Who owns BNDX (BNDX)
Which tracked institutional funds hold BNDX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BNDX company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
323 tracked funds added or opened BNDX while 132 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
BNDX’s largest tracked holder by dollar value, JPMORGAN CHASE & CO, sizes it at 0.9% of its own reported 13F book, while the median holder sizes it at 0.7% of theirs — a 0.3pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BNDX divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 1115 tracked filers holding BNDX, 747 increased or opened the position and 391 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in BNDX between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 55
- VANGUARD ADVISERS INC$2.6B
- Vanguard Global Advisers, LLC$981M
- VANGUARD CAPITAL MANAGEMENT LLC$759M
- TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC$155M
- JANE STREET GROUP, LLC$24M
- BlueSky Wealth Advisors, LLC$19M
Full exits 35
- VANGUARD GROUP INC$4.1B
- SAGESPRING WEALTH PARTNERS, LLC$29M
- Yeomans Consulting Group, Inc.$20M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$15M
- ADE, LLC$14M
- Northwest & Ethical Investments L.P.$13M
Largest adds
- ENVESTNET ASSET MANAGEMENT INC$566M
- JPMORGAN CHASE & CO$463M
- Savant Capital, LLC$404M
- VOYA INVESTMENT MANAGEMENT LLC$138M
- Bank of New York Mellon Corp$113M
- ALLIANCEBERNSTEIN L.P.$107M
Largest trims
- BANK OF AMERICA CORP /DE/$827M
- Envestnet Portfolio Solutions, Inc.$299M
- Valpey Financial Services, LLC$133M
- TIAA TRUST, NATIONAL ASSOCIATION$115M
- US BANCORP \DE\$39M
- NewEdge Advisors, LLC$33M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| JPMORGAN CHASE & CO added | 288,538,828 | $13.8B | 32.0% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 125,012,416 | $6.0B | 13.9% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 59,228,633 | $2.8B | 6.6% | 2026-Q1 |
| VANGUARD ADVISERS INC new | 54,007,136 | $2.6B | 6.0% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 36,281,536 | $1.7B | 4.0% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 20,417,003 | $981M | 2.3% | 2026-Q1 |
| Betterment LLC trimmed | 19,400,574 | $932M | 2.2% | 2026-Q1 |
| Savant Capital, LLC added | 18,058,578 | $868M | 2.0% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 15,786,437 | $759M | 1.8% | 2026-Q1 |
| SEI INVESTMENTS CO added | 12,250,083 | $589M | 1.4% | 2026-Q1 |
| LPL Financial LLC trimmed | 11,228,041 | $540M | 1.3% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 9,677,209 | $465M | 1.1% | 2026-Q1 |
| Empower Advisory Group, LLC added | 8,769,158 | $421M | 1.0% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 7,658,510 | $370M | 0.9% | 2026-Q1 |
| Bank of New York Mellon Corp added | 7,216,573 | $347M | 0.8% | 2026-Q1 |
| ASSETMARK, INC added | 6,390,910 | $307M | 0.7% | 2026-Q1 |
| MORGAN STANLEY added | 6,158,588 | $296M | 0.7% | 2026-Q1 |
| Cetera Investment Advisers added | 5,646,589 | $271M | 0.6% | 2026-Q1 |
| LINCOLN NATIONAL CORP added | 4,708,344 | $226M | 0.5% | 2026-Q1 |
| Envestnet Portfolio Solutions, Inc. trimmed | 4,041,545 | $194M | 0.5% | 2026-Q1 |
| &PARTNERS added | 3,959,644 | $191M | 0.4% | 2026-Q1 |
| TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC new | 3,228,355 | $155M | 0.4% | 2026-Q1 |
| VOYA INVESTMENT MANAGEMENT LLC added | 3,147,612 | $151M | 0.4% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 3,013,127 | $145M | 0.3% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 2,923,521 | $139M | 0.3% | 2026-Q1 |
| Ally Invest Advisors Inc. added | 2,539,875 | $122M | 0.3% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 2,490,414 | $120M | 0.3% | 2026-Q1 |
| Kestra Investment Management, LLC added | 2,163,059 | $104M | 0.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 2,084,913 | $100M | 0.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 2,055,930 | $99M | 0.2% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 1,958,691 | $94M | 0.2% | 2026-Q1 |
| HANTZ FINANCIAL SERVICES, INC. added | 1,909,803 | $92M | 0.2% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 1,753,398 | $84M | 0.2% | 2026-Q1 |
| Mirae Asset Global Investments Co., Ltd. trimmed | 1,734,392 | $83M | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 1,671,795 | $80M | 0.2% | 2026-Q1 |
| Alaska Permanent Capital Management, LLC added | 1,548,372 | $74M | 0.2% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 1,542,899 | $74M | 0.2% | 2026-Q1 |
| Symmetry Partners, LLC added | 1,485,668 | $71M | 0.2% | 2026-Q1 |
