FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
TLTD
12 hedge funds and large institutions have $519M invested in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
52% more capital invested
Capital invested by funds: $341M → $519M (+$178M)
50% more funds holding
Funds holding: 8 → 12 (+4)
3.92% more ownership
Funds ownership: 93.24% → 97.15% (+3.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$114M |
| 2 |
Morgan Stanley
New York
|
+$42M |
| 3 |
Jane Street
New York
|
+$16.7M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.32M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$269K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$3.41M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$12.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Northern Trust
Chicago,
Illinois
| $448M | +$114M | +1,820,005 | +35% |
|
|
2
Morgan Stanley
New York
| $48.2M | +$42M | +671,642 | +781% |
|
|
3
Jane Street
New York
| $19.9M | +$16.7M | +266,538 | +585% |
|
|
4
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $2.4M | +$2.32M | +37,141 | +6,692% |
|
|
5
Commonwealth Equity Services
Waltham,
Massachusetts
| $274K | +$269K | +4,308 | New |
|
|
FNBT
6
FineMark National Bank & Trust
Fort Myers,
Florida
| $235K | +$231K | +3,700 | New |
|
|
U
7
UBS
Zurich,
Switzerland
| $201K | +$197K | +3,157 | New |
|
|
AIG
8
American International Group
New York
| $69K | +$21K | +336 | +45% |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| $18K | +$17.4K | +278 | New |
|
|
10
Bank of America
Charlotte,
North Carolina
| $10K | -$12.5K | -200 | -57% |
|
11
Citigroup
New York
| $4K | +$3.5K | +56 | New |
|
|
MFS
12
MSI Financial Services
Springfield,
Massachusetts
| $3K | – | – | – |
|
|
VKH
13
Virtu KCG Holdings
New York
| – | -$3.41M | -53,985 | Closed |
|
TLTD Hedge Fund Activity: Q1 2014 in Review
12 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) for Q1 2014, worth a combined $519M — up 52% from $341M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new TLTD positions and 1 closed out — a net gain of 4 holders — while 5 added to existing stakes and 1 trimmed.
The largest buyer was Northern Trust, adding an estimated $114M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $3.41M sold.
- 12 institutional investors held FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) as of Q1 2014, up from 8 in Q4 2013.
- Funds reported $519M of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund stock for Q1 2014, up 52% quarter-over-quarter.
- 5 funds opened new FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund positions in Q1 2014 and 1 closed out, a net change of +4 holders.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund buyer in Q1 2014 was Northern Trust, an estimated $114M added.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund seller in Q1 2014 was Virtu KCG Holdings, an estimated $3.41M sold.
Based on aggregated 13F filings for Q1 2014.