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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
SCM
76
Saba Capital Management
New York
$17.2M +$17.3M +209,205 New
VKH
77
Virtu KCG Holdings
New York
$16.6M +$10.3M +124,780 +161%
NIA
78
Northstar Investment Advisors
Colorado
$16.6M -$278K -3,374 -2%
BC
79
Brinker Capital
Pennsylvania
$16.4M +$2.13M +25,796 +15%
HMC
80
Higher Moment Capital
Massachusetts
$15M -$1.86M -22,502 -11%
IA
81
Ibbotson Associates
Illinois
$14.9M +$3.78M +45,834 +34%
PA
82
Planning Alternatives
Michigan
$14.4M +$6.6M +80,042 +84%
TCT
83
TIAA CREF Trust
Missouri
$13.8M +$413K +5,003 +3%
GC
84
Garde Capital
Washington
$13.8M +$3.44M +41,766 +33%
FI
85
FormulaFolio Investments
Michigan
$13.5M +$13.6M +164,316 New
WB
86
Webster Bank
Connecticut
$12.9M +$8.42M +102,030 +185%
MAA
87
Managed Account Advisors
New Jersey
$12.9M +$4.06M +49,256 +46%
MAM
88
Meeder Asset Management
Ohio
$12.6M +$5.04M +61,105 +66%
Ameriprise
89
Ameriprise
Minnesota
$12.6M +$3.45M +41,775 +37%
OC
90
Oppenheimer & Co
New York
$12.5M +$16.1K +195 +0.1%
SFSG
91
Stearns Financial Services Group
North Carolina
$11.6M +$3.64M +44,086 +46%
KIM
92
Karpus Investment Management
New York
$11.5M +$5.83M +70,676 +103%
CIA
93
Capital Investment Advisors
Georgia
$11M +$614K +7,448 +6%
BCI
94
Brinker Capital Investments
Pennsylvania
$10.8M +$1.07M +13,026 +11%
FIM
95
Freedom Investment Management
Connecticut
$10.6M -$638K -7,738 -6%
TFF
96
The Family Firm
Maryland
$10.4M +$10.4M +126,081 New
MG
97
McCutchen Group
Washington
$10.2M +$10.2M +123,993 New
BNP Paribas Financial Markets
98
BNP Paribas Financial Markets
France
$10M -$457K -5,546 -4%
SFPM
99
Sensible Financial Planning & Management
Massachusetts
$9.83M -$579K -7,022 -6%
PAG
100
Private Advisor Group
New Jersey
$9.73M +$1.31M +15,831 +15%

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.