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Vanguard Total Bond Market

878 hedge funds and large institutions have $29.9B invested in Vanguard Total Bond Market in 2019 Q4 according to their latest regulatory filings, with 168 funds opening new positions, 385 increasing their positions, 230 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

229% more first-time investments, than exits

New positions opened: 168 | Existing positions closed: 51

67% more repeat investments, than reductions

Existing positions increased: 385 | Existing positions reduced: 230

14% more funds holding

Funds holding: 773878 (+105)

7% more funds holding in top 10

Funds holding in top 10: 124133 (+9)

2% more capital invested

Capital invested by funds: $29.2B → $29.9B (+$718M)

6% less call options, than puts

Call options by funds: $1.12M | Put options by funds: $1.19M

3.02% less ownership

Funds ownership: 64.49%61.48% (-3%)

Holders
878
Holders Change
+105
Holders Change %
+13.58%
% of All Funds
17.3%
Holding in Top 10
133
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+7.26%
% of All Funds
2.62%
New
168
Increased
385
Reduced
230
Closed
51
Calls
$1.12M
Puts
$1.19M
Net Calls
-$67K
Net Calls Change
+$169K
Name Holding Trade Value Shares
Change
Change in
Stake
Jones Financial Companies
1
Jones Financial Companies
Missouri
$3.23B -$19.4M -231,310 -0.6%
Northwestern Mutual Wealth Management
2
Northwestern Mutual Wealth Management
Wisconsin
$2.09B +$148M +1,764,672 +8%
MFRM
3
Milliman Financial Risk Management
Illinois
$1.97B +$60.4M +718,293 +3%
Wells Fargo
4
Wells Fargo
California
$1.84B +$328M +3,896,292 +22%
LPL Financial
5
LPL Financial
California
$1.5B +$76.5M +909,346 +5%
Manulife (Manufacturers Life Insurance)
6
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.34B +$60M +714,064 +5%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$1.25B +$85.1M +1,011,767 +7%
BlackRock
8
BlackRock
New York
$1.24B +$67.2M +799,485 +6%
SEI Investments
9
SEI Investments
Pennsylvania
$1.07B +$65.7M +781,695 +7%
QI
10
QS Investors
New York
$860M -$289M -3,439,810 -25%
Morgan Stanley
11
Morgan Stanley
New York
$701M -$2.61M -31,060 -0.4%
Bank of America
12
Bank of America
North Carolina
$547M +$18.1M +214,710 +3%
Vanguard Group
13
Vanguard Group
Pennsylvania
$542M +$74M +879,907 +16%
PNC Financial Services Group
14
PNC Financial Services Group
Pennsylvania
$496M +$12.2M +145,113 +3%
MIS
15
Morningstar Investment Services
Illinois
$461M +$6.59M +78,329 +1%
RIG
16
RiverFront Investment Group
Virginia
$405M -$5.78M -68,797 -1%
State Street
17
State Street
Massachusetts
$398M -$52.5M -624,701 -12%
UBS Group
18
UBS Group
Switzerland
$316M +$7.29M +86,740 +2%
LNC
19
Lincoln National Corp
Pennsylvania
$292M +$16.8M +200,032 +6%
Goldman Sachs
20
Goldman Sachs
New York
$290M +$86.9M +1,033,836 +43%
Citigroup
21
Citigroup
New York
$275M -$71M -844,458 -20%
Ameriprise
22
Ameriprise
Minnesota
$272M +$6.48M +77,123 +2%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$219M +$11.7M +139,565 +6%
Creative Planning
24
Creative Planning
Kansas
$211M +$2.64M +31,391 +1%
Betterment LLC
25
Betterment LLC
New York
$187M -$10.2M -121,632 -5%

BND Hedge Fund Activity: Q4 2019 in Review

878 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q4 2019, worth a combined $29.9B — up 2.5% from $29.2B a quarter earlier.

Buyers outnumbered sellers: 168 funds opened new BND positions and 51 closed out — a net gain of 117 holders — while 385 added to existing stakes and 230 trimmed.

The largest buyer was Wells Fargo, adding an estimated $328M. The largest seller was M&T Bank, exiting entirely with an estimated $294M sold.

  • 878 institutional investors held Vanguard Total Bond Market (BND) as of Q4 2019, up from 773 in Q3 2019.
  • Funds reported $29.9B of Vanguard Total Bond Market stock for Q4 2019, up 2.5% quarter-over-quarter.
  • 168 funds opened new Vanguard Total Bond Market positions in Q4 2019 and 51 closed out, a net change of +117 holders.
  • The largest Vanguard Total Bond Market buyer in Q4 2019 was Wells Fargo, an estimated $328M added.
  • The largest Vanguard Total Bond Market seller in Q4 2019 was M&T Bank, an estimated $294M sold.

Based on aggregated 13F filings for Q4 2019.