FlexShares Core Select Bond Fund
BNDC
4 hedge funds and large institutions have $12M invested in FlexShares Core Select Bond Fund in 2018 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
10% more capital invested
Capital invested by funds: $10.9M → $12M (+$1.11M)
0.86% more ownership
Funds ownership: 57.86% → 58.73% (+0.86%)
20% less funds holding
Funds holding: 5 → 4 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$5.12M |
| 2 |
PNC
Park National Corp
Newark,
Ohio
|
+$1.11M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$765K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$337K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$46K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PNC
1
Park National Corp
Newark,
Ohio
| $5.47M | +$1.11M | +46,684 | +26% |
|
|
2
Commonwealth Equity Services
Waltham,
Massachusetts
| $5.26M | -$765K | -32,059 | -13% |
|
|
CAN
3
Cetera Advisor Networks
El Segundo,
California
| $1.1M | +$1.1M | +45,981 | New |
|
|
4
Northern Trust
Chicago,
Illinois
| $142K | +$5.12M | +214,309 | +57% |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$337K | -13,997 | Closed |
|
|
6
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$46K | -1,900 | Closed |
|
BNDC Hedge Fund Activity: Q4 2018 in Review
4 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in FlexShares Core Select Bond Fund (BNDC) for Q4 2018, worth a combined $12M — up 10% from $10.9M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BNDC and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 2 added.
The largest buyer was Northern Trust, adding an estimated $5.12M. The largest seller was Commonwealth Equity Services, cutting an estimated $765K.
- 4 institutional investors held FlexShares Core Select Bond Fund (BNDC) as of Q4 2018, down from 5 in Q3 2018.
- Funds reported $12M of FlexShares Core Select Bond Fund stock for Q4 2018, up 10% quarter-over-quarter.
- 1 fund opened new FlexShares Core Select Bond Fund positions in Q4 2018 and 2 closed out, a net change of -1 holder.
- The largest FlexShares Core Select Bond Fund buyer in Q4 2018 was Northern Trust, an estimated $5.12M added.
- The largest FlexShares Core Select Bond Fund seller in Q4 2018 was Commonwealth Equity Services, an estimated $765K sold.
Based on aggregated 13F filings for Q4 2018.