FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
TLTD
61 hedge funds and large institutions have $510M invested in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 26 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
15% more funds holding
Funds holding: 53 → 61 (+8)
6% more capital invested
Capital invested by funds: $481M → $510M (+$29.9M)
2.83% more ownership
Funds ownership: 93.09% → 95.92% (+2.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
31% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$21.1M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$10.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3.8M |
| 4 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$2.31M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$22M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.49M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$659K |
| 4 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$528K |
| 5 |
EA
Efficient Advisors
Mason,
Ohio
|
-$402K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
51
Garde Capital
Seattle,
Washington
| $172K | – | – | – |
|
52
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $101K | – | – | – |
|
|
CTB
53
Country Trust Bank
Bloomington,
Illinois
| $86K | +$88.5K | +1,357 | New |
|
|
AF
54
Allworth Financial
Folsom,
California
| $70.7K | – | – | – |
|
55
Bank of America
Charlotte,
North Carolina
| $53.2K | +$522 | +8 | +1% |
|
56
UBS Group
Zurich,
Switzerland
| $51K | +$43.1K | +661 | +529% |
|
|
AFS
57
Annapolis Financial Services
Annapolis,
Maryland
| $44.1K | +$44.3K | +679 | New |
|
|
NA
58
NewEdge Advisors
New Orleans,
Louisiana
| $43.5K | -$40.6K | -622 | -48% |
|
|
CB
59
CNB Bank
Clearfield,
Pennsylvania
| $6.42K | -$2.74K | -42 | -30% |
|
|
FFA
60
Farther Finance Advisors
San Francisco,
California
| $3.5K | – | – | – |
|
61
Fidelity Investments
Boston,
Massachusetts
| $195 | – | – | – |
|
|
BAM
62
Belpointe Asset Management
Reno,
Nevada
| – | -$121K | -1,872 | Closed |
|
TLTD Hedge Fund Activity: Q2 2023 in Review
61 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) for Q2 2023, worth a combined $510M — up 6.2% from $481M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TLTD positions and 1 closed out — a net gain of 8 holders — while 18 added to existing stakes and 26 trimmed.
The largest buyer was Jane Street, adding an estimated $21.1M. The largest seller was Northern Trust, cutting an estimated $22M.
- 61 institutional investors held FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) as of Q2 2023, up from 53 in Q1 2023.
- Funds reported $510M of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund stock for Q2 2023, up 6.2% quarter-over-quarter.
- 9 funds opened new FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund positions in Q2 2023 and 1 closed out, a net change of +8 holders.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund buyer in Q2 2023 was Jane Street, an estimated $21.1M added.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund seller in Q2 2023 was Northern Trust, an estimated $22M sold.
Based on aggregated 13F filings for Q2 2023.