Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

VANGUARD CALIF TAX FREE FDS (VTEC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +24
Streak
7Q ▲
Buyers last Q
82%

Smart Money Signals — VTEC

Based on 140 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 7 quarters in a row

last 6Q
For 7 consecutive quarters, more hedge funds added VTEC 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
140 hedge funds hold VTEC right now — the highest count in 2.0 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 — +155% more funds vs a year ago

fund count last 6Q
+85 new funds entered over the past year (+155% 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 — 82% buying

100 buying22 selling
Last quarter: 100 funds were net buyers (35 opened a brand new position + 65 added to an existing one). Only 22 were sellers (11 trimmed + 11 sold completely). A clear majority buying is a strong confirmation signal.
⚠️

Fewer new buyers each quarter (-9 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 14 → 29 → 44 → 35. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔄

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.
🚀

Acceleration phase — new buyers rushing in

22 → 14 → 29 → 44 → 35 new funds/Q
New funds entering each quarter: 14 → 29 → 44 → 35. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🌱

Early stage — 76% of holders entered in last year

■ 0% veterans ■ 24% 1-2yr ■ 76% new
Of 140 current holders: 107 (76%) 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.
🏆

Elite ownership — 60% AUM from top-100 funds

60% from top-100 AUM funds
13 of 140 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in VTEC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
6.5
out of 10
Moderate Exit Risk
Exit risk score 6.5/10 — 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.

Hedge Fund Ownership: VTEC

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

Market Analysis: VTEC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: VTEC

-- --

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

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

14 top-rated funds 1 high-conviction
Consensus
5.1
/ 10
breadth
×
Elite
1.5
/ 10
conviction
Hedge Fund Positioning: VTEC
2026 Q1 Stats Unlock in 11 days 140 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 140 116 20.69%
13F Shares 8M 7M 9.43%
Total Value $764M $695M 9.97%
New Positions 35 44 -9
Increased Positions 65 43 +22
Closed Positions 11 4 +7
Reduced Positions 11 13 -2
Total Calls 1 0 100%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: VTEC

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Valuation Measures Data as of: --

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

140 + investors

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

Top 25 institutional holders of VTEC — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Ballast Rock Private Wealth LLC 2.72% 49,652 $4.9M
2 NDWM LLC 2.69% 41,802 $4.1M
3 Shared Vision Wealth Group LLC 2.32% 57,477 $5.7M
4 Pasadena Private Wealth, LLC 1.90% 139,033 $13.8M
5 DeLarme Wealth Management, Inc. 1.65% 25,885 $2.6M
6 BERNZOTT CAPITAL ADVISORS 1.43% 30,215 $3.0M
7 Luminvest Wealth Management LLC 1.18% 45,647 $4.5M
8 Platt Wealth Management LLC 1.17% 12,140 $1K
9 FF Advisors,LLC 0.93% 22,979 $2.3M
10 Composition Wealth, LLC 0.87% 636,348 $63.0M
11 ECLECTIC ASSOCIATES INC /ADV 0.85% 64,475 $6.4M
12 Altiora Financial Group, LLC 0.82% 50,000 $5.0M
13 Ariston Services Group 0.77% — $1.3M
14 Bell Investment Advisors, Inc 0.72% 46,244 $4.6M
15 Brio Consultants, LLC 0.70% 57,691 $5.7M
16 Wedmont Private Capital 0.63% 194,623 $19.4M
17 Integrity Investment Advisors, LLC 0.53% 9,800 $971K
18 CATALYST PRIVATE WEALTH, LLC 0.51% 9,472 $938K
19 Values Added Financial LLC 0.50% 11,991 $1.2M
20 FLC Capital Advisors 0.46% 26,015 $2.6M
21 Argyle Capital Partners, LLC 0.36% 5,000 $495K
22 FINANCIAL MANAGEMENT NETWORK INC 0.35% 22,972 $2.3M
23 Madson Wealth Advisors Inc 0.31% 3,816 $378K
24 Burton Enright Welch 0.27% 19,834 $2.0M
25 Good Harbor Advisors, Inc. 0.26% 2,245 $225K
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 CALIF TAX FREE FDS (VTEC)

What does the Smart Money Trend signal show for VTEC?

Buying streak — 7 quarters in a row: For 7 consecutive quarters, more hedge funds added VTEC 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 VTEC?

More buyers than sellers — 82% buying: Last quarter: 100 funds were net buyers (35 opened a brand new position + 65 added to an existing one). Only 22 were sellers (11 trimmed + 11 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for VTEC holders?

Elite ownership — 60% AUM from top-100 funds: 13 of 140 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in VTEC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held VTEC?

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.