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FlexShares Quality Dividend Defensive Index Fund
QDEF

71 hedge funds and large institutions have $248M invested in FlexShares Quality Dividend Defensive Index Fund in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 25 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 4

3% more funds holding

Funds holding: 69 → 71 (+2)

0.56% more ownership

Funds ownership: 76.6% → 77.16% (+0.56%)

4% less capital invested

Capital invested by funds: $258M → $248M (-$10.6M)

24% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 25

Holders
71
Holders Change
+2
Holders Change %
+2.9%
% of All Funds
1.13%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
19
Reduced
25
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$1.45M
2
Citadel Advisors
Citadel Advisors
Florida
+$1.31M
3
LSA
L & S Advisors
California
+$418K
4
UB
UMB Bank
Missouri
+$150K
5
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$112K

Top Sellers

Rank Fund Capital Flow
1
Bank of New York Mellon
Bank of New York Mellon
New York
-$2.26M
2
Northern Trust
Northern Trust
Illinois
-$1.73M
3
ZB
Zions Bancorporation
Utah
-$574K
4
KAS
Kestra Advisory Services
Texas
-$339K
5
FTUS
Flow Traders U.S.
New York
-$326K
Name Holding Trade Value Shares
Change 		Change in
Stake
Osaic Holdings
26
Osaic Holdings
Arizona
$730K +$59.5K +1,056 +8%
Bank of America
27
Bank of America
North Carolina
$672K -$25.9K -459 -4%
KAS
28
Kestra Advisory Services
Texas
$627K -$339K -6,018 -34%
WAP
29
Wealthcare Advisory Partners
Pennsylvania
$622K – – –
Cambridge Investment Research Advisors
30
Cambridge Investment Research Advisors
Iowa
$600K -$4.62K -82 -0.7%
KWM
31
Kaydan Wealth Management
Michigan
$594K -$15.6K -277 -2%
HA
32
Herold Advisors
New York
$586K -$52.6K -933 -8%
JMPWA
33
JP Morgan Private Wealth Advisors
California
$574K -$9.69K -172 -2%
Stifel Financial
34
Stifel Financial
Missouri
$557K -$28.2K -500 -5%
CWM
35
Cedar Wealth Management
California
$516K +$1.01K +18 +0.2%
NA
36
NewEdge Advisors
Louisiana
$475K -$10.4K -185 -2%
AFO
37
Arrowroot Family Office
California
$471K – – –
KPWS
38
Kestra Private Wealth Services
Texas
$436K +$3.89K +69 +0.9%
AC
39
Anson Capital
Georgia
$416K +$61.9K +1,098 +17%
Ameriprise
40
Ameriprise
Minnesota
$390K +$101K +1,795 +33%
MA
41
MONECO Advisors
Connecticut
$379K – – –
LNB
42
Ledyard National Bank
$377K – – –
TRCT
43
Tower Research Capital (TRC)
New York
$372K -$4.9K -87 -1%
Bank of New York Mellon
44
Bank of New York Mellon
New York
$360K -$2.26M -40,147 -86%
Thrivent Financial for Lutherans
45
Thrivent Financial for Lutherans
Minnesota
$339K +$958 +17 +0.3%
Envestnet Asset Management
46
Envestnet Asset Management
Illinois
$338K – – –
Cetera Investment Advisers
47
Cetera Investment Advisers
Illinois
$332K +$112K +1,985 +48%
WKSWA
48
White Knight Strategic Wealth Advisors
New Jersey
$318K – – –
Fifth Third Bancorp
49
Fifth Third Bancorp
Ohio
$284K -$19.7K -350 -6%
PNC Financial Services Group
50
PNC Financial Services Group
Pennsylvania
$268K +$70.4K +1,250 +34%
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QDEF Hedge Fund Activity: Q3 2023 in Review

71 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in FlexShares Quality Dividend Defensive Index Fund (QDEF) for Q3 2023, worth a combined $248M — down 4.1% from $258M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new QDEF positions and 4 closed out — a net gain of 2 holders — while 19 added to existing stakes and 25 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $1.45M. The largest seller was Bank of New York Mellon, cutting an estimated $2.26M.

  • 71 institutional investors held FlexShares Quality Dividend Defensive Index Fund (QDEF) as of Q3 2023, up from 69 in Q2 2023.
  • Funds reported $248M of FlexShares Quality Dividend Defensive Index Fund stock for Q3 2023, down 4.1% quarter-over-quarter.
  • 6 funds opened new FlexShares Quality Dividend Defensive Index Fund positions in Q3 2023 and 4 closed out, a net change of +2 holders.
  • The largest FlexShares Quality Dividend Defensive Index Fund buyer in Q3 2023 was Royal Bank of Canada, an estimated $1.45M added.
  • The largest FlexShares Quality Dividend Defensive Index Fund seller in Q3 2023 was Bank of New York Mellon, an estimated $2.26M sold.

Based on aggregated 13F filings for Q3 2023.