Vanguard Tax-Exempt Bond Index Fund
VTEB
252 hedge funds and large institutions have $2.82B invested in Vanguard Tax-Exempt Bond Index Fund in 2018 Q4 according to their latest regulatory filings, with 68 funds opening new positions, 94 increasing their positions, 61 reducing their positions, and 25 closing their positions.
172% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 25
54% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 61
50% more funds holding in top 10
Funds holding in top 10: 10 → 15 (+5)
20% more funds holding
Funds holding: 210 → 252 (+42)
11% more capital invested
Capital invested by funds: $2.55B → $2.82B (+$271M)
0.21% less ownership
Funds ownership: 71.44% → 71.22% (-0.21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$37.8M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$37.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$35.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$21.3M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
+$20.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$90.8M |
| 2 |
Jane Street
New York
|
-$71.3M |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$61.6M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$12.3M |
| 5 |
MIS
Morningstar Investment Services
Chicago,
Illinois
|
-$8.9M |
VTEB Hedge Fund Activity: Q4 2018 in Review
252 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q4 2018, worth a combined $2.82B — up 11% from $2.55B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new VTEB positions and 25 closed out — a net gain of 43 holders — while 94 added to existing stakes and 61 trimmed.
The largest buyer was UBS Group, adding an estimated $37.8M. The largest seller was Envestnet Asset Management, cutting an estimated $90.8M.
- 252 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q4 2018, up from 210 in Q3 2018.
- Funds reported $2.82B of Vanguard Tax-Exempt Bond Index Fund stock for Q4 2018, up 11% quarter-over-quarter.
- 68 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q4 2018 and 25 closed out, a net change of +43 holders.
- The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q4 2018 was UBS Group, an estimated $37.8M added.
- The largest Vanguard Tax-Exempt Bond Index Fund seller in Q4 2018 was Envestnet Asset Management, an estimated $90.8M sold.
Based on aggregated 13F filings for Q4 2018.