Vault-13

FLEXSHARES TR GUNR

MORNSTAR UPSTR · ETP · CUSIP 33939L407

283 institutional holders +1 vs Q1 2024
127,121,226127.1m shares reported held*
$5.1bnreported value*
26 new 83 added 117 reduced 25 sold out net sold ≈ $922.0m (-22.8m 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 ($1.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $40.09. Options: 1 managers hold calls ($0 notional), 0 hold puts (—).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 274Q4 22: 278Q1 23: 294Q2 23: 290Q3 23: 287Q4 23: 295Q1 24: 282Q2 24: 283283Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022274
Q4 2022278
Q1 2023294
Q2 2023290
Q3 2023287
Q4 2023295
Q1 2024282
Q2 2024283

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 outQ2 23: 130 bought or addedQ2 23: 140 cut or sold outQ2 23Q3 23: 129 bought or addedQ3 23: 131 cut or sold outQ4 23: 121 bought or addedQ4 23: 129 cut or sold outQ4 23Q1 24: 108 bought or addedQ1 24: 149 cut or sold outQ2 24: 109 bought or addedQ2 24: 142 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022128131
Q1 202316599
Q2 2023130140
Q3 2023129131
Q4 2023121129
Q1 2024108149
Q2 2024109142

Biggest buyers

M Holdings Securities, Inc. New +241,133+241.1k
Strategic Financial Concepts, LLC New +164,248+164.2k
Valmark Advisers, Inc. Added +142,613+142.6k
HORIZON BANCORP INC /IN/ Added +120,614+120.6k
CITADEL ADVISORS LLC Added +80,558+80.6k
OLD MISSION CAPITAL LLC Added +76,514+76.5k
Corient Private Wealth LP Added +73,802+73.8k
FLOW TRADERS U.S. LLC New +54,413+54.4k
Barry Investment Advisors, LLC Added +40,508+40.5k
Versant Capital Management, Inc Added +38,495+38.5k

Biggest sellers

NORTHERN TRUST CORP Reduced -13,003,307-13.0m
MORGAN STANLEY Reduced -4,170,302-4.2m
EVOKE WEALTH, LLC Reduced -3,407,367-3.4m
Cullen/Frost Bankers, Inc. Reduced -880,564-880.6k
JANE STREET GROUP, LLC Sold out -714,399-714.4k
1832 Asset Management L.P. Reduced -265,783-265.8k
D. E. Shaw & Co., Inc. Sold out -214,288-214.3k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -195,777-195.8k
ENVESTNET ASSET MANAGEMENT INC Reduced -160,011-160.0k
Qube Research & Technologies Ltd Sold out -111,574-111.6k

