Vault-13

FLEXSHARES TR TILT

MORNSTAR USMKT · ETP · CUSIP 33939L100

93 institutional holders +5 vs Q1 2024
7,389,0657.4m shares reported held*
$1.5bnreported value*
8 new 16 added 30 reduced 4 sold out net sold ≈ $69.3m (-372.8k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $199.85. Options: 2 managers hold calls ($2.0k notional), 0 hold puts (—).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 68Q4 22: 69Q1 23: 77Q2 23: 77Q3 23: 82Q4 23: 91Q1 24: 88Q2 24: 9393Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202268
Q4 202269
Q1 202377
Q2 202377
Q3 202382
Q4 202391
Q1 202488
Q2 202493

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 15 bought or addedQ4 22: 32 cut or sold outQ4 22Q1 23: 25 bought or addedQ1 23: 32 cut or sold outQ2 23: 24 bought or addedQ2 23: 32 cut or sold outQ2 23Q3 23: 19 bought or addedQ3 23: 32 cut or sold outQ4 23: 26 bought or addedQ4 23: 35 cut or sold outQ4 23Q1 24: 21 bought or addedQ1 24: 37 cut or sold outQ2 24: 24 bought or addedQ2 24: 34 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221532
Q1 20232532
Q2 20232432
Q3 20231932
Q4 20232635
Q1 20242137
Q2 20242434

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50k$100k$150kQ3 23 calls: $101.0kQ3 23 puts: $0Q3 23P/C 0.00Q4 23 calls: $16.0kQ4 23 puts: $0Q4 23P/C 0.00Q1 24 calls: $16.0kQ1 24 puts: $0Q1 24P/C 0.00Q2 24 calls: $2.0kQ2 24 puts: $0Q2 24P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2023$101.0k$00.00
Q4 2023$16.0k$00.00
Q1 2024$16.0k$00.00
Q2 2024$2.0k$00.00

Biggest buyers

NORTHERN TRUST CORP Added +131,307+131.3k
ENVESTNET ASSET MANAGEMENT INC Added +13,415+13.4k
ZACKS INVESTMENT MANAGEMENT New +5,250+5.2k
BESSEMER GROUP INC New +3,605+3.6k
MML INVESTORS SERVICES, LLC Added +2,480+2.5k
Discipline Wealth Solutions, LLC New +2,382+2.4k
BANK OF AMERICA CORP /DE/ Added +2,295+2.3k
M&T Bank Corp New +1,656+1.7k
AXXCESS WEALTH MANAGEMENT, LLC New +1,311+1.3k
Cetera Investment Advisers Added +1,162+1.2k

Biggest sellers

MORGAN STANLEY Reduced -262,985-263.0k
CAPTRUST FINANCIAL ADVISORS Reduced -182,248-182.2k
SageView Advisory Group, LLC Reduced -26,024-26.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -17,909-17.9k
ROYAL BANK OF CANADA Reduced -15,532-15.5k
Efficient Advisors, LLC Reduced -8,270-8.3k
RVW Wealth, LLC Reduced -4,373-4.4k
CITADEL ADVISORS LLC Reduced -3,880-3.9k
JPMORGAN CHASE & CO Reduced -3,600-3.6k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -2,977-3.0k

Biggest calls

SIMPLEX TRADING, LLC Reduced $2.0k100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

