FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
34 hedge funds and large institutions have $405M invested in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
26% more funds holding
Funds holding: 27 → 34 (+7)
8% more capital invested
Capital invested by funds: $376M → $405M (+$29.3M)
0.07% more ownership
Funds ownership: 97.6% → 97.67% (+0.07%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$38.9M |
| 2 |
VA
Valmark Advisers
Akron,
Ohio
|
+$13.5M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.54M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.99M |
| 5 |
Comerica Bank
Dallas,
Texas
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$474K |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$337K |
| 3 |
FBNAT
FirstMerit Bank N.A. Trustee
Akron,
Ohio
|
-$200K |
| 4 |
FNBT
FineMark National Bank & Trust
Fort Myers,
Florida
|
-$88.7K |
| 5 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$77.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
26
Apriem Advisors
Irvine,
California
| $50K | +$49.3K | +1,965 | New |
|
|
FNBT
27
FineMark National Bank & Trust
Fort Myers,
Florida
| $48K | -$88.7K | -3,534 | -65% |
|
|
WT
28
Whittier Trust
South Pasadena,
California
| $37K | – | – | – |
|
29
Creative Planning
Overland Park,
Kansas
| $25K | +$25.1K | +1,000 | New |
|
|
MFBTD
30
MB Financial Bank - Trust Department
Rosemont,
Illinois
| $21K | +$21.3K | +850 | New |
|
31
Citigroup
New York
| $18K | – | – | – |
|
|
NES
32
New England Securities
New York
| $14K | +$13.7K | +547 | New |
|
|
AIG
33
American International Group
New York
| $10.2K | +$10.1K | +403 | New |
|
|
IFWM
34
Institute for Wealth Management
Denver,
Colorado
| $5K | – | – | – |
|
|
35
Jane Street
New York
| – | -$474K | -19,011 | Closed |
|
|
36
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$337K | -13,500 | Closed |
|
37
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$21K | -851 | Closed |
|
TDTT Hedge Fund Activity: Q2 2014 in Review
34 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) for Q2 2014, worth a combined $405M — up 7.8% from $376M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TDTT positions and 3 closed out — a net gain of 7 holders — while 14 added to existing stakes and 5 trimmed.
The largest buyer was Northern Trust, adding an estimated $38.9M. The largest seller was Jane Street, exiting entirely with an estimated $474K sold.
- 34 institutional investors held FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) as of Q2 2014, up from 27 in Q1 2014.
- Funds reported $405M of FlexShares iBoxx 3-Year Target Duration TIPS Index Fund stock for Q2 2014, up 7.8% quarter-over-quarter.
- 10 funds opened new FlexShares iBoxx 3-Year Target Duration TIPS Index Fund positions in Q2 2014 and 3 closed out, a net change of +7 holders.
- The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund buyer in Q2 2014 was Northern Trust, an estimated $38.9M added.
- The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund seller in Q2 2014 was Jane Street, an estimated $474K sold.
Based on aggregated 13F filings for Q2 2014.