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Vanguard Total Bond Market

1,259 hedge funds and large institutions have $54B invested in Vanguard Total Bond Market in 2023 Q1 according to their latest regulatory filings, with 133 funds opening new positions, 527 increasing their positions, 475 reducing their positions, and 90 closing their positions.

New
Increased
Maintained
Reduced
Closed

154% more call options, than puts

Call options by funds: $9.43M | Put options by funds: $3.72M

48% more first-time investments, than exits

New positions opened: 133 | Existing positions closed: 90

11% more repeat investments, than reductions

Existing positions increased: 527 | Existing positions reduced: 475

2.26% more ownership

Funds ownership: 60.08%62.34% (+2.3%)

1% more funds holding

Funds holding: 1,2461,259 (+13)

0% less capital invested

Capital invested by funds: $54B → $54B (-$19M)

5% less funds holding in top 10

Funds holding in top 10: 208197 (-11)

Holders
1,259
Holders Change
+13
Holders Change %
+1.04%
% of All Funds
20.06%
Holding in Top 10
197
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-5.29%
% of All Funds
3.14%
New
133
Increased
527
Reduced
475
Closed
90
Calls
$9.43M
Puts
$3.72M
Net Calls
+$5.71M
Net Calls Change
+$4.92M
Name Holding Trade Value Shares
Change
Change in
Stake
CIAS
26
CBIZ Investment Advisory Services
Ohio
$208M +$196M +2,677,550 +1,846%
State Street
27
State Street
Massachusetts
$198M -$171M -2,341,911 -47%
Truist Financial
28
Truist Financial
North Carolina
$190M -$877K -11,992 -0.5%
Royal Bank of Canada
29
Royal Bank of Canada
Ontario, Canada
$185M -$5.34M -72,957 -3%
AssetMark Inc
30
AssetMark Inc
California
$184M +$4.24M +57,967 +2%
RJFSA
31
Raymond James Financial Services Advisors
Florida
$180M +$12.2M +166,533 +7%
RIG
32
RiverFront Investment Group
Virginia
$173M +$3.71M +50,690 +2%
PFA
33
Pure Financial Advisors
California
$171M +$20.5M +279,752 +14%
Cetera Investment Advisers
34
Cetera Investment Advisers
Illinois
$167M -$210K -2,873 -0.1%
SP
35
Stairway Partners
Illinois
$167M +$166M +2,264,440 New
M&T Bank
36
M&T Bank
New York
$165M +$27.1M +370,080 +20%
Cambridge Investment Research Advisors
37
Cambridge Investment Research Advisors
Iowa
$158M +$2.42M +33,038 +2%
G
38
GenTrust
Florida
$151M -$7.35M -100,481 -5%
Prudential Financial
39
Prudential Financial
New Jersey
$149M -$8.69M -118,827 -6%
RJA
40
Raymond James & Associates
Florida
$140M +$9.91M +135,444 +8%
Corient Private Wealth
41
Corient Private Wealth
Florida
$127M +$13.3M +181,322 +12%
AIM
42
Acropolis Investment Management
Missouri
$126M +$4.73M +64,617 +4%
HighTower Advisors
43
HighTower Advisors
Illinois
$121M -$68.1K -930 -0.1%
FG
44
Foster Group
Iowa
$119M +$2.96M +40,438 +3%
APCM
45
Alaska Permanent Capital Management
Alaska
$119M +$4.18M +57,151 +4%
DDSF
46
Diana Davis Spencer Foundation
Maryland
$119M
MC
47
McMorgan & Co
California
$116M +$982K +13,427 +0.9%
Baird Financial Group
48
Baird Financial Group
Wisconsin
$116M +$10M +137,109 +10%
RA
49
RFG Advisory
Alabama
$116M +$8.3M +113,469 +8%
RA
50
Rational Advisors
New York
$115M -$8.79M -120,064 -7%

BND Hedge Fund Activity: Q1 2023 in Review

1,259 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q1 2023, worth a combined $54B — down 0.04% from $54B a quarter earlier.

Buyers outnumbered sellers: 133 funds opened new BND positions and 90 closed out — a net gain of 43 holders — while 527 added to existing stakes and 475 trimmed.

The largest buyer was Summit Wealth Group, opening a new position worth an estimated $2.27B. The largest seller was Jane Street, cutting an estimated $260M.

  • 1,259 institutional investors held Vanguard Total Bond Market (BND) as of Q1 2023, up from 1,246 in Q4 2022.
  • Funds reported $54B of Vanguard Total Bond Market stock for Q1 2023, down 0.04% quarter-over-quarter.
  • 133 funds opened new Vanguard Total Bond Market positions in Q1 2023 and 90 closed out, a net change of +43 holders.
  • The largest Vanguard Total Bond Market buyer in Q1 2023 was Summit Wealth Group, an estimated $2.27B added.
  • The largest Vanguard Total Bond Market seller in Q1 2023 was Jane Street, an estimated $260M sold.

Based on aggregated 13F filings for Q1 2023.