Vault-13

FLEXSHARES TR QLC

US QUALITY CAP · ETP · CUSIP 33939L746

66 institutional holders +8 vs Q4 2025
9,432,0829.4m shares reported held*
$737.4mreported value*
13 new 30 added 10 reduced 5 sold out net bought ≈ $98.8m (+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. Holder counts are more reliable. Implied quarter-end price ≈ $78.18.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 32Q4 22: 31Q1 23: 28Q2 23: 33Q3 23: 33Q4 23: 37Q1 24: 35Q2 24: 44Q3 24: 45Q4 24: 48Q1 25: 43Q2 25: 47Q3 25: 47Q4 25: 58Q1 26: 6666Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202232
Q4 202231
Q1 202328
Q2 202333
Q3 202333
Q4 202337
Q1 202435
Q2 202444
Q3 202445
Q4 202448
Q1 202543
Q2 202547
Q3 202547
Q4 202558
Q1 202666

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q2 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 25Q2 25: 20 bought or addedQ2 25: 21 cut or sold outQ3 25: 25 bought or addedQ3 25: 16 cut or sold outQ3 25Q4 25: 31 bought or addedQ4 25: 17 cut or sold outQ1 26: 43 bought or addedQ1 26: 15 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024286
Q3 20242115
Q4 20241817
Q1 20252122
Q2 20252021
Q3 20252516
Q4 20253117
Q1 20264315

Biggest buyers

NORTHERN TRUST CORP Added +474,653+474.7k
ENVESTNET ASSET MANAGEMENT INC Added +234,645+234.6k
MML INVESTORS SERVICES, LLC Added +158,452+158.5k
Schorn Wealth LLC New +105,141+105.1k
Kingsview Wealth Management, LLC New +93,465+93.5k
Cetera Investment Advisers Added +44,119+44.1k
Advantage Trust Co New +37,953+38.0k
GOLDMAN SACHS GROUP INC Added +37,389+37.4k
RAYMOND JAMES FINANCIAL INC Added +28,594+28.6k
COMMONWEALTH EQUITY SERVICES, LLC Added +23,076+23.1k

Biggest sellers

LPL Financial LLC Reduced -68,827-68.8k
Equitable Holdings, Inc. Sold out -18,691-18.7k
Hilltop Holdings Inc. Sold out -17,242-17.2k
AXXCESS WEALTH MANAGEMENT, LLC Sold out -3,331-3.3k
ROYAL BANK OF CANADA Reduced -2,891-2.9k
MARQUETTE ASSOCIATES, INC. Sold out -701-701
Empirical Asset Management, LLC Reduced -677-677
VestGen Investment Management Reduced -481-481
PARK NATIONAL CORP /OH/ Reduced -365-365
Freedom Investment Management, Inc. Reduced -151-151

