FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
68 hedge funds and large institutions have $128M invested in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 13 increasing their positions, 21 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
3% more funds holding
Funds holding: 66 → 68 (+2)
0.3% less ownership
Funds ownership: 93.9% → 93.6% (-0.3%)
4% less capital invested
Capital invested by funds: $133M → $128M (-$5.35M)
38% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.75M |
| 2 |
BBHC
Brown Brothers Harriman & Co
New York
|
+$1.52M |
| 3 |
HBT
Hills Bank & Trust
North Liberty,
Iowa
|
+$950K |
| 4 |
WPA
West Paces Advisors
Atlanta,
Georgia
|
+$700K |
| 5 |
IA
IFG Advisory
Atlanta,
Georgia
|
+$652K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$56M |
| 2 |
Jane Street
New York
|
-$2.43M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.25M |
| 4 |
Morgan Stanley
New York
|
-$1.21M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$1.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MGIA
76
Moneta Group Investment Advisors
St Louis,
Missouri
| – | -$41K | -1,661 | Closed |
|
|
CFGS
77
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$19.6K | -795 | Closed |
|
78
US Bancorp
Minneapolis,
Minnesota
| – | -$15K | -593 | Closed |
|
|
BCI
79
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$8K | -313 | Closed |
|
TDTT Hedge Fund Activity: Q3 2019 in Review
68 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) for Q3 2019, worth a combined $128M — down 4% from $133M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TDTT positions and 10 closed out — a net gain of 3 holders — while 13 added to existing stakes and 21 trimmed.
The largest buyer was UBS Group, adding an estimated $1.75M. The largest seller was Northern Trust, cutting an estimated $56M.
- 68 institutional investors held FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) as of Q3 2019, up from 66 in Q2 2019.
- Funds reported $128M of FlexShares iBoxx 3-Year Target Duration TIPS Index Fund stock for Q3 2019, down 4% quarter-over-quarter.
- 13 funds opened new FlexShares iBoxx 3-Year Target Duration TIPS Index Fund positions in Q3 2019 and 10 closed out, a net change of +3 holders.
- The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund buyer in Q3 2019 was UBS Group, an estimated $1.75M added.
- The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund seller in Q3 2019 was Northern Trust, an estimated $56M sold.
Based on aggregated 13F filings for Q3 2019.