FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
TLTD
27 hedge funds and large institutions have $865M invested in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
8% more funds holding
Funds holding: 25 → 27 (+2)
5% more capital invested
Capital invested by funds: $825M → $865M (+$39.9M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
3.48% less ownership
Funds ownership: 94.71% → 91.22% (-3.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$28M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.77M |
| 3 |
CAI
Capital Advisors Inc
Tulsa,
Oklahoma
|
+$1.37M |
| 4 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$612K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$390K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EA
Efficient Advisors
Mason,
Ohio
|
-$13.5M |
| 2 |
Jane Street
New York
|
-$10.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$10.9M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.48M |
| 5 |
Morgan Stanley
New York
|
-$1.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $10K | +$10.1K | +156 | New |
|
|
27
Jane Street
New York
| – | -$10.9M | -173,313 | Closed |
|
|
28
Citadel Advisors
Miami,
Florida
| – | -$10.9M | -172,435 | Closed |
|
|
OMC
29
Old Mission Capital
Chicago,
Illinois
| – | -$293K | -4,640 | Closed |
|
|
MFBTD
30
MB Financial Bank - Trust Department
Rosemont,
Illinois
| – | -$18K | -283 | Closed |
|
31
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$2K | -25 | Closed |
|
TLTD Hedge Fund Activity: Q3 2017 in Review
27 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 Q3 2017, worth a combined $865M — up 4.8% from $825M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TLTD positions and 5 closed out — a net gain of 2 holders — while 8 added to existing stakes and 8 trimmed.
The largest buyer was Northern Trust, adding an estimated $28M. The largest seller was Efficient Advisors, cutting an estimated $13.5M.
- 27 institutional investors held FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) as of Q3 2017, up from 25 in Q2 2017.
- Funds reported $865M of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund stock for Q3 2017, up 4.8% quarter-over-quarter.
- 7 funds opened new FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund positions in Q3 2017 and 5 closed out, a net change of +2 holders.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund buyer in Q3 2017 was Northern Trust, an estimated $28M added.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund seller in Q3 2017 was Efficient Advisors, an estimated $13.5M sold.
Based on aggregated 13F filings for Q3 2017.