Vanguard Total Bond Market
BND
332 hedge funds and large institutions have $16.6B invested in Vanguard Total Bond Market in 2014 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 156 increasing their positions, 100 reducing their positions, and 25 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 100
12% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 25
9% more capital invested
Capital invested by funds: $15.2B → $16.6B (+$1.39B)
3.66% more ownership
Funds ownership: 74.99% → 78.65% (+3.7%)
0% more funds holding
Funds holding: 331 → 332 (+1)
2% less funds holding in top 10
Funds holding in top 10: 57 → 56 (-1)
99% less call options, than puts
Call options by funds: $8K | Put options by funds: $606K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
+$1.28B |
| 2 |
Wells Fargo
San Francisco,
California
|
+$338M |
| 3 |
Jones Financial Companies
Des Peres,
Missouri
|
+$202M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$101M |
| 5 |
B
Bailard
Foster City,
California
|
+$58.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$93.8M |
| 2 |
DS
DRW Securities
Chicago,
Illinois
|
-$65.8M |
| 3 |
WIM
Windhaven Investment Management
Boston,
Massachusetts
|
-$43.6M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
-$16.4M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$14.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JFA
351
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$59K | -720 | Closed |
|
|
VAM
352
Visionary Asset Management
Houston,
Texas
| – | -$51K | -617 | Closed |
|
|
MBT
353
Monroe Bank & Trust
Monroe,
Michigan
| – | -$38K | -462 | Closed |
|
354
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$33K | -400 | Closed |
|
|
BBHC
355
Brown Brothers Harriman & Co
New York
| – | -$27K | -333 | Closed |
|
|
KPCM
356
Kings Point Capital Management
Great Neck,
New York
| – | -$24K | -297 | Closed |
|
|
WAS
357
Winch Advisory Services
Appleton,
Wisconsin
| – | -$13K | -156 | Closed |
|
|
BRWA
358
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$11.3K | -138 | Closed |
|
|
TF
359
Tompkins Financial
Ithaca,
New York
| – | -$9K | -108 | Closed |
|
BND Hedge Fund Activity: Q3 2014 in Review
332 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q3 2014, worth a combined $16.6B — up 9.2% from $15.2B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BND positions and 25 closed out — a net gain of 3 holders — while 156 added to existing stakes and 100 trimmed.
The largest buyer was Aegon USA Investment Management, adding an estimated $1.28B. The largest seller was Saba Capital Management, exiting entirely with an estimated $93.8M sold.
- 332 institutional investors held Vanguard Total Bond Market (BND) as of Q3 2014, up from 331 in Q2 2014.
- Funds reported $16.6B of Vanguard Total Bond Market stock for Q3 2014, up 9.2% quarter-over-quarter.
- 28 funds opened new Vanguard Total Bond Market positions in Q3 2014 and 25 closed out, a net change of +3 holders.
- The largest Vanguard Total Bond Market buyer in Q3 2014 was Aegon USA Investment Management, an estimated $1.28B added.
- The largest Vanguard Total Bond Market seller in Q3 2014 was Saba Capital Management, an estimated $93.8M sold.
Based on aggregated 13F filings for Q3 2014.