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FlexShares Quality Dividend Index Fund

50 hedge funds and large institutions have $1.05B invested in FlexShares Quality Dividend Index Fund in 2016 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 17 increasing their positions, 8 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 3

300% more funds holding in top 10

Funds holding in top 10: 14 (+3)

113% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 8

65% more capital invested

Capital invested by funds: $634M → $1.05B (+$415M)

32% more funds holding

Funds holding: 3850 (+12)

2.09% more ownership

Funds ownership: 89.2%91.29% (+2.1%)

Holders
50
Holders Change
+12
Holders Change %
+31.58%
% of All Funds
1.33%
Holding in Top 10
4
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+300%
% of All Funds
0.11%
New
15
Increased
17
Reduced
8
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
1
Northern Trust
Illinois
$631M +$35.1M +1,034,580 +6%
TCT
2
TIAA CREF Trust
Missouri
$166M +$156M +4,593,184 New
RIG
3
RiverFront Investment Group
Virginia
$125M +$117M +3,461,780 New
RJA
4
Raymond James & Associates
Florida
$31.6M +$29.7M +874,910 New
APCM
5
Alaska Permanent Capital Management
Alaska
$18M +$16.9M +499,370 New
RJFSA
6
Raymond James Financial Services Advisors
Florida
$12.6M +$892K +26,282 +8%
LNB
7
Ledyard National Bank
$12.2M -$1.22M -35,912 -10%
BTS
8
BB&T Securities
Virginia
$9.56M +$8.99M +264,819 New
UBS Group
9
UBS Group
Switzerland
$6.84M +$2.19M +64,411 +51%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$5.07M +$3.87M +114,005 +433%
Envestnet Asset Management
11
Envestnet Asset Management
Illinois
$3.65M +$3.39M +99,768 +7,868%
Goldman Sachs
12
Goldman Sachs
New York
$3.58M +$3.37M +99,229 New
CK
13
Carnick & Kubik
Colorado
$3.49M +$1.79M +52,818 +121%
CWM
14
Confluence Wealth Management
Oregon
$3.02M +$1.24M +36,629 +78%
Bank of America
15
Bank of America
North Carolina
$2.97M -$6.21M -182,895 -69%
Morgan Stanley
16
Morgan Stanley
New York
$2.62M +$130K +3,832 +6%
LPL Financial
17
LPL Financial
California
$2.38M -$2.13M -62,678 -48%
Citadel Advisors
18
Citadel Advisors
Florida
$2.02M +$776K +22,874 +69%
LWA
19
Lenox Wealth Advisors
New York
$1.05M +$133K +3,924 +16%
Brown Advisory
20
Brown Advisory
Maryland
$641K +$38.1K +1,124 +7%
Stifel Financial
21
Stifel Financial
Missouri
$608K +$198K +5,836 +53%
OC
22
Oppenheimer & Co
New York
$581K +$48.9K +1,441 +10%
UR
23
USCA RIA
Texas
$528K +$87.5K +2,580 +21%
ST
24
Sentinel Trust
Texas
$502K
Susquehanna International Group
25
Susquehanna International Group
Pennsylvania
$400K +$168K +4,964 +81%

QDF Hedge Fund Activity: Q1 2016 in Review

50 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in FlexShares Quality Dividend Index Fund (QDF) for Q1 2016, worth a combined $1.05B — up 65% from $634M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new QDF positions and 3 closed out — a net gain of 12 holders — while 17 added to existing stakes and 8 trimmed.

The largest buyer was TIAA CREF Trust, opening a new position worth an estimated $156M. The largest seller was Bank of America, cutting an estimated $6.21M.

  • 50 institutional investors held FlexShares Quality Dividend Index Fund (QDF) as of Q1 2016, up from 38 in Q4 2015.
  • Funds reported $1.05B of FlexShares Quality Dividend Index Fund stock for Q1 2016, up 65% quarter-over-quarter.
  • 15 funds opened new FlexShares Quality Dividend Index Fund positions in Q1 2016 and 3 closed out, a net change of +12 holders.
  • The largest FlexShares Quality Dividend Index Fund buyer in Q1 2016 was TIAA CREF Trust, an estimated $156M added.
  • The largest FlexShares Quality Dividend Index Fund seller in Q1 2016 was Bank of America, an estimated $6.21M sold.

Based on aggregated 13F filings for Q1 2016.