Vault-13

FLEXSHARES TR TDTT

IBOXX 3R TARGT · ETP · CUSIP 33939L506

121 institutional holders +11 vs Q1 2026
102,788,472102.8m shares reported held*
$2.5bnreported value*
17 new 44 added 34 reduced 7 sold out net bought ≈ $36.2m (+1.5m 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 ≈ $23.91.

Trends to Q2 2026

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: 103Q1 25: 104Q2 25: 104Q3 25: 113Q4 25: 112Q1 26: 110Q2 26: 121121Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022119
Q4 2022122
Q1 2023123
Q2 2023114
Q3 2023107
Q4 2023106
Q1 202495
Q2 2024108
Q3 202497
Q4 2024103
Q1 2025104
Q2 2025104
Q3 2025113
Q4 2025112
Q1 2026110
Q2 2026121

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 33 bought or addedQ3 24: 62 cut or sold outQ4 24: 48 bought or addedQ4 24: 41 cut or sold outQ4 24Q1 25: 57 bought or addedQ1 25: 41 cut or sold outQ2 25: 50 bought or addedQ2 25: 50 cut or sold outQ2 25Q3 25: 52 bought or addedQ3 25: 47 cut or sold outQ4 25: 53 bought or addedQ4 25: 50 cut or sold outQ4 25Q1 26: 56 bought or addedQ1 26: 39 cut or sold outQ2 26: 61 bought or addedQ2 26: 41 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20243362
Q4 20244841
Q1 20255741
Q2 20255050
Q3 20255247
Q4 20255350
Q1 20265639
Q2 20266141

Biggest buyers

NORTHERN TRUST CORP Added +663,386+663.4k
5th Street Advisors, LLC Added +212,928+212.9k
WELLS FARGO & COMPANY/MN Added +189,869+189.9k
MML INVESTORS SERVICES, LLC Added +99,890+99.9k
MORGAN STANLEY Added +92,687+92.7k
Boltwood Capital Management Added +90,280+90.3k
IFG Advisory, LLC New +86,553+86.6k
MONECO ADVISORS, LLC Added +81,701+81.7k
WEST PACES ADVISORS INC. Added +74,534+74.5k
Bell Investment Advisors, Inc Added +57,009+57.0k

