FlexShares Morningstar Emerging Markets Factor Tilt Index Fund
TLTE
11 hedge funds and large institutions have $196M invested in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 7 closing their positions.
8.93% less ownership
Funds ownership: 97.8% → 88.86% (-8.9%)
16% less capital invested
Capital invested by funds: $232M → $196M (-$36.4M)
31% less funds holding
Funds holding: 16 → 11 (-5)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$445K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$144K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$56.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$31.4M |
| 2 |
Jane Street
New York
|
-$4.08M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$3.67M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.55M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.28M |
TLTE Hedge Fund Activity: Q1 2015 in Review
11 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE) for Q1 2015, worth a combined $196M — down 16% from $232M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TLTE and 2 opened new positions — a net loss of 5 holders — while 6 trimmed existing stakes and 1 added.
The largest buyer was AssetMark Inc, opening a new position worth an estimated $445K. The largest seller was Deutsche Bank, exiting entirely with an estimated $31.4M sold.
- 11 institutional investors held FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE) as of Q1 2015, down from 16 in Q4 2014.
- Funds reported $196M of FlexShares Morningstar Emerging Markets Factor Tilt Index Fund stock for Q1 2015, down 16% quarter-over-quarter.
- 2 funds opened new FlexShares Morningstar Emerging Markets Factor Tilt Index Fund positions in Q1 2015 and 7 closed out, a net change of -5 holders.
- The largest FlexShares Morningstar Emerging Markets Factor Tilt Index Fund buyer in Q1 2015 was AssetMark Inc, an estimated $445K added.
- The largest FlexShares Morningstar Emerging Markets Factor Tilt Index Fund seller in Q1 2015 was Deutsche Bank, an estimated $31.4M sold.
Based on aggregated 13F filings for Q1 2015.