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FlexShares Morningstar US Market Factors Tilt Index Fund

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.

New
Increased
Maintained
Reduced
Closed

67% more funds holding in top 10

Funds holding in top 10: 35 (+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: 4647 (+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)

Holders
47
Holders Change
+1
Holders Change %
+2.17%
% of All Funds
1.05%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.11%
New
10
Increased
14
Reduced
15
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
1
Northern Trust
Illinois
$977M +$119M +1,086,805 +13%
Commonwealth Equity Services
2
Commonwealth Equity Services
Massachusetts
$36.7M -$1.9M -17,340 -5%
CJA
3
C-J Advisory
California
$30.3M +$1.19M +10,881 +4%
EA
4
Efficient Advisors
Ohio
$30.2M -$2.74M -25,009 -8%
CFA
5
Capstone Financial Advisors
Illinois
$20.5M +$22.4M +204,307 New
CB
6
CNB Bank
Pennsylvania
$9.34M -$208K -1,901 -2%
FTI
7
Fiduciary Trust International
Massachusetts
$6.87M +$25.7M +234,779 New
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$5.96M +$2.98M +27,179 +84%
ST
9
Sentinel Trust
Texas
$3.62M
Ameriprise
10
Ameriprise
Minnesota
$2.92M -$22.8M -207,848 -88%
LNB
11
Ledyard National Bank
$1.83M -$110K -1,001 -5%
LTFS
12
Ladenburg Thalmann Financial Services
Florida
$1.77M -$27.6K -252 -1%
CCM
13
Chilton Capital Management
Texas
$1.63M
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$1.43M -$515K -4,700 -25%
PO
15
Private Ocean
California
$1.38M -$11.7K -107 -0.8%
UBS Group
16
UBS Group
Switzerland
$1.28M +$56.3K +514 +4%
BIM
17
Bridges Investment Management
Nebraska
$1.2M +$1.02M +9,283 +344%
IA
18
IFP Advisors
Florida
$1.18M +$53.3K +487 +4%
LPL Financial
19
LPL Financial
California
$1.17M -$32.3K -295 -2%
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
$1.11M +$1.21M +11,049 New
Morgan Stanley
21
Morgan Stanley
New York
$963K -$111K -1,015 -10%
AIA
22
Alera Investment Advisors
Illinois
$881K +$964K +8,800 New
MCM
23
Manchester Capital Management
Vermont
$846K
CFGS
24
Concourse Financial Group Securities
Alabama
$810K +$487K +4,447 +122%
William Blair & Company
25
William Blair & Company
Illinois
$762K +$271K +2,471 +48%

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.