Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF
TLTD
82 hedge funds and large institutions have $552M invested in Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF in 2025 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 22 increasing their positions, 25 reducing their positions, and 0 closing their positions.
19% more funds holding
Funds holding: 69 → 82 (+13)
10% more capital inflows, than outflows
Capital inflows: $14.1M | Capital outflows: $12.8M
0.17% more ownership
Funds ownership: 92.81% → 92.97% (+0.17%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$4.88M |
| 2 |
AT
Arlington Trust
Birmingham,
Alabama
|
+$1.55M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.3M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$909K |
| 5 |
Corient Private Wealth
Miami,
Florida
|
+$737K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Flow Traders U.S.
New York
|
-$6.24M |
| 2 |
JP Morgan Chase
New York
|
-$1.59M |
| 3 |
Sagespring Wealth Partners
Franklin,
Tennessee
|
-$1.55M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$953K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$849K |
TLTD Hedge Fund Activity: Q4 2025 in Review
82 of the 8,287 institutional investors tracked by Wall St. Rank reported a position in Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF (TLTD) for Q4 2025, worth a combined $552M — up 4.7% from $527M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TLTD positions and 0 closed out — a net gain of 14 holders — while 22 added to existing stakes and 25 trimmed.
The largest buyer was LPL Financial, adding an estimated $4.88M. The largest seller was Flow Traders U.S., cutting an estimated $6.24M.
- 82 institutional investors held Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF (TLTD) as of Q4 2025, up from 69 in Q3 2025.
- Funds reported $552M of Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF stock for Q4 2025, up 4.7% quarter-over-quarter.
- 14 funds opened new Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF positions in Q4 2025 and 0 closed out, a net change of +14 holders.
- The largest Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF buyer in Q4 2025 was LPL Financial, an estimated $4.88M added.
- The largest Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF seller in Q4 2025 was Flow Traders U.S., an estimated $6.24M sold.
Based on aggregated 13F filings for Q4 2025.