Vanguard Total Bond MarketBNDETF
13F holders, Q1 2025 (March 31)At the end of Q1 2025, 1,612 institutions reported holding Vanguard Total Bond Market (BND) in their 13F filings, up 6 from Q4 2024. 110 opened new positions and 88 sold out. The largest holders were Morgan Stanley ($9.3B), Northwestern Mutual Wealth Management Co. ($8.7B) and Creative Planning ($8.0B). 3 famous investors held it, including Joel Greenblatt (0.2% of Gotham Asset Management's portfolio), Ken Fisher (0.0% of Fisher Asset Management's portfolio) and Cliff Asness (0.0% of AQR Capital Management's portfolio).
- Company
- Vanguard Total Bond Market
- CUSIP
- 921937835
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 110 | $1.1B |
| Exits | 88 | $295.5M |
All 13F filers, Q4 2024 → Q1 2025: 67,882,901 shares bought and 82,627,155 shares sold, net −14,744,254 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 1,612 holders
| Morgan Stanley | 0.67% | Add +7.3% | 127,280,728 | $9.3B |
| Northwestern Mutual Wealth Management Co. | 7.14% | Add +1.7% | 118,916,992 | $8.7B |
| Creative Planning | 7.50% | Add +8.0% | 108,563,586 | $8.0B |
| JPMorgan Chase & Co. | 0.58% | Add +4.2% | 103,233,592 | $7.6B |
| Vanguard Group Inc. | 0.08% | Add +8.2% | 62,787,251 | $4.6B |
| Wells Fargo & Company | 0.44% | Add +4.5% | 24,693,439 | $1.8B |
| Envestnet Asset Management Inc. | 0.48% | Reduce -0.5% | 20,251,385 | $1.5B |
| Allworth Financial LP | 8.03% | Add +1.0% | 19,514,987 | $1.4B |
| Bank of America Corp. | 0.12% | Reduce -17.8% | 18,374,584 | $1.3B |
| LPL Financial LLC | 0.45% | Add +3.1% | 15,761,081 | $1.2B |
| Goldman Sachs Group Inc. | 0.18% | Reduce -11.2% | 13,121,865 | $963.8M |
| Manufacturers Life Insurance Company, The | 0.90% | Reduce -0.4% | 12,734,566 | $935.4M |
| Sei Investments Co. | 1.00% | Add +6.3% | 10,607,391 | $779.1M |
| Arizona PSPRS Trust | 23.63% | Add +0.6% | 9,492,759 | $697.2M |
| Mastercard Foundation Asset Management Corp. | 1.43% | New | 8,862,905 | $652.0M |
| BlackRock, Inc. | 0.01% | Reduce -2.1% | 8,016,578 | $588.8M |
| Texas Treasury Safekeeping Trust Co. | 49.31% | Reduce -34.3% | 7,814,408 | $574.0M |
| State Street Corp. | 0.02% | Reduce -8.9% | 6,998,063 | $514.0M |
| Ameriprise Financial Inc. | 0.13% | Add +8.0% | 6,766,348 | $494.7M |
| CBIZ Investment Advisory Services, LLC | 24.22% | Add +7.4% | 6,734,159 | $494.6M |
| Pure Financial Advisors, LLC | 9.80% | Add +12.3% | 6,379,376 | $468.6M |
| Raymond James Financial Inc. | 0.18% | Add +3.9% | 6,348,372 | $466.3M |
| Cetera Investment Advisers | 0.84% | Add +8.0% | 5,916,021 | $434.5M |
| UBS Group AG | 0.09% | Add +18.4% | 5,736,417 | $421.3M |
| Bank of New York Mellon Corp | 0.08% | Reduce -9.3% | 5,373,672 | $394.7M |
| Savant Capital, LLC | 3.21% | Add +12.6% | 5,156,039 | $378.7M |
