FlexShares Core Select Bond Fund
BNDC
15 hedge funds and large institutions have $41.4M invested in FlexShares Core Select Bond Fund in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 1 reducing their positions, and 2 closing their positions.
1,100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 1
0% more funds holding
Funds holding: 15 → 15 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
6.3% less ownership
Funds ownership: 58.25% → 51.95% (-6.3%)
8% less capital invested
Capital invested by funds: $44.8M → $41.4M (-$3.42M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$5.69M |
| 2 |
PNC
Park National Corp
Newark,
Ohio
|
+$1.55M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.02M |
| 4 |
3AM
3D Asset Management
Hartford,
Connecticut
|
+$746K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$458K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$8.17M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$370K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$310K |
BNDC Hedge Fund Activity: Q3 2020 in Review
15 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in FlexShares Core Select Bond Fund (BNDC) for Q3 2020, worth a combined $41.4M — down 7.6% from $44.8M a quarter earlier.
Fund positioning in BNDC was balanced in Q3 2020: 2 funds opened new positions, 2 closed out, 12 added to existing stakes and 1 trimmed.
The largest buyer was Northern Trust, adding an estimated $5.69M. The largest seller was Cetera Advisor Networks, cutting an estimated $8.17M.
- 15 institutional investors held FlexShares Core Select Bond Fund (BNDC) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $41.4M of FlexShares Core Select Bond Fund stock for Q3 2020, down 7.6% quarter-over-quarter.
- 2 funds opened new FlexShares Core Select Bond Fund positions in Q3 2020 and 2 closed out, a net change of 0 holders.
- The largest FlexShares Core Select Bond Fund buyer in Q3 2020 was Northern Trust, an estimated $5.69M added.
- The largest FlexShares Core Select Bond Fund seller in Q3 2020 was Cetera Advisor Networks, an estimated $8.17M sold.
Based on aggregated 13F filings for Q3 2020.