Vault-13

FLEXSHARES TR TDTF

IBOXX 5YR TRGT · ETP · CUSIP 33939L605

86 institutional holders +4 vs Q1 2026
38,089,24238.1m shares reported held*
$905.4mreported value*
14 new 41 added 18 reduced 10 sold out net bought ≈ $30.2m (+1.3m 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 ($3.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.77.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 66Q4 22: 60Q1 23: 64Q2 23: 66Q3 23: 67Q4 23: 73Q1 24: 63Q2 24: 61Q3 24: 57Q4 24: 69Q1 25: 68Q2 25: 65Q3 25: 74Q4 25: 78Q1 26: 82Q2 26: 8686Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202266
Q4 202260
Q1 202364
Q2 202366
Q3 202367
Q4 202373
Q1 202463
Q2 202461
Q3 202457
Q4 202469
Q1 202568
Q2 202565
Q3 202574
Q4 202578
Q1 202682
Q2 202686

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 22 bought or addedQ3 24: 31 cut or sold outQ4 24: 31 bought or addedQ4 24: 26 cut or sold outQ4 24Q1 25: 32 bought or addedQ1 25: 30 cut or sold outQ2 25: 38 bought or addedQ2 25: 28 cut or sold outQ2 25Q3 25: 44 bought or addedQ3 25: 28 cut or sold outQ4 25: 43 bought or addedQ4 25: 26 cut or sold outQ4 25Q1 26: 49 bought or addedQ1 26: 29 cut or sold outQ2 26: 55 bought or addedQ2 26: 28 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20242231
Q4 20243126
Q1 20253230
Q2 20253828
Q3 20254428
Q4 20254326
Q1 20264929
Q2 20265528

Biggest buyers

Farmers National Bank Added +219,327+219.3k
STALEY CAPITAL ADVISERS INC New +149,005+149.0k
IFG Advisory, LLC New +148,853+148.9k
Chandler Asset Management, Inc. Added +136,065+136.1k
Wealth Architects, LLC Added +133,293+133.3k
Bank of New York Mellon Corp Added +121,586+121.6k
Cambridge Investment Research Advisors, Inc. Added +101,884+101.9k
Veridan Wealth LLC New +90,051+90.1k
Capital Analysts, LLC Added +77,588+77.6k
Archvest Wealth Advisors, Inc. Added +68,383+68.4k

