Fidelity Total Bond ETF
FBND
658 hedge funds and large institutions have $17.5B invested in Fidelity Total Bond ETF in 2025 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 405 increasing their positions, 141 reducing their positions, and 31 closing their positions.
415% more call options, than puts
Call options by funds: $2.38M | Put options by funds: $462K
394% more capital inflows, than outflows
Capital inflows: $1.68B | Capital outflows: $340M
187% more repeat investments, than reductions
Existing positions increased: 405 | Existing positions reduced: 141
126% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 31
9% more funds holding in top 10
Funds holding in top 10: 137 → 149 (+12)
5% more funds holding
Funds holding: 626 → 658 (+32)
0.4% more ownership
Funds ownership: 84.56% → 84.96% (+0.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$156M |
| 2 |
LPL Financial
San Diego,
California
|
+$87.2M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$80.6M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$37.5M |
| 5 |
Dynasty Wealth Management
St. Petersburg,
Florida
|
+$36.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$61.6M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
-$24.1M |
| 3 |
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$23.9M |
| 4 |
WAM
WNY Asset Management
Williamsville,
New York
|
-$21.7M |
| 5 |
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
-$13.8M |
FBND Hedge Fund Activity: Q3 2025 in Review
658 of the 7,647 institutional investors tracked by Wall St. Rank reported a position in Fidelity Total Bond ETF (FBND) for Q3 2025, worth a combined $17.5B — up 9.3% from $16B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new FBND positions and 31 closed out — a net gain of 39 holders — while 405 added to existing stakes and 141 trimmed.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $156M. The largest seller was Goldman Sachs, cutting an estimated $61.6M.
- 658 institutional investors held Fidelity Total Bond ETF (FBND) as of Q3 2025, up from 626 in Q2 2025.
- Funds reported $17.5B of Fidelity Total Bond ETF stock for Q3 2025, up 9.3% quarter-over-quarter.
- 70 funds opened new Fidelity Total Bond ETF positions in Q3 2025 and 31 closed out, a net change of +39 holders.
- The largest Fidelity Total Bond ETF buyer in Q3 2025 was Northwestern Mutual Wealth Management, an estimated $156M added.
- The largest Fidelity Total Bond ETF seller in Q3 2025 was Goldman Sachs, an estimated $61.6M sold.
Based on aggregated 13F filings for Q3 2025.