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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.64% of their portfolio CHICAGO, IL 94,873,44794.9m $3.8bn $3.8bn 0.64% Reduced -13.0m -13,003,307
2 Valmark Advisers, Inc. 2.18% of their portfolio AKRON, OH 3,202,2753.2m $128.5m $128.5m 2.18% Added +142.6k +142,613
3 BESSEMER GROUP INC 0.18% of their portfolio WOODBRIDGE, NJ 2,579,4902.6m $103.5m $103.5m 0.18% Reduced -7.7k -7,665
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,123,4942.1m $85.2m $85.2m 0.01% Reduced -4.2m -4,170,302
5 1832 Asset Management L.P. 0.15% of their portfolio TORONTO, A6 2,015,1632.0m $80.9m $80.9m 0.15% Reduced -265.8k -265,783
6 NBT BANK, N.A. 3.30% of their portfolio NORWICH, NY 1,150,4381.2m $46.2m $46.2m 3.30% Reduced -24.1k -24,083
7 Cullen/Frost Bankers, Inc. 0.61% of their portfolio San Antonio, TX 1,057,0541.1m $42.4m $42.4m 0.61% Reduced -880.6k -880,564
8 MOLLER WEALTH PARTNERS 10.00% of their portfolio NORTHFIELD, IL 933,540933.5k $37.5m $37.5m 10.00% Reduced -139 -139
9 Hills Bank & Trust Co 2.63% of their portfolio North Liberty, IA 809,824809.8k $32.5m $32.5m 2.63% Reduced -29.1k -29,128
10 CONNABLE OFFICE INC 3.18% of their portfolio KALAMAZOO, MI 735,929735.9k $29.5m $29.5m 3.18% Added +4.5k +4,503
11 UBS Group AG 0.01% of their portfolio ZURICH, V8 638,991639.0k $25.6m $25.6m 0.01% Reduced -4.8k -4,793
12 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 604,746604.7k $24.3m $24.3m 0.01% Reduced -11.4k -11,386
13 Aaron Wealth Advisors LLC 3.16% of their portfolio Chicago, IL 566,445566.4k $22.7m $22.7m 3.16% Reduced -8.9k -8,946
14 VPR Management LLC 7.92% of their portfolio HOUSTON, TX 528,203528.2k $21.2m $21.2m 7.92% Unchanged
15 CITIZENS & NORTHERN CORP 6.26% of their portfolio WELLSBORO, PA 498,659498.7k $20.0m $20.0m 6.26% Reduced -70.5k -70,458
16 Versant Capital Management, Inc 5.00% of their portfolio PHOENIX, AZ 492,648492.6k $19.8m $19.8m 5.00% Added +38.5k +38,495
17 Enterprise Bank & Trust Co 6.29% of their portfolio LOWELL, MA 458,473458.5k $18.4m $18.4m 6.29% Added +26.3k +26,290
18 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 436,189436.2k $17.5m $17.5m 0.02% Reduced -32.4k -32,378
19 CENTRAL TRUST Co 0.42% of their portfolio JEFFERSON CITY, MO 428,255428.3k $17.2m $17.2m 0.42% Added +33.2k +33,244
20 Pure Financial Advisors, LLC 0.46% of their portfolio SAN DIEGO, CA 414,993415.0k $16.7m $16.7m 0.46% Reduced -3.5k -3,480
21 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 363,050363.1k $14.6m $14.6m 0.01% Reduced -160.0k -160,011
22 Colony Family Offices, LLC 4.62% of their portfolio CHARLOTTE, NC 358,682358.7k $14.4m $14.4m 4.62% Reduced -480 -480
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 353,420353.4k $14.2m $14.2m 0.00% Reduced -58.1k -58,101
24 HORIZON BANCORP INC /IN/ 6.63% of their portfolio MICHIGAN CITY, IN 347,813347.8k $14.0m $14.0m 6.63% Added +120.6k +120,614
25 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 335,099335.1k $13.5m $13.5m 0.01% Reduced -27.4k -27,377
26 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 333,282333.3k $13.4m $13.4m 0.00% Reduced -6.9k -6,938
27 Navalign, LLC 4.10% of their portfolio ENCINO, CA 323,717323.7k $13.0m $13.0m 4.10% Added +8.2k +8,250
28 STEPH & CO 4.19% of their portfolio MARINETTE, WI 306,281306.3k $12.3m $12.3m 4.19% Reduced -1.7k -1,680
29 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 273,762273.8k $11.0m $11.0m 0.03% Reduced -195.8k -195,777
30 Farmers National Bank 3.22% of their portfolio DANVILLE, KY 266,217266.2k $10.7m $10.7m 3.22% Reduced -10.9k -10,855
31 VeraBank, N.A. 3.18% of their portfolio HENDERSON, TX 254,904254.9k $10.2m $10.2m 3.18% Added +74 +74
32 Pasadena Private Wealth, LLC 2.34% of their portfolio PASADENA, CA 252,026252.0k $10.1m $10.1m 2.34% Added +14.5k +14,467
33 Envestnet Portfolio Solutions, Inc. 0.04% of their portfolio BERWYN, PA 250,372250.4k $10.0m $10.0m 0.04% Reduced -5.3k -5,285
