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FlexShares iBoxx 3-Year Target Duration TIPS Index Fund

41 hedge funds and large institutions have $424M invested in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

1.98% less ownership

Funds ownership: 98.88%96.9% (-2%)

2% less funds holding

Funds holding: 4241 (-1)

19% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 16

20% less capital invested

Capital invested by funds: $530M → $424M (-$106M)

Holders
41
Holders Change
-1
Holders Change %
-2.38%
% of All Funds
1.09%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
5
Increased
13
Reduced
16
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
VA
1
Valmark Advisers
Ohio
$331M +$4.13M +169,123 +1%
TAT
2
TD Ameritrade Trust
Colorado
$30.6M +$1.45M +59,257 +5%
Northern Trust
3
Northern Trust
Illinois
$16.8M +$17.1M +701,709 +1%
HBT
4
Hills Bank & Trust
Iowa
$13.3M +$1.43M +58,428 +12%
CCWA
5
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$6.8M -$153K -6,258 -2%
FBNAT
6
FirstMerit Bank N.A. Trustee
Ohio
$3.85M +$1.59K +65 +0%
VFS
7
VSR Financial Services
Kansas
$2.71M +$217K +8,898 +9%
CIA
8
Capital Investment Advisors
Georgia
$2.19M -$52.7K -2,159 -2%
Comerica Bank
9
Comerica Bank
Texas
$2.07M -$1.65M -67,573 -44%
Bank of America
10
Bank of America
North Carolina
$1.92M -$111K -4,540 -5%
IFA
11
Interactive Financial Advisors
Illinois
$1.72M -$132K -5,411 -7%
LC
12
Lourd Capital
California
$1.48M
LNB
13
Ledyard National Bank
$1.46M -$610 -25 -0%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$1.02M +$626K +25,638 +157%
JP Morgan Chase
15
JP Morgan Chase
New York
$951K +$952K +39,000 New
SFA
16
Sequoia Financial Advisors
Ohio
$757K -$14.4K -590 -2%
M&T Bank
17
M&T Bank
New York
$754K -$27.2K -1,116 -3%
CS
18
Comerica Securities
Michigan
$690K +$283K +11,608 +70%
LPL Financial
19
LPL Financial
California
$663K -$690K -28,285 -51%
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
$490K -$1.16M -47,401 -70%
Morgan Stanley
21
Morgan Stanley
New York
$392K +$160K +6,536 +69%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$383K +$2.25K +92 +0.6%
Wells Fargo
23
Wells Fargo
California
$380K +$59.3K +2,429 +18%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$332K -$3.24M -132,750 -91%
JMPWA
25
JP Morgan Private Wealth Advisors
California
$300K +$300K +12,300 New

TDTT Hedge Fund Activity: Q1 2015 in Review

41 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) for Q1 2015, worth a combined $424M — down 20% from $530M a quarter earlier.

Fund positioning in TDTT was balanced in Q1 2015: 5 funds opened new positions, 5 closed out, 13 added to existing stakes and 16 trimmed.

The largest buyer was Northern Trust, adding an estimated $17.1M. The largest seller was Deutsche Bank, exiting entirely with an estimated $108M sold.

  • 41 institutional investors held FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) as of Q1 2015, down from 42 in Q4 2014.
  • Funds reported $424M of FlexShares iBoxx 3-Year Target Duration TIPS Index Fund stock for Q1 2015, down 20% quarter-over-quarter.
  • 5 funds opened new FlexShares iBoxx 3-Year Target Duration TIPS Index Fund positions in Q1 2015 and 5 closed out, a net change of 0 holders.
  • The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund buyer in Q1 2015 was Northern Trust, an estimated $17.1M added.
  • The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund seller in Q1 2015 was Deutsche Bank, an estimated $108M sold.

Based on aggregated 13F filings for Q1 2015.