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Vanguard Tax-Exempt Bond Index Fund

891 hedge funds and large institutions have $21B invested in Vanguard Tax-Exempt Bond Index Fund in 2023 Q2 according to their latest regulatory filings, with 77 funds opening new positions, 388 increasing their positions, 303 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 56

28% more repeat investments, than reductions

Existing positions increased: 388 | Existing positions reduced: 303

6% more capital invested

Capital invested by funds: $19.9B → $21B (+$1.11B)

2% more funds holding

Funds holding: 876891 (+15)

0% more funds holding in top 10

Funds holding in top 10: 8383 (0)

0.86% less ownership

Funds ownership: 76.44%75.58% (-0.86%)

7% less call options, than puts

Call options by funds: $1.82M | Put options by funds: $1.96M

Holders
891
Holders Change
+15
Holders Change %
+1.71%
% of All Funds
13.99%
Holding in Top 10
83
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
1.3%
New
77
Increased
388
Reduced
303
Closed
56
Calls
$1.82M
Puts
$1.96M
Net Calls
-$141K
Net Calls Change
+$69K
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
1
JP Morgan Chase
New York
$3B +$84M +1,671,150 +3%
CSIA
2
Charles Schwab Investment Advisory
California
$1.77B +$25.6M +509,600 +1%
Wealthfront Advisers
3
Wealthfront Advisers
California
$1.59B +$300M +5,970,904 +23%
Northwestern Mutual Wealth Management
4
Northwestern Mutual Wealth Management
Wisconsin
$1.32B +$113M +2,240,699 +9%
Creative Planning
5
Creative Planning
Kansas
$992M -$10.1M -201,003 -1%
RJA
6
Raymond James & Associates
Florida
$830M +$47.2M +939,417 +6%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$704M +$151M +3,003,668 +27%
Morgan Stanley
8
Morgan Stanley
New York
$567M +$29.3M +583,579 +5%
Northern Trust
9
Northern Trust
Illinois
$505M +$20.1M +400,180 +4%
OWM
10
Orgel Wealth Management
Wisconsin
$472M +$86.5M +1,720,648 +22%
UBS Group
11
UBS Group
Switzerland
$384M +$6.62M +131,769 +2%
SEI Investments
12
SEI Investments
Pennsylvania
$384M -$19.8M -394,454 -5%
RWP
13
RWA Wealth Partners
Massachusetts
$361M +$10.6M +211,653 +3%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$360M +$53.2M +1,058,329 +17%
Bank of America
15
Bank of America
North Carolina
$306M +$9.5M +189,079 +3%
TF
16
TIAA FSB
Florida
$304M +$20.5M +408,323 +7%
Wells Fargo
17
Wells Fargo
California
$297M -$10.3M -205,654 -3%
SCM
18
SCS Capital Management
Massachusetts
$246M -$34.2M -680,293 -12%
Corient Private Wealth
19
Corient Private Wealth
Florida
$229M +$77.8K +1,548 +0%
AL
20
Aspiriant LLC
California
$198M -$3.58M -71,225 -2%
Mercer Global Advisors
21
Mercer Global Advisors
Colorado
$190M +$37.5M +747,137 +25%
Franklin Resources
22
Franklin Resources
California
$177M -$10.6M -210,866 -6%
US Bancorp
23
US Bancorp
Minnesota
$150M +$5.75M +114,433 +4%
CCWA
24
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$126M +$8.9M +177,083 +8%
Mariner
25
Mariner
Kansas
$124M +$10.8M +214,052 +10%

VTEB Hedge Fund Activity: Q2 2023 in Review

891 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q2 2023, worth a combined $21B — up 5.6% from $19.9B a quarter earlier.

Buyers outnumbered sellers: 77 funds opened new VTEB positions and 56 closed out — a net gain of 21 holders — while 388 added to existing stakes and 303 trimmed.

The largest buyer was Wealthfront Advisers, adding an estimated $300M. The largest seller was Summit Wealth Group, cutting an estimated $101M.

  • 891 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q2 2023, up from 876 in Q1 2023.
  • Funds reported $21B of Vanguard Tax-Exempt Bond Index Fund stock for Q2 2023, up 5.6% quarter-over-quarter.
  • 77 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q2 2023 and 56 closed out, a net change of +21 holders.
  • The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q2 2023 was Wealthfront Advisers, an estimated $300M added.
  • The largest Vanguard Tax-Exempt Bond Index Fund seller in Q2 2023 was Summit Wealth Group, an estimated $101M sold.

Based on aggregated 13F filings for Q2 2023.