Vanguard Tax-Exempt Bond Index Fund
VTEB
458 hedge funds and large institutions have $5.85B invested in Vanguard Tax-Exempt Bond Index Fund in 2020 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 223 increasing their positions, 97 reducing their positions, and 31 closing their positions.
130% more repeat investments, than reductions
Existing positions increased: 223 | Existing positions reduced: 97
100% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 31
11% more capital invested
Capital invested by funds: $5.24B → $5.85B (+$603M)
6% more funds holding
Funds holding: 431 → 458 (+27)
1.43% less ownership
Funds ownership: 67.53% → 66.1% (-1.4%)
6% less funds holding in top 10
Funds holding in top 10: 31 → 29 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.25M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealthfront Advisers
Palo Alto,
California
|
+$98.9M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$60.1M |
| 3 |
SCM
SCS Capital Management
Boston,
Massachusetts
|
+$47M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$41.4M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$22.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Garde Capital
Seattle,
Washington
|
-$25.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$18.6M |
| 3 |
Renaissance Technologies
New York
|
-$13M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12.6M |
| 5 |
Bank of New York Mellon
New York
|
-$9.38M |
VTEB Hedge Fund Activity: Q3 2020 in Review
458 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q3 2020, worth a combined $5.85B — up 11% from $5.24B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new VTEB positions and 31 closed out — a net gain of 31 holders — while 223 added to existing stakes and 97 trimmed.
The largest buyer was Wealthfront Advisers, adding an estimated $98.9M. The largest seller was Garde Capital, exiting entirely with an estimated $25.4M sold.
- 458 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q3 2020, up from 431 in Q2 2020.
- Funds reported $5.85B of Vanguard Tax-Exempt Bond Index Fund stock for Q3 2020, up 11% quarter-over-quarter.
- 62 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q3 2020 and 31 closed out, a net change of +31 holders.
- The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q3 2020 was Wealthfront Advisers, an estimated $98.9M added.
- The largest Vanguard Tax-Exempt Bond Index Fund seller in Q3 2020 was Garde Capital, an estimated $25.4M sold.
Based on aggregated 13F filings for Q3 2020.