FlexShares Core Select Bond Fund
BNDC
6 hedge funds and large institutions have $17.7M invested in FlexShares Core Select Bond Fund in 2019 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
0% more funds holding
Funds holding: 6 → 6 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
13.55% less ownership
Funds ownership: 96.08% → 82.52% (-14%)
39% less capital invested
Capital invested by funds: $29.2M → $17.7M (-$11.5M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$3.08M |
| 2 |
PNC
Park National Corp
Newark,
Ohio
|
+$314K |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$252K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$166K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EBT
Enterprise Bank & Trust
Lowell,
Massachusetts
|
-$15.1M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$12.5M |
| 3 |
Jane Street
New York
|
-$1.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Commonwealth Equity Services
Waltham,
Massachusetts
| $6.58M | +$166K | +6,703 | +3% |
|
|
CAN
2
Cetera Advisor Networks
El Segundo,
California
| $5.94M | +$3.08M | +124,281 | +112% |
|
|
PNC
3
Park National Corp
Newark,
Ohio
| $3.56M | +$314K | +12,681 | +10% |
|
|
4
Northern Trust
Chicago,
Illinois
| $737K | -$12.5M | -503,955 | -95% |
|
|
5
Jane Street
New York
| $630K | -$1.15M | -46,619 | -65% |
|
|
SPC
6
Sigma Planning Corp
Ann Arbor,
Michigan
| $257K | +$252K | +10,190 | New |
|
|
EBT
7
Enterprise Bank & Trust
Lowell,
Massachusetts
| – | -$15.1M | -612,020 | Closed |
|
BNDC Hedge Fund Activity: Q2 2019 in Review
6 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in FlexShares Core Select Bond Fund (BNDC) for Q2 2019, worth a combined $17.7M — down 39% from $29.2M a quarter earlier.
Fund positioning in BNDC was balanced in Q2 2019: 1 fund opened new positions, 1 closed out, 3 added to existing stakes and 2 trimmed.
The largest buyer was Cetera Advisor Networks, adding an estimated $3.08M. The largest seller was Enterprise Bank & Trust, exiting entirely with an estimated $15.1M sold.
- 6 institutional investors held FlexShares Core Select Bond Fund (BNDC) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $17.7M of FlexShares Core Select Bond Fund stock for Q2 2019, down 39% quarter-over-quarter.
- 1 fund opened new FlexShares Core Select Bond Fund positions in Q2 2019 and 1 closed out, a net change of 0 holders.
- The largest FlexShares Core Select Bond Fund buyer in Q2 2019 was Cetera Advisor Networks, an estimated $3.08M added.
- The largest FlexShares Core Select Bond Fund seller in Q2 2019 was Enterprise Bank & Trust, an estimated $15.1M sold.
Based on aggregated 13F filings for Q2 2019.