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Vanguard Total Bond Market

521 hedge funds and large institutions have $20.4B invested in Vanguard Total Bond Market in 2016 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 262 increasing their positions, 143 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

90% more call options, than puts

Call options by funds: $480K | Put options by funds: $253K

83% more repeat investments, than reductions

Existing positions increased: 262 | Existing positions reduced: 143

59% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 29

3% more funds holding

Funds holding: 508521 (+13)

3% less capital invested

Capital invested by funds: $21.1B → $20.4B (-$660M)

3.57% less ownership

Funds ownership: 66.93%63.36% (-3.6%)

6% less funds holding in top 10

Funds holding in top 10: 10498 (-6)

Holders
521
Holders Change
+13
Holders Change %
+2.56%
% of All Funds
13.9%
Holding in Top 10
98
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-5.77%
% of All Funds
2.61%
New
46
Increased
262
Reduced
143
Closed
29
Calls
$480K
Puts
$253K
Net Calls
+$227K
Net Calls Change
+$489K
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
26
Citigroup
New York
$94.9M +$1.36M +16,159 +1%
Cambridge Investment Research Advisors
27
Cambridge Investment Research Advisors
Iowa
$89.3M +$9.69M +115,060 +12%
RJA
28
Raymond James & Associates
Florida
$84.7M +$11.8M +140,339 +16%
SB
29
Suntrust Banks
Georgia
$82.4M +$13.4M +159,462 +19%
TAIM
30
TD Ameritrade Investment Management
Nebraska
$81.5M -$20.9M -248,140 -20%
AA
31
ALPS Advisors
Colorado
$79.2M +$436K +5,184 +0.6%
Royal Bank of Canada
32
Royal Bank of Canada
Ontario, Canada
$77.9M -$5.43M -64,481 -7%
MIH
33
Madison Investment Holdings
Wisconsin
$73.2M +$881K +10,465 +1%
Retirement Systems of Alabama
34
Retirement Systems of Alabama
Alabama
$70.1M
IA
35
IndexIQ Advisors
New York
$68.1M +$3.2M +38,026 +5%
AIM
36
Acropolis Investment Management
Missouri
$65.9M +$1.36M +16,098 +2%
LTFS
37
Ladenburg Thalmann Financial Services
Florida
$64M +$1.82M +21,679 +3%
RJFSA
38
Raymond James Financial Services Advisors
Florida
$63.8M -$248K -2,951 -0.4%
Vanguard Group
39
Vanguard Group
Pennsylvania
$63M -$3.62M -42,972 -5%
VFP
40
Verus Financial Partners
Virginia
$56.2M +$234K +2,784 +0.4%
M&T Bank
41
M&T Bank
New York
$55.2M +$3.72M +44,146 +7%
AssetMark Inc
42
AssetMark Inc
California
$55.1M +$2.89M +34,379 +6%
AEPG
43
American Economic Planning Group
New Jersey
$53.6M +$583K +6,930 +1%
AI
44
Atria Investments
North Carolina
$51.5M -$743K -8,822 -1%
EFS
45
Edelman Financial Services
Virginia
$51.5M +$945K +11,222 +2%
GI
46
Gradient Investments
Minnesota
$49.9M +$4.16M +49,438 +9%
RCS
47
Retirement Capital Strategies
California
$49.3M +$337 +4 +0%
HighTower Advisors
48
HighTower Advisors
Illinois
$47.6M +$18.7M +222,667 +65%
AB
49
AT Bancorp
Iowa
$47.5M -$18.3M -217,953 -28%
TFA
50
Transamerica Financial Advisors
Florida
$47.3M -$9.36M -111,254 -17%

BND Hedge Fund Activity: Q3 2016 in Review

521 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q3 2016, worth a combined $20.4B — down 3.1% from $21.1B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new BND positions and 29 closed out — a net gain of 17 holders — while 262 added to existing stakes and 143 trimmed.

The largest buyer was Wells Fargo, adding an estimated $213M. The largest seller was Windhaven Investment Management, cutting an estimated $317M.

  • 521 institutional investors held Vanguard Total Bond Market (BND) as of Q3 2016, up from 508 in Q2 2016.
  • Funds reported $20.4B of Vanguard Total Bond Market stock for Q3 2016, down 3.1% quarter-over-quarter.
  • 46 funds opened new Vanguard Total Bond Market positions in Q3 2016 and 29 closed out, a net change of +17 holders.
  • The largest Vanguard Total Bond Market buyer in Q3 2016 was Wells Fargo, an estimated $213M added.
  • The largest Vanguard Total Bond Market seller in Q3 2016 was Windhaven Investment Management, an estimated $317M sold.

Based on aggregated 13F filings for Q3 2016.