Vanguard Total Bond Market
BND
508 hedge funds and large institutions have $21.1B invested in Vanguard Total Bond Market in 2016 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 241 increasing their positions, 148 reducing their positions, and 31 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 241 | Existing positions reduced: 148
48% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 31
5% more funds holding in top 10
Funds holding in top 10: 99 → 104 (+5)
2% more funds holding
Funds holding: 499 → 508 (+9)
3% more capital invested
Capital invested by funds: $20.5B → $21.1B (+$621M)
3.07% less ownership
Funds ownership: 70% → 66.93% (-3.1%)
20% less call options, than puts
Call options by funds: $1.06M | Put options by funds: $1.32M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QI
QS Investors
New York
|
+$508M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$428M |
| 3 |
Goldman Sachs
New York
|
+$164M |
| 4 |
Jones Financial Companies
Des Peres,
Missouri
|
+$127M |
| 5 |
Morgan Stanley
New York
|
+$68.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.07B |
| 2 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$160M |
| 3 |
MFRM
Milliman Financial Risk Management
Chicago,
Illinois
|
-$143M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$87.9M |
| 5 |
WIM
Windhaven Investment Management
Boston,
Massachusetts
|
-$50.8M |
BND Hedge Fund Activity: Q2 2016 in Review
508 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q2 2016, worth a combined $21.1B — up 3% from $20.5B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new BND positions and 31 closed out — a net gain of 15 holders — while 241 added to existing stakes and 148 trimmed.
The largest buyer was QS Investors, adding an estimated $508M. The largest seller was LPL Financial, cutting an estimated $1.07B.
- 508 institutional investors held Vanguard Total Bond Market (BND) as of Q2 2016, up from 499 in Q1 2016.
- Funds reported $21.1B of Vanguard Total Bond Market stock for Q2 2016, up 3% quarter-over-quarter.
- 46 funds opened new Vanguard Total Bond Market positions in Q2 2016 and 31 closed out, a net change of +15 holders.
- The largest Vanguard Total Bond Market buyer in Q2 2016 was QS Investors, an estimated $508M added.
- The largest Vanguard Total Bond Market seller in Q2 2016 was LPL Financial, an estimated $1.07B sold.
Based on aggregated 13F filings for Q2 2016.