FlexShares iBoxx 5-Year Target Duration TIPS Index Fund
TDTF
37 hedge funds and large institutions have $450M invested in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund in 2017 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
28% more funds holding
Funds holding: 29 → 37 (+8)
6% more capital invested
Capital invested by funds: $424M → $450M (+$25.6M)
0.19% less ownership
Funds ownership: 89.11% → 88.92% (-0.19%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$26.7M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$6.15M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$5.05M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.64M |
| 5 |
Morgan Stanley
New York
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.48M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$726K |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$710K |
| 4 |
FA
FDx Advisors
Chicago,
Illinois
|
-$533K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$129K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FNB
26
Farmers National Bank
Danville,
Kentucky
| $35K | +$34.7K | +1,390 | New |
|
27
Citigroup
New York
| $33K | – | – | – |
|
|
JWA
28
JFS Wealth Advisors
Hermitage,
Pennsylvania
| $24K | – | – | – |
|
29
SEI Investments
Oaks,
Pennsylvania
| $13K | +$12.9K | +515 | New |
|
|
SWM
30
SeaCrest Wealth Management
Purchase,
New York
| $13K | +$13K | +521 | New |
|
|
VCM
31
Vigilant Capital Management
Portland,
Maine
| $9K | +$8.92K | +357 | New |
|
|
NSIM
32
North Star Investment Management
Chicago,
Illinois
| $7K | -$7.1K | -284 | -49% |
|
|
SWMG
33
Signature Wealth Management Group
Atlanta,
Georgia
| $7K | +$7.5K | +300 | New |
|
|
CAC
34
Certified Advisory Corp
Altamonte Springs,
Florida
| $5K | +$5.12K | +205 | New |
|
|
M
35
MOTCO
San Antonio,
Texas
| $3K | – | – | – |
|
36
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $2K | – | – | – |
|
|
37
Jane Street
New York
| – | -$1.48M | -59,190 | Closed |
|
|
38
Wolverine Trading
Chicago,
Illinois
| – | -$710K | -28,395 | Closed |
|
|
FA
39
FDx Advisors
Chicago,
Illinois
| – | -$533K | -21,300 | Closed |
|
TDTF Hedge Fund Activity: Q4 2017 in Review
37 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) for Q4 2017, worth a combined $450M — up 6% from $424M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TDTF positions and 3 closed out — a net gain of 8 holders — while 14 added to existing stakes and 7 trimmed.
The largest buyer was Northern Trust, adding an estimated $26.7M. The largest seller was Jane Street, exiting entirely with an estimated $1.48M sold.
- 37 institutional investors held FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) as of Q4 2017, up from 29 in Q3 2017.
- Funds reported $450M of FlexShares iBoxx 5-Year Target Duration TIPS Index Fund stock for Q4 2017, up 6% quarter-over-quarter.
- 11 funds opened new FlexShares iBoxx 5-Year Target Duration TIPS Index Fund positions in Q4 2017 and 3 closed out, a net change of +8 holders.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund buyer in Q4 2017 was Northern Trust, an estimated $26.7M added.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund seller in Q4 2017 was Jane Street, an estimated $1.48M sold.
Based on aggregated 13F filings for Q4 2017.