Vanguard Total Bond Market
BND
583 hedge funds and large institutions have $24.3B invested in Vanguard Total Bond Market in 2017 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 285 increasing their positions, 173 reducing their positions, and 35 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 285 | Existing positions reduced: 173
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 → $24.3B (+$1.51B)
6% more funds holding in top 10
Funds holding in top 10: 109 → 115 (+6)
2% more funds holding
Funds holding: 570 → 583 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$681M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
+$234M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$162M |
| 4 |
Citigroup
New York
|
+$82.5M |
| 5 |
LPL Financial
San Diego,
California
|
+$72.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Toews Corporation
Northfield,
New Jersey
|
-$85.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$84.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$35.7M |
| 4 |
MFRM
Milliman Financial Risk Management
Chicago,
Illinois
|
-$28M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$18.3M |
BND Hedge Fund Activity: Q3 2017 in Review
583 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q3 2017, worth a combined $24.3B — up 6.7% 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 285 added to existing stakes and 173 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 $24.3B of Vanguard Total Bond Market stock for Q3 2017, up 6.7% 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.