FlexShares Core Select Bond Fund
BNDC
21 hedge funds and large institutions have $68.2M invested in FlexShares Core Select Bond Fund in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 3 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
0.23% more ownership
Funds ownership: 80.29% → 80.52% (+0.23%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less capital invested
Capital invested by funds: $72.2M → $68.2M (-$4.06M)
9% less funds holding
Funds holding: 23 → 21 (-2)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$10.3M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$975K |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$323K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$245K |
| 5 |
PNC
Park National Corp
Newark,
Ohio
|
+$236K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
CoreCap Advisors
Southfield,
Michigan
|
-$469K |
| 2 |
FNWM
Financial Network Wealth Management
Draper,
Utah
|
-$308K |
| 3 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
-$191K |
| 4 |
PFGIA
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
|
-$98K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$67K |
BNDC Hedge Fund Activity: Q3 2022 in Review
21 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in FlexShares Core Select Bond Fund (BNDC) for Q3 2022, worth a combined $68.2M — down 5.6% from $72.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BNDC and 2 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 11 added.
The largest buyer was Northern Trust, adding an estimated $10.3M. The largest seller was CoreCap Advisors, cutting an estimated $469K.
- 21 institutional investors held FlexShares Core Select Bond Fund (BNDC) as of Q3 2022, down from 23 in Q2 2022.
- Funds reported $68.2M of FlexShares Core Select Bond Fund stock for Q3 2022, down 5.6% quarter-over-quarter.
- 2 funds opened new FlexShares Core Select Bond Fund positions in Q3 2022 and 3 closed out, a net change of -1 holder.
- The largest FlexShares Core Select Bond Fund buyer in Q3 2022 was Northern Trust, an estimated $10.3M added.
- The largest FlexShares Core Select Bond Fund seller in Q3 2022 was CoreCap Advisors, an estimated $469K sold.
Based on aggregated 13F filings for Q3 2022.