FlexShares iBoxx 5-Year Target Duration TIPS Index Fund
TDTF
29 hedge funds and large institutions have $424M invested in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 8 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
0% less capital invested
Capital invested by funds: $424M → $424M (-$78.7K)
3.11% less ownership
Funds ownership: 92.23% → 89.11% (-3.1%)
22% less funds holding
Funds holding: 37 → 29 (-8)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$159M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$9.38M |
| 3 |
NB
Nicolet Bankshares
Green Bay,
Wisconsin
|
+$1.56M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.4M |
| 5 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$4.35M |
| 2 |
Jane Street
New York
|
-$1.92M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.19M |
| 4 |
Morgan Stanley
New York
|
-$619K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$522K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NSIM
26
North Star Investment Management
Chicago,
Illinois
| $15K | – | – | – |
|
|
M
27
MOTCO
San Antonio,
Texas
| $3K | – | – | – |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $2K | +$1.6K | +64 | New |
|
|
29
Citadel Advisors
Miami,
Florida
| – | -$1.19M | -47,824 | Closed |
|
30
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$282K | -11,298 | Closed |
|
|
AP
31
Atwood & Palmer
Kansas City,
Missouri
| – | -$72K | -2,892 | Closed |
|
|
NFG
32
Next Financial Group
Houston,
Texas
| – | -$20K | -800 | Closed |
|
33
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$17K | -700 | Closed |
|
|
SIM
34
Sonora Investment Management
Tucson,
Arizona
| – | -$8.71K | -349 | Closed |
|
35
Creative Planning
Overland Park,
Kansas
| – | -$8K | -326 | Closed |
|
|
DOA
36
D'Orazio & Associates
Falls Church,
Virginia
| – | -$1K | -50 | Closed |
|
TDTF Hedge Fund Activity: Q3 2017 in Review
29 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) for Q3 2017, worth a combined $424M — down 0.02% from $424M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TDTF and 4 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 11 added.
The largest buyer was Thrivent Financial for Lutherans, opening a new position worth an estimated $159M. The largest seller was UBS Group, cutting an estimated $4.35M.
- 29 institutional investors held FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) as of Q3 2017, down from 37 in Q2 2017.
- Funds reported $424M of FlexShares iBoxx 5-Year Target Duration TIPS Index Fund stock for Q3 2017, down 0.02% quarter-over-quarter.
- 4 funds opened new FlexShares iBoxx 5-Year Target Duration TIPS Index Fund positions in Q3 2017 and 8 closed out, a net change of -4 holders.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund buyer in Q3 2017 was Thrivent Financial for Lutherans, an estimated $159M added.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund seller in Q3 2017 was UBS Group, an estimated $4.35M sold.
Based on aggregated 13F filings for Q3 2017.