Vault-13

FLEXSHARES TR BNDC

CRE SLCT BD FD · ETP · CUSIP 33939L670

27 institutional holders -2 vs Q1 2025
5,322,6205.3m shares reported held*
$118.5mreported value*
2 new 14 added 8 reduced 3 sold out net bought ≈ $8.3m (+373.0k 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 ≈ $22.26.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 22Q4 22: 23Q1 23: 29Q2 23: 28Q3 23: 28Q4 23: 31Q1 24: 27Q2 24: 32Q3 24: 32Q4 24: 29Q1 25: 29Q2 25: 2727Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202222
Q4 202223
Q1 202329
Q2 202328
Q3 202328
Q4 202331
Q1 202427
Q2 202432
Q3 202432
Q4 202429
Q1 202529
Q2 202527

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 23: 14 bought or addedQ3 23: 12 cut or sold outQ4 23: 13 bought or addedQ4 23: 16 cut or sold outQ4 23Q1 24: 7 bought or addedQ1 24: 25 cut or sold outQ2 24: 13 bought or addedQ2 24: 15 cut or sold outQ2 24Q3 24: 14 bought or addedQ3 24: 13 cut or sold outQ4 24: 13 bought or addedQ4 24: 17 cut or sold outQ4 24Q1 25: 10 bought or addedQ1 25: 18 cut or sold outQ2 25: 16 bought or addedQ2 25: 11 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20231412
Q4 20231316
Q1 2024725
Q2 20241315
Q3 20241413
Q4 20241317
Q1 20251018
Q2 20251611

Biggest buyers

NORTHERN TRUST CORP Added +206,957+207.0k
ENVESTNET ASSET MANAGEMENT INC Added +92,489+92.5k
PARK NATIONAL CORP /OH/ Added +43,205+43.2k
MML INVESTORS SERVICES, LLC Added +36,926+36.9k
CITADEL ADVISORS LLC Added +33,554+33.6k
Occidental Asset Management, LLC Added +12,773+12.8k
CITIZENS & NORTHERN CORP New +10,973+11.0k
Mutual Advisors, LLC Added +3,826+3.8k
Freedom Investment Management, Inc. Added +3,684+3.7k
CoreCap Advisors, LLC Added +2,016+2.0k

Biggest sellers

JANE STREET GROUP, LLC Sold out -41,422-41.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -12,035-12.0k
LPL Financial LLC Reduced -9,382-9.4k
Stratos Wealth Advisors, LLC Reduced -4,598-4.6k
VestGen Investment Management Reduced -3,674-3.7k
ORG Partners LLC Sold out -1,353-1.4k
Snowden Capital Advisors LLC Reduced -1,215-1.2k
ABSOLUTE CAPITAL MANAGEMENT, LLC Reduced -775-775
ROI Financial Advisors, LLC Reduced -527-527
MARQUETTE ASSOCIATES, INC. Reduced -13-13

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 2,826,7692.8m $62.9m $62.9m 0.01% Added +207.0k +206,957
2 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 921,309921.3k $20.5m $20.5m 0.01% Added +92.5k +92,489
3 Occidental Asset Management, LLC 2.40% of their portfolio Burlingame, CA 779,474779.5k $17.4m $17.4m 2.40% Added +12.8k +12,773
4 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 228,240228.2k $5.1m $5.1m 0.01% Added +36.9k +36,926
5 PARK NATIONAL CORP /OH/ 0.09% of their portfolio NEWARK, OH 120,730120.7k $2.7m $2.7m 0.09% Added +43.2k +43,205
6 Mutual Advisors, LLC 0.04% of their portfolio OMAHA, NE 77,50577.5k $1.7m $1.7m 0.04% Added +3.8k +3,826
7 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 49,24549.2k $1.1m $1.1m 0.00% Added +33.6k +33,554
8 VestGen Investment Management 0.74% of their portfolio EGG HARBOR TOWNSHIP, NJ 46,47146.5k $1.0m $1.0m 0.74% Reduced -3.7k -3,674
9 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 41,74341.7k $929.4k $929.4k 0.00% Reduced -9.4k -9,382
10 Herold Advisors, Inc. 0.17% of their portfolio New York, NY 36,23236.2k $806.7k $806.7k 0.17% Added +6 +6
11 Stratos Wealth Advisors, LLC 0.04% of their portfolio BEACHWOOD, OH 35,64635.6k $793.7k $793.7k 0.04% Reduced -4.6k -4,598
12 Freedom Investment Management, Inc. 0.06% of their portfolio SOUTH WINDSOR, CT 34,43334.4k $766.7k $766.7k 0.06% Added +3.7k +3,684
13 Snowden Capital Advisors LLC 0.02% of their portfolio New York, NY 34,35434.4k $764.9k $764.9k 0.02% Reduced -1.2k -1,215
14 ROI Financial Advisors, LLC 0.40% of their portfolio Beaverton, OR 28,51428.5k $634.9k $634.9k 0.40% Reduced -527 -527
15 ABSOLUTE CAPITAL MANAGEMENT, LLC 0.27% of their portfolio Pittsburgh, PA 23,82223.8k $530.4k $530.4k 0.27% Reduced -775 -775
16 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 11,21711.2k $249.8k $249.8k 0.01% Added +2.0k +2,016
17 CITIZENS & NORTHERN CORP 0.07% of their portfolio WELLSBORO, PA 10,97311.0k $244.3k $244.3k 0.07% New
18 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 5,2085.2k $116.0k $116.0k 0.00% Unchanged
19 COMERICA BANK 0.00% of their portfolio DALLAS, TX 4,6354.6k $103.2k $103.2k 0.00% Added +52 +52
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,2682.3k $50.0k $50.0k 0.00% Added +1.1k +1,134
21 MARQUETTE ASSOCIATES, INC. 0.05% of their portfolio CHICAGO, IL 2,2322.2k $49.7k $49.7k 0.05% Reduced -13 -13
22 Wilmington Savings Fund Society, FSB 0.00% of their portfolio WILMINGTON, DE 785785 $17.5k $17.5k 0.00% Unchanged
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 623623 $13.9k $13.9k 0.00% Added +254 +254
24 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 106106 $2.4k $2.4k 0.00% New
25 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 8585 $1.9k $1.9k 0.00% Added +1 +1
26 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 11 $33 $33 0.00% Reduced -1 -1
27 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged