FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
46 hedge funds and large institutions have $290M invested in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund in 2016 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 11 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
7% more capital invested
Capital invested by funds: $270M → $290M (+$19.8M)
5% more funds holding
Funds holding: 44 → 46 (+2)
0.69% more ownership
Funds ownership: 95.26% → 95.96% (+0.69%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$31.8M |
| 2 |
HCM
Harvest Capital Management
Concord,
New Hampshire
|
+$2.03M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.79M |
| 4 |
CG
Colony Group
Boston,
Massachusetts
|
+$1.57M |
| 5 |
HBT
Hills Bank & Trust
North Liberty,
Iowa
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.24M |
| 2 |
LW
Linscomb Wealth
Houston,
Texas
|
-$851K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$779K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$602K |
| 5 |
Bank of New York Mellon
New York
|
-$591K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
US Bancorp
Minneapolis,
Minnesota
| – | -$93K | -3,760 | Closed |
|
|
EWM
52
Evercore Wealth Management
New York
| – | -$37K | -1,471 | Closed |
|
53
JP Morgan Chase
New York
| – | -$30K | -1,225 | Closed |
|
54
Mariner
Overland Park,
Kansas
| – | -$28K | -1,155 | Closed |
|
|
PO
55
Private Ocean
San Rafael,
California
| – | -$15K | -619 | Closed |
|
56
SEI Investments
Oaks,
Pennsylvania
| – | -$12K | -502 | Closed |
|
TDTT Hedge Fund Activity: Q4 2016 in Review
46 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) for Q4 2016, worth a combined $290M — up 7.3% from $270M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TDTT positions and 11 closed out — a net gain of 2 holders — while 14 added to existing stakes and 10 trimmed.
The largest buyer was Northern Trust, adding an estimated $31.8M. The largest seller was Susquehanna International Group, cutting an estimated $2.24M.
- 46 institutional investors held FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) as of Q4 2016, up from 44 in Q3 2016.
- Funds reported $290M of FlexShares iBoxx 3-Year Target Duration TIPS Index Fund stock for Q4 2016, up 7.3% quarter-over-quarter.
- 13 funds opened new FlexShares iBoxx 3-Year Target Duration TIPS Index Fund positions in Q4 2016 and 11 closed out, a net change of +2 holders.
- The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund buyer in Q4 2016 was Northern Trust, an estimated $31.8M added.
- The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund seller in Q4 2016 was Susquehanna International Group, an estimated $2.24M sold.
Based on aggregated 13F filings for Q4 2016.