Vanguard Total Bond Market
BND
885 hedge funds and large institutions have $30.5B invested in Vanguard Total Bond Market in 2020 Q1 according to their latest regulatory filings, with 102 funds opening new positions, 357 increasing their positions, 342 reducing their positions, and 80 closing their positions.
73% more call options, than puts
Call options by funds: $5.16M | Put options by funds: $2.98M
28% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 80
18% more funds holding in top 10
Funds holding in top 10: 134 → 158 (+24)
4% more repeat investments, than reductions
Existing positions increased: 357 | Existing positions reduced: 342
2% more capital invested
Capital invested by funds: $30.1B → $30.5B (+$481M)
1% more funds holding
Funds holding: 879 → 885 (+6)
0.42% less ownership
Funds ownership: 61.78% → 61.37% (-0.42%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.15B |
| 2 |
AF
Allworth Financial
Folsom,
California
|
+$322M |
| 3 |
M&T Bank
Buffalo,
New York
|
+$298M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$211M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$160M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFRM
Milliman Financial Risk Management
Chicago,
Illinois
|
-$938M |
| 2 |
Jones Financial Companies
Des Peres,
Missouri
|
-$437M |
| 3 |
BlackRock
New York
|
-$225M |
| 4 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$166M |
| 5 |
QI
QS Investors
New York
|
-$148M |
BND Hedge Fund Activity: Q1 2020 in Review
885 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q1 2020, worth a combined $30.5B — up 1.6% from $30.1B a quarter earlier.
Buyers outnumbered sellers: 102 funds opened new BND positions and 80 closed out — a net gain of 22 holders — while 357 added to existing stakes and 342 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.15B. The largest seller was Milliman Financial Risk Management, cutting an estimated $938M.
- 885 institutional investors held Vanguard Total Bond Market (BND) as of Q1 2020, up from 879 in Q4 2019.
- Funds reported $30.5B of Vanguard Total Bond Market stock for Q1 2020, up 1.6% quarter-over-quarter.
- 102 funds opened new Vanguard Total Bond Market positions in Q1 2020 and 80 closed out, a net change of +22 holders.
- The largest Vanguard Total Bond Market buyer in Q1 2020 was Morgan Stanley, an estimated $1.15B added.
- The largest Vanguard Total Bond Market seller in Q1 2020 was Milliman Financial Risk Management, an estimated $938M sold.
Based on aggregated 13F filings for Q1 2020.