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FlexShares Quality Dividend Index Fund

118 hedge funds and large institutions have $1.27B invested in FlexShares Quality Dividend Index Fund in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 37 increasing their positions, 40 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.06% more ownership

Funds ownership: 82.02%83.08% (+1.1%)

1% more capital invested

Capital invested by funds: $1.26B → $1.27B (+$13M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

8% less repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 40

4% less funds holding

Funds holding: 123118 (-5)

18% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 11

Holders
118
Holders Change
-5
Holders Change %
-4.07%
% of All Funds
1.88%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
9
Increased
37
Reduced
40
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
1
Northern Trust
Illinois
$760M -$8.4M -155,126 -1%
TF
2
TIAA FSB
Florida
$233M -$16.5M -304,076 -7%
KeyBank National Association
3
KeyBank National Association
Ohio
$30.7M +$276K +5,096 +0.9%
V
4
VeraBank
Texas
$22.1M -$130K -2,402 -0.6%
UBS Group
5
UBS Group
Switzerland
$16.5M +$2.54K +47 +0%
Bank of America
6
Bank of America
North Carolina
$15M +$374K +6,908 +3%
LPL Financial
7
LPL Financial
California
$13.8M +$176K +3,249 +1%
Morgan Stanley
8
Morgan Stanley
New York
$13.7M -$142K -2,622 -1%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$13.2M -$7.79M -143,936 -37%
OPS
10
Orion Portfolio Solutions
Nebraska
$11.9M +$19.2K +355 +0.2%
BCI
11
Brinker Capital Investments
Pennsylvania
$11.9M +$10.4M +192,181 +968%
BSW
12
Buckingham Strategic Wealth
Missouri
$9.75M
TW
13
Transform Wealth
Colorado
$9.61M +$4.43M +81,811 +86%
WANY
14
Wealthspire Advisors (New York)
New York
$9.46M -$201K -3,705 -2%
LNB
15
Ledyard National Bank
$9.11M -$46.1K -852 -0.5%
Baird Financial Group
16
Baird Financial Group
Wisconsin
$9M +$293K +5,413 +3%
BIM
17
Bridges Investment Management
Nebraska
$7.49M -$89.7K -1,658 -1%
BFEC
18
Benjamin F. Edwards & Company
Missouri
$3.98M +$122K +2,259 +3%
AF
19
Allworth Financial
California
$3.91M -$1.1M -20,297 -22%
MFG
20
Magnus Financial Group
New York
$3.6M +$9.2K +170 +0.3%
Goldman Sachs
21
Goldman Sachs
New York
$3.21M +$192K +3,555 +6%
MML Investors Services
22
MML Investors Services
Massachusetts
$3.03M +$327K +6,038 +12%
LFA
23
Landmark Financial Advisors
Kentucky
$2.82M +$704K +13,006 +34%
MOS
24
MGO One Seven
Ohio
$2.79M +$1.75M +32,400 +172%
Wells Fargo
25
Wells Fargo
California
$2.75M -$31.9K -589 -1%

QDF Hedge Fund Activity: Q1 2023 in Review

118 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in FlexShares Quality Dividend Index Fund (QDF) for Q1 2023, worth a combined $1.27B — up 1% from $1.26B a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of QDF and 9 opened new positions — a net loss of 2 holders — while 40 trimmed existing stakes and 37 added.

The largest buyer was Brinker Capital Investments, adding an estimated $10.4M. The largest seller was TIAA FSB, cutting an estimated $16.5M.

  • 118 institutional investors held FlexShares Quality Dividend Index Fund (QDF) as of Q1 2023, down from 123 in Q4 2022.
  • Funds reported $1.27B of FlexShares Quality Dividend Index Fund stock for Q1 2023, up 1% quarter-over-quarter.
  • 9 funds opened new FlexShares Quality Dividend Index Fund positions in Q1 2023 and 11 closed out, a net change of -2 holders.
  • The largest FlexShares Quality Dividend Index Fund buyer in Q1 2023 was Brinker Capital Investments, an estimated $10.4M added.
  • The largest FlexShares Quality Dividend Index Fund seller in Q1 2023 was TIAA FSB, an estimated $16.5M sold.

Based on aggregated 13F filings for Q1 2023.