Vault-13

FLEXSHARES TR TDTT

IBOXX 3R TARGT · ETP · CUSIP 33939L506

103 institutional holders +6 vs Q3 2024
79,133,94579.1m shares reported held*
$1.9bnreported value*
14 new 34 added 30 reduced 11 sold out net bought ≈ $243.2m (+10.3m 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 ≈ $23.59. Options: 1 managers hold calls ($0 notional), 0 hold puts (—).

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 119Q4 22: 122Q1 23: 123Q2 23: 114Q3 23: 107Q4 23: 106Q1 24: 95Q2 24: 108Q3 24: 97Q4 24: 103103Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022119
Q4 2022122
Q1 2023123
Q2 2023114
Q3 2023107
Q4 2023106
Q1 202495
Q2 2024108
Q3 202497
Q4 2024103

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 23: 52 bought or addedQ1 23: 57 cut or sold outQ2 23: 34 bought or addedQ2 23: 75 cut or sold outQ2 23Q3 23: 34 bought or addedQ3 23: 67 cut or sold outQ4 23: 33 bought or addedQ4 23: 70 cut or sold outQ4 23Q1 24: 33 bought or addedQ1 24: 63 cut or sold outQ2 24: 42 bought or addedQ2 24: 52 cut or sold outQ2 24Q3 24: 33 bought or addedQ3 24: 62 cut or sold outQ4 24: 48 bought or addedQ4 24: 41 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 20235257
Q2 20233475
Q3 20233467
Q4 20233370
Q1 20243363
Q2 20244252
Q3 20243362
Q4 20244841

Biggest buyers

NORTHERN TRUST CORP Added +9,622,582+9.6m
5th Street Advisors, LLC New +433,805+433.8k
WELLS FARGO & COMPANY/MN Added +304,259+304.3k
ENVESTNET ASSET MANAGEMENT INC Added +165,489+165.5k
CITADEL ADVISORS LLC New +137,854+137.9k
MORGAN STANLEY Added +36,395+36.4k
Focus Partners Wealth Added +34,431+34.4k
PARK NATIONAL CORP /OH/ Added +32,795+32.8k
F/m Investments LLC New +31,528+31.5k
Boltwood Capital Management Added +27,613+27.6k

Biggest sellers

Deane Retirement Strategies, Inc. Sold out -155,883-155.9k
IFG Advisory, LLC Reduced -113,693-113.7k
HORIZON BANCORP INC /IN/ Reduced -95,159-95.2k
Dynamic Advisor Solutions LLC Reduced -61,673-61.7k
STIFEL FINANCIAL CORP Reduced -44,829-44.8k
Herold Advisors, Inc. Sold out -42,721-42.7k
Cornerstone National Bank & Trust Co Reduced -31,389-31.4k
BANK OF AMERICA CORP /DE/ Reduced -24,419-24.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -22,521-22.5k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -19,489-19.5k

