Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Vanguard Mun Bd Fds (VTEI)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +22
Streak
10Q ▲
Buyers last Q
71%

Smart Money Signals — VTEI

Based on 174 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 10 quarters in a row

last 6Q
For 10 consecutive quarters, more hedge funds added VTEI 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
174 hedge funds hold VTEI right now — the highest count in 2.8 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 — +100% more funds vs a year ago

fund count last 6Q
+87 new funds entered over the past year (+100% 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 — 71% buying

114 buying47 selling
Last quarter: 114 funds were net buyers (33 opened a brand new position + 81 added to an existing one). Only 47 were sellers (36 trimmed + 11 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+6 vs last Q)

new funds entering per quarter
Funds opening a new VTEI position: 33 → 42 → 27 → 33. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 45% entered in last year

7% conviction (2yr+) 48% medium 45% new
Only 12 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.
📊

Peak discovery — momentum slowing

20 → 33 → 42 → 27 → 33 new funds/Q
New funds entering each quarter: 33 → 42 → 27 → 33. VTEI 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 — 63% of holders entered in last year

3% veterans 34% 1-2yr 63% new
Of 174 current holders: 109 (63%) entered in the past year, only 5 (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.
📋

Smaller funds dominant — 11% AUM from top-100

11% from top-100 AUM funds
12 of 174 holders rank in the top 100 by AUM, but together hold only 11% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
5.0
out of 10
Moderate Exit Risk
Exit risk score 5.0/10 — 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 — VTEI

In 2026 Q2, 114 hedge funds were net buyers of VTEI (33 opened a new position, 81 added to an existing one), while 47 reduced or exited (36 trimmed, 11 sold completely) — a 71% buyer ratio, indicating clear institutional accumulation. This marks 10 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +22 funds (more new holders than closures). Total institutional holders: 174.

Hedge Fund Ownership: VTEI

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

Market Analysis: VTEI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: VTEI

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

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 1 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: VTEI
174 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 174 152 14.47%
13F Shares 8M 7M 8.87%
Total Value $795M $724M 9.89%
New Positions 33 27 +6
Increased Positions 81 86 -5
Closed Positions 11 16 -5
Reduced Positions 36 17 +19
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: VTEI

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Institutional Holders (2026 Q2)

174 + investors

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

QUARTER:
Top 25 VTEI holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Unison Advisors LLC 16.80% 2,386,124 $240.9M
2 Hall Capital Management Co Inc 4.62% 146,836 $14.8M
3 Keyvantage Wealth, LLC 3.61% 94,424 $9.5M
4 Seed Wealth Management, Inc. 3.15% 49,335 $5.0M
5 Aspire Private Capital, LLC 2.86% 137,153 $13.8M
6 S.A. Mason LLC 1.97% 63,407 $6.4M
7 Seeds Investor LLC 1.70% 163,498 $16.5M
8 Hassell Wealth Management, LLC 1.63% 52,922 $5.3M
9 Integrity Wealth Solutions LLC 0.90% 24,004 $2.4M
10 Oak Wealth Advisors LLC 0.83% 17,194 $1.7M
11 Joel Isaacson & Co., LLC 0.70% 240,333 $24.3M
12 Ferguson Wellman Capital Management, Inc 0.69% 561,581 $56.7M
13 Stephen J. Garry & Associates, LLC 0.69% 9,325 $942K
14 Stone Loft Wealth Management LLC 0.66% 11,599 $1.2M
15 Heartwood Wealth Advisors LLC 0.64% 81,425 $8.2M
16 First Financial Bank - Trust Division 0.63% 87,055 $8.8M
17 Signal Tree Financial Partners LLC 0.61% 9,189 $928K
18 Timonier Family Office, LTD. 0.59% 20,803 $2.1M
19 Sheridan Capital Management, LLC 0.58% 12,025 $1.2M
20 Avantax Planning Partners, Inc. 0.47% 187,307 $18.9M
21 WealthSpring Partners, LLC 0.46% 5,282 $533K
22 Genesis Private Wealth, LLC 0.45% 15,812 $1.6M
23 Freedom Investment Management, Inc. 0.40% 14,309 $1.4M
24 Sprinkle Financial Consultants LLC 0.40% 10,103 $1.0M
25 Midwest Financial Network, LLC 0.39% 5,598 $565K
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 (VTEI)

What does the Smart Money Trend signal show for VTEI?

Buying streak — 10 quarters in a row: For 10 consecutive quarters, more hedge funds added VTEI 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 VTEI?

More buyers than sellers — 71% buying: Last quarter: 114 funds were net buyers (33 opened a brand new position + 81 added to an existing one). Only 47 were sellers (36 trimmed + 11 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for VTEI holders?

Smaller funds dominant — 11% AUM from top-100: 12 of 174 holders rank in the top 100 by AUM, but together hold only 11% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held VTEI?

Mostly new holders — 45% entered in last year: Only 12 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.

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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