Biggest sellers

CITADEL ADVISORS LLC Sold out -104,930-104.9k
ROYAL BANK OF CANADA Reduced -77,093-77.1k
GOLDMAN SACHS GROUP INC Reduced -59,022-59.0k
FLOW TRADERS U.S. LLC Sold out -49,633-49.6k
Cornerstone National Bank & Trust Co Reduced -37,692-37.7k
BANK OF AMERICA CORP /DE/ Reduced -34,538-34.5k
HRT FINANCIAL LP Sold out -23,776-23.8k
Tower Research Capital LLC (TRC) Reduced -22,562-22.6k
Redhawk Wealth Advisors, Inc. Sold out -19,712-19.7k
Lynx Investment Advisory Reduced -17,611-17.6k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.25% of their portfolio CHICAGO, IL 88,847,86188.8m $2.1bn $2.1bn 0.25% Added +663.4k +663,386
2 Bell Investment Advisors, Inc 7.22% of their portfolio ORINDA, CA 2,056,0912.1m $49.2m $49.2m 7.22% Added +57.0k +57,009
3 WEST PACES ADVISORS INC. 5.64% of their portfolio ATLANTA, GA 1,407,1211.4m $33.6m $33.6m 5.64% Added +74.5k +74,534
4 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,349,4351.3m $32.3m $32.3m 0.01% Added +24.6k +24,634
5 Boltwood Capital Management 5.45% of their portfolio WALNUT CREEK, CA 995,568995.6k $23.8m $23.8m 5.45% Added +90.3k +90,280
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 993,765993.8k $23.8m $23.8m 0.00% Added +92.7k +92,687
7 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 818,600818.6k $19.6m $19.6m 0.00% Added +189.9k +189,869
8 5th Street Advisors, LLC 6.96% of their portfolio Southport, CT 751,610751.6k $18.0m $18.0m 6.96% Added +212.9k +212,928
9 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 563,305563.3k $13.5m $13.5m 0.03% Added +99.9k +99,890
10 Valmark Advisers, Inc. 0.12% of their portfolio AKRON, OH 484,847484.8k $11.6m $11.6m 0.12% Added +5.5k +5,495
11 VeraBank, N.A. 1.85% of their portfolio HENDERSON, TX 466,494466.5k $11.2m $11.2m 1.85% Added +20.8k +20,809
12 HORIZON BANCORP INC /IN/ 4.06% of their portfolio MICHIGAN CITY, IN 361,931361.9k $8.7m $8.7m 4.06% Reduced -4.7k -4,654
13 Klingman & Associates, LLC 0.27% of their portfolio New York, NY 264,386264.4k $6.3m $6.3m 0.27% Reduced -1.6k -1,633
14 Delos Wealth Advisors, LLC 3.02% of their portfolio DALLAS, TX 245,969246.0k $5.9m $5.9m 3.02% Added +45.9k +45,887
15 STRATEGIC INVESTMENT MANAGEMENT, LLC 1.96% of their portfolio ARLINGTON, VA 238,360238.4k $5.7m $5.7m 1.96% Unchanged
16 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 204,706204.7k $4.9m $4.9m 0.00% Reduced -34.5k -34,538
17 LAKE STREET PRIVATE WEALTH, LLC 0.55% of their portfolio CHICAGO, IL 200,569200.6k $4.8m $4.8m 0.55% Reduced -8.1k -8,053
18 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 195,047195.0k $4.7m $4.7m 0.00% Reduced -59.0k -59,022
19 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 173,896173.9k $4.2m $4.2m 0.00% Added +9.9k +9,927
20 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 123,638123.6k $3.0m $3.0m 0.00% Added +5.7k +5,744
21 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 119,642119.6k $2.9m $2.9m 0.00% Reduced -3.9k -3,888
22 MONECO ADVISORS, LLC 0.17% of their portfolio FAIRFIELD, CT 115,348115.3k $2.8m $2.8m 0.17% Added +81.7k +81,701
23 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 92,47492.5k $2.2m $2.2m 0.00% Reduced -6.0k -5,982
24 IFG Advisory, LLC 0.07% of their portfolio ATLANTA, GA 86,55386.6k $2.1m $2.1m 0.07% New
25 Emerald Investment Advisers, LLC 0.12% of their portfolio LEOLA, PA 76,28076.3k $1.8m $1.8m 0.12% Added +1.7k +1,723
26 Lynx Investment Advisory 0.55% of their portfolio WASHINGTON, DC, DC 69,58869.6k $1.7m $1.7m 0.55% Reduced -17.6k -17,611
27 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 67,22367.2k $1.6m $1.6m 0.00% Reduced -1.8k -1,819
28 VestGen Advisors, LLC 0.05% of their portfolio CHICAGO, IL 67,08967.1k $1.6m $1.6m 0.05% Reduced -3.0k -2,959
29 VestGen Investment Management 0.81% of their portfolio EGG HARBOR TOWNSHIP, NJ 63,64063.6k $1.5m $1.5m 0.81% Reduced -4.2k -4,191
30 PARK NATIONAL CORP /OH/ 0.04% of their portfolio NEWARK, OH 62,57662.6k $1.5m $1.5m 0.04% Added +1 +1