None

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.20% of their portfolio CHICAGO, IL 6,029,9076.0m $1.2bn $1.2bn 0.20% Added +131.3k +131,307
2 Capstone Financial Advisors, Inc. 2.16% of their portfolio DOWNERS GROVE, IL 163,617163.6k $32.7m $32.7m 2.16% Reduced -2.4k -2,440
3 SageView Advisory Group, LLC 1.48% of their portfolio Newport Beach, CA 159,455159.5k $31.9m $31.9m 1.48% Reduced -26.0k -26,024
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 140,416140.4k $28.1m $28.1m 0.00% Reduced -263.0k -262,985
5 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 125,337125.3k $25.0m $25.0m 0.04% Reduced -3.0k -2,977
6 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 117,130117.1k $23.4m $23.4m 0.01% Added +13.4k +13,415
7 Efficient Advisors, LLC 1.41% of their portfolio BEAVERTON, OR 108,746108.7k $21.7m $21.7m 1.41% Reduced -8.3k -8,270
8 RVW Wealth, LLC 1.63% of their portfolio LOS ANGELES, CA 81,72281.7k $16.3m $16.3m 1.63% Reduced -4.4k -4,373
9 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 30,57330.6k $6.1m $6.1m 0.00% Reduced -1.8k -1,759
10 SENTINEL TRUST CO LBA 0.74% of their portfolio HOUSTON, TX 30,16030.2k $6.0m $6.0m 0.74% Unchanged
11 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 25,71625.7k $5.1m $5.1m 0.02% Added +2.5k +2,480
12 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 25,53825.5k $5.1m $5.1m 0.00% Reduced -15.5k -15,532
13 Strategic Blueprint, LLC 0.29% of their portfolio ATLANTA, GA 21,58721.6k $4.3m $4.3m 0.29% Added +197 +197
14 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 20,44520.4k $4.1m $4.1m 0.02% Unchanged
15 Wealthstream Advisors, Inc. 1.40% of their portfolio NEW YORK, NY 19,18319.2k $3.8m $3.8m 1.40% Reduced -644 -644
16 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 19,01619.0k $3.8m $3.8m 0.01% Unchanged
17 Ballentine Capital Advisors, Inc 1.54% of their portfolio GREENVILLE, SC 14,47014.5k $2.9m $2.9m 1.54% Reduced -185 -185
18 UBS Group AG 0.00% of their portfolio ZURICH, V8 14,13914.1k $2.8m $2.8m 0.00% Reduced -2 -2
19 Goldstein Advisors, LLC 0.46% of their portfolio Madison, WI 13,88913.9k $2.8m $2.8m 0.46% Reduced -79 -79
20 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 12,45012.4k $2.5m $2.5m 0.00% Reduced -160 -160
21 AMG National Trust Bank 0.06% of their portfolio GREENWOOD VILLAGE, CO 10,69910.7k $2.1m $2.1m 0.06% Unchanged
22 BRIDGES INVESTMENT MANAGEMENT INC 0.03% of their portfolio OMAHA, NE 10,51510.5k $2.1m $2.1m 0.03% Added +29 +29
23 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 8,4888.5k $1.7m $1.7m 0.00% Unchanged
24 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 8,3548.4k $1.7m $1.7m 0.00% Reduced -17.9k -17,909
25 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 7,5057.5k $1.5m $1.5m 0.01% Added +529 +529
26 COMERICA BANK 0.01% of their portfolio DALLAS, TX 7,0807.1k $1.4m $1.4m 0.01% Unchanged
27 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 6,9336.9k $1.4m $1.4m 0.00% Added +1.0k +1,044
28 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 6,8006.8k $1.4m $1.4m 0.00% Added +1 +1
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 6,6606.7k $1.3m $1.3m 0.00% Added +2.3k +2,295
30 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 6,6376.6k $1.3m $1.3m 0.00% Added +691 +691
31 Private Ocean, LLC 0.12% of their portfolio SAN RAFAEL, CA 6,5926.6k $1.3m $1.3m 0.12% Unchanged
32 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 6,5116.5k $1.3m $1.3m 0.00% Unchanged
33 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 6,0846.1k $1.2m $1.2m 0.00% Added +1.2k +1,162
34 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 5,7745.8k $1.2m $1.2m 0.00% Unchanged
35 Greenfield Savings Bank 0.57% of their portfolio GREENFIELD, MA 5,5005.5k $1.1m $1.1m 0.57% Unchanged
36 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 5,4315.4k $1.1m $1.1m 0.01% Reduced -626 -626
37 ZACKS INVESTMENT MANAGEMENT 0.01% of their portfolio Chicago, IL 5,2505.2k $1.0m $1.0m 0.01% New
38 Texas Capital Bank Wealth Management Services Inc 0.11% of their portfolio Dallas, TX 5,1155.1k $1.0m $1.0m 0.11% Unchanged
39 VestGen Investment Management 0.28% of their portfolio EGG HARBOR TOWNSHIP, NJ 4,6804.7k $935.3k $935.3k 0.28% Added +481 +481
40 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 4,2634.3k $852.0k $852.0k 0.00% Reduced -182.2k -182,248
41 TIAA TRUST, NATIONAL ASSOCIATION 0.00% of their portfolio CHARLOTTE, NC 4,2434.2k $848.0k $848.0k 0.00% Unchanged
42 PARK NATIONAL CORP /OH/ 0.03% of their portfolio NEWARK, OH 4,2324.2k $845.8k $845.8k 0.03% Reduced -11 -11
43 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 3,6053.6k $720.0k $720.0k 0.00% New
44 Plante Moran Financial Advisors, LLC 0.07% of their portfolio SOUTHFIELD, MI 3,5383.5k $707.1k $707.1k 0.07% Unchanged
45 KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio BROOKLYN, OH 3,2883.3k $657.1k $657.1k 0.00% Unchanged
