FlexShares iBoxx 5-Year Target Duration TIPS Index Fund
TDTF
35 hedge funds and large institutions have $239M invested in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 9 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
5% more capital invested
Capital invested by funds: $228M → $239M (+$11.4M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.42% less ownership
Funds ownership: 83.39% → 82.97% (-0.42%)
15% less funds holding
Funds holding: 41 → 35 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$15.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.85M |
| 3 |
KCM
Kendall Capital Management
Rockville,
Maryland
|
+$949K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$721K |
| 5 |
EK
Evensky & Katz
Coral Gables,
Florida
|
+$715K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$15.2M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$8.09M |
| 3 |
Jane Street
New York
|
-$3.87M |
| 4 |
NIA
Northstar Investment Advisors
Denver,
Colorado
|
-$2.14M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.01M |
TDTF Hedge Fund Activity: Q2 2019 in Review
35 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) for Q2 2019, worth a combined $239M — up 5% from $228M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TDTF and 3 opened new positions — a net loss of 6 holders — while 12 trimmed existing stakes and 14 added.
The largest buyer was Morgan Stanley, adding an estimated $15.2M. The largest seller was Northern Trust, cutting an estimated $15.2M.
- 35 institutional investors held FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) as of Q2 2019, down from 41 in Q1 2019.
- Funds reported $239M of FlexShares iBoxx 5-Year Target Duration TIPS Index Fund stock for Q2 2019, up 5% quarter-over-quarter.
- 3 funds opened new FlexShares iBoxx 5-Year Target Duration TIPS Index Fund positions in Q2 2019 and 9 closed out, a net change of -6 holders.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund buyer in Q2 2019 was Morgan Stanley, an estimated $15.2M added.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund seller in Q2 2019 was Northern Trust, an estimated $15.2M sold.
Based on aggregated 13F filings for Q2 2019.