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Vanguard Total Bond Market

402 hedge funds and large institutions have $18.3B invested in Vanguard Total Bond Market in 2014 Q4 according to their latest regulatory filings, with 94 funds opening new positions, 171 increasing their positions, 93 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

422% more first-time investments, than exits

New positions opened: 94 | Existing positions closed: 18

84% more repeat investments, than reductions

Existing positions increased: 171 | Existing positions reduced: 93

36% more funds holding in top 10

Funds holding in top 10: 5676 (+20)

21% more funds holding

Funds holding: 332402 (+70)

11% more capital invested

Capital invested by funds: $16.6B → $18.3B (+$1.76B)

2.45% less ownership

Funds ownership: 78.65%76.2% (-2.4%)

97% less call options, than puts

Call options by funds: $9K | Put options by funds: $272K

Holders
402
Holders Change
+70
Holders Change %
+21.08%
% of All Funds
10.72%
Holding in Top 10
76
Holding in Top 10 Change
+20
Holding in Top 10 Change %
+35.71%
% of All Funds
2.03%
New
94
Increased
171
Reduced
93
Closed
18
Calls
$9K
Puts
$272K
Net Calls
-$263K
Net Calls Change
+$335K
Name Holding Trade Value Shares
Change
Change in
Stake
BWM
226
Braver Wealth Management
Massachusetts
$1.03M +$192K +2,331 +23%
DSC
227
Duncker Streett & Co
Missouri
$1.02M +$252K +3,060 +33%
SI
228
SII Investments
Wisconsin
$1.01M +$41.4K +502 +4%
CSIC
229
Clifford Swan Investment Counsel
California
$1.01M +$100K +1,218 +11%
FHA
230
First Horizon Advisors
Tennessee
$1.01M -$91.7K -1,112 -8%
RJFSA
231
Raymond James Financial Services Advisors
Florida
$990K +$6.76K +82 +0.7%
NSIM
232
North Star Investment Management
Illinois
$976K +$26.2K +318 +3%
FTIOP
233
Fiduciary Trust International of Pennsylvania
Pennsylvania
$966K -$78.8K -955 -8%
CT
234
Coastline Trust
Rhode Island
$947K +$379K +4,590 +66%
NA
235
Nottingham Advisors
New York
$942K +$950K +11,518 New
PSI
236
Pinnacle Summer Investments
Virginia
$938K -$25.5K -309 -4%
AAM
237
Autus Asset Management
Arizona
$935K +$15.7K +190 +2%
PCA
238
Personal Capital Advisors
California
$930K +$931K +11,286 New
CCM
239
Coe Capital Management
Illinois
$924K +$48.3K +585 +6%
FA
240
FMA Advisory
Pennsylvania
$891K +$893K +10,822 New
SPC
241
Sigma Planning Corp
Michigan
$869K +$870K +10,552 New
LFG
242
LifePlan Financial Group
Ohio
$863K +$104K +1,259 +14%
PMFA
243
Plante Moran Financial Advisors
Michigan
$863K +$694K +8,416 +408%
SCA
244
Salient Capital Advisors
Texas
$825K +$826K +10,011 New
1832 Asset Management
245
1832 Asset Management
Ontario, Canada
$816K -$388K -4,700 -29%
PIM
246
Penobscot Investment Management
Massachusetts
$802K +$803K +9,735 New
ICAS
247
Investors Capital Advisory Services
Massachusetts
$800K -$9.48K -115 -1%
ECM
248
ETrade Capital Management
Virginia
$798K +$28.1K +341 +4%
RFA
249
Reilly Financial Advisors
California
$797K +$69.7K +845 +10%
KL
250
KWMG LLC
Kansas
$752K +$747K +9,053 New

BND Hedge Fund Activity: Q4 2014 in Review

402 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q4 2014, worth a combined $18.3B — up 11% from $16.6B a quarter earlier.

Buyers outnumbered sellers: 94 funds opened new BND positions and 18 closed out — a net gain of 76 holders — while 171 added to existing stakes and 93 trimmed.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $869M. The largest seller was Windhaven Investment Management, cutting an estimated $68.3M.

  • 402 institutional investors held Vanguard Total Bond Market (BND) as of Q4 2014, up from 332 in Q3 2014.
  • Funds reported $18.3B of Vanguard Total Bond Market stock for Q4 2014, up 11% quarter-over-quarter.
  • 94 funds opened new Vanguard Total Bond Market positions in Q4 2014 and 18 closed out, a net change of +76 holders.
  • The largest Vanguard Total Bond Market buyer in Q4 2014 was Manulife (Manufacturers Life Insurance), an estimated $869M added.
  • The largest Vanguard Total Bond Market seller in Q4 2014 was Windhaven Investment Management, an estimated $68.3M sold.

Based on aggregated 13F filings for Q4 2014.