FlexShares Core Select Bond Fund
BNDC
30 hedge funds and large institutions have $139M invested in FlexShares Core Select Bond Fund in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
11% more funds holding
Funds holding: 27 → 30 (+3)
3.51% more ownership
Funds ownership: 81.04% → 84.55% (+3.5%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $142M → $139M (-$3.1M)
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.4M |
| 2 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$642K |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$481K |
| 4 |
ACM
Absolute Capital Management
Pittsburgh,
Pennsylvania
|
+$315K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$304K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$2.81M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.48M |
| 3 |
PNC
Park National Corp
Newark,
Ohio
|
-$1.22M |
| 4 |
OAM
Occidental Asset Management
Burlingame,
California
|
-$516K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$157K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $70.3K | +$69.9K | +3,212 | New |
|
27
Comerica Bank
Dallas,
Texas
| $51.8K | +$51.5K | +2,365 | New |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $25K | – | – | – |
|
|
MG
29
Mather Group
Chicago,
Illinois
| $5.41K | -$5.88K | -270 | -52% |
|
30
UBS Group
Zurich,
Switzerland
| $1.82K | +$1.81K | +83 | New |
|
|
SIS
31
Sound Income Strategies
Ft Lauderdale,
Florida
| $1 | -$22 | -1 | Closed |
|
BNDC Hedge Fund Activity: Q2 2024 in Review
30 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in FlexShares Core Select Bond Fund (BNDC) for Q2 2024, worth a combined $139M — down 2.2% from $142M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BNDC positions and 1 closed out — a net gain of 4 holders — while 8 added to existing stakes and 14 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $2.4M. The largest seller was Northern Trust, cutting an estimated $2.81M.
- 30 institutional investors held FlexShares Core Select Bond Fund (BNDC) as of Q2 2024, up from 27 in Q1 2024.
- Funds reported $139M of FlexShares Core Select Bond Fund stock for Q2 2024, down 2.2% quarter-over-quarter.
- 5 funds opened new FlexShares Core Select Bond Fund positions in Q2 2024 and 1 closed out, a net change of +4 holders.
- The largest FlexShares Core Select Bond Fund buyer in Q2 2024 was Jane Street, an estimated $2.4M added.
- The largest FlexShares Core Select Bond Fund seller in Q2 2024 was Northern Trust, an estimated $2.81M sold.
Based on aggregated 13F filings for Q2 2024.