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Vanguard Total Bond Market

435 hedge funds and large institutions have $14.3B invested in Vanguard Total Bond Market in 2015 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 171 increasing their positions, 156 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more call options, than puts

Call options by funds: $2.3M | Put options by funds: $1.67M

12% more funds holding in top 10

Funds holding in top 10: 7887 (+9)

11% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 35

10% more repeat investments, than reductions

Existing positions increased: 171 | Existing positions reduced: 156

0% less funds holding

Funds holding: 436435 (-1)

11.63% less ownership

Funds ownership: 69.05%57.42% (-12%)

20% less capital invested

Capital invested by funds: $18B → $14.3B (-$3.68B)

Holders
435
Holders Change
-1
Holders Change %
-0.23%
% of All Funds
12.14%
Holding in Top 10
87
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+11.54%
% of All Funds
2.43%
New
39
Increased
171
Reduced
156
Closed
35
Calls
$2.3M
Puts
$1.67M
Net Calls
+$630K
Net Calls Change
+$346K
Name Holding Trade Value Shares
Change
Change in
Stake
CSIC
251
Clifford Swan Investment Counsel
California
$908K -$183K -2,240 -17%
ASN
252
Advisory Services Network
Georgia
$908K +$757K +9,287 +519%
FHA
253
First Horizon Advisors
Tennessee
$904K -$92.2K -1,131 -9%
WIC
254
Woodmont Investment Counsel
Tennessee
$898K -$2.04K -25 -0.2%
CB
255
Chemical Bank
Michigan
$886K -$377K -4,625 -30%
ICOA
256
Investment Centers of America
North Dakota
$867K +$243K +2,977 +39%
ATC
257
Adirondack Trust Company
New York
$863K +$40.8K +500 +5%
Manulife (Manufacturers Life Insurance)
258
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$859K +$3.64M +44,620 +0.4%
PMFA
259
Plante Moran Financial Advisors
Michigan
$858K
FTIOP
260
Fiduciary Trust International of Pennsylvania
Pennsylvania
$839K -$192K -2,350 -19%
ECM
261
ETrade Capital Management
Virginia
$827K +$13.7K +168 +2%
BBA
262
BLB&B Advisors
Pennsylvania
$826K -$28.4K -349 -3%
FFS
263
Founders Financial Securities
Maryland
$822K +$19.2K +236 +2%
HI
264
Horizon Investments
North Carolina
$821K +$28.4K +348 +4%
SS
265
Simplicity Solutions
Minnesota
$810K +$438K +5,373 +119%
SFG
266
SNS Financial Group
Minnesota
$775K +$119K +1,454 +18%
RFA
267
Reilly Financial Advisors
California
$768K +$121K +1,480 +19%
Carson Wealth (CWM LLC)
268
Carson Wealth (CWM LLC)
Nebraska
$767K +$763K +9,357 New
AA
269
ALPS Advisors
Colorado
$762K -$5.77M -70,850 -7%
CAW
270
Cornerstone Advisors (Washington)
Washington
$742K
PIM
271
Penobscot Investment Management
Massachusetts
$719K
1832 Asset Management
272
1832 Asset Management
Ontario, Canada
$706K -$216K -2,654 -19%
IAM
273
Integre Asset Management
New York
$701K +$25.8K +316 +4%
CAM
274
Concorde Asset Management
Michigan
$695K +$94.5K +1,160 New
BUB
275
BBVA USA Bancshares
Texas
$677K -$209K -2,570 -24%

BND Hedge Fund Activity: Q3 2015 in Review

435 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q3 2015, worth a combined $14.3B — down 20% from $18B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new BND positions and 35 closed out — a net gain of 4 holders — while 171 added to existing stakes and 156 trimmed.

The largest buyer was QS Investors, adding an estimated $838M. The largest seller was Aegon USA Investment Management, exiting entirely with an estimated $4.66B sold.

  • 435 institutional investors held Vanguard Total Bond Market (BND) as of Q3 2015, down from 436 in Q2 2015.
  • Funds reported $14.3B of Vanguard Total Bond Market stock for Q3 2015, down 20% quarter-over-quarter.
  • 39 funds opened new Vanguard Total Bond Market positions in Q3 2015 and 35 closed out, a net change of +4 holders.
  • The largest Vanguard Total Bond Market buyer in Q3 2015 was QS Investors, an estimated $838M added.
  • The largest Vanguard Total Bond Market seller in Q3 2015 was Aegon USA Investment Management, an estimated $4.66B sold.

Based on aggregated 13F filings for Q3 2015.