FlexShares Ultra-Short Income Fund
RAVI
32 hedge funds and large institutions have $29.9M invested in FlexShares Ultra-Short Income Fund in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 6 closing their positions.
2.56% less ownership
Funds ownership: 72.3% → 69.74% (-2.6%)
6% less funds holding
Funds holding: 34 → 32 (-2)
10% less capital invested
Capital invested by funds: $33.4M → $29.9M (-$3.44M)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$1.31M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.08M |
| 3 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
+$578K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$561K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$335K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$15.5M |
| 2 |
Jane Street
New York
|
-$3.46M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.75M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$875K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$348K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LFG
26
LifePlan Financial Group
Dayton,
Ohio
| $78K | -$65K | -860 | -46% |
|
27
Bank of America
Charlotte,
North Carolina
| $34K | +$10.2K | +135 | +43% |
|
|
QCIG
28
Quad-Cities Investment Group
Davenport,
Iowa
| $15K | – | – | – |
|
|
APA
29
American Portfolios Advisors
Holbrook,
New York
| $8.03K | – | – | – |
|
30
Citigroup
New York
| $7K | – | – | – |
|
|
FGAM
31
Financial Gravity Asset Management
Lakeway,
Texas
| $3K | +$3.48K | +46 | New |
|
|
BRWM
32
B. Riley Wealth Management
Memphis,
Tennessee
| $241 | +$240K | +3,175 | New |
|
|
33
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$875K | -11,588 | Closed |
|
|
SPC
34
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$232K | -3,070 | Closed |
|
|
CAM
35
Cresset Asset Management
Chicago,
Illinois
| – | -$91K | -1,205 | Closed |
|
|
GWA
36
Guidant Wealth Advisors
Palatine,
Illinois
| – | -$17K | -226 | Closed |
|
|
SWM
37
SeaCrest Wealth Management
Purchase,
New York
| – | -$15K | -200 | Closed |
|
|
RFM
38
Royal Fund Management
Lady Lake,
Florida
| – | -$1K | -22 | Closed |
|
RAVI Hedge Fund Activity: Q2 2019 in Review
32 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in FlexShares Ultra-Short Income Fund (RAVI) for Q2 2019, worth a combined $29.9M — down 10% from $33.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of RAVI and 4 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 10 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $1.31M. The largest seller was Northern Trust, cutting an estimated $15.5M.
- 32 institutional investors held FlexShares Ultra-Short Income Fund (RAVI) as of Q2 2019, down from 34 in Q1 2019.
- Funds reported $29.9M of FlexShares Ultra-Short Income Fund stock for Q2 2019, down 10% quarter-over-quarter.
- 4 funds opened new FlexShares Ultra-Short Income Fund positions in Q2 2019 and 6 closed out, a net change of -2 holders.
- The largest FlexShares Ultra-Short Income Fund buyer in Q2 2019 was Flow Traders U.S., an estimated $1.31M added.
- The largest FlexShares Ultra-Short Income Fund seller in Q2 2019 was Northern Trust, an estimated $15.5M sold.
Based on aggregated 13F filings for Q2 2019.