FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
TLTD
49 hedge funds and large institutions have $533M invested in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in 2020 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 20 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
10% more capital invested
Capital invested by funds: $486M → $533M (+$46.9M)
4% more funds holding
Funds holding: 47 → 49 (+2)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.45% less ownership
Funds ownership: 92.3% → 91.85% (-0.45%)
45% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.99M |
| 2 |
LPL Financial
San Diego,
California
|
+$544K |
| 3 |
CJA
C-J Advisory
San Jose,
California
|
+$369K |
| 4 |
CNBT
Cornerstone National Bank & Trust
Palatine,
Illinois
|
+$341K |
| 5 |
CBT
Capital Bank & Trust
Irvine,
California
|
+$276K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$24.7M |
| 2 |
Jane Street
New York
|
-$3.74M |
| 3 |
EA
Efficient Advisors
Mason,
Ohio
|
-$2.83M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.2M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
MML Investors Services
Springfield,
Massachusetts
| – | -$496K | -8,861 | Closed |
|
|
NP
52
NorthRock Partners
Minneapolis,
Minnesota
| – | -$300K | -5,353 | Closed |
|
|
PA
53
Planning Alternatives
Birmingham,
Michigan
| – | -$294K | -5,248 | Closed |
|
|
AA
54
Advisory Alpha
Holland,
Michigan
| – | -$5K | -79 | Closed |
|
TLTD Hedge Fund Activity: Q4 2020 in Review
49 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) for Q4 2020, worth a combined $533M — up 9.7% from $486M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new TLTD positions and 5 closed out — a net gain of 3 holders — while 11 added to existing stakes and 20 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $1.99M. The largest seller was Northern Trust, cutting an estimated $24.7M.
- 49 institutional investors held FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) as of Q4 2020, up from 47 in Q3 2020.
- Funds reported $533M of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund stock for Q4 2020, up 9.7% quarter-over-quarter.
- 8 funds opened new FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund positions in Q4 2020 and 5 closed out, a net change of +3 holders.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund buyer in Q4 2020 was Citadel Advisors, an estimated $1.99M added.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund seller in Q4 2020 was Northern Trust, an estimated $24.7M sold.
Based on aggregated 13F filings for Q4 2020.