Vanguard Total Bond Market
BND
332 hedge funds and large institutions have $15.2B invested in Vanguard Total Bond Market in 2014 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 147 increasing their positions, 109 reducing their positions, and 20 closing their positions.
70% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 20
35% more repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 109
6% more capital invested
Capital invested by funds: $14.4B → $15.2B (+$848M)
3% more funds holding
Funds holding: 321 → 332 (+11)
2% more funds holding in top 10
Funds holding in top 10: 57 → 58 (+1)
0.96% more ownership
Funds ownership: 74.24% → 75.2% (+0.96%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.82M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jones Financial Companies
Des Peres,
Missouri
|
+$202M |
| 2 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
+$135M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$130M |
| 4 |
SCM
Saba Capital Management
New York
|
+$93.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$59.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$76.9M |
| 2 |
MIH
Madison Investment Holdings
Madison,
Wisconsin
|
-$62.8M |
| 3 |
WCM
Weatherstone Capital Management
Denver,
Colorado
|
-$30.8M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$30.8M |
| 5 |
WCM
Windham Capital Management
Boston,
Massachusetts
|
-$26.7M |
BND Hedge Fund Activity: Q2 2014 in Review
332 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q2 2014, worth a combined $15.2B — up 5.9% from $14.4B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new BND positions and 20 closed out — a net gain of 14 holders — while 147 added to existing stakes and 109 trimmed.
The largest buyer was Jones Financial Companies, adding an estimated $202M. The largest seller was State Street, cutting an estimated $76.9M.
- 332 institutional investors held Vanguard Total Bond Market (BND) as of Q2 2014, up from 321 in Q1 2014.
- Funds reported $15.2B of Vanguard Total Bond Market stock for Q2 2014, up 5.9% quarter-over-quarter.
- 34 funds opened new Vanguard Total Bond Market positions in Q2 2014 and 20 closed out, a net change of +14 holders.
- The largest Vanguard Total Bond Market buyer in Q2 2014 was Jones Financial Companies, an estimated $202M added.
- The largest Vanguard Total Bond Market seller in Q2 2014 was State Street, an estimated $76.9M sold.
Based on aggregated 13F filings for Q2 2014.