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Vanguard Tax-Exempt Bond Index Fund

578 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.

New
Increased
Maintained
Reduced
Closed

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: 542578 (+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: 3835 (-3)

Holders
578
Holders Change
+36
Holders Change %
+6.64%
% of All Funds
10.15%
Holding in Top 10
35
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-7.89%
% of All Funds
0.61%
New
63
Increased
295
Reduced
123
Closed
24
Calls
$350K
Puts
Net Calls
+$350K
Net Calls Change
+$350K
Name Holding Trade Value Shares
Change
Change in
Stake
Wealthfront Advisers
1
Wealthfront Advisers
California
$1.52B +$247M +4,490,446 +19%
CSIA
2
Charles Schwab Investment Advisory
California
$747M +$117M +2,128,813 +18%
SCM
3
SCS Capital Management
Massachusetts
$570M +$35.3M +642,745 +7%
Northwestern Mutual Wealth Management
4
Northwestern Mutual Wealth Management
Wisconsin
$543M +$75.8M +1,380,350 +16%
RJA
5
Raymond James & Associates
Florida
$397M +$43M +781,744 +12%
Morgan Stanley
6
Morgan Stanley
New York
$324M +$46.8M +852,641 +17%
Creative Planning
7
Creative Planning
Kansas
$303M +$80.7M +1,469,421 +36%
JP Morgan Chase
8
JP Morgan Chase
New York
$291M -$11.9M -216,370 -4%
UBS Group
9
UBS Group
Switzerland
$190M +$38.5M +699,860 +25%
Wells Fargo
10
Wells Fargo
California
$172M +$28M +508,750 +19%
Bank of America
11
Bank of America
North Carolina
$120M +$6.39M +116,332 +6%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$104M +$26.3M +478,255 +34%
Vanguard Group
13
Vanguard Group
Pennsylvania
$95.9M +$5.06M +92,138 +6%
SEI Investments
14
SEI Investments
Pennsylvania
$81.6M
Jane Street
15
Jane Street
New York
$79.7M +$80.2M +1,458,958 New
ACA
16
Ackerman Capital Advisors
Texas
$76.4M -$958K -17,429 -1%
Ameriprise
17
Ameriprise
Minnesota
$66.1M +$2.65M +48,236 +4%
US Bancorp
18
US Bancorp
Minnesota
$64.6M +$12M +218,808 +23%
RWP
19
RWA Wealth Partners
Massachusetts
$62.2M +$7.78M +141,601 +14%
CCWA
20
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$56.6M +$19.4M +353,007 +52%
Jones Financial Companies
21
Jones Financial Companies
Missouri
$55.7M +$6.5M +118,240 +13%
RJFSA
22
Raymond James Financial Services Advisors
Florida
$55.4M -$281K -5,123 -0.5%
PNC Financial Services Group
23
PNC Financial Services Group
Pennsylvania
$49.9M +$2.18M +39,631 +5%
LPL Financial
24
LPL Financial
California
$46.6M +$6.72M +122,229 +17%
SBL
25
Sargent Bickham Lagudis
Colorado
$44M +$3.17M +57,681 +8%

VTEB Hedge Fund Activity: Q1 2021 in Review

578 of the 5,695 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.

  • 578 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q1 2021, up from 542 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.