We are live on ! Find out more
VTEB icon

Vanguard Tax-Exempt Bond Index Fund
VTEB

158 hedge funds and large institutions have $1.37B invested in Vanguard Tax-Exempt Bond Index Fund in 2017 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 72 increasing their positions, 19 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

650% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 6

279% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 19

71% more funds holding in top 10

Funds holding in top 10: 7 → 12 (+5)

41% more capital invested

Capital invested by funds: $967M → $1.37B (+$401M)

33% more funds holding

Funds holding: 119 → 158 (+39)

4.27% more ownership

Funds ownership: 58.5% → 62.77% (+4.3%)

Holders
158
Holders Change
+39
Holders Change %
+32.77%
% of All Funds
3.58%
Holding in Top 10
12
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+71.43%
% of All Funds
0.27%
New
45
Increased
72
Reduced
19
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
W
Wealthfront
California
+$138M
2
CSIA
Charles Schwab Investment Advisory
California
+$94.6M
3
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
+$24.7M
4
RJA
Raymond James & Associates
Florida
+$19.7M
5
ST
Smithfield Trust
Pennsylvania
+$14.1M

Top Sellers

1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$13.8M
2
Jane Street
Jane Street
New York
-$10.1M
3
CPO
Cerity Partners OCIO
New York
-$1.46M
4
NC
NewSquare Capital
Pennsylvania
-$1.31M
5
ZCA
Zeke Capital Advisors
Pennsylvania
-$804K
Name Holding Trade Value Shares
Change 		Change in
Stake
SSB
151
Sandy Spring Bank
Maryland
$16K – – –
CPIG
152
Chicago Partners Investment Group
Illinois
$13K – – –
NSIM
153
North Star Investment Management
Illinois
$10K – – –
MFT
154
Moisand Fitzgerald Tamayo
Florida
$6K – – –
Fifth Third Bancorp
155
Fifth Third Bancorp
Ohio
$5K – – –
SFG
156
SevenBridge Financial Group
Pennsylvania
$3K +$2.79K +54 New
AWE
157
Avidian Wealth Enterprises
Texas
$444 +$144K +2,785 +48%
PCG
158
Private Capital Group
Connecticut
$27 +$27.1K +525 New
Susquehanna International Group
159
Susquehanna International Group
Pennsylvania
– -$13.8M -267,890 Closed
CA
160
Cetera Advisors
Colorado
– -$800K -15,500 Closed
OMC
161
Old Mission Capital
Illinois
– -$233K -4,509 Closed
SHCM
162
Stokes & Hubbell Capital Management
Louisiana
– -$230K -4,445 Closed
AIP
163
Ameritas Investment Partners
Nebraska
– -$25K -500 Closed
LYV
164
Live Your Vision
Pennsylvania
– -$1K -22 Closed
BlackRock
165
BlackRock
New York
– +$155 +3 New
3 4 5 6
7

VTEB Hedge Fund Activity: Q4 2017 in Review

158 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q4 2017, worth a combined $1.37B — up 41% from $967M a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new VTEB positions and 6 closed out — a net gain of 39 holders — while 72 added to existing stakes and 19 trimmed.

The largest buyer was Wealthfront, adding an estimated $138M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $13.8M sold.

  • 158 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q4 2017, up from 119 in Q3 2017.
  • Funds reported $1.37B of Vanguard Tax-Exempt Bond Index Fund stock for Q4 2017, up 41% quarter-over-quarter.
  • 45 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q4 2017 and 6 closed out, a net change of +39 holders.
  • The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q4 2017 was Wealthfront, an estimated $138M added.
  • The largest Vanguard Tax-Exempt Bond Index Fund seller in Q4 2017 was Susquehanna International Group, an estimated $13.8M sold.

Based on aggregated 13F filings for Q4 2017.