FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
47 hedge funds and large institutions have $316M invested in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund in 2015 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 6 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
0% more funds holding
Funds holding: 47 → 47 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
0% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 15
1.42% less ownership
Funds ownership: 96.49% → 95.07% (-1.4%)
22% less capital invested
Capital invested by funds: $403M → $316M (-$87.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$909K |
| 2 |
HBT
Hills Bank & Trust
North Liberty,
Iowa
|
+$709K |
| 3 |
LPL Financial
San Diego,
California
|
+$629K |
| 4 |
PNC
Park National Corp
Newark,
Ohio
|
+$610K |
| 5 |
Jane Street
New York
|
+$432K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$97M |
| 2 |
VA
Valmark Advisers
Akron,
Ohio
|
-$84.9M |
| 3 |
TAT
TD Ameritrade Trust
Denver,
Colorado
|
-$6.06M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.15M |
| 5 |
M&T Bank
Buffalo,
New York
|
-$639K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$8K | -330 | Closed |
|
|
TSW
52
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$6K | -250 | Closed |
|
TDTT Hedge Fund Activity: Q4 2015 in Review
47 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) for Q4 2015, worth a combined $316M — down 22% from $403M a quarter earlier.
Fund positioning in TDTT was balanced in Q4 2015: 6 funds opened new positions, 6 closed out, 15 added to existing stakes and 15 trimmed.
The largest buyer was Bank of America, adding an estimated $909K. The largest seller was Northern Trust, cutting an estimated $97M.
- 47 institutional investors held FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) as of Q4 2015, unchanged from Q3 2015.
- Funds reported $316M of FlexShares iBoxx 3-Year Target Duration TIPS Index Fund stock for Q4 2015, down 22% quarter-over-quarter.
- 6 funds opened new FlexShares iBoxx 3-Year Target Duration TIPS Index Fund positions in Q4 2015 and 6 closed out, a net change of 0 holders.
- The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund buyer in Q4 2015 was Bank of America, an estimated $909K added.
- The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund seller in Q4 2015 was Northern Trust, an estimated $97M sold.
Based on aggregated 13F filings for Q4 2015.