FlexShares Morningstar Emerging Markets Factor Tilt Index Fund
TLTE
7 hedge funds and large institutions have $125M invested in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
40% more funds holding
Funds holding: 5 → 7 (+2)
15% more capital invested
Capital invested by funds: $108M → $125M (+$16.7M)
4.52% more ownership
Funds ownership: 90.3% → 94.82% (+4.5%)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$22M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$258K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$29.6K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$23.1K |
| 5 |
AIG
American International Group
New York
|
+$16.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$9.57M |
| 2 |
Jane Street
New York
|
-$1.3M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$470K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Northern Trust
Chicago,
Illinois
| $120M | +$22M | +445,967 | +23% |
|
|
2
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $5.2M | -$9.57M | -193,940 | -65% |
|
|
3
Royal Bank of Canada
Toronto,
Ontario, Canada
| $266K | +$258K | +5,239 | New |
|
|
4
Bank of America
Charlotte,
North Carolina
| $30K | +$29.6K | +600 | New |
|
|
U
5
UBS
Zurich,
Switzerland
| $24K | +$23.1K | +469 | New |
|
|
AIG
6
American International Group
New York
| $16.5K | +$16.1K | +326 | New |
|
7
Bank of Montreal
Toronto,
Ontario, Canada
| $8K | +$7.4K | +150 | New |
|
|
8
Jane Street
New York
| – | -$1.3M | -27,176 | Closed |
|
|
9
Nomura Holdings
Tokyo,
Japan
| – | -$470K | -9,800 | Closed |
|
TLTE Hedge Fund Activity: Q3 2013 in Review
7 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE) for Q3 2013, worth a combined $125M — up 15% from $108M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new TLTE positions and 2 closed out — a net gain of 3 holders — while 1 added to existing stakes and 1 trimmed.
The largest buyer was Northern Trust, adding an estimated $22M. The largest seller was Deutsche Bank, cutting an estimated $9.57M.
- 7 institutional investors held FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE) as of Q3 2013, up from 5 in Q2 2013.
- Funds reported $125M of FlexShares Morningstar Emerging Markets Factor Tilt Index Fund stock for Q3 2013, up 15% quarter-over-quarter.
- 5 funds opened new FlexShares Morningstar Emerging Markets Factor Tilt Index Fund positions in Q3 2013 and 2 closed out, a net change of +3 holders.
- The largest FlexShares Morningstar Emerging Markets Factor Tilt Index Fund buyer in Q3 2013 was Northern Trust, an estimated $22M added.
- The largest FlexShares Morningstar Emerging Markets Factor Tilt Index Fund seller in Q3 2013 was Deutsche Bank, an estimated $9.57M sold.
Based on aggregated 13F filings for Q3 2013.