Vanguard Tax-Exempt Bond Index Fund
VTEB
119 hedge funds and large institutions have $967M invested in Vanguard Tax-Exempt Bond Index Fund in 2017 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 57 increasing their positions, 19 reducing their positions, and 7 closing their positions.
200% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 7
200% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 19
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
36% more capital invested
Capital invested by funds: $712M → $967M (+$256M)
13% more funds holding
Funds holding: 105 → 119 (+14)
3.13% more ownership
Funds ownership: 55.37% → 58.5% (+3.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
W
Wealthfront
Palo Alto,
California
|
+$71.9M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$51.9M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$41.4M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$13.8M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$5.3M |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$3.25M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$920K |
| 4 |
PAS
Park Avenue Securities
New York
|
-$650K |
| 5 |
Bank of New York Mellon
New York
|
-$624K |
VTEB Hedge Fund Activity: Q3 2017 in Review
119 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q3 2017, worth a combined $967M — up 36% from $712M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new VTEB positions and 7 closed out — a net gain of 14 holders — while 57 added to existing stakes and 19 trimmed.
The largest buyer was Wealthfront, opening a new position worth an estimated $71.9M. The largest seller was Brinker Capital, cutting an estimated $5.3M.
- 119 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q3 2017, up from 105 in Q2 2017.
- Funds reported $967M of Vanguard Tax-Exempt Bond Index Fund stock for Q3 2017, up 36% quarter-over-quarter.
- 21 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q3 2017 and 7 closed out, a net change of +14 holders.
- The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q3 2017 was Wealthfront, an estimated $71.9M added.
- The largest Vanguard Tax-Exempt Bond Index Fund seller in Q3 2017 was Brinker Capital, an estimated $5.3M sold.
Based on aggregated 13F filings for Q3 2017.