FlexShares iBoxx 5-Year Target Duration TIPS Index Fund
TDTF
34 hedge funds and large institutions have $378M invested in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 4 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
17% more funds holding
Funds holding: 29 → 34 (+5)
6% more capital invested
Capital invested by funds: $357M → $378M (+$21M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.53% less ownership
Funds ownership: 95.45% → 93.93% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$16.4M |
| 2 |
NA
Nottingham Advisors
Amherst,
New York
|
+$6.84M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.9M |
| 4 |
RBC
Ronald Blue & Co
Roswell,
Georgia
|
+$5.78M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$1.58M |
| 2 |
Jane Street
New York
|
-$365K |
| 3 |
FNBT
FineMark National Bank & Trust
Fort Myers,
Florida
|
-$20K |
| 4 |
Citigroup
New York
|
-$9.14K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$8.94K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AP
26
Atwood & Palmer
Kansas City,
Missouri
| $72K | – | – | – |
|
|
27
Citigroup
New York
| $39K | -$9.14K | -363 | -19% |
|
|
JWA
28
JFS Wealth Advisors
Hermitage,
Pennsylvania
| $24K | +$24.5K | +972 | New |
|
|
29
Creative Planning
Overland Park,
Kansas
| $5K | -$8.94K | -355 | -64% |
|
|
WTB
30
Washington Trust Bank
Spokane,
Washington
| $4K | – | – | – |
|
|
M
31
MOTCO
San Antonio,
Texas
| $3K | – | – | – |
|
|
AG
32
Advisor Group
Phoenix,
Arizona
| $2K | -$7.55K | -300 | -80% |
|
|
TIM
33
Tortoise Investment Management
White Plains,
New York
| $1K | – | – | – |
|
|
34
Jane Street
New York
| – | -$365K | -14,342 | Closed |
|
|
FNBT
35
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$20K | -775 | Closed |
|
|
TFA
36
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$7K | -242 | Closed |
|
|
MFS
37
MSI Financial Services
Springfield,
Massachusetts
| – | -$2K | -98 | Closed |
|
TDTF Hedge Fund Activity: Q4 2016 in Review
34 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) for Q4 2016, worth a combined $378M — up 5.9% from $357M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TDTF positions and 4 closed out — a net gain of 5 holders — while 14 added to existing stakes and 5 trimmed.
The largest buyer was Northern Trust, adding an estimated $16.4M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $1.58M.
- 34 institutional investors held FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) as of Q4 2016, up from 29 in Q3 2016.
- Funds reported $378M of FlexShares iBoxx 5-Year Target Duration TIPS Index Fund stock for Q4 2016, up 5.9% quarter-over-quarter.
- 9 funds opened new FlexShares iBoxx 5-Year Target Duration TIPS Index Fund positions in Q4 2016 and 4 closed out, a net change of +5 holders.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund buyer in Q4 2016 was Northern Trust, an estimated $16.4M added.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund seller in Q4 2016 was Charles Schwab Investment Advisory, an estimated $1.58M sold.
Based on aggregated 13F filings for Q4 2016.