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FlexShares iBoxx 5-Year Target Duration TIPS Index Fund

22 hedge funds and large institutions have $54.4M invested in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund in 2014 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 2

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

67% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 3

47% more funds holding

Funds holding: 1522 (+7)

29% more capital invested

Capital invested by funds: $42.3M → $54.4M (+$12.1M)

4.11% more ownership

Funds ownership: 89.06%93.17% (+4.1%)

Holders
22
Holders Change
+7
Holders Change %
+46.67%
% of All Funds
0.64%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
9
Increased
5
Reduced
3
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LC
1
Lourd Capital
California
$33.5M +$1.35M +53,574 +4%
EK
2
Evensky & Katz
Florida
$13.4M +$13.7M +541,695 New
Northern Trust
3
Northern Trust
Illinois
$2.34M -$1.93M -76,395 -0.8%
Deutsche Bank
4
Deutsche Bank
Germany
$2.05M -$910K -36,051 -30%
Wells Fargo
5
Wells Fargo
California
$1.38M +$73.6K +2,917 +6%
PSI
6
Pinnacle Summer Investments
Virginia
$815K +$150K +5,949 +22%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$355K +$361K +14,320 New
RJFSA
8
Raymond James Financial Services Advisors
Florida
$275K
US Bancorp
9
US Bancorp
Minnesota
$45K +$45.4K +1,800 New
MFBTD
10
MB Financial Bank - Trust Department
Illinois
$43K +$21.5K +850 +100%
WT
11
Whittier Trust
California
$36K
Morgan Stanley
12
Morgan Stanley
New York
$34K +$15.1K +600 +79%
FHA
13
First Horizon Advisors
Tennessee
$23K +$23.7K +940 New
Northwestern Mutual Wealth Management
14
Northwestern Mutual Wealth Management
Wisconsin
$20K +$19.9K +790 New
Citigroup
15
Citigroup
New York
$18K
Fifth Third Bancorp
16
Fifth Third Bancorp
Ohio
$12K +$12.6K +500 New
AIG
17
American International Group
New York
$9.35K +$9.52K +377 New
Bank of America
18
Bank of America
North Carolina
$4K
WTB
19
Washington Trust Bank
Washington
$4K
FNBT
20
FineMark National Bank & Trust
Florida
$3K +$2.9K +115 New
M
21
MOTCO
Texas
$3K +$3.33K +132 New
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$2K -$961K -38,083 -100%
Jane Street
23
Jane Street
New York
-$207K -8,092 Closed
Bank of Montreal
24
Bank of Montreal
Ontario, Canada
-$20K -797 Closed

TDTF Hedge Fund Activity: Q3 2014 in Review

22 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) for Q3 2014, worth a combined $54.4M — up 29% from $42.3M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new TDTF positions and 2 closed out — a net gain of 7 holders — while 5 added to existing stakes and 3 trimmed.

The largest buyer was Evensky & Katz, opening a new position worth an estimated $13.7M. The largest seller was Northern Trust, cutting an estimated $1.93M.

  • 22 institutional investors held FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) as of Q3 2014, up from 15 in Q2 2014.
  • Funds reported $54.4M of FlexShares iBoxx 5-Year Target Duration TIPS Index Fund stock for Q3 2014, up 29% quarter-over-quarter.
  • 9 funds opened new FlexShares iBoxx 5-Year Target Duration TIPS Index Fund positions in Q3 2014 and 2 closed out, a net change of +7 holders.
  • The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund buyer in Q3 2014 was Evensky & Katz, an estimated $13.7M added.
  • The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund seller in Q3 2014 was Northern Trust, an estimated $1.93M sold.

Based on aggregated 13F filings for Q3 2014.