FlexShares Core Select Bond Fund
BNDC
27 hedge funds and large institutions have $146M invested in FlexShares Core Select Bond Fund in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
23% more funds holding
Funds holding: 22 → 27 (+5)
9% more capital invested
Capital invested by funds: $134M → $146M (+$12.4M)
0.31% less ownership
Funds ownership: 80.88% → 80.57% (-0.31%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Occidental Asset Management
Burlingame,
California
|
+$13.8M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.58M |
| 3 |
CRI
Colonial River Investments
Midlothian,
Virginia
|
+$1.48M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$843K |
| 5 |
FNWM
Financial Network Wealth Management
Draper,
Utah
|
+$403K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$807K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$182K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$20.3K |
| 4 |
JP Morgan Chase
New York
|
-$9K |
| 5 |
PNC
Park National Corp
Newark,
Ohio
|
-$8.76K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Commonwealth Equity Services
Waltham,
Massachusetts
| $5.33K | +$272K | +12,172 | +5% |
|
|
KFS
27
Kelly Financial Services
Braintree,
Massachusetts
| $4.04K | +$4K | +179 | New |
|
|
28
JP Morgan Chase
New York
| – | -$9K | -408 | Closed |
|
29
Fidelity Investments
Boston,
Massachusetts
| – | -$44 | -2 | Closed |
|
BNDC Hedge Fund Activity: Q1 2023 in Review
27 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in FlexShares Core Select Bond Fund (BNDC) for Q1 2023, worth a combined $146M — up 9.3% from $134M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BNDC positions and 2 closed out — a net gain of 6 holders — while 12 added to existing stakes and 4 trimmed.
The largest buyer was Occidental Asset Management, opening a new position worth an estimated $13.8M. The largest seller was Northern Trust, cutting an estimated $807K.
- 27 institutional investors held FlexShares Core Select Bond Fund (BNDC) as of Q1 2023, up from 22 in Q4 2022.
- Funds reported $146M of FlexShares Core Select Bond Fund stock for Q1 2023, up 9.3% quarter-over-quarter.
- 8 funds opened new FlexShares Core Select Bond Fund positions in Q1 2023 and 2 closed out, a net change of +6 holders.
- The largest FlexShares Core Select Bond Fund buyer in Q1 2023 was Occidental Asset Management, an estimated $13.8M added.
- The largest FlexShares Core Select Bond Fund seller in Q1 2023 was Northern Trust, an estimated $807K sold.
Based on aggregated 13F filings for Q1 2023.