Vanguard Tax-Exempt Bond Index Fund
VTEB
315 hedge funds and large institutions have $3.92B invested in Vanguard Tax-Exempt Bond Index Fund in 2019 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 142 increasing their positions, 55 reducing their positions, and 18 closing their positions.
158% more repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 55
133% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 18
13% more capital invested
Capital invested by funds: $3.47B → $3.92B (+$452M)
8% more funds holding
Funds holding: 292 → 315 (+23)
8% more funds holding in top 10
Funds holding in top 10: 13 → 14 (+1)
0.09% more ownership
Funds ownership: 66.98% → 67.07% (+0.09%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$139M |
| 2 |
Wealthfront Advisers
Palo Alto,
California
|
+$63.4M |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$44.8M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$27.6M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFPT
Pinnacle Financial Partners (Tennessee)
Nashville,
Tennessee
|
-$3.35M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.61M |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$1.59M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.39M |
| 5 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$1.06M |
VTEB Hedge Fund Activity: Q3 2019 in Review
315 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q3 2019, worth a combined $3.92B — up 13% from $3.47B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new VTEB positions and 18 closed out — a net gain of 24 holders — while 142 added to existing stakes and 55 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $139M. The largest seller was Pinnacle Financial Partners (Tennessee), cutting an estimated $3.35M.
- 315 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q3 2019, up from 292 in Q2 2019.
- Funds reported $3.92B of Vanguard Tax-Exempt Bond Index Fund stock for Q3 2019, up 13% quarter-over-quarter.
- 42 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q3 2019 and 18 closed out, a net change of +24 holders.
- The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q3 2019 was JP Morgan Chase, an estimated $139M added.
- The largest Vanguard Tax-Exempt Bond Index Fund seller in Q3 2019 was Pinnacle Financial Partners (Tennessee), an estimated $3.35M sold.
Based on aggregated 13F filings for Q3 2019.