31 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 61,18461.2k $1.5m $1.5m 0.00% Added +29.2k +29,236
32 TIEMANN INVESTMENT ADVISORS, LLC 0.41% of their portfolio MENLO PARK, CA 47,83647.8k $1.1m $1.1m 0.41% Unchanged
33 Rossby Financial, LCC 0.20% of their portfolio MELBOURNE, FL 46,39946.4k $1.1m $1.1m 0.20% Reduced -13.6k -13,632
34 Dorsey & Whitney Trust CO LLC 0.05% of their portfolio SIOUX FALLS, SD 45,65345.7k $1.1m $1.1m 0.05% Added +4.0k +4,000
35 TRB Wealth Management, LLC 0.14% of their portfolio HOUSTON, TX 45,52545.5k $1.1m $1.1m 0.14% Added +6.4k +6,391
36 Mutual Advisors, LLC 0.02% of their portfolio OMAHA, NE 39,81439.8k $952.0k $952.0k 0.02% Added +1.5k +1,515
37 Virtue Capital Management, LLC 0.13% of their portfolio BRENTWOOD, TN 39,42139.4k $942.6k $942.6k 0.13% New
38 MARQUETTE ASSOCIATES, INC. 0.68% of their portfolio CHICAGO, IL 39,14139.1k $935.9k $935.9k 0.68% New
39 GTS SECURITIES LLC 0.02% of their portfolio NEW YORK, NY 37,27337.3k $891.2k $891.2k 0.02% New
40 Cornerstone National Bank & Trust Co 0.30% of their portfolio PALATINE, IL 36,93836.9k $874.1k $874.1k 0.30% Reduced -37.7k -37,692
41 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 36,66436.7k $876.6k $876.6k 0.01% Added +5.8k +5,784
42 First Heartland Consultants, Inc. 0.06% of their portfolio LAKE ST. LOUIS, MO 35,71835.7k $854.0k $854.0k 0.06% Added +5.8k +5,784
43 CoreCap Advisors, LLC 0.02% of their portfolio SOUTHFIELD, MI 33,82033.8k $808.6k $808.6k 0.02% Added +4.2k +4,219
44 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 33,01133.0k $789.3k $789.3k 0.00% Reduced -8.5k -8,474
45 SIMON QUICK ADVISORS, LLC 0.03% of their portfolio MORRISTOWN, NJ 29,73429.7k $710.9k $710.9k 0.03% Added +51 +51
46 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 27,93727.9k $668.1k $668.1k 0.00% Added +5.9k +5,920
47 Granite Harbor Advisors, Inc. 0.25% of their portfolio Houston, TX 26,93426.9k $644.0k $644.0k 0.25% Reduced -2.6k -2,650
48 BOK Financial Private Wealth, Inc. 0.03% of their portfolio DENVER, CO 24,19024.2k $578.4k $578.4k 0.03% New
49 Trace Wealth Advisors, LLC 0.35% of their portfolio Los Angeles, CA 22,45622.5k $536.9k $536.9k 0.35% Reduced -2.2k -2,151
50 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 22,45022.4k $536.8k $536.8k 0.01% Added +5.9k +5,864
51 FFT WEALTH MANAGEMENT LLC 0.08% of their portfolio PHILADELPHIA, PA 21,27821.3k $508.8k $508.8k 0.08% Reduced -8.1k -8,083
52 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 21,16421.2k $506.0k $506.0k 0.00% Added +16.4k +16,427
53 M.E. ALLISON & CO., INC. 0.27% of their portfolio SAN ANTONIO, TX 19,31319.3k $461.8k $461.8k 0.27% Added +81 +81
54 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 18,97019.0k $453.6k $453.6k 0.00% Reduced -3.7k -3,749
55 LOWE BROCKENBROUGH & CO INC 0.02% of their portfolio RICHMOND, VA 18,94418.9k $452.9k $452.9k 0.02% New
56 UBS Group AG 0.00% of their portfolio ZURICH, V8 18,76118.8k $448.6k $448.6k 0.00% Added +310 +310
57 Holcombe Financial, Inc. 0.25% of their portfolio ATLANTA, GA 18,34018.3k $438.5k $438.5k 0.25% Added +866 +866
58 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 17,48917.5k $418.5k $418.5k 0.00% Added +17.4k +17,414
59 SeaCrest Wealth Management, LLC 0.05% of their portfolio PURCHASE, NY 17,47417.5k $417.8k $417.8k 0.05% Added +1.3k +1,260
60 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 16,90616.9k $404.0k $404.0k 0.01% Added +521 +521
61 HIGHLINE WEALTH PARTNERS LLC 0.08% of their portfolio SHERMAN OAKS, CA 16,42116.4k $392.6k $392.6k 0.08% Reduced -4.2k -4,228
62 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 14,85914.9k $355.3k $355.3k 0.00% Reduced -512 -512
63 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 14,33514.3k $344.0k $344.0k 0.00% Added +5.7k +5,689
64 Alamar Capital Management, LLC 0.17% of their portfolio SANTA BARBARA, CA 13,75213.8k $328.8k $328.8k 0.17% Unchanged
