Vanguard Total Bond Market
BND
421 hedge funds and large institutions have $18.9B invested in Vanguard Total Bond Market in 2015 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 212 increasing their positions, 108 reducing their positions, and 25 closing their positions.
122% more call options, than puts
Call options by funds: $592K | Put options by funds: $267K
96% more repeat investments, than reductions
Existing positions increased: 212 | Existing positions reduced: 108
88% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 25
4% more funds holding
Funds holding: 403 → 421 (+18)
3% more funds holding in top 10
Funds holding in top 10: 77 → 79 (+2)
3% more capital invested
Capital invested by funds: $18.4B → $18.9B (+$497M)
2.75% less ownership
Funds ownership: 76.48% → 73.74% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jones Financial Companies
Des Peres,
Missouri
|
+$126M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$90.3M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$82.8M |
| 4 |
MIH
Madison Investment Holdings
Madison,
Wisconsin
|
+$78.1M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$75.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$784M |
| 2 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
-$268M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$132M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
-$88.3M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$50.8M |
BND Hedge Fund Activity: Q1 2015 in Review
421 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q1 2015, worth a combined $18.9B — up 2.7% from $18.4B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new BND positions and 25 closed out — a net gain of 22 holders — while 212 added to existing stakes and 108 trimmed.
The largest buyer was Jones Financial Companies, adding an estimated $126M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $784M.
- 421 institutional investors held Vanguard Total Bond Market (BND) as of Q1 2015, up from 403 in Q4 2014.
- Funds reported $18.9B of Vanguard Total Bond Market stock for Q1 2015, up 2.7% quarter-over-quarter.
- 47 funds opened new Vanguard Total Bond Market positions in Q1 2015 and 25 closed out, a net change of +22 holders.
- The largest Vanguard Total Bond Market buyer in Q1 2015 was Jones Financial Companies, an estimated $126M added.
- The largest Vanguard Total Bond Market seller in Q1 2015 was Manulife (Manufacturers Life Insurance), an estimated $784M sold.
Based on aggregated 13F filings for Q1 2015.