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Vanguard Tax-Exempt Bond Index Fund

1,310 hedge funds and large institutions have $32.3B invested in Vanguard Tax-Exempt Bond Index Fund in 2025 Q4 according to their latest regulatory filings, with 178 funds opening new positions, 611 increasing their positions, 367 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

586% more call options, than puts

Call options by funds: $45.3M | Put options by funds: $6.61M

158% more first-time investments, than exits

New positions opened: 178 | Existing positions closed: 69

66% more repeat investments, than reductions

Existing positions increased: 611 | Existing positions reduced: 367

11% more capital invested

Capital invested by funds: $28.9B → $32.3B (+$3.31B)

10% more funds holding in top 10

Funds holding in top 10: 7785 (+8)

7% more funds holding

Funds holding: 1,2291,310 (+81)

0.7% less ownership

Funds ownership: 73.3%72.61% (-0.7%)

Holders
1,310
Holders Change
+81
Holders Change %
+6.59%
% of All Funds
15.94%
Holding in Top 10
85
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+10.39%
% of All Funds
1.03%
New
178
Increased
611
Reduced
367
Closed
69
Calls
$45.3M
Puts
$6.61M
Net Calls
+$38.7M
Net Calls Change
+$27.4M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
1
JP Morgan Chase
New York
$5.26B +$275M +5,461,346 +6%
AF
2
Align Financial
Minnesota
$1.92B +$96.7M +1,921,078 New
Northwestern Mutual Wealth Management
3
Northwestern Mutual Wealth Management
Wisconsin
$1.84B +$45.5M +903,850 +3%
Morgan Stanley
4
Morgan Stanley
New York
$1.27B +$109M +2,173,235 +9%
Creative Planning
5
Creative Planning
Kansas
$1.26B -$53.8M -1,068,772 -4%
Raymond James Financial
6
Raymond James Financial
Florida
$1.24B +$121M +2,396,916 +11%
Wealthfront Advisers
7
Wealthfront Advisers
California
$1.21B +$95.1M +1,889,400 +8%
Charles Schwab
8
Charles Schwab
California
$1.16B -$50.5M -1,003,533 -4%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$1.03B +$8.32M +165,415 +0.8%
Northern Trust
10
Northern Trust
Illinois
$772M -$6.53M -129,707 -0.8%
TIAA Trust, National Association
11
TIAA Trust, National Association
North Carolina
$703M -$14.2M -283,186 -2%
SEI Investments
12
SEI Investments
Pennsylvania
$679M -$17.8M -353,702 -3%
Wells Fargo
13
Wells Fargo
California
$678M +$24.8M +492,857 +4%
Bank of America
14
Bank of America
North Carolina
$606M +$67.4M +1,339,839 +13%
Mercer Global Advisors
15
Mercer Global Advisors
Colorado
$514M +$32.1M +637,405 +7%
LPL Financial
16
LPL Financial
California
$459M +$82.4M +1,637,385 +22%
Corient Private Wealth
17
Corient Private Wealth
Florida
$410M +$321M +6,369,671 +359%
Jones Financial Companies
18
Jones Financial Companies
Missouri
$350M +$63M +1,251,278 +22%
Betterment LLC
19
Betterment LLC
New York
$337M +$6.77M +134,551 +2%
Franklin Resources
20
Franklin Resources
California
$315M +$9.48M +188,310 +3%
CCWA
21
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$282M +$11.7M +232,640 +4%
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$234M -$175K -3,485 -0.1%
AL
23
Aspiriant LLC
California
$216M +$9.05M +179,816 +4%
Vanguard Group
24
Vanguard Group
Pennsylvania
$208M +$20M +397,257 +11%
Cerity Partners
25
Cerity Partners
New York
$203M -$8.85M -175,795 -4%