Vanguard Intermediate-Term Bond ETF
158 hedge funds and large institutions have $1.73B invested in Vanguard Intermediate-Term Bond ETF in 2014 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 49 increasing their positions, 59 reducing their positions, and 17 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
2% less funds holding
Funds holding: 161 → 158 (-3)
4.9% less ownership
Funds ownership: 61.87% → 56.98% (-4.9%)
17% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 59
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
18% less capital invested
Capital invested by funds: $2.11B → $1.73B (-$376M)
51% less call options, than puts
Call options by funds: $283K | Put options by funds: $583K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$31.5M |
| 2 |
FAAM
First Allied Asset Management
San Diego,
California
|
+$12.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$10.6M |
| 4 |
Morgan Stanley
New York
|
+$8.66M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$7.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
-$424M |
| 2 |
Jane Street
New York
|
-$28.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$14.2M |
| 4 |
DS
DRW Securities
Chicago,
Illinois
|
-$12.8M |
| 5 |
WF
Welch & Forbes
Boston,
Massachusetts
|
-$10.5M |
BIV Hedge Fund Activity: Q1 2014 in Review
158 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Vanguard Intermediate-Term Bond ETF (BIV) for Q1 2014, worth a combined $1.73B — down 18% from $2.11B a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of BIV and 14 opened new positions — a net loss of 3 holders — while 59 trimmed existing stakes and 49 added.
The largest buyer was Managed Account Advisors, adding an estimated $31.5M. The largest seller was Aegon USA Investment Management, cutting an estimated $424M.
- 158 institutional investors held Vanguard Intermediate-Term Bond ETF (BIV) as of Q1 2014, down from 161 in Q4 2013.
- Funds reported $1.73B of Vanguard Intermediate-Term Bond ETF stock for Q1 2014, down 18% quarter-over-quarter.
- 14 funds opened new Vanguard Intermediate-Term Bond ETF positions in Q1 2014 and 17 closed out, a net change of -3 holders.
- The largest Vanguard Intermediate-Term Bond ETF buyer in Q1 2014 was Managed Account Advisors, an estimated $31.5M added.
- The largest Vanguard Intermediate-Term Bond ETF seller in Q1 2014 was Aegon USA Investment Management, an estimated $424M sold.
Based on aggregated 13F filings for Q1 2014.