Vanguard Total Bond MarketBNDETF
13F holders, Q2 2025 (June 30)At the end of Q2 2025, 1,644 institutions reported holding Vanguard Total Bond Market (BND) in their 13F filings, up 32 from Q1 2025. 114 opened new positions and 84 sold out. The largest holders were JPMorgan Chase & Co. ($9.3B), Northwestern Mutual Wealth Management Co. ($9.0B) and Creative Planning ($8.5B). 3 famous investors held it, including Joel Greenblatt (0.2% of Gotham Asset Management's portfolio), Cliff Asness (0.0% of AQR Capital Management's portfolio) and Ken Fisher (0.0% of Fisher Asset Management's portfolio).
- Company
- Vanguard Total Bond Market
- CUSIP
- 921937835
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2025 → Q2 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 114 | $229.4M |
| Exits | 84 | $256.9M |
All 13F filers, Q1 2025 → Q2 2025: 75,177,463 shares bought and 47,318,871 shares sold, net +27,858,592 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 1,644 holders
| JPMorgan Chase & Co. | 0.64% | Add +21.9% | 125,870,361 | $9.3B |
| Northwestern Mutual Wealth Management Co. | 6.57% | Add +2.9% | 122,402,361 | $9.0B |
| Creative Planning | 7.23% | Add +5.8% | 114,896,140 | $8.5B |
| Morgan Stanley | 0.51% | Reduce -16.3% | 106,500,742 | $7.8B |
| Vanguard Group Inc. | 0.08% | Add +7.0% | 67,194,503 | $4.9B |
| Wells Fargo & Company | 0.41% | Add +2.2% | 25,247,145 | $1.9B |
| Envestnet Asset Management Inc. | 0.45% | Add +3.3% | 20,910,927 | $1.5B |
| Allworth Financial LP | 7.02% | Add +1.8% | 19,864,987 | $1.5B |
| Bank of America Corp. | 0.11% | Reduce -0.8% | 18,226,391 | $1.3B |
| LPL Financial LLC | 0.40% | Add +3.3% | 16,286,869 | $1.2B |
| Sei Investments Co. | 1.33% | Add +46.9% | 15,579,083 | $1.1B |
| Goldman Sachs Group Inc. | 0.17% | Add +9.8% | 14,412,267 | $1.1B |
| Manufacturers Life Insurance Company, The | 0.87% | Add +3.1% | 13,131,333 | $966.9M |
| Arizona PSPRS Trust | 23.45% | Add +1.0% | 9,586,316 | $705.8M |
| Mastercard Foundation Asset Management Corp. | 1.46% | No change | 8,862,905 | $652.6M |
| BlackRock, Inc. | 0.01% | Add +3.4% | 8,288,471 | $610.3M |
| State Street Corp. | 0.02% | Add +10.8% | 7,757,324 | $571.2M |
| CBIZ Investment Advisory Services, LLC | 22.78% | Add +3.7% | 6,985,273 | $514.3M |
| Pure Financial Advisors, LLC | 8.75% | Add +5.9% | 6,753,466 | $497.3M |
| Raymond James Financial Inc. | 0.16% | Add +2.4% | 6,498,596 | $478.5M |
| Savant Capital, LLC | 3.20% | Add +17.1% | 6,039,099 | $444.7M |
| Cetera Investment Advisers | 0.75% | Add +2.0% | 6,035,784 | $444.4M |
| UBS Group AG | 0.09% | Add +0.4% | 5,757,057 | $423.9M |
| Ameriprise Financial Inc. | 0.10% | Reduce -19.9% | 5,422,561 | $398.3M |
| Facet Wealth, Inc. | 9.04% | Add +10.0% | 5,437,226 | $398.0M |
