FlexShares US Quality Large Cap Index Fund
QLC
18 hedge funds and large institutions have $38.6M invested in FlexShares US Quality Large Cap Index Fund in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
50% more funds holding
Funds holding: 12 → 18 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7.65% less ownership
Funds ownership: 83.98% → 76.33% (-7.6%)
43% less capital invested
Capital invested by funds: $67.6M → $38.6M (-$29M)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.12M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$489K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$458K |
| 4 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$429K |
| 5 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
+$270K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CB
CNB Bank
Clearfield,
Pennsylvania
|
-$27.6M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$3.47M |
| 3 |
LNB
Ledyard National Bank
|
-$417K |
| 4 |
Jane Street
New York
|
-$390K |
| 5 |
PNC
Park National Corp
Newark,
Ohio
|
-$77.9K |
QLC Hedge Fund Activity: Q2 2019 in Review
18 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in FlexShares US Quality Large Cap Index Fund (QLC) for Q2 2019, worth a combined $38.6M — down 43% from $67.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new QLC positions and 1 closed out — a net gain of 6 holders — while 3 added to existing stakes and 6 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $1.12M. The largest seller was CNB Bank, cutting an estimated $27.6M.
- 18 institutional investors held FlexShares US Quality Large Cap Index Fund (QLC) as of Q2 2019, up from 12 in Q1 2019.
- Funds reported $38.6M of FlexShares US Quality Large Cap Index Fund stock for Q2 2019, down 43% quarter-over-quarter.
- 7 funds opened new FlexShares US Quality Large Cap Index Fund positions in Q2 2019 and 1 closed out, a net change of +6 holders.
- The largest FlexShares US Quality Large Cap Index Fund buyer in Q2 2019 was Envestnet Asset Management, an estimated $1.12M added.
- The largest FlexShares US Quality Large Cap Index Fund seller in Q2 2019 was CNB Bank, an estimated $27.6M sold.
Based on aggregated 13F filings for Q2 2019.