FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
29 hedge funds and large institutions have $369M invested in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
26% more funds holding
Funds holding: 23 → 29 (+6)
11% more capital invested
Capital invested by funds: $333M → $369M (+$36.5M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.09% less ownership
Funds ownership: 98.02% → 97.93% (-0.09%)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$59.7M |
| 2 |
VA
Valmark Advisers
Akron,
Ohio
|
+$24.7M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$10.2M |
| 4 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$1.36M |
| 5 |
HBT
Hills Bank & Trust
North Liberty,
Iowa
|
+$896K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WTIM
Wilmington Trust Investment Management
Wilmington,
Delaware
|
-$4.01M |
| 2 |
Morgan Stanley
New York
|
-$572K |
| 3 |
FBNAT
FirstMerit Bank N.A. Trustee
Akron,
Ohio
|
-$541K |
| 4 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$252K |
| 5 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$222K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $18K | – | – | – |
|
27
Ameriprise
Minneapolis,
Minnesota
| $6K | – | – | – |
|
|
IFWM
28
Institute for Wealth Management
Denver,
Colorado
| $5K | – | – | – |
|
|
LNB
29
Ledyard National Bank
| $2K | +$2K | +80 | New |
|
|
WTIM
30
Wilmington Trust Investment Management
Wilmington,
Delaware
| – | -$4.01M | -160,550 | Closed |
|
|
31
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$222K | -8,900 | Closed |
|
|
ECM
32
Exchange Capital Management
Ann Arbor,
Michigan
| – | -$56K | -2,234 | Closed |
|
TDTT Hedge Fund Activity: Q4 2013 in Review
29 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) for Q4 2013, worth a combined $369M — up 11% from $333M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TDTT positions and 3 closed out — a net gain of 6 holders — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Northern Trust, adding an estimated $59.7M. The largest seller was Wilmington Trust Investment Management, exiting entirely with an estimated $4.01M sold.
- 29 institutional investors held FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) as of Q4 2013, up from 23 in Q3 2013.
- Funds reported $369M of FlexShares iBoxx 3-Year Target Duration TIPS Index Fund stock for Q4 2013, up 11% quarter-over-quarter.
- 9 funds opened new FlexShares iBoxx 3-Year Target Duration TIPS Index Fund positions in Q4 2013 and 3 closed out, a net change of +6 holders.
- The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund buyer in Q4 2013 was Northern Trust, an estimated $59.7M added.
- The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund seller in Q4 2013 was Wilmington Trust Investment Management, an estimated $4.01M sold.
Based on aggregated 13F filings for Q4 2013.