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Vanguard Total Bond Market

572 hedge funds and large institutions have $20.6B invested in Vanguard Total Bond Market in 2016 Q4 according to their latest regulatory filings, with 107 funds opening new positions, 237 increasing their positions, 169 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more first-time investments, than exits

New positions opened: 107 | Existing positions closed: 50

40% more repeat investments, than reductions

Existing positions increased: 237 | Existing positions reduced: 169

14% more funds holding in top 10

Funds holding in top 10: 99113 (+14)

10% more funds holding

Funds holding: 522572 (+50)

1.88% more ownership

Funds ownership: 63.6%65.48% (+1.9%)

0% more capital invested

Capital invested by funds: $20.5B → $20.6B (+$75.8M)

18% less call options, than puts

Call options by funds: $962K | Put options by funds: $1.17M

Holders
572
Holders Change
+50
Holders Change %
+9.58%
% of All Funds
14.3%
Holding in Top 10
113
Holding in Top 10 Change
+14
Holding in Top 10 Change %
+14.14%
% of All Funds
2.82%
New
107
Increased
237
Reduced
169
Closed
50
Calls
$962K
Puts
$1.17M
Net Calls
-$210K
Net Calls Change
-$437K
Name Holding Trade Value Shares
Change
Change in
Stake
Jones Financial Companies
1
Jones Financial Companies
Missouri
$3.78B +$36M +439,820 +0.9%
MFRM
2
Milliman Financial Risk Management
Illinois
$2.54B -$70.2M -857,534 -3%
Wells Fargo
3
Wells Fargo
California
$1.33B -$176M -2,143,886 -11%
QI
4
QS Investors
New York
$1.2B -$98.8M -1,206,640 -7%
Manulife (Manufacturers Life Insurance)
5
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.16B +$101M +1,235,175 +9%
UBS Group
6
UBS Group
Switzerland
$695M -$130M -1,592,042 -16%
Morgan Stanley
7
Morgan Stanley
New York
$682M +$42.3M +516,965 +7%
WIM
8
Windhaven Investment Management
Massachusetts
$592M +$69.9M +853,601 +13%
Northwestern Mutual Wealth Management
9
Northwestern Mutual Wealth Management
Wisconsin
$537M +$535M +6,528,562 +5,703%
State Street
10
State Street
Massachusetts
$435M -$14.3M -174,381 -3%
Bank of America
11
Bank of America
North Carolina
$428M +$48.8M +595,962 +13%
BlackRock
12
BlackRock
New York
$395M -$2.73M -33,273 -0.7%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$389M +$37.8M +461,081 +11%
Goldman Sachs
14
Goldman Sachs
New York
$275M +$62.6M +763,790 +29%
PNC Financial Services Group
15
PNC Financial Services Group
Pennsylvania
$273M +$17.2M +210,048 +7%
SEI Investments
16
SEI Investments
Pennsylvania
$237M +$18.3M +223,464 +8%
MIS
17
Morningstar Investment Services
Illinois
$190M +$10.7M +130,239 +6%
Ameriprise
18
Ameriprise
Minnesota
$178M +$24.4M +297,647 +16%
LNC
19
Lincoln National Corp
Pennsylvania
$175M +$7.26M +88,626 +4%
Betterment LLC
20
Betterment LLC
New York
$167M +$26.8M +327,741 +19%
Natixis Advisors
21
Natixis Advisors
Massachusetts
$147M +$3.68M +44,928 +3%
DDSF
22
Diana Davis Spencer Foundation
Maryland
$130M
USAA
23
United Services Automobile Association
Texas
$128M -$28.7M -350,097 -18%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$122M +$5.61M +68,507 +5%
IAS
25
INR Advisory Services
Pennsylvania
$103M +$7.1M +86,742 +7%

BND Hedge Fund Activity: Q4 2016 in Review

572 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q4 2016, worth a combined $20.6B — up 0.37% from $20.5B a quarter earlier.

Buyers outnumbered sellers: 107 funds opened new BND positions and 50 closed out — a net gain of 57 holders — while 237 added to existing stakes and 169 trimmed.

The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $535M. The largest seller was Wells Fargo, cutting an estimated $176M.

  • 572 institutional investors held Vanguard Total Bond Market (BND) as of Q4 2016, up from 522 in Q3 2016.
  • Funds reported $20.6B of Vanguard Total Bond Market stock for Q4 2016, up 0.37% quarter-over-quarter.
  • 107 funds opened new Vanguard Total Bond Market positions in Q4 2016 and 50 closed out, a net change of +57 holders.
  • The largest Vanguard Total Bond Market buyer in Q4 2016 was Northwestern Mutual Wealth Management, an estimated $535M added.
  • The largest Vanguard Total Bond Market seller in Q4 2016 was Wells Fargo, an estimated $176M sold.

Based on aggregated 13F filings for Q4 2016.