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Vanguard Long-Term Corporate Bond ETF

44 hedge funds and large institutions have $257M invested in Vanguard Long-Term Corporate Bond ETF in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 21 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

124% more call options, than puts

Call options by funds: $1.3M | Put options by funds: $581K

9% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 11

6% less funds holding

Funds holding: 4744 (-3)

11% less capital invested

Capital invested by funds: $287M → $257M (-$30.6M)

57% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 21

Holders
44
Holders Change
-3
Holders Change %
-6.38%
% of All Funds
1.28%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
9
Reduced
21
Closed
11
Calls
$1.3M
Puts
$581K
Net Calls
+$722K
Net Calls Change
+$722K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$43.9M +$596K +7,198 +1%
USAA
2
United Services Automobile Association
Texas
$41.8M -$1.14M -13,715 -3%
WI
3
WBI Investments
New Jersey
$31.3M +$31.2M +377,377 New
Wells Fargo
4
Wells Fargo
California
$28.9M -$869K -10,495 -3%
MAA
5
Managed Account Advisors
New Jersey
$28.2M +$1.28M +15,461 +5%
AssetMark Inc
6
AssetMark Inc
California
$16.3M +$16.3M +196,674 New
Fidelity Investments
7
Fidelity Investments
Massachusetts
$7.85M
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$7.59M -$42.3M -511,342 -85%
HI
9
Horizon Investments
North Carolina
$6.78M +$6.76M +81,702 New
Nisa Investment Advisors
10
Nisa Investment Advisors
Missouri
$6.51M +$66.6K +805 +1%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$4.36M -$1.07M -12,890 -20%
RT
12
Rockland Trust
Massachusetts
$3.33M
U
13
UBS
Switzerland
$3.18M +$1.12M +13,485 +54%
AGA
14
Accuvest Global Advisors
Utah
$3.1M -$558K -6,740 -15%
Morgan Stanley
15
Morgan Stanley
New York
$2.69M +$416K +5,028 +18%
Goldman Sachs
16
Goldman Sachs
New York
$2.65M -$260K -3,135 -9%
BOH
17
Bank of Hawaii
Hawaii
$2.55M -$226K -2,730 -8%
PSW
18
Portfolio Strategies (Washington)
Washington
$2.21M +$2.21M +26,635 New
Jane Street
19
Jane Street
New York
$1.7M +$1.7M +20,532 New
GC
20
Guggenheim Capital
Illinois
$1.11M -$191K -2,301 -15%
WB
21
WesBanco Bank
West Virginia
$1.06M -$103K -1,250 -9%
GCT
22
Galaxy Capital Trading
British Virgin Islands
$1.04M +$1.04M +12,504 New
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$984K +$107K +1,297 +12%
TCM
24
Twele Capital Management
Minnesota
$912K
PI
25
Placemark Investments
Illinois
$885K +$29.6K +358 +3%

VCLT Hedge Fund Activity: Q4 2013 in Review

44 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Vanguard Long-Term Corporate Bond ETF (VCLT) for Q4 2013, worth a combined $257M — down 11% from $287M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of VCLT and 10 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 9 added.

The largest buyer was WBI Investments, opening a new position worth an estimated $31.2M. The largest seller was Envestnet Asset Management, cutting an estimated $42.3M.

  • 44 institutional investors held Vanguard Long-Term Corporate Bond ETF (VCLT) as of Q4 2013, down from 47 in Q3 2013.
  • Funds reported $257M of Vanguard Long-Term Corporate Bond ETF stock for Q4 2013, down 11% quarter-over-quarter.
  • 10 funds opened new Vanguard Long-Term Corporate Bond ETF positions in Q4 2013 and 11 closed out, a net change of -1 holder.
  • The largest Vanguard Long-Term Corporate Bond ETF buyer in Q4 2013 was WBI Investments, an estimated $31.2M added.
  • The largest Vanguard Long-Term Corporate Bond ETF seller in Q4 2013 was Envestnet Asset Management, an estimated $42.3M sold.

Based on aggregated 13F filings for Q4 2013.