"For bundles of universals can be in more than one place at the same time; so a bundle can have more than one instance; so there can be numerically distinct particulars sharing the same universals; so the principle of identity of indiscernibles is false."

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In my view the bundle theorist should say that when a bundle is located somewhere, there is an 'instance' of the bundle there. The instance is entirely constituted by the universals of the bundle. But the bundle and the instance are two distinct entities. Bundles of universals can be multiply located, but their instances cannot, and particulars are instances of a bundle of universals.

— Gonzalo Rodriguez-Pereyra