Vanguard Total Bond Market
BND
928 hedge funds and large institutions have $34.2B invested in Vanguard Total Bond Market in 2020 Q2 according to their latest regulatory filings, with 112 funds opening new positions, 450 increasing their positions, 252 reducing their positions, and 59 closing their positions.
90% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 59
79% more repeat investments, than reductions
Existing positions increased: 450 | Existing positions reduced: 252
55% more call options, than puts
Call options by funds: $3.31M | Put options by funds: $2.13M
12% more capital invested
Capital invested by funds: $30.5B → $34.2B (+$3.62B)
5% more funds holding
Funds holding: 883 → 928 (+45)
0.07% less ownership
Funds ownership: 61.04% → 60.96% (-0.07%)
2% less funds holding in top 10
Funds holding in top 10: 157 → 154 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$612M |
| 2 |
MFRM
Milliman Financial Risk Management
Chicago,
Illinois
|
+$497M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$305M |
| 4 |
LPL Financial
San Diego,
California
|
+$203M |
| 5 |
TC
Toews Corporation
Northfield,
New Jersey
|
+$136M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$249M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$184M |
| 3 |
Jones Financial Companies
Des Peres,
Missouri
|
-$142M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$132M |
| 5 |
Jane Street
New York
|
-$86M |
BND Hedge Fund Activity: Q2 2020 in Review
928 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q2 2020, worth a combined $34.2B — up 12% from $30.5B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new BND positions and 59 closed out — a net gain of 53 holders — while 450 added to existing stakes and 252 trimmed.
The largest buyer was Bank of America, adding an estimated $612M. The largest seller was Citadel Advisors, exiting entirely with an estimated $249M sold.
- 928 institutional investors held Vanguard Total Bond Market (BND) as of Q2 2020, up from 883 in Q1 2020.
- Funds reported $34.2B of Vanguard Total Bond Market stock for Q2 2020, up 12% quarter-over-quarter.
- 112 funds opened new Vanguard Total Bond Market positions in Q2 2020 and 59 closed out, a net change of +53 holders.
- The largest Vanguard Total Bond Market buyer in Q2 2020 was Bank of America, an estimated $612M added.
- The largest Vanguard Total Bond Market seller in Q2 2020 was Citadel Advisors, an estimated $249M sold.
Based on aggregated 13F filings for Q2 2020.