FlexShares Quality Dividend Defensive Index Fund
QDEF
70 hedge funds and large institutions have $256M invested in FlexShares Quality Dividend Defensive Index Fund in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 27 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
1% more funds holding
Funds holding: 69 → 70 (+1)
0.57% less ownership
Funds ownership: 76.65% → 76.07% (-0.57%)
5% less capital invested
Capital invested by funds: $269M → $256M (-$12.8M)
30% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 27
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$923K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$495K |
| 3 |
AC
Anson Capital
Tyrone,
Georgia
|
+$408K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$404K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$348K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RW
RVW Wealth
Los Angeles,
California
|
-$10.6M |
| 2 |
ACA
Aspire Capital Advisors
Seattle,
Washington
|
-$5.57M |
| 3 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$1.6M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.35M |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$737K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
AssetMark Inc
Concord,
California
| – | -$51 | -1 | Closed |
|
QDEF Hedge Fund Activity: Q1 2023 in Review
70 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in FlexShares Quality Dividend Defensive Index Fund (QDEF) for Q1 2023, worth a combined $256M — down 4.7% from $269M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new QDEF positions and 6 closed out — a net gain of 2 holders — while 19 added to existing stakes and 27 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $923K. The largest seller was RVW Wealth, cutting an estimated $10.6M.
- 70 institutional investors held FlexShares Quality Dividend Defensive Index Fund (QDEF) as of Q1 2023, up from 69 in Q4 2022.
- Funds reported $256M of FlexShares Quality Dividend Defensive Index Fund stock for Q1 2023, down 4.7% quarter-over-quarter.
- 8 funds opened new FlexShares Quality Dividend Defensive Index Fund positions in Q1 2023 and 6 closed out, a net change of +2 holders.
- The largest FlexShares Quality Dividend Defensive Index Fund buyer in Q1 2023 was Citadel Advisors, an estimated $923K added.
- The largest FlexShares Quality Dividend Defensive Index Fund seller in Q1 2023 was RVW Wealth, an estimated $10.6M sold.
Based on aggregated 13F filings for Q1 2023.