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FlexShares iBoxx 5-Year Target Duration TIPS Index Fund

23 hedge funds and large institutions have $248M invested in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund in 2015 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 3

44% more capital invested

Capital invested by funds: $172M → $248M (+$75.7M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.21% less ownership

Funds ownership: 92.34%92.13% (-0.21%)

12% less funds holding

Funds holding: 2623 (-3)

50% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 6

Holders
23
Holders Change
-3
Holders Change %
-11.54%
% of All Funds
0.6%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
3
Increased
9
Reduced
3
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CSIA
1
Charles Schwab Investment Advisory
California
$187M +$75.4M +3,075,217 +67%
LC
2
Lourd Capital
California
$32M -$1.68M -68,396 -5%
EK
3
Evensky & Katz
Florida
$15.6M +$603K +24,578 +4%
Bank of America
4
Bank of America
North Carolina
$2.7M +$2.69M +109,744 +9,807%
PSI
5
Pinnacle Summer Investments
Virginia
$2.16M +$186K +7,579 +9%
Northern Trust
6
Northern Trust
Illinois
$2.09M -$17.4M -708,654 -8%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$1.71M +$189K +7,717 +12%
Wells Fargo
8
Wells Fargo
California
$1.7M +$213K +8,665 +14%
LPL Financial
9
LPL Financial
California
$1.7M +$1.29M +52,690 +316%
Morgan Stanley
10
Morgan Stanley
New York
$509K +$34.7K +1,414 +7%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$378K +$382K +15,555 New
UBS Group
12
UBS Group
Switzerland
$164K -$46.1K -1,880 -22%
PMFA
13
Plante Moran Financial Advisors
Michigan
$122K
AP
14
Atwood & Palmer
Missouri
$70K
MA
15
MUFG Americas
New York
$20K +$20.2K +824 New
Citigroup
16
Citigroup
New York
$17K
AIG
17
American International Group
New York
$9K
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$7K
WTB
19
Washington Trust Bank
Washington
$4K
M
20
MOTCO
Texas
$3K
EWM
21
Evercore Wealth Management
New York
$3K +$2.55K +104 New
Manulife (Manufacturers Life Insurance)
22
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$249 +$8.88K +362 +4%
Jane Street
23
Jane Street
New York
-$535K -21,727 Closed
FNBT
24
FineMark National Bank & Trust
Florida
-$138K -5,600 Closed
Fifth Third Bancorp
25
Fifth Third Bancorp
Ohio
-$8K -318 Closed

TDTF Hedge Fund Activity: Q4 2015 in Review

23 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) for Q4 2015, worth a combined $248M — up 44% from $172M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of TDTF and 3 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 9 added.

The largest buyer was Charles Schwab Investment Advisory, adding an estimated $75.4M. The largest seller was Northern Trust, cutting an estimated $17.4M.

  • 23 institutional investors held FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) as of Q4 2015, down from 26 in Q3 2015.
  • Funds reported $248M of FlexShares iBoxx 5-Year Target Duration TIPS Index Fund stock for Q4 2015, up 44% quarter-over-quarter.
  • 3 funds opened new FlexShares iBoxx 5-Year Target Duration TIPS Index Fund positions in Q4 2015 and 6 closed out, a net change of -3 holders.
  • The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund buyer in Q4 2015 was Charles Schwab Investment Advisory, an estimated $75.4M added.
  • The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund seller in Q4 2015 was Northern Trust, an estimated $17.4M sold.

Based on aggregated 13F filings for Q4 2015.