Vanguard Total Bond Market
BND
659 hedge funds and large institutions have $25.7B invested in Vanguard Total Bond Market in 2018 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 252 increasing their positions, 268 reducing their positions, and 59 closing their positions.
20% more call options, than puts
Call options by funds: $1.9M | Put options by funds: $1.59M
3.26% more ownership
Funds ownership: 70.14% → 73.39% (+3.3%)
0% less capital invested
Capital invested by funds: $25.8B → $25.7B (-$108M)
6% less repeat investments, than reductions
Existing positions increased: 252 | Existing positions reduced: 268
2% less funds holding
Funds holding: 674 → 659 (-15)
7% less funds holding in top 10
Funds holding in top 10: 122 → 114 (-8)
12% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$1.38B |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$298M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$165M |
| 4 |
TC
Toews Corporation
Northfield,
New Jersey
|
+$113M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$100M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jones Financial Companies
Des Peres,
Missouri
|
-$380M |
| 2 |
MFRM
Milliman Financial Risk Management
Chicago,
Illinois
|
-$45.3M |
| 3 |
BCM
BTC Capital Management
Des Moines,
Iowa
|
-$37.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$34.7M |
| 5 |
SG Americas Securities
New York
|
-$26.7M |
BND Hedge Fund Activity: Q2 2018 in Review
659 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q2 2018, worth a combined $25.7B — down 0.42% from $25.8B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of BND and 52 opened new positions — a net loss of 7 holders — while 268 trimmed existing stakes and 252 added.
The largest buyer was Cornerstone Wealth Management, adding an estimated $1.38B. The largest seller was Jones Financial Companies, cutting an estimated $380M.
- 659 institutional investors held Vanguard Total Bond Market (BND) as of Q2 2018, down from 674 in Q1 2018.
- Funds reported $25.7B of Vanguard Total Bond Market stock for Q2 2018, down 0.42% quarter-over-quarter.
- 52 funds opened new Vanguard Total Bond Market positions in Q2 2018 and 59 closed out, a net change of -7 holders.
- The largest Vanguard Total Bond Market buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $1.38B added.
- The largest Vanguard Total Bond Market seller in Q2 2018 was Jones Financial Companies, an estimated $380M sold.
Based on aggregated 13F filings for Q2 2018.