FlexShares Morningstar Emerging Markets Factor Tilt Index Fund
TLTE
8 hedge funds and large institutions have $179M invested in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
43% more capital invested
Capital invested by funds: $125M → $179M (+$54.2M)
14% more funds holding
Funds holding: 7 → 8 (+1)
3.49% more ownership
Funds ownership: 94.82% → 98.3% (+3.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$39.1M |
| 2 |
Jane Street
New York
|
+$7.82M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.44M |
| 4 |
Morgan Stanley
New York
|
+$2.77M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$686K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.9M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$24K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Northern Trust
Chicago,
Illinois
| $162M | +$39.1M | +749,097 | +32% |
|
|
2
Jane Street
New York
| $7.81M | +$7.82M | +149,886 | New |
|
|
3
Royal Bank of Canada
Toronto,
Ontario, Canada
| $4.71M | +$4.44M | +85,128 | +1,625% |
|
|
4
Morgan Stanley
New York
| $2.77M | +$2.77M | +53,169 | New |
|
|
5
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1.45M | -$3.9M | -74,769 | -73% |
|
|
VKH
6
Virtu KCG Holdings
New York
| $686K | +$686K | +13,155 | New |
|
|
AIG
7
American International Group
New York
| $34.6K | +$17.6K | +338 | +104% |
|
8
Bank of America
Charlotte,
North Carolina
| $31K | – | – | – |
|
|
U
9
UBS
Zurich,
Switzerland
| – | -$24K | -469 | Closed |
|
|
10
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$8K | -150 | Closed |
|
TLTE Hedge Fund Activity: Q4 2013 in Review
8 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE) for Q4 2013, worth a combined $179M — up 43% from $125M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new TLTE positions and 2 closed out — a net gain of 1 holder — while 3 added to existing stakes and 1 trimmed.
The largest buyer was Northern Trust, adding an estimated $39.1M. The largest seller was Deutsche Bank, cutting an estimated $3.9M.
- 8 institutional investors held FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE) as of Q4 2013, up from 7 in Q3 2013.
- Funds reported $179M of FlexShares Morningstar Emerging Markets Factor Tilt Index Fund stock for Q4 2013, up 43% quarter-over-quarter.
- 3 funds opened new FlexShares Morningstar Emerging Markets Factor Tilt Index Fund positions in Q4 2013 and 2 closed out, a net change of +1 holder.
- The largest FlexShares Morningstar Emerging Markets Factor Tilt Index Fund buyer in Q4 2013 was Northern Trust, an estimated $39.1M added.
- The largest FlexShares Morningstar Emerging Markets Factor Tilt Index Fund seller in Q4 2013 was Deutsche Bank, an estimated $3.9M sold.
Based on aggregated 13F filings for Q4 2013.