FlexShares iBoxx 5-Year Target Duration TIPS Index Fund
TDTF
36 hedge funds and large institutions have $411M invested in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 7 reducing their positions, and 4 closing their positions.
143% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 7
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
9% more capital invested
Capital invested by funds: $378M → $411M (+$33.4M)
6% more funds holding
Funds holding: 34 → 36 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.67% less ownership
Funds ownership: 93.93% → 93.26% (-0.67%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$24.2M |
| 2 |
RBC
Ronald Blue & Co
Roswell,
Georgia
|
+$18.8M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.69M |
| 4 |
Jane Street
New York
|
+$1.88M |
| 5 |
Credit Agricole
Montrouge Cedex,
France
|
+$1.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.67M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$504K |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$250K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$250K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$159K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AP
26
Atwood & Palmer
Kansas City,
Missouri
| $73K | – | – | – |
|
27
Citigroup
New York
| $39K | – | – | – |
|
|
JWA
28
JFS Wealth Advisors
Hermitage,
Pennsylvania
| $24K | – | – | – |
|
29
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $21K | +$21.1K | +838 | New |
|
|
NFG
30
Next Financial Group
Houston,
Texas
| $20K | +$20.1K | +800 | New |
|
|
AG
31
Advisor Group
Phoenix,
Arizona
| $18K | +$15.7K | +624 | +810% |
|
32
Creative Planning
Overland Park,
Kansas
| $15K | +$9.76K | +388 | +190% |
|
|
WA
33
WFG Advisors
Dallas,
Texas
| $5K | +$4.63K | +184 | New |
|
|
M
34
MOTCO
San Antonio,
Texas
| $3K | – | – | – |
|
|
RFM
35
Royal Fund Management
Lady Lake,
Florida
| $3K | +$3.29K | +131 | New |
|
|
BCI
36
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$250K | -10,000 | Closed |
|
|
GC
37
Guggenheim Capital
Chicago,
Illinois
| – | -$250K | -10,000 | Closed |
|
|
WTB
38
Washington Trust Bank
Spokane,
Washington
| – | -$4K | -172 | Closed |
|
|
TIM
39
Tortoise Investment Management
White Plains,
New York
| – | -$1K | -31 | Closed |
|
TDTF Hedge Fund Activity: Q1 2017 in Review
36 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) for Q1 2017, worth a combined $411M — up 8.8% from $378M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new TDTF positions and 4 closed out — a net gain of 2 holders — while 17 added to existing stakes and 7 trimmed.
The largest buyer was Northern Trust, adding an estimated $24.2M. The largest seller was Susquehanna International Group, cutting an estimated $1.67M.
- 36 institutional investors held FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) as of Q1 2017, up from 34 in Q4 2016.
- Funds reported $411M of FlexShares iBoxx 5-Year Target Duration TIPS Index Fund stock for Q1 2017, up 8.8% quarter-over-quarter.
- 6 funds opened new FlexShares iBoxx 5-Year Target Duration TIPS Index Fund positions in Q1 2017 and 4 closed out, a net change of +2 holders.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund buyer in Q1 2017 was Northern Trust, an estimated $24.2M added.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund seller in Q1 2017 was Susquehanna International Group, an estimated $1.67M sold.
Based on aggregated 13F filings for Q1 2017.