Vault-13

FLEXSHARES TR TDTT

IBOXX 3R TARGT · ETP · CUSIP 33939L506

106 institutional holders -1 vs Q3 2023
73,916,64973.9m shares reported held*
$1.7bnreported value*
15 new 18 added 49 reduced 21 sold out net sold ≈ $119.0m (-5.1m 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. Holder counts are more reliable. Implied quarter-end price ≈ $23.62. Options: 1 managers hold calls ($0 notional), 0 hold puts (—).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 119Q4 22: 122Q1 23: 123Q2 23: 114Q3 23: 107Q4 23: 106106Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022119
Q4 2022122
Q1 2023123
Q2 2023114
Q3 2023107
Q4 2023106

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 45 bought or addedQ4 22: 70 cut or sold outQ4 22Q1 23: 52 bought or addedQ1 23: 57 cut or sold outQ1 23Q2 23: 34 bought or addedQ2 23: 75 cut or sold outQ2 23Q3 23: 34 bought or addedQ3 23: 67 cut or sold outQ3 23Q4 23: 33 bought or addedQ4 23: 70 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20224570
Q1 20235257
Q2 20233475
Q3 20233467
Q4 20233370

Biggest buyers

MORGAN STANLEY Added +676,723+676.7k
Boltwood Capital Management Added +235,741+235.7k
Burt Wealth Advisors New +148,003+148.0k
OLD MISSION CAPITAL LLC New +85,748+85.7k
CITADEL ADVISORS LLC Added +45,927+45.9k
RENAISSANCE TECHNOLOGIES LLC New +42,900+42.9k
GREENLEAF TRUST Added +26,673+26.7k
AWM CAPITAL, LLC New +26,408+26.4k
COMMONWEALTH EQUITY SERVICES, LLC Added +24,910+24.9k
B. Riley Wealth Advisors, Inc. New +24,803+24.8k

Biggest sellers

NORTHERN TRUST CORP Reduced -3,403,692-3.4m
JANE STREET GROUP, LLC Reduced -585,651-585.7k
Cerity Partners LLC Reduced -544,575-544.6k
Klingman & Associates, LLC Reduced -341,950-341.9k
WELLS FARGO & COMPANY/MN Reduced -197,853-197.9k
Cornerstone National Bank & Trust Co Reduced -195,955-196.0k
ROYAL BANK OF CANADA Reduced -121,050-121.0k
ENVESTNET ASSET MANAGEMENT INC Reduced -95,324-95.3k
WEST PACES ADVISORS INC. Reduced -95,131-95.1k
FLOW TRADERS U.S. LLC Reduced -87,154-87.2k