| Facet Wealth, Inc. | 9.29% | Add +2.0% | 4,942,051 | $358.8M |
| Royal Bank of Canada | 0.08% | Add +3.1% | 4,566,887 | $335.4M |
| HighTower Advisors, LLC | 0.37% | Add +2.8% | 3,737,002 | $274.5M |
| PNC Financial Services Group, Inc. | 0.13% | Reduce -2.8% | 3,421,562 | $251.3M |
| M&T Bank Corp | 0.91% | Add +5.6% | 3,395,931 | $249.4M |
| Franklin Resources Inc. | 0.07% | Add +0.6% | 3,365,708 | $247.2M |
| Corient Private Wealth LP | 0.40% | Reduce -10.4% | 3,358,331 | $246.7M |
| Jones Financial Companies LLLP | 0.22% | Add +4.9% | 3,346,454 | $245.4M |
| RFG Advisory, LLC | 6.15% | Add +8.2% | 3,099,984 | $227.7M |
| Composition Wealth, LLC | 4.41% | Add +4.0% | 2,995,835 | $220.0M |
| Cambridge Investment Research Advisors, Inc. | 0.69% | Reduce -5.7% | 2,776,239 | $203.9M |
| Retirement Systems of Alabama | 0.79% | Add +12.7% | 2,756,776 | $202.5M |
| First Financial Bankshares Inc | 3.90% | Add +2.6% | 2,458,158 | $180.6M |
| RiverFront Investment Group, LLC | 3.87% | Add +3.8% | 2,369,347 | $174.0M |
| Tiaa Trust, National Association | 0.53% | Reduce -1.9% | 2,299,636 | $168.9M |
| Orgel Wealth Management, LLC | 4.36% | Reduce -29.7% | 2,285,794 | $167.9M |
| Prudential Financial Inc. | 0.23% | Reduce -13.8% | 2,256,150 | $163.5M |
| Foster Group, Inc. | 5.78% | Add +4.4% | 2,101,364 | $154.3M |
| Assetmark, Inc. | 0.42% | Reduce -9.1% | 2,100,356 | $154.3M |
| Acropolis Investment Management, LLC | 9.13% | Add +1.0% | 2,095,734 | $153.9M |
| Stairway Partners, LLC | 9.25% | Add +3.2% | 2,043,204 | $150.1M |
| Global Endowment Management, LP | 19.36% | Reduce -13.1% | 2,027,950 | $149.0M |
| Osaic Holdings, Inc. | 0.33% | Reduce -46.9% | 2,024,465 | $148.7M |
| Alesco Advisors, LLC, An ESL Co | 4.29% | Add +3.1% | 1,860,812 | $136.7M |
| McMorgan & Co. LLC | 21.81% | Add +1.1% | 1,855,393 | $136.3M |
| Alaska Permanent Capital Management, LLC | 11.20% | Reduce -1.8% | 1,809,445 | $132.9M |
| MML Investors Services, LLC | 0.43% | Add +3.2% | 1,760,749 | $129.3M |
| Armstrong Advisory Group, Inc. | 10.26% | No change | 1,787,164 | $128.5M |
| Oakworth Capital, Inc. | 8.90% | Reduce -0.1% | 1,740,574 | $127.8M |
| Voya Financial Advisors, Inc. | 14.03% | Add +5.2% | 1,733,435 | $127.1M |
| Betterment LLC | 0.30% | Add +1.7% | 1,708,067 | $125.5M |
| Commonwealth Equity Services, LLC | 0.18% | Reduce -15.0% | 1,700,295 | $124.9M |
| Capstone Financial Advisors, Inc. | 7.79% | Add +1.6% | 1,686,655 | $123.9M |
| Cerity Partners LLC | 0.25% | Reduce -4.3% | 1,683,335 | $123.6M |
| Envestnet Portfolio Solutions, Inc. | 0.47% | Reduce -25.8% | 1,679,931 | $123.4M |
| Patriot Investment Management Group, Inc. | 8.87% | Add +6.2% | 1,608,109 | $118.1M |
| Diana Davis Spencer Foundation | 41.04% | No change | 1,608,100 | $118.1M |
