FlexShares iBoxx 5-Year Target Duration TIPS Index Fund
TDTF
18 hedge funds and large institutions have $41.6M invested in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
6% more funds holding
Funds holding: 17 → 18 (+1)
2.42% more ownership
Funds ownership: 94.22% → 96.64% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
25% less capital invested
Capital invested by funds: $55.7M → $41.6M (-$14.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LC
Lourd Capital
Beverly Hills,
California
|
+$2.41M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.93M |
| 3 |
PSI
Pinnacle Summer Investments
Fairfax,
Virginia
|
+$322K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$145K |
| 5 |
WTB
Washington Trust Bank
Spokane,
Washington
|
+$31.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$44.9M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$18.5M |
| 3 |
BJL
Brighton Jones LLC
Seattle,
Washington
|
-$300K |
| 4 |
BCM
Bluefin Capital Management
New York
|
-$39.7K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$13.1K |
TDTF Hedge Fund Activity: Q1 2014 in Review
18 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) for Q1 2014, worth a combined $41.6M — down 25% from $55.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new TDTF positions and 2 closed out — a net gain of 1 holder — while 6 added to existing stakes and 5 trimmed.
The largest buyer was Lourd Capital, adding an estimated $2.41M. The largest seller was Northern Trust, cutting an estimated $44.9M.
- 18 institutional investors held FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) as of Q1 2014, up from 17 in Q4 2013.
- Funds reported $41.6M of FlexShares iBoxx 5-Year Target Duration TIPS Index Fund stock for Q1 2014, down 25% quarter-over-quarter.
- 3 funds opened new FlexShares iBoxx 5-Year Target Duration TIPS Index Fund positions in Q1 2014 and 2 closed out, a net change of +1 holder.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund buyer in Q1 2014 was Lourd Capital, an estimated $2.41M added.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund seller in Q1 2014 was Northern Trust, an estimated $44.9M sold.
Based on aggregated 13F filings for Q1 2014.