Vault-13

FLEXSHARES TR GUNR

MORNSTAR UPSTR · ETP · CUSIP 33939L407

287 institutional holders -3 vs Q2 2023
164,545,412164.5m shares reported held*
$6.7bnreported value*
19 new 110 added 106 reduced 25 sold out net bought ≈ $44.9m (+1.1m 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 ($417.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $40.44. Options: 1 managers hold calls ($0 notional), 0 hold puts (—).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 274Q4 22: 278Q1 23: 294Q2 23: 290Q3 23: 287287Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022274
Q4 2022278
Q1 2023294
Q2 2023290
Q3 2023287

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 23Q3 23: 129 bought or addedQ3 23: 131 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022128131
Q1 202316599
Q2 2023130140
Q3 2023129131

Biggest buyers

NORTHERN TRUST CORP Added +2,759,682+2.8m
EVOKE WEALTH, LLC Added +124,108+124.1k
OSAIC HOLDINGS, INC. Added +92,287+92.3k
Qube Research & Technologies Ltd Added +85,145+85.1k
JANE STREET GROUP, LLC Added +79,757+79.8k
Cullen/Frost Bankers, Inc. Added +63,963+64.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +47,567+47.6k
Clark Capital Management Group, Inc. Added +44,727+44.7k
MML INVESTORS SERVICES, LLC Added +42,661+42.7k
Hills Bank & Trust Co Added +41,419+41.4k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -415,471-415.5k
BlueCrest Capital Management Ltd Reduced -380,714-380.7k
UBS Group AG Reduced -204,456-204.5k
Beacon Pointe Advisors, LLC Reduced -198,303-198.3k
EQUITABLE TRUST CO Reduced -193,921-193.9k
MORGAN STANLEY Reduced -184,909-184.9k
Pasadena Private Wealth, LLC Reduced -175,935-175.9k
PINNACLE ASSOCIATES LTD Reduced -165,379-165.4k
SVB WEALTH LLC Reduced -86,732-86.7k
LaSalle St. Investment Advisors, LLC Reduced -77,153-77.2k

