Vanguard Total Bond Market
BND
436 hedge funds and large institutions have $15.3B 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, 157 reducing their positions, and 35 closing their positions.
38% more call options, than puts
Call options by funds: $2.3M | Put options by funds: $1.67M
11% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 35
11% more funds holding in top 10
Funds holding in top 10: 79 → 88 (+9)
9% more repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 157
0% less funds holding
Funds holding: 437 → 436 (-1)
11.62% less ownership
Funds ownership: 69.32% → 57.7% (-12%)
19% less capital invested
Capital invested by funds: $18.9B → $15.3B (-$3.6B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QI
QS Investors
New York
|
+$838M |
| 2 |
Jones Financial Companies
Des Peres,
Missouri
|
+$106M |
| 3 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$75.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$66.6M |
| 5 |
B
Bailard
Foster City,
California
|
+$59.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
-$4.66B |
| 2 |
WIM
Windhaven Investment Management
Boston,
Massachusetts
|
-$92.1M |
| 3 |
Bank of New York Mellon
New York
|
-$57.8M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$46.2M |
| 5 |
IA
IndexIQ Advisors
New York
|
-$40.2M |
BND Hedge Fund Activity: Q3 2015 in Review
436 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q3 2015, worth a combined $15.3B — down 19% from $18.9B 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 157 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.
- 436 institutional investors held Vanguard Total Bond Market (BND) as of Q3 2015, down from 437 in Q2 2015.
- Funds reported $15.3B of Vanguard Total Bond Market stock for Q3 2015, down 19% 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.