Vault-13

FLEXSHARES TR QLC

US QUALITY CAP · ETP · CUSIP 33939L746

43 institutional holders -5 vs Q4 2024
5,296,5435.3m shares reported held*
$337.9mreported value*
4 new 17 added 11 reduced 11 sold out net bought ≈ $41.3m (+647.7k 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 ≈ $63.80.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 32Q4 22: 31Q1 23: 28Q2 23: 33Q3 23: 33Q4 23: 37Q1 24: 35Q2 24: 44Q3 24: 45Q4 24: 48Q1 25: 4343Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202232
Q4 202231
Q1 202328
Q2 202333
Q3 202333
Q4 202337
Q1 202435
Q2 202444
Q3 202445
Q4 202448
Q1 202543

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 23: 14 bought or addedQ2 23: 10 cut or sold outQ3 23: 9 bought or addedQ3 23: 14 cut or sold outQ3 23Q4 23: 20 bought or addedQ4 23: 11 cut or sold outQ1 24: 17 bought or addedQ1 24: 20 cut or sold outQ1 24Q2 24: 28 bought or addedQ2 24: 6 cut or sold outQ3 24: 21 bought or addedQ3 24: 15 cut or sold outQ3 24Q4 24: 18 bought or addedQ4 24: 17 cut or sold outQ1 25: 21 bought or addedQ1 25: 22 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20231410
Q3 2023914
Q4 20232011
Q1 20241720
Q2 2024286
Q3 20242115
Q4 20241817
Q1 20252122

Biggest buyers

NORTHERN TRUST CORP Added +535,136+535.1k
Stratos Investment Management, LLC Added +70,992+71.0k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO New +39,738+39.7k
ENVESTNET ASSET MANAGEMENT INC Added +34,338+34.3k
MML INVESTORS SERVICES, LLC Added +12,957+13.0k
BANK OF AMERICA CORP /DE/ Added +8,329+8.3k
LPL Financial LLC Added +7,512+7.5k
Cetera Investment Advisers Added +6,720+6.7k
Herold Advisors, Inc. Added +4,554+4.6k
Freedom Investment Management, Inc. Added +2,456+2.5k

Biggest sellers

TWO SIGMA INVESTMENTS, LP Sold out -26,400-26.4k
CENTAURUS FINANCIAL, INC. Sold out -9,353-9.4k
GOLDMAN SACHS GROUP INC Reduced -9,025-9.0k
VestGen Investment Management Reduced -5,852-5.9k
RAYMOND JAMES FINANCIAL INC Sold out -5,601-5.6k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -5,437-5.4k
CITADEL ADVISORS LLC Sold out -5,255-5.3k
Cerity Partners LLC Sold out -3,783-3.8k
Advisory Alpha, LLC Sold out -3,380-3.4k
Allworth Financial LP Sold out -677-677

