FlexShares iBoxx 5-Year Target Duration TIPS Index Fund
TDTF
30 hedge funds and large institutions have $322M invested in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
40% more capital invested
Capital invested by funds: $230M → $322M (+$91.9M)
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
30% more funds holding
Funds holding: 23 → 30 (+7)
1.71% more ownership
Funds ownership: 93.18% → 94.89% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RBC
Ronald Blue & Co
Roswell,
Georgia
|
+$82.8M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$12.3M |
| 3 |
SMH
Sanders Morris Harris
Houston,
Texas
|
+$2.79M |
| 4 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$1.61M |
| 5 |
EK
Evensky & Katz
Coral Gables,
Florida
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$991K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$652K |
| 3 |
LC
Lourd Capital
Beverly Hills,
California
|
-$613K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$524K |
| 5 |
Jane Street
New York
|
-$48.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WTB
26
Washington Trust Bank
Spokane,
Washington
| $4K | – | – | – |
|
|
M
27
MOTCO
San Antonio,
Texas
| $3K | – | – | – |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $2K | +$2.46K | +97 | New |
|
|
TIM
29
Tortoise Investment Management
White Plains,
New York
| $1K | – | – | – |
|
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$652K | -25,794 | Closed |
|
|
AIG
31
American International Group
New York
| – | -$29K | -1,129 | Closed |
|
TDTF Hedge Fund Activity: Q2 2016 in Review
30 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) for Q2 2016, worth a combined $322M — up 40% from $230M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TDTF positions and 2 closed out — a net gain of 7 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Ronald Blue & Co, opening a new position worth an estimated $82.8M. The largest seller was LPL Financial, cutting an estimated $991K.
- 30 institutional investors held FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) as of Q2 2016, up from 23 in Q1 2016.
- Funds reported $322M of FlexShares iBoxx 5-Year Target Duration TIPS Index Fund stock for Q2 2016, up 40% quarter-over-quarter.
- 9 funds opened new FlexShares iBoxx 5-Year Target Duration TIPS Index Fund positions in Q2 2016 and 2 closed out, a net change of +7 holders.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund buyer in Q2 2016 was Ronald Blue & Co, an estimated $82.8M added.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund seller in Q2 2016 was LPL Financial, an estimated $991K sold.
Based on aggregated 13F filings for Q2 2016.