FlexShares iBoxx 5-Year Target Duration TIPS Index Fund
TDTF
29 hedge funds and large institutions have $357M invested in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11% more capital invested
Capital invested by funds: $322M → $357M (+$35.1M)
0.57% more ownership
Funds ownership: 94.89% → 95.45% (+0.57%)
3% less funds holding
Funds holding: 30 → 29 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RBC
Ronald Blue & Co
Roswell,
Georgia
|
+$33.9M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$8.66M |
| 3 |
EK
Evensky & Katz
Coral Gables,
Florida
|
+$2.98M |
| 4 |
Morgan Stanley
New York
|
+$371K |
| 5 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$179K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$5.13M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$587K |
| 3 |
LC
Lourd Capital
Beverly Hills,
California
|
-$218K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$144K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$127K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
M
26
MOTCO
San Antonio,
Texas
| $3K | – | – | – |
|
|
MFS
27
MSI Financial Services
Springfield,
Massachusetts
| $2K | +$25 | +1 | +1% |
|
|
TIM
28
Tortoise Investment Management
White Plains,
New York
| $1K | – | – | – |
|
|
SMH
29
Sanders Morris Harris
Houston,
Texas
| – | -$5.13M | -199,818 | Closed |
|
|
30
Wolverine Trading
Chicago,
Illinois
| – | -$587K | -22,963 | Closed |
|
|
DBT
31
Dubuque Bank & Trust
Dubuque,
Iowa
| – | -$26K | -1,000 | Closed |
|
|
WC
32
Whitnell & Co
Oak Brook,
Illinois
| – | -$13K | -500 | Closed |
|
TDTF Hedge Fund Activity: Q3 2016 in Review
29 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 Q3 2016, worth a combined $357M — up 11% from $322M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TDTF and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 12 added.
The largest buyer was Ronald Blue & Co, adding an estimated $33.9M. The largest seller was Sanders Morris Harris, exiting entirely with an estimated $5.13M sold.
- 29 institutional investors held FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) as of Q3 2016, down from 30 in Q2 2016.
- Funds reported $357M of FlexShares iBoxx 5-Year Target Duration TIPS Index Fund stock for Q3 2016, up 11% quarter-over-quarter.
- 3 funds opened new FlexShares iBoxx 5-Year Target Duration TIPS Index Fund positions in Q3 2016 and 4 closed out, a net change of -1 holder.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund buyer in Q3 2016 was Ronald Blue & Co, an estimated $33.9M added.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund seller in Q3 2016 was Sanders Morris Harris, an estimated $5.13M sold.
Based on aggregated 13F filings for Q3 2016.