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Vanguard Total Bond Market

435 hedge funds and large institutions have $14.3B invested in Vanguard Total Bond Market in 2015 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 171 increasing their positions, 156 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more call options, than puts

Call options by funds: $2.3M | Put options by funds: $1.67M

12% more funds holding in top 10

Funds holding in top 10: 7887 (+9)

11% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 35

10% more repeat investments, than reductions

Existing positions increased: 171 | Existing positions reduced: 156

0% less funds holding

Funds holding: 436435 (-1)

11.63% less ownership

Funds ownership: 69.05%57.42% (-12%)

20% less capital invested

Capital invested by funds: $18B → $14.3B (-$3.68B)

Holders
435
Holders Change
-1
Holders Change %
-0.23%
% of All Funds
12.14%
Holding in Top 10
87
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+11.54%
% of All Funds
2.43%
New
39
Increased
171
Reduced
156
Closed
35
Calls
$2.3M
Puts
$1.67M
Net Calls
+$630K
Net Calls Change
+$346K
Name Holding Trade Value Shares
Change
Change in
Stake
Jones Financial Companies
1
Jones Financial Companies
Missouri
$3.63B +$106M +1,299,093 +3%
WIM
2
Windhaven Investment Management
Massachusetts
$1.1B -$92.1M -1,130,201 -8%
Wells Fargo
3
Wells Fargo
California
$902M +$12.4M +151,855 +1%
QI
4
QS Investors
New York
$850M +$838M +10,285,522 +11,359%
UBS Group
5
UBS Group
Switzerland
$681M +$11.9M +145,408 +2%
Morgan Stanley
6
Morgan Stanley
New York
$467M +$9.38M +115,138 +2%
BlackRock
7
BlackRock
New York
$431M
State Street
8
State Street
Massachusetts
$388M -$29.6M -363,106 -7%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$383M +$58.1M +712,590 +18%
Bank of America
10
Bank of America
North Carolina
$375M +$66.6M +816,927 +22%
LPL Financial
11
LPL Financial
California
$235M -$669K -8,206 -0.3%
PNC Financial Services Group
12
PNC Financial Services Group
Pennsylvania
$214M +$21.3M +260,807 +11%
IA
13
IndexIQ Advisors
New York
$191M -$40.2M -493,356 -17%
LNC
14
Lincoln National Corp
Pennsylvania
$154M +$4.29M +52,583 +3%
MIS
15
Morningstar Investment Services
Illinois
$143M -$981K -12,033 -0.7%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$137M -$57.8M -709,565 -30%
DDSF
17
Diana Davis Spencer Foundation
Maryland
$132M
Natixis Advisors
18
Natixis Advisors
Massachusetts
$128M +$2.72M +33,332 +2%
Northwestern Mutual Wealth Management
19
Northwestern Mutual Wealth Management
Wisconsin
$119M +$9.91M +121,621 +9%
TAIM
20
TD Ameritrade Investment Management
Nebraska
$119M +$12.7M +156,412 +12%
UCFA
21
United Capital Financial Advisors
Texas
$116M +$55.7M +683,512 +94%
SB
22
Suntrust Banks
Georgia
$113M -$4.02M -49,335 -3%
SEI Investments
23
SEI Investments
Pennsylvania
$104M +$15.7M +192,776 +18%
Ameriprise
24
Ameriprise
Minnesota
$86.3M -$2.43M -29,774 -3%
AssetMark Inc
25
AssetMark Inc
California
$80.4M -$22M -269,851 -22%

BND Hedge Fund Activity: Q3 2015 in Review

435 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q3 2015, worth a combined $14.3B — down 20% from $18B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new BND positions and 35 closed out — a net gain of 4 holders — while 171 added to existing stakes and 156 trimmed.

The largest buyer was QS Investors, adding an estimated $838M. The largest seller was Aegon USA Investment Management, exiting entirely with an estimated $4.66B sold.

  • 435 institutional investors held Vanguard Total Bond Market (BND) as of Q3 2015, down from 436 in Q2 2015.
  • Funds reported $14.3B of Vanguard Total Bond Market stock for Q3 2015, down 20% quarter-over-quarter.
  • 39 funds opened new Vanguard Total Bond Market positions in Q3 2015 and 35 closed out, a net change of +4 holders.
  • The largest Vanguard Total Bond Market buyer in Q3 2015 was QS Investors, an estimated $838M added.
  • The largest Vanguard Total Bond Market seller in Q3 2015 was Aegon USA Investment Management, an estimated $4.66B sold.

Based on aggregated 13F filings for Q3 2015.