FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
TLTD
12 hedge funds and large institutions have $607M invested in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 1 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
17% more capital invested
Capital invested by funds: $519M → $607M (+$87.5M)
0% more funds holding
Funds holding: 12 → 12 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
2.1% less ownership
Funds ownership: 97.15% → 95.05% (-2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$72M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.43M |
| 3 |
Morgan Stanley
New York
|
+$1.16M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$230K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$70.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$12M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$220K |
| 3 |
FNBT
FineMark National Bank & Trust
Fort Myers,
Florida
|
-$97.3K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$11.6K |
| 5 |
Citigroup
New York
|
-$4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Northern Trust
Chicago,
Illinois
| $542M | +$72M | +1,108,828 | +16% |
|
|
2
Morgan Stanley
New York
| $51.6M | +$1.16M | +17,859 | +2% |
|
|
3
Jane Street
New York
| $8.47M | -$12M | -184,729 | -59% |
|
|
4
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $2.28M | -$220K | -3,387 | -9% |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.47M | +$1.43M | +22,050 | New |
|
|
6
Commonwealth Equity Services
Waltham,
Massachusetts
| $522K | +$230K | +3,542 | +82% |
|
|
U
7
UBS
Zurich,
Switzerland
| $282K | +$70.4K | +1,084 | +34% |
|
|
FNBT
8
FineMark National Bank & Trust
Fort Myers,
Florida
| $146K | -$97.3K | -1,500 | -41% |
|
|
AIG
9
American International Group
New York
| $72.2K | – | – | – |
|
10
Bank of America
Charlotte,
North Carolina
| $70K | +$58.9K | +907 | +605% |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| $7K | -$11.6K | -178 | -64% |
|
|
MFS
12
MSI Financial Services
Springfield,
Massachusetts
| $3K | – | – | – |
|
|
13
Citigroup
New York
| – | -$4K | -56 | Closed |
|
TLTD Hedge Fund Activity: Q2 2014 in Review
12 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) for Q2 2014, worth a combined $607M — up 17% from $519M a quarter earlier.
Fund positioning in TLTD was balanced in Q2 2014: 1 fund opened new positions, 1 closed out, 5 added to existing stakes and 4 trimmed.
The largest buyer was Northern Trust, adding an estimated $72M. The largest seller was Jane Street, cutting an estimated $12M.
- 12 institutional investors held FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) as of Q2 2014, unchanged from Q1 2014.
- Funds reported $607M of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund stock for Q2 2014, up 17% quarter-over-quarter.
- 1 fund opened new FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund positions in Q2 2014 and 1 closed out, a net change of 0 holders.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund buyer in Q2 2014 was Northern Trust, an estimated $72M added.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund seller in Q2 2014 was Jane Street, an estimated $12M sold.
Based on aggregated 13F filings for Q2 2014.