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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.27% of their portfolio CHICAGO, IL 63,052,21963.1m $1.5bn $1.5bn 0.27% Reduced -3.4m -3,403,692
2 Bell Investment Advisors, Inc 7.88% of their portfolio ORINDA, CA 1,625,3181.6m $38.4m $38.4m 7.88% Reduced -31.8k -31,794
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,387,0761.4m $32.8m $32.8m 0.00% Added +676.7k +676,723
4 WEST PACES ADVISORS INC. 7.63% of their portfolio ATLANTA, GA 1,149,7551.1m $27.2m $27.2m 7.63% Reduced -95.1k -95,131
5 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 739,809739.8k $17.5m $17.5m 0.01% Reduced -95.3k -95,324
6 Klingman & Associates, LLC 1.07% of their portfolio New York, NY 618,682618.7k $14.6m $14.6m 1.07% Reduced -341.9k -341,950
7 Valmark Advisers, Inc. 0.22% of their portfolio AKRON, OH 507,048507.0k $12.0m $12.0m 0.22% Reduced -11.9k -11,916
8 Cornerstone National Bank & Trust Co 5.56% of their portfolio PALATINE, IL 439,119439.1k $10.4m $10.4m 5.56% Reduced -196.0k -195,955
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 338,524338.5k $8.0m $8.0m 0.00% Reduced -54.9k -54,926
10 VeraBank, N.A. 2.55% of their portfolio HENDERSON, TX 320,645320.6k $7.6m $7.6m 2.55% Added +17.8k +17,784
11 Boltwood Capital Management 2.25% of their portfolio WALNUT CREEK, CA 287,481287.5k $6.8m $6.8m 2.25% Added +235.7k +235,741
12 Dynamic Advisor Solutions LLC 0.22% of their portfolio PHOENIX, AZ 246,590246.6k $5.8m $5.8m 0.22% Reduced -52.4k -52,440
13 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 224,285224.3k $5.3m $5.3m 0.02% Reduced -58.3k -58,331
14 IFG Advisory, LLC 0.38% of their portfolio ATLANTA, GA 217,515217.5k $5.1m $5.1m 0.38% Reduced -14.8k -14,774
15 Burt Wealth Advisors 1.00% of their portfolio North Bethesda, MD 148,003148.0k $3.5m $3.5m 1.00% New
16 Delos Wealth Advisors, LLC 4.82% of their portfolio DALLAS, TX 137,957138.0k $3.3m $3.3m 4.82% Reduced -21.8k -21,848
17 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 137,814137.8k $3.3m $3.3m 0.00% Reduced -27.5k -27,481
18 ETF Store, Inc. 1.67% of their portfolio OVERLAND PARK, KS 109,489109.5k $2.6m $2.6m 1.67% Reduced -29.7k -29,696
19 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 108,788108.8k $2.6m $2.6m 0.00% Reduced -4.5k -4,539
20 LAKE STREET PRIVATE WEALTH, LLC 0.40% of their portfolio CHICAGO, IL 107,864107.9k $2.5m $2.5m 0.40% Reduced -3.5k -3,503
21 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 105,800105.8k $2.5m $2.5m 0.00% Added +24.9k +24,910
22 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 103,942103.9k $2.5m $2.5m 0.00% Reduced -29.8k -29,784
23 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 103,030103.0k $2.4m $2.4m 0.00% Reduced -121.0k -121,050
24 Focus Partners Wealth 0.03% of their portfolio ST LOUIS, MO 100,534100.5k $2.4m $2.4m 0.03% First filing
25 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 99,16699.2k $2.3m $2.3m 0.00% Reduced -585.7k -585,651
26 PARK NATIONAL CORP /OH/ 0.09% of their portfolio NEWARK, OH 94,43294.4k $2.2m $2.2m 0.09% Added +4.2k +4,162
27 OLD MISSION CAPITAL LLC 0.06% of their portfolio CHICAGO, IL 85,74885.7k $2.0m $2.0m 0.06% New
28 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 80,70480.7k $1.9m $1.9m 0.00% Reduced -197.9k -197,853
29 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 63,21363.2k $1.5m $1.5m 0.00% Added +45.9k +45,927
30 MONECO ADVISORS, LLC 0.25% of their portfolio FAIRFIELD, CT 56,29856.3k $1.3m $1.3m 0.25% Reduced -6.5k -6,475
31 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 55,99756.0k $1.3m $1.3m 0.00% Reduced -544.6k -544,575
32 TIEMANN INVESTMENT ADVISORS, LLC 0.64% of their portfolio MENLO PARK, CA 55,38355.4k $1.3m $1.3m 0.64% Reduced -8.6k -8,621
