FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
TLTD
60 hedge funds and large institutions have $558M invested in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in 2021 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
53% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 15
11% more funds holding
Funds holding: 54 → 60 (+6)
2% less ownership
Funds ownership: 90.19% → 88.19% (-2%)
8% less capital invested
Capital invested by funds: $609M → $558M (-$50.9M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFA
Capstone Financial Advisors
Downers Grove,
Illinois
|
+$3.54M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.38M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$694K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$468K |
| 5 |
CNBT
Cornerstone National Bank & Trust
Palatine,
Illinois
|
+$332K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$45.9M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$1.21M |
| 3 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$1.18M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$614K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$326K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TFGT
51
TS Financial Group (TSFG)
Lake Forest,
Illinois
| $87K | – | – | – |
|
|
AF
52
Allworth Financial
Folsom,
California
| $78K | – | – | – |
|
53
Bank of America
Charlotte,
North Carolina
| $59K | +$54.4K | +751 | +1,088% |
|
|
ST
54
Sageworth Trust
Lancaster,
Pennsylvania
| $58K | – | – | – |
|
55
Qube Research & Technologies (QRT)
London,
United Kingdom
| $43K | +$34.6K | +478 | +389% |
|
|
LWA
56
Lenox Wealth Advisors
New York
| $23K | +$362 | +5 | +2% |
|
|
ACM
57
Absolute Capital Management
Pittsburgh,
Pennsylvania
| $12.3K | +$12.4K | +171 | New |
|
|
MP
58
McDonald Partners
Cleveland,
Ohio
| $12.3K | +$12.4K | +171 | New |
|
59
UBS Group
Zurich,
Switzerland
| $11K | – | – | – |
|
|
CP
60
Castleview Partners
Dallas,
Texas
| $169 | +$881K | +12,162 | New |
|
|
NA
61
NewEdge Advisors
New Orleans,
Louisiana
| – | -$326K | -4,545 | Closed |
|
62
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$258K | -3,595 | Closed |
|
|
HI
63
Harbour Investments
Madison,
Wisconsin
| – | -$12K | -174 | Closed |
|
64
Barclays
London,
United Kingdom
| – | -$3K | -38 | Closed |
|
TLTD Hedge Fund Activity: Q4 2021 in Review
60 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) for Q4 2021, worth a combined $558M — down 8.4% from $609M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TLTD positions and 4 closed out — a net gain of 8 holders — while 23 added to existing stakes and 15 trimmed.
The largest buyer was Capstone Financial Advisors, adding an estimated $3.54M. The largest seller was Citadel Advisors, cutting an estimated $45.9M.
- 60 institutional investors held FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) as of Q4 2021, up from 54 in Q3 2021.
- Funds reported $558M of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund stock for Q4 2021, down 8.4% quarter-over-quarter.
- 12 funds opened new FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund positions in Q4 2021 and 4 closed out, a net change of +8 holders.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund buyer in Q4 2021 was Capstone Financial Advisors, an estimated $3.54M added.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund seller in Q4 2021 was Citadel Advisors, an estimated $45.9M sold.
Based on aggregated 13F filings for Q4 2021.