FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
TLTD
56 hedge funds and large institutions have $488M invested in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 14 increasing their positions, 27 reducing their positions, and 9 closing their positions.
3% less capital invested
Capital invested by funds: $501M → $488M (-$12.7M)
4.47% less ownership
Funds ownership: 96.53% → 92.05% (-4.5%)
11% less funds holding
Funds holding: 63 → 56 (-7)
48% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 27
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.45M |
| 2 |
HTIM
Harbour Trust & Investment Management
Michigan City,
Indiana
|
+$1.49M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$907K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$662K |
| 5 |
Comerica Bank
Dallas,
Texas
|
+$498K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAG
SageView Advisory Group
Newport Beach,
California
|
-$13M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$11.1M |
| 3 |
Jane Street
New York
|
-$9.97M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.58M |
| 5 |
Morgan Stanley
New York
|
-$1.59M |
TLTD Hedge Fund Activity: Q1 2024 in Review
56 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) for Q1 2024, worth a combined $488M — down 2.5% from $501M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TLTD and 2 opened new positions — a net loss of 7 holders — while 27 trimmed existing stakes and 14 added.
The largest buyer was Envestnet Asset Management, adding an estimated $3.45M. The largest seller was SageView Advisory Group, exiting entirely with an estimated $13M sold.
- 56 institutional investors held FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) as of Q1 2024, down from 63 in Q4 2023.
- Funds reported $488M of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund stock for Q1 2024, down 2.5% quarter-over-quarter.
- 2 funds opened new FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund positions in Q1 2024 and 9 closed out, a net change of -7 holders.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund buyer in Q1 2024 was Envestnet Asset Management, an estimated $3.45M added.
- The largest FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund seller in Q1 2024 was SageView Advisory Group, an estimated $13M sold.
Based on aggregated 13F filings for Q1 2024.