Vault-13

FLEXSHARES TR GUNR

MORNSTAR UPSTR · ETP · CUSIP 33939L407

290 institutional holders -4 vs Q1 2023
163,095,329163.1m shares reported held*
$6.5bnreported value*
25 new 105 added 107 reduced 33 sold out net bought ≈ $135.2m (+3.4m 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 ($400.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $40.07. Options: 1 managers hold calls ($0 notional), 0 hold puts (—).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 274Q4 22: 278Q1 23: 294Q2 23: 290290Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022274
Q4 2022278
Q1 2023294
Q2 2023290

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 128 bought or addedQ4 22: 131 cut or sold outQ4 22Q1 23: 165 bought or addedQ1 23: 99 cut or sold outQ1 23Q2 23: 130 bought or addedQ2 23: 140 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022128131
Q1 202316599
Q2 2023130140

Biggest buyers

NORTHERN TRUST CORP Added +6,969,488+7.0m
BlueCrest Capital Management Ltd New +411,161+411.2k
STEPH & CO New +355,632+355.6k
Valmark Advisers, Inc. Added +206,587+206.6k
ENVESTNET ASSET MANAGEMENT INC Added +133,601+133.6k
1832 Asset Management L.P. Added +117,763+117.8k
CENTRAL TRUST Co Added +96,738+96.7k
Landmark Financial Advisors, LLC Added +72,939+72.9k
Cullen/Frost Bankers, Inc. Added +65,182+65.2k
NBT BANK, N.A. Added +55,234+55.2k

Biggest sellers

JANE STREET GROUP, LLC Reduced -2,222,388-2.2m
ALLIANCEBERNSTEIN L.P. Sold out -713,849-713.8k
Capital Analysts, LLC Reduced -581,917-581.9k
Advance Capital Management, Inc. Reduced -441,943-441.9k
MORGAN STANLEY Reduced -253,371-253.4k
WCG Wealth Advisors LLC Sold out -249,207-249.2k
Glassy Mountain Advisors, Inc. Sold out -230,000-230.0k
CONNABLE OFFICE INC Reduced -142,608-142.6k
UBS Group AG Reduced -140,260-140.3k
Alaska Wealth Advisors, LLC Reduced -83,062-83.1k

