FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
68 hedge funds and large institutions have $325M invested in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund in 2018 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 16 increasing their positions, 21 reducing their positions, and 12 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
5% more funds holding
Funds holding: 65 → 68 (+3)
0.98% less ownership
Funds ownership: 94.6% → 93.62% (-0.98%)
9% less capital invested
Capital invested by funds: $358M → $325M (-$33M)
24% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$8.64M |
| 2 |
LNB
Ledyard National Bank
|
+$1.14M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$420K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$393K |
| 5 |
PV
Private Vista
Chicago,
Illinois
|
+$390K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$224M |
| 2 |
VA
Valmark Advisers
Akron,
Ohio
|
-$11M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$9.82M |
| 4 |
HBT
Hills Bank & Trust
North Liberty,
Iowa
|
-$6.02M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$134K | -5,592 | Closed |
|
|
77
Ameriprise
Minneapolis,
Minnesota
| – | -$9.82M | -410 | Closed |
|
|
GI
78
Gradient Investments
Arden Hills,
Minnesota
| – | -$7K | -304 | Closed |
|
|
SWP
79
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$4K | -150 | Closed |
|
|
SWMG
80
Signature Wealth Management Group
Atlanta,
Georgia
| – | -$2K | -96 | Closed |
|
81
Fidelity Investments
Boston,
Massachusetts
| – | +$24 | +1 | New |
|
TDTT Hedge Fund Activity: Q4 2018 in Review
68 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) for Q4 2018, worth a combined $325M — down 9.2% from $358M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new TDTT positions and 12 closed out — a net gain of 3 holders — while 16 added to existing stakes and 21 trimmed.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $8.64M. The largest seller was Northern Trust, cutting an estimated $224M.
- 68 institutional investors held FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) as of Q4 2018, up from 65 in Q3 2018.
- Funds reported $325M of FlexShares iBoxx 3-Year Target Duration TIPS Index Fund stock for Q4 2018, down 9.2% quarter-over-quarter.
- 15 funds opened new FlexShares iBoxx 3-Year Target Duration TIPS Index Fund positions in Q4 2018 and 12 closed out, a net change of +3 holders.
- The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund buyer in Q4 2018 was Flow Traders U.S., an estimated $8.64M added.
- The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund seller in Q4 2018 was Northern Trust, an estimated $224M sold.
Based on aggregated 13F filings for Q4 2018.