Vanguard Total Bond Market
BND
474 hedge funds and large institutions have $18.7B invested in Vanguard Total Bond Market in 2015 Q4 according to their latest regulatory filings, with 80 funds opening new positions, 193 increasing their positions, 134 reducing their positions, and 35 closing their positions.
129% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 35
44% more repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 134
30% more capital invested
Capital invested by funds: $14.3B → $18.7B (+$4.34B)
15.2% more ownership
Funds ownership: 57.42% → 72.63% (+15%)
10% more funds holding in top 10
Funds holding in top 10: 87 → 96 (+9)
9% more funds holding
Funds holding: 435 → 474 (+39)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $307K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$540M |
| 2 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
+$161M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$132M |
| 4 |
Morgan Stanley
New York
|
+$71.1M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$66.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIM
Windhaven Investment Management
Boston,
Massachusetts
|
-$128M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$93.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$80.6M |
| 4 |
IA
IndexIQ Advisors
New York
|
-$66.5M |
| 5 |
B
Bailard
Foster City,
California
|
-$59.4M |
BND Hedge Fund Activity: Q4 2015 in Review
474 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q4 2015, worth a combined $18.7B — up 30% from $14.3B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new BND positions and 35 closed out — a net gain of 45 holders — while 193 added to existing stakes and 134 trimmed.
The largest buyer was LPL Financial, adding an estimated $540M. The largest seller was Windhaven Investment Management, cutting an estimated $128M.
- 474 institutional investors held Vanguard Total Bond Market (BND) as of Q4 2015, up from 435 in Q3 2015.
- Funds reported $18.7B of Vanguard Total Bond Market stock for Q4 2015, up 30% quarter-over-quarter.
- 80 funds opened new Vanguard Total Bond Market positions in Q4 2015 and 35 closed out, a net change of +45 holders.
- The largest Vanguard Total Bond Market buyer in Q4 2015 was LPL Financial, an estimated $540M added.
- The largest Vanguard Total Bond Market seller in Q4 2015 was Windhaven Investment Management, an estimated $128M sold.
Based on aggregated 13F filings for Q4 2015.