FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
TLTD
60 hedge funds and large institutions have $558M invested in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in 2021 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
53% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 15
11% more funds holding
Funds holding: 54 → 60 (+6)
2% less ownership
Funds ownership: 90.19% → 88.19% (-2%)
8% less capital invested
Capital invested by funds: $609M → $558M (-$50.9M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFA
Capstone Financial Advisors
Downers Grove,
Illinois
|
+$3.54M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.38M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$694K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$468K |
| 5 |
CNBT
Cornerstone National Bank & Trust
Palatine,
Illinois
|
+$332K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$45.9M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$1.21M |
| 3 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$1.18M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$614K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$326K |
TLTD Hedge Fund Activity: Q4 2021 in Review
60 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) for Q4 2021, worth a combined $558M — down 8.4% from $609M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TLTD positions and 4 closed out — a net gain of 8 holders — while 23 added to existing stakes and 15 trimmed.
The largest buyer was Capstone Financial Advisors, adding an estimated $3.54M. The largest seller was Citadel Advisors, cutting an estimated $45.9M.
- 60 institutional investors held FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) as of Q4 2021, up from 54 in Q3 2021.
- Funds reported $558M of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund stock for Q4 2021, down 8.4% quarter-over-quarter.
- 12 funds opened new FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund positions in Q4 2021 and 4 closed out, a net change of +8 holders.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund buyer in Q4 2021 was Capstone Financial Advisors, an estimated $3.54M added.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund seller in Q4 2021 was Citadel Advisors, an estimated $45.9M sold.
Based on aggregated 13F filings for Q4 2021.