FlexShares Core Select Bond Fund
BNDC
22 hedge funds and large institutions have $134M invested in FlexShares Core Select Bond Fund in 2022 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 4 closing their positions.
96% more capital invested
Capital invested by funds: $68.2M → $134M (+$65.4M)
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
5% more funds holding
Funds holding: 21 → 22 (+1)
0.36% more ownership
Funds ownership: 80.52% → 80.88% (+0.36%)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$2.34M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.82M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$438K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$425K |
| 5 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
+$406K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FNWM
Financial Network Wealth Management
Draper,
Utah
|
-$2.65M |
| 2 |
Jane Street
New York
|
-$723K |
| 3 |
CA
CoreCap Advisors
Southfield,
Michigan
|
-$611K |
| 4 |
SCA
Snowden Capital Advisors
New York
|
-$544K |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$308K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| – | -$108K | -4,968 | Closed |
|
BNDC Hedge Fund Activity: Q4 2022 in Review
22 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in FlexShares Core Select Bond Fund (BNDC) for Q4 2022, worth a combined $134M — up 96% from $68.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BNDC positions and 4 closed out — a net gain of 1 holder — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Northern Trust, adding an estimated $2.34M. The largest seller was Financial Network Wealth Management, cutting an estimated $2.65M.
- 22 institutional investors held FlexShares Core Select Bond Fund (BNDC) as of Q4 2022, up from 21 in Q3 2022.
- Funds reported $134M of FlexShares Core Select Bond Fund stock for Q4 2022, up 96% quarter-over-quarter.
- 5 funds opened new FlexShares Core Select Bond Fund positions in Q4 2022 and 4 closed out, a net change of +1 holder.
- The largest FlexShares Core Select Bond Fund buyer in Q4 2022 was Northern Trust, an estimated $2.34M added.
- The largest FlexShares Core Select Bond Fund seller in Q4 2022 was Financial Network Wealth Management, an estimated $2.65M sold.
Based on aggregated 13F filings for Q4 2022.