FlexShares Morningstar US Market Factors Tilt Index Fund
TILT
10 hedge funds and large institutions have $561M invested in FlexShares Morningstar US Market Factors Tilt Index Fund in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 2 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
20% more capital invested
Capital invested by funds: $469M → $561M (+$92.8M)
11% more funds holding
Funds holding: 9 → 10 (+1)
0.15% less ownership
Funds ownership: 89.78% → 89.63% (-0.15%)
Top Buyers
| 1 |
Northern Trust
Chicago,
Illinois
|
+$83.7M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.33M |
| 3 |
Morgan Stanley
New York
|
+$1.5M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$344K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$80.2K |
Top Sellers
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.6M |
| 2 |
BJL
Brighton Jones LLC
Seattle,
Washington
|
-$1.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$27.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Northern Trust
Chicago,
Illinois
| $547M | +$83.7M | +1,043,677 | +19% |
|
|
2
Morgan Stanley
New York
| $8.69M | +$1.5M | +18,694 | +21% |
|
|
3
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $5.22M | +$3.33M | +41,523 | +186% |
|
|
4
Commonwealth Equity Services
Waltham,
Massachusetts
| $351K | +$344K | +4,291 | New |
|
|
CL
5
CPWM LLC
Seattle,
Washington
| $237K | – | – | – |
|
|
AIG
6
American International Group
New York
| $140K | +$30.8K | +384 | +29% |
|
|
7
Bank of Montreal
Toronto,
Ontario, Canada
| $82K | +$80.2K | +1,000 | New |
|
|
FBT
8
Founders Bank & Trust
Grand Rapids,
Michigan
| $54K | – | – | – |
|
|
9
Bank of America
Charlotte,
North Carolina
| $47K | -$27.6K | -344 | -38% |
|
|
U
10
UBS
Zurich,
Switzerland
| $13K | +$12.7K | +159 | New |
|
|
11
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$5.6M | -69,763 | Closed |
|
|
BJL
12
Brighton Jones LLC
Seattle,
Washington
| – | -$1.5M | -18,750 | Closed |
|
TILT Hedge Fund Activity: Q1 2014 in Review
10 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar US Market Factors Tilt Index Fund (TILT) for Q1 2014, worth a combined $561M — up 20% from $469M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new TILT positions and 2 closed out — a net gain of 1 holder — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Northern Trust, adding an estimated $83.7M. The largest seller was Royal Bank of Canada, exiting entirely with an estimated $5.6M sold.
- 10 institutional investors held FlexShares Morningstar US Market Factors Tilt Index Fund (TILT) as of Q1 2014, up from 9 in Q4 2013.
- Funds reported $561M of FlexShares Morningstar US Market Factors Tilt Index Fund stock for Q1 2014, up 20% quarter-over-quarter.
- 3 funds opened new FlexShares Morningstar US Market Factors Tilt Index Fund positions in Q1 2014 and 2 closed out, a net change of +1 holder.
- The largest FlexShares Morningstar US Market Factors Tilt Index Fund buyer in Q1 2014 was Northern Trust, an estimated $83.7M added.
- The largest FlexShares Morningstar US Market Factors Tilt Index Fund seller in Q1 2014 was Royal Bank of Canada, an estimated $5.6M sold.
Based on aggregated 13F filings for Q1 2014.