We are live on ! Find out more
TDTT icon

FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT

44 hedge funds and large institutions have $274M invested in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 13

0.19% less ownership

Funds ownership: 96.22% → 96.02% (-0.19%)

6% less funds holding

Funds holding: 47 → 44 (-3)

13% less capital invested

Capital invested by funds: $315M → $274M (-$40.8M)

25% less funds holding in top 10

Funds holding in top 10: 4 → 3 (-1)

38% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 8

Holders
44
Holders Change
-3
Holders Change %
-6.38%
% of All Funds
1.17%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.08%
New
5
Increased
17
Reduced
13
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$6.42M
2
NB
Nicolet Bankshares
Wisconsin
+$2.15M
3
Bank of Montreal
Bank of Montreal
Ontario, Canada
+$1.05M
4
Jane Street
Jane Street
New York
+$667K
5
Bank of New York Mellon
Bank of New York Mellon
New York
+$367K

Top Sellers

Rank Fund Capital Flow
1
VA
Valmark Advisers
Ohio
-$41.3M
2
Northern Trust
Northern Trust
Illinois
-$4.64M
3
TAT
TD Ameritrade Trust
Colorado
-$2.88M
4
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$2.32M
5
FBNAT
FirstMerit Bank N.A. Trustee
Ohio
-$1.71M
Name Holding Trade Value Shares
Change 		Change in
Stake
FNBT
26
FineMark National Bank & Trust
Florida
$313K -$18.2K -735 -6%
JMPWA
27
JP Morgan Private Wealth Advisors
California
$307K – – –
HCM
28
Hollencrest Capital Management
California
$299K – – –
SFA
29
Sequoia Financial Advisors
Ohio
$234K -$356K -14,382 -60%
LTFS
30
Ladenburg Thalmann Financial Services
Florida
$152K +$92.5K +3,736 +159%
CWM
31
Cedar Wealth Management
California
$109K – – –
US Bancorp
32
US Bancorp
Minnesota
$104K +$18.7K +754 +22%
EWM
33
Endurance Wealth Management
Rhode Island
$50K – – –
DBT
34
Dubuque Bank & Trust
Iowa
$49K +$31.1K +1,257 +175%
AG
35
Advisor Group
Arizona
$39K +$39.6K +1,600 New
EWM
36
Evercore Wealth Management
New York
$37K +$36.4K +1,471 New
MFS
37
MSI Financial Services
Massachusetts
$33K +$23.8K +961 +264%
BWA
38
Burt Wealth Advisors
Maryland
$18K – – –
Citigroup
39
Citigroup
New York
$18K – – –
WC
40
Whitnell & Co
Illinois
$12K +$12.4K +500 New
TWA
41
TCI Wealth Advisors
Arizona
$10K – – –
AA
42
AlphaMark Advisors
Kentucky
$8K +$7.63K +308 New
M
43
MOTCO
Texas
$3K – – –
LC
44
Lourd Capital
California
– -$1.5M -60,600 Closed
CS
45
Comerica Securities
Michigan
– -$1.15M -46,575 Closed
Northwestern Mutual Wealth Management
46
Northwestern Mutual Wealth Management
Wisconsin
– -$594K -24,018 Closed
Citadel Advisors
47
Citadel Advisors
Florida
– -$463K -18,698 Closed
PNC Financial Services Group
48
PNC Financial Services Group
Pennsylvania
– -$187K -7,550 Closed
MA
49
MUFG Americas
New York
– -$72K -2,907 Closed
Creative Planning
50
Creative Planning
Kansas
– -$59K -2,402 Closed
1
2
3

TDTT Hedge Fund Activity: Q2 2016 in Review

44 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) for Q2 2016, worth a combined $274M — down 13% from $315M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of TDTT and 5 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 17 added.

The largest buyer was Royal Bank of Canada, adding an estimated $6.42M. The largest seller was Valmark Advisers, cutting an estimated $41.3M.

  • 44 institutional investors held FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) as of Q2 2016, down from 47 in Q1 2016.
  • Funds reported $274M of FlexShares iBoxx 3-Year Target Duration TIPS Index Fund stock for Q2 2016, down 13% quarter-over-quarter.
  • 5 funds opened new FlexShares iBoxx 3-Year Target Duration TIPS Index Fund positions in Q2 2016 and 8 closed out, a net change of -3 holders.
  • The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund buyer in Q2 2016 was Royal Bank of Canada, an estimated $6.42M added.
  • The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund seller in Q2 2016 was Valmark Advisers, an estimated $41.3M sold.

Based on aggregated 13F filings for Q2 2016.