FlexShares Quality Dividend Defensive Index Fund
QDEF
72 hedge funds and large institutions have $337M invested in FlexShares Quality Dividend Defensive Index Fund in 2021 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
15% more capital invested
Capital invested by funds: $294M → $337M (+$43.4M)
13% more funds holding
Funds holding: 64 → 72 (+8)
1.13% less ownership
Funds ownership: 71.27% → 70.14% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UWM
USAdvisors Wealth Management
Eden Prairie,
Minnesota
|
+$6.65M |
| 2 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
+$3.23M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.11M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.08M |
| 5 |
FFN
Focus Financial Network
Minneapolis,
Minnesota
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$11M |
| 2 |
3LCM
3D/L Capital Management
Hartford,
Connecticut
|
-$3.99M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$3.8M |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$3.38M |
| 5 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
-$2.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Fidelity Investments
Boston,
Massachusetts
| – | +$99 | +2 | New |
|
QDEF Hedge Fund Activity: Q1 2021 in Review
72 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in FlexShares Quality Dividend Defensive Index Fund (QDEF) for Q1 2021, worth a combined $337M — up 15% from $294M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new QDEF positions and 4 closed out — a net gain of 9 holders — while 28 added to existing stakes and 18 trimmed.
The largest buyer was USAdvisors Wealth Management, opening a new position worth an estimated $6.65M. The largest seller was Northern Trust, cutting an estimated $11M.
- 72 institutional investors held FlexShares Quality Dividend Defensive Index Fund (QDEF) as of Q1 2021, up from 64 in Q4 2020.
- Funds reported $337M of FlexShares Quality Dividend Defensive Index Fund stock for Q1 2021, up 15% quarter-over-quarter.
- 13 funds opened new FlexShares Quality Dividend Defensive Index Fund positions in Q1 2021 and 4 closed out, a net change of +9 holders.
- The largest FlexShares Quality Dividend Defensive Index Fund buyer in Q1 2021 was USAdvisors Wealth Management, an estimated $6.65M added.
- The largest FlexShares Quality Dividend Defensive Index Fund seller in Q1 2021 was Northern Trust, an estimated $11M sold.
Based on aggregated 13F filings for Q1 2021.