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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.99% of their portfolio CHICAGO, IL 126,476,361126.5m $5.1bn $5.1bn 0.99% Added +2.8m +2,759,682
2 Valmark Advisers, Inc. 2.39% of their portfolio AKRON, OH 2,850,3922.9m $115.3m $115.3m 2.39% Added +17.8k +17,766
3 EVOKE WEALTH, LLC 3.68% of their portfolio Los Angeles, CA 2,584,4462.6m $104.5m $104.5m 3.68% Added +124.1k +124,108
4 BESSEMER GROUP INC 0.23% of their portfolio WOODBRIDGE, NJ 2,564,2402.6m $103.7m $103.7m 0.23% Unchanged
5 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,276,2062.3m $92.0m $92.0m 0.01% Reduced -184.9k -184,909
6 Cullen/Frost Bankers, Inc. 1.45% of their portfolio San Antonio, TX 2,055,3892.1m $83.1m $83.1m 1.45% Added +64.0k +63,963
7 1832 Asset Management L.P. 0.14% of their portfolio TORONTO, A6 1,717,2821.7m $69.4m $69.4m 0.14% Reduced -65.9k -65,928
8 NBT BANK, N.A. 4.35% of their portfolio NORWICH, NY 1,121,4571.1m $45.4m $45.4m 4.35% Reduced -5.5k -5,518
9 Hills Bank & Trust Co 4.74% of their portfolio North Liberty, IA 1,009,2351.0m $40.8m $40.8m 4.74% Added +41.4k +41,419
10 EQUITABLE TRUST CO 3.00% of their portfolio NASHVILLE, TN 897,187897.2k $36.3m $36.3m 3.00% Reduced -193.9k -193,921
11 MOLLER WEALTH PARTNERS 10.50% of their portfolio NORTHFIELD, IL 817,420817.4k $33.1m $33.1m 10.50% Added +3.2k +3,167
12 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 795,903795.9k $32.2m $32.2m 0.01% Reduced -415.5k -415,471
13 UBS Group AG 0.01% of their portfolio ZURICH, V8 763,212763.2k $30.9m $30.9m 0.01% Reduced -204.5k -204,456
14 CONNABLE OFFICE INC 3.93% of their portfolio KALAMAZOO, MI 707,659707.7k $28.6m $28.6m 3.93% Reduced -6.4k -6,376
15 Capital Analysts, LLC 1.31% of their portfolio FORT WASHINGTON, PA 583,632583.6k $23.6m $23.6m 1.31% Reduced -369 -369
16 CITIZENS & NORTHERN CORP 8.95% of their portfolio WELLSBORO, PA 550,882550.9k $22.3m $22.3m 8.95% Added +38.1k +38,146
17 Landmark Financial Advisors, LLC 8.97% of their portfolio Bowling Green, KY 545,916545.9k $22.1m $22.1m 8.97% Added +29.0k +29,020
18 SVB WEALTH LLC 0.48% of their portfolio BOSTON, MA 536,542536.5k $21.7m $21.7m 0.48% Reduced -86.7k -86,732
19 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 505,025505.0k $20.4m $20.4m 0.04% Reduced -10.4k -10,385
20 VPR Management LLC 5.39% of their portfolio HOUSTON, TX 502,203502.2k $20.3m $20.3m 5.39% Added +8.5k +8,500
21 Versant Capital Management, Inc 6.00% of their portfolio PHOENIX, AZ 466,922466.9k $18.9m $18.9m 6.00% Added +34.6k +34,554
22 Aaron Wealth Advisors LLC 2.33% of their portfolio Chicago, IL 446,383446.4k $18.1m $18.1m 2.33% Added +27.0k +27,024
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 431,961432.0k $17.5m $17.5m 0.00% Added +5.2k +5,228
24 Pure Financial Advisors, LLC 0.67% of their portfolio SAN DIEGO, CA 406,995407.0k $16.5m $16.5m 0.67% Reduced -1.3k -1,323
25 CENTRAL TRUST Co 0.47% of their portfolio JEFFERSON CITY, MO 400,938400.9k $16.2m $16.2m 0.47% Added +36.1k +36,123
26 Enterprise Bank & Trust Co 6.37% of their portfolio LOWELL, MA 382,030382.0k $15.4m $15.4m 6.37% Added +13.4k +13,383
27 Cornerstone National Bank & Trust Co 8.38% of their portfolio PALATINE, IL 337,267337.3k $13.6m $13.6m 8.38% Reduced -4.0k -3,993
28 Colony Family Offices, LLC 5.76% of their portfolio CHARLOTTE, NC 333,671333.7k $13.5m $13.5m 5.76% Added +10.2k +10,153
29 STEPH & CO 7.41% of their portfolio MARINETTE, WI 327,886327.9k $13.3m $13.3m 7.41% Reduced -27.7k -27,746
30 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 326,938326.9k $13.2m $13.2m 0.01% Added +8.0k +7,950
31 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 324,707324.7k $13.1m $13.1m 0.00% Added +2.9k +2,912
32 Centerpoint Advisors, LLC 5.22% of their portfolio NEEDHAM, MA 304,426304.4k $12.3m $12.3m 5.22% Added +23.6k +23,569
33 Navalign, LLC 4.67% of their portfolio ENCINO, CA 304,359304.4k $12.3m $12.3m 4.67% Added +3.4k +3,397