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 0.23% of their portfolio CHICAGO, IL 68,508,83668.5m $1.6bn $1.6bn 0.23% Added +9.6m +9,622,582
2 Bell Investment Advisors, Inc 7.79% of their portfolio ORINDA, CA 1,767,8721.8m $41.7m $41.7m 7.79% Added +10.0k +9,955
3 WEST PACES ADVISORS INC. 6.49% of their portfolio ATLANTA, GA 1,127,7001.1m $26.6m $26.6m 6.49% Added +9.2k +9,216
4 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 992,772992.8k $23.4m $23.4m 0.01% Added +165.5k +165,489
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 749,835749.8k $17.7m $17.7m 0.00% Added +36.4k +36,395
6 Boltwood Capital Management 4.07% of their portfolio WALNUT CREEK, CA 565,629565.6k $13.3m $13.3m 4.07% Added +27.6k +27,613
7 Valmark Advisers, Inc. 0.19% of their portfolio AKRON, OH 506,350506.4k $11.9m $11.9m 0.19% Added +2.0k +1,965
8 5th Street Advisors, LLC 5.32% of their portfolio Southport, CT 433,805433.8k $10.2m $10.2m 5.32% New
9 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 379,885379.9k $9.0m $9.0m 0.00% Added +304.3k +304,259
10 VeraBank, N.A. 2.40% of their portfolio HENDERSON, TX 361,491361.5k $8.5m $8.5m 2.40% Added +16.4k +16,385
11 HORIZON BANCORP INC /IN/ 4.00% of their portfolio MICHIGAN CITY, IN 359,278359.3k $8.5m $8.5m 4.00% Reduced -95.2k -95,159
12 Cornerstone National Bank & Trust Co 3.69% of their portfolio PALATINE, IL 340,422340.4k $8.0m $8.0m 3.69% Reduced -31.4k -31,389
13 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 327,746327.7k $7.7m $7.7m 0.03% Added +27.6k +27,591
14 Klingman & Associates, LLC 0.44% of their portfolio New York, NY 306,010306.0k $7.2m $7.2m 0.44% Reduced -7.5k -7,509
15 Delos Wealth Advisors, LLC 3.66% of their portfolio DALLAS, TX 194,658194.7k $4.6m $4.6m 3.66% Added +16.5k +16,496
16 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 156,163156.2k $3.7m $3.7m 0.00% Added +10.8k +10,832
17 LAKE STREET PRIVATE WEALTH, LLC 0.55% of their portfolio CHICAGO, IL 146,615146.6k $3.5m $3.5m 0.55% Added +6.7k +6,702
18 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 137,854137.9k $3.3m $3.3m 0.00% New
19 Burt Wealth Advisors 0.82% of their portfolio North Bethesda, MD 136,712136.7k $3.2m $3.2m 0.82% Reduced -6.5k -6,525
20 FLOW TRADERS U.S. LLC 0.11% of their portfolio NEW YORK, NY 112,100112.1k $2.6m $2.6m 0.11% Added +18.9k +18,941
21 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 105,502105.5k $2.5m $2.5m 0.00% Added +34.4k +34,431
22 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 94,68594.7k $2.2m $2.2m 0.00% First filing
23 IFG Advisory, LLC 0.12% of their portfolio ATLANTA, GA 90,02690.0k $2.1m $2.1m 0.12% Reduced -113.7k -113,693
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 86,81886.8k $2.0m $2.0m 0.00% Reduced -24.4k -24,419
25 PARK NATIONAL CORP /OH/ 0.07% of their portfolio NEWARK, OH 80,24180.2k $1.9m $1.9m 0.07% Added +32.8k +32,795
26 VestGen Investment Management 0.37% of their portfolio EGG HARBOR TOWNSHIP, NJ 57,74457.7k $1.4m $1.4m 0.37% Added +7.0k +7,045
27 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 55,47655.5k $1.3m $1.3m 0.00% Reduced -17.1k -17,099
28 Bolthouse Investments, LLC 1.14% of their portfolio Bakersfield, CA 52,21452.2k $1.2m $1.2m 1.14% First filing
29 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 41,10141.1k $969.6k $969.6k 0.00% Added +8.4k +8,433
30 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 38,85238.9k $917.0k $917.0k 0.00% Reduced -9.9k -9,865
31 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 37,61537.6k $887.0k $887.0k 0.00% Reduced -1.4k -1,442
32 TIEMANN INVESTMENT ADVISORS, LLC 0.36% of their portfolio MENLO PARK, CA 33,99134.0k $801.9k $801.9k 0.36% Added +3.5k +3,477
