Vault-13

FLEXSHARES TR GUNR

MORNSTAR UPSTR · ETP · CUSIP 33939L407

292 institutional holders +24 vs Q3 2024
114,985,342115.0m shares reported held*
$4.2bnreported value*
38 new 83 added 99 reduced 26 sold out net sold ≈ $249.0m (-7.0m 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 ($366.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $36.37. Options: 1 managers hold calls ($0 notional), 0 hold puts (—).

Trends to Q4 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: 283Q3 24: 268Q4 24: 292292Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022274
Q4 2022278
Q1 2023294
Q2 2023290
Q3 2023287
Q4 2023295
Q1 2024282
Q2 2024283
Q3 2024268
Q4 2024292

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 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 24Q3 24: 107 bought or addedQ3 24: 140 cut or sold outQ4 24: 121 bought or addedQ4 24: 125 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 202316599
Q2 2023130140
Q3 2023129131
Q4 2023121129
Q1 2024108149
Q2 2024109142
Q3 2024107140
Q4 2024121125

Biggest buyers

JANE STREET GROUP, LLC Added +779,967+780.0k
First Interstate Bank New +706,525+706.5k
OLD MISSION CAPITAL LLC New +580,750+580.8k
Valmark Advisers, Inc. Added +176,173+176.2k
SVB WEALTH LLC New +164,467+164.5k
Quadrature Capital Ltd New +164,087+164.1k
GTS SECURITIES LLC New +160,235+160.2k
CONNABLE OFFICE INC Added +147,640+147.6k
CITADEL ADVISORS LLC Added +130,524+130.5k
MERCER GLOBAL ADVISORS INC /ADV New +130,455+130.5k

Biggest sellers

NORTHERN TRUST CORP Reduced -8,057,053-8.1m
CITIZENS & NORTHERN CORP Reduced -470,266-470.3k
Enterprise Bank & Trust Co Reduced -310,370-310.4k
Cullen/Frost Bankers, Inc. Reduced -280,631-280.6k
EVOKE WEALTH, LLC Reduced -275,568-275.6k
UBS Group AG Reduced -223,586-223.6k
Hills Bank & Trust Co Reduced -166,728-166.7k
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC Sold out -135,031-135.0k
EQUITABLE TRUST CO Reduced -118,937-118.9k
ROYAL BANK OF CANADA Reduced -109,961-110.0k