Biggest sellers

Tower Research Capital LLC (TRC) Reduced -111,192-111.2k
Blue Trust, Inc. Reduced -65,699-65.7k
NORTHERN TRUST CORP Reduced -41,618-41.6k
FLOW TRADERS U.S. LLC Reduced -31,672-31.7k
JANE STREET GROUP, LLC Sold out -26,327-26.3k
Bell Investment Advisors, Inc Reduced -24,403-24.4k
JPMORGAN CHASE & CO Reduced -23,972-24.0k
MORGAN STANLEY Reduced -20,495-20.5k
VeraBank, N.A. Sold out -16,917-16.9k
COMMONWEALTH EQUITY SERVICES, LLC Sold out -15,807-15.8k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.05% of their portfolio CHICAGO, IL 17,343,28617.3m $412.2m $412.2m 0.05% Reduced -41.6k -41,618
2 Blue Trust, Inc. 0.90% of their portfolio BRENTWOOD, TN 3,603,1183.6m $85.6m $85.6m 0.90% Reduced -65.7k -65,699
3 Wealth Architects, LLC 6.10% of their portfolio MOUNTAIN VIEW, CA 3,248,6873.2m $77.2m $77.2m 6.10% Added +133.3k +133,293
4 Capital Analysts, LLC 1.67% of their portfolio FORT WASHINGTON, PA 3,047,7393.0m $72.4m $72.4m 1.67% Added +77.6k +77,588
5 Archvest Wealth Advisors, Inc. 23.16% of their portfolio CONCORD, CA 1,683,6801.7m $40.0m $40.0m 23.16% Added +68.4k +68,383
6 Cheviot Value Management, LLC 3.32% of their portfolio BEVERLY HILLS, CA 1,372,8591.4m $32.6m $32.6m 3.32% Added +10.3k +10,285
7 Chandler Asset Management, Inc. 4.11% of their portfolio SAN DIEGO, CA 1,227,7151.2m $29.2m $29.2m 4.11% Added +136.1k +136,065
8 Farmers National Bank 5.81% of their portfolio DANVILLE, KY 1,171,1821.2m $27.8m $27.8m 5.81% Added +219.3k +219,327
9 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 815,998816.0k $19.4m $19.4m 0.00% Added +21.9k +21,941
10 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 585,513585.5k $13.9m $13.9m 0.00% Added +121.6k +121,586
11 UBS Group AG 0.00% of their portfolio ZURICH, V8 437,902437.9k $10.4m $10.4m 0.00% Added +35.4k +35,424
12 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 300,749300.7k $7.1m $7.1m 0.01% Added +28.5k +28,454
13 COURIER CAPITAL LLC 0.33% of their portfolio BUFFALO, NY 279,173279.2k $6.6m $6.6m 0.33% Added +25.9k +25,863
14 Vident Advisory, LLC 0.04% of their portfolio Alpharetta, GA 241,780241.8k $5.7m $5.7m 0.04% Added +26.7k +26,700
15 Kendall Capital Management 0.92% of their portfolio ROCKVILLE, MD 232,247232.2k $5.5m $5.5m 0.92% Added +38.5k +38,519
16 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 211,777211.8k $5.0m $5.0m 0.00% Added +41.0k +41,023
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 193,267193.3k $4.6m $4.6m 0.00% Reduced -20.5k -20,495
18 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 153,204153.2k $3.6m $3.6m 0.00% Added +101.9k +101,884
19 STALEY CAPITAL ADVISERS INC 0.14% of their portfolio PITTSBURGH, PA 149,005149.0k $3.5m $3.5m 0.14% New
20 IFG Advisory, LLC 0.12% of their portfolio ATLANTA, GA 148,853148.9k $3.5m $3.5m 0.12% New
21 SIMON QUICK ADVISORS, LLC 0.14% of their portfolio MORRISTOWN, NJ 148,136148.1k $3.5m $3.5m 0.14% Unchanged
22 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 141,245141.2k $3.4m $3.4m 0.00% Added +10.1k +10,086
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 114,888114.9k $2.7m $2.7m 0.00% Added +2.9k +2,911
24 Urban Wealth Management, LLC 1.97% of their portfolio EL SEGUNDO, CA 95,10695.1k $2.3m $2.3m 1.97% Added +15.9k +15,882
25 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 94,03494.0k $2.2m $2.2m 0.00% Added +272 +272
26 Veridan Wealth LLC 0.75% of their portfolio WEST LINN, OR 90,05190.1k $2.1m $2.1m 0.75% New
27 BFSG, LLC 0.19% of their portfolio IRVINE, CA 88,53888.5k $2.1m $2.1m 0.19% Added +4.3k +4,338
28 Chesapeake Wealth Management 0.56% of their portfolio WILLIAMSBURG, VA 83,29783.3k $2.0m $2.0m 0.56% Added +16.0k +16,010
29 Yoder Wealth Management, Inc. 0.76% of their portfolio WALNUT CREEK, CA 81,62081.6k $1.9m $1.9m 0.76% Reduced -2.4k -2,380
30 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 70,01870.0k $1.7m $1.7m 0.00% Reduced -6.6k -6,591
31 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 65,18965.2k $1.5m $1.5m 0.00% Added +38.2k +38,229
32 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 57,25557.3k $1.4m $1.4m 0.00% Added +37.6k +37,605
33 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 48,89748.9k $1.2m $1.2m 0.00% Added +64 +64
34 Stratos Investment Management, LLC 0.04% of their portfolio BEACHWOOD, OH 46,45246.5k $1.1m $1.1m 0.04% Added +76 +76
35 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 44,81344.8k $1.1m $1.1m 0.01% Added +3.5k +3,452
36 TIEMANN INVESTMENT ADVISORS, LLC 0.36% of their portfolio MENLO PARK, CA 41,45641.5k $985.4k $985.4k 0.36% Unchanged
37 Valmark Advisers, Inc. 0.01% of their portfolio AKRON, OH 38,04038.0k $904.2k $904.2k 0.01% Unchanged
38 Empirical Asset Management, LLC 0.19% of their portfolio WELLESLEY, MA 35,36935.4k $840.7k $840.7k 0.19% Added +4.2k +4,215
39 Lynx Investment Advisory 0.26% of their portfolio WASHINGTON, DC, DC 33,05833.1k $785.8k $785.8k 0.26% Added +73 +73