34 M Holdings Securities, Inc. 1.25% of their portfolio PORTLAND, OR 241,133241.1k $9.7m $9.7m 1.25% New
35 SVB WEALTH LLC 0.23% of their portfolio BOSTON, MA 233,201233.2k $9.4m $9.4m 0.23% Reduced -55.3k -55,269
36 Latigo Investments, LLC 4.73% of their portfolio FORT LAUDERDALE, FL 230,000230.0k $9.2m $9.2m 4.73% Unchanged
37 ARKANSAS FINANCIAL GROUP, INC. 1.59% of their portfolio LITTLE ROCK, AR 222,528222.5k $8.9m $8.9m 1.59% Added +18.8k +18,830
38 GREENLEAF TRUST 0.08% of their portfolio KALAMAZOO, MI 214,764214.8k $8.6m $8.6m 0.08% Reduced -704 -704
39 Wealthcare Advisory Partners LLC 0.27% of their portfolio WEST CHESTER, PA 213,569213.6k $8.6m $8.6m 0.27% Added +12.9k +12,917
40 OLD MISSION CAPITAL LLC 0.21% of their portfolio CHICAGO, IL 203,588203.6k $8.2m $8.2m 0.21% Added +76.5k +76,514
41 Pathway Financial Advisors LLC 2.18% of their portfolio SOUTH BURLINGTON, VT 201,105201.1k $8.1m $8.1m 2.18% Added +2.8k +2,847
42 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 200,846200.8k $8.1m $8.1m 0.02% Added +3.5k +3,507
43 EQUITABLE TRUST CO 0.54% of their portfolio NASHVILLE, TN 196,674196.7k $7.9m $7.9m 0.54% Reduced -78.4k -78,376
44 Cornerstone National Bank & Trust Co 3.74% of their portfolio PALATINE, IL 189,835189.8k $7.6m $7.6m 3.74% Reduced -40.2k -40,200
45 Paragon Capital Management Ltd 1.22% of their portfolio DENVER, CO 165,242165.2k $6.6m $6.6m 1.22% Reduced -1.7k -1,712
46 Strategic Financial Concepts, LLC 0.01% of their portfolio SAN ANTONIO, TX 164,248164.2k $19.6k $19.6k 0.01% New
47 Brio Consultants, LLC 1.08% of their portfolio SAN FRANCISCO, CA 162,778162.8k $6.5m $6.5m 1.08% Added +1.1k +1,140
48 United Bank 3.23% of their portfolio Zebulon, GA 161,192161.2k $6.5m $6.5m 3.23% Reduced -59.8k -59,774
49 Boltwood Capital Management 1.97% of their portfolio WALNUT CREEK, CA 157,462157.5k $6.3m $6.3m 1.97% Added +1.0k +1,017
50 MAI Capital Management 0.06% of their portfolio INDEPENDENCE, OH 153,782153.8k $6.2m $6.2m 0.06% Added +607 +607
51 IAG Wealth Partners, LLC 1.21% of their portfolio WAUKESHA, WI 149,913149.9k $6.0m $6.0m 1.21% Added +26.2k +26,153
52 Beacon Pointe Advisors, LLC 0.07% of their portfolio NEWPORT BEACH, CA 143,084143.1k $5.7m $5.7m 0.07% Reduced -18.4k -18,395
53 Regis Acquisition Inc. 3.30% of their portfolio DENVER, CO 134,965135.0k $5.4m $5.4m 3.30% Added +1.8k +1,840
54 Walkner Condon Financial Advisors LLC 1.11% of their portfolio MADISON, WI 127,986128.0k $5.1m $5.1m 1.11% Added +1.6k +1,636
55 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 127,373127.4k $5.1m $5.1m 0.01% Added +8.3k +8,266
56 CAPITAL WEALTH MANAGEMENT, LLC 2.31% of their portfolio W. WARWICK, RI 125,866125.9k $5.1m $5.1m 2.31% Reduced -66.2k -66,198
57 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 125,733125.7k $5.0m $5.0m 0.00% Added +80.6k +80,558
58 LAKE STREET ADVISORS GROUP, LLC 0.23% of their portfolio PORTSMOUTH, NH 121,695121.7k $4.9m $4.9m 0.23% Added +4 +4
59 Austin Wealth Management, LLC 1.17% of their portfolio Austin, TX 121,617121.6k $5.0m $5.0m 1.17% Added +4.1k +4,127
60 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 116,528116.5k $4.7m $4.7m 0.00% Added +2.5k +2,531
61 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 116,158116.2k $4.7m $4.7m 0.01% Added +73.8k +73,802
62 CoreCap Advisors, LLC 0.48% of their portfolio SOUTHFIELD, MI 114,256114.3k $4.6m $4.6m 0.48% Added +2.6k +2,639
63 S. R. Schill & Associates 1.97% of their portfolio MERCER ISLAND, WA 111,935111.9k $4.5m $4.5m 1.97% Added +2.9k +2,943
64 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 104,400104.4k $4.2m $4.2m 0.00% Added +12.0k +11,955
65 Money Design Co.,Ltd. 0.22% of their portfolio TOKYO, M0 99,74799.7k $4.0m $4.0m 0.22% Added +16.7k +16,707
66 Fermata Advisors, LLC 0.86% of their portfolio SONOMA, CA 93,40593.4k $3.7m $3.7m 0.86% Reduced -7.5k -7,450
