FlexShares Core Select Bond Fund
BNDC
27 hedge funds and large institutions have $175M invested in FlexShares Core Select Bond Fund in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 3 reducing their positions, and 5 closing their positions.
467% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 3
20% more capital invested
Capital invested by funds: $146M → $175M (+$29.1M)
7.07% more ownership
Funds ownership: 80.57% → 87.65% (+7.1%)
0% more funds holding
Funds holding: 27 → 27 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$6.69M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.63M |
| 3 |
OAM
Occidental Asset Management
Burlingame,
California
|
+$2.71M |
| 4 |
Jane Street
New York
|
+$2.64M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$606K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$405K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$233K |
| 4 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
-$206K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$30.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KFS
26
Kelly Financial Services
Braintree,
Massachusetts
| $3.85K | -$112 | -5 | -3% |
|
27
Fidelity Investments
Boston,
Massachusetts
| $22 | +$22 | +1 | New |
|
|
SPC
28
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$606K | -26,895 | Closed |
|
|
29
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$405K | -17,971 | Closed |
|
|
30
Citadel Advisors
Miami,
Florida
| – | -$233K | -10,332 | Closed |
|
|
31
UBS Group
Zurich,
Switzerland
| – | -$30.2K | -1,341 | Closed |
|
|
BAM
32
Belpointe Asset Management
Reno,
Nevada
| – | -$7.26K | -322 | Closed |
|
BNDC Hedge Fund Activity: Q2 2023 in Review
27 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in FlexShares Core Select Bond Fund (BNDC) for Q2 2023, worth a combined $175M — up 20% from $146M a quarter earlier.
Fund positioning in BNDC was balanced in Q2 2023: 5 funds opened new positions, 5 closed out, 17 added to existing stakes and 3 trimmed.
The largest buyer was Northern Trust, adding an estimated $6.69M. The largest seller was Sigma Planning Corp, exiting entirely with an estimated $606K sold.
- 27 institutional investors held FlexShares Core Select Bond Fund (BNDC) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $175M of FlexShares Core Select Bond Fund stock for Q2 2023, up 20% quarter-over-quarter.
- 5 funds opened new FlexShares Core Select Bond Fund positions in Q2 2023 and 5 closed out, a net change of 0 holders.
- The largest FlexShares Core Select Bond Fund buyer in Q2 2023 was Northern Trust, an estimated $6.69M added.
- The largest FlexShares Core Select Bond Fund seller in Q2 2023 was Sigma Planning Corp, an estimated $606K sold.
Based on aggregated 13F filings for Q2 2023.