FlexShares Ultra-Short Income Fund
RAVI
34 hedge funds and large institutions have $33.4M invested in FlexShares Ultra-Short Income Fund in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
10% more funds holding
Funds holding: 31 → 34 (+3)
5% less capital invested
Capital invested by funds: $35.2M → $33.4M (-$1.85M)
5.46% less ownership
Funds ownership: 77.76% → 72.3% (-5.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.28M |
| 2 |
FF
Fluent Financial
Dallas,
Texas
|
+$1.21M |
| 3 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
+$1.07M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$873K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$837K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$10M |
| 2 |
Jane Street
New York
|
-$4.3M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$1.45M |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$1.13M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$608K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAM
26
Cresset Asset Management
Chicago,
Illinois
| $91K | – | – | – |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $88K | – | – | – |
|
|
28
Bank of America
Charlotte,
North Carolina
| $24K | -$608K | -8,064 | -96% |
|
|
GWA
29
Guidant Wealth Advisors
Palatine,
Illinois
| $17K | +$17K | +226 | New |
|
|
QCIG
30
Quad-Cities Investment Group
Davenport,
Iowa
| $15K | – | – | – |
|
|
SWM
31
SeaCrest Wealth Management
Purchase,
New York
| $15K | – | – | – |
|
|
APA
32
American Portfolios Advisors
Holbrook,
New York
| $8.01K | – | – | – |
|
33
Citigroup
New York
| $7K | +$6.55K | +87 | New |
|
|
RFM
34
Royal Fund Management
Lady Lake,
Florida
| $1K | +$1.66K | +22 | New |
|
|
FTUS
35
Flow Traders U.S.
New York
| – | -$1.45M | -19,298 | Closed |
|
|
IA
36
IFP Advisors
Tampa,
Florida
| – | -$1.13M | -14,999 | Closed |
|
|
WANY
37
Wealthspire Advisors (New York)
New York
| – | -$449K | -5,979 | Closed |
|
|
LNB
38
Ledyard National Bank
| – | -$16K | -213 | Closed |
|
RAVI Hedge Fund Activity: Q1 2019 in Review
34 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in FlexShares Ultra-Short Income Fund (RAVI) for Q1 2019, worth a combined $33.4M — down 5.3% from $35.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RAVI positions and 4 closed out — a net gain of 3 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Baird Financial Group, opening a new position worth an estimated $1.28M. The largest seller was Northern Trust, cutting an estimated $10M.
- 34 institutional investors held FlexShares Ultra-Short Income Fund (RAVI) as of Q1 2019, up from 31 in Q4 2018.
- Funds reported $33.4M of FlexShares Ultra-Short Income Fund stock for Q1 2019, down 5.3% quarter-over-quarter.
- 7 funds opened new FlexShares Ultra-Short Income Fund positions in Q1 2019 and 4 closed out, a net change of +3 holders.
- The largest FlexShares Ultra-Short Income Fund buyer in Q1 2019 was Baird Financial Group, an estimated $1.28M added.
- The largest FlexShares Ultra-Short Income Fund seller in Q1 2019 was Northern Trust, an estimated $10M sold.
Based on aggregated 13F filings for Q1 2019.