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Vanguard Long-Term Corporate Bond ETF

132 hedge funds and large institutions have $794M invested in Vanguard Long-Term Corporate Bond ETF in 2018 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 56 increasing their positions, 38 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 38

9% less funds holding

Funds holding: 145132 (-13)

10.85% less ownership

Funds ownership: 48.23%37.38% (-11%)

11% less funds holding in top 10

Funds holding in top 10: 98 (-1)

16% less call options, than puts

Call options by funds: $484K | Put options by funds: $576K

24% less capital invested

Capital invested by funds: $1.04B → $794M (-$250M)

41% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 27

Holders
132
Holders Change
-13
Holders Change %
-8.97%
% of All Funds
3.03%
Holding in Top 10
8
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-11.11%
% of All Funds
0.18%
New
16
Increased
56
Reduced
38
Closed
27
Calls
$484K
Puts
$576K
Net Calls
-$92K
Net Calls Change
-$504K
Name Holding Trade Value Shares
Change
Change in
Stake
CSIA
1
Charles Schwab Investment Advisory
California
$73.7M +$676K +7,348 +0.9%
Wells Fargo
2
Wells Fargo
California
$72.7M -$7.27M -78,965 -9%
State of Tennessee, Department of Treasury
3
State of Tennessee, Department of Treasury
Tennessee
$70.8M +$5.01M +54,400 +8%
Bank of America
4
Bank of America
North Carolina
$61.9M -$21.3M -231,856 -25%
NI
5
NYL Investors
New York
$40.7M +$41M +445,500 New
USAA
6
United Services Automobile Association
Texas
$36.2M
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$36.2M +$3.94M +42,752 +12%
Morgan Stanley
8
Morgan Stanley
New York
$31.6M +$1.84M +19,956 +6%
Stifel Financial
9
Stifel Financial
Missouri
$27.2M -$5.54M -60,224 -17%
DDSF
10
Diana Davis Spencer Foundation
Maryland
$26.5M
Nisa Investment Advisors
11
Nisa Investment Advisors
Missouri
$21.1M -$1.14M -12,410 -5%
PNC Financial Services Group
12
PNC Financial Services Group
Pennsylvania
$16.7M -$800K -8,695 -5%
Vanguard Group
13
Vanguard Group
Pennsylvania
$14.6M +$5.52M +59,965 +60%
Jane Street
14
Jane Street
New York
$14.2M +$697K +7,568 +5%
Ameriprise
15
Ameriprise
Minnesota
$13.8M -$18.3M -198,495 -57%
SCI
16
Stableford Capital II
Arizona
$12M +$6.22M +67,518 +106%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$12M +$3.58M +38,898 +42%
Allianz Asset Management
18
Allianz Asset Management
Germany
$11.1M +$3.25M +35,270 +41%
LPL Financial
19
LPL Financial
California
$10.3M +$2.06M +22,344 +25%
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
$10M +$1.4M +15,233 +16%
EC
21
Estate Counselors
Wisconsin
$9.78M +$828K +8,990 +9%
Goldman Sachs
22
Goldman Sachs
New York
$6.83M -$37.6M -408,733 -85%
PFT
23
Providence First Trust
Arizona
$6.27M +$682K +7,412 +12%
Invesco
24
Invesco
Georgia
$6.11M +$420K +4,565 +7%
State Street
25
State Street
Massachusetts
$5.8M

VCLT Hedge Fund Activity: Q1 2018 in Review

132 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Vanguard Long-Term Corporate Bond ETF (VCLT) for Q1 2018, worth a combined $794M — down 24% from $1.04B a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of VCLT and 16 opened new positions — a net loss of 11 holders — while 38 trimmed existing stakes and 56 added.

The largest buyer was Stableford Capital II, adding an estimated $6.22M. The largest seller was WBI Investments, exiting entirely with an estimated $47.6M sold.

  • 132 institutional investors held Vanguard Long-Term Corporate Bond ETF (VCLT) as of Q1 2018, down from 145 in Q4 2017.
  • Funds reported $794M of Vanguard Long-Term Corporate Bond ETF stock for Q1 2018, down 24% quarter-over-quarter.
  • 16 funds opened new Vanguard Long-Term Corporate Bond ETF positions in Q1 2018 and 27 closed out, a net change of -11 holders.
  • The largest Vanguard Long-Term Corporate Bond ETF buyer in Q1 2018 was Stableford Capital II, an estimated $6.22M added.
  • The largest Vanguard Long-Term Corporate Bond ETF seller in Q1 2018 was WBI Investments, an estimated $47.6M sold.

Based on aggregated 13F filings for Q1 2018.