Vanguard Intermediate-Term Bond ETF
174 hedge funds and large institutions have $2.63B invested in Vanguard Intermediate-Term Bond ETF in 2014 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 73 increasing their positions, 42 reducing their positions, and 10 closing their positions.
74% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 42
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
9% more capital invested
Capital invested by funds: $2.4B → $2.63B (+$226M)
4% more funds holding
Funds holding: 168 → 174 (+6)
1.13% more ownership
Funds ownership: 63.12% → 64.25% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$181M |
| 2 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
+$57.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$14M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$7.96M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$46.9M |
| 2 |
Morgan Stanley
New York
|
-$7.95M |
| 3 |
FAAM
First Allied Asset Management
San Diego,
California
|
-$7.19M |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$3.31M |
| 5 |
Goldman Sachs
New York
|
-$1.61M |
BIV Hedge Fund Activity: Q3 2014 in Review
174 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Vanguard Intermediate-Term Bond ETF (BIV) for Q3 2014, worth a combined $2.63B — up 9.4% from $2.4B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BIV positions and 10 closed out — a net gain of 6 holders — while 73 added to existing stakes and 42 trimmed.
The largest buyer was Managed Account Advisors, adding an estimated $181M. The largest seller was Bank of America, cutting an estimated $46.9M.
- 174 institutional investors held Vanguard Intermediate-Term Bond ETF (BIV) as of Q3 2014, up from 168 in Q2 2014.
- Funds reported $2.63B of Vanguard Intermediate-Term Bond ETF stock for Q3 2014, up 9.4% quarter-over-quarter.
- 16 funds opened new Vanguard Intermediate-Term Bond ETF positions in Q3 2014 and 10 closed out, a net change of +6 holders.
- The largest Vanguard Intermediate-Term Bond ETF buyer in Q3 2014 was Managed Account Advisors, an estimated $181M added.
- The largest Vanguard Intermediate-Term Bond ETF seller in Q3 2014 was Bank of America, an estimated $46.9M sold.
Based on aggregated 13F filings for Q3 2014.