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FlexShares iBoxx 3-Year Target Duration TIPS Index Fund

54 hedge funds and large institutions have $309M invested in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 23 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.15% less ownership

Funds ownership: 95.58%95.43% (-0.15%)

1% less capital invested

Capital invested by funds: $313M → $309M (-$4.15M)

4% less funds holding

Funds holding: 5654 (-2)

13% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 8

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

43% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 23

Holders
54
Holders Change
-2
Holders Change %
-3.57%
% of All Funds
1.35%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.07%
New
7
Increased
13
Reduced
23
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
VA
1
Valmark Advisers
Ohio
$199M +$2.98M +121,444 +2%
HBT
2
Hills Bank & Trust
Iowa
$23.2M +$784K +31,889 +3%
Northern Trust
3
Northern Trust
Illinois
$17.1M +$43.8M +1,781,629 +3%
WPA
4
West Paces Advisors
Georgia
$15M +$522K +21,248 +4%
TAT
5
TD Ameritrade Trust
Colorado
$8.55M -$7.49M -305,006 -47%
PA
6
Pinnacle Associates
New York
$7.92M -$14.1K -573 -0.2%
NB
7
Nicolet Bankshares
Wisconsin
$4.6M -$1.37M -55,709 -23%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$3.74M +$3.74M +152,102 New
CWM
9
Cabot Wealth Management
Massachusetts
$3.61M -$7.91K -322 -0.2%
Bank of America
10
Bank of America
North Carolina
$2.91M -$303K -12,340 -9%
HCM
11
Harvest Capital Management
New Hampshire
$2.72M +$438K +17,805 +19%
Morgan Stanley
12
Morgan Stanley
New York
$2.4M +$744K +30,260 +45%
PWMAG
13
Pinnacle Wealth Management Advisory Group
New Jersey
$2.13M -$20.9K -850 -1%
CG
14
Colony Group
Massachusetts
$1.78M -$164K -6,680 -8%
Jane Street
15
Jane Street
New York
$1.71M -$823K -33,489 -32%
IFA
16
Interactive Financial Advisors
Illinois
$1.44M -$70.2K -2,858 -5%
HNB
17
Huntington National Bank
Ohio
$1.13M
LNB
18
Ledyard National Bank
$896K -$376K -15,299 -30%
PNC
19
Park National Corp
Ohio
$832K -$14.9K -605 -2%
BL
20
BFSG LLC
California
$725K -$448K -18,219 -38%
CIBC Private Wealth Group
21
CIBC Private Wealth Group
Georgia
$663K
LPL Financial
22
LPL Financial
California
$650K +$76.4K +3,111 +13%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$516K +$458K +18,621 +776%
VF
24
Virtu Financial
New York
$492K +$492K +20,019 New
CPIG
25
Chicago Partners Investment Group
Illinois
$441K -$441K -17,950 -50%

TDTT Hedge Fund Activity: Q3 2017 in Review

54 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) for Q3 2017, worth a combined $309M — down 1.3% from $313M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of TDTT and 7 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 13 added.

The largest buyer was Northern Trust, adding an estimated $43.8M. The largest seller was TD Ameritrade Trust, cutting an estimated $7.49M.

  • 54 institutional investors held FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) as of Q3 2017, down from 56 in Q2 2017.
  • Funds reported $309M of FlexShares iBoxx 3-Year Target Duration TIPS Index Fund stock for Q3 2017, down 1.3% quarter-over-quarter.
  • 7 funds opened new FlexShares iBoxx 3-Year Target Duration TIPS Index Fund positions in Q3 2017 and 8 closed out, a net change of -1 holder.
  • The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund buyer in Q3 2017 was Northern Trust, an estimated $43.8M added.
  • The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund seller in Q3 2017 was TD Ameritrade Trust, an estimated $7.49M sold.

Based on aggregated 13F filings for Q3 2017.