FlexShares Core Select Bond Fund
BNDC
27 hedge funds and large institutions have $165M invested in FlexShares Core Select Bond Fund in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 3 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
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: 3 | Existing positions closed: 3
1.23% less ownership
Funds ownership: 87.65% → 86.42% (-1.2%)
6% less capital invested
Capital invested by funds: $175M → $165M (-$9.81M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.07M |
| 2 |
OAM
Occidental Asset Management
Burlingame,
California
|
+$1.72M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.46M |
| 4 |
PNC
Park National Corp
Newark,
Ohio
|
+$644K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$349K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$3.85M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$2.86M |
| 3 |
Jane Street
New York
|
-$890K |
| 4 |
UB
UMB Bank
Kansas City,
Missouri
|
-$792K |
| 5 |
FNWM
Financial Network Wealth Management
Draper,
Utah
|
-$694K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Osaic Holdings
Scottsdale,
Arizona
| $15.2K | -$42.2K | -1,941 | -73% |
|
|
KFS
27
Kelly Financial Services
Braintree,
Massachusetts
| $3.69K | – | – | – |
|
|
UB
28
UMB Bank
Kansas City,
Missouri
| – | -$792K | -35,803 | Closed |
|
29
Morgan Stanley
New York
| – | -$36.4K | -1,644 | Closed |
|
30
Fidelity Investments
Boston,
Massachusetts
| – | -$22 | -1 | Closed |
|
BNDC Hedge Fund Activity: Q3 2023 in Review
27 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in FlexShares Core Select Bond Fund (BNDC) for Q3 2023, worth a combined $165M — down 5.6% from $175M a quarter earlier.
Fund positioning in BNDC was balanced in Q3 2023: 3 funds opened new positions, 3 closed out, 11 added to existing stakes and 10 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $2.07M. The largest seller was Commonwealth Equity Services, cutting an estimated $3.85M.
- 27 institutional investors held FlexShares Core Select Bond Fund (BNDC) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $165M of FlexShares Core Select Bond Fund stock for Q3 2023, down 5.6% quarter-over-quarter.
- 3 funds opened new FlexShares Core Select Bond Fund positions in Q3 2023 and 3 closed out, a net change of 0 holders.
- The largest FlexShares Core Select Bond Fund buyer in Q3 2023 was Envestnet Asset Management, an estimated $2.07M added.
- The largest FlexShares Core Select Bond Fund seller in Q3 2023 was Commonwealth Equity Services, an estimated $3.85M sold.
Based on aggregated 13F filings for Q3 2023.