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Vanguard Total Bond Market

402 hedge funds and large institutions have $18.3B invested in Vanguard Total Bond Market in 2014 Q4 according to their latest regulatory filings, with 94 funds opening new positions, 171 increasing their positions, 93 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

422% more first-time investments, than exits

New positions opened: 94 | Existing positions closed: 18

84% more repeat investments, than reductions

Existing positions increased: 171 | Existing positions reduced: 93

36% more funds holding in top 10

Funds holding in top 10: 5676 (+20)

21% more funds holding

Funds holding: 332402 (+70)

11% more capital invested

Capital invested by funds: $16.6B → $18.3B (+$1.76B)

2.45% less ownership

Funds ownership: 78.65%76.2% (-2.4%)

97% less call options, than puts

Call options by funds: $9K | Put options by funds: $272K

Holders
402
Holders Change
+70
Holders Change %
+21.08%
% of All Funds
10.72%
Holding in Top 10
76
Holding in Top 10 Change
+20
Holding in Top 10 Change %
+35.71%
% of All Funds
2.03%
New
94
Increased
171
Reduced
93
Closed
18
Calls
$9K
Puts
$272K
Net Calls
-$263K
Net Calls Change
+$335K
Name Holding Trade Value Shares
Change
Change in
Stake
Northwestern Mutual Wealth Management
26
Northwestern Mutual Wealth Management
Wisconsin
$78.4M +$14.9M +180,556 +23%
AssetMark Inc
27
AssetMark Inc
California
$76.8M +$29.1M +353,197 +61%
IAS
28
INR Advisory Services
Pennsylvania
$75.4M +$4.53M +54,875 +6%
TFA
29
Transamerica Financial Advisors
Florida
$74.2M +$67.9K +823 +0.1%
Retirement Systems of Alabama
30
Retirement Systems of Alabama
Alabama
$70.4M
SEI Investments
31
SEI Investments
Pennsylvania
$58.4M +$58.5M +709,109 New
Goldman Sachs
32
Goldman Sachs
New York
$58.3M +$1.53M +18,495 +3%
Royal Bank of Canada
33
Royal Bank of Canada
Ontario, Canada
$55.4M +$41M +496,614 +283%
AIM
34
Acropolis Investment Management
Missouri
$53.2M +$2.05M +24,831 +4%
UCFA
35
United Capital Financial Advisors
Texas
$52M -$767K -9,298 -1%
Deutsche Bank
36
Deutsche Bank
Germany
$50.8M +$12.1M +147,025 +31%
BAAM
37
Baker Avenue Asset Management
California
$49.9M +$1.62M +19,602 +3%
AI
38
Atria Investments
North Carolina
$49.7M +$5.77M +69,912 +13%
AEPG
39
American Economic Planning Group
New Jersey
$44M -$894K -10,845 -2%
EFS
40
Edelman Financial Services
Virginia
$43.5M +$684K +8,287 +2%
RCS
41
Retirement Capital Strategies
California
$43.3M +$43.3M +525,211 New
TCM
42
Twele Capital Management
Minnesota
$42.6M -$3.53M -42,754 -8%
SIM
43
Sentry Investment Management
Wisconsin
$42.1M -$322K -3,900 -0.8%
NMIS
44
Northwestern Mutual Investment Services
Wisconsin
$38.9M +$4.77M +57,867 +14%
M&T Bank
45
M&T Bank
New York
$38.6M +$3.5M +42,424 +10%
DS
46
DRW Securities
Illinois
$37.7M +$37.7M +457,462 New
HI
47
Horizon Investments
North Carolina
$36.4M +$3.1M +37,555 +9%
GI
48
Gradient Investments
Minnesota
$36M +$3.13M +37,985 +10%
VFP
49
Verus Financial Partners
Virginia
$35.7M +$2.11M +25,628 +6%
AT
50
Arden Trust
Delaware
$35.6M -$3.22M -39,003 -8%

BND Hedge Fund Activity: Q4 2014 in Review

402 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q4 2014, worth a combined $18.3B — up 11% from $16.6B a quarter earlier.

Buyers outnumbered sellers: 94 funds opened new BND positions and 18 closed out — a net gain of 76 holders — while 171 added to existing stakes and 93 trimmed.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $869M. The largest seller was Windhaven Investment Management, cutting an estimated $68.3M.

  • 402 institutional investors held Vanguard Total Bond Market (BND) as of Q4 2014, up from 332 in Q3 2014.
  • Funds reported $18.3B of Vanguard Total Bond Market stock for Q4 2014, up 11% quarter-over-quarter.
  • 94 funds opened new Vanguard Total Bond Market positions in Q4 2014 and 18 closed out, a net change of +76 holders.
  • The largest Vanguard Total Bond Market buyer in Q4 2014 was Manulife (Manufacturers Life Insurance), an estimated $869M added.
  • The largest Vanguard Total Bond Market seller in Q4 2014 was Windhaven Investment Management, an estimated $68.3M sold.

Based on aggregated 13F filings for Q4 2014.