Vanguard Tax-Exempt Bond Index Fund
VTEB
19 hedge funds and large institutions have $32.9M invested in Vanguard Tax-Exempt Bond Index Fund in 2015 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 7 increasing their positions, reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
90% more funds holding
Funds holding: 10 → 19 (+9)
7% less capital invested
Capital invested by funds: $35.5M → $32.9M (-$2.58M)
40.2% less ownership
Funds ownership: 61.43% → 21.23% (-40%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$10.5M |
| 2 |
FA
FDx Advisors
Chicago,
Illinois
|
+$2.58M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.27M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.13M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$27.9M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$732K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$129K |
VTEB Hedge Fund Activity: Q4 2015 in Review
19 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q4 2015, worth a combined $32.9M — down 7.3% from $35.5M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new VTEB positions and 3 closed out — a net gain of 9 holders — while 7 added to existing stakes and 0 trimmed.
The largest buyer was Bank of America, adding an estimated $10.5M. The largest seller was Jane Street, exiting entirely with an estimated $27.9M sold.
- 19 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q4 2015, up from 10 in Q3 2015.
- Funds reported $32.9M of Vanguard Tax-Exempt Bond Index Fund stock for Q4 2015, down 7.3% quarter-over-quarter.
- 12 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q4 2015 and 3 closed out, a net change of +9 holders.
- The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q4 2015 was Bank of America, an estimated $10.5M added.
- The largest Vanguard Tax-Exempt Bond Index Fund seller in Q4 2015 was Jane Street, an estimated $27.9M sold.
Based on aggregated 13F filings for Q4 2015.