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FlexShares iBoxx 3-Year Target Duration TIPS Index Fund

68 hedge funds and large institutions have $146M invested in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 12 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

108% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 12

21% more capital invested

Capital invested by funds: $120M → $146M (+$25.4M)

0.86% less ownership

Funds ownership: 93.37%92.5% (-0.86%)

1% less funds holding

Funds holding: 6968 (-1)

10% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 10

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
68
Holders Change
-1
Holders Change %
-1.45%
% of All Funds
1.2%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
9
Increased
25
Reduced
12
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WPA
1
West Paces Advisors
Georgia
$20.1M +$511K +19,771 +3%
CNBT
2
Cornerstone National Bank & Trust
Illinois
$17.4M +$1.78M +68,985 +12%
VA
3
Valmark Advisers
Ohio
$13.7M +$32.2K +1,247 +0.2%
Northern Trust
4
Northern Trust
Illinois
$11.3M -$143M -5,531,831 -12%
PA
5
Pinnacle Associates
New York
$10.8M +$3.4M +131,439 +46%
UBS Group
6
UBS Group
Switzerland
$10.5M +$4.34M +167,958 +72%
Jane Street
7
Jane Street
New York
$9.01M +$4.19M +162,306 +89%
CWM
8
Cabot Wealth Management
Massachusetts
$4.45M +$225K +8,693 +5%
V
9
VeraBank
Texas
$4.23M +$203K +7,856 +5%
Bank of America
10
Bank of America
North Carolina
$4.17M +$1.07M +41,361 +35%
Citadel Advisors
11
Citadel Advisors
Florida
$3.62M +$2.46M +95,298 +219%
FTUS
12
Flow Traders U.S.
New York
$3.54M +$3.51M +135,876 New
PWMAG
13
Pinnacle Wealth Management Advisory Group
New Jersey
$3.35M +$1.08M +41,620 +48%
Wells Fargo
14
Wells Fargo
California
$3.24M +$1.49M +57,596 +87%
CG
15
Colony Group
Massachusetts
$2.63M -$195K -7,558 -7%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$2.37M -$1.61M -62,309 -41%
IA
17
IFG Advisory
Georgia
$2.31M +$188K +7,291 +9%
LPL Financial
18
LPL Financial
California
$2.04M +$2.43K +94 +0.1%
Legacy Financial Group (Iowa)
19
Legacy Financial Group (Iowa)
Iowa
$1.62M +$1.6M +62,025 New
Morgan Stanley
20
Morgan Stanley
New York
$1.42M +$243K +9,418 +21%
HBT
21
Hills Bank & Trust
Iowa
$1.26M -$123K -4,742 -9%
RCA
22
Ranch Capital Advisors
Florida
$1.25M +$1.23M +47,764 New
IFA
23
Interactive Financial Advisors
Illinois
$1.15M +$83.7K +3,241 +8%
CFS
24
Capital Financial Services
New York
$822K +$814K +31,500 New
RJFSA
25
Raymond James Financial Services Advisors
Florida
$809K +$801K +30,997 New

TDTT Hedge Fund Activity: Q4 2020 in Review

68 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) for Q4 2020, worth a combined $146M — up 21% from $120M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of TDTT and 9 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 25 added.

The largest buyer was UBS Group, adding an estimated $4.34M. The largest seller was Northern Trust, cutting an estimated $143M.

  • 68 institutional investors held FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) as of Q4 2020, down from 69 in Q3 2020.
  • Funds reported $146M of FlexShares iBoxx 3-Year Target Duration TIPS Index Fund stock for Q4 2020, up 21% quarter-over-quarter.
  • 9 funds opened new FlexShares iBoxx 3-Year Target Duration TIPS Index Fund positions in Q4 2020 and 10 closed out, a net change of -1 holder.
  • The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund buyer in Q4 2020 was UBS Group, an estimated $4.34M added.
  • The largest FlexShares iBoxx 3-Year Target Duration TIPS Index Fund seller in Q4 2020 was Northern Trust, an estimated $143M sold.

Based on aggregated 13F filings for Q4 2020.