Biggest calls

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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.95% of their portfolio CHICAGO, IL 123,716,679123.7m $5.0bn $5.0bn 0.95% Added +7.0m +6,969,488
2 Valmark Advisers, Inc. 2.31% of their portfolio AKRON, OH 2,832,6262.8m $113.5m $113.5m 2.31% Added +206.6k +206,587
3 BESSEMER GROUP INC 0.22% of their portfolio WOODBRIDGE, NJ 2,564,2402.6m $102.7m $102.7m 0.22% Reduced -230 -230
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,461,1152.5m $98.6m $98.6m 0.01% Reduced -253.4k -253,371
5 EVOKE WEALTH, LLC 3.42% of their portfolio Los Angeles, CA 2,460,3382.5m $98.6m $98.6m 3.42% Added +11.0k +11,007
6 Cullen/Frost Bankers, Inc. 1.36% of their portfolio San Antonio, TX 1,991,4262.0m $79.8m $79.8m 1.36% Added +65.2k +65,182
7 1832 Asset Management L.P. 0.14% of their portfolio TORONTO, A6 1,783,2101.8m $71.5m $71.5m 0.14% Added +117.8k +117,763
8 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,211,3741.2m $48.5m $48.5m 0.02% Added +133.6k +133,601
9 NBT BANK, N.A. 6.45% of their portfolio NORWICH, NY 1,126,9751.1m $45.2m $45.2m 6.45% Added +55.2k +55,234
10 EQUITABLE TRUST CO 3.34% of their portfolio NASHVILLE, TN 1,091,1081.1m $43.7m $43.7m 3.34% Reduced -51.4k -51,409
11 Hills Bank & Trust Co 4.99% of their portfolio North Liberty, IA 967,816967.8k $38.8m $38.8m 4.99% Added +15.2k +15,235
12 UBS Group AG 0.02% of their portfolio ZURICH, V8 967,668967.7k $38.8m $38.8m 0.02% Reduced -140.3k -140,260
13 MOLLER WEALTH PARTNERS 9.97% of their portfolio NORTHFIELD, IL 814,253814.3k $32.6m $32.6m 9.97% Added +31.2k +31,214
14 CONNABLE OFFICE INC 3.92% of their portfolio KALAMAZOO, MI 714,035714.0k $28.6m $28.6m 3.92% Reduced -142.6k -142,608
15 SVB WEALTH LLC 0.45% of their portfolio BOSTON, MA 623,274623.3k $25.0m $25.0m 0.45% Reduced -75.8k -75,835
16 Capital Analysts, LLC 1.30% of their portfolio FORT WASHINGTON, PA 584,001584.0k $23.4m $23.4m 1.30% Reduced -581.9k -581,917
17 Landmark Financial Advisors, LLC 8.50% of their portfolio Bowling Green, KY 516,896516.9k $20.7m $20.7m 8.50% Added +72.9k +72,939
18 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 515,410515.4k $20.7m $20.7m 0.04% Added +2.4k +2,409
19 CITIZENS & NORTHERN CORP 7.76% of their portfolio WELLSBORO, PA 512,736512.7k $20.5m $20.5m 7.76% Added +16.0k +15,955
20 VPR Management LLC 5.03% of their portfolio HOUSTON, TX 493,703493.7k $19.8m $19.8m 5.03% Added +11.2k +11,203
21 Beacon Pointe Advisors, LLC 0.31% of their portfolio NEWPORT BEACH, CA 465,178465.2k $18.6m $18.6m 0.31% Added +51.5k +51,489
22 Versant Capital Management, Inc 5.54% of their portfolio PHOENIX, AZ 432,368432.4k $17.3m $17.3m 5.54% Added +35.1k +35,060
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 426,733426.7k $17.1m $17.1m 0.00% Added +5.9k +5,920
24 Aaron Wealth Advisors LLC 2.18% of their portfolio Chicago, IL 419,359419.4k $16.8m $16.8m 2.18% Added +9.3k +9,339
25 BlueCrest Capital Management Ltd 2.15% of their portfolio ST HELIER, Y9 411,161411.2k $16.5m $16.5m 2.15% New
26 Pure Financial Advisors, LLC 0.69% of their portfolio SAN DIEGO, CA 408,318408.3k $16.4m $16.4m 0.69% Added +7.4k +7,431
27 Pasadena Private Wealth, LLC 4.36% of their portfolio PASADENA, CA 385,793385.8k $15.5m $15.5m 4.36% Added +34.5k +34,535
28 Enterprise Bank & Trust Co 5.65% of their portfolio LOWELL, MA 368,647368.6k $14.8m $14.8m 5.65% Added +47.9k +47,867
29 CENTRAL TRUST Co 0.41% of their portfolio JEFFERSON CITY, MO 364,815364.8k $14.6m $14.6m 0.41% Added +96.7k +96,738
30 STEPH & CO 7.78% of their portfolio MARINETTE, WI 355,632355.6k $14.3m $14.3m 7.78% New
31 Cornerstone National Bank & Trust Co 7.91% of their portfolio PALATINE, IL 341,260341.3k $13.7m $13.7m 7.91% Added +24.8k +24,784
32 Colony Family Offices, LLC 5.47% of their portfolio CHARLOTTE, NC 323,518323.5k $13.0m $13.0m 5.47% Added +13.8k +13,751
33 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 321,795321.8k $12.9m $12.9m 0.00% Added +5.5k +5,510
