We are live on ! Find out more
TLTD icon

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
TLTD

60 hedge funds and large institutions have $469M invested in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 25 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% less funds holding

Funds holding: 61 → 60 (-1)

2.18% less ownership

Funds ownership: 95.92% → 93.74% (-2.2%)

8% less capital invested

Capital invested by funds: $510M → $469M (-$41.4M)

17% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 6

28% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 25

50% less funds holding in top 10

Funds holding in top 10: 2 → 1 (-1)

Holders
60
Holders Change
-1
Holders Change %
-1.64%
% of All Funds
0.95%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
5
Increased
18
Reduced
25
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
FTUS
Flow Traders U.S.
New York
+$11.9M
2
MML Investors Services
MML Investors Services
Massachusetts
+$956K
3
Osaic Holdings
Osaic Holdings
Arizona
+$487K
4
Stifel Financial
Stifel Financial
Missouri
+$401K
5
UBS Group
UBS Group
Switzerland
+$200K

Top Sellers

Rank Fund Capital Flow
1
Northern Trust
Northern Trust
Illinois
-$12.6M
2
Jane Street
Jane Street
New York
-$11.5M
3
MA
Mutual Advisors
Nebraska
-$3.59M
4
Citadel Advisors
Citadel Advisors
Florida
-$2.22M
5
CNBT
Cornerstone National Bank & Trust
Illinois
-$2M
Name Holding Trade Value Shares
Change 		Change in
Stake
3LCM
26
3D/L Capital Management
Connecticut
$522K +$3.19K +49 +0.6%
KAS
27
Kestra Advisory Services
Texas
$514K -$16.4K -253 -3%
Corient Private Wealth
28
Corient Private Wealth
Florida
$511K – – –
HA
29
Herold Advisors
New York
$496K -$41K -631 -7%
OMC
30
Old Mission Capital
Illinois
$496K – – –
IWC
31
Integrated Wealth Concepts
Massachusetts
$445K +$195 +3 +0%
Cambridge Investment Research Advisors
32
Cambridge Investment Research Advisors
Iowa
$442K -$49.3K -759 -10%
MA
33
Mutual Advisors
Nebraska
$400K -$3.59M -55,246 -90%
Stifel Financial
34
Stifel Financial
Missouri
$386K +$401K +6,172 New
HFW
35
Horizon Family Wealth
Illinois
$377K +$15K +231 +4%
William Blair & Company
36
William Blair & Company
Illinois
$369K -$4.49K -69 -1%
Wells Fargo
37
Wells Fargo
California
$354K +$190K +2,918 +106%
TA
38
TFB Advisors
Kansas
$315K – – –
GIA
39
Gladstone Institutional Advisory
Florida
$305K -$231K -3,556 -42%
SB
40
Strategic Blueprint
Georgia
$266K -$10.4K -160 -4%
FFM
41
Forum Financial Management
Illinois
$255K – – –
UBS Group
42
UBS Group
Switzerland
$241K +$200K +3,073 +391%
CC
43
Callan Capital
California
$240K +$780 +12 +0.3%
ZB
44
Zions Bancorporation
Utah
$230K -$325K -4,993 -58%
NP
45
NorthRock Partners
Minnesota
$225K +$1.1K +17 +0.5%
USCWA
46
U.S. Capital Wealth Advisors
Texas
$210K -$9.75K -150 -4%
Royal Bank of Canada
47
Royal Bank of Canada
Ontario, Canada
$177K -$21.8K -336 -11%
GC
48
Garde Capital
Washington
$165K – – –
Northwestern Mutual Wealth Management
49
Northwestern Mutual Wealth Management
Wisconsin
$146K +$151K +2,330 New
PNC Financial Services Group
50
PNC Financial Services Group
Pennsylvania
$97K – – –
1
2
3

TLTD Hedge Fund Activity: Q3 2023 in Review

60 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) for Q3 2023, worth a combined $469M — down 8.1% from $510M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of TLTD and 5 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 18 added.

The largest buyer was Flow Traders U.S., adding an estimated $11.9M. The largest seller was Northern Trust, cutting an estimated $12.6M.

  • 60 institutional investors held FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) as of Q3 2023, down from 61 in Q2 2023.
  • Funds reported $469M of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund stock for Q3 2023, down 8.1% quarter-over-quarter.
  • 5 funds opened new FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund positions in Q3 2023 and 6 closed out, a net change of -1 holder.
  • The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund buyer in Q3 2023 was Flow Traders U.S., an estimated $11.9M added.
  • The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund seller in Q3 2023 was Northern Trust, an estimated $12.6M sold.

Based on aggregated 13F filings for Q3 2023.