33 Herold Advisors, Inc. 0.35% of their portfolio New York, NY 53,47153.5k $1.3m $1.3m 0.35% Added +505 +505
34 FLOW TRADERS U.S. LLC 0.03% of their portfolio NEW YORK, NY 47,75547.8k $1.1m $1.1m 0.03% Reduced -87.2k -87,154
35 UNION SAVINGS BANK 0.62% of their portfolio LITCHFIELD, CT 46,37946.4k $1.1m $1.1m 0.62% Reduced -15.8k -15,751
36 VestGen Investment Management 0.34% of their portfolio EGG HARBOR TOWNSHIP, NJ 44,83944.8k $1.1m $1.1m 0.34% Reduced -20.0k -20,019
37 Legacy Bridge, LLC 0.67% of their portfolio WEST DES MOINES, IA 44,03544.0k $1.0m $1.0m 0.67% Reduced -9.3k -9,340
38 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 42,90042.9k $1.0m $1.0m 0.00% New
39 GREENLEAF TRUST 0.01% of their portfolio KALAMAZOO, MI 39,95640.0k $943.8k $943.8k 0.01% Added +26.7k +26,673
40 Empirical Asset Management, LLC 0.76% of their portfolio WELLESLEY, MA 39,66939.7k $937.0k $937.0k 0.76% Reduced -1.5k -1,467
41 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 38,60338.6k $912.0k $912.0k 0.00% Reduced -3.1k -3,146
42 Wealthcare Advisory Partners LLC 0.04% of their portfolio WEST CHESTER, PA 38,15038.1k $901.1k $901.1k 0.04% Added +4.2k +4,242
43 UBS Group AG 0.00% of their portfolio ZURICH, V8 36,33436.3k $858.2k $858.2k 0.00% Added +3.2k +3,161
44 FIDUCIENT ADVISORS LLC 0.15% of their portfolio Chicago, IL 34,32134.3k $810.7k $810.7k 0.15% Added +17.4k +17,381
45 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 32,56232.6k $769.1k $769.1k 0.00% Reduced -46.6k -46,648
46 AWM CAPITAL, LLC 0.11% of their portfolio Phoenix, AZ 26,40826.4k $623.8k $623.8k 0.11% New
47 B. Riley Wealth Advisors, Inc. 0.02% of their portfolio MEMPHIS, TN 24,80324.8k $585.8k $585.8k 0.02% New
48 Kovack Advisors, Inc. 0.06% of their portfolio FT. LAUDERDALE, FL 22,00022.0k $519.6k $519.6k 0.06% Unchanged
49 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 20,58420.6k $486.2k $486.2k 0.00% New
50 Geneos Wealth Management Inc. 0.02% of their portfolio ENGLEWOOD, CO 19,32719.3k $456.5k $456.5k 0.02% Added +5.5k +5,550
51 Significant Wealth Partners LLC 0.33% of their portfolio CARY, IL 19,29619.3k $455.8k $455.8k 0.33% First filing
52 Gerber Kawasaki Wealth & Investment Management 0.03% of their portfolio SANTA MONICA, CA 18,18418.2k $429.5k $429.5k 0.03% Reduced -3.6k -3,591
53 Virtue Capital Management, LLC 0.08% of their portfolio BRENTWOOD, TN 17,45517.5k $411.2k $411.2k 0.08% Reduced -9.7k -9,679
54 Cherry Tree Wealth Management, LLC 0.11% of their portfolio MINNETONKA, MN 17,40017.4k $411.0k $411.0k 0.11% Added +6.6k +6,566
55 HIGHLINE WEALTH PARTNERS LLC 0.20% of their portfolio SHERMAN OAKS, CA 17,09417.1k $403.8k $403.8k 0.20% Reduced -8.2k -8,189
56 FOCUS FINANCIAL NETWORK INC /ADV 0.01% of their portfolio Minneapolis, MN 15,46315.5k $365.2k $365.2k 0.01% First filing
57 Sonoma Private Wealth LLC 0.57% of their portfolio San Francisco, CA 14,56414.6k $344.0k $344.0k 0.57% Reduced -3.7k -3,699
58 OneAscent Wealth Management LLC 0.14% of their portfolio BIRMINGHAM, AL 14,46014.5k $342.0k $342.0k 0.14% Reduced -474 -474
59 Freedom Investment Management, Inc. 0.03% of their portfolio SOUTH WINDSOR, CT 14,32214.3k $338.3k $338.3k 0.03% New
60 Sowell Financial Services LLC 0.02% of their portfolio NORTH LITTLE ROCK, AR 14,13914.1k $334.0k $334.0k 0.02% Reduced -61.6k -61,624
61 Forza Wealth Management, LLC 0.18% of their portfolio SARASOTA, FL 14,00014.0k $330.7k $330.7k 0.18% Unchanged
62 FFT WEALTH MANAGEMENT LLC 0.03% of their portfolio PHILADELPHIA, PA 12,83412.8k $303.1k $303.1k 0.03% Unchanged
63 Archer Investment Corp 0.09% of their portfolio Carmel, IN 11,82011.8k $279.2k $279.2k 0.09% Added +755 +755
64 Endowment Wealth Management, Inc. 0.23% of their portfolio APPLETON, WI 11,49511.5k $271.5k $271.5k 0.23% Reduced -2.6k -2,588
