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Vanguard Long-Term Corporate Bond ETF

56 hedge funds and large institutions have $390M invested in Vanguard Long-Term Corporate Bond ETF in 2014 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 3

31% more capital invested

Capital invested by funds: $297M → $390M (+$92.3M)

24% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 17

19% more funds holding

Funds holding: 4756 (+9)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
56
Holders Change
+9
Holders Change %
+19.15%
% of All Funds
1.61%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
12
Increased
21
Reduced
17
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$64.1M +$17.7M +198,863 +39%
Wells Fargo
2
Wells Fargo
California
$43M +$9.66M +108,474 +30%
USAA
3
United Services Automobile Association
Texas
$41.2M -$1.85M -20,752 -4%
MAA
4
Managed Account Advisors
New Jersey
$35.8M +$4.49M +50,347 +15%
WI
5
WBI Investments
New Jersey
$29.6M -$584K -6,551 -2%
SCM
6
Saba Capital Management
New York
$22.9M +$22.6M +253,593 New
AssetMark Inc
7
AssetMark Inc
California
$20.6M -$1.46M -16,385 -7%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$15.2M +$7.62M +85,548 +103%
Mirae Asset Global Investments
9
Mirae Asset Global Investments
South Korea
$14.6M +$14.4M +162,000 New
UCFA
10
United Capital Financial Advisors
Texas
$11M +$8.26M +92,748 +322%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$10.3M +$1.76M +19,800 +21%
HFS
12
HL Financial Services
Kentucky
$7.46M
Stifel Financial
13
Stifel Financial
Missouri
$7.45M +$2.17M +24,367 +42%
Morgan Stanley
14
Morgan Stanley
New York
$6.97M +$1.11M +12,461 +19%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$6.83M +$791K +8,873 +13%
Wellington Management Group
16
Wellington Management Group
Massachusetts
$6.05M
LPT
17
Legacy Private Trust
Wisconsin
$5.91M +$1.65M +18,472 +39%
TNB
18
Thomasville National Bank
Georgia
$4.57M +$2.73M +30,600 +153%
RT
19
Rockland Trust
Massachusetts
$3.71M +$89.1K +1,000 +2%
TAG
20
Tactical Allocation Group
Michigan
$3.64M -$726K -8,147 -17%
U
21
UBS
Switzerland
$3.6M -$936K -10,510 -21%
Goldman Sachs
22
Goldman Sachs
New York
$2.41M -$274K -3,071 -10%
CIM
23
Confluence Investment Management
Missouri
$2.32M +$2.29M +25,701 New
BOH
24
Bank of Hawaii
Hawaii
$2.14M -$455K -5,108 -18%
TCM
25
Twele Capital Management
Minnesota
$2.1M +$62.9K +706 +3%

VCLT Hedge Fund Activity: Q2 2014 in Review

56 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Vanguard Long-Term Corporate Bond ETF (VCLT) for Q2 2014, worth a combined $390M — up 31% from $297M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new VCLT positions and 3 closed out — a net gain of 9 holders — while 21 added to existing stakes and 17 trimmed.

The largest buyer was Saba Capital Management, opening a new position worth an estimated $22.6M. The largest seller was Nisa Investment Advisors, exiting entirely with an estimated $6.92M sold.

  • 56 institutional investors held Vanguard Long-Term Corporate Bond ETF (VCLT) as of Q2 2014, up from 47 in Q1 2014.
  • Funds reported $390M of Vanguard Long-Term Corporate Bond ETF stock for Q2 2014, up 31% quarter-over-quarter.
  • 12 funds opened new Vanguard Long-Term Corporate Bond ETF positions in Q2 2014 and 3 closed out, a net change of +9 holders.
  • The largest Vanguard Long-Term Corporate Bond ETF buyer in Q2 2014 was Saba Capital Management, an estimated $22.6M added.
  • The largest Vanguard Long-Term Corporate Bond ETF seller in Q2 2014 was Nisa Investment Advisors, an estimated $6.92M sold.

Based on aggregated 13F filings for Q2 2014.