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FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

18 hedge funds and large institutions have $505M invested in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in 2015 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 4

1% less capital invested

Capital invested by funds: $509M → $505M (-$3.94M)

1.76% less ownership

Funds ownership: 95.22%93.46% (-1.8%)

5% less funds holding

Funds holding: 1918 (-1)

25% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 4

Holders
18
Holders Change
-1
Holders Change %
-5.26%
% of All Funds
0.47%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
8
Reduced
4
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
1
Northern Trust
Illinois
$483M -$13.1M -229,510 -3%
Commonwealth Equity Services
2
Commonwealth Equity Services
Massachusetts
$8.28M +$3.51M +61,575 +70%
Morgan Stanley
3
Morgan Stanley
New York
$4.09M -$205K -3,597 -5%
Susquehanna International Group
4
Susquehanna International Group
Pennsylvania
$3.74M +$101K +1,775 +3%
JMPWA
5
JP Morgan Private Wealth Advisors
California
$1.79M
Citadel Advisors
6
Citadel Advisors
Florida
$1.42M +$1.46M +25,647 New
VFS
7
VSR Financial Services
Kansas
$1.16M +$63.7K +1,119 +6%
HCM
8
Hollencrest Capital Management
California
$541K
Bank of America
9
Bank of America
North Carolina
$410K -$378K -6,632 -47%
OMC
10
Old Mission Capital
Illinois
$390K +$403K +7,076 New
LTFS
11
Ladenburg Thalmann Financial Services
Florida
$229K +$66.2K +1,162 +39%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$164K +$22.4K +394 +15%
AIG
13
American International Group
New York
$160K +$27.4K +481 +20%
UBS Group
14
UBS Group
Switzerland
$141K +$111K +1,951 +320%
TRCT
15
Tower Research Capital (TRC)
New York
$22K +$9.63K +169 +73%
MFS
16
MSI Financial Services
Massachusetts
$6K +$5.7K +100 New
Stifel Financial
17
Stifel Financial
Missouri
-$704K -12,900 Closed
Jane Street
18
Jane Street
New York
-$600K -10,999 Closed
Bank of Montreal
19
Bank of Montreal
Ontario, Canada
-$442K -8,100 Closed
FNBT
20
FineMark National Bank & Trust
Florida
-$126K -2,300 Closed
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
-$10.4K -182 -98%

TLTD Hedge Fund Activity: Q4 2015 in Review

18 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) for Q4 2015, worth a combined $505M — down 0.77% from $509M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of TLTD and 3 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 8 added.

The largest buyer was Commonwealth Equity Services, adding an estimated $3.51M. The largest seller was Northern Trust, cutting an estimated $13.1M.

  • 18 institutional investors held FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) as of Q4 2015, down from 19 in Q3 2015.
  • Funds reported $505M of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund stock for Q4 2015, down 0.77% quarter-over-quarter.
  • 3 funds opened new FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund positions in Q4 2015 and 4 closed out, a net change of -1 holder.
  • The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund buyer in Q4 2015 was Commonwealth Equity Services, an estimated $3.51M added.
  • The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund seller in Q4 2015 was Northern Trust, an estimated $13.1M sold.

Based on aggregated 13F filings for Q4 2015.