FlexShares STOXX Global Broad Infrastructure Index Fund
NFRA
53 hedge funds and large institutions have $853M invested in FlexShares STOXX Global Broad Infrastructure Index Fund in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 7 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
24% more capital invested
Capital invested by funds: $688M → $853M (+$165M)
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
2.92% more ownership
Funds ownership: 90.46% → 93.39% (+2.9%)
2% more funds holding
Funds holding: 52 → 53 (+1)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$53.3M |
| 2 |
AWA
Alaska Wealth Advisors
Anchorage,
Alaska
|
+$14.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.98M |
| 4 |
Jane Street
New York
|
+$530K |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$512K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.19M |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$428K |
| 3 |
LNB
Ledyard National Bank
|
-$263K |
| 4 |
LPL Financial
San Diego,
California
|
-$230K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$166K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $2K | – | – | – |
|
52
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $1K | – | – | – |
|
|
FAAS
53
First Allied Advisory Services
San Diego,
California
| – | -$428K | -9,803 | Closed |
|
|
MCM
54
Manchester Capital Management
Manchester,
Vermont
| – | -$80K | -1,750 | Closed |
|
|
CAM
55
Cresset Asset Management
Chicago,
Illinois
| – | -$76K | -1,738 | Closed |
|
|
GT
56
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$53 | -1,228 | Closed |
|
|
CCM
57
Covington Capital Management
Los Angeles,
California
| – | -$44K | -1,000 | Closed |
|
|
AIC
58
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$26K | -603 | Closed |
|
|
IA
59
IFP Advisors
Tampa,
Florida
| – | -$17K | -385 | Closed |
|
NFRA Hedge Fund Activity: Q1 2019 in Review
53 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) for Q1 2019, worth a combined $853M — up 24% from $688M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NFRA positions and 7 closed out — a net gain of 1 holder — while 20 added to existing stakes and 14 trimmed.
The largest buyer was Northern Trust, adding an estimated $53.3M. The largest seller was Morgan Stanley, cutting an estimated $1.19M.
- 53 institutional investors held FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) as of Q1 2019, up from 52 in Q4 2018.
- Funds reported $853M of FlexShares STOXX Global Broad Infrastructure Index Fund stock for Q1 2019, up 24% quarter-over-quarter.
- 8 funds opened new FlexShares STOXX Global Broad Infrastructure Index Fund positions in Q1 2019 and 7 closed out, a net change of +1 holder.
- The largest FlexShares STOXX Global Broad Infrastructure Index Fund buyer in Q1 2019 was Northern Trust, an estimated $53.3M added.
- The largest FlexShares STOXX Global Broad Infrastructure Index Fund seller in Q1 2019 was Morgan Stanley, an estimated $1.19M sold.
Based on aggregated 13F filings for Q1 2019.