FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
TLTD
44 hedge funds and large institutions have $601M invested in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 15
0.06% less ownership
Funds ownership: 92.58% → 92.52% (-0.06%)
6% less funds holding
Funds holding: 47 → 44 (-3)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
34% less capital invested
Capital invested by funds: $914M → $601M (-$312M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFA
Capstone Financial Advisors
Downers Grove,
Illinois
|
+$43.6M |
| 2 |
Jane Street
New York
|
+$7.46M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$7.06M |
| 4 |
Morgan Stanley
New York
|
+$3.89M |
| 5 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$118M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$3.81M |
| 3 |
CJA
C-J Advisory
San Jose,
California
|
-$3.27M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.43M |
| 5 |
CB
CNB Bank
Clearfield,
Pennsylvania
|
-$774K |
TLTD Hedge Fund Activity: Q1 2020 in Review
44 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) for Q1 2020, worth a combined $601M — down 34% from $914M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TLTD and 8 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 15 added.
The largest buyer was Capstone Financial Advisors, adding an estimated $43.6M. The largest seller was Northern Trust, cutting an estimated $118M.
- 44 institutional investors held FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) as of Q1 2020, down from 47 in Q4 2019.
- Funds reported $601M of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund stock for Q1 2020, down 34% quarter-over-quarter.
- 8 funds opened new FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund positions in Q1 2020 and 9 closed out, a net change of -1 holder.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund buyer in Q1 2020 was Capstone Financial Advisors, an estimated $43.6M added.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund seller in Q1 2020 was Northern Trust, an estimated $118M sold.
Based on aggregated 13F filings for Q1 2020.