FlexShares Quality Dividend Defensive Index Fund
QDEF
64 hedge funds and large institutions have $294M invested in FlexShares Quality Dividend Defensive Index Fund in 2020 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 27 increasing their positions, 20 reducing their positions, and 5 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 20
0.32% more ownership
Funds ownership: 70.95% → 71.27% (+0.32%)
5% less capital invested
Capital invested by funds: $309M → $294M (-$15M)
7% less funds holding
Funds holding: 69 → 64 (-5)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Centaurus Financial
Anaheim,
California
|
+$3.33M |
| 2 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
+$1.49M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.35M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$837K |
| 5 |
RW
REDW Wealth
Albuquerque,
New Mexico
|
+$807K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$7.26M |
| 2 |
FF
Fluent Financial
Dallas,
Texas
|
-$2.04M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.03M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.88M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.51M |
QDEF Hedge Fund Activity: Q4 2020 in Review
64 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in FlexShares Quality Dividend Defensive Index Fund (QDEF) for Q4 2020, worth a combined $294M — down 4.9% from $309M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of QDEF and 3 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 27 added.
The largest buyer was Centaurus Financial, adding an estimated $3.33M. The largest seller was Northern Trust, cutting an estimated $7.26M.
- 64 institutional investors held FlexShares Quality Dividend Defensive Index Fund (QDEF) as of Q4 2020, down from 69 in Q3 2020.
- Funds reported $294M of FlexShares Quality Dividend Defensive Index Fund stock for Q4 2020, down 4.9% quarter-over-quarter.
- 3 funds opened new FlexShares Quality Dividend Defensive Index Fund positions in Q4 2020 and 5 closed out, a net change of -2 holders.
- The largest FlexShares Quality Dividend Defensive Index Fund buyer in Q4 2020 was Centaurus Financial, an estimated $3.33M added.
- The largest FlexShares Quality Dividend Defensive Index Fund seller in Q4 2020 was Northern Trust, an estimated $7.26M sold.
Based on aggregated 13F filings for Q4 2020.