46 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 3,2303.2k $647.1k $647.1k 0.00% Added +987 +987
47 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 3,0543.1k $623.9k $623.9k 0.00% Unchanged
48 HTLF Bank 0.07% of their portfolio Denver, CO 3,0313.0k $605.7k $605.7k 0.07% Unchanged
49 Kings Path Partners LLC 0.28% of their portfolio SUGAR LAND, TX 2,9553.0k $590.6k $590.6k 0.28% First filing
50 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 2,8252.8k $564.6k $564.6k 0.00% Reduced -140 -140
51 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 2,7002.7k $539.6k $539.6k 0.00% Reduced -3.9k -3,880
52 Sageworth Trust Co 0.03% of their portfolio LANCASTER, PA 2,5122.5k $502.0k $502.0k 0.03% Unchanged
53 Discipline Wealth Solutions, LLC 0.38% of their portfolio GREENVILLE, SC 2,3822.4k $476.0k $476.0k 0.38% New
54 Freedom Investment Management, Inc. 0.04% of their portfolio SOUTH WINDSOR, CT 2,2472.2k $449.1k $449.1k 0.04% Added +176 +176
55 Choate Investment Advisors 0.01% of their portfolio BOSTON, MA 2,1142.1k $422.5k $422.5k 0.01% Unchanged
56 Orca Investment Management, LLC 0.37% of their portfolio LAKE OSWEGO, OR 1,9151.9k $382.6k $382.6k 0.37% Unchanged
57 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 1,8531.9k $370.3k $370.3k 0.00% Unchanged
58 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 1,8001.8k $364.0k $364.0k 0.00% Unchanged
59 Wealth Architects, LLC 0.04% of their portfolio MOUNTAIN VIEW, CA 1,6921.7k $338.2k $338.2k 0.04% Reduced -50 -50
60 U.S. Capital Wealth Advisors, LLC 0.01% of their portfolio AUSTIN, TX 1,6671.7k $333.1k $333.1k 0.01% Reduced -50 -50
61 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 1,6561.7k $331.0k $331.0k 0.00% New
62 Empire Financial Management Company, LLC 0.11% of their portfolio NEW YORK, NY 1,6541.7k $330.6k $330.6k 0.11% Unchanged
63 Savant Capital, LLC 0.00% of their portfolio ROCKFORD, IL 1,5951.6k $318.8k $318.8k 0.00% Unchanged
64 BOKF, NA 0.01% of their portfolio TULSA, OK 1,5001.5k $299.8k $299.8k 0.01% Unchanged
65 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 1,4801.5k $295.8k $295.8k 0.00% Unchanged
66 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 1,4591.5k $291.6k $291.6k 0.00% Unchanged
67 Colonial River Investments, LLC 0.14% of their portfolio MIDLOTHIAN, VA 1,3111.3k $262.0k $262.0k 0.14% Reduced -396 -396
68 AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio CARLSBAD, CA 1,3111.3k $262.0k $262.0k 0.01% New
69 L & S Advisors Inc 0.03% of their portfolio Los Angeles, CA 1,2881.3k $257.4k $257.4k 0.03% Unchanged
70 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,2081.2k $241.4k $241.4k 0.00% Reduced -3.6k -3,600
71 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.02% of their portfolio Westlake, OH 1,1161.1k $223.0k $223.0k 0.02% Reduced -413 -413
72 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,0961.1k $219.0k $219.0k 0.00% Reduced -60 -60
73 FLOW TRADERS U.S. LLC 0.01% of their portfolio NEW YORK, NY 1,0651.1k $213.0k $213.0k 0.01% Reduced -1.8k -1,815
74 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,0371.0k $207.2k $207.2k 0.00% Reduced -1.1k -1,100
75 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 949949 $189.7k $189.7k 0.00% Reduced -7 -7
76 Trifecta Capital Advisors, LLC 0.04% of their portfolio NORTHBROOK, IL 823823 $164.5k $164.5k 0.04% New
77 Garde Capital, Inc. 0.01% of their portfolio SEATTLE, WA 739739 $148.0k $148.0k 0.01% Unchanged
78 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 732732 $146.3k $146.3k 0.00% Unchanged
79 CNB Bank 0.06% of their portfolio CLEARFIELD, PA 644644 $128.7k $128.7k 0.06% Unchanged
80 Versant Capital Management, Inc 0.03% of their portfolio PHOENIX, AZ 600600 $119.9k $119.9k 0.03% Unchanged
81 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 505505 $100.9k $100.9k 0.00% Unchanged
82 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 466466 $93.1k $93.1k 0.01% Added +15 +15
83 PSI Advisors, LLC 0.02% of their portfolio TAMPA, FL 337337 $67.2k $67.2k 0.02% Added +2 +2
84 FMR LLC 0.00% of their portfolio BOSTON, MA 320320 $63.9k $63.9k 0.00% Unchanged
85 WEST PACES ADVISORS INC. 0.01% of their portfolio ATLANTA, GA 243243 $48.6k $48.6k 0.01% Reduced -243 -243
86 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 223223 $44.6k $44.6k 0.00% Reduced -1.5k -1,540
87 CWM, LLC 0.00% of their portfolio OMAHA, NE 200200 $40.0k $40.0k 0.00% Unchanged
88 NorthRock Partners, LLC 0.00% of their portfolio MINNEAPOLIS, MN 100100 $20.0k $20.0k 0.00% Unchanged
89 Avior Wealth Management, LLC 0.00% of their portfolio OMAHA, NE 6161 $12.2k $12.2k 0.00% Unchanged
90 GPS Wealth Strategies Group, LLC 0.00% of their portfolio CENTENNIAL, CO 4141 $8.2k $8.2k 0.00% New
91 Cornerstone Planning Group LLC 0.00% of their portfolio FAIRFIELD, NJ 3030 $5.8k $5.8k 0.00% New
92 Cherry Tree Wealth Management, LLC 0.00% of their portfolio MINNETONKA, MN 2626 $5.2k $5.2k 0.00% Unchanged
93 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged