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FlexShares iBoxx 3-Year Target Duration TIPS Index Fund

47 hedge funds and large institutions have $315M invested in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 21 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.15% more ownership

Funds ownership: 95.07%96.22% (+1.1%)

0% more funds holding

Funds holding: 4747 (0)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 4

0% less capital invested

Capital invested by funds: $316M → $315M (-$1.25M)

48% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 21

Holders
47
Holders Change
Holders Change %
0%
% of All Funds
1.25%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
4
Increased
11
Reduced
21
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
VA
1
Valmark Advisers
Ohio
$232M -$6.56M -268,876 -3%
TAT
2
TD Ameritrade Trust
Colorado
$16.1M -$425K -17,393 -3%
HBT
3
Hills Bank & Trust
Iowa
$15.9M +$934K +38,235 +6%
Northern Trust
4
Northern Trust
Illinois
$14.7M -$34.1M -1,397,398 -2%
NB
5
Nicolet Bankshares
Wisconsin
$5.93M +$114K +4,664 +2%
FBNAT
6
FirstMerit Bank N.A. Trustee
Ohio
$3.49M -$180K -7,363 -5%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$2.77M +$138K +5,661 +5%
Bank of America
8
Bank of America
North Carolina
$2.52M -$478K -19,590 -16%
VFS
9
VSR Financial Services
Kansas
$2.48M -$44.1K -1,806 -2%
Comerica Bank
10
Comerica Bank
Texas
$2.35M -$206K -8,428 -8%
LC
11
Lourd Capital
California
$1.5M
LPL Financial
12
LPL Financial
California
$1.41M +$76.9K +3,150 +6%
CIA
13
Capital Investment Advisors
Georgia
$1.4M -$358K -14,647 -21%
IFA
14
Interactive Financial Advisors
Illinois
$1.33M -$223K -9,142 -15%
LNB
15
Ledyard National Bank
$1.26M -$29.2K -1,195 -2%
CS
16
Comerica Securities
Michigan
$1.15M -$1.64K -67 -0.1%
Susquehanna International Group
17
Susquehanna International Group
Pennsylvania
$840K -$501K -20,501 -38%
PNC
18
Park National Corp
Ohio
$833K -$28.9K -1,185 -3%
Morgan Stanley
19
Morgan Stanley
New York
$820K -$62.1K -2,545 -7%
Jane Street
20
Jane Street
New York
$785K -$314K -12,854 -29%
Northwestern Mutual Wealth Management
21
Northwestern Mutual Wealth Management
Wisconsin
$594K +$329K +13,484 +128%
SFA
22
Sequoia Financial Advisors
Ohio
$589K -$21.7K -887 -4%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$522K +$362K +14,832 +237%
Citadel Advisors
24
Citadel Advisors
Florida
$463K +$39.2K +1,606 +9%
UBS Group
25
UBS Group
Switzerland
$432K +$38.6K +1,583 +10%

TDTT Hedge Fund Activity: Q1 2016 in Review

47 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) for Q1 2016, worth a combined $315M — down 0.4% from $316M a quarter earlier.

Fund positioning in TDTT was balanced in Q1 2016: 4 funds opened new positions, 4 closed out, 11 added to existing stakes and 21 trimmed.

The largest buyer was Hills Bank & Trust, adding an estimated $934K. The largest seller was Northern Trust, cutting an estimated $34.1M.

  • 47 institutional investors held FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) as of Q1 2016, unchanged from Q4 2015.
  • Funds reported $315M of FlexShares iBoxx 3-Year Target Duration TIPS Index Fund stock for Q1 2016, down 0.4% quarter-over-quarter.
  • 4 funds opened new FlexShares iBoxx 3-Year Target Duration TIPS Index Fund positions in Q1 2016 and 4 closed out, a net change of 0 holders.
  • The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund buyer in Q1 2016 was Hills Bank & Trust, an estimated $934K added.
  • The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund seller in Q1 2016 was Northern Trust, an estimated $34.1M sold.

Based on aggregated 13F filings for Q1 2016.