FlexShares Quality Dividend Defensive Index Fund
QDEF
34 hedge funds and large institutions have $263M invested in FlexShares Quality Dividend Defensive Index Fund in 2017 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
13% more funds holding
Funds holding: 30 → 34 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $265M → $263M (-$2.68M)
3.63% less ownership
Funds ownership: 84.66% → 81.03% (-3.6%)
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.31M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$446K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$284K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$159K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$135K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$15.5M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.14M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.33M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$639K |
| 5 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
-$397K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PMFA
26
Plante Moran Financial Advisors
Southfield,
Michigan
| $55K | – | – | – |
|
|
WPA
27
West Paces Advisors
Atlanta,
Georgia
| $44.3K | – | – | – |
|
28
SEI Investments
Oaks,
Pennsylvania
| $39K | +$28K | +654 | +276% |
|
|
OPWM
29
Oak Point Wealth Management
Portage,
Michigan
| $29K | +$27.9K | +650 | New |
|
30
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $22K | +$21.4K | +500 | New |
|
|
GWS
31
Glassman Wealth Services
Vienna,
Virginia
| $21K | +$172 | +4 | +0.9% |
|
|
GI
32
Gradient Investments
Arden Hills,
Minnesota
| $18K | +$17.8K | +414 | New |
|
|
CA
33
Calton & Associates
Tampa,
Florida
| $11K | +$10.6K | +246 | New |
|
|
34
Citadel Advisors
Miami,
Florida
| – | -$639K | -15,390 | Closed |
|
35
SG Americas Securities
New York
| – | -$220K | -5,307 | Closed |
|
QDEF Hedge Fund Activity: Q4 2017 in Review
34 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in FlexShares Quality Dividend Defensive Index Fund (QDEF) for Q4 2017, worth a combined $263M — down 1% from $265M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new QDEF positions and 2 closed out — a net gain of 4 holders — while 9 added to existing stakes and 14 trimmed.
The largest buyer was Jane Street, adding an estimated $1.31M. The largest seller was Northern Trust, cutting an estimated $15.5M.
- 34 institutional investors held FlexShares Quality Dividend Defensive Index Fund (QDEF) as of Q4 2017, up from 30 in Q3 2017.
- Funds reported $263M of FlexShares Quality Dividend Defensive Index Fund stock for Q4 2017, down 1% quarter-over-quarter.
- 6 funds opened new FlexShares Quality Dividend Defensive Index Fund positions in Q4 2017 and 2 closed out, a net change of +4 holders.
- The largest FlexShares Quality Dividend Defensive Index Fund buyer in Q4 2017 was Jane Street, an estimated $1.31M added.
- The largest FlexShares Quality Dividend Defensive Index Fund seller in Q4 2017 was Northern Trust, an estimated $15.5M sold.
Based on aggregated 13F filings for Q4 2017.