34 Farmers National Bank 4.16% of their portfolio DANVILLE, KY 295,885295.9k $12.0m $12.0m 4.16% Added +23.9k +23,912
35 United Bank 6.77% of their portfolio Zebulon, GA 279,972280.0k $11.3m $11.3m 6.77% Added +27.6k +27,640
36 CAPITAL WEALTH MANAGEMENT, LLC 6.03% of their portfolio W. WARWICK, RI 271,984272.0k $11.0m $11.0m 6.03% Reduced -22.6k -22,550
37 Beacon Pointe Advisors, LLC 0.13% of their portfolio NEWPORT BEACH, CA 266,875266.9k $10.8m $10.8m 0.13% Reduced -198.3k -198,303
38 Envestnet Portfolio Solutions, Inc. 0.05% of their portfolio BERWYN, PA 253,815253.8k $10.3m $10.3m 0.05% First filing
39 VeraBank, N.A. 3.81% of their portfolio HENDERSON, TX 245,559245.6k $9.9m $9.9m 3.81% Added +2.5k +2,548
40 Latigo Investments, LLC 5.66% of their portfolio FORT LAUDERDALE, FL 230,000230.0k $9.3m $9.3m 5.66% Unchanged
41 Pasadena Private Wealth, LLC 2.54% of their portfolio PASADENA, CA 209,858209.9k $8.5m $8.5m 2.54% Reduced -175.9k -175,935
42 GREENLEAF TRUST 0.10% of their portfolio KALAMAZOO, MI 204,623204.6k $8.3m $8.3m 0.10% Reduced -51.6k -51,586
43 Pathway Financial Advisors LLC 2.82% of their portfolio SOUTH BURLINGTON, VT 204,240204.2k $8.3m $8.3m 2.82% Added +499 +499
44 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 195,314195.3k $7.9m $7.9m 0.00% Reduced -5.7k -5,708
45 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 192,549192.5k $7.8m $7.8m 0.01% Added +92.3k +92,287
46 Wealthcare Advisory Partners LLC 0.31% of their portfolio WEST CHESTER, PA 167,616167.6k $6.8m $6.8m 0.31% Reduced -4.0k -3,978
47 Paragon Capital Management Ltd 1.52% of their portfolio DENVER, CO 167,516167.5k $6.8m $6.8m 1.52% Added +2.1k +2,084
48 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 166,410166.4k $6.7m $6.7m 0.00% Added +9.7k +9,669
49 Brio Consultants, LLC 1.16% of their portfolio SAN FRANCISCO, CA 153,342153.3k $6.2m $6.2m 1.16% Added +910 +910
50 Walkner Condon Financial Advisors LLC 1.62% of their portfolio MADISON, WI 151,145151.1k $6.1m $6.1m 1.62% Added +4.0k +4,024
51 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 150,000150.0k $6.1m $6.1m 0.01% Added +79.8k +79,757
52 Traverso Chambers Private Wealth Management, LLC 1.61% of their portfolio SANTA ROSA, CA 149,124149.1k $6.0m $6.0m 1.61% Added +1.1k +1,112
53 Boltwood Capital Management 2.13% of their portfolio WALNUT CREEK, CA 141,977142.0k $5.7m $5.7m 2.13% Added +8.8k +8,754
54 LaSalle St. Investment Advisors, LLC 2.72% of their portfolio ELMHURST, IL 137,594137.6k $5.6m $5.6m 2.72% Reduced -77.2k -77,153
55 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 136,431136.4k $5.5m $5.5m 0.03% Added +42.7k +42,661
56 Clark Capital Management Group, Inc. 0.05% of their portfolio PHILADELPHIA, PA 130,839130.8k $5.3m $5.3m 0.05% Added +44.7k +44,727
57 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 129,628129.6k $5.2m $5.2m 0.01% Reduced -5.1k -5,061
58 ARKANSAS FINANCIAL GROUP, INC. 1.01% of their portfolio LITTLE ROCK, AR 123,164123.2k $5.0m $5.0m 1.01% Added +7.4k +7,399
59 LAKE STREET ADVISORS GROUP, LLC 0.29% of their portfolio PORTSMOUTH, NH 120,338120.3k $4.9m $4.9m 0.29% Reduced -2.4k -2,409
60 Fermata Advisors, LLC 1.29% of their portfolio SONOMA, CA 112,818112.8k $4.6m $4.6m 1.29% Added +34.5k +34,483
61 PARK NATIONAL CORP /OH/ 0.20% of their portfolio NEWARK, OH 108,616108.6k $4.4m $4.4m 0.20% Added +11.2k +11,194
62 Austin Wealth Management, LLC 1.34% of their portfolio Austin, TX 107,708107.7k $4.3m $4.3m 1.34% First filing
63 CoreCap Advisors, LLC 0.30% of their portfolio SOUTHFIELD, MI 103,984104.0k $4.2m $4.2m 0.30% Added +3.2k +3,164
64 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 100,311100.3k $4.1m $4.1m 0.04% Added +8.9k +8,929
65 TD PRIVATE CLIENT WEALTH LLC 0.17% of their portfolio NEW YORK, NY 95,26495.3k $3.9m $3.9m 0.17% Reduced -8.3k -8,298
66 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 95,15095.2k $3.8m $3.8m 0.00% Added +6.4k +6,402