33 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 33,64433.6k $794.0k $794.0k 0.00% Reduced -19.5k -19,489
34 B. Riley Wealth Advisors, Inc. 0.03% of their portfolio MEMPHIS, TN 33,41933.4k $788.4k $788.4k 0.03% Reduced -2.5k -2,461
35 F/m Investments LLC 0.03% of their portfolio WASHINGTON, DC 31,52831.5k $743.7k $743.7k 0.03% New
36 MONECO ADVISORS, LLC 0.08% of their portfolio FAIRFIELD, CT 31,13031.1k $734.4k $734.4k 0.08% Reduced -1.2k -1,210
37 Trace Wealth Advisors, LLC 0.63% of their portfolio Los Angeles, CA 29,72629.7k $701.2k $701.2k 0.63% First filing
38 Lynx Investment Advisory 0.47% of their portfolio WASHINGTON, DC, DC 29,07629.1k $685.9k $685.9k 0.47% Reduced -7.7k -7,651
39 INTERACTIVE FINANCIAL ADVISORS, INC. 0.34% of their portfolio New Lenox, IL 27,56727.6k $650.3k $650.3k 0.34% Reduced -6.5k -6,549
40 Empirical Asset Management, LLC 0.21% of their portfolio WELLESLEY, MA 27,34027.3k $645.0k $645.0k 0.21% Added +1.5k +1,465
41 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 27,05627.1k $638.2k $638.2k 0.00% Reduced -44.8k -44,829
42 Dynamic Advisor Solutions LLC 0.02% of their portfolio PHOENIX, AZ 24,04424.0k $567.2k $567.2k 0.02% Reduced -61.7k -61,673
43 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 20,56220.6k $485.1k $485.1k 0.00% Added +7.9k +7,859
44 GREENLEAF TRUST 0.00% of their portfolio KALAMAZOO, MI 18,14618.1k $428.1k $428.1k 0.00% Reduced -3.2k -3,211
45 TWO SIGMA SECURITIES, LLC 0.08% of their portfolio NEW YORK, NY 18,13218.1k $427.7k $427.7k 0.08% New
46 WEDBUSH SECURITIES INC 0.02% of their portfolio PASADENA, CA 17,98118.0k $424.0k $424.0k 0.02% Reduced -1.6k -1,579
47 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 17,95118.0k $423.5k $423.5k 0.00% Reduced -22.5k -22,521
48 Cherry Tree Wealth Management, LLC 0.10% of their portfolio MINNETONKA, MN 17,45217.5k $411.7k $411.7k 0.10% Added +1.3k +1,324
49 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 16,37116.4k $386.2k $386.2k 0.01% Unchanged
50 UBS Group AG 0.00% of their portfolio ZURICH, V8 16,35716.4k $385.9k $385.9k 0.00% Added +6.1k +6,103
51 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 16,13616.1k $380.6k $380.6k 0.01% Reduced -1.4k -1,397
52 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 16,04616.0k $378.5k $378.5k 0.00% New
53 M.E. ALLISON & CO., INC. 0.41% of their portfolio SAN ANTONIO, TX 15,95916.0k $376.5k $376.5k 0.41% First filing
54 CHOREO, LLC 0.01% of their portfolio ROCKFORD, IL 15,00015.0k $354.0k $354.0k 0.01% Reduced -2.5k -2,487
55 Kovack Advisors, Inc. 0.03% of their portfolio FT. LAUDERDALE, FL 15,00015.0k $353.9k $353.9k 0.03% Unchanged
56 Freedom Investment Management, Inc. 0.03% of their portfolio SOUTH WINDSOR, CT 14,45614.5k $341.0k $341.0k 0.03% Reduced -23 -23
57 Archer Investment Corp 0.09% of their portfolio Carmel, IN 14,34814.3k $338.5k $338.5k 0.09% Unchanged
58 Forza Wealth Management, LLC 0.15% of their portfolio SARASOTA, FL 14,00014.0k $330.3k $330.3k 0.15% Unchanged
59 Cullen/Frost Bankers, Inc. 0.00% of their portfolio San Antonio, TX 13,57513.6k $320.2k $320.2k 0.00% New
60 Holcombe Financial, Inc. 0.25% of their portfolio ATLANTA, GA 13,11313.1k $309.3k $309.3k 0.25% First filing
61 AWM CAPITAL, LLC 0.04% of their portfolio Phoenix, AZ 12,81712.8k $302.4k $302.4k 0.04% Reduced -5.9k -5,924
62 Focus Financial Network, Inc. 0.01% of their portfolio MINNEAPOLIS, MN 11,45711.5k $270.3k $270.3k 0.01% Reduced -205 -205
63 HIGHLINE WEALTH PARTNERS LLC 0.09% of their portfolio SHERMAN OAKS, CA 11,41111.4k $269.2k $269.2k 0.09% Unchanged
64 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 11,18111.2k $263.8k $263.8k 0.01% Added +3.6k +3,637
