Fidelity Total Bond ETF
FBND
788 hedge funds and large institutions have $22.2B invested in Fidelity Total Bond ETF in 2026 Q2 according to their latest regulatory filings, with 86 funds opening new positions, 455 increasing their positions, 188 reducing their positions, and 40 closing their positions.
142% more repeat investments, than reductions
Existing positions increased: 455 | Existing positions reduced: 188
115% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 40
6% more capital invested
Capital invested by funds: $20.9B → $22.2B (+$1.26B)
4% more funds holding
Funds holding: 755 → 788 (+33)
0.62% less ownership
Funds ownership: 83.93% → 83.31% (-0.62%)
2% less funds holding in top 10
Funds holding in top 10: 179 → 176 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$265M |
| 2 |
WA
Waverly Advisors
Birmingham,
Alabama
|
+$147M |
| 3 |
MWM
Modern Wealth Management
Lenexa,
Kansas
|
+$141M |
| 4 |
LPL Financial
San Diego,
California
|
+$110M |
| 5 |
LWMT
Legacy Wealth Management (Tennessee)
Memphis,
Tennessee
|
+$91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
-$89.2M |
| 2 |
TWP
Triad Wealth Partners
Lawrence,
Kansas
|
-$52M |
| 3 |
AF
Allworth Financial
Folsom,
California
|
-$47M |
| 4 |
HBFP
Henderson Brothers Financial Partners
Pittsburgh,
Pennsylvania
|
-$37.6M |
| 5 |
Jane Street
New York
|
-$36M |
FBND Hedge Fund Activity: Q2 2026 in Review
788 of the 8,263 institutional investors tracked by Wall St. Rank reported a position in Fidelity Total Bond ETF (FBND) for Q2 2026, worth a combined $22.2B — up 6% from $20.9B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new FBND positions and 40 closed out — a net gain of 46 holders — while 455 added to existing stakes and 188 trimmed.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $265M. The largest seller was Gallagher Fiduciary Advisors, cutting an estimated $89.2M.
- 788 institutional investors held Fidelity Total Bond ETF (FBND) as of Q2 2026, up from 755 in Q1 2026.
- Funds reported $22.2B of Fidelity Total Bond ETF stock for Q2 2026, up 6% quarter-over-quarter.
- 86 funds opened new Fidelity Total Bond ETF positions in Q2 2026 and 40 closed out, a net change of +46 holders.
- The largest Fidelity Total Bond ETF buyer in Q2 2026 was Northwestern Mutual Wealth Management, an estimated $265M added.
- The largest Fidelity Total Bond ETF seller in Q2 2026 was Gallagher Fiduciary Advisors, an estimated $89.2M sold.
Based on aggregated 13F filings for Q2 2026.