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FlexShares iBoxx 3-Year Target Duration TIPS Index Fund

47 hedge funds and large institutions have $403M invested in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 4

9% more funds holding

Funds holding: 4347 (+4)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0.51% less ownership

Funds ownership: 96.99%96.49% (-0.51%)

6% less capital invested

Capital invested by funds: $427M → $403M (-$23.7M)

41% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 17

Holders
47
Holders Change
+4
Holders Change %
+9.3%
% of All Funds
1.31%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
8
Increased
10
Reduced
17
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
VA
1
Valmark Advisers
Ohio
$320M -$13.4M -549,512 -4%
TAT
2
TD Ameritrade Trust
Colorado
$22.4M -$3.2M -130,934 -12%
Northern Trust
3
Northern Trust
Illinois
$15.8M -$62.4M -2,557,490 -4%
HBT
4
Hills Bank & Trust
Iowa
$14.1M +$222K +9,105 +2%
FBNAT
5
FirstMerit Bank N.A. Trustee
Ohio
$3.44M +$53.6K +2,197 +2%
VFS
6
VSR Financial Services
Kansas
$2.53M -$115K -4,692 -4%
Comerica Bank
7
Comerica Bank
Texas
$2.35M -$1.68M -68,631 -42%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$2.25M +$14.8K +605 +0.7%
Bank of America
9
Bank of America
North Carolina
$2.06M -$379K -15,532 -16%
CIA
10
Capital Investment Advisors
Georgia
$1.91M -$103K -4,220 -5%
IFA
11
Interactive Financial Advisors
Illinois
$1.61M -$67.6K -2,770 -4%
LC
12
Lourd Capital
California
$1.48M
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$1.43M +$1.44M +58,832 New
LNB
14
Ledyard National Bank
$1.39M -$20.5K -840 -1%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$1.3M -$3.13M -128,140 -71%
CS
16
Comerica Securities
Michigan
$1.05M +$92.8K +3,803 +10%
Morgan Stanley
17
Morgan Stanley
New York
$875K +$494K +20,233 +129%
SFA
18
Sequoia Financial Advisors
Ohio
$760K +$4.1K +168 +0.5%
LPL Financial
19
LPL Financial
California
$684K +$7.22K +296 +1%
Jane Street
20
Jane Street
New York
$654K -$8.81K -361 -1%
M&T Bank
21
M&T Bank
New York
$639K -$102K -4,179 -14%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$570K +$25K +1,024 +5%
FNBT
23
FineMark National Bank & Trust
Florida
$463K -$4.39K -180 -0.9%
HFS
24
HL Financial Services
Kentucky
$365K +$365K +14,970 New
UBS Group
25
UBS Group
Switzerland
$358K +$64.2K +2,632 +22%

TDTT Hedge Fund Activity: Q3 2015 in Review

47 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) for Q3 2015, worth a combined $403M — down 5.5% from $427M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new TDTT positions and 4 closed out — a net gain of 4 holders — while 10 added to existing stakes and 17 trimmed.

The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.44M. The largest seller was Northern Trust, cutting an estimated $62.4M.

  • 47 institutional investors held FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) as of Q3 2015, up from 43 in Q2 2015.
  • Funds reported $403M of FlexShares iBoxx 3-Year Target Duration TIPS Index Fund stock for Q3 2015, down 5.5% quarter-over-quarter.
  • 8 funds opened new FlexShares iBoxx 3-Year Target Duration TIPS Index Fund positions in Q3 2015 and 4 closed out, a net change of +4 holders.
  • The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund buyer in Q3 2015 was Susquehanna International Group, an estimated $1.44M added.
  • The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund seller in Q3 2015 was Northern Trust, an estimated $62.4M sold.

Based on aggregated 13F filings for Q3 2015.