FlexShares Morningstar Emerging Markets Factor Tilt Index Fund
TLTE
41 hedge funds and large institutions have $355M invested in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 18 reducing their positions, and 6 closing their positions.
2% less funds holding
Funds holding: 42 → 41 (-1)
5.7% less ownership
Funds ownership: 91.28% → 85.58% (-5.7%)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
27% less capital invested
Capital invested by funds: $487M → $355M (-$133M)
61% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
3AM
3D Asset Management
Hartford,
Connecticut
|
+$967K |
| 2 |
NB
NBT Bank
Norwich,
New York
|
+$848K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$826K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$228K |
| 5 |
LPL Financial
San Diego,
California
|
+$186K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$96.8M |
| 2 |
CB
CNB Bank
Clearfield,
Pennsylvania
|
-$2.03M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$903K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$893K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$590K |
TLTE Hedge Fund Activity: Q3 2019 in Review
41 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE) for Q3 2019, worth a combined $355M — down 27% from $487M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of TLTE and 5 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 7 added.
The largest buyer was 3D Asset Management, adding an estimated $967K. The largest seller was Northern Trust, cutting an estimated $96.8M.
- 41 institutional investors held FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE) as of Q3 2019, down from 42 in Q2 2019.
- Funds reported $355M of FlexShares Morningstar Emerging Markets Factor Tilt Index Fund stock for Q3 2019, down 27% quarter-over-quarter.
- 5 funds opened new FlexShares Morningstar Emerging Markets Factor Tilt Index Fund positions in Q3 2019 and 6 closed out, a net change of -1 holder.
- The largest FlexShares Morningstar Emerging Markets Factor Tilt Index Fund buyer in Q3 2019 was 3D Asset Management, an estimated $967K added.
- The largest FlexShares Morningstar Emerging Markets Factor Tilt Index Fund seller in Q3 2019 was Northern Trust, an estimated $96.8M sold.
Based on aggregated 13F filings for Q3 2019.