65 ABSOLUTE CAPITAL MANAGEMENT, LLC 0.08% of their portfolio Pittsburgh, PA 13,74113.7k $328.5k $328.5k 0.08% Added +81 +81
66 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 13,33413.3k $318.8k $318.8k 0.00% Reduced -14.3k -14,282
67 INTERACTIVE FINANCIAL ADVISORS, INC. 0.19% of their portfolio New Lenox, IL 13,20213.2k $315.1k $315.1k 0.19% Reduced -2.1k -2,105
68 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 12,72112.7k $304.2k $304.2k 0.01% Reduced -22.6k -22,562
69 CERTUITY, LLC 0.01% of their portfolio NORTH PALM BEACH, FL 12,60012.6k $301.3k $301.3k 0.01% Unchanged
70 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 12,36912.4k $295.7k $295.7k 0.00% Added +9.6k +9,607
71 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 11,77811.8k $281.6k $281.6k 0.00% Reduced -1.0k -1,026
72 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 11,00111.0k $263.0k $263.0k 0.00% Reduced -453 -453
73 SVB WEALTH LLC 0.02% of their portfolio BOSTON, MA 10,00010.0k $239.1k $239.1k 0.02% New
74 UHLMANN PRICE SECURITIES, LLC 0.01% of their portfolio SKOKIE, IL 9,98810.0k $238.8k $238.8k 0.01% New
75 LVW Advisors, LLC 0.02% of their portfolio PITTSFORD, NY 9,9149.9k $237.0k $237.0k 0.02% New
76 Endowment Wealth Management, Inc. 0.09% of their portfolio APPLETON, WI 9,8149.8k $234.6k $234.6k 0.09% Added +1.2k +1,162
77 Patriot Financial Group Insurance Agency, LLC 0.02% of their portfolio Westborough, MA 9,5659.6k $228.7k $228.7k 0.02% Reduced -1.7k -1,721
78 WealthPlan Investment Management, LLC 0.01% of their portfolio OMAHA, NE 9,4019.4k $224.8k $224.8k 0.01% Reduced -1.7k -1,664
79 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 8,8008.8k $210.4k $210.4k 0.00% Unchanged
80 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 8,7728.8k $209.7k $209.7k 0.00% Reduced -409 -409
81 Gerber Kawasaki Wealth & Investment Management 0.01% of their portfolio SANTA MONICA, CA 8,4738.5k $202.6k $202.6k 0.01% Added +14 +14
82 TWO SIGMA SECURITIES, LLC 0.02% of their portfolio NEW YORK, NY 8,4088.4k $201.0k $201.0k 0.02% Reduced -2.5k -2,534
83 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 8,0448.0k $192.3k $192.3k 0.00% Unchanged
84 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 7,4967.5k $179.0k $179.0k 0.00% Reduced -77.1k -77,093
85 Horizon Investments, LLC 0.00% of their portfolio Charlotte, NC 6,8986.9k $162.1k $162.1k 0.00% Reduced -7.1k -7,060
86 Caldwell Trust Co 0.01% of their portfolio Venice, FL 6,8076.8k $162.8k $162.8k 0.01% Reduced -626 -626
87 Capital Investment Advisory Services, LLC 0.01% of their portfolio RALEIGH, NC 6,0596.1k $144.9k $144.9k 0.01% New
88 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 6,0596.1k $144.9k $144.9k 0.00% New
89 GeoWealth Management, LLC 0.00% of their portfolio CHICAGO, IL 5,5975.6k $133.8k $133.8k 0.00% Added +22 +22
90 CAMBIENT FAMILY OFFICE, LLC 0.01% of their portfolio ADA, MI 4,9645.0k $118.7k $118.7k 0.01% Unchanged
91 MORGAN DEMPSEY CAPITAL MANAGEMENT LLC 0.05% of their portfolio MILWAUKEE, WI 4,9264.9k $117.8k $117.8k 0.05% Unchanged
92 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 4,6594.7k $111.4k $111.4k 0.00% Added +3.2k +3,180
93 FMR LLC 0.00% of their portfolio BOSTON, MA 4,0204.0k $96.1k $96.1k 0.00% Added +3.8k +3,832
94 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 3,3583.4k $80.3k $80.3k 0.00% Unchanged
95 Corsicana & Co. 0.04% of their portfolio CORSICANA, TX 3,0983.1k $74.1k $74.1k 0.04% New
96 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 2,9773.0k $71.2k $71.2k 0.00% Unchanged
97 Vanguard National Trust Co 0.00% of their portfolio MALVERN, PA 2,7012.7k $64.6k $64.6k 0.00% New
98 CX Institutional 0.00% of their portfolio AUBURN, IN 2,3472.3k $56.0k $56.0k 0.00% Added +44 +44
99 Rock Creek Group LLC 0.00% of their portfolio Washington, DC 2,0642.1k $49.4k $49.4k 0.00% Unchanged
100 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 2,0252.0k $48.4k $48.4k 0.00% Unchanged