Fidelity Total Bond ETF
FBND
731 hedge funds and large institutions have $19.5B invested in Fidelity Total Bond ETF in 2025 Q4 according to their latest regulatory filings, with 119 funds opening new positions, 437 increasing their positions, 126 reducing their positions, and 38 closing their positions.
247% more repeat investments, than reductions
Existing positions increased: 437 | Existing positions reduced: 126
213% more first-time investments, than exits
New positions opened: 119 | Existing positions closed: 38
13% more funds holding in top 10
Funds holding in top 10: 149 → 168 (+19)
12% more capital invested
Capital invested by funds: $17.5B → $19.5B (+$2.02B)
11% more funds holding
Funds holding: 658 → 731 (+73)
0.16% more ownership
Funds ownership: 84.96% → 85.12% (+0.16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$224M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$136M |
| 3 |
JP Morgan Chase
New York
|
+$110M |
| 4 |
DWM
Dynasty Wealth Management
St. Petersburg,
Florida
|
+$92.5M |
| 5 |
LPL Financial
San Diego,
California
|
+$87.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$22M |
| 2 |
FTA
Financial & Tax Architects
St Louis,
Missouri
|
-$21.9M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$14.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$13.6M |
| 5 |
OFS
OneAscent Financial Services
Birmingham,
Alabama
|
-$10.5M |
FBND Hedge Fund Activity: Q4 2025 in Review
731 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in Fidelity Total Bond ETF (FBND) for Q4 2025, worth a combined $19.5B — up 12% from $17.5B a quarter earlier.
Buyers outnumbered sellers: 119 funds opened new FBND positions and 38 closed out — a net gain of 81 holders — while 437 added to existing stakes and 126 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $224M. The largest seller was Envestnet Asset Management, cutting an estimated $22M.
- 731 institutional investors held Fidelity Total Bond ETF (FBND) as of Q4 2025, up from 658 in Q3 2025.
- Funds reported $19.5B of Fidelity Total Bond ETF stock for Q4 2025, up 12% quarter-over-quarter.
- 119 funds opened new Fidelity Total Bond ETF positions in Q4 2025 and 38 closed out, a net change of +81 holders.
- The largest Fidelity Total Bond ETF buyer in Q4 2025 was Morgan Stanley, an estimated $224M added.
- The largest Fidelity Total Bond ETF seller in Q4 2025 was Envestnet Asset Management, an estimated $22M sold.
Based on aggregated 13F filings for Q4 2025.