Vanguard California Tax-Exempt Bond ETF
VTEC
176 hedge funds and large institutions have $873M invested in Vanguard California Tax-Exempt Bond ETF in 2026 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 84 increasing their positions, 20 reducing their positions, and 7 closing their positions.
414% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 7
320% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 20
19% more funds holding
Funds holding: 148 → 176 (+28)
13% more capital invested
Capital invested by funds: $770M → $873M (+$103M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9.18% less ownership
Funds ownership: 50.26% → 41.08% (-9.2%)
65% less call options, than puts
Call options by funds: $585K | Put options by funds: $1.66M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$36M |
| 2 |
PPW
Pasadena Private Wealth
Pasadena,
California
|
+$14M |
| 3 |
LPL Financial
San Diego,
California
|
+$8.26M |
| 4 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$6.96M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$6.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$20.1M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$5.06M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$2.08M |
| 4 |
DAS
Diversify Advisory Services
Sandy,
Utah
|
-$2M |
| 5 |
ASG
Ariston Services Group
San Diego,
California
|
-$979K |
VTEC Hedge Fund Activity: Q1 2026 in Review
176 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in Vanguard California Tax-Exempt Bond ETF (VTEC) for Q1 2026, worth a combined $873M — up 13% from $770M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new VTEC positions and 7 closed out — a net gain of 29 holders — while 84 added to existing stakes and 20 trimmed.
The largest buyer was Charles Schwab, adding an estimated $36M. The largest seller was Jane Street, cutting an estimated $20.1M.
- 176 institutional investors held Vanguard California Tax-Exempt Bond ETF (VTEC) as of Q1 2026, up from 148 in Q4 2025.
- Funds reported $873M of Vanguard California Tax-Exempt Bond ETF stock for Q1 2026, up 13% quarter-over-quarter.
- 36 funds opened new Vanguard California Tax-Exempt Bond ETF positions in Q1 2026 and 7 closed out, a net change of +29 holders.
- The largest Vanguard California Tax-Exempt Bond ETF buyer in Q1 2026 was Charles Schwab, an estimated $36M added.
- The largest Vanguard California Tax-Exempt Bond ETF seller in Q1 2026 was Jane Street, an estimated $20.1M sold.
Based on aggregated 13F filings for Q1 2026.