Vanguard Tax-Exempt Bond Index Fund
VTEB
921 hedge funds and large institutions have $20.8B invested in Vanguard Tax-Exempt Bond Index Fund in 2023 Q3 according to their latest regulatory filings, with 101 funds opening new positions, 407 increasing their positions, 288 reducing their positions, and 61 closing their positions.
66% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 61
41% more repeat investments, than reductions
Existing positions increased: 407 | Existing positions reduced: 288
3% more funds holding
Funds holding: 891 → 921 (+30)
1.91% more ownership
Funds ownership: 75.58% → 77.49% (+1.9%)
1% less capital invested
Capital invested by funds: $21B → $20.8B (-$214M)
5% less funds holding in top 10
Funds holding in top 10: 83 → 79 (-4)
59% less call options, than puts
Call options by funds: $1.04M | Put options by funds: $2.54M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$562M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$211M |
| 3 |
Members Trust
Tampa,
Florida
|
+$95.9M |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$86.3M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
+$78.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealthfront Advisers
Palo Alto,
California
|
-$603M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$397M |
| 3 |
SCM
SCS Capital Management
Boston,
Massachusetts
|
-$69.2M |
| 4 |
Barclays
London,
United Kingdom
|
-$49.9M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$35.8M |
VTEB Hedge Fund Activity: Q3 2023 in Review
921 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q3 2023, worth a combined $20.8B — down 1% from $21B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new VTEB positions and 61 closed out — a net gain of 40 holders — while 407 added to existing stakes and 288 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $562M. The largest seller was Wealthfront Advisers, cutting an estimated $603M.
- 921 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q3 2023, up from 891 in Q2 2023.
- Funds reported $20.8B of Vanguard Tax-Exempt Bond Index Fund stock for Q3 2023, down 1% quarter-over-quarter.
- 101 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q3 2023 and 61 closed out, a net change of +40 holders.
- The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q3 2023 was JP Morgan Chase, an estimated $562M added.
- The largest Vanguard Tax-Exempt Bond Index Fund seller in Q3 2023 was Wealthfront Advisers, an estimated $603M sold.
Based on aggregated 13F filings for Q3 2023.