Vault-13

FLEXSHARES TR BNDC

CRE SLCT BD FD · ETP · CUSIP 33939L670

30 institutional holders +3 vs Q2 2025
5,535,5425.5m shares reported held*
$124.5mreported value*
5 new 11 added 11 reduced 2 sold out net bought ≈ $4.0m (+175.7k 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 ≈ $22.50.

Trends to Q3 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: 27Q3 25: 3030Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 202530

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 23: 13 bought or addedQ4 23: 16 cut or sold outQ1 24: 7 bought or addedQ1 24: 25 cut or sold outQ1 24Q2 24: 13 bought or addedQ2 24: 15 cut or sold outQ3 24: 14 bought or addedQ3 24: 13 cut or sold outQ3 24Q4 24: 13 bought or addedQ4 24: 17 cut or sold outQ1 25: 10 bought or addedQ1 25: 18 cut or sold outQ1 25Q2 25: 16 bought or addedQ2 25: 11 cut or sold outQ3 25: 16 bought or addedQ3 25: 13 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20231316
Q1 2024725
Q2 20241315
Q3 20241413
Q4 20241317
Q1 20251018
Q2 20251611
Q3 20251613

Biggest buyers

NORTHERN TRUST CORP Added +72,595+72.6k
PARK NATIONAL CORP /OH/ Added +65,645+65.6k
ENVESTNET ASSET MANAGEMENT INC Added +29,144+29.1k
Occidental Asset Management, LLC Added +26,667+26.7k
CoreCap Advisors, LLC Added +12,891+12.9k
Atria Investments, Inc New +12,071+12.1k
First Heartland Consultants, Inc. New +11,278+11.3k
JANE STREET GROUP, LLC New +10,754+10.8k
VestGen Investment Management Added +4,527+4.5k
CX Institutional New +4,348+4.3k

Biggest sellers

Freedom Investment Management, Inc. Sold out -34,433-34.4k
CITADEL ADVISORS LLC Reduced -32,125-32.1k
ROI Financial Advisors, LLC Reduced -3,693-3.7k
Herold Advisors, Inc. Reduced -2,970-3.0k
ROYAL BANK OF CANADA Sold out -2,268-2.3k
LPL Financial LLC Reduced -1,264-1.3k
CITIZENS & NORTHERN CORP Reduced -408-408
UBS Group AG Reduced -268-268
MARQUETTE ASSOCIATES, INC. Reduced -185-185
MML INVESTORS SERVICES, LLC Reduced -142-142

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 2,899,3642.9m $65.2m $65.2m 0.01% Added +72.6k +72,595
2 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 950,453950.5k $21.4m $21.4m 0.01% Added +29.1k +29,144
3 Occidental Asset Management, LLC 2.28% of their portfolio Burlingame, CA 806,141806.1k $18.1m $18.1m 2.28% Added +26.7k +26,667
4 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 228,098228.1k $5.1m $5.1m 0.01% Reduced -142 -142
5 PARK NATIONAL CORP /OH/ 0.13% of their portfolio NEWARK, OH 186,375186.4k $4.2m $4.2m 0.13% Added +65.6k +65,645
6 Mutual Advisors, LLC 0.04% of their portfolio OMAHA, NE 77,39477.4k $1.8m $1.8m 0.04% Reduced -111 -111
7 VestGen Investment Management 0.69% of their portfolio EGG HARBOR TOWNSHIP, NJ 50,99851.0k $1.1m $1.1m 0.69% Added +4.5k +4,527
8 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 40,47940.5k $910.6k $910.6k 0.00% Reduced -1.3k -1,264
9 Olde Wealth Management, LLC 0.26% of their portfolio SAMMAMISH, WA 37,20037.2k $835.0k $835.0k 0.26% First filing
10 Stratos Wealth Advisors, LLC 0.04% of their portfolio BEACHWOOD, OH 36,23336.2k $815.1k $815.1k 0.04% Added +587 +587
11 Snowden Capital Advisors LLC 0.02% of their portfolio New York, NY 34,33334.3k $772.3k $772.3k 0.02% Reduced -21 -21
12 Herold Advisors, Inc. 0.17% of their portfolio New York, NY 33,26233.3k $748.2k $748.2k 0.17% Reduced -3.0k -2,970
13 ROI Financial Advisors, LLC 0.33% of their portfolio Beaverton, OR 24,82124.8k $558.3k $558.3k 0.33% Reduced -3.7k -3,693
14 ABSOLUTE CAPITAL MANAGEMENT, LLC 0.24% of their portfolio Pittsburgh, PA 24,48424.5k $550.8k $550.8k 0.24% Added +662 +662
15 CoreCap Advisors, LLC 0.02% of their portfolio SOUTHFIELD, MI 24,10824.1k $542.3k $542.3k 0.02% Added +12.9k +12,891
16 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 17,12017.1k $385.1k $385.1k 0.00% Reduced -32.1k -32,125
17 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 12,07112.1k $271.5k $271.5k 0.00% New
18 First Heartland Consultants, Inc. 0.02% of their portfolio LAKE ST. LOUIS, MO 11,27811.3k $253.7k $253.7k 0.02% New
19 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 10,75410.8k $241.9k $241.9k 0.00% New
20 CITIZENS & NORTHERN CORP 0.06% of their portfolio WELLSBORO, PA 10,56510.6k $237.7k $237.7k 0.06% Reduced -408 -408
21 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 5,3245.3k $119.8k $119.8k 0.00% Added +116 +116
22 COMERICA BANK 0.00% of their portfolio DALLAS, TX 4,6824.7k $105.3k $105.3k 0.00% Added +47 +47
23 CX Institutional 0.00% of their portfolio AUBURN, IN 4,3484.3k $98.0k $98.0k 0.00% New
24 MARQUETTE ASSOCIATES, INC. 0.06% of their portfolio CHICAGO, IL 2,0472.0k $46.0k $46.0k 0.06% Reduced -185 -185
25 GeoWealth Management, LLC 0.00% of their portfolio CHICAGO, IL 1,2971.3k $29.2k $29.2k 0.00% New
26 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 1,1721.2k $26.4k $26.4k 0.00% Added +1.1k +1,066
27 Wilmington Savings Fund Society, FSB 0.00% of their portfolio WILMINGTON, DE 785785 $17.7k $17.7k 0.00% Unchanged
28 UBS Group AG 0.00% of their portfolio ZURICH, V8 355355 $8.0k $8.0k 0.00% Reduced -268 -268
29 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 11 $26 $26 0.00% Unchanged
30 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 00 $1 $1 0.00% Reduced -85 -85