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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
William Blair & Company
126
William Blair & Company
Illinois
$6.02M +$37.4K +453 +0.6%
PA
127
Pinnacle Associates
New York
$5.94M +$199K +2,413 +3%
ACM
128
Argentus Capital Management
Texas
$5.88M +$1M +12,140 +20%
DRS
129
Deane Retirement Strategies
Louisiana
$5.74M +$5.75M +69,720 New
B
130
Baird
Wisconsin
$5.72M +$32.1K +389 +0.6%
QA
131
Quantitative Advantage
Minnesota
$5.71M +$1.65M +19,955 +40%
BWM
132
Bernicke Wealth Management
Wisconsin
$5.7M +$5.7M +69,151 New
HCM
133
Howland Capital Management
Massachusetts
$5.49M -$189K -2,288 -3%
RBCM
134
Raub Brock Capital Management
California
$5.37M +$151K +1,835 +3%
MIAN
135
Mariner Independent Advisor Network
Kansas
$5.35M +$4.72M +57,274 +749%
Vanguard Group
136
Vanguard Group
Pennsylvania
$5.32M +$1.16M +14,018 +28%
STMM
137
South Texas Money Management
Texas
$5.31M +$84.8K +1,028 +2%
BCM
138
Brookstone Capital Management
Illinois
$5.25M -$216K -2,620 -4%
Fidelity Investments
139
Fidelity Investments
Massachusetts
$5.24M
W
140
Wealthfront
California
$5.2M +$55.9K +678 +1%
DADC
141
D.A. Davidson & Co
Montana
$4.94M +$1.66M +20,148 +51%
Fifth Third Bancorp
142
Fifth Third Bancorp
Ohio
$4.92M -$804K -9,743 -14%
CC
143
Callan Capital
California
$4.49M +$4.5M +54,516 New
RhumbLine Advisers
144
RhumbLine Advisers
Massachusetts
$4.42M +$3.34M +40,466 +308%
Janney Montgomery Scott
145
Janney Montgomery Scott
Pennsylvania
$4.39M +$20.5K +249 +0.5%
IH
146
IFC Holdings
Florida
$4.09M +$1.74M +21,076 +73%
CIM
147
Cambria Investment Management
California
$4.02M +$4.03M +48,825 New
WI
148
WBI Investments
New Jersey
$3.97M +$3.98M +48,239 New
FMC
149
First Merchants Corp
Indiana
$3.75M
FA
150
FDx Advisors
Illinois
$3.59M -$1.23M -14,873 -25%

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.