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FlexShares iBoxx 3-Year Target Duration TIPS Index Fund

46 hedge funds and large institutions have $290M invested in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund in 2016 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 10

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

18% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 11

7% more capital invested

Capital invested by funds: $270M → $290M (+$19.8M)

5% more funds holding

Funds holding: 4446 (+2)

0.69% more ownership

Funds ownership: 95.26%95.96% (+0.69%)

Holders
46
Holders Change
+2
Holders Change %
+4.55%
% of All Funds
1.15%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.1%
New
13
Increased
14
Reduced
10
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
VA
1
Valmark Advisers
Ohio
$191M +$147K +5,939 +0.1%
HBT
2
Hills Bank & Trust
Iowa
$19.1M +$1.39M +56,083 +8%
Northern Trust
3
Northern Trust
Illinois
$15.4M +$31.8M +1,286,515 +2%
TAT
4
TD Ameritrade Trust
Colorado
$13.5M +$110K +4,468 +0.8%
WPA
5
West Paces Advisors
Georgia
$12.5M +$12.5M +504,514 New
NB
6
Nicolet Bankshares
Wisconsin
$8.4M +$93K +3,760 +1%
PFM
7
PacWest Financial Management
Arizona
$5M +$500K +20,225 New
Bank of America
8
Bank of America
North Carolina
$4.44M +$1.79M +72,344 +67%
Wells Fargo
9
Wells Fargo
California
$2.1M +$306K +12,387 +17%
HCM
10
Harvest Capital Management
New Hampshire
$2.03M +$2.03M +82,080 New
CG
11
Colony Group
Massachusetts
$1.57M +$1.57M +63,476 New
IFA
12
Interactive Financial Advisors
Illinois
$1.56M -$9.72K -393 -0.6%
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$1.43M -$2.24M -90,387 -61%
Citadel Advisors
14
Citadel Advisors
Florida
$1.38M +$1.39M +56,047 New
HNB
15
Huntington National Bank
Ohio
$1.3M -$437K -17,675 -25%
LNB
16
Ledyard National Bank
$1.19M -$4.4K -178 -0.4%
Morgan Stanley
17
Morgan Stanley
New York
$947K -$29.2K -1,181 -3%
Jane Street
18
Jane Street
New York
$886K +$10.2K +412 +1%
PNC
19
Park National Corp
Ohio
$792K +$18.6K +754 +2%
CIBC Private Wealth Group
20
CIBC Private Wealth Group
Georgia
$667K +$668K +27,007 New
LPL Financial
21
LPL Financial
California
$573K -$96.6K -3,906 -14%
Comerica Bank
22
Comerica Bank
Texas
$558K -$195K -7,896 -26%
LNC
23
Lincoln National Corp
Pennsylvania
$376K +$2.55K +103 +0.7%
UBS Group
24
UBS Group
Switzerland
$366K +$42.2K +1,706 +13%
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$356K -$522K -21,100 -59%

TDTT Hedge Fund Activity: Q4 2016 in Review

46 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) for Q4 2016, worth a combined $290M — up 7.3% from $270M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new TDTT positions and 11 closed out — a net gain of 2 holders — while 14 added to existing stakes and 10 trimmed.

The largest buyer was Northern Trust, adding an estimated $31.8M. The largest seller was Susquehanna International Group, cutting an estimated $2.24M.

  • 46 institutional investors held FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) as of Q4 2016, up from 44 in Q3 2016.
  • Funds reported $290M of FlexShares iBoxx 3-Year Target Duration TIPS Index Fund stock for Q4 2016, up 7.3% quarter-over-quarter.
  • 13 funds opened new FlexShares iBoxx 3-Year Target Duration TIPS Index Fund positions in Q4 2016 and 11 closed out, a net change of +2 holders.
  • The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund buyer in Q4 2016 was Northern Trust, an estimated $31.8M added.
  • The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund seller in Q4 2016 was Susquehanna International Group, an estimated $2.24M sold.

Based on aggregated 13F filings for Q4 2016.