Vanguard Tax-Exempt Bond Index Fund
VTEB
292 hedge funds and large institutions have $3.47B invested in Vanguard Tax-Exempt Bond Index Fund in 2019 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 123 increasing their positions, 60 reducing their positions, and 19 closing their positions.
111% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 19
105% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 60
11% more capital invested
Capital invested by funds: $3.12B → $3.47B (+$345M)
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
7% more funds holding
Funds holding: 274 → 292 (+18)
2.19% less ownership
Funds ownership: 69.17% → 66.98% (-2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealthfront Advisers
Palo Alto,
California
|
+$68.7M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$64.5M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$37.6M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$21.7M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$21.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$28.7M |
| 2 |
EI
Ellevest Inc
New York
|
-$15.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$4.25M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.36M |
| 5 |
SCM
SCS Capital Management
Boston,
Massachusetts
|
-$2.65M |
VTEB Hedge Fund Activity: Q2 2019 in Review
292 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q2 2019, worth a combined $3.47B — up 11% from $3.12B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new VTEB positions and 19 closed out — a net gain of 21 holders — while 123 added to existing stakes and 60 trimmed.
The largest buyer was Wealthfront Advisers, adding an estimated $68.7M. The largest seller was Jane Street, exiting entirely with an estimated $28.7M sold.
- 292 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q2 2019, up from 274 in Q1 2019.
- Funds reported $3.47B of Vanguard Tax-Exempt Bond Index Fund stock for Q2 2019, up 11% quarter-over-quarter.
- 40 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q2 2019 and 19 closed out, a net change of +21 holders.
- The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q2 2019 was Wealthfront Advisers, an estimated $68.7M added.
- The largest Vanguard Tax-Exempt Bond Index Fund seller in Q2 2019 was Jane Street, an estimated $28.7M sold.
Based on aggregated 13F filings for Q2 2019.