Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Vanguard Mun Bd Fds (VCRM)

151 + Investors. Track Smart Money conviction in VCRM. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +32
Streak
6Q ▲
Buyers last Q
78%

Smart Money Signals — VCRM

Based on 153 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 6 quarters in a row

last 6Q
For 6 consecutive quarters, more hedge funds added VCRM than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
153 hedge funds hold VCRM right now — the highest count in 1.8 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +206% more funds vs a year ago

fund count last 6Q
+103 new funds entered over the past year (+206% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 78% buying

114 buying32 selling
Last quarter: 114 funds were net buyers (41 opened a brand new position + 73 added to an existing one). Only 32 were sellers (23 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+25 vs last Q)

new funds entering per quarter
Funds opening a new VCRM position: 28 → 47 → 16 → 41. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 59% entered in last year

■ 0% conviction (2yr+) ■ 41% medium ■ 59% new
Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
📊

Peak discovery — momentum slowing

28 → 28 → 47 → 16 → 41 new funds/Q
New funds entering each quarter: 28 → 47 → 16 → 41. VCRM is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🌱

Early stage — 88% of holders entered in last year

■ 0% veterans ■ 12% 1-2yr ■ 88% new
Of 153 current holders: 134 (88%) entered in the past year, only 0 (0%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
📋

Smaller funds dominant — 6% AUM from top-100

6% from top-100 AUM funds
11 of 153 holders rank in the top 100 by AUM, but together hold only 6% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
5.9
out of 10
Moderate Exit Risk
Exit risk score 5.9/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — VCRM

In 2026 Q2, 114 hedge funds were net buyers of VCRM (41 opened a new position, 73 added to an existing one), while 32 reduced or exited (23 trimmed, 9 sold completely) — a 78% buyer ratio, indicating clear institutional accumulation. This marks 6 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +32 funds (more new holders than closures). Total institutional holders: 153.

Hedge Fund Ownership: VCRM

How many hedge funds hold VCRM — quarterly history vs. share price
Quarterly hedge fund ownership of VCRM vs. share price

Market Analysis: VCRM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: VCRM

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 13 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
3.5
/ 10
conviction
Hedge Fund Positioning: VCRM
151 + Investors

Track Smart Money conviction in VCRM. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 151 121 24.79%
13F Shares 13M 10M 26.75%
Total Value $958M $745M 28.47%
New Positions 40 16 +24
Increased Positions 72 69 +3
Closed Positions 10 11 -1
Reduced Positions 23 19 +4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: VCRM

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Institutional Holders (2026 Q2)

151 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in VCRM. Verified SEC 13F-HR filings.

QUARTER:
Top 25 VCRM holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Elite Life Management LLC 17.02% 193,761 $14.5M
2 Mills Wealth Advisors LLC 10.85% 450,834 $34.4M
3 Verum Partners LLC 9.61% 841,112 $64.3M
4 Mallini Complete Financial Planning LLC 7.18% 131,776 $10.1M
5 Topsail Wealth Management, LLC 6.00% 615,176 $47.0M
6 HBK Sorce Advisory LLC 5.19% 3,651,728 $273.9M
7 Mb, Levis & Associates, LLC 5.15% 182,879 $14.0M
8 Keystone Financial Group, Inc. 4.37% 109,104 $8.3M
9 Alaethes Wealth, LLC 3.56% 160,419 $12.3M
10 Timmons Wealth Management, LLC 3.49% 62,499 $4.8M
11 Penney Financial, LLC 3.03% 113,444 $8.7M
12 Eq Wealth Advisors, LLC 2.75% 65,564 $5.0M
13 Quantum Financial Partners LLC 2.46% 63,060 $4.8M
14 San Luis Wealth Advisors LLC 2.46% 214,094 $16.4M
15 TAGStone Capital, Inc. 2.32% 95,674 $7.3M
16 Balanced Rock Investment Advisors LLC 2.31% 48,515 $3.7M
17 Physician Wealth Solutions Inc. 2.16% 74,716 $5.7M
18 Aprio Wealth Management, LLC 2.16% 571,707 $43.7M
19 Gutierrez Wealth Advisory, LLC 2.15% 48,718 $3.7M
20 Tradewinds Capital Management, LLC 2.09% 153,988 $11.8M
21 Nwm Advisors, LLC 1.84% 30,615 $2.3M
22 Tilson Financial Group, Inc. 1.84% 87,581 $6.7M
23 Karpus Management, Inc. 1.35% 613,630 $46.9M
24 S.A. Mason LLC 1.24% 52,780 $4.0M
25 Lynch Investment Planning, LLC 1.03% 17,593 $1.3M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Vanguard Mun Bd Fds (VCRM)

What does the Smart Money Trend signal show for VCRM?

Buying streak — 6 quarters in a row: For 6 consecutive quarters, more hedge funds added VCRM than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for VCRM?

More buyers than sellers — 78% buying: Last quarter: 114 funds were net buyers (41 opened a brand new position + 73 added to an existing one). Only 32 were sellers (23 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for VCRM holders?

Smaller funds dominant — 6% AUM from top-100: 11 of 153 holders rank in the top 100 by AUM, but together hold only 6% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held VCRM?

Mostly new holders — 59% entered in last year: Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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