FlexShares Morningstar US Market Factors Tilt Index Fund
TILT
47 hedge funds and large institutions have $1.15B invested in FlexShares Morningstar US Market Factors Tilt Index Fund in 2018 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 9 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
2.54% more ownership
Funds ownership: 91.06% → 93.6% (+2.5%)
2% more funds holding
Funds holding: 46 → 47 (+1)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
7% less capital invested
Capital invested by funds: $1.23B → $1.15B (-$88.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$119M |
| 2 |
FTI
Fiduciary Trust International
Lincoln,
Massachusetts
|
+$25.7M |
| 3 |
CFA
Capstone Financial Advisors
Downers Grove,
Illinois
|
+$22.4M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.98M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$22.8M |
| 2 |
Jane Street
New York
|
-$5.99M |
| 3 |
EA
Efficient Advisors
Mason,
Ohio
|
-$2.74M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$647K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
51
Virtu Financial
New York
| – | -$275K | -2,300 | Closed |
|
52
US Bancorp
Minneapolis,
Minnesota
| – | -$95K | -797 | Closed |
|
|
CPIG
53
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$40K | -373 | Closed |
|
|
SWP
54
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$2K | -20 | Closed |
|
55
Fidelity Investments
Boston,
Massachusetts
| – | +$110 | +1 | New |
|
TILT Hedge Fund Activity: Q4 2018 in Review
47 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar US Market Factors Tilt Index Fund (TILT) for Q4 2018, worth a combined $1.15B — down 7.2% from $1.23B a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TILT positions and 9 closed out — a net gain of 1 holder — while 14 added to existing stakes and 15 trimmed.
The largest buyer was Northern Trust, adding an estimated $119M. The largest seller was Ameriprise, cutting an estimated $22.8M.
- 47 institutional investors held FlexShares Morningstar US Market Factors Tilt Index Fund (TILT) as of Q4 2018, up from 46 in Q3 2018.
- Funds reported $1.15B of FlexShares Morningstar US Market Factors Tilt Index Fund stock for Q4 2018, down 7.2% quarter-over-quarter.
- 10 funds opened new FlexShares Morningstar US Market Factors Tilt Index Fund positions in Q4 2018 and 9 closed out, a net change of +1 holder.
- The largest FlexShares Morningstar US Market Factors Tilt Index Fund buyer in Q4 2018 was Northern Trust, an estimated $119M added.
- The largest FlexShares Morningstar US Market Factors Tilt Index Fund seller in Q4 2018 was Ameriprise, an estimated $22.8M sold.
Based on aggregated 13F filings for Q4 2018.