| Hardy Reed LLC added | 1,453,868 | $70M | 0.2% | 2026-Q1 |
| CX Institutional added | 1,387,555 | $67M | 0.2% | 2026-Q1 |
| Prime Capital Investment Advisors, LLC added | 1,374,142 | $66M | 0.2% | 2026-Q1 |
| Cerity Partners LLC added | 1,369,917 | $66M | 0.2% | 2026-Q1 |
| OneDigital Investment Advisors LLC added | 1,366,754 | $66M | 0.2% | 2026-Q1 |
| Pure Financial Advisors, LLC added | 1,247,936 | $60M | 0.1% | 2026-Q1 |
| Partners in Financial Planning added | 1,236,589 | $59M | 0.1% | 2026-Q1 |
| Vestmark Advisory Solutions, Inc. added | 1,163,269 | $56M | 0.1% | 2026-Q1 |
| CreativeOne Wealth, LLC added | 1,145,967 | $55M | 0.1% | 2026-Q1 |
| Capstone Financial Advisors, Inc. trimmed | 1,092,406 | $52M | 0.1% | 2026-Q1 |
| COUNTRY TRUST BANK trimmed | 1,064,998 | $51M | 0.1% | 2026-Q1 |
| ECLECTIC ASSOCIATES INC /ADV added | 1,056,617 | $51M | 0.1% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 1,031,849 | $50M | 0.1% | 2026-Q1 |
| Burton Enright Welch added | 1,021,367 | $49M | 0.1% | 2026-Q1 |
| PDS Planning, Inc added | 1,014,427 | $49M | 0.1% | 2026-Q1 |
| Sumitomo Mitsui DS Asset Management Company, Ltd trimmed | 1,007,951 | $48M | 0.1% | 2026-Q1 |
| Retirement Investment Advisors, Inc. | 995,929 | $48M | 0.1% | 2026-Q1 |
| Apella Capital, LLC trimmed | 974,951 | $47M | 0.1% | 2026-Q1 |
| CWM, LLC added | 979,386 | $47M | 0.1% | 2026-Q1 |
| P/E Global LLC trimmed | 971,692 | $47M | 0.1% | 2026-Q1 |
| Brooklyn Investment Group added | 919,240 | $44M | 0.1% | 2026-Q1 |
| Hamilton Point Investment Advisors, LLC added | 895,635 | $43M | 0.1% | 2026-Q1 |
| Corient Private Wealth LLC added | 886,978 | $43M | 0.1% | 2026-Q1 |
| Clark Asset Management, LLC added | 878,068 | $42M | 0.1% | 2026-Q1 |
| FRANKLIN RESOURCES INC trimmed | 872,899 | $42M | 0.1% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 841,604 | $40M | 0.1% | 2026-Q1 |
| Orion Porfolio Solutions, LLC added | 811,809 | $39M | 0.1% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 802,304 | $39M | 0.1% | 2026-Q1 |
| COLDSTREAM CAPITAL MANAGEMENT INC added | 793,466 | $38M | 0.1% | 2026-Q1 |
| Morningstar Investment Management LLC added | 793,418 | $38M | 0.1% | 2026-Q1 |
| CITIGROUP INC trimmed | 787,690 | $38M | 0.1% | 2026-Q1 |
| 1832 Asset Management L.P. added | 773,491 | $37M | 0.1% | 2026-Q1 |
| Efficient Advisors, LLC added | 751,540 | $36M | 0.1% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 739,560 | $36M | 0.1% | 2026-Q1 |
| Valmark Advisers, Inc. added | 737,987 | $35M | 0.1% | 2026-Q1 |
| UBS Group AG added | 731,021 | $35M | 0.1% | 2026-Q1 |
| Horizon Investments, LLC added | 712,410 | $34M | 0.1% | 2026-Q1 |
| Wedmont Private Capital added | 682,426 | $33M | 0.1% | 2026-Q1 |
| Human Investing LLC trimmed | 627,219 | $30M | 0.1% | 2026-Q1 |
| Alaska Wealth Advisors, LLC added | 624,319 | $30M | 0.1% | 2026-Q1 |
| Marotta Asset Management added | 613,248 | $29M | 0.1% | 2026-Q1 |
| Discipline Wealth Solutions, LLC added | 599,763 | $29M | 0.1% | 2026-Q1 |
| MilWealth Group LLC added | 592,950 | $28M | 0.1% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 588,144 | $28M | 0.1% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 576,650 | $28M | 0.1% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 572,449 | $28M | 0.1% | 2026-Q1 |
| PHILLIPS FINANCIAL MANAGEMENT, LLC trimmed | 568,524 | $27M | 0.1% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 563,358 | $27M | 0.1% | 2026-Q1 |
| BURRUS FINANCIAL SERVICES, INC. added | 558,338 | $27M | 0.1% | 2026-Q1 |
| Thrivent Financial for Lutherans added | 550,657 | $26M | 0.1% | 2026-Q1 |
| Avion Wealth added | 550,277 | $26M | 0.1% | 2026-Q1 |
| C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors added | 546,149 | $26M | 0.1% | 2026-Q1 |
| Hassell Wealth Management, LLC added | 544,764 | $26M | 0.1% | 2026-Q1 |
| Vise Technologies, Inc. | 535,399 | $26M | 0.1% | 2026-Q1 |
| Silver Oak Advisory Group, Inc. added | 530,313 | $25M | 0.1% | 2026-Q1 |
| Avior Wealth Management, LLC added | 522,750 | $25M | 0.1% | 2026-Q1 |
| Wiser Wealth Management, Inc added | 505,344 | $24M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC added | 84,932,492 | $4.1B | 9.5% | 2025-Q4 stale |
| Sensible Financial Planning & Management, LLC. added | 1,677,297 | $83M | 0.2% | 2025-Q3 stale |
| Orion Portfolio Solutions, LLC added | 598,507 | $29M | 0.1% | 2025-Q1 stale |
| SAGESPRING WEALTH PARTNERS, LLC added | 28,604,388 | $29M | 0.1% | 2025-Q4 stale |
| Full Sail Capital, LLC added | 521,066 | $26M | 0.1% | 2025-Q3 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.