FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
44 hedge funds and large institutions have $270M invested in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
0% more funds holding
Funds holding: 44 → 44 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.76% less ownership
Funds ownership: 96.02% → 95.26% (-0.76%)
1% less capital invested
Capital invested by funds: $274M → $270M (-$3.71M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$28.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.71M |
| 3 |
HNB
Huntington National Bank
Columbus,
Ohio
|
+$1.75M |
| 4 |
HBT
Hills Bank & Trust
North Liberty,
Iowa
|
+$1.46M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.07M |
| 2 |
Jane Street
New York
|
-$575K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$419K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$408K |
| 5 |
FNBT
FineMark National Bank & Trust
Fort Myers,
Florida
|
-$313K |
TDTT Hedge Fund Activity: Q3 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 Q3 2016, worth a combined $270M — down 1.4% from $274M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TDTT positions and 5 closed out — a net gain of 2 holders — while 15 added to existing stakes and 13 trimmed.
The largest buyer was Northern Trust, adding an estimated $28.2M. The largest seller was Royal Bank of Canada, cutting an estimated $6.07M.
- 44 institutional investors held FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $270M of FlexShares iBoxx 3-Year Target Duration TIPS Index Fund stock for Q3 2016, down 1.4% quarter-over-quarter.
- 7 funds opened new FlexShares iBoxx 3-Year Target Duration TIPS Index Fund positions in Q3 2016 and 5 closed out, a net change of +2 holders.
- The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund buyer in Q3 2016 was Northern Trust, an estimated $28.2M added.
- The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund seller in Q3 2016 was Royal Bank of Canada, an estimated $6.07M sold.
Based on aggregated 13F filings for Q3 2016.