34 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 318,988319.0k $12.8m $12.8m 0.01% Reduced -9.1k -9,111
35 Navalign, LLC 4.81% of their portfolio ENCINO, CA 300,962301.0k $12.1m $12.1m 4.81% Added +7.0k +7,014
36 CAPITAL WEALTH MANAGEMENT, LLC 6.42% of their portfolio W. WARWICK, RI 294,534294.5k $11.8m $11.8m 6.42% Added +4.4k +4,370
37 Centerpoint Advisors, LLC 4.57% of their portfolio NEEDHAM, MA 280,857280.9k $11.3m $11.3m 4.57% Reduced -16.0k -15,975
38 Farmers National Bank 3.72% of their portfolio DANVILLE, KY 271,973272.0k $10.9m $10.9m 3.72% Added +13.0k +12,996
39 GREENLEAF TRUST 0.11% of their portfolio KALAMAZOO, MI 256,209256.2k $10.3m $10.3m 0.11% Reduced -6.8k -6,757
40 United Bank 5.76% of their portfolio Zebulon, GA 252,332252.3k $10.1m $10.1m 5.76% Added +39.3k +39,314
41 VeraBank, N.A. 3.75% of their portfolio HENDERSON, TX 243,011243.0k $9.7m $9.7m 3.75% Added +8.7k +8,663
42 Latigo Investments, LLC 5.65% of their portfolio FORT LAUDERDALE, FL 230,000230.0k $9.2m $9.2m 5.65% Unchanged
43 LaSalle St. Investment Advisors, LLC 3.82% of their portfolio ELMHURST, IL 214,747214.7k $8.6m $8.6m 3.82% Added +11.9k +11,945
44 Pathway Financial Advisors LLC 2.66% of their portfolio SOUTH BURLINGTON, VT 203,741203.7k $8.2m $8.2m 2.66% Reduced -2.9k -2,937
45 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 201,022201.0k $8.1m $8.1m 0.00% Reduced -64.9k -64,853
46 PINNACLE ASSOCIATES LTD 0.13% of their portfolio NEW YORK, NY 190,433190.4k $7.6m $7.6m 0.13% Reduced -9.4k -9,435
47 Wealthcare Advisory Partners LLC 0.31% of their portfolio WEST CHESTER, PA 171,594171.6k $6.9m $6.9m 0.31% Added +14.4k +14,362
48 Paragon Capital Management Ltd 1.44% of their portfolio DENVER, CO 165,432165.4k $6.6m $6.6m 1.44% Reduced -735 -735
49 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 156,741156.7k $6.3m $6.3m 0.00% Reduced -13.4k -13,434
50 Brio Consultants, LLC 1.10% of their portfolio SAN FRANCISCO, CA 152,432152.4k $6.1m $6.1m 1.10% Reduced -55.6k -55,559
51 Traverso Chambers Private Wealth Management, LLC 1.56% of their portfolio SANTA ROSA, CA 148,012148.0k $5.9m $5.9m 1.56% Reduced -14 -14
52 Walkner Condon Financial Advisors LLC 1.56% of their portfolio MADISON, WI 147,121147.1k $5.9m $5.9m 1.56% Reduced -14.1k -14,076
53 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 134,689134.7k $5.4m $5.4m 0.01% Added +16.5k +16,452
54 Boltwood Capital Management 1.92% of their portfolio WALNUT CREEK, CA 133,223133.2k $5.3m $5.3m 1.92% Added +7.8k +7,808
55 Fortis Advisors, LLC 2.82% of their portfolio WAYNE, PA 128,330128.3k $3.9m $3.9m 2.82% Reduced -2.6k -2,646
56 LAKE STREET ADVISORS GROUP, LLC 0.27% of their portfolio PORTSMOUTH, NH 122,747122.7k $4.9m $4.9m 0.27% Added +1.6k +1,563
57 Regis Acquisition Inc. 2.01% of their portfolio DENVER, CO 120,830120.8k $4.8m $4.8m 2.01% Added +47.5k +47,500
58 ARKANSAS FINANCIAL GROUP, INC. 0.93% of their portfolio LITTLE ROCK, AR 115,765115.8k $4.6m $4.6m 0.93% Added +16.7k +16,689
59 TD PRIVATE CLIENT WEALTH LLC 0.18% of their portfolio NEW YORK, NY 103,562103.6k $4.1m $4.1m 0.18% Reduced -22.5k -22,536
60 CoreCap Advisors, LLC 0.29% of their portfolio SOUTHFIELD, MI 100,820100.8k $4.0m $4.0m 0.29% First filing
61 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 100,262100.3k $4.0m $4.0m 0.01% Reduced -23.1k -23,095
62 PARK NATIONAL CORP /OH/ 0.17% of their portfolio NEWARK, OH 97,42297.4k $3.9m $3.9m 0.17% Added +17.1k +17,100
63 S. R. Schill & Associates 1.76% of their portfolio MERCER ISLAND, WA 96,77996.8k $3.9m $3.9m 1.76% Added +6.3k +6,273
64 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 93,77093.8k $3.8m $3.8m 0.02% Added +31.0k +31,048
65 Israel Discount Bank of New York 2.92% of their portfolio NEW YORK, NY 91,48891.5k $3.7m $3.7m 2.92% Added +22.2k +22,225
66 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 91,38291.4k $3.7m $3.7m 0.03% Added +2.2k +2,162
