Vanguard Tax-Exempt Bond Index Fund
VTEB
210 hedge funds and large institutions have $2.55B invested in Vanguard Tax-Exempt Bond Index Fund in 2018 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 102 increasing their positions, 48 reducing their positions, and 13 closing their positions.
115% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 13
113% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 48
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
13% more capital invested
Capital invested by funds: $2.25B → $2.55B (+$303M)
7% more funds holding
Funds holding: 196 → 210 (+14)
2.39% more ownership
Funds ownership: 69.05% → 71.44% (+2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$107M |
| 2 |
W
Wealthfront
Palo Alto,
California
|
+$103M |
| 3 |
Jane Street
New York
|
+$71.5M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$33.5M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
+$28.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$122M |
| 2 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$16.3M |
| 3 |
ST
Smithfield Trust
Pittsburgh,
Pennsylvania
|
-$4.39M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$3.32M |
| 5 |
FA
FDx Advisors
Chicago,
Illinois
|
-$2.38M |
VTEB Hedge Fund Activity: Q3 2018 in Review
210 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q3 2018, worth a combined $2.55B — up 13% from $2.25B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new VTEB positions and 13 closed out — a net gain of 15 holders — while 102 added to existing stakes and 48 trimmed.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $107M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $122M.
- 210 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q3 2018, up from 196 in Q2 2018.
- Funds reported $2.55B of Vanguard Tax-Exempt Bond Index Fund stock for Q3 2018, up 13% quarter-over-quarter.
- 28 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q3 2018 and 13 closed out, a net change of +15 holders.
- The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q3 2018 was Envestnet Asset Management, an estimated $107M added.
- The largest Vanguard Tax-Exempt Bond Index Fund seller in Q3 2018 was Charles Schwab Investment Advisory, an estimated $122M sold.
Based on aggregated 13F filings for Q3 2018.