FlexShares iBoxx 5-Year Target Duration TIPS Index Fund
TDTF
37 hedge funds and large institutions have $450M invested in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund in 2017 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
28% more funds holding
Funds holding: 29 → 37 (+8)
6% more capital invested
Capital invested by funds: $424M → $450M (+$25.6M)
0.19% less ownership
Funds ownership: 89.11% → 88.92% (-0.19%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$26.7M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$6.15M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$5.05M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.64M |
| 5 |
Morgan Stanley
New York
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.48M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$726K |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$710K |
| 4 |
FA
FDx Advisors
Chicago,
Illinois
|
-$533K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$129K |
TDTF Hedge Fund Activity: Q4 2017 in Review
37 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) for Q4 2017, worth a combined $450M — up 6% from $424M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TDTF positions and 3 closed out — a net gain of 8 holders — while 14 added to existing stakes and 7 trimmed.
The largest buyer was Northern Trust, adding an estimated $26.7M. The largest seller was Jane Street, exiting entirely with an estimated $1.48M sold.
- 37 institutional investors held FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) as of Q4 2017, up from 29 in Q3 2017.
- Funds reported $450M of FlexShares iBoxx 5-Year Target Duration TIPS Index Fund stock for Q4 2017, up 6% quarter-over-quarter.
- 11 funds opened new FlexShares iBoxx 5-Year Target Duration TIPS Index Fund positions in Q4 2017 and 3 closed out, a net change of +8 holders.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund buyer in Q4 2017 was Northern Trust, an estimated $26.7M added.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund seller in Q4 2017 was Jane Street, an estimated $1.48M sold.
Based on aggregated 13F filings for Q4 2017.