67 Barry Investment Advisors, LLC 1.19% of their portfolio NEW BEDFORD, MA 87,95888.0k $3.5m $3.5m 1.19% Added +40.5k +40,508
68 Econ Financial Services Corp 2.19% of their portfolio HARRISBURG, PA 87,85287.9k $3.5m $3.5m 2.19% Added +142 +142
69 AXXCESS WEALTH MANAGEMENT, LLC 0.10% of their portfolio CARLSBAD, CA 87,17187.2k $3.5m $3.5m 0.10% Added +5.8k +5,768
70 Fortis Advisors, LLC 2.29% of their portfolio WAYNE, PA 81,07181.1k $3.3m $3.3m 2.29% Added +291 +291
71 NICOLET ADVISORY SERVICES, LLC 0.31% of their portfolio GREEN BAY, WI 79,81879.8k $3.2m $3.2m 0.31% Reduced -3.7k -3,705
72 CVA Family Office, LLC 0.54% of their portfolio DENVER, CO 74,26874.3k $3.0m $3.0m 0.54% Reduced -1.1k -1,134
73 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 74,16174.2k $3.0m $3.0m 0.01% Reduced -8.3k -8,255
74 FDx Advisors, Inc. 0.78% of their portfolio BERWYN, PA 70,51270.5k $2.8m $2.8m 0.78% Reduced -1.9k -1,948
75 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 68,32068.3k $2.7m $2.7m 0.02% Reduced -3.1k -3,078
76 Wealthfront Advisers LLC 0.01% of their portfolio Palo Alto, CA 62,44462.4k $2.5m $2.5m 0.01% Added +12.4k +12,378
77 Missouri Trust & Investment Co 0.85% of their portfolio SPRINGFIELD, MO 56,02156.0k $2.2m $2.2m 0.85% Reduced -190 -190
78 FLOW TRADERS U.S. LLC 0.11% of their portfolio NEW YORK, NY 54,41354.4k $2.2m $2.2m 0.11% New
79 PARK NATIONAL CORP /OH/ 0.08% of their portfolio NEWARK, OH 54,35754.4k $2.2m $2.2m 0.08% Reduced -24.0k -24,003
80 AlTi Global, Inc. 0.06% of their portfolio NEW YORK, NY 53,53753.5k $2.1m $2.1m 0.06% Reduced -177 -177
81 Noble Family Wealth, LLC 0.58% of their portfolio Clearwater, FL 50,56850.6k $2.0m $2.0m 0.58% Reduced -2.5k -2,512
82 Lido Advisors, LLC 0.02% of their portfolio Los Angeles, CA 47,78247.8k $1.9m $1.9m 0.02% Added +11.1k +11,106
83 Etesian Wealth Advisors, Inc. 1.07% of their portfolio West Linn, OR 47,42747.4k $1.9m $1.9m 1.07% Added +3.3k +3,348
84 Independence Bank of Kentucky 0.50% of their portfolio OWENSBORO, KY 47,21547.2k $1.9m $1.9m 0.50% Reduced -16.4k -16,430
85 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 42,40642.4k $1.7m $1.7m 0.00% Reduced -50.2k -50,186
86 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 41,18341.2k $1.7m $1.7m 0.00% Reduced -782 -782
87 Community Bank, N.A. 0.21% of their portfolio DeWitt, NY 40,20440.2k $1.6m $1.6m 0.21% Added +1.2k +1,189
88 FIRST CITIZENS BANK & TRUST CO 0.03% of their portfolio RALEIGH, NC 39,38839.4k $1.6m $1.6m 0.03% Reduced -6.4k -6,439
89 Aspen Grove Capital, LLC 0.35% of their portfolio AVON, CO 37,18437.2k $1.5m $1.5m 0.35% Unchanged
90 TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio STAMFORD, CT 36,51936.5k $1.5m $1.5m 0.02% New
91 White Pine Investment CO 0.42% of their portfolio LIVONIA, MI 36,03036.0k $1.4m $1.4m 0.42% Added +1.2k +1,216
92 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 35,28035.3k $1.4m $1.4m 0.00% Reduced -3.8k -3,784
93 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 33,71933.7k $1.4m $1.4m 0.01% Added +1.5k +1,543
94 Provident Wealth Management, LLC 0.49% of their portfolio BRENTWOOD, TN 33,66333.7k $1.4m $1.4m 0.49% Reduced -14.7k -14,683
95 Stelac Advisory Services LLC 0.56% of their portfolio NEW YORK, NY 33,44833.4k $1.3m $1.3m 0.56% New
96 Advisory Services Network, LLC 0.03% of their portfolio ATLANTA, GA 33,36233.4k $1.3m $1.3m 0.03% Added +5.2k +5,240
97 Smallwood Wealth Investment Management, LLC 0.98% of their portfolio RED BANK, NJ 31,71531.7k $1.3m $1.3m 0.98% Added +513 +513
98 BLACK POINT WEALTH MANAGEMENT 1.25% of their portfolio NAPLES, FL 30,17130.2k $1.2m $1.2m 1.25% First filing
99 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 30,06730.1k $1.2m $1.2m 0.00% Reduced -11.4k -11,370
100 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 29,05329.1k $1.2m $1.2m 0.00% Added +1.3k +1,271