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FlexShares iBoxx 5-Year Target Duration TIPS Index Fund

15 hedge funds and large institutions have $42.3M invested in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more capital invested

Capital invested by funds: $41.6M → $42.3M (+$657K)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

7.57% less ownership

Funds ownership: 96.64%89.06% (-7.6%)

17% less funds holding

Funds holding: 1815 (-3)

20% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 5

50% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 6

Holders
15
Holders Change
-3
Holders Change %
-16.67%
% of All Funds
0.43%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
3
Increased
4
Reduced
5
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LC
1
Lourd Capital
California
$33.2M +$1.18M +46,497 +4%
Deutsche Bank
2
Deutsche Bank
Germany
$3.04M +$193K +7,634 +7%
Northern Trust
3
Northern Trust
Illinois
$2.44M -$13.9M -549,670 -5%
Wells Fargo
4
Wells Fargo
California
$1.35M +$1.26M +49,748 +1,715%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$976K -$1.43M -56,381 -60%
PSI
6
Pinnacle Summer Investments
Virginia
$685K +$352K +13,902 +107%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$284K -$11.9K -471 -4%
Jane Street
8
Jane Street
New York
$207K +$205K +8,092 New
WT
9
Whittier Trust
California
$37K
MFBTD
10
MB Financial Bank - Trust Department
Illinois
$22K +$21.5K +850 New
Bank of Montreal
11
Bank of Montreal
Ontario, Canada
$20K +$20.2K +797 New
Morgan Stanley
12
Morgan Stanley
New York
$19K -$2.33K -92 -11%
Citigroup
13
Citigroup
New York
$18K
WTB
14
Washington Trust Bank
Washington
$4K -$27.6K -1,090 -86%
Bank of America
15
Bank of America
North Carolina
$4K
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
-$1.04M -41,635 Closed
BCM
17
Bluefin Capital Management
New York
-$700K -28,364 Closed
U
18
UBS
Switzerland
-$76K -3,075 Closed
US Bancorp
19
US Bancorp
Minnesota
-$49K -1,942 Closed
PNC Financial Services Group
20
PNC Financial Services Group
Pennsylvania
-$25K -1,000 Closed
Fifth Third Bancorp
21
Fifth Third Bancorp
Ohio
-$5K -211 Closed

TDTF Hedge Fund Activity: Q2 2014 in Review

15 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) for Q2 2014, worth a combined $42.3M — up 1.6% from $41.6M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of TDTF and 3 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 4 added.

The largest buyer was Wells Fargo, adding an estimated $1.26M. The largest seller was Northern Trust, cutting an estimated $13.9M.

  • 15 institutional investors held FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) as of Q2 2014, down from 18 in Q1 2014.
  • Funds reported $42.3M of FlexShares iBoxx 5-Year Target Duration TIPS Index Fund stock for Q2 2014, up 1.6% quarter-over-quarter.
  • 3 funds opened new FlexShares iBoxx 5-Year Target Duration TIPS Index Fund positions in Q2 2014 and 6 closed out, a net change of -3 holders.
  • The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund buyer in Q2 2014 was Wells Fargo, an estimated $1.26M added.
  • The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund seller in Q2 2014 was Northern Trust, an estimated $13.9M sold.

Based on aggregated 13F filings for Q2 2014.