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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
HighTower Advisors
101
HighTower Advisors
Illinois
$9.6M +$2.05M +24,889 +27%
MC
102
Miles Capital
Iowa
$9.5M -$469K -5,691 -5%
PPA
103
Parametric Portfolio Associates
Washington
$8.92M +$486K +5,893 +6%
PFA
104
Pure Financial Advisors
California
$8.85M +$628K +7,620 +8%
CA
105
Cambridge Advisors
Nebraska
$8.77M +$8.78M +106,407 New
BSWM
106
Boston Standard Wealth Management
Massachusetts
$8.41M +$8.3M +100,675 New
SCM
107
Stonehearth Capital Management
Massachusetts
$8.16M +$8.17M +99,025 New
AW
108
Alpha Windward
Massachusetts
$8.09M -$34.3K -416 -0.4%
GEM
109
Global Endowment Management
North Carolina
$8.09M
CG
110
Carlyle Group
District of Columbia
$8.08M +$8.09M +98,116 New
JP Morgan Chase
111
JP Morgan Chase
New York
$7.74M -$248K -3,004 -3%
LPT
112
Legacy Private Trust
Wisconsin
$7.64M -$3.73M -45,164 -33%
BIM
113
BlackRock Investment Management
Delaware
$7.31M +$7.32M +88,727 New
LFA
114
Landmark Financial Advisors
Kentucky
$7.23M +$7.25M +87,864 New
FAAS
115
First Allied Advisory Services
California
$7.13M +$2.24M +27,160 +46%
EC
116
Estate Counselors
Wisconsin
$7M
SCA
117
Strategic Capital Alternatives
United States
$6.95M -$669K -8,106 -9%
HDIM
118
Hanson & Doremus Investment Management
Vermont
$6.95M +$552K +6,694 +9%
WAM
119
Wolverine Asset Management
Illinois
$6.91M -$2.99M -36,299 -30%
Bank of Montreal
120
Bank of Montreal
Ontario, Canada
$6.73M +$993K +12,044 +17%
PI
121
Placemark Investments
Illinois
$6.57M -$7.33M -88,888 -53%
DAM
122
Delta Asset Management
Tennessee
$6.57M +$23K +279 +0.4%
KL
123
Kinsight LLC
Alabama
$6.55M +$1.15M +13,899 +21%
VFS
124
VSR Financial Services
Kansas
$6.44M -$51.4K -623 -0.8%
LIM
125
Leavell Investment Management
Alabama
$6.11M +$2.55M +30,946 +72%

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.