40 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 32,41932.4k $770.5k $770.5k 0.00% Added +5.8k +5,838
41 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 30,85930.9k $733.5k $733.5k 0.00% Reduced -2.1k -2,092
42 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 25,80425.8k $613.4k $613.4k 0.00% New
43 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 20,08020.1k $477.3k $477.3k 0.00% New
44 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 18,79718.8k $446.8k $446.8k 0.00% Added +1.1k +1,120
45 CLG LLC 0.10% of their portfolio Long Beach, CA 18,54818.5k $440.9k $440.9k 0.10% Reduced -13 -13
46 Regal Investment Advisors LLC 0.02% of their portfolio KENTWOOD, MI 16,69816.7k $396.9k $396.9k 0.02% Reduced -2.9k -2,887
47 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 14,39514.4k $342.2k $342.2k 0.00% Reduced -6.9k -6,878
48 Capital Investment Advisory Services, LLC 0.02% of their portfolio RALEIGH, NC 13,81013.8k $328.3k $328.3k 0.02% New
49 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 13,81013.8k $328.3k $328.3k 0.00% New
50 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 13,54713.5k $322.4k $322.4k 0.00% Added +665 +665
51 FLOW TRADERS U.S. LLC 0.01% of their portfolio NEW YORK, NY 13,45913.5k $320.0k $320.0k 0.01% Reduced -31.7k -31,672
52 Bell Investment Advisors, Inc 0.04% of their portfolio ORINDA, CA 11,75711.8k $279.5k $279.5k 0.04% Reduced -24.4k -24,403
53 CAMBIENT FAMILY OFFICE, LLC 0.03% of their portfolio ADA, MI 10,83910.8k $257.6k $257.6k 0.03% Added +1.3k +1,295
54 Betterment LLC 0.00% of their portfolio NEW YORK, NY 10,76610.8k $256.0k $256.0k 0.00% Added +1.2k +1,215
55 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 10,74910.7k $255.0k $255.0k 0.00% New
56 Alamar Capital Management, LLC 0.13% of their portfolio SANTA BARBARA, CA 10,54410.5k $250.6k $250.6k 0.13% Unchanged
57 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 10,53910.5k $250.5k $250.5k 0.00% Added +1.8k +1,825
58 RFG Advisory, LLC 0.00% of their portfolio BIRMINGHAM, AL 10,32610.3k $245.4k $245.4k 0.00% Reduced -7.6k -7,612
59 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 9,95910.0k $236.7k $236.7k 0.01% New
60 Shared Vision Wealth Group LLC 0.08% of their portfolio CARLSBAD, X1 9,7119.7k $230.8k $230.8k 0.08% Unchanged
61 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 9,6019.6k $228.2k $228.2k 0.00% Reduced -2.1k -2,056
62 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 8,7708.8k $208.5k $208.5k 0.00% Added +1.1k +1,118
63 Investors Research Corp 0.03% of their portfolio ATLANTA, GA 8,0698.1k $191.8k $191.8k 0.03% Added +361 +361
64 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 6,8816.9k $163.0k $163.0k 0.00% Reduced -3.4k -3,420
65 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 4,8894.9k $116.2k $116.2k 0.00% Reduced -111.2k -111,192
66 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 2,8262.8k $67.2k $67.2k 0.00% Added +874 +874
67 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 1,0251.0k $24.4k $24.4k 0.00% Unchanged
68 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,0161.0k $24.1k $24.1k 0.00% Unchanged
69 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 1,0001.0k $23.8k $23.8k 0.00% Unchanged
70 FMR LLC 0.00% of their portfolio BOSTON, MA 992992 $23.6k $23.6k 0.00% Added +23 +23
71 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 938938 $22.3k $22.3k 0.00% Unchanged
72 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 824824 $19.6k $19.6k 0.00% Reduced -24.0k -23,972
73 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 824824 $19.6k $19.6k 0.00% New
74 Joseph Group Capital Management 0.00% of their portfolio COLUMBUS, OH 674674 $16.0k $16.0k 0.00% Added +89 +89
75 Mosley Wealth Management 0.00% of their portfolio ANAHEIM, CA 361361 $8.6k $8.6k 0.00% Added +6 +6
76 Colonial Trust Co / SC 0.00% of their portfolio SPARTANBURG, SC 343343 $8.2k $8.2k 0.00% Reduced -20 -20
77 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 290290 $6.9k $6.9k 0.00% New
78 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 287287 $6.8k $6.8k 0.00% Unchanged
79 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 280280 $6.7k $6.7k 0.00% Unchanged
80 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 200200 $4.8k $4.8k 0.00% Unchanged
81 Torren Management, LLC 0.00% of their portfolio SAN DIEGO, CA 171171 $4.1k $4.1k 0.00% Unchanged
82 IMA Advisory Services, Inc. 0.00% of their portfolio DENVER, CO 131131 $3.1k $3.1k 0.00% New
83 Corsicana & Co. 0.00% of their portfolio CORSICANA, TX 113113 $2.7k $2.7k 0.00% New
84 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 104104 $2.5k $2.5k 0.00% Reduced -54 -54
85 Gleason Group, Inc. 0.00% of their portfolio PROSPECT, KY 4747 $1.1k $1.1k 0.00% New
86 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 4040 $951 $951 0.00% Added +5 +5