Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

VANGUARD BD INDEX FDS (BND)

2K + Investors. Track Smart Money conviction in BND. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +110
Streak
7Q ▲
Buyers last Q
64%

Smart Money Signals — BND

Based on 1639 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 7 quarters in a row

last 6Q
For 7 consecutive quarters, more hedge funds added BND than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
1,639 hedge funds hold BND right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +12% more funds vs a year ago

fund count last 6Q
+176 new funds entered over the past year (+12% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 64% buying

1044 buying581 selling
Last quarter: 1,044 funds were net buyers (237 opened a brand new position + 807 added to an existing one). Only 581 were sellers (454 trimmed + 127 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+100 vs last Q)

new funds entering per quarter
Funds opening a new BND position: 126 → 139 → 137 → 237. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 20% medium ■ 17% new
1,045 out of 1,639 hedge funds have held BND for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -7%, value -41%

Value
-40%
Shares
-6%
Last quarter: funds added -7% more shares while total portfolio value only changed -41%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

200 → 126 → 139 → 137 → 237 new funds/Q
New funds entering each quarter: 126 → 139 → 137 → 237. A growing number of institutions are discovering BND each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 63% of holders stayed 2+ years

■ 63% veterans ■ 13% 1-2yr ■ 24% new
Of 1,642 current holders: 1,036 (63%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 49% AUM from top-100 funds

49% from top-100 AUM funds
30 of 1639 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in BND. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: BND

How many hedge funds hold BND — quarterly history vs. share price
Quarterly hedge fund ownership of BND vs. share price

Market Analysis: BND

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BND

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

75 top-rated funds 121 high-conviction
Consensus
8.2
/ 10
breadth
×
Elite
5.3
/ 10
conviction
Hedge Fund Positioning: BND
2026 Q1 Stats Unlock in 22 days 2K + Investors

Track Smart Money conviction in BND. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 1642 1534 7.04%
13F Shares 988M 1.06B -6.75%
Total Value $74.52B $125.68B -40.71%
New Positions 237 137 +100
Increased Positions 808 772 +36
Closed Positions 128 112 +16
Reduced Positions 464 465 -1
Total Calls 2 4 -50.0%
Total Puts 2 2 -
PUT/CALL Ratio 1.0 0.5 Neutral

Statistics: BND

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

2K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BND. Verified SEC 13F-HR filings.

Top 25 institutional holders of BND — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 BURRUS FINANCIAL SERVICES, INC. 36.38% 1,079,257 $79.5M
2 STRATEGIC ADVISORY PARTNERS, LLC 27.13% 468,222 $34.5M
3 Arizona PSPRS Trust 26.74% 9,869,636 $726.8M
4 Gridiron Partners, LLC 26.44% 589,666 $43.3M
5 HORIZON BANCORP INC /IN/ 22.14% 624,975 $46K
6 SimpliFi, Inc. 21.38% 691,501 $50.9M
7 Gibson Wealth Advisors LLC 20.53% 416,044 $30.6M
8 Mallini Complete Financial Planning LLC 20.13% 345,212 $25.4M
9 Joule Financial, LLC 19.68% 917,595 $67.6M
10 Level Wealth Management LLC 16.90% 490,003 $36.1M
11 Essential Planning, LLC. 16.77% 716,173 $52.7M
12 Newton One Investments LLC 15.72% 786,765 $57.9M
13 Sound Stewardship, LLC 14.89% 441,418 $32.5M
14 Five Pine Wealth Management 14.81% 323,481 $23.8M
15 Amicus Financial Advisors, LLC 13.95% 687,727 $50.6M
16 Tenon Financial LLC 13.91% 480,853 $35.4M
17 KRM WEALTH MANAGEMENT L.L.C. 13.91% 342,452 $25.4M
18 Pacific Capital Wealth Advisors, Inc. 13.64% 1,102,510 $81.2M
19 ATMOS ADVISORY, LLC 12.84% 307,025 $22.6M
20 Aletheian Wealth Advisors LLC 12.20% 339,926 $25.0M
21 Verus Financial Partners, Inc. 11.80% 1,782,940 $131.5M
22 Vannoy Advisory Group, Inc. 11.68% 250,614 $18.5M
23 Sightline Wealth Advisors, LLC 11.57% 371,207 $27.3M
24 Alaska Permanent Capital Management, LLC 11.31% 2,192,270 $161.4M
25 NewCorp Financial Services, Inc. 10.76% 168,593 $12.4M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — VANGUARD BD INDEX FDS (BND)

What does the Smart Money Trend signal show for BND?

Buying streak — 7 quarters in a row: For 7 consecutive quarters, more hedge funds added BND than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BND?

More buyers than sellers — 64% buying: Last quarter: 1,044 funds were net buyers (237 opened a brand new position + 807 added to an existing one). Only 581 were sellers (454 trimmed + 127 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for BND holders?

Elite ownership — 49% AUM from top-100 funds: 30 of 1639 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in BND. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held BND?

64% of holders stayed for 2+ years: 1,045 out of 1,639 hedge funds have held BND for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.