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Vanguard Total Bond Market

675 hedge funds and large institutions have $25.9B invested in Vanguard Total Bond Market in 2018 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 286 increasing their positions, 240 reducing their positions, and 60 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 60

19% more repeat investments, than reductions

Existing positions increased: 286 | Existing positions reduced: 240

2.29% more ownership

Funds ownership: 68.17%70.46% (+2.3%)

1% more funds holding

Funds holding: 668675 (+7)

2% more capital invested

Capital invested by funds: $25.4B → $25.9B (+$547M)

6% less call options, than puts

Call options by funds: $464K | Put options by funds: $496K

8% less funds holding in top 10

Funds holding in top 10: 134123 (-11)

Holders
675
Holders Change
+7
Holders Change %
+1.05%
% of All Funds
15.47%
Holding in Top 10
123
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-8.21%
% of All Funds
2.82%
New
72
Increased
286
Reduced
240
Closed
60
Calls
$464K
Puts
$496K
Net Calls
-$32K
Net Calls Change
-$178K
Name Holding Trade Value Shares
Change
Change in
Stake
Jones Financial Companies
1
Jones Financial Companies
Missouri
$4.4B +$87.7M +1,095,800 +2%
MFRM
2
Milliman Financial Risk Management
Illinois
$2.36B +$17.9M +224,188 +0.8%
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$1.84B +$268M +3,346,030 +17%
Northwestern Mutual Wealth Management
4
Northwestern Mutual Wealth Management
Wisconsin
$1.39B +$166M +2,072,414 +14%
Wells Fargo
5
Wells Fargo
California
$1.3B -$205M -2,563,901 -14%
QI
6
QS Investors
New York
$1.3B +$347M +4,328,897 +36%
Manulife (Manufacturers Life Insurance)
7
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.25B -$13.7M -171,588 -1%
LPL Financial
8
LPL Financial
California
$930M +$38.7M +483,597 +4%
SEI Investments
9
SEI Investments
Pennsylvania
$903M +$202M +2,520,782 +29%
Morgan Stanley
10
Morgan Stanley
New York
$673M +$33M +412,618 +5%
BlackRock
11
BlackRock
New York
$416M +$16.8M +209,799 +4%
Bank of America
12
Bank of America
North Carolina
$412M -$14.5M -180,758 -3%
State Street
13
State Street
Massachusetts
$386M +$38.8M +484,875 +11%
MIS
14
Morningstar Investment Services
Illinois
$374M +$69.6M +868,966 +23%
UBS Group
15
UBS Group
Switzerland
$340M +$605K +7,554 +0.2%
WIM
16
Windhaven Investment Management
Massachusetts
$332M +$4.36M +54,513 +1%
PNC Financial Services Group
17
PNC Financial Services Group
Pennsylvania
$305M +$9.81M +122,586 +3%
Betterment LLC
18
Betterment LLC
New York
$225M -$15.4M -192,315 -6%
LNC
19
Lincoln National Corp
Pennsylvania
$225M +$15M +187,444 +7%
Citigroup
20
Citigroup
New York
$219M +$27.3M +340,462 +14%
USAA
21
United Services Automobile Association
Texas
$183M +$13.1M +163,410 +8%
Ameriprise
22
Ameriprise
Minnesota
$181M -$14.8M -184,763 -8%
Natixis Advisors
23
Natixis Advisors
Massachusetts
$177M +$4.98M +62,221 +3%
TAIM
24
TD Ameritrade Investment Management
Nebraska
$163M +$11.8M +147,746 +8%
M&T Bank
25
M&T Bank
New York
$157M +$27.2M +340,091 +21%

BND Hedge Fund Activity: Q1 2018 in Review

675 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q1 2018, worth a combined $25.9B — up 2.2% from $25.4B a quarter earlier.

Buyers outnumbered sellers: 72 funds opened new BND positions and 60 closed out — a net gain of 12 holders — while 286 added to existing stakes and 240 trimmed.

The largest buyer was QS Investors, adding an estimated $347M. The largest seller was Wells Fargo, cutting an estimated $205M.

  • 675 institutional investors held Vanguard Total Bond Market (BND) as of Q1 2018, up from 668 in Q4 2017.
  • Funds reported $25.9B of Vanguard Total Bond Market stock for Q1 2018, up 2.2% quarter-over-quarter.
  • 72 funds opened new Vanguard Total Bond Market positions in Q1 2018 and 60 closed out, a net change of +12 holders.
  • The largest Vanguard Total Bond Market buyer in Q1 2018 was QS Investors, an estimated $347M added.
  • The largest Vanguard Total Bond Market seller in Q1 2018 was Wells Fargo, an estimated $205M sold.

Based on aggregated 13F filings for Q1 2018.