Northern Trust iBoxx 3-Year Target Duration TIPS ETF
TDTT
65 hedge funds and large institutions have $113M invested in Northern Trust iBoxx 3-Year Target Duration TIPS ETF in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 9 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
0.72% more ownership
Funds ownership: 93.4% → 94.12% (+0.72%)
5% less capital invested
Capital invested by funds: $119M → $113M (-$5.6M)
4% less funds holding
Funds holding: 68 → 65 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$237M |
| 2 |
CNBT
Cornerstone National Bank & Trust
Palatine,
Illinois
|
+$1.66M |
| 3 |
PWMAG
Pinnacle Wealth Management Advisory Group
Red Bank,
New Jersey
|
+$1.3M |
| 4 |
PA
Pinnacle Associates
New York
|
+$1.22M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HBT
Hills Bank & Trust
North Liberty,
Iowa
|
-$6.95M |
| 2 |
Jane Street
New York
|
-$2.56M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$1.58M |
| 4 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
-$1.52M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.11M |
TDTT Hedge Fund Activity: Q2 2020 in Review
65 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Northern Trust iBoxx 3-Year Target Duration TIPS ETF (TDTT) for Q2 2020, worth a combined $113M — down 4.7% from $119M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TDTT and 6 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 19 added.
The largest buyer was Northern Trust, adding an estimated $237M. The largest seller was Hills Bank & Trust, cutting an estimated $6.95M.
- 65 institutional investors held Northern Trust iBoxx 3-Year Target Duration TIPS ETF (TDTT) as of Q2 2020, down from 68 in Q1 2020.
- Funds reported $113M of Northern Trust iBoxx 3-Year Target Duration TIPS ETF stock for Q2 2020, down 4.7% quarter-over-quarter.
- 6 funds opened new Northern Trust iBoxx 3-Year Target Duration TIPS ETF positions in Q2 2020 and 9 closed out, a net change of -3 holders.
- The largest Northern Trust iBoxx 3-Year Target Duration TIPS ETF buyer in Q2 2020 was Northern Trust, an estimated $237M added.
- The largest Northern Trust iBoxx 3-Year Target Duration TIPS ETF seller in Q2 2020 was Hills Bank & Trust, an estimated $6.95M sold.
Based on aggregated 13F filings for Q2 2020.