MML Investors Services
Massachusetts
$32.1M +$10.9M +216,189 +51%
PFPT
67
Pinnacle Financial Partners (Tennessee)
Tennessee
$31.5M -$280K -5,564 -0.9%
Lazard Asset Management
68
Lazard Asset Management
New York
$30.8M
BFC
69
Bedel Financial Consulting
Indiana
$30.4M -$54.9K -1,092 -0.2%
SB
70
Sunflower Bank
Texas
$28.5M +$241K +4,796 +0.9%
MNG
71
Manning & Napier Group
New York
$27.7M
FPCP
72
Fort Point Capital Partners
California
$27.2M +$5.48M +109,096 +25%
WANY
73
Wealthspire Advisors (New York)
New York
$27.2M +$356K +7,083 +1%
JWA
74
JFS Wealth Advisors
Pennsylvania
$27.1M +$2.2M +43,739 +9%
AWE
75
Avidian Wealth Enterprises
Texas
$26.8M -$4.31M -85,876 -14%

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.