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Fidelity Total Bond ETF

618 hedge funds and large institutions have $15.7B invested in Fidelity Total Bond ETF in 2025 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 334 increasing their positions, 172 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,965% more call options, than puts

Call options by funds: $1.61M | Put options by funds: $78K

94% more repeat investments, than reductions

Existing positions increased: 334 | Existing positions reduced: 172

62% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 45

13% more funds holding in top 10

Funds holding in top 10: 129146 (+17)

7% more capital invested

Capital invested by funds: $14.8B → $15.7B (+$976M)

3% more funds holding

Funds holding: 601618 (+17)

2.12% more ownership

Funds ownership: 84.34%86.46% (+2.1%)

Holders
618
Holders Change
+17
Holders Change %
+2.83%
% of All Funds
8.29%
Holding in Top 10
146
Holding in Top 10 Change
+17
Holding in Top 10 Change %
+13.18%
% of All Funds
1.96%
New
73
Increased
334
Reduced
172
Closed
45
Calls
$1.61M
Puts
$78K
Net Calls
+$1.53M
Net Calls Change
+$1.19M
Name Holding Trade Value Shares
Change
Change in
Stake
Northwestern Mutual Wealth Management
1
Northwestern Mutual Wealth Management
Wisconsin
$3.71B +$352M +7,778,802 +11%
Morgan Stanley
2
Morgan Stanley
New York
$1.6B -$9.99M -220,653 -0.6%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$568M -$18.6M -411,743 -3%
Bank of America
4
Bank of America
North Carolina
$531M +$15.6M +344,958 +3%
JP Morgan Chase
5
JP Morgan Chase
New York
$467M +$138M +3,037,583 +42%
CTB
6
Country Trust Bank
Illinois
$282M +$8.06M +177,981 +3%
DWM
7
Dynasty Wealth Management
Florida
$273M +$137M +3,029,917 +103%
UBS Group
8
UBS Group
Switzerland
$235M +$4.21M +92,842 +2%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$233M +$22.2M +490,739 +11%
RA
10
RFG Advisory
Alabama
$217M +$20.8M +458,646 +11%
Creative Planning
11
Creative Planning
Kansas
$213M +$174M +3,836,103 +467%
Raymond James Financial
12
Raymond James Financial
Florida
$212M +$11.7M +258,955 +6%
LPL Financial
13
LPL Financial
California
$193M +$38.7M +854,584 +25%
Osaic Holdings
14
Osaic Holdings
Arizona
$192M +$48.8M +1,077,179 +34%
MG
15
Mather Group
Illinois
$176M +$9.2M +203,096 +6%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$164M +$9.48M +209,346 +6%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$152M +$12.8M +282,743 +9%
KAS
18
Kestra Advisory Services
Texas
$151M +$10.4M +230,180 +7%
QWP
19
Quotient Wealth Partners
Texas
$145M +$96.5M +2,131,128 +203%
LWMT
20
Legacy Wealth Management (Tennessee)
Tennessee
$141M +$710K +15,679 +0.5%
Cetera Investment Advisers
21
Cetera Investment Advisers
Illinois
$140M +$11.6M +257,035 +9%
Thrivent Financial for Lutherans
22
Thrivent Financial for Lutherans
Minnesota
$122M +$8.22M +181,416 +7%
SWP
23
Sagespring Wealth Partners
Tennessee
$121M +$33.8M +746,666 +8%
BCP
24
Blue Chip Partners
Michigan
$118M +$5.57M +122,887 +5%
FMWA
25
Forvis Mazars Wealth Advisors
Missouri
$113M -$6.14M -135,644 -5%

FBND Hedge Fund Activity: Q1 2025 in Review

618 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Fidelity Total Bond ETF (FBND) for Q1 2025, worth a combined $15.7B — up 6.6% from $14.8B a quarter earlier.

Buyers outnumbered sellers: 73 funds opened new FBND positions and 45 closed out — a net gain of 28 holders — while 334 added to existing stakes and 172 trimmed.

The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $352M. The largest seller was Bank of New York Mellon, cutting an estimated $66.6M.

  • 618 institutional investors held Fidelity Total Bond ETF (FBND) as of Q1 2025, up from 601 in Q4 2024.
  • Funds reported $15.7B of Fidelity Total Bond ETF stock for Q1 2025, up 6.6% quarter-over-quarter.
  • 73 funds opened new Fidelity Total Bond ETF positions in Q1 2025 and 45 closed out, a net change of +28 holders.
  • The largest Fidelity Total Bond ETF buyer in Q1 2025 was Northwestern Mutual Wealth Management, an estimated $352M added.
  • The largest Fidelity Total Bond ETF seller in Q1 2025 was Bank of New York Mellon, an estimated $66.6M sold.

Based on aggregated 13F filings for Q1 2025.