We are live on ! Find out more
VTEB icon

Vanguard Tax-Exempt Bond Index Fund
VTEB

98 hedge funds and large institutions have $539M invested in Vanguard Tax-Exempt Bond Index Fund in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 45 increasing their positions, 17 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

188% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 8

165% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 17

67% more capital invested

Capital invested by funds: $323M → $539M (+$216M)

20% more funds holding in top 10

Funds holding in top 10: 5 → 6 (+1)

17% more funds holding

Funds holding: 84 → 98 (+14)

1.67% more ownership

Funds ownership: 53.08% → 54.76% (+1.7%)

Holders
98
Holders Change
+14
Holders Change %
+16.67%
% of All Funds
2.44%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.15%
New
23
Increased
45
Reduced
17
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
RJA
Raymond James & Associates
Florida
+$115M
2
CSIA
Charles Schwab Investment Advisory
California
+$43.1M
3
UBS AM
UBS AM
Illinois
+$15.8M
4
Jane Street
Jane Street
New York
+$9.55M
5
Wells Fargo
Wells Fargo
California
+$8.3M

Top Sellers

1
UBS Group
UBS Group
Switzerland
-$10.8M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$7.59M
3
Bank of America
Bank of America
North Carolina
-$2.91M
4
CSM
CAMG Solamere Management
North Carolina
-$1.72M
5
RMC
Regis Management Company
California
-$1.36M
Name Holding Trade Value Shares
Change 		Change in
Stake
CSIA
1
Charles Schwab Investment Advisory
California
$127M +$43.1M +855,607 +52%
RJA
2
Raymond James & Associates
Florida
$118M +$115M +2,278,218 +5,116%
UBS Group
3
UBS Group
Switzerland
$27.6M -$10.8M -214,937 -28%
UBS AM
4
UBS AM
Illinois
$23.5M +$15.8M +313,599 +208%
Bank of America
5
Bank of America
North Carolina
$23.3M -$2.91M -57,717 -11%
BC
6
Brinker Capital
Pennsylvania
$17.2M +$3.45M +68,453 +25%
LPT
7
Legacy Private Trust
Wisconsin
$16.6M +$3.45M +68,546 +26%
SBL
8
Sargent Bickham Lagudis
Colorado
$14.8M -$18.7K -371 -0.1%
Wells Fargo
9
Wells Fargo
California
$12.7M +$8.3M +164,757 +190%
Ameriprise
10
Ameriprise
Minnesota
$12.7M +$3.27M +64,805 +35%
GC
11
Garde Capital
Washington
$10.8M +$950K +18,849 +10%
Jane Street
12
Jane Street
New York
$9.59M +$9.55M +189,417 New
Creative Planning
13
Creative Planning
Kansas
$9.16M -$780K -15,471 -8%
BCI
14
Brinker Capital Investments
Pennsylvania
$8.84M +$1.05M +20,759 +13%
CCP
15
Cardan Capital Partners
Colorado
$7.88M +$1.99M +39,434 +34%
LPL Financial
16
LPL Financial
California
$6.71M +$4.17M +82,840 +167%
JWM
17
Janiczek Wealth Management
Colorado
$5.8M +$5.77M +114,539 New
RMC
18
Regis Management Company
California
$5.08M -$1.36M -27,000 -21%
RJFSA
19
Raymond James Financial Services Advisors
Florida
$4.27M +$4.05M +80,295 +1,992%
CSM
20
CAMG Solamere Management
North Carolina
$4.23M -$1.72M -34,123 -29%
IA
21
Independence Advisors
Pennsylvania
$3.58M +$88.6K +1,758 +3%
ST
22
Smithfield Trust
Pennsylvania
$3.47M +$3.46M +68,607 New
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$3.3M +$150K +2,973 +5%
FA
24
FDx Advisors
Illinois
$3.24M +$112K +2,232 +4%
OAJ
25
Ogorek Anthony Joseph
New York
$2.91M -$1.24M -24,608 -30%
1
2 3 4 5

VTEB Hedge Fund Activity: Q1 2017 in Review

98 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q1 2017, worth a combined $539M — up 67% from $323M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new VTEB positions and 8 closed out — a net gain of 15 holders — while 45 added to existing stakes and 17 trimmed.

The largest buyer was Raymond James & Associates, adding an estimated $115M. The largest seller was UBS Group, cutting an estimated $10.8M.

  • 98 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q1 2017, up from 84 in Q4 2016.
  • Funds reported $539M of Vanguard Tax-Exempt Bond Index Fund stock for Q1 2017, up 67% quarter-over-quarter.
  • 23 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q1 2017 and 8 closed out, a net change of +15 holders.
  • The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q1 2017 was Raymond James & Associates, an estimated $115M added.
  • The largest Vanguard Tax-Exempt Bond Index Fund seller in Q1 2017 was UBS Group, an estimated $10.8M sold.

Based on aggregated 13F filings for Q1 2017.