| Bank of New York Mellon Corp | 0.07% | Reduce -3.6% | 5,178,536 | $381.3M |
| Royal Bank of Canada | 0.07% | Add +4.6% | 4,776,906 | $351.7M |
| Assetmark, Inc. | 0.72% | Add +98.1% | 4,160,401 | $306.3M |
| Jones Financial Companies LLLP | 0.21% | Add +14.9% | 3,845,647 | $282.1M |
| HighTower Advisors, LLC | 0.35% | Add +0.7% | 3,762,705 | $277.0M |
| Franklin Resources Inc. | 0.07% | Add +9.3% | 3,679,410 | $270.9M |
| Corient Private Wealth LP | 0.36% | Add +12.7% | 3,786,283 | $269.6M |
| PNC Financial Services Group, Inc. | 0.17% | Add +1.8% | 3,482,215 | $256.4M |
| M&T Bank Corp | 0.88% | Add +2.1% | 3,467,056 | $255.3M |
| Vestmark Advisory Solutions, Inc. | 3.31% | Add +118.7% | 3,109,636 | $229.0M |
| Retirement Systems of Alabama | 0.80% | Add +10.1% | 3,035,822 | $223.5M |
| Composition Wealth, LLC | 3.70% | Reduce -0.1% | 2,991,381 | $220.3M |
| Truist Financial Corp. | 0.29% | Add +85.9% | 2,704,304 | $199.1M |
| First Financial Bankshares Inc | 4.17% | Add +3.0% | 2,531,249 | $186.4M |
| Tiaa Trust, National Association | 0.47% | Add +7.4% | 2,470,057 | $181.9M |
| Cambridge Investment Research Advisors, Inc. | 0.54% | Reduce -13.5% | 2,402,280 | $176.9M |
| RiverFront Investment Group, LLC | 3.37% | Reduce -1.0% | 2,346,252 | $172.8M |
| Acropolis Investment Management, LLC | 8.70% | Add +2.6% | 2,150,144 | $158.3M |
| Foster Group, Inc. | 5.36% | Add +1.2% | 2,126,717 | $156.6M |
| MML Investors Services, LLC | 0.45% | Add +20.2% | 2,117,164 | $155.9M |
| Stairway Partners, LLC | 8.78% | Add +2.9% | 2,102,885 | $154.8M |
| Prudential Financial Inc. | 0.20% | Reduce -5.8% | 2,124,677 | $154.0M |
| Global Endowment Management, LP | 19.91% | Add +0.2% | 2,031,788 | $149.6M |
| Alesco Advisors, LLC, An ESL Co | 4.17% | Add +5.9% | 1,971,352 | $145.2M |
| McMorgan & Co. LLC | 20.25% | Add +0.5% | 1,865,460 | $137.4M |
| Commonwealth Equity Services, LLC | 0.18% | Add +9.3% | 1,858,642 | $136.9M |
| Betterment LLC | 0.29% | Add +8.6% | 1,854,836 | $136.6M |
| Oakworth Capital, Inc. | 8.69% | Add +5.2% | 1,831,010 | $134.8M |
| Alaska Permanent Capital Management, LLC | 10.32% | Reduce -0.0% | 1,808,815 | $133.1M |
| Voya Financial Advisors, Inc. | 13.39% | Add +4.4% | 1,809,316 | $132.7M |
| Osaic Holdings, Inc. | 0.23% | Reduce -13.6% | 1,749,442 | $128.8M |
| Capstone Financial Advisors, Inc. | 7.24% | Add +0.4% | 1,693,913 | $124.7M |
| Ritholtz Wealth Management | 2.70% | Add +17.2% | 1,657,402 | $122.0M |
| Patriot Investment Management Group, Inc. | 8.37% | Add +2.1% | 1,641,785 | $120.9M |
| Cerity Partners LLC | 0.22% | Reduce -2.7% | 1,637,262 | $120.6M |
| Diana Davis Spencer Foundation | 40.56% | No change | 1,608,100 | $118.4M |
| Chandler Asset Management, Inc. | 20.87% | Add +3.1% | 1,595,692 | $117.5M |
| Verus Financial Partners, Inc. | 11.83% | Add +3.3% | 1,588,404 | $116.1M |