65 3EDGE Asset Management, LP 0.02% of their portfolio Naples, FL 11,03511.0k $260.6k $260.6k 0.02% New
66 Parallel Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 10,60810.6k $250.6k $250.6k 0.01% Added +1 +1
67 Colonial River Investments, LLC 0.15% of their portfolio MIDLOTHIAN, VA 10,56110.6k $249.4k $249.4k 0.15% Reduced -16.0k -15,987
68 PINNACLE ASSOCIATES LTD 0.00% of their portfolio NEW YORK, NY 10,19010.2k $240.7k $240.7k 0.00% Reduced -4.0k -4,023
69 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 9,1479.1k $216.1k $216.1k 0.00% Added +43 +43
70 COURIER CAPITAL LLC 0.02% of their portfolio BUFFALO, NY 8,9288.9k $210.9k $210.9k 0.02% Reduced -313 -313
71 PRIVATE CLIENT SERVICES, LLC 0.17% of their portfolio LOUISVILLE, KY 8,5948.6k $203.0k $203.0k 0.17% First filing
72 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 6,1506.2k $145.3k $145.3k 0.00% New
73 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 5,2155.2k $123.2k $123.2k 0.00% Unchanged
74 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 5,0205.0k $118.6k $118.6k 0.00% Reduced -1.8k -1,833
75 CWM, LLC 0.00% of their portfolio OMAHA, NE 4,6304.6k $109.0k $109.0k 0.00% Reduced -647 -647
76 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 4,3584.4k $102.9k $102.9k 0.00% Unchanged
77 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 4,2244.2k $99.8k $99.8k 0.00% New
78 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 4,0004.0k $94.5k $94.5k 0.00% New
79 Advisors Asset Management, Inc. 0.00% of their portfolio Monument, CO 3,9453.9k $93.2k $93.2k 0.00% Reduced -34 -34
80 INTERACTIVE FINANCIAL ADVISORS, INC. 0.22% of their portfolio New Lenox, IL 3,8203.8k $414.1k $414.1k 0.22% Reduced -28.4k -28,381
81 COMERICA BANK 0.00% of their portfolio DALLAS, TX 3,6973.7k $87.3k $87.3k 0.00% Added +1.4k +1,400
82 Caldwell Trust Co 0.01% of their portfolio Venice, FL 3,6743.7k $86.8k $86.8k 0.01% Unchanged
83 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 3,5403.5k $83.7k $83.7k 0.00% New
84 HOLLENCREST CAPITAL MANAGEMENT 0.01% of their portfolio NEWPORT BEACH, CA 3,5363.5k $83.5k $83.5k 0.01% Unchanged
85 BFSG, LLC 0.01% of their portfolio IRVINE, CA 2,5862.6k $61.1k $61.1k 0.01% New
86 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2,5342.5k $59.9k $59.9k 0.00% Reduced -3.3k -3,254
87 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 2,1372.1k $50.5k $50.5k 0.00% New
88 CENTRAL TRUST Co 0.00% of their portfolio JEFFERSON CITY, MO 1,5181.5k $35.9k $35.9k 0.00% Unchanged
89 MARQUETTE ASSOCIATES, INC. 0.03% of their portfolio CHICAGO, IL 1,2841.3k $30.3k $30.3k 0.03% First filing
90 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 1,2771.3k $30.2k $30.2k 0.00% Unchanged
91 VOISARD ASSET MANAGEMENT GROUP, INC. 0.02% of their portfolio Grand Rapids, MI 1,2501.2k $29.5k $29.5k 0.02% First filing
92 FMR LLC 0.00% of their portfolio BOSTON, MA 1,1201.1k $26.5k $26.5k 0.00% Added +1.1k +1,119
93 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 1,0001.0k $23.6k $23.6k 0.00% First filing
94 MOTCO 0.00% of their portfolio SAN ANTONIO, TX 880880 $20.8k $20.8k 0.00% Unchanged
95 Versant Capital Management, Inc 0.00% of their portfolio PHOENIX, AZ 584584 $13.8k $13.8k 0.00% Reduced -900 -900
96 CNB Bank 0.01% of their portfolio CLEARFIELD, PA 550550 $13.0k $13.0k 0.01% Reduced -19 -19
97 Indiana Trust & Investment Management Co 0.01% of their portfolio MISHAWAKA, IN 522522 $12.3k $12.3k 0.01% Unchanged
98 Key Financial Inc 0.00% of their portfolio WEST CHESTER, PA 481481 $11.4k $11.4k 0.00% Reduced -549 -549
99 OPTIMUM INVESTMENT ADVISORS 0.00% of their portfolio Chicago, IL 393393 $9.3k $9.3k 0.00% Unchanged
100 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 381381 $9.0k $9.0k 0.00% Unchanged