FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
68 hedge funds and large institutions have $119M invested in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 21 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.4% less ownership
Funds ownership: 93.8% → 93.4% (-0.4%)
1% less funds holding
Funds holding: 69 → 68 (-1)
16% less capital invested
Capital invested by funds: $142M → $119M (-$23.3M)
24% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAS
Nicolet Advisory Services
Green Bay,
Wisconsin
|
+$1.91M |
| 2 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
+$1.52M |
| 3 |
Jane Street
New York
|
+$1.24M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$1.13M |
| 5 |
IA
IFG Advisory
Atlanta,
Georgia
|
+$639K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$28.5M |
| 2 |
HBT
Hills Bank & Trust
North Liberty,
Iowa
|
-$16.6M |
| 3 |
HFA
HC Financial Advisors
Lafayette,
California
|
-$2.81M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$2.3M |
| 5 |
RMC
Regis Management Company
Menlo Park,
California
|
-$1.89M |
TDTT Hedge Fund Activity: Q1 2020 in Review
68 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) for Q1 2020, worth a combined $119M — down 16% from $142M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TDTT positions and 9 closed out — a net gain of 1 holder — while 16 added to existing stakes and 21 trimmed.
The largest buyer was Nicolet Advisory Services, opening a new position worth an estimated $1.91M. The largest seller was Northern Trust, cutting an estimated $28.5M.
- 68 institutional investors held FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) as of Q1 2020, down from 69 in Q4 2019.
- Funds reported $119M of FlexShares iBoxx 3-Year Target Duration TIPS Index Fund stock for Q1 2020, down 16% quarter-over-quarter.
- 10 funds opened new FlexShares iBoxx 3-Year Target Duration TIPS Index Fund positions in Q1 2020 and 9 closed out, a net change of +1 holder.
- The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund buyer in Q1 2020 was Nicolet Advisory Services, an estimated $1.91M added.
- The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund seller in Q1 2020 was Northern Trust, an estimated $28.5M sold.
Based on aggregated 13F filings for Q1 2020.