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FlexShares iBoxx 3-Year Target Duration TIPS Index Fund

42 hedge funds and large institutions have $530M invested in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund in 2014 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 7

27% more capital invested

Capital invested by funds: $416M → $530M (+$113M)

25% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 12

11% more funds holding

Funds holding: 3842 (+4)

1.34% more ownership

Funds ownership: 97.54%98.88% (+1.3%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

Holders
42
Holders Change
+4
Holders Change %
+10.53%
% of All Funds
1.12%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
12
Increased
15
Reduced
12
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
VA
1
Valmark Advisers
Ohio
$326M +$13.6M +551,022 +4%
Deutsche Bank
2
Deutsche Bank
Germany
$108M +$109M +4,439,131 +17,958%
TAT
3
TD Ameritrade Trust
Colorado
$29.1M +$827K +33,550 +3%
Northern Trust
4
Northern Trust
Illinois
$16.5M -$95.8M -3,887,665 -5%
HBT
5
Hills Bank & Trust
Iowa
$11.8M +$1.34M +54,295 +13%
CCWA
6
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$6.93M -$533K -21,630 -7%
FBNAT
7
FirstMerit Bank N.A. Trustee
Ohio
$3.83M +$58.1K +2,357 +2%
Comerica Bank
8
Comerica Bank
Texas
$3.71M +$1.88M +76,359 +100%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$3.55M +$3.61M +146,329 New
VFS
10
VSR Financial Services
Kansas
$2.48M -$196K -7,947 -7%
CIA
11
Capital Investment Advisors
Georgia
$2.23M +$20.1K +815 +0.9%
Bank of America
12
Bank of America
North Carolina
$2.02M +$391K +15,859 +23%
IFA
13
Interactive Financial Advisors
Illinois
$1.84M -$117K -4,745 -6%
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$1.64M +$695K +28,207 +72%
LC
15
Lourd Capital
California
$1.47M +$1.49M +60,600 New
LNB
16
Ledyard National Bank
$1.46M +$253K +10,270 +21%
LPL Financial
17
LPL Financial
California
$1.34M +$120K +4,858 +10%
M&T Bank
18
M&T Bank
New York
$778K -$7.14M -289,539 -90%
SFA
19
Sequoia Financial Advisors
Ohio
$768K -$53.4K -2,166 -6%
Jane Street
20
Jane Street
New York
$490K +$497K +20,179 New
CS
21
Comerica Securities
Michigan
$405K +$203K +8,233 +97%
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$396K +$199K +8,067 +98%
Citadel Advisors
23
Citadel Advisors
Florida
$382K +$388K +15,724 New
Bank of New York Mellon
24
Bank of New York Mellon
New York
$379K -$377K -15,310 -50%
Wells Fargo
25
Wells Fargo
California
$319K -$131K -5,300 -29%

TDTT Hedge Fund Activity: Q4 2014 in Review

42 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) for Q4 2014, worth a combined $530M — up 27% from $416M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new TDTT positions and 7 closed out — a net gain of 5 holders — while 15 added to existing stakes and 12 trimmed.

The largest buyer was Deutsche Bank, adding an estimated $109M. The largest seller was Northern Trust, cutting an estimated $95.8M.

  • 42 institutional investors held FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) as of Q4 2014, up from 38 in Q3 2014.
  • Funds reported $530M of FlexShares iBoxx 3-Year Target Duration TIPS Index Fund stock for Q4 2014, up 27% quarter-over-quarter.
  • 12 funds opened new FlexShares iBoxx 3-Year Target Duration TIPS Index Fund positions in Q4 2014 and 7 closed out, a net change of +5 holders.
  • The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund buyer in Q4 2014 was Deutsche Bank, an estimated $109M added.
  • The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund seller in Q4 2014 was Northern Trust, an estimated $95.8M sold.

Based on aggregated 13F filings for Q4 2014.