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FlexShares Quality Dividend Index Fund

86 hedge funds and large institutions have $1.3B invested in FlexShares Quality Dividend Index Fund in 2018 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 25 increasing their positions, 27 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

0.85% more ownership

Funds ownership: 82.27%83.13% (+0.85%)

7% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 27

7% less funds holding

Funds holding: 9286 (-6)

16% less capital invested

Capital invested by funds: $1.54B → $1.3B (-$239M)

35% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 17

Holders
86
Holders Change
-6
Holders Change %
-6.52%
% of All Funds
1.92%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.18%
New
11
Increased
25
Reduced
27
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
1
Northern Trust
Illinois
$799M -$21.2M -482,258 -2%
TF
2
TIAA FSB
Florida
$287M +$23.6M +536,766 +8%
UBS Group
3
UBS Group
Switzerland
$30.3M -$9.14M -208,100 -21%
LNB
4
Ledyard National Bank
$25.2M +$17.5M +399,117 +170%
QI
5
QS Investors
New York
$22.8M -$2.02M -45,871 -7%
APCM
6
Alaska Permanent Capital Management
Alaska
$17.4M -$6.07M -138,247 -24%
Bank of America
7
Bank of America
North Carolina
$15.2M -$640K -14,576 -4%
V
8
VeraBank
Texas
$12.6M +$13.9M +315,926 New
Morgan Stanley
9
Morgan Stanley
New York
$8.72M -$3.58M -81,452 -27%
CWM
10
Confluence Wealth Management
Oregon
$6.38M -$88.7K -2,018 -1%
KeyBank National Association
11
KeyBank National Association
Ohio
$5.33M +$5.88M +133,819 New
RAG
12
Roof Advisory Group
Pennsylvania
$5.29M +$449K +10,219 +8%
CCM
13
Cribstone Capital Management
Maine
$5.25M -$324K -7,370 -5%
LPL Financial
14
LPL Financial
California
$4.78M -$194K -4,412 -4%
CB
15
CNB Bank
Pennsylvania
$4.46M -$398K -9,067 -7%
TW
16
Transform Wealth
Colorado
$4.17M -$3.51M -79,981 -43%
BIM
17
Bridges Investment Management
Nebraska
$3.74M +$4.13M +93,975 New
Citadel Advisors
18
Citadel Advisors
Florida
$2.78M +$3.07M +69,929 New
Baird Financial Group
19
Baird Financial Group
Wisconsin
$2.66M +$276K +6,280 +10%
FF
20
Fluent Financial
Texas
$2.29M +$487K +11,094 +24%
AWA
21
Alaska Wealth Advisors
Alaska
$2.27M -$11.1M -251,651 -82%
CWM
22
Cedar Wealth Management
California
$2.12M -$256K -5,825 -10%
HFA
23
HC Financial Advisors
California
$1.77M +$186K +4,233 +10%
FHA
24
Flagship Harbor Advisors
Massachusetts
$1.68M +$357K +8,127 +24%
TCOV
25
Trust Company of Vermont
Vermont
$1.67M

QDF Hedge Fund Activity: Q4 2018 in Review

86 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in FlexShares Quality Dividend Index Fund (QDF) for Q4 2018, worth a combined $1.3B — down 16% from $1.54B a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of QDF and 11 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 25 added.

The largest buyer was TIAA FSB, adding an estimated $23.6M. The largest seller was Northern Trust, cutting an estimated $21.2M.

  • 86 institutional investors held FlexShares Quality Dividend Index Fund (QDF) as of Q4 2018, down from 92 in Q3 2018.
  • Funds reported $1.3B of FlexShares Quality Dividend Index Fund stock for Q4 2018, down 16% quarter-over-quarter.
  • 11 funds opened new FlexShares Quality Dividend Index Fund positions in Q4 2018 and 17 closed out, a net change of -6 holders.
  • The largest FlexShares Quality Dividend Index Fund buyer in Q4 2018 was TIAA FSB, an estimated $23.6M added.
  • The largest FlexShares Quality Dividend Index Fund seller in Q4 2018 was Northern Trust, an estimated $21.2M sold.

Based on aggregated 13F filings for Q4 2018.