Vanguard Total Bond Market
BND
1,260 hedge funds and large institutions have $54.1B invested in Vanguard Total Bond Market in 2023 Q1 according to their latest regulatory filings, with 131 funds opening new positions, 528 increasing their positions, 476 reducing their positions, and 89 closing their positions.
154% more call options, than puts
Call options by funds: $9.43M | Put options by funds: $3.72M
47% more first-time investments, than exits
New positions opened: 131 | Existing positions closed: 89
11% more repeat investments, than reductions
Existing positions increased: 528 | Existing positions reduced: 476
7% more capital invested
Capital invested by funds: $50.8B → $54.1B (+$3.35B)
1% more funds holding
Funds holding: 1,248 → 1,260 (+12)
0.28% less ownership
Funds ownership: 60.15% → 59.87% (-0.28%)
6% less funds holding in top 10
Funds holding in top 10: 210 → 198 (-12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$720M |
| 2 |
JP Morgan Chase
New York
|
+$313M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$238M |
| 4 |
CIAS
CBIZ Investment Advisory Services
Independence,
Ohio
|
+$196M |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$195M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$260M |
| 2 |
State Street
Boston,
Massachusetts
|
-$171M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$136M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$68.6M |
| 5 |
BlackRock
New York
|
-$48.5M |
BND Hedge Fund Activity: Q1 2023 in Review
1,260 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Vanguard Total Bond Market (BND) for Q1 2023, worth a combined $54.1B — up 6.6% from $50.8B a quarter earlier.
Buyers outnumbered sellers: 131 funds opened new BND positions and 89 closed out — a net gain of 42 holders — while 528 added to existing stakes and 476 trimmed.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $720M. The largest seller was Jane Street, cutting an estimated $260M.
- 1,260 institutional investors held Vanguard Total Bond Market (BND) as of Q1 2023, up from 1,248 in Q4 2022.
- Funds reported $54.1B of Vanguard Total Bond Market stock for Q1 2023, up 6.6% quarter-over-quarter.
- 131 funds opened new Vanguard Total Bond Market positions in Q1 2023 and 89 closed out, a net change of +42 holders.
- The largest Vanguard Total Bond Market buyer in Q1 2023 was Northwestern Mutual Wealth Management, an estimated $720M added.
- The largest Vanguard Total Bond Market seller in Q1 2023 was Jane Street, an estimated $260M sold.
Based on aggregated 13F filings for Q1 2023.