| Mariner, LLC | 0.19% | Add +1.8% | 1,570,807 | $115.4M |
| Garde Capital, Inc. | 6.59% | New | 1,567,276 | $115.1M |
| Chandler Asset Management, Inc. | 21.42% | Add +3.4% | 1,546,892 | $113.6M |
| Verus Financial Partners, Inc. | 12.74% | Add +1.4% | 1,538,057 | $111.7M |
| Wealth Enhancement Advisory Services, LLC | 0.21% | Reduce -9.3% | 1,501,736 | $110.3M |
| Apella Capital, LLC | 3.74% | Reduce -1.3% | 1,499,836 | $109.0M |
| Bogart Wealth, LLC | 5.10% | Add +1.0% | 1,471,758 | $108.1M |
| Truist Financial Corp. | 0.17% | Reduce -34.8% | 1,454,685 | $106.8M |
| Wealthspire Advisors, LLC | 0.63% | Add +97.7% | 1,436,998 | $105.5M |
| Vestmark Advisory Solutions, Inc. | 2.69% | Reduce -26.4% | 1,422,084 | $104.5M |
| Ritholtz Wealth Management | 3.10% | Add +22.8% | 1,413,882 | $103.8M |
| Efficient Advisors, LLC | 6.72% | Add +1.0% | 1,404,135 | $103.1M |
| Prime Capital Investment Advisors, LLC | 1.19% | Add +4.8% | 1,384,530 | $101.7M |
| AMG National Trust Bank | 2.83% | Add +0.3% | 1,374,601 | $101.0M |
| Stratos Wealth Partners, LTD. | 1.54% | Add +14.3% | 1,357,466 | $99.7M |
| Bricktown Capital, LLC | 18.17% | Add +90.0% | 1,320,561 | $97.0M |
| Alps Advisors Inc. | 0.53% | Reduce -1.4% | 1,250,709 | $91.9M |
| Beacon Pointe Advisors, LLC | 1.03% | Reduce -0.4% | 1,243,482 | $91.3M |
| Pathstone Holdings, LLC | 0.39% | Add +16.9% | 1,214,058 | $89.2M |
| GenTrust, LLC | 4.28% | Reduce -6.1% | 1,213,460 | $89.1M |
| Bryn Mawr Trust Advisors, LLC | 5.17% | Add +4.6% | 1,174,115 | $86.2M |
| Lutz Financial Services LLC | 6.94% | Add +3.0% | 1,153,161 | $84.7M |
| Baker Avenue Asset Management, LP | 2.65% | Add +2.2% | 1,149,527 | $84.4M |
| Jane Street Group, LLC | 0.15% | Add +26091.8% | 1,129,915 | $83.0M |
| Financial Advisors Network, Inc. | 13.76% | Add +16.1% | 1,129,623 | $83.0M |
| Comerica Bank | 0.34% | Reduce -4.7% | 1,106,318 | $81.3M |
| Rational Advisors, Inc. | 8.27% | Reduce -9.0% | 1,074,021 | $78.9M |
| Bailard, Inc. | 2.02% | New | 1,064,649 | $78.2M |
| Alaska Wealth Advisors, LLC | 11.72% | Reduce -0.8% | 1,018,923 | $74.8M |
| Pacific Capital Wealth Advisors, Inc. | 12.84% | Add +4.3% | 1,011,445 | $74.3M |
| Burrus Financial Services, Inc. | 37.72% | Add +3.1% | 1,010,153 | $74.2M |
| NewEdge Advisors, LLC | 0.44% | Add +3.9% | 1,001,404 | $73.6M |
| Focus Partners Wealth | 0.18% | Add +0.5% | 984,273 | $72.3M |
| Wealthfront Advisers LLC | 0.19% | Add +7.1% | 979,919 | $72.0M |
| Cornerstone Investment Partners, LLC | 3.43% | Add +79.3% | 964,274 | $70.8M |
| Integrated Wealth Concepts LLC | 0.82% | Add +12.7% | 957,234 | $70.3M |
| Raffa Wealth Management, LLC | 15.83% | Add +1.3% | 947,175 | $69.6M |
"% of holder's portfolio" is BND's weight in each manager's 13F, not the share of Vanguard Total Bond Market the manager owns.