FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
TLTD
25 hedge funds and large institutions have $825M invested in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 3 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
12% more capital invested
Capital invested by funds: $734M → $825M (+$91.1M)
4% more funds holding
Funds holding: 24 → 25 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.3% less ownership
Funds ownership: 95% → 94.71% (-0.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$51.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$7.44M |
| 3 |
Jane Street
New York
|
+$1.89M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.66M |
| 5 |
CAI
Capital Advisors Inc
Tulsa,
Oklahoma
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EA
Efficient Advisors
Mason,
Ohio
|
-$8.62M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$654K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$241K |
| 4 |
LPL Financial
San Diego,
California
|
-$231K |
| 5 |
Morgan Stanley
New York
|
-$125K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
LPL Financial
San Diego,
California
| – | -$231K | -3,843 | Closed |
|
|
ZB
27
Zions Bancorporation
Salt Lake City,
Utah
| – | -$25K | -410 | Closed |
|
TLTD Hedge Fund Activity: Q2 2017 in Review
25 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) for Q2 2017, worth a combined $825M — up 12% from $734M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new TLTD positions and 3 closed out — a net gain of 1 holder — while 14 added to existing stakes and 5 trimmed.
The largest buyer was Northern Trust, adding an estimated $51.9M. The largest seller was Efficient Advisors, cutting an estimated $8.62M.
- 25 institutional investors held FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) as of Q2 2017, up from 24 in Q1 2017.
- Funds reported $825M of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund stock for Q2 2017, up 12% quarter-over-quarter.
- 4 funds opened new FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund positions in Q2 2017 and 3 closed out, a net change of +1 holder.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund buyer in Q2 2017 was Northern Trust, an estimated $51.9M added.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund seller in Q2 2017 was Efficient Advisors, an estimated $8.62M sold.
Based on aggregated 13F filings for Q2 2017.