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FlexShares iBoxx 5-Year Target Duration TIPS Index Fund

17 hedge funds and large institutions have $41.9M invested in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 4

25% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 4

23% more capital invested

Capital invested by funds: $34.1M → $41.9M (+$7.72M)

6% more funds holding

Funds holding: 1617 (+1)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3.64% less ownership

Funds ownership: 98.32%94.67% (-3.6%)

Holders
17
Holders Change
+1
Holders Change %
+6.25%
% of All Funds
0.55%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
5
Increased
5
Reduced
4
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LC
1
Lourd Capital
California
$26.4M +$4.07M +162,714 +18%
Deutsche Bank
2
Deutsche Bank
Germany
$7.54M +$2.7M +107,745 +56%
Northern Trust
3
Northern Trust
Illinois
$3.66M -$121M -4,840,246 -25%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$2.14M +$1.37M +54,820 +182%
BCM
5
Bluefin Capital Management
New York
$700K +$677K +27,051 New
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$686K -$234K -9,361 -26%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$309K -$124K -4,965 -29%
Wells Fargo
8
Wells Fargo
California
$154K +$54K +2,159 +54%
US Bancorp
9
US Bancorp
Minnesota
$81K +$50K +2,000 +166%
U
10
UBS
Switzerland
$78K +$77.5K +3,099 New
WT
11
Whittier Trust
California
$36K
PNC Financial Services Group
12
PNC Financial Services Group
Pennsylvania
$36K +$36.7K +1,466 New
Ameriprise
13
Ameriprise
Minnesota
$22K
Bank of America
14
Bank of America
North Carolina
$19K -$112K -4,473 -86%
Citigroup
15
Citigroup
New York
$18K
Bank of Montreal
16
Bank of Montreal
Ontario, Canada
$13K +$13.4K +535 New
ECM
17
Exchange Capital Management
Michigan
$3K +$3.3K +132 New
FNBT
18
FineMark National Bank & Trust
Florida
-$57K -2,310 Closed
Northwestern Mutual Wealth Management
19
Northwestern Mutual Wealth Management
Wisconsin
-$24K -950 Closed
Fifth Third Bancorp
20
Fifth Third Bancorp
Ohio
-$10K -411 Closed
Bessemer Group
21
Bessemer Group
New Jersey
-$5K -216 Closed

TDTF Hedge Fund Activity: Q3 2013 in Review

17 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) for Q3 2013, worth a combined $41.9M — up 23% from $34.1M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new TDTF positions and 4 closed out — a net gain of 1 holder — while 5 added to existing stakes and 4 trimmed.

The largest buyer was Lourd Capital, adding an estimated $4.07M. The largest seller was Northern Trust, cutting an estimated $121M.

  • 17 institutional investors held FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) as of Q3 2013, up from 16 in Q2 2013.
  • Funds reported $41.9M of FlexShares iBoxx 5-Year Target Duration TIPS Index Fund stock for Q3 2013, up 23% quarter-over-quarter.
  • 5 funds opened new FlexShares iBoxx 5-Year Target Duration TIPS Index Fund positions in Q3 2013 and 4 closed out, a net change of +1 holder.
  • The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund buyer in Q3 2013 was Lourd Capital, an estimated $4.07M added.
  • The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund seller in Q3 2013 was Northern Trust, an estimated $121M sold.

Based on aggregated 13F filings for Q3 2013.