Vanguard Tax-Exempt Bond Index Fund
VTEB
542 hedge funds and large institutions have $6.8B invested in Vanguard Tax-Exempt Bond Index Fund in 2020 Q4 according to their latest regulatory filings, with 107 funds opening new positions, 257 increasing their positions, 101 reducing their positions, and 16 closing their positions.
569% more first-time investments, than exits
New positions opened: 107 | Existing positions closed: 16
154% more repeat investments, than reductions
Existing positions increased: 257 | Existing positions reduced: 101
31% more funds holding in top 10
Funds holding in top 10: 29 → 38 (+9)
18% more funds holding
Funds holding: 458 → 542 (+84)
16% more capital invested
Capital invested by funds: $5.84B → $6.8B (+$956M)
1.11% more ownership
Funds ownership: 66.1% → 67.22% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealthfront Advisers
Palo Alto,
California
|
+$191M |
| 2 |
Morgan Stanley
New York
|
+$133M |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$101M |
| 4 |
SCM
SCS Capital Management
Boston,
Massachusetts
|
+$86.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$47.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$24.9M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
-$19.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$13.8M |
| 4 |
CCFM
Clear Creek Financial Management
Silverdale,
Washington
|
-$9.76M |
| 5 |
Jane Street
New York
|
-$6.02M |
VTEB Hedge Fund Activity: Q4 2020 in Review
542 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q4 2020, worth a combined $6.8B — up 16% from $5.84B a quarter earlier.
Buyers outnumbered sellers: 107 funds opened new VTEB positions and 16 closed out — a net gain of 91 holders — while 257 added to existing stakes and 101 trimmed.
The largest buyer was Wealthfront Advisers, adding an estimated $191M. The largest seller was JP Morgan Chase, cutting an estimated $24.9M.
- 542 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q4 2020, up from 458 in Q3 2020.
- Funds reported $6.8B of Vanguard Tax-Exempt Bond Index Fund stock for Q4 2020, up 16% quarter-over-quarter.
- 107 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q4 2020 and 16 closed out, a net change of +91 holders.
- The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q4 2020 was Wealthfront Advisers, an estimated $191M added.
- The largest Vanguard Tax-Exempt Bond Index Fund seller in Q4 2020 was JP Morgan Chase, an estimated $24.9M sold.
Based on aggregated 13F filings for Q4 2020.