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Vanguard Total Bond Market

1,110 hedge funds and large institutions have $46.4B invested in Vanguard Total Bond Market in 2021 Q3 according to their latest regulatory filings, with 97 funds opening new positions, 537 increasing their positions, 340 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

153% more call options, than puts

Call options by funds: $8.53M | Put options by funds: $3.37M

58% more repeat investments, than reductions

Existing positions increased: 537 | Existing positions reduced: 340

56% more first-time investments, than exits

New positions opened: 97 | Existing positions closed: 62

1% more funds holding

Funds holding: 1,0961,110 (+14)

2% more capital invested

Capital invested by funds: $45.4B → $46.4B (+$997M)

1% less funds holding in top 10

Funds holding in top 10: 169168 (-1)

1.32% less ownership

Funds ownership: 57.71%56.39% (-1.3%)

Holders
1,110
Holders Change
+14
Holders Change %
+1.28%
% of All Funds
19.43%
Holding in Top 10
168
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-0.59%
% of All Funds
2.94%
New
97
Increased
537
Reduced
340
Closed
62
Calls
$8.53M
Puts
$3.37M
Net Calls
+$5.16M
Net Calls Change
-$1.67M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$3.83B +$199M +2,302,942 +5%
Northwestern Mutual Wealth Management
2
Northwestern Mutual Wealth Management
Wisconsin
$3.82B +$207M +2,400,803 +6%
Jones Financial Companies
3
Jones Financial Companies
Missouri
$3.56B +$92.3M +1,069,148 +3%
Creative Planning
4
Creative Planning
Kansas
$3.27B +$315M +3,648,866 +11%
LPL Financial
5
LPL Financial
California
$2.63B +$136M +1,577,709 +5%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$1.81B +$69M +798,679 +4%
JP Morgan Chase
7
JP Morgan Chase
New York
$1.62B +$22.5M +260,737 +1%
Manulife (Manufacturers Life Insurance)
8
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.39B -$145M -1,677,890 -9%
SEI Investments
9
SEI Investments
Pennsylvania
$1.39B +$60.2M +697,000 +4%
MFRM
10
Milliman Financial Risk Management
Illinois
$1.34B -$80.5M -931,948 -6%
Wells Fargo
11
Wells Fargo
California
$1.26B -$33.7M -389,782 -3%
BlackRock
12
BlackRock
New York
$1.21B -$33.2M -384,661 -3%
Vanguard Group
13
Vanguard Group
Pennsylvania
$1B +$107M +1,244,463 +12%
Franklin Resources
14
Franklin Resources
California
$926M +$934M +10,818,980 +61,904%
Bank of America
15
Bank of America
North Carolina
$744M -$558M -6,465,057 -43%
MIS
16
Morningstar Investment Services
Illinois
$695M +$22.5M +260,791 +3%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$624M +$11.7M +135,777 +2%
AF
18
Allworth Financial
California
$553M +$40.7M +471,541 +8%
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$519M -$894K -10,356 -0.2%
Goldman Sachs
20
Goldman Sachs
New York
$504M +$86.2M +998,419 +20%
Osaic Holdings
21
Osaic Holdings
Arizona
$425M +$40.7M +471,342 +10%
UBS Group
22
UBS Group
Switzerland
$350M +$9.78M +113,267 +3%
Truist Financial
23
Truist Financial
North Carolina
$334M +$18.9M +219,082 +6%
Ameriprise
24
Ameriprise
Minnesota
$317M -$17.4M -201,504 -5%
State Street
25
State Street
Massachusetts
$304M +$4.91M +56,858 +2%

BND Hedge Fund Activity: Q3 2021 in Review

1,110 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q3 2021, worth a combined $46.4B — up 2.2% from $45.4B a quarter earlier.

Buyers outnumbered sellers: 97 funds opened new BND positions and 62 closed out — a net gain of 35 holders — while 537 added to existing stakes and 340 trimmed.

The largest buyer was Franklin Resources, adding an estimated $934M. The largest seller was Bank of America, cutting an estimated $558M.

  • 1,110 institutional investors held Vanguard Total Bond Market (BND) as of Q3 2021, up from 1,096 in Q2 2021.
  • Funds reported $46.4B of Vanguard Total Bond Market stock for Q3 2021, up 2.2% quarter-over-quarter.
  • 97 funds opened new Vanguard Total Bond Market positions in Q3 2021 and 62 closed out, a net change of +35 holders.
  • The largest Vanguard Total Bond Market buyer in Q3 2021 was Franklin Resources, an estimated $934M added.
  • The largest Vanguard Total Bond Market seller in Q3 2021 was Bank of America, an estimated $558M sold.

Based on aggregated 13F filings for Q3 2021.