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Vanguard Long-Term Corporate Bond ETF

73 hedge funds and large institutions have $437M invested in Vanguard Long-Term Corporate Bond ETF in 2015 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 27 increasing their positions, 26 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 26

10% less funds holding

Funds holding: 8173 (-8)

36% less capital invested

Capital invested by funds: $682M → $437M (-$245M)

43% less funds holding in top 10

Funds holding in top 10: 74 (-3)

47% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 17

Holders
73
Holders Change
-8
Holders Change %
-9.88%
% of All Funds
1.97%
Holding in Top 10
4
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-42.86%
% of All Funds
0.11%
New
9
Increased
27
Reduced
26
Closed
17
Calls
$247K
Puts
Net Calls
+$247K
Net Calls Change
+$313K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$56.2M -$9.4M -105,026 -14%
EM
2
Elliott Management
New York
$40.7M +$42.7M +476,800 New
USAA
3
United Services Automobile Association
Texas
$34.7M
NYLIM
4
New York Life Investment Management
New York
$32.9M -$3.57M -39,900 -9%
Wells Fargo
5
Wells Fargo
California
$26.2M -$21.9M -244,731 -44%
DDSF
6
Diana Davis Spencer Foundation
Maryland
$24.7M
State of Tennessee, Department of Treasury
7
State of Tennessee, Department of Treasury
Tennessee
$23.1M +$2.29M +25,600 +10%
Goldman Sachs
8
Goldman Sachs
New York
$22M +$12.1M +135,539 +111%
Jane Street
9
Jane Street
New York
$18.5M +$3.74M +41,761 +24%
Stifel Financial
10
Stifel Financial
Missouri
$16.4M +$676K +7,548 +4%
Ameriprise
11
Ameriprise
Minnesota
$11M +$5.39M +60,163 +87%
CIM
12
Confluence Investment Management
Missouri
$10.8M +$601K +6,720 +6%
BFEC
13
Benjamin F. Edwards & Company
Missouri
$9.51M +$686K +7,668 +7%
AP
14
Agilis Partners
Massachusetts
$9.25M
Morgan Stanley
15
Morgan Stanley
New York
$8.53M -$15.2M -169,309 -63%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$8.06M
LPT
17
Legacy Private Trust
Wisconsin
$7.78M +$476K +5,319 +6%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$6.7M -$1.94M -21,664 -22%
AssetMark Inc
19
AssetMark Inc
California
$6.32M +$2.03M +22,680 +44%
GI
20
Glovista Investments
New Jersey
$6.16M -$69.4M -775,770 -91%
Wellington Management Group
21
Wellington Management Group
Massachusetts
$5.07M +$4.67M +52,202 +720%
VKH
22
Virtu KCG Holdings
New York
$4.95M -$18.7M -209,032 -78%
Allianz Asset Management
23
Allianz Asset Management
Germany
$3.87M
TNB
24
Thomasville National Bank
Georgia
$3.73M
RT
25
Rockland Trust
Massachusetts
$3.5M

VCLT Hedge Fund Activity: Q2 2015 in Review

73 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Vanguard Long-Term Corporate Bond ETF (VCLT) for Q2 2015, worth a combined $437M — down 36% from $682M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of VCLT and 9 opened new positions — a net loss of 8 holders — while 26 trimmed existing stakes and 27 added.

The largest buyer was Elliott Management, opening a new position worth an estimated $42.7M. The largest seller was Glovista Investments, cutting an estimated $69.4M.

  • 73 institutional investors held Vanguard Long-Term Corporate Bond ETF (VCLT) as of Q2 2015, down from 81 in Q1 2015.
  • Funds reported $437M of Vanguard Long-Term Corporate Bond ETF stock for Q2 2015, down 36% quarter-over-quarter.
  • 9 funds opened new Vanguard Long-Term Corporate Bond ETF positions in Q2 2015 and 17 closed out, a net change of -8 holders.
  • The largest Vanguard Long-Term Corporate Bond ETF buyer in Q2 2015 was Elliott Management, an estimated $42.7M added.
  • The largest Vanguard Long-Term Corporate Bond ETF seller in Q2 2015 was Glovista Investments, an estimated $69.4M sold.

Based on aggregated 13F filings for Q2 2015.