FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
TLTD
51 hedge funds and large institutions have $516M invested in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 18 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
16% more funds holding
Funds holding: 44 → 51 (+7)
0.37% more ownership
Funds ownership: 92.52% → 92.89% (+0.37%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
14% less capital invested
Capital invested by funds: $601M → $516M (-$85.4M)
22% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.96M |
| 2 |
CNBT
Cornerstone National Bank & Trust
Palatine,
Illinois
|
+$2.01M |
| 3 |
ANTB
AMG National Trust Bank
Greenwood Village,
Colorado
|
+$673K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$437K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$414K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$99.3M |
| 2 |
Morgan Stanley
New York
|
-$46.6M |
| 3 |
CFA
Capstone Financial Advisors
Downers Grove,
Illinois
|
-$13.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.86M |
| 5 |
Jane Street
New York
|
-$3.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $4K | – | – | – |
|
|
RJFSA
52
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$2.31M | -49,748 | Closed |
|
|
TI
53
Tidal Investments
Milwaukee,
Wisconsin
| – | -$277K | -5,983 | Closed |
|
|
ETS
54
ESL Trust Services
Rochester,
New York
| – | -$210K | -4,465 | Closed |
|
TLTD Hedge Fund Activity: Q2 2020 in Review
51 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) for Q2 2020, worth a combined $516M — down 14% from $601M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TLTD positions and 3 closed out — a net gain of 7 holders — while 14 added to existing stakes and 18 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $2.96M. The largest seller was Northern Trust, cutting an estimated $99.3M.
- 51 institutional investors held FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) as of Q2 2020, up from 44 in Q1 2020.
- Funds reported $516M of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund stock for Q2 2020, down 14% quarter-over-quarter.
- 10 funds opened new FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund positions in Q2 2020 and 3 closed out, a net change of +7 holders.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund buyer in Q2 2020 was Royal Bank of Canada, an estimated $2.96M added.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund seller in Q2 2020 was Northern Trust, an estimated $99.3M sold.
Based on aggregated 13F filings for Q2 2020.