65 FFT WEALTH MANAGEMENT LLC 0.02% of their portfolio PHILADELPHIA, PA 10,71910.7k $252.9k $252.9k 0.02% Unchanged
66 Parallel Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 10,60710.6k $250.2k $250.2k 0.01% Unchanged
67 OneAscent Wealth Management LLC 0.10% of their portfolio BIRMINGHAM, AL 10,42710.4k $246.0k $246.0k 0.10% Reduced -3.3k -3,298
68 ABSOLUTE CAPITAL MANAGEMENT, LLC 0.13% of their portfolio Pittsburgh, PA 10,21210.2k $241.0k $241.0k 0.13% Added +1.5k +1,478
69 Gerber Kawasaki Wealth & Investment Management 0.01% of their portfolio SANTA MONICA, CA 9,0919.1k $214.5k $214.5k 0.01% Reduced -3.7k -3,686
70 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 8,5738.6k $202.2k $202.2k 0.00% New
71 EP Wealth Advisors, LLC 0.00% of their portfolio TORRANCE, CA 6,9266.9k $163.4k $163.4k 0.00% New
72 CENTAURUS FINANCIAL, INC. 0.01% of their portfolio ANAHEIM, CA 6,2756.3k $148.0k $148.0k 0.01% Added +755 +755
73 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 4,7374.7k $111.7k $111.7k 0.00% New
74 Caldwell Trust Co 0.01% of their portfolio Venice, FL 4,4374.4k $104.7k $104.7k 0.01% Added +263 +263
75 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 4,3584.4k $102.8k $102.8k 0.00% Unchanged
76 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 3,8163.8k $90.0k $90.0k 0.00% Unchanged
77 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,6943.7k $87.1k $87.1k 0.00% Reduced -410 -410
78 COMERICA BANK 0.00% of their portfolio DALLAS, TX 3,5463.5k $83.7k $83.7k 0.00% Added +742 +742
79 MassMutual Private Wealth & Trust, FSB 0.00% of their portfolio Windsor, CT 2,9773.0k $70.2k $70.2k 0.00% Unchanged
80 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,8032.8k $66.1k $66.1k 0.00% Added +5 +5
81 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 1,5891.6k $37.5k $37.5k 0.00% Reduced -595 -595
82 Grove Bank & Trust 0.00% of their portfolio Miami, FL 1,4241.4k $33.6k $33.6k 0.00% New
83 MARQUETTE ASSOCIATES, INC. 0.02% of their portfolio CHICAGO, IL 1,1801.2k $27.8k $27.8k 0.02% Added +195 +195
84 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,0531.1k $25.0k $25.0k 0.00% Unchanged
85 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,0231.0k $24.1k $24.1k 0.00% Added +271 +271
86 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 1,0001.0k $23.6k $23.6k 0.00% Unchanged
87 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 642642 $15.1k $15.1k 0.00% Unchanged
88 Versant Capital Management, Inc 0.00% of their portfolio PHOENIX, AZ 584584 $13.8k $13.8k 0.00% Unchanged
89 ORG Partners LLC 0.00% of their portfolio ROANOKE, IN 518518 $12.2k $12.2k 0.00% New
90 Key Financial Inc 0.00% of their portfolio WEST CHESTER, PA 481481 $11.3k $11.3k 0.00% Unchanged
91 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 475475 $11.2k $11.2k 0.00% Unchanged
92 Bank of New Hampshire 0.00% of their portfolio LACONIA, NH 435435 $10.3k $10.3k 0.00% New
93 OPTIMUM INVESTMENT ADVISORS 0.00% of their portfolio Chicago, IL 393393 $9.3k $9.3k 0.00% Unchanged
94 FMR LLC 0.00% of their portfolio BOSTON, MA 337337 $8.0k $8.0k 0.00% Reduced -5 -5
95 Wilmington Savings Fund Society, FSB 0.00% of their portfolio WILMINGTON, DE 336336 $7.9k $7.9k 0.00% New
96 Activest Wealth Management 0.00% of their portfolio AVENTURA, FL 317317 $7.5k $7.5k 0.00% Added +3 +3
97 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 296296 $7.0k $7.0k 0.00% Reduced -331 -331
98 PSI Advisors, LLC 0.00% of their portfolio TAMPA, FL 254254 $6.0k $6.0k 0.00% Added +17 +17
99 Cornerstone Planning Group LLC 0.00% of their portfolio FAIRFIELD, NJ 211211 $5.0k $5.0k 0.00% Added +1 +1
100 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 139139 $3.3k $3.3k 0.00% New