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FlexShares iBoxx 3-Year Target Duration TIPS Index Fund

47 hedge funds and large institutions have $316M invested in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund in 2015 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

0% more funds holding

Funds holding: 4747 (0)

0% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 6

0% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 15

1.42% less ownership

Funds ownership: 96.49%95.07% (-1.4%)

22% less capital invested

Capital invested by funds: $403M → $316M (-$87.3M)

Holders
47
Holders Change
Holders Change %
0%
% of All Funds
1.23%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.1%
New
6
Increased
15
Reduced
15
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
VA
1
Valmark Advisers
Ohio
$233M -$84.9M -3,490,342 -27%
TAT
2
TD Ameritrade Trust
Colorado
$16.2M -$6.06M -248,853 -27%
Northern Trust
3
Northern Trust
Illinois
$14.7M -$97M -3,983,766 -6%
HBT
4
Hills Bank & Trust
Iowa
$14.6M +$709K +29,140 +5%
NB
5
Nicolet Bankshares
Wisconsin
$5.74M +$5.72M +234,862 New
FBNAT
6
FirstMerit Bank N.A. Trustee
Ohio
$3.58M +$173K +7,099 +5%
Bank of America
7
Bank of America
North Carolina
$2.94M +$909K +37,332 +44%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$2.57M +$335K +13,782 +15%
Comerica Bank
9
Comerica Bank
Texas
$2.52M +$182K +7,489 +8%
VFS
10
VSR Financial Services
Kansas
$2.47M -$44K -1,808 -2%
CIA
11
Capital Investment Advisors
Georgia
$1.72M -$170K -6,980 -9%
IFA
12
Interactive Financial Advisors
Illinois
$1.52M -$76.9K -3,161 -5%
LC
13
Lourd Capital
California
$1.47M
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$1.32M -$107K -4,403 -7%
LPL Financial
15
LPL Financial
California
$1.31M +$629K +25,859 +93%
LNB
16
Ledyard National Bank
$1.26M -$115K -4,730 -8%
CS
17
Comerica Securities
Michigan
$1.13M +$85K +3,494 +8%
Jane Street
18
Jane Street
New York
$1.08M +$432K +17,770 +66%
Morgan Stanley
19
Morgan Stanley
New York
$862K -$4.53K -186 -0.5%
PNC
20
Park National Corp
Ohio
$843K +$610K +25,060 +256%
SFA
21
Sequoia Financial Advisors
Ohio
$597K -$158K -6,505 -21%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$429K -$137K -5,615 -24%
Citadel Advisors
23
Citadel Advisors
Florida
$413K +$416K +17,092 New
UBS Group
24
UBS Group
Switzerland
$384K +$29K +1,193 +8%
FNBT
25
FineMark National Bank & Trust
Florida
$383K -$76.3K -3,135 -17%

TDTT Hedge Fund Activity: Q4 2015 in Review

47 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) for Q4 2015, worth a combined $316M — down 22% from $403M a quarter earlier.

Fund positioning in TDTT was balanced in Q4 2015: 6 funds opened new positions, 6 closed out, 15 added to existing stakes and 15 trimmed.

The largest buyer was Bank of America, adding an estimated $909K. The largest seller was Northern Trust, cutting an estimated $97M.

  • 47 institutional investors held FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) as of Q4 2015, unchanged from Q3 2015.
  • Funds reported $316M of FlexShares iBoxx 3-Year Target Duration TIPS Index Fund stock for Q4 2015, down 22% quarter-over-quarter.
  • 6 funds opened new FlexShares iBoxx 3-Year Target Duration TIPS Index Fund positions in Q4 2015 and 6 closed out, a net change of 0 holders.
  • The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund buyer in Q4 2015 was Bank of America, an estimated $909K added.
  • The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund seller in Q4 2015 was Northern Trust, an estimated $97M sold.

Based on aggregated 13F filings for Q4 2015.