Vanguard Tax-Exempt Bond Index Fund
VTEB
579 hedge funds and large institutions have $7.75B invested in Vanguard Tax-Exempt Bond Index Fund in 2021 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 295 increasing their positions, 123 reducing their positions, and 24 closing their positions.
163% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 24
140% more repeat investments, than reductions
Existing positions increased: 295 | Existing positions reduced: 123
14% more capital invested
Capital invested by funds: $6.8B → $7.75B (+$955M)
7% more funds holding
Funds holding: 543 → 579 (+36)
0.98% more ownership
Funds ownership: 67.22% → 68.19% (+0.98%)
8% less funds holding in top 10
Funds holding in top 10: 38 → 35 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealthfront Advisers
Palo Alto,
California
|
+$247M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$117M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$80.7M |
| 4 |
Jane Street
New York
|
+$80.2M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$75.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$11.9M |
| 2 |
CIA
Compass Ion Advisors
Conshohocken,
Pennsylvania
|
-$11.2M |
| 3 |
Renaissance Technologies
New York
|
-$9.74M |
| 4 |
LWA
LWS Wealth Advisors
Basking Ridge,
New Jersey
|
-$8.96M |
| 5 |
RH
RFG Holdings
Argyle,
Texas
|
-$8.88M |
VTEB Hedge Fund Activity: Q1 2021 in Review
579 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q1 2021, worth a combined $7.75B — up 14% from $6.8B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new VTEB positions and 24 closed out — a net gain of 39 holders — while 295 added to existing stakes and 123 trimmed.
The largest buyer was Wealthfront Advisers, adding an estimated $247M. The largest seller was JP Morgan Chase, cutting an estimated $11.9M.
- 579 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q1 2021, up from 543 in Q4 2020.
- Funds reported $7.75B of Vanguard Tax-Exempt Bond Index Fund stock for Q1 2021, up 14% quarter-over-quarter.
- 63 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q1 2021 and 24 closed out, a net change of +39 holders.
- The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q1 2021 was Wealthfront Advisers, an estimated $247M added.
- The largest Vanguard Tax-Exempt Bond Index Fund seller in Q1 2021 was JP Morgan Chase, an estimated $11.9M sold.
Based on aggregated 13F filings for Q1 2021.