FlexShares Quality Dividend Index Fund
29 hedge funds and large institutions have $562M invested in FlexShares Quality Dividend Index Fund in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 7 closing their positions.
0.58% more ownership
Funds ownership: 87.19% → 87.78% (+0.58%)
6% less funds holding
Funds holding: 31 → 29 (-2)
6% less capital invested
Capital invested by funds: $600M → $562M (-$38.7M)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
Northern Trust
Chicago,
Illinois
|
+$58.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$8.8M |
| 3 |
LNB
Ledyard National Bank
|
+$4.38M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.74M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$962K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $13K | +$146 | +4 | +1% |
|
|
WEC
27
Winslow Evans & Crocker
Boston,
Massachusetts
| $5.5K | – | – | – |
|
28
US Bancorp
Minneapolis,
Minnesota
| $1K | +$1.35K | +37 | New |
|
|
RJA
29
Raymond James & Associates
St Petersburg,
Florida
| – | -$6.06M | -167,435 | Closed |
|
30
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$5.65M | -156,214 | Closed |
|
|
BTS
31
BB&T Securities
Richmond,
Virginia
| – | -$28.6M | -79,067 | Closed |
|
32
Envestnet Asset Management
Chicago,
Illinois
| – | -$361K | -9,972 | Closed |
|
|
S
33
SignatureFD
Atlanta,
Georgia
| – | -$108K | -2,984 | Closed |
|
|
WA
34
Waverly Advisors
Birmingham,
Alabama
| – | -$20K | -541 | Closed |
|
|
HI
35
Hudock Inc
Williamsport,
Pennsylvania
| – | -$5K | -145 | Closed |
|
QDF Hedge Fund Activity: Q1 2015 in Review
29 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in FlexShares Quality Dividend Index Fund (QDF) for Q1 2015, worth a combined $562M — down 6.5% from $600M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of QDF and 6 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 8 added.
The largest buyer was Northern Trust, adding an estimated $58.6M. The largest seller was RiverFront Investment Group, cutting an estimated $77.6M.
- 29 institutional investors held FlexShares Quality Dividend Index Fund (QDF) as of Q1 2015, down from 31 in Q4 2014.
- Funds reported $562M of FlexShares Quality Dividend Index Fund stock for Q1 2015, down 6.5% quarter-over-quarter.
- 6 funds opened new FlexShares Quality Dividend Index Fund positions in Q1 2015 and 7 closed out, a net change of -1 holder.
- The largest FlexShares Quality Dividend Index Fund buyer in Q1 2015 was Northern Trust, an estimated $58.6M added.
- The largest FlexShares Quality Dividend Index Fund seller in Q1 2015 was RiverFront Investment Group, an estimated $77.6M sold.
Based on aggregated 13F filings for Q1 2015.