67 S. R. Schill & Associates 1.86% of their portfolio MERCER ISLAND, WA 94,71794.7k $3.8m $3.8m 1.86% Reduced -2.1k -2,062
68 Israel Discount Bank of New York 3.08% of their portfolio NEW YORK, NY 91,66891.7k $3.7m $3.7m 3.08% Added +180 +180
69 WEST MICHIGAN ADVISORS, LLC 1.92% of their portfolio HOLLAND, MI 88,92088.9k $3.6m $3.6m 1.92% Added +3.7k +3,723
70 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 86,09286.1k $3.5m $3.5m 0.01% Added +85.1k +85,145
71 AXXCESS WEALTH MANAGEMENT, LLC 0.12% of their portfolio CARLSBAD, CA 84,78684.8k $3.4m $3.4m 0.12% Added +2.8k +2,777
72 Noble Family Wealth, LLC 1.15% of their portfolio Clearwater, FL 84,69084.7k $3.4m $3.4m 1.15% Added +17.3k +17,334
73 NICOLET ADVISORY SERVICES, LLC 0.36% of their portfolio GREEN BAY, WI 84,45884.5k $3.3m $3.3m 0.36% Reduced -3.2k -3,194
74 CVA Family Office, LLC 0.77% of their portfolio DENVER, CO 83,62483.6k $3.4m $3.4m 0.77% Reduced -839 -839
75 Fortis Advisors, LLC 2.47% of their portfolio WAYNE, PA 81,28281.3k $3.3m $3.3m 2.47% Reduced -47.0k -47,048
76 FDx Advisors, Inc. 0.27% of their portfolio BERWYN, PA 80,04280.0k $3.2m $3.2m 0.27% Reduced -8.4k -8,375
77 Regis Acquisition Inc. 1.32% of their portfolio DENVER, CO 77,27077.3k $3.1m $3.1m 1.32% Reduced -43.6k -43,560
78 FIDUCIENT ADVISORS LLC 0.17% of their portfolio Chicago, IL 75,27075.3k $3.0m $3.0m 0.17% Added +26.1k +26,128
79 Denver PWM, LLC 1.24% of their portfolio DENVER, CO 74,69674.7k $3.0m $3.0m 1.24% Reduced -2.1k -2,065
80 STAPP WEALTH MANAGEMENT, PLLC 5.59% of their portfolio OLYMPIA, WA 71,80971.8k $2.9m $2.9m 5.59% Reduced -174 -174
81 Money Design Co.,Ltd. 0.17% of their portfolio TOKYO, M0 68,68268.7k $2.8m $2.8m 0.17% Reduced -15.7k -15,738
82 Cetera Advisor Networks LLC 0.02% of their portfolio EL SEGUNDO, CA 68,19668.2k $2.8m $2.8m 0.02% Added +9.3k +9,325
83 Independence Bank of Kentucky 1.16% of their portfolio OWENSBORO, KY 67,71067.7k $2.7m $2.7m 1.16% Reduced -7.0k -7,015
84 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 60,53160.5k $2.4m $2.4m 0.00% Added +47.6k +47,567
85 CHOREO, LLC 0.08% of their portfolio ROCKFORD, IL 57,82457.8k $2.3m $2.3m 0.08% Reduced -7.0k -7,020
86 TIEDEMANN ADVISORS, LLC 0.09% of their portfolio NEW YORK, NY 52,16952.2k $2.1m $2.1m 0.09% Added +369 +369
87 Sowell Financial Services LLC 0.13% of their portfolio NORTH LITTLE ROCK, AR 50,92250.9k $2.1m $2.1m 0.13% Reduced -1.5k -1,478
88 Choate Investment Advisors 0.08% of their portfolio BOSTON, MA 50,69650.7k $2.1m $2.1m 0.08% Unchanged
89 FLPUTNAM INVESTMENT MANAGEMENT CO 0.06% of their portfolio PORTLAND, ME 49,59949.6k $2.0m $2.0m 0.06% Added +15.7k +15,680
90 Provident Wealth Management, LLC 0.97% of their portfolio BRENTWOOD, TN 49,50849.5k $2.0m $2.0m 0.97% Reduced -7.8k -7,846
91 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 48,95849.0k $2.0m $2.0m 0.00% Added +4.1k +4,144
92 ADVANCED RESEARCH INVESTMENT SOLUTIONS, LLC 1.15% of their portfolio Los Angeles, CA 43,93843.9k $1.8m $1.8m 1.15% Reduced -5.4k -5,380
93 Visionary Wealth Advisors 0.14% of their portfolio O'FALLON, IL 43,79043.8k $1.8m $1.8m 0.14% Added +1.7k +1,722
94 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 42,70642.7k $1.7m $1.7m 0.00% Added +2.3k +2,323
95 Wealthfront Advisers LLC 0.01% of their portfolio Palo Alto, CA 42,55742.6k $1.7m $1.7m 0.01% Added +4.7k +4,673
96 Missouri Trust & Investment Co 0.76% of their portfolio SPRINGFIELD, MO 41,83141.8k $1.7m $1.7m 0.76% Reduced -45 -45
97 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 39,77339.8k $1.6m $1.6m 0.00% Reduced -10.4k -10,358
98 HORIZON BANCORP INC /IN/ 1.02% of their portfolio MICHIGAN CITY, IN 39,48839.5k $1.6m $1.6m 1.02% Added +39.4k +39,362
99 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 38,75438.8k $1.6m $1.6m 0.00% New
100 Stelac Advisory Services LLC 0.83% of their portfolio NEW YORK, NY 37,79537.8k $1.5m $1.5m 0.83% Reduced -1.0k -1,025