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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
ASW
101
Astoria Strategic Wealth
Texas
$32.2M +$1.06M +21,030 +3%
MNA
102
Manning & Napier Advisors
New York
$32M +$2.65M +52,479 +9%
Goldman Sachs
103
Goldman Sachs
New York
$31.6M -$7.94M -157,276 -20%
BWP
104
BSW Wealth Partners
Colorado
$31.4M +$705K +13,964 +2%
MWM
105
Modera Wealth Management
New Jersey
$31.2M -$773K -15,310 -2%
FCBT
106
First Citizens Bank & Trust
North Carolina
$30.4M -$71.4K -1,414 -0.2%
UBS AM
107
UBS AM
Illinois
$30M +$25.4M +502,684 +509%
CI
108
CX Institutional
Indiana
$29.4M +$1.27M +25,244 +4%
SL
109
Salomon & Ludwin
Virginia
$28.5M +$2.47M +48,893 +9%
BCM
110
Brookstone Capital Management
Illinois
$28M +$2.77M +54,933 +11%
MFG
111
Merit Financial Group
Georgia
$27.7M +$13.8M +272,404 +96%
LWM
112
Luminvest Wealth Management
Arizona
$27.1M +$414K +8,196 +2%
AC
113
AlphaCore Capital
California
$26.8M -$5.04M -99,907 -16%
TIAA Trust, National Association
114
TIAA Trust, National Association
North Carolina
$26.6M -$679M -13,439,919 -96%
PHWA
115
Petersen Hastings Wealth Advisors
Washington
$26.4M +$6.34M +125,577 +31%
NYLIM
116
New York Life Investment Management
New York
$25.4M +$1.69M +33,557 +7%
LAM
117
L2 Asset Management
Massachusetts
$25.2M +$12.9M +255,461 +102%
RW
118
Regimen Wealth
Georgia
$25.2M +$3.01M +59,670 +13%
OWA
119
One Wealth Advisors
California
$24.6M +$669K +13,259 +3%
QWP
120
Quotient Wealth Partners
Texas
$24.3M +$758K +15,007 +3%
AC
121
Apella Capital
Connecticut
$24.1M +$2.21M +43,681 +10%
Citadel Advisors
122
Citadel Advisors
Florida
$24M +$22.1M +437,290 +1,018%
HWA
123
Heartwood Wealth Advisors
Virginia
$23.2M +$3.01M +59,689 +15%
Lazard Asset Management
124
Lazard Asset Management
New York
$22.6M -$31.3K -619 -0.1%
Carson Wealth (CWM LLC)
125
Carson Wealth (CWM LLC)
Nebraska
$22.4M +$64.8K +1,283 +0.3%

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.