67 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 88,74888.7k $3.6m $3.6m 0.00% Added +4.7k +4,728
68 FDx Advisors, Inc. 0.19% of their portfolio BERWYN, PA 88,41788.4k $3.5m $3.5m 0.19% Reduced -11.4k -11,399
69 NICOLET ADVISORY SERVICES, LLC 0.38% of their portfolio GREEN BAY, WI 87,65287.7k $3.4m $3.4m 0.38% Added +4.1k +4,094
70 Clark Capital Management Group, Inc. 0.03% of their portfolio PHILADELPHIA, PA 86,11286.1k $3.5m $3.5m 0.03% Reduced -74.9k -74,867
71 WEST MICHIGAN ADVISORS, LLC 1.36% of their portfolio HOLLAND, MI 85,19785.2k $3.4m $3.4m 1.36% Reduced -11.0k -10,986
72 CVA Family Office, LLC 0.71% of their portfolio DENVER, CO 84,46384.5k $3.4m $3.4m 0.71% Added +163 +163
73 Money Design Co.,Ltd. 0.20% of their portfolio TOKYO, M0 84,42084.4k $3.4m $3.4m 0.20% Reduced -53.6k -53,566
74 AXXCESS WEALTH MANAGEMENT, LLC 0.24% of their portfolio CARLSBAD, CA 82,00982.0k $3.3m $3.3m 0.24% Added +9.2k +9,183
75 Fermata Advisors, LLC 2.84% of their portfolio SONOMA, CA 78,33578.3k $3.1m $3.1m 2.84% Added +34.9k +34,869
76 Denver PWM, LLC 1.27% of their portfolio DENVER, CO 76,76176.8k $3.1m $3.1m 1.27% Added +715 +715
77 Independence Bank of Kentucky 1.21% of their portfolio OWENSBORO, KY 74,72574.7k $3.0m $3.0m 1.21% Added +3.6k +3,630
78 Cetera Advisors LLC 0.05% of their portfolio DENVER, CO 73,57573.6k $2.9m $2.9m 0.05% Added +48.4k +48,400
79 STAPP WEALTH MANAGEMENT, PLLC 5.71% of their portfolio OLYMPIA, WA 71,98372.0k $2.9m $2.9m 5.71% Added +91 +91
80 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 70,24370.2k $2.8m $2.8m 0.00% Reduced -2.2m -2,222,388
81 Noble Family Wealth, LLC 0.88% of their portfolio Clearwater, FL 67,35667.4k $2.7m $2.7m 0.88% Reduced -11.8k -11,829
82 TUDOR INVESTMENT CORP ET AL 0.04% of their portfolio STAMFORD, CT 65,35165.4k $2.6m $2.6m 0.04% Added +49.8k +49,794
83 CHOREO, LLC 0.09% of their portfolio ROCKFORD, IL 64,84464.8k $2.6m $2.6m 0.09% Reduced -693 -693
84 Pinnacle Wealth Management Advisory Group, LLC 0.30% of their portfolio RED BANK, NJ 59,93059.9k $2.4m $2.4m 0.30% Reduced -5.7k -5,680
85 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 59,66159.7k $2.4m $2.4m 0.01% Added +33.0k +33,043
86 Cetera Advisor Networks LLC 0.02% of their portfolio EL SEGUNDO, CA 58,87158.9k $2.4m $2.4m 0.02% Added +4.8k +4,760
87 OLIVER LAGORE VANVALIN INVESTMENT GROUP 0.89% of their portfolio FLINT, MI 58,68958.7k $2.4m $2.4m 0.89% Added +33.1k +33,130
88 Provident Wealth Management, LLC 1.13% of their portfolio BRENTWOOD, TN 57,35457.4k $2.3m $2.3m 1.13% Reduced -1.7k -1,738
89 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 56,36956.4k $2.3m $2.3m 0.01% Reduced -19.3k -19,340
90 Sowell Financial Services LLC 0.12% of their portfolio NORTH LITTLE ROCK, AR 52,40052.4k $2.1m $2.1m 0.12% Added +1.4k +1,389
91 TIEDEMANN ADVISORS, LLC 0.09% of their portfolio NEW YORK, NY 51,80051.8k $2.1m $2.1m 0.09% Reduced -14.2k -14,167
92 Choate Investment Advisors 0.08% of their portfolio BOSTON, MA 50,69650.7k $2.0m $2.0m 0.08% New
93 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 50,13150.1k $2.0m $2.0m 0.00% Reduced -4.9k -4,936
94 ADVANCED RESEARCH INVESTMENT SOLUTIONS, LLC 1.14% of their portfolio Los Angeles, CA 49,31849.3k $2.0m $2.0m 1.14% Reduced -19.7k -19,714
95 FIDUCIENT ADVISORS LLC 0.60% of their portfolio Chicago, IL 49,14249.1k $2.0m $2.0m 0.60% Added +995 +995
96 SeaBridge Investment Advisors LLC 0.62% of their portfolio SUMMIT, NJ 47,39847.4k $1.9m $1.9m 0.62% Reduced -1.1k -1,144
97 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 44,81444.8k $1.8m $1.8m 0.00% Reduced -9.2k -9,183
98 Advance Capital Management, Inc. 0.20% of their portfolio SOUTHFIELD, MI 44,17544.2k $1.8m $1.8m 0.20% Reduced -441.9k -441,943
99 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 43,00043.0k $1.7m $1.7m 0.00% Reduced -14.5k -14,500
100 Visionary Wealth Advisors 0.13% of their portfolio O'FALLON, IL 42,06842.1k $1.7m $1.7m 0.13% Added +7.2k +7,221