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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.45M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.31M |
| 3 |
LSA
L & S Advisors
Los Angeles,
California
|
+$418K |
| 4 |
UB
UMB Bank
Kansas City,
Missouri
|
+$150K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$112K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$2.26M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$1.73M |
| 3 |
ZB
Zions Bancorporation
Salt Lake City,
Utah
|
-$574K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$339K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$326K |
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.