Vanguard Total Bond Market
BND
321 hedge funds and large institutions have $14.4B invested in Vanguard Total Bond Market in 2014 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 140 increasing their positions, 110 reducing their positions, and 26 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 110
12% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 26
11% more capital invested
Capital invested by funds: $12.9B → $14.4B (+$1.41B)
8% more funds holding in top 10
Funds holding in top 10: 53 → 57 (+4)
1.06% more ownership
Funds ownership: 73.18% → 74.24% (+1.1%)
1% more funds holding
Funds holding: 319 → 321 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
+$771M |
| 2 |
Jones Financial Companies
Des Peres,
Missouri
|
+$201M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$62.2M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$49.5M |
| 5 |
WCM
Weatherstone Capital Management
Denver,
Colorado
|
+$44.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$55.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$34.6M |
| 3 |
RWM
Raffa Wealth Management
Washington,
District of Columbia
|
-$32.3M |
| 4 |
State Street
Boston,
Massachusetts
|
-$30.5M |
| 5 |
JRP
Jasper Ridge Partners
Menlo Park,
California
|
-$28.4M |
BND Hedge Fund Activity: Q1 2014 in Review
321 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q1 2014, worth a combined $14.4B — up 11% from $12.9B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new BND positions and 26 closed out — a net gain of 3 holders — while 140 added to existing stakes and 110 trimmed.
The largest buyer was Aegon USA Investment Management, adding an estimated $771M. The largest seller was UBS, cutting an estimated $55.3M.
- 321 institutional investors held Vanguard Total Bond Market (BND) as of Q1 2014, up from 319 in Q4 2013.
- Funds reported $14.4B of Vanguard Total Bond Market stock for Q1 2014, up 11% quarter-over-quarter.
- 29 funds opened new Vanguard Total Bond Market positions in Q1 2014 and 26 closed out, a net change of +3 holders.
- The largest Vanguard Total Bond Market buyer in Q1 2014 was Aegon USA Investment Management, an estimated $771M added.
- The largest Vanguard Total Bond Market seller in Q1 2014 was UBS, an estimated $55.3M sold.
Based on aggregated 13F filings for Q1 2014.