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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.42% of their portfolio CHICAGO, IL 80,934,80480.9m $2.9bn $2.9bn 0.42% Reduced -8.1m -8,057,053
2 Valmark Advisers, Inc. 1.88% of their portfolio AKRON, OH 3,341,1553.3m $121.5m $121.5m 1.88% Added +176.2k +176,173
3 EVOKE WEALTH, LLC 3.28% of their portfolio Los Angeles, CA 3,245,3643.2m $118.0m $118.0m 3.28% Reduced -275.6k -275,568
4 1832 Asset Management L.P. 0.18% of their portfolio TORONTO, A6 2,777,8052.8m $101.0m $101.0m 0.18% Added +129.9k +129,931
5 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,010,2612.0m $73.1m $73.1m 0.01% Reduced -61.6k -61,581
6 NBT BANK, N.A. 2.96% of their portfolio NORWICH, NY 1,167,6521.2m $42.5m $42.5m 2.96% Added +24.7k +24,699
7 MOLLER WEALTH PARTNERS 9.80% of their portfolio NORTHFIELD, IL 1,024,5191.0m $37.3m $37.3m 9.80% Added +68.9k +68,867
8 CONNABLE OFFICE INC 3.36% of their portfolio KALAMAZOO, MI 892,150892.1k $32.4m $32.4m 3.36% Added +147.6k +147,640
9 JANE STREET GROUP, LLC 0.05% of their portfolio NEW YORK, NY 828,335828.3k $30.1m $30.1m 0.05% Added +780.0k +779,967
10 First Interstate Bank 1.56% of their portfolio Billings, MT 706,525706.5k $25.7m $25.7m 1.56% New
11 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 699,561699.6k $25.4m $25.4m 0.01% Added +67.6k +67,605
12 Hills Bank & Trust Co 1.74% of their portfolio North Liberty, IA 635,389635.4k $23.1m $23.1m 1.74% Reduced -166.7k -166,728
13 OLD MISSION CAPITAL LLC 0.49% of their portfolio CHICAGO, IL 580,750580.8k $21.1m $21.1m 0.49% New
14 Aaron Wealth Advisors LLC 2.24% of their portfolio Chicago, IL 531,218531.2k $19.3m $19.3m 2.24% Reduced -76.8k -76,774
15 Versant Capital Management, Inc 4.16% of their portfolio PHOENIX, AZ 531,053531.1k $19.3m $19.3m 4.16% Added +19.3k +19,338
16 VPR Management LLC 10.01% of their portfolio HOUSTON, TX 528,203528.2k $19.2m $19.2m 10.01% Unchanged
17 Cullen/Frost Bankers, Inc. 0.26% of their portfolio San Antonio, TX 516,685516.7k $18.8m $18.8m 0.26% Reduced -280.6k -280,631
18 Pure Financial Advisors, LLC 0.40% of their portfolio SAN DIEGO, CA 482,919482.9k $17.6m $17.6m 0.40% Added +37.0k +36,971
19 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 469,683469.7k $17.1m $17.1m 0.01% First filing
20 Colony Family Offices, LLC 4.79% of their portfolio CHARLOTTE, NC 419,069419.1k $15.2m $15.2m 4.79% Added +4.6k +4,648
21 UBS Group AG 0.00% of their portfolio ZURICH, V8 396,749396.7k $14.4m $14.4m 0.00% Reduced -223.6k -223,586
22 CENTRAL TRUST Co 0.33% of their portfolio JEFFERSON CITY, MO 375,878375.9k $13.7m $13.7m 0.33% Reduced -51.9k -51,906
23 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 371,910371.9k $13.5m $13.5m 0.00% Added +21.1k +21,118
24 Navalign, LLC 3.72% of their portfolio ENCINO, CA 348,338348.3k $12.7m $12.7m 3.72% Added +19.7k +19,743
25 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 343,072343.1k $12.5m $12.5m 0.00% Reduced -7.4k -7,355
26 Pasadena Private Wealth, LLC 2.45% of their portfolio PASADENA, CA 327,998328.0k $11.9m $11.9m 2.45% Added +56.8k +56,792
27 Barry Investment Advisors, LLC 3.70% of their portfolio NEW BEDFORD, MA 316,176316.2k $11.5m $11.5m 3.70% Reduced -1.4k -1,420
28 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 298,320298.3k $10.8m $10.8m 0.00% Reduced -6.3k -6,349
29 FLOW TRADERS U.S. LLC 0.40% of their portfolio NEW YORK, NY 277,950277.9k $10.1m $10.1m 0.40% Reduced -13.7k -13,748
30 Farmers National Bank 2.71% of their portfolio DANVILLE, KY 255,459255.5k $9.3m $9.3m 2.71% First filing
31 Envestnet Portfolio Solutions, Inc. 0.03% of their portfolio BERWYN, PA 230,793230.8k $8.4m $8.4m 0.03% Reduced -6.0k -6,035
32 Latigo Investments, LLC 4.25% of their portfolio FORT LAUDERDALE, FL 230,000230.0k $8.4m $8.4m 4.25% Unchanged
