Vanguard California Tax-Exempt Bond ETF
VTEC
146 hedge funds and large institutions have $774M invested in Vanguard California Tax-Exempt Bond ETF in 2025 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 70 increasing their positions, 10 reducing their positions, and 12 closing their positions.
600% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 10
200% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 12
20% more funds holding
Funds holding: 122 → 146 (+24)
11% more capital invested
Capital invested by funds: $698M → $774M (+$75.5M)
3.64% less ownership
Funds ownership: 54.16% → 50.52% (-3.6%)
Top Buyers
| 1 |
Jane Street
New York
|
+$13.9M |
| 2 |
EW
Evoke Wealth
Los Angeles,
California
|
+$6.28M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$6.1M |
| 4 |
Corient Private Wealth
Miami,
Florida
|
+$5.8M |
| 5 |
AFG
Altiora Financial Group
Lebanon,
Ohio
|
+$5.01M |
Top Sellers
| 1 |
Charles Schwab
San Francisco,
California
|
-$15.6M |
| 2 |
Goldman Sachs
New York
|
-$2.93M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$1.48M |
| 4 |
EC
Elequin Capital
New York
|
-$1.23M |
| 5 |
HWP
Highline Wealth Partners
Sherman Oaks,
California
|
-$904K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IWC
151
Integrated Wealth Concepts
Waltham,
Massachusetts
| – | -$457K | -4,581 | Closed |
|
152
Financial Engines Advisors
Santa Clara,
California
| – | -$367K | -3,674 | Closed |
|
|
HF
153
HRT Financial
New York
| – | -$294K | -2,955 | Closed |
|
|
HAS
154
HBW Advisory Services
Simi Valley,
California
| – | -$229K | -2,293 | Closed |
|
|
WCG
155
Weaver Consulting Group
Huntington Beach,
California
| – | -$225K | -2,255 | Closed |
|
|
BTI
156
Blue Trust Inc
Alpharetta,
Georgia
| – | -$221K | -2,214 | Closed |
|
|
ASN
157
Advisory Services Network
Atlanta,
Georgia
| – | -$40.9K | -410 | Closed |
|
|
PS
158
Principal Securities
Des Moines,
Iowa
| – | -$7.88K | -79 | Closed |
|
VTEC Hedge Fund Activity: Q4 2025 in Review
146 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Vanguard California Tax-Exempt Bond ETF (VTEC) for Q4 2025, worth a combined $774M — up 11% from $698M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new VTEC positions and 12 closed out — a net gain of 24 holders — while 70 added to existing stakes and 10 trimmed.
The largest buyer was Jane Street, adding an estimated $13.9M. The largest seller was Charles Schwab, cutting an estimated $15.6M.
- 146 institutional investors held Vanguard California Tax-Exempt Bond ETF (VTEC) as of Q4 2025, up from 122 in Q3 2025.
- Funds reported $774M of Vanguard California Tax-Exempt Bond ETF stock for Q4 2025, up 11% quarter-over-quarter.
- 36 funds opened new Vanguard California Tax-Exempt Bond ETF positions in Q4 2025 and 12 closed out, a net change of +24 holders.
- The largest Vanguard California Tax-Exempt Bond ETF buyer in Q4 2025 was Jane Street, an estimated $13.9M added.
- The largest Vanguard California Tax-Exempt Bond ETF seller in Q4 2025 was Charles Schwab, an estimated $15.6M sold.
Based on aggregated 13F filings for Q4 2025.