We are live on ! Find out more
BND icon

Vanguard Total Bond Market
BND

500 hedge funds and large institutions have $20.5B invested in Vanguard Total Bond Market in 2016 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 205 increasing their positions, 172 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 35

19% more repeat investments, than reductions

Existing positions increased: 205 | Existing positions reduced: 172

10% more capital invested

Capital invested by funds: $18.7B → $20.5B (+$1.86B)

5% more funds holding

Funds holding: 474 → 500 (+26)

4% more funds holding in top 10

Funds holding in top 10: 96 → 100 (+4)

2.37% less ownership

Funds ownership: 72.63% → 70.25% (-2.4%)

Holders
500
Holders Change
+26
Holders Change %
+5.49%
% of All Funds
13.32%
Holding in Top 10
100
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+4.17%
% of All Funds
2.66%
New
66
Increased
205
Reduced
172
Closed
35
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LPL Financial
LPL Financial
California
+$275M
2
USAA
United Services Automobile Association
Texas
+$91.2M
3
Goldman Sachs
Goldman Sachs
New York
+$90M
4
State Street
State Street
Massachusetts
+$84M
5
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
+$82.1M

Top Sellers

Rank Fund Capital Flow
1
MFRM
Milliman Financial Risk Management
Illinois
-$548M
2
WIM
Windhaven Investment Management
Massachusetts
-$86.7M
3
CAPTRUST Financial Advisors
CAPTRUST Financial Advisors
North Carolina
-$40.9M
4
BlackRock
BlackRock
New York
-$40.2M
5
PCA
Personal Capital Advisors
California
-$39.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
Jane Street
51
Jane Street
New York
$49M +$48.4M +591,595 New
Vanguard Group
52
Vanguard Group
Pennsylvania
$48.4M +$18.5M +226,438 +63%
EFS
53
Edelman Financial Services
Virginia
$48.3M -$10.5M -128,919 -18%
TCM
54
Twele Capital Management
Minnesota
$45.3M +$4.08M +49,907 +10%
GI
55
Gradient Investments
Minnesota
$40.8M -$1.57M -19,248 -4%
GC
56
Grimes & Company
Massachusetts
$40.3M +$38.9M +475,165 +4,014%
SFSG
57
Stearns Financial Services Group
North Carolina
$39.7M +$4.62M +56,434 +13%
M&T Bank
58
M&T Bank
New York
$39.6M -$1.99M -24,309 -5%
SIM
59
Sentry Investment Management
Wisconsin
$37.9M -$2.74M -33,500 -7%
APCM
60
Alaska Permanent Capital Management
Alaska
$37.8M +$1.87M +22,882 +5%
IG
61
ING Group
Netherlands
$37.3M +$36.8M +450,000 New
Stifel Financial
62
Stifel Financial
Missouri
$37M +$1.46M +17,889 +4%
BAAM
63
Baker Avenue Asset Management
California
$35.2M -$1.23M -15,050 -3%
Commonwealth Equity Services
64
Commonwealth Equity Services
Massachusetts
$35.1M +$1.49M +18,259 +5%
AA
65
Alesco Advisors
New York
$33.7M -$1.92M -23,484 -5%
SF
66
Synovus Financial
Georgia
$31.2M +$1.31M +15,972 +4%
AllianceBernstein
67
AllianceBernstein
Tennessee
$31.1M +$15.9M +194,209 +107%
AIP
68
Ameritas Investment Partners
Nebraska
$29.2M -$614K -7,500 -2%
PA
69
Paracle Advisors
Washington
$29M +$368K +4,493 +1%
SWP
70
Stratos Wealth Partners
Ohio
$28.9M +$2.42M +29,592 +9%
PAG
71
Private Advisor Group
New Jersey
$28.5M +$1.53M +18,734 +6%
NYLIM
72
New York Life Investment Management
New York
$27.8M -$278K -3,400 -1%
State of Tennessee, Department of Treasury
73
State of Tennessee, Department of Treasury
Tennessee
$27.4M -$2.29M -28,000 -8%
CWM
74
CIBC World Markets
New York
$26.9M +$3.27M +40,000 +14%
CM
75
Cornerstone Management
Georgia
$26.1M +$4.15M +50,679 +19%
1 2
3
4 5

BND Hedge Fund Activity: Q1 2016 in Review

500 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q1 2016, worth a combined $20.5B — up 10% from $18.7B a quarter earlier.

Buyers outnumbered sellers: 66 funds opened new BND positions and 35 closed out — a net gain of 31 holders — while 205 added to existing stakes and 172 trimmed.

The largest buyer was LPL Financial, adding an estimated $275M. The largest seller was Milliman Financial Risk Management, cutting an estimated $548M.

  • 500 institutional investors held Vanguard Total Bond Market (BND) as of Q1 2016, up from 474 in Q4 2015.
  • Funds reported $20.5B of Vanguard Total Bond Market stock for Q1 2016, up 10% quarter-over-quarter.
  • 66 funds opened new Vanguard Total Bond Market positions in Q1 2016 and 35 closed out, a net change of +31 holders.
  • The largest Vanguard Total Bond Market buyer in Q1 2016 was LPL Financial, an estimated $275M added.
  • The largest Vanguard Total Bond Market seller in Q1 2016 was Milliman Financial Risk Management, an estimated $548M sold.

Based on aggregated 13F filings for Q1 2016.