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Vanguard Intermediate-Term Bond ETF

150 hedge funds and large institutions have $2.09B invested in Vanguard Intermediate-Term Bond ETF in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 41 increasing their positions, 71 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.44% more ownership

Funds ownership: 60.61%61.05% (+0.44%)

11% less funds holding

Funds holding: 168150 (-18)

20% less funds holding in top 10

Funds holding in top 10: 108 (-2)

21% less capital invested

Capital invested by funds: $2.65B → $2.09B (-$553M)

42% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 71

59% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 22

Holders
150
Holders Change
-18
Holders Change %
-10.71%
% of All Funds
4.86%
Holding in Top 10
8
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-20%
% of All Funds
0.26%
New
9
Increased
41
Reduced
71
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$727M -$213M -2,567,513 -23%
AUIM
2
Aegon USA Investment Management
Iowa
$410M -$41.8M -504,786 -9%
Wells Fargo
3
Wells Fargo
California
$292M -$33.9M -409,067 -10%
Morgan Stanley
4
Morgan Stanley
New York
$142M -$16.8M -202,223 -11%
MAA
5
Managed Account Advisors
New Jersey
$41.4M -$13.1M -157,607 -24%
U
6
UBS
Switzerland
$39.9M -$4.42M -53,361 -10%
Jones Financial Companies
7
Jones Financial Companies
Missouri
$37.4M -$2.1M -25,393 -5%
WF
8
Welch & Forbes
Massachusetts
$29.6M -$599K -7,224 -2%
FNBTCON
9
First National Bank & Trust Co of Newtown
Pennsylvania
$29.5M -$934K -11,275 -3%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$28.9M -$4.23M -51,054 -13%
VKH
11
Virtu KCG Holdings
New York
$24.3M +$24.1M +290,879 New
TAIM
12
TD Ameritrade Investment Management
Nebraska
$13.8M -$331K -3,988 -2%
Fifth Third Bancorp
13
Fifth Third Bancorp
Ohio
$11.7M +$823K +9,926 +8%
LPL Financial
14
LPL Financial
California
$11.1M -$1.36M -16,392 -11%
Comerica Bank
15
Comerica Bank
Texas
$11M +$10.9M +131,556 New
SMM
16
Stadion Money Management
Georgia
$9.16M +$634K +7,647 +7%
NIA
17
Northstar Investment Advisors
Colorado
$8.52M -$244K -2,950 -3%
IH
18
IFC Holdings
Florida
$8.23M +$296K +3,569 +4%
NPC
19
National Planning Corporation
California
$7.9M +$388K +4,681 +5%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$7.78M -$2.51M -30,284 -25%
WCWM
21
Wooster Corthell Wealth Management
Connecticut
$7.71M -$7.76M -93,672 -50%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$7.26M -$6.25M -75,405 -46%
Bank of Montreal
23
Bank of Montreal
Ontario, Canada
$6.89M +$163K +1,966 +2%
Citigroup
24
Citigroup
New York
$6.77M -$80.6K -972 -1%
Northwestern Mutual Wealth Management
25
Northwestern Mutual Wealth Management
Wisconsin
$6.74M +$11.8K +142 +0.2%

BIV Hedge Fund Activity: Q3 2013 in Review

150 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Vanguard Intermediate-Term Bond ETF (BIV) for Q3 2013, worth a combined $2.09B — down 21% from $2.65B a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of BIV and 9 opened new positions — a net loss of 13 holders — while 71 trimmed existing stakes and 41 added.

The largest buyer was Comerica Bank, opening a new position worth an estimated $10.9M. The largest seller was Bank of America, cutting an estimated $213M.

  • 150 institutional investors held Vanguard Intermediate-Term Bond ETF (BIV) as of Q3 2013, down from 168 in Q2 2013.
  • Funds reported $2.09B of Vanguard Intermediate-Term Bond ETF stock for Q3 2013, down 21% quarter-over-quarter.
  • 9 funds opened new Vanguard Intermediate-Term Bond ETF positions in Q3 2013 and 22 closed out, a net change of -13 holders.
  • The largest Vanguard Intermediate-Term Bond ETF buyer in Q3 2013 was Comerica Bank, an estimated $10.9M added.
  • The largest Vanguard Intermediate-Term Bond ETF seller in Q3 2013 was Bank of America, an estimated $213M sold.

Based on aggregated 13F filings for Q3 2013.