Vanguard Tax-Exempt Bond Index Fund
VTEB
105 hedge funds and large institutions have $712M invested in Vanguard Tax-Exempt Bond Index Fund in 2017 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 57 increasing their positions, 19 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
200% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 19
32% more capital invested
Capital invested by funds: $539M → $712M (+$173M)
7% more funds holding
Funds holding: 98 → 105 (+7)
0.61% more ownership
Funds ownership: 54.76% → 55.37% (+0.61%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$65.4M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$51.8M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$13.7M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.5M |
| 5 |
HI
Hudock Inc
Williamsport,
Pennsylvania
|
+$6.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$6.12M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.6M |
| 3 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
-$3.39M |
| 4 |
LYV
Live Your Vision
West Conshohocken,
Pennsylvania
|
-$1.8M |
| 5 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$1.05M |
VTEB Hedge Fund Activity: Q2 2017 in Review
105 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q2 2017, worth a combined $712M — up 32% from $539M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new VTEB positions and 4 closed out — a net gain of 8 holders — while 57 added to existing stakes and 19 trimmed.
The largest buyer was Wells Fargo, adding an estimated $65.4M. The largest seller was Jane Street, cutting an estimated $6.12M.
- 105 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q2 2017, up from 98 in Q1 2017.
- Funds reported $712M of Vanguard Tax-Exempt Bond Index Fund stock for Q2 2017, up 32% quarter-over-quarter.
- 12 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q2 2017 and 4 closed out, a net change of +8 holders.
- The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q2 2017 was Wells Fargo, an estimated $65.4M added.
- The largest Vanguard Tax-Exempt Bond Index Fund seller in Q2 2017 was Jane Street, an estimated $6.12M sold.
Based on aggregated 13F filings for Q2 2017.