Vanguard Tax-Exempt Bond Index Fund
VTEB
56 hedge funds and large institutions have $196M invested in Vanguard Tax-Exempt Bond Index Fund in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 6 reducing their positions, and 3 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 6
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
54% more capital invested
Capital invested by funds: $127M → $196M (+$69.1M)
17% more funds holding
Funds holding: 48 → 56 (+8)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.08% less ownership
Funds ownership: 33.95% → 33.87% (-0.08%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$33.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$6.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$6.38M |
| 4 |
Citigroup
New York
|
+$2.44M |
| 5 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$2.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBL
Sargent Bickham Lagudis
Boulder,
Colorado
|
-$13.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.12M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$510K |
| 4 |
PHIMC
Private Harbour Investment Management & Counsel
Sagamore Hills,
Ohio
|
-$445K |
| 5 |
SHCM
Stokes & Hubbell Capital Management
New Orleans,
Louisiana
|
-$247K |
VTEB Hedge Fund Activity: Q3 2016 in Review
56 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q3 2016, worth a combined $196M — up 54% from $127M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new VTEB positions and 3 closed out — a net gain of 8 holders — while 30 added to existing stakes and 6 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $33.2M. The largest seller was Sargent Bickham Lagudis, cutting an estimated $13.6M.
- 56 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q3 2016, up from 48 in Q2 2016.
- Funds reported $196M of Vanguard Tax-Exempt Bond Index Fund stock for Q3 2016, up 54% quarter-over-quarter.
- 11 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q3 2016 and 3 closed out, a net change of +8 holders.
- The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q3 2016 was Charles Schwab Investment Advisory, an estimated $33.2M added.
- The largest Vanguard Tax-Exempt Bond Index Fund seller in Q3 2016 was Sargent Bickham Lagudis, an estimated $13.6M sold.
Based on aggregated 13F filings for Q3 2016.