| Mariner, LLC | 0.17% | Reduce -0.0% | 1,570,686 | $115.6M |
| Wealthfront Advisers LLC | 0.29% | Add +55.4% | 1,522,519 | $112.1M |
| Apella Capital, LLC | 3.03% | Add +2.3% | 1,534,506 | $111.8M |
| Bogart Wealth, LLC | 4.75% | Add +2.5% | 1,508,973 | $111.1M |
| Garde Capital, Inc. | 5.92% | Reduce -4.1% | 1,502,328 | $110.6M |
| Wealth Enhancement Advisory Services, LLC | 0.18% | Add +0.8% | 1,513,380 | $110.6M |
| Choreo, LLC | 1.52% | Add +55.2% | 1,479,230 | $108.9M |
| Envestnet Portfolio Solutions, Inc. | 0.40% | Reduce -12.5% | 1,470,537 | $108.3M |
| Orgel Wealth Management, LLC | 2.60% | Reduce -35.9% | 1,466,307 | $108.0M |
| Efficient Advisors, LLC | 6.40% | Add +3.9% | 1,458,694 | $107.4M |
| Stratos Wealth Partners, LTD. | 1.46% | Add +7.2% | 1,454,766 | $107.1M |
| AMG National Trust Bank | 2.70% | Add +1.5% | 1,394,825 | $102.7M |
| Wealthspire Advisors, LLC | 0.56% | Reduce -6.1% | 1,349,390 | $99.4M |
| Beacon Pointe Advisors, LLC | 0.99% | Add +3.4% | 1,285,949 | $94.7M |
| Prime Capital Investment Advisors, LLC | 1.25% | Reduce -7.9% | 1,274,541 | $93.8M |
| Bricktown Capital, LLC | 16.84% | Reduce -4.4% | 1,262,853 | $93.0M |
| CoreCap Advisors, LLC | 3.71% | Add +45.5% | 1,251,436 | $92.1M |
| Bryn Mawr Trust Advisors, LLC | 4.96% | Add +4.9% | 1,231,360 | $90.7M |
| Alps Advisors Inc. | 0.51% | Reduce -3.5% | 1,207,134 | $88.9M |
| GenTrust, LLC | 4.18% | Reduce -0.6% | 1,205,677 | $88.8M |
| Pathstone Holdings, LLC | 0.35% | Reduce -0.9% | 1,203,050 | $88.6M |
| Armstrong Advisory Group, Inc. | 6.66% | Reduce -33.1% | 1,195,058 | $88.0M |
| Lutz Financial Services LLC | 6.79% | Add +3.0% | 1,188,284 | $87.5M |
| Baker Avenue Asset Management, LP | 2.47% | Add +2.4% | 1,176,683 | $86.6M |
| Mercer Global Advisors Inc. | 0.19% | Add +109.0% | 1,120,751 | $82.5M |
| Integrated Wealth Concepts LLC | 0.80% | Add +13.4% | 1,085,928 | $80.0M |
| Financial Advisors Network, Inc. | 12.00% | Reduce -4.4% | 1,079,779 | $79.5M |
| Comerica Bank | 0.30% | Reduce -4.9% | 1,051,702 | $77.4M |
| NewEdge Advisors, LLC | 0.40% | Add +4.6% | 1,047,677 | $77.1M |
| Rational Advisors, Inc. | 7.89% | Reduce -3.9% | 1,032,403 | $76.0M |
| Burrus Financial Services, Inc. | 35.78% | Add +0.5% | 1,015,613 | $74.8M |
| Focus Partners Wealth | 0.16% | Add +1.1% | 995,261 | $73.3M |
| CW Advisors, LLC | 0.70% | Add +2237.3% | 984,103 | $72.5M |
| RFG Advisory, LLC | 1.69% | Reduce -68.5% | 978,037 | $72.0M |
| Alaska Wealth Advisors, LLC | 10.07% | Reduce -6.3% | 954,373 | $70.3M |
| Raffa Wealth Management, LLC | 14.03% | Add +0.6% | 952,958 | $70.2M |
| Trajan Wealth LLC | 3.42% | Add +18.6% | 950,274 | $70.0M |
"% of holder's portfolio" is BND's weight in each manager's 13F, not the share of Vanguard Total Bond Market the manager owns.