33 ARKANSAS FINANCIAL GROUP, INC. 1.32% of their portfolio LITTLE ROCK, AR 225,079225.1k $8.2m $8.2m 1.32% Reduced -2.0k -1,969
34 GREENLEAF TRUST 0.07% of their portfolio KALAMAZOO, MI 212,584212.6k $7.7m $7.7m 0.07% Reduced -2.0k -1,971
35 STEPH & CO 2.58% of their portfolio MARINETTE, WI 210,610210.6k $7.7m $7.7m 2.58% Reduced -98.7k -98,745
36 Pathway Financial Advisors LLC 1.75% of their portfolio SOUTH BURLINGTON, VT 208,842208.8k $7.6m $7.6m 1.75% Added +1.2k +1,195
37 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 201,646201.6k $7.3m $7.3m 0.00% Reduced -110.0k -109,961
38 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 197,080197.1k $7.2m $7.2m 0.00% Unchanged
39 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 195,802195.8k $7.1m $7.1m 0.01% Reduced -1.8k -1,833
40 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 190,371190.4k $6.9m $6.9m 0.00% Added +1.4k +1,447
41 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 185,986186.0k $6.8m $6.8m 0.01% Added +130.5k +130,524
42 IAG Wealth Partners, LLC 1.16% of their portfolio WAUKESHA, WI 180,546180.5k $6.6m $6.6m 1.16% Added +13.7k +13,745
43 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 179,457179.5k $6.5m $6.5m 0.01% Reduced -67.4k -67,386
44 Boltwood Capital Management 1.95% of their portfolio WALNUT CREEK, CA 175,902175.9k $6.4m $6.4m 1.95% Added +10.6k +10,606
45 Wealthcare Advisory Partners LLC 0.17% of their portfolio WEST CHESTER, PA 167,145167.1k $6.1m $6.1m 0.17% Reduced -19.1k -19,070
46 SVB WEALTH LLC 0.11% of their portfolio BOSTON, MA 164,467164.5k $6.0m $6.0m 0.11% New
47 Quadrature Capital Ltd 0.12% of their portfolio LONDON, X0 164,087164.1k $6.0m $6.0m 0.12% New
48 GTS SECURITIES LLC 0.28% of their portfolio NEW YORK, NY 160,235160.2k $5.8m $5.8m 0.28% New
49 MAI Capital Management 0.04% of their portfolio INDEPENDENCE, OH 159,064159.1k $5.8m $5.8m 0.04% Added +2.3k +2,279
50 Brio Consultants, LLC 0.89% of their portfolio SAN FRANCISCO, CA 157,178157.2k $5.7m $5.7m 0.89% Reduced -6.3k -6,279
51 United Bank 2.39% of their portfolio Zebulon, GA 155,698155.7k $5.7m $5.7m 2.39% Added +5.4k +5,411
52 Enterprise Bank & Trust Co 1.84% of their portfolio LOWELL, MA 153,341153.3k $5.6m $5.6m 1.84% Reduced -310.4k -310,370
53 Roehl & Yi Investment Advisors, LLC 2.94% of their portfolio Eugene, OR 146,915146.9k $5.3m $5.3m 2.94% First filing
54 CoreCap Advisors, LLC 0.22% of their portfolio SOUTHFIELD, MI 132,457132.5k $4.8m $4.8m 0.22% Added +12.7k +12,675
55 Austin Wealth Management, LLC 1.05% of their portfolio Austin, TX 132,209132.2k $5.1m $5.1m 1.05% Added +4.1k +4,118
56 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 130,455130.5k $4.7m $4.7m 0.01% New
57 Avos Capital Management, LLC 3.87% of their portfolio SEATTLE, WA 125,767125.8k $4.8m $4.8m 3.87% First filing
58 Beacon Pointe Advisors, LLC 0.05% of their portfolio NEWPORT BEACH, CA 125,652125.7k $4.6m $4.6m 0.05% Reduced -7.7k -7,716
59 LAKE STREET ADVISORS GROUP, LLC 0.20% of their portfolio PORTSMOUTH, NH 121,701121.7k $4.4m $4.4m 0.20% Added +4 +4
60 BESSEMER GROUP INC 0.01% of their portfolio WOODBRIDGE, NJ 119,332119.3k $4.3m $4.3m 0.01% Reduced -4.9k -4,881
61 Cornerstone National Bank & Trust Co 1.99% of their portfolio PALATINE, IL 119,244119.2k $4.3m $4.3m 1.99% Reduced -8.4k -8,435
62 VeraBank, N.A. 1.20% of their portfolio HENDERSON, TX 117,490117.5k $4.3m $4.3m 1.20% Reduced -109.0k -109,037
63 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 117,363117.4k $4.3m $4.3m 0.01% Added +374 +374
64 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 113,666113.7k $4.1m $4.1m 0.00% Added +1.5k +1,496
65 Fermata Advisors, LLC 0.75% of their portfolio SONOMA, CA 111,009111.0k $4.0m $4.0m 0.75% Added +9.1k +9,075
66 Clark Capital Management Group, Inc. 0.03% of their portfolio PHILADELPHIA, PA 110,718110.7k $4.0m $4.0m 0.03% New
