Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF
TLTD
40 hedge funds and large institutions have $825M invested in Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 10 reducing their positions, and 9 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 10
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.32% less ownership
Funds ownership: 93.19% → 92.87% (-0.32%)
7% less funds holding
Funds holding: 43 → 40 (-3)
15% less capital invested
Capital invested by funds: $972M → $825M (-$147M)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$12.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$11.2M |
| 3 |
CFA
Capstone Financial Advisors
Downers Grove,
Illinois
|
+$10.2M |
| 4 |
BIM
Bridges Investment Management
Omaha,
Nebraska
|
+$2.95M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$43.4M |
| 2 |
LNB
Ledyard National Bank
|
-$1.87M |
| 3 |
EA
Efficient Advisors
Mason,
Ohio
|
-$1.81M |
| 4 |
CCM
Chilton Capital Management
Houston,
Texas
|
-$1.07M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$838K |
TLTD Hedge Fund Activity: Q4 2018 in Review
40 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF (TLTD) for Q4 2018, worth a combined $825M — down 15% from $972M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TLTD and 6 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 18 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $12.2M. The largest seller was Northern Trust, cutting an estimated $43.4M.
- 40 institutional investors held Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF (TLTD) as of Q4 2018, down from 43 in Q3 2018.
- Funds reported $825M of Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF stock for Q4 2018, down 15% quarter-over-quarter.
- 6 funds opened new Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF positions in Q4 2018 and 9 closed out, a net change of -3 holders.
- The largest Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF buyer in Q4 2018 was Citadel Advisors, an estimated $12.2M added.
- The largest Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF seller in Q4 2018 was Northern Trust, an estimated $43.4M sold.
Based on aggregated 13F filings for Q4 2018.