FlexShares Core Select Bond Fund
BNDC
30 hedge funds and large institutions have $163M invested in FlexShares Core Select Bond Fund in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
11% more funds holding
Funds holding: 27 → 30 (+3)
1.69% more ownership
Funds ownership: 86.42% → 88.11% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $165M → $163M (-$2.06M)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.12M |
| 2 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$1.12M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$365K |
| 4 |
AUB
Atlantic Union Bankshares
Glen Allen,
Virginia
|
+$352K |
| 5 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$342K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
CoreCap Advisors
Southfield,
Michigan
|
-$3.84M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$3.16M |
| 3 |
CRI
Colonial River Investments
Midlothian,
Virginia
|
-$1.76M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$1.48M |
| 5 |
OAM
Occidental Asset Management
Burlingame,
California
|
-$1.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $25K | – | – | – |
|
|
KFS
27
Kelly Financial Services
Braintree,
Massachusetts
| $3.89K | – | – | – |
|
28
UBS Group
Zurich,
Switzerland
| $984 | -$42.7K | -1,988 | -98% |
|
29
Morgan Stanley
New York
| $66 | +$43 | +2 | New |
|
30
Fidelity Investments
Boston,
Massachusetts
| $22 | +$21 | +1 | New |
|
|
31
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$3.16M | -149,354 | Closed |
|
|
3LCM
32
3D/L Capital Management
Hartford,
Connecticut
| – | -$990K | -46,723 | Closed |
|
33
Comerica Bank
Dallas,
Texas
| – | -$77.9K | -3,679 | Closed |
|
|
AC
34
AlphaCore Capital
La Jolla,
California
| – | -$17.5K | -827 | Closed |
|
BNDC Hedge Fund Activity: Q4 2023 in Review
30 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in FlexShares Core Select Bond Fund (BNDC) for Q4 2023, worth a combined $163M — down 1.2% from $165M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BNDC positions and 4 closed out — a net gain of 3 holders — while 8 added to existing stakes and 12 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $1.12M. The largest seller was CoreCap Advisors, cutting an estimated $3.84M.
- 30 institutional investors held FlexShares Core Select Bond Fund (BNDC) as of Q4 2023, up from 27 in Q3 2023.
- Funds reported $163M of FlexShares Core Select Bond Fund stock for Q4 2023, down 1.2% quarter-over-quarter.
- 7 funds opened new FlexShares Core Select Bond Fund positions in Q4 2023 and 4 closed out, a net change of +3 holders.
- The largest FlexShares Core Select Bond Fund buyer in Q4 2023 was Envestnet Asset Management, an estimated $1.12M added.
- The largest FlexShares Core Select Bond Fund seller in Q4 2023 was CoreCap Advisors, an estimated $3.84M sold.
Based on aggregated 13F filings for Q4 2023.