FlexShares Morningstar Emerging Markets Factor Tilt Index Fund
TLTE
17 hedge funds and large institutions have $259M invested in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 1 reducing their positions, and 4 closing their positions.
700% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 1
11% more capital invested
Capital invested by funds: $233M → $259M (+$26.5M)
3.55% more ownership
Funds ownership: 90.86% → 94.42% (+3.6%)
6% less funds holding
Funds holding: 18 → 17 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$13.7M |
| 2 |
EA
Efficient Advisors
Mason,
Ohio
|
+$2.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.37M |
| 4 |
Jane Street
New York
|
+$2.13M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$492K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$619K |
| 2 |
Morgan Stanley
New York
|
-$236K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$148K |
| 4 |
AIG
American International Group
New York
|
-$104K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$35K |
TLTE Hedge Fund Activity: Q2 2016 in Review
17 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE) for Q2 2016, worth a combined $259M — up 11% from $233M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TLTE and 3 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 8 added.
The largest buyer was Northern Trust, adding an estimated $13.7M. The largest seller was Brown Brothers Harriman & Co, exiting entirely with an estimated $619K sold.
- 17 institutional investors held FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE) as of Q2 2016, down from 18 in Q1 2016.
- Funds reported $259M of FlexShares Morningstar Emerging Markets Factor Tilt Index Fund stock for Q2 2016, up 11% quarter-over-quarter.
- 3 funds opened new FlexShares Morningstar Emerging Markets Factor Tilt Index Fund positions in Q2 2016 and 4 closed out, a net change of -1 holder.
- The largest FlexShares Morningstar Emerging Markets Factor Tilt Index Fund buyer in Q2 2016 was Northern Trust, an estimated $13.7M added.
- The largest FlexShares Morningstar Emerging Markets Factor Tilt Index Fund seller in Q2 2016 was Brown Brothers Harriman & Co, an estimated $619K sold.
Based on aggregated 13F filings for Q2 2016.