Vanguard Tax-Exempt Bond Index Fund
VTEB
84 hedge funds and large institutions have $323M invested in Vanguard Tax-Exempt Bond Index Fund in 2016 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 32 increasing their positions, 10 reducing their positions, and 4 closing their positions.
725% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 4
220% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 10
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
65% more capital invested
Capital invested by funds: $196M → $323M (+$127M)
50% more funds holding
Funds holding: 56 → 84 (+28)
19.22% more ownership
Funds ownership: 33.87% → 53.08% (+19%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$32.4M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$16.5M |
| 3 |
SBL
Sargent Bickham Lagudis
Boulder,
Colorado
|
+$14.6M |
| 4 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
+$13.2M |
| 5 |
GC
Garde Capital
Seattle,
Washington
|
+$9.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.14M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.81M |
| 3 |
Citigroup
New York
|
-$1.79M |
| 4 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
-$1.74M |
| 5 |
Jane Street
New York
|
-$1.09M |
VTEB Hedge Fund Activity: Q4 2016 in Review
84 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q4 2016, worth a combined $323M — up 65% from $196M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new VTEB positions and 4 closed out — a net gain of 29 holders — while 32 added to existing stakes and 10 trimmed.
The largest buyer was UBS Group, adding an estimated $32.4M. The largest seller was Wells Fargo, cutting an estimated $2.14M.
- 84 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q4 2016, up from 56 in Q3 2016.
- Funds reported $323M of Vanguard Tax-Exempt Bond Index Fund stock for Q4 2016, up 65% quarter-over-quarter.
- 33 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q4 2016 and 4 closed out, a net change of +29 holders.
- The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q4 2016 was UBS Group, an estimated $32.4M added.
- The largest Vanguard Tax-Exempt Bond Index Fund seller in Q4 2016 was Wells Fargo, an estimated $2.14M sold.
Based on aggregated 13F filings for Q4 2016.