FlexShares Morningstar Emerging Markets Factor Tilt Index Fund
TLTE
33 hedge funds and large institutions have $211M invested in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 16 closing their positions.
3.65% less ownership
Funds ownership: 88.73% → 85.08% (-3.7%)
25% less funds holding
Funds holding: 44 → 33 (-11)
41% less capital invested
Capital invested by funds: $358M → $211M (-$147M)
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.57M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$6.03M |
| 3 |
ADL
Asset Dedication LLC
San Francisco,
California
|
+$2.02M |
| 4 |
WA
Wealth Architects
Mountain View,
California
|
+$675K |
| 5 |
M&T Bank
Buffalo,
New York
|
+$438K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$48.6M |
| 2 |
3AM
3D Asset Management
Hartford,
Connecticut
|
-$18.7M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.67M |
| 4 |
NB
NBT Bank
Norwich,
New York
|
-$950K |
| 5 |
Jane Street
New York
|
-$832K |
TLTE Hedge Fund Activity: Q1 2020 in Review
33 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE) for Q1 2020, worth a combined $211M — down 41% from $358M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TLTE and 7 opened new positions — a net loss of 9 holders — while 14 trimmed existing stakes and 8 added.
The largest buyer was Royal Bank of Canada, adding an estimated $8.57M. The largest seller was Northern Trust, cutting an estimated $48.6M.
- 33 institutional investors held FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE) as of Q1 2020, down from 44 in Q4 2019.
- Funds reported $211M of FlexShares Morningstar Emerging Markets Factor Tilt Index Fund stock for Q1 2020, down 41% quarter-over-quarter.
- 7 funds opened new FlexShares Morningstar Emerging Markets Factor Tilt Index Fund positions in Q1 2020 and 16 closed out, a net change of -9 holders.
- The largest FlexShares Morningstar Emerging Markets Factor Tilt Index Fund buyer in Q1 2020 was Royal Bank of Canada, an estimated $8.57M added.
- The largest FlexShares Morningstar Emerging Markets Factor Tilt Index Fund seller in Q1 2020 was Northern Trust, an estimated $48.6M sold.
Based on aggregated 13F filings for Q1 2020.