Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Vanguard Calif Tax Free Fds (VTEC)

212 + 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
↑ +40
Streak
9Q ▲
Buyers last Q
75%

Smart Money Signals — VTEC

Based on 213 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 9 quarters in a row

last 6Q
For 9 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
213 hedge funds hold VTEC right now — the highest count in 2.5 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 — +173% more funds vs a year ago

fund count last 6Q
+135 new funds entered over the past year (+173% 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 — 75% buying

144 buying48 selling
Last quarter: 144 funds were net buyers (57 opened a brand new position + 87 added to an existing one). Only 48 were sellers (31 trimmed + 17 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+20 vs last Q)

new funds entering per quarter
Funds opening a new VTEC position: 46 → 38 → 37 → 57. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 52% entered in last year

■ 7% conviction (2yr+) ■ 41% medium ■ 52% new
Only 14 funds (7%) 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.
📈

Growing discovery — still being found

29 → 46 → 38 → 37 → 57 new funds/Q
New funds entering each quarter: 46 → 38 → 37 → 57. A growing number of institutions are discovering VTEC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🌱

Early stage — 70% of holders entered in last year

■ 3% veterans ■ 27% 1-2yr ■ 70% new
Of 215 current holders: 150 (70%) entered in the past year, only 6 (3%) 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 — 56% AUM from top-100 funds

56% from top-100 AUM funds
15 of 213 holders are among the 100 largest funds by AUM, controlling 56% 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.
5.7
out of 10
Moderate Exit Risk
Exit risk score 5.7/10 — 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 — VTEC

In 2026 Q2, 144 hedge funds were net buyers of VTEC (57 opened a new position, 87 added to an existing one), while 48 reduced or exited (31 trimmed, 17 sold completely) — a 75% buyer ratio, indicating clear institutional accumulation. This marks 9 consecutive quarters of net institutional buying — a persistent conviction signal. 56% of total institutional value in VTEC is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +40 funds (more new holders than closures). Total institutional holders: 213.

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.

Is It Too Late to Buy Vanguard Calif Tax Free Fds (VTEC) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much VTEC has moved relative to its sector benchmark (SPY) since the 2026 Q3 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End September 30, 2026 · 46d ago
VTEC
+2.8%
SPY
-1.1%

VTEC outperformed SPY by +3.9% since September 30, 2026.

Since 13F Filing Date November 14, 2026 · 1d ago
VTEC
+0.0%
SPY
+0.0%

Since the filing became public, VTEC outperformed SPY by +0.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 2 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
2.3
/ 10
conviction
Hedge Fund Positioning: VTEC
2026 Q3 Stats Unlock in 4 days 212 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 212 173 22.54%
13F Shares 10M 9M 8.02%
Total Value $947M $868M 9.05%
New Positions 56 37 +19
Increased Positions 86 83 +3
Closed Positions 17 9 +8
Reduced Positions 31 18 +13
Total Calls 1 1 -
Total Puts 1 1 -
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: VTEC

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q3)

212 + investors

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

QUARTER:
2026 Q3 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 VTEC holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Manhattan West Asset Management, LLC 4.09% 262,448 $24.7M
2 Entruity Wealth, LLC 2.80% 46,960 $4.4M
3 Ndwm LLC 2.31% 42,742 $4.0M
4 Ballast Rock Private Wealth LLC 2.22% 50,443 $4.8M
5 Bernzott Capital Advisors 1.79% 44,224 $4.2M
6 Tarbox Family Office, Inc. 1.62% 122,331 $11.5M
7 Brio Consultants, LLC 1.49% 137,735 $13.0M
8 DeLarme Wealth Management, Inc. 1.49% 28,017 $2.6M
9 Wrapmanager Inc 1.48% 51,798 $4.9M
10 FF Advisors,LLC 1.42% 41,264 $3.9M
11 Integrity Investment Advisors, LLC 1.37% 36,988 $3.5M
12 Matters Capital LLC 1.03% 15,750 $1.5M
13 Luminvest Wealth Management LLC 0.95% 38,344 $3.6M
14 Eclectic Associates Inc /Adv 0.92% 87,103 $8.2M
15 Slow Capital, Inc. 0.84% 79,325 $7.5M
16 Catalyst Private Wealth, LLC 0.82% 20,900 $2.0M
17 Ariston Services Group 0.78% 14,738 $1.4M
18 Composition Wealth, LLC 0.68% 642,011 $60.5M
19 Bell Investment Advisors, Inc 0.64% 46,610 $4.4M
20 M Wealth Management, LLC 0.59% 8,167 $770K
21 Wedmont Private Capital 0.55% 246,073 $23.1M
22 Sincerus Advisory, LLC 0.52% 8,385 $791K
23 Libra Wealth LLC 0.48% 20,837 $2.0M
24 Navalign, LLC 0.44% 20,298 $1.9M
25 FLC Capital Advisors 0.44% 28,835 $2.7M
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

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Frequently Asked Questions — Vanguard Calif Tax Free Fds (VTEC)

What does the Smart Money Trend signal show for VTEC?

Buying streak — 9 quarters in a row: For 9 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 — 75% buying: Last quarter: 144 funds were net buyers (57 opened a brand new position + 87 added to an existing one). Only 48 were sellers (31 trimmed + 17 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for VTEC holders?

Elite ownership — 56% AUM from top-100 funds: 15 of 213 holders are among the 100 largest funds by AUM, controlling 56% 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 — 52% entered in last year: Only 14 funds (7%) 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.

Is it too late to buy Vanguard Calif Tax Free Fds (VTEC) following the 2026 Q3 hedge fund 13F filings?

As of today, VTEC has moved +0.0% since the 2026 Q3 13F filing date (November 14, 2026), compared to +0.0% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (September 30, 2026), VTEC has gained +2.8% vs -1.1% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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