67 NICOLET ADVISORY SERVICES, LLC 0.36% of their portfolio GREEN BAY, WI 105,642105.6k $3.9m $3.9m 0.36% Added +26.9k +26,896
68 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 102,800102.8k $3.7m $3.7m 0.01% New
69 S. R. Schill & Associates 2.89% of their portfolio MERCER ISLAND, WA 94,97595.0k $3.5m $3.5m 2.89% Reduced -8.8k -8,796
70 Columbus Macro, LLC 0.43% of their portfolio NEW CASTLE, PA 85,12385.1k $3.1m $3.1m 0.43% Added +65.7k +65,726
71 Kingsview Wealth Management, LLC 0.06% of their portfolio GRANTS PASS, OR 83,42083.4k $3.0m $3.0m 0.06% New
72 HORIZON BANCORP INC /IN/ 1.38% of their portfolio MICHIGAN CITY, IN 80,77580.8k $2.9m $2.9m 1.38% Reduced -15.9k -15,936
73 Money Design Co.,Ltd. 0.14% of their portfolio TOKYO, M0 77,52577.5k $2.8m $2.8m 0.14% Reduced -13.4k -13,397
74 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 76,03576.0k $2.8m $2.8m 0.00% Added +17.6k +17,582
75 Walkner Condon Financial Advisors LLC 0.56% of their portfolio MADISON, WI 75,28275.3k $2.7m $2.7m 0.56% Reduced -4.7k -4,661
76 Wealthfront Advisers LLC 0.01% of their portfolio Palo Alto, CA 73,44273.4k $2.7m $2.7m 0.01% Added +14.8k +14,773
77 Missouri Trust & Investment Co 0.84% of their portfolio SPRINGFIELD, MO 65,99166.0k $2.4m $2.4m 0.84% Added +3.9k +3,937
78 FDx Advisors, Inc. 0.70% of their portfolio BERWYN, PA 65,91265.9k $2.4m $2.4m 0.70% Reduced -3.5k -3,517
79 CVA Family Office, LLC 0.35% of their portfolio DENVER, CO 61,14961.1k $2.2m $2.2m 0.35% Reduced -9.5k -9,483
80 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 56,97557.0k $2.1m $2.1m 0.01% Reduced -6.7k -6,724
81 CITIZENS & NORTHERN CORP 0.56% of their portfolio WELLSBORO, PA 56,33856.3k $2.0m $2.0m 0.56% Reduced -470.3k -470,266
82 AlTi Global, Inc. 0.05% of their portfolio NEW YORK, NY 55,18055.2k $2.0m $2.0m 0.05% Added +1.2k +1,222
83 AXXCESS WEALTH MANAGEMENT, LLC 0.05% of their portfolio CARLSBAD, CA 55,07555.1k $2.0m $2.0m 0.05% Reduced -34.5k -34,504
84 Smallwood Wealth Investment Management, LLC 1.33% of their portfolio RED BANK, NJ 53,04353.0k $1.9m $1.9m 1.33% Added +20.8k +20,769
85 Etesian Wealth Advisors, Inc. 0.85% of their portfolio West Linn, OR 52,97453.0k $1.9m $1.9m 0.85% Added +4.3k +4,342
86 Purkiss Capital Advisors LLC 1.64% of their portfolio RIDGEFIELD, CT 52,11552.1k $1.9m $1.9m 1.64% First filing
87 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 48,71448.7k $1.8m $1.8m 0.00% Reduced -37.8k -37,836
88 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 46,63346.6k $1.7m $1.7m 0.01% Reduced -4.0k -3,962
89 NICOLET BANKSHARES INC 0.30% of their portfolio GREEN BAY, WI 41,74441.7k $1.5m $1.5m 0.30% Added +20.9k +20,931
90 MONECO ADVISORS, LLC 0.16% of their portfolio FAIRFIELD, CT 41,05041.0k $1.5m $1.5m 0.16% New
91 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 40,93240.9k $1.5m $1.5m 0.00% Added +12.0k +11,983
92 Community Bank, N.A. 0.19% of their portfolio DeWitt, NY 40,49940.5k $1.5m $1.5m 0.19% Added +145 +145
93 Aspen Grove Capital, LLC 0.29% of their portfolio AVON, CO 37,18437.2k $1.4m $1.4m 0.29% Unchanged
94 FIDUCIARY FINANCIAL GROUP, LLC 0.29% of their portfolio SAN RAFAEL, CA 36,56336.6k $1.3m $1.3m 0.29% New
95 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 36,54336.5k $1.3m $1.3m 0.00% Added +27.2k +27,187
96 PARK NATIONAL CORP /OH/ 0.05% of their portfolio NEWARK, OH 35,17135.2k $1.3m $1.3m 0.05% Reduced -3.3k -3,324
97 Independence Bank of Kentucky 0.19% of their portfolio OWENSBORO, KY 34,65134.7k $1.3m $1.3m 0.19% Reduced -7.7k -7,729
98 Stelac Advisory Services LLC 0.48% of their portfolio NEW YORK, NY 33,78833.8k $1.2m $1.2m 0.48% Unchanged
99 BLACK POINT WEALTH MANAGEMENT 1.37% of their portfolio NAPLES, FL 32,52432.5k $1.2m $1.2m 1.37% Added +1.7k +1,676
100 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 30,36330.4k $1.1m $1.1m 0.00% Reduced -1.4k -1,447