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Vanguard Total Bond Market

583 hedge funds and large institutions have $24.2B invested in Vanguard Total Bond Market in 2017 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 284 increasing their positions, 174 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more repeat investments, than reductions

Existing positions increased: 284 | Existing positions reduced: 174

57% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 35

7% more capital invested

Capital invested by funds: $22.7B → $24.2B (+$1.49B)

6% more funds holding in top 10

Funds holding in top 10: 109115 (+6)

2% more funds holding

Funds holding: 570583 (+13)

2.28% more ownership

Funds ownership: 65.35%67.63% (+2.3%)

5% more call options, than puts

Call options by funds: $541K | Put options by funds: $516K

Holders
583
Holders Change
+13
Holders Change %
+2.28%
% of All Funds
14.53%
Holding in Top 10
115
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+5.5%
% of All Funds
2.87%
New
55
Increased
284
Reduced
174
Closed
35
Calls
$541K
Puts
$516K
Net Calls
+$25K
Net Calls Change
+$1.42M
Name Holding Trade Value Shares
Change
Change in
Stake
Jones Financial Companies
1
Jones Financial Companies
Missouri
$4.3B +$63.4M +772,809 +1%
MFRM
2
Milliman Financial Risk Management
Illinois
$2.44B -$28M -340,922 -1%
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$1.44B +$681M +8,303,236 +90%
Wells Fargo
4
Wells Fargo
California
$1.42B +$24.9M +303,802 +2%
Manulife (Manufacturers Life Insurance)
5
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.22B +$11.8M +143,234 +1%
Northwestern Mutual Wealth Management
6
Northwestern Mutual Wealth Management
Wisconsin
$1.07B +$162M +1,978,952 +18%
QI
7
QS Investors
New York
$979M -$11.5M -139,701 -1%
LPL Financial
8
LPL Financial
California
$824M +$72.3M +881,035 +10%
SEI Investments
9
SEI Investments
Pennsylvania
$741M +$234M +2,846,914 +46%
Morgan Stanley
10
Morgan Stanley
New York
$675M +$402K +4,898 +0.1%
Bank of America
11
Bank of America
North Carolina
$507M +$64.1M +780,953 +14%
BlackRock
12
BlackRock
New York
$434M -$11.3M -137,959 -3%
UBS Group
13
UBS Group
Switzerland
$353M -$8.15M -99,320 -2%
State Street
14
State Street
Massachusetts
$352M -$2.33M -28,437 -0.7%
WIM
15
Windhaven Investment Management
Massachusetts
$341M +$20.5M +250,442 +6%
PNC Financial Services Group
16
PNC Financial Services Group
Pennsylvania
$289M +$4.78M +58,303 +2%
MIS
17
Morningstar Investment Services
Illinois
$269M +$34.4M +419,443 +15%
Ameriprise
18
Ameriprise
Minnesota
$268M -$84.3M -1,027,707 -24%
Betterment LLC
19
Betterment LLC
New York
$268M +$29.6M +360,752 +12%
LNC
20
Lincoln National Corp
Pennsylvania
$200M +$8.76M +106,766 +5%
Goldman Sachs
21
Goldman Sachs
New York
$191M +$24.7M +300,507 +15%
Citigroup
22
Citigroup
New York
$183M +$82.5M +1,006,141 +82%
Natixis Advisors
23
Natixis Advisors
Massachusetts
$170M +$6.08M +74,114 +4%
TAIM
24
TD Ameritrade Investment Management
Nebraska
$148M +$11.3M +137,414 +8%
DDSF
25
Diana Davis Spencer Foundation
Maryland
$132M

BND Hedge Fund Activity: Q3 2017 in Review

583 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q3 2017, worth a combined $24.2B — up 6.6% from $22.7B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new BND positions and 35 closed out — a net gain of 20 holders — while 284 added to existing stakes and 174 trimmed.

The largest buyer was Envestnet Asset Management, adding an estimated $681M. The largest seller was Toews Corporation, cutting an estimated $85.5M.

  • 583 institutional investors held Vanguard Total Bond Market (BND) as of Q3 2017, up from 570 in Q2 2017.
  • Funds reported $24.2B of Vanguard Total Bond Market stock for Q3 2017, up 6.6% quarter-over-quarter.
  • 55 funds opened new Vanguard Total Bond Market positions in Q3 2017 and 35 closed out, a net change of +20 holders.
  • The largest Vanguard Total Bond Market buyer in Q3 2017 was Envestnet Asset Management, an estimated $681M added.
  • The largest Vanguard Total Bond Market seller in Q3 2017 was Toews Corporation, an estimated $85.5M sold.

Based on aggregated 13F filings for Q3 2017.