Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

VANGUARD MUN BD FDS (VCRM)

110 + 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
↑ +40
Streak
4Q ▲
Buyers last Q
85%

Smart Money Signals — VCRM

Based on 110 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 4Q
For 4 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
110 hedge funds hold VCRM right now — the highest count in 1.2 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 — +1275% more funds vs a year ago

fund count last 5Q
+102 new funds entered over the past year (+1275% 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. The peak was reached in just 4 quarters from the low — a sharp move.
🟢

More buyers than sellers — 85% buying

92 buying16 selling
Last quarter: 92 funds were net buyers (46 opened a brand new position + 46 added to an existing one). Only 16 were sellers (10 trimmed + 6 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 VCRM position: 16 → 27 → 26 → 46. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 83% entered in last year

■ 0% conviction (2yr+) ■ 17% medium ■ 83% 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

16 → 27 → 26 → 46 new funds/Q
New funds entering each quarter: 16 → 27 → 26 → 46. 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 — 100% of holders entered in last year

■ 0% veterans ■ 0% 1-2yr ■ 100% new
Of 110 current holders: 110 (100%) 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 — 5% AUM from top-100

5% from top-100 AUM funds
9 of 110 holders rank in the top 100 by AUM, but together hold only 5% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
7.1
out of 10
High Exit Risk
Exit risk score 7.1/10 — multiple crowding signals converge. Institutional ownership is at 100% of its all-time high — near peak crowding. Crowded trades can unwind fast — a single catalyst can trigger a cascade.

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: 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

-- --

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.

9 top-rated funds 7 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
3.4
/ 10
conviction
Hedge Fund Positioning: VCRM
2026 Q1 Stats Unlock in 11 days 110 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 110 70 57.14%
13F Shares 5M 4M 37.59%
Total Value $390M $281M 38.45%
New Positions 46 26 +20
Increased Positions 46 31 +15
Closed Positions 6 2 +4
Reduced Positions 10 7 +3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: VCRM

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
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Institutional Holders (2026 Q1)

110 + investors

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

Top 25 institutional holders of VCRM — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Mills Wealth Advisors LLC 10.48% 399,237 $30.0M
2 Verum Partners LLC 8.60% 602,359 $45.3M
3 MB, LEVIS & ASSOCIATES, LLC 5.70% 181,877 $13.7M
4 Topsail Wealth Management, LLC 4.26% 384,157 $28.9M
5 San Luis Wealth Advisors LLC 2.87% 230,441 $17.3M
6 Gutierrez Wealth Advisory, LLC 2.51% 53,822 $4.0M
7 EQ WEALTH ADVISORS, LLC 2.34% 53,147 $4.0M
8 Keystone Financial Group, Inc. 2.33% 59,661 $4.5M
9 Physician Wealth Solutions Inc. 2.21% 71,095 $5.3M
10 Opus Capital Group, LLC 2.02% 249,876 $19K
11 Tilson Financial Group, Inc. 1.66% 73,771 $5.5M
12 S.A. Mason LLC 1.44% 50,980 $3.8M
13 CGN Advisors LLC 1.02% 172,279 $12.9M
14 Physician Wealth Advisors, Inc. 0.91% 87,225 $6.6M
15 Blume Capital Management, Inc. 0.90% 70,650 $5.3M
16 TFO Wealth Partners, LLC 0.84% 82,559 $6.2M
17 Confluence Wealth Services, Inc. 0.79% 269,435 $20.2M
18 Sunpointe, LLC 0.74% 29,917 $2.2M
19 Traub Capital Management LLC 0.69% 9,198 $691K
20 Verus Financial Partners, Inc. 0.66% 97,483 $7.4M
21 Oak Wealth Advisors LLC 0.65% 15,728 $1.2M
22 ACTION POINT FINANCIAL PLANNING, LLC 0.51% 7,638 $574K
23 Kelman-Lazarov, Inc. 0.49% 45,400 $3.4M
24 D'Orazio & Associates, Inc. 0.49% 49,951 $3.8M
25 Sprinkle Financial Consultants LLC 0.46% 13,271 $997K
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 — 4 quarters in a row: For 4 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 — 85% buying: Last quarter: 92 funds were net buyers (46 opened a brand new position + 46 added to an existing one). Only 16 were sellers (10 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for VCRM holders?

Smaller funds dominant — 5% AUM from top-100: 9 of 110 holders rank in the top 100 by AUM, but together hold only 5% 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 — 83% 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.