Vanguard Tax-Exempt Bond Index Fund
VTEB
757 hedge funds and large institutions have $12.6B invested in Vanguard Tax-Exempt Bond Index Fund in 2022 Q3 according to their latest regulatory filings, with 80 funds opening new positions, 314 increasing their positions, 262 reducing their positions, and 82 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 314 | Existing positions reduced: 262
15% more funds holding in top 10
Funds holding in top 10: 67 → 77 (+10)
6% more call options, than puts
Call options by funds: $875K | Put options by funds: $828K
0.8% less ownership
Funds ownership: 75.01% → 74.22% (-0.8%)
2% less first-time investments, than exits
New positions opened: 80 | Existing positions closed: 82
3% less capital invested
Capital invested by funds: $12.9B → $12.6B (-$323M)
1% less funds holding
Funds holding: 767 → 757 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealthfront Advisers
Palo Alto,
California
|
+$270M |
| 2 |
JP Morgan Chase
New York
|
+$144M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$137M |
| 4 |
SCM
SCS Capital Management
Boston,
Massachusetts
|
+$134M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$112M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$569M |
| 2 |
Jane Street
New York
|
-$187M |
| 3 |
FG
Foster Group
West Des Moines,
Iowa
|
-$101M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$91.2M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$73.6M |
VTEB Hedge Fund Activity: Q3 2022 in Review
757 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q3 2022, worth a combined $12.6B — down 2.5% from $12.9B a quarter earlier.
Sellers outnumbered buyers: 82 funds closed out of VTEB and 80 opened new positions — a net loss of 2 holders — while 262 trimmed existing stakes and 314 added.
The largest buyer was Wealthfront Advisers, adding an estimated $270M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $569M.
- 757 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q3 2022, down from 767 in Q2 2022.
- Funds reported $12.6B of Vanguard Tax-Exempt Bond Index Fund stock for Q3 2022, down 2.5% quarter-over-quarter.
- 80 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q3 2022 and 82 closed out, a net change of -2 holders.
- The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q3 2022 was Wealthfront Advisers, an estimated $270M added.
- The largest Vanguard Tax-Exempt Bond Index Fund seller in Q3 2022 was Charles Schwab Investment Advisory, an estimated $569M sold.
Based on aggregated 13F filings for Q3 2022.