FlexShares iBoxx 5-Year Target Duration TIPS Index Fund
TDTF
42 hedge funds and large institutions have $379M invested in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 15 closing their positions.
0.66% more ownership
Funds ownership: 88.53% → 89.2% (+0.66%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
14% less funds holding
Funds holding: 49 → 42 (-7)
30% less capital invested
Capital invested by funds: $542M → $379M (-$163M)
44% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 16
47% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$8.49M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$4.37M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.68M |
| 4 |
TSS
Two Sigma Securities
New York
|
+$711K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$136K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
3AM
3EDGE Asset Management
Naples,
Florida
|
-$79.9M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$72.9M |
| 3 |
Jane Street
New York
|
-$7.17M |
| 4 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$2.02M |
| 5 |
NA
Nottingham Advisors
Amherst,
New York
|
-$1.95M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JWA
51
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$24K | -972 | Closed |
|
|
SWMG
52
Signature Wealth Management Group
Atlanta,
Georgia
| – | -$7K | -300 | Closed |
|
|
RMAM
53
Raab & Moskowitz Asset Management
Chatham,
New Jersey
| – | -$2K | -96 | Closed |
|
|
KJWM
54
Kiley Juergens Wealth Management
Olympia,
Washington
| – | -$1K | -74 | Closed |
|
55
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -64 | Closed |
|
56
Fidelity Investments
Boston,
Massachusetts
| – | +$288 | +12 | +1,200% |
|
TDTF Hedge Fund Activity: Q4 2018 in Review
42 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) for Q4 2018, worth a combined $379M — down 30% from $542M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of TDTF and 8 opened new positions — a net loss of 7 holders — while 16 trimmed existing stakes and 9 added.
The largest buyer was Northern Trust, adding an estimated $8.49M. The largest seller was 3EDGE Asset Management, exiting entirely with an estimated $79.9M sold.
- 42 institutional investors held FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) as of Q4 2018, down from 49 in Q3 2018.
- Funds reported $379M of FlexShares iBoxx 5-Year Target Duration TIPS Index Fund stock for Q4 2018, down 30% quarter-over-quarter.
- 8 funds opened new FlexShares iBoxx 5-Year Target Duration TIPS Index Fund positions in Q4 2018 and 15 closed out, a net change of -7 holders.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund buyer in Q4 2018 was Northern Trust, an estimated $8.49M added.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund seller in Q4 2018 was 3EDGE Asset Management, an estimated $79.9M sold.
Based on aggregated 13F filings for Q4 2018.