Vanguard Tax-Exempt Bond Index Fund
VTEB
858 hedge funds and large institutions have $18.4B invested in Vanguard Tax-Exempt Bond Index Fund in 2022 Q4 according to their latest regulatory filings, with 204 funds opening new positions, 330 increasing their positions, 266 reducing their positions, and 89 closing their positions.
129% more first-time investments, than exits
New positions opened: 204 | Existing positions closed: 89
46% more capital invested
Capital invested by funds: $12.6B → $18.4B (+$5.83B)
24% more repeat investments, than reductions
Existing positions increased: 330 | Existing positions reduced: 266
13% more funds holding
Funds holding: 759 → 858 (+99)
10% more funds holding in top 10
Funds holding in top 10: 77 → 85 (+8)
0.66% more ownership
Funds ownership: 74.23% → 74.89% (+0.66%)
79% less call options, than puts
Call options by funds: $91K | Put options by funds: $436K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$2.54B |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$446M |
| 3 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
+$219M |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
+$155M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$153M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealthfront Advisers
Palo Alto,
California
|
-$364M |
| 2 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$75.3M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$39.8M |
| 4 |
MA
Mosaic Advisors
Houston,
Texas
|
-$24.3M |
| 5 |
LWA
LWS Wealth Advisors
Basking Ridge,
New Jersey
|
-$22.9M |
VTEB Hedge Fund Activity: Q4 2022 in Review
858 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q4 2022, worth a combined $18.4B — up 46% from $12.6B a quarter earlier.
Buyers outnumbered sellers: 204 funds opened new VTEB positions and 89 closed out — a net gain of 115 holders — while 330 added to existing stakes and 266 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $2.54B. The largest seller was Wealthfront Advisers, cutting an estimated $364M.
- 858 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q4 2022, up from 759 in Q3 2022.
- Funds reported $18.4B of Vanguard Tax-Exempt Bond Index Fund stock for Q4 2022, up 46% quarter-over-quarter.
- 204 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q4 2022 and 89 closed out, a net change of +115 holders.
- The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q4 2022 was JP Morgan Chase, an estimated $2.54B added.
- The largest Vanguard Tax-Exempt Bond Index Fund seller in Q4 2022 was Wealthfront Advisers, an estimated $364M sold.
Based on aggregated 13F filings for Q4 2022.