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.04% of their portfolio CHICAGO, IL 3,813,8293.8m $243.3m $243.3m 0.04% Added +535.1k +535,136
2 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 606,224606.2k $38.7m $38.7m 0.01% Added +34.3k +34,338
3 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 210,188210.2k $13.4m $13.4m 0.02% Reduced -5.4k -5,437
4 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 165,521165.5k $10.6m $10.6m 0.04% Added +13.0k +12,957
5 Stratos Investment Management, LLC 0.25% of their portfolio BEACHWOOD, OH 74,74974.7k $4.8m $4.8m 0.25% Added +71.0k +70,992
6 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 57,41457.4k $3.7m $3.7m 0.00% Added +7.5k +7,512
7 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 55,17455.2k $3.5m $3.5m 0.01% Added +6.7k +6,720
8 Herold Advisors, Inc. 0.58% of their portfolio New York, NY 41,63441.6k $2.7m $2.7m 0.58% Added +4.6k +4,554
9 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 39,73839.7k $2.5m $2.5m 0.00% New
10 L.M. KOHN & COMPANY 0.60% of their portfolio CINCINNATI, OH 36,08136.1k $2.3m $2.3m 0.60% Added +212 +212
11 Empirical Asset Management, LLC 0.77% of their portfolio WELLESLEY, MA 35,57435.6k $2.3m $2.3m 0.77% Added +840 +840
12 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 27,37327.4k $1.7m $1.7m 0.00% Reduced -9.0k -9,025
13 Freedom Investment Management, Inc. 0.13% of their portfolio SOUTH WINDSOR, CT 24,03824.0k $1.5m $1.5m 0.13% Added +2.5k +2,456
14 PARK NATIONAL CORP /OH/ 0.05% of their portfolio NEWARK, OH 20,58220.6k $1.3m $1.3m 0.05% Added +299 +299
15 VestGen Investment Management 0.93% of their portfolio EGG HARBOR TOWNSHIP, NJ 19,37319.4k $1.2m $1.2m 0.93% Reduced -5.9k -5,852
16 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 15,41315.4k $983.3k $983.3k 0.00% Added +8.3k +8,329
17 Meridian Wealth Management, LLC 0.02% of their portfolio LEXINGTON, KY 6,4786.5k $413.3k $413.3k 0.02% Unchanged
18 Strategic Blueprint, LLC 0.02% of their portfolio ATLANTA, GA 4,7194.7k $301.1k $301.1k 0.02% Unchanged
19 Colonial River Investments, LLC 0.16% of their portfolio MIDLOTHIAN, VA 4,6804.7k $298.6k $298.6k 0.16% Reduced -469 -469
20 AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio CARLSBAD, CA 4,6804.7k $298.6k $298.6k 0.01% Reduced -469 -469
21 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 4,4024.4k $280.8k $280.8k 0.01% Unchanged
22 VestGen Advisors, LLC 0.01% of their portfolio CHICAGO, IL 4,2344.2k $270.1k $270.1k 0.01% First filing
23 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 3,7913.8k $241.9k $241.9k 0.01% Added +172 +172
24 ASPIRIANT, LLC 0.01% of their portfolio San Francisco, CA 3,7563.8k $239.6k $239.6k 0.01% Reduced -368 -368
25 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 3,4973.5k $223.0k $223.0k 0.00% Reduced -125 -125
26 West Coast Financial LLC 0.02% of their portfolio SANTA BARBARA, CA 3,4003.4k $216.9k $216.9k 0.02% Unchanged
27 PRIVATE TRUST CO NA 0.02% of their portfolio CLEVELAND, OH 2,5772.6k $164.4k $164.4k 0.02% Reduced -256 -256
28 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,4001.4k $89.3k $89.3k 0.00% Unchanged
29 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 1,2291.2k $78.4k $78.4k 0.00% New
30 MARQUETTE ASSOCIATES, INC. 0.07% of their portfolio CHICAGO, IL 1,0951.1k $69.9k $69.9k 0.07% Reduced -50 -50
31 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 649649 $41.4k $41.4k 0.00% Added +49 +49
32 CNB Bank 0.02% of their portfolio CLEARFIELD, PA 550550 $35.1k $35.1k 0.02% Unchanged
33 Cornerstone Planning Group LLC 0.01% of their portfolio FAIRFIELD, NJ 490490 $30.0k $30.0k 0.01% Added +197 +197
34 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 480480 $30.6k $30.6k 0.00% Added +1 +1
35 ORG Partners LLC 0.01% of their portfolio ROANOKE, IN 473473 $30.3k $30.3k 0.01% Reduced -28 -28
36 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 399399 $25.5k $25.5k 0.00% Added +1 +1
37 NorthRock Partners, LLC 0.00% of their portfolio MINNEAPOLIS, MN 300300 $19.1k $19.1k 0.00% Unchanged
38 North Capital, Inc. 0.01% of their portfolio SALT LAKE CITY, UT 168168 $10.7k $10.7k 0.01% First filing
39 Golden State Wealth Management, LLC 0.00% of their portfolio SANTA ANA, CA 119119 $7.6k $7.6k 0.00% New
40 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4141 $3.0k $3.0k 0.00% Reduced -601 -601
41 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 3030 $1.9k $1.9k 0.00% New
42 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $43 $43 0.00% Unchanged
43 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged