FlexShares Morningstar Emerging Markets Factor Tilt Index Fund
TLTE
38 hedge funds and large institutions have $417M invested in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 7 closing their positions.
1.6% more ownership
Funds ownership: 88% → 89.6% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 39 → 38 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
16% less capital invested
Capital invested by funds: $497M → $417M (-$80.1M)
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$5.9M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.86M |
| 3 |
BIM
Bridges Investment Management
Omaha,
Nebraska
|
+$1.56M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.24M |
| 5 |
3AM
3D Asset Management
Hartford,
Connecticut
|
+$842K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$44.9M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$5.59M |
| 3 |
CAI
Capital Advisors Inc
Tulsa,
Oklahoma
|
-$3.23M |
| 4 |
CB
CNB Bank
Clearfield,
Pennsylvania
|
-$959K |
| 5 |
LNB
Ledyard National Bank
|
-$706K |
TLTE Hedge Fund Activity: Q4 2018 in Review
38 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE) for Q4 2018, worth a combined $417M — down 16% from $497M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TLTE and 6 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 12 added.
The largest buyer was Citadel Advisors, adding an estimated $5.9M. The largest seller was Northern Trust, cutting an estimated $44.9M.
- 38 institutional investors held FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE) as of Q4 2018, down from 39 in Q3 2018.
- Funds reported $417M of FlexShares Morningstar Emerging Markets Factor Tilt Index Fund stock for Q4 2018, down 16% quarter-over-quarter.
- 6 funds opened new FlexShares Morningstar Emerging Markets Factor Tilt Index Fund positions in Q4 2018 and 7 closed out, a net change of -1 holder.
- The largest FlexShares Morningstar Emerging Markets Factor Tilt Index Fund buyer in Q4 2018 was Citadel Advisors, an estimated $5.9M added.
- The largest FlexShares Morningstar Emerging Markets Factor Tilt Index Fund seller in Q4 2018 was Northern Trust, an estimated $44.9M sold.
Based on aggregated 13F filings for Q4 2018.