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.07% of their portfolio CHICAGO, IL 6,825,2636.8m $533.5m $533.5m 0.07% Added +474.7k +474,653
2 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 843,949843.9k $66.0m $66.0m 0.02% Added +234.6k +234,645
3 MML INVESTORS SERVICES, LLC 0.08% of their portfolio SPRINGFIELD, MA 349,405349.4k $27.3m $27.3m 0.08% Added +158.5k +158,452
4 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 230,013230.0k $18.0m $18.0m 0.03% Added +23.1k +23,076
5 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 129,698129.7k $10.1m $10.1m 0.01% Added +17.9k +17,880
6 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 109,561109.6k $8.6m $8.6m 0.01% Added +44.1k +44,119
7 Schorn Wealth LLC 2.48% of their portfolio ENGLEWOOD, FL 105,141105.1k $8.2m $8.2m 2.48% New
8 Stratos Investment Management, LLC 0.31% of their portfolio BEACHWOOD, OH 100,187100.2k $7.8m $7.8m 0.31% Added +17.1k +17,053
9 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 98,45798.5k $7.7m $7.7m 0.00% Added +28.6k +28,594
10 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 97,84297.8k $7.6m $7.6m 0.00% Reduced -68.8k -68,827
11 Kingsview Wealth Management, LLC 0.10% of their portfolio GRANTS PASS, OR 93,46593.5k $7.3m $7.3m 0.10% New
12 Herold Advisors, Inc. 0.97% of their portfolio New York, NY 56,74456.7k $4.4m $4.4m 0.97% Added +6.0k +5,989
13 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 42,53742.5k $3.3m $3.3m 0.00% Added +37.4k +37,389
14 Advantage Trust Co 1.33% of their portfolio SALINA, KS 37,95338.0k $3.0m $3.0m 1.33% New
15 Summit Financial, LLC 0.03% of their portfolio PARSIPPANY, NJ 32,26132.3k $2.5m $2.5m 0.03% Added +361 +361
16 PARK NATIONAL CORP /OH/ 0.04% of their portfolio NEWARK, OH 14,95915.0k $1.2m $1.2m 0.04% Reduced -365 -365
17 World Investment Advisors 0.02% of their portfolio LINCROFT, NJ 14,72214.7k $1.2m $1.2m 0.02% New
18 WealthPlan Investment Management, LLC 0.06% of their portfolio OMAHA, NE 14,12414.1k $1.1m $1.1m 0.06% New
19 VestGen Advisors, LLC 0.03% of their portfolio CHICAGO, IL 13,95214.0k $1.2m $1.2m 0.03% New
20 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 13,78613.8k $1.1m $1.1m 0.00% Added +7.8k +7,818
21 VICTORY FINANCIAL GROUP, LLC 0.12% of their portfolio AUSTIN, TX 12,52112.5k $978.6k $978.6k 0.12% Added +1.2k +1,203
22 VestGen Investment Management 0.51% of their portfolio EGG HARBOR TOWNSHIP, NJ 11,77011.8k $919.9k $919.9k 0.51% Reduced -481 -481
23 EJMK Ventures LLC 0.48% of their portfolio ITASCA, IL 11,10711.1k $868.1k $868.1k 0.48% Added +51 +51
24 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 10,60910.6k $829.2k $829.2k 0.02% New
25 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 10,38810.4k $811.9k $811.9k 0.00% Unchanged
26 Vise Technologies, Inc. 0.02% of their portfolio NEW YORK, NY 10,15110.2k $822.1k $822.1k 0.02% Unchanged
27 Redhawk Wealth Advisors, Inc. 0.08% of their portfolio MINNEAPOLIS, MN 9,5729.6k $748.2k $748.2k 0.08% Added +2.1k +2,120
28 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 9,3079.3k $727.4k $727.4k 0.00% Reduced -117 -117
29 Patriot Financial Group Insurance Agency, LLC 0.04% of their portfolio Westborough, MA 7,9668.0k $622.7k $622.7k 0.04% Added +4.6k +4,596
30 CENTAURUS FINANCIAL, INC. 0.03% of their portfolio ANAHEIM, CA 7,5637.6k $591.0k $591.0k 0.03% New
31 UPTICK PARTNERS, LLC 0.12% of their portfolio NACOGDOCHES, TX 7,3937.4k $577.9k $577.9k 0.12% New
32 Meridian Wealth Management, LLC 0.02% of their portfolio LEXINGTON, KY 6,4786.5k $506.3k $506.3k 0.02% Unchanged
33 SeaCrest Wealth Management, LLC 0.05% of their portfolio PURCHASE, NY 6,1416.1k $480.0k $480.0k 0.05% New
34 Empirical Asset Management, LLC 0.12% of their portfolio WELLESLEY, MA 5,7705.8k $451.0k $451.0k 0.12% Reduced -677 -677
35 TRB Wealth Management, LLC 0.06% of their portfolio HOUSTON, TX 5,4825.5k $428.5k $428.5k 0.06% First filing
36 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 5,4075.4k $422.6k $422.6k 0.00% Unchanged
37 Capital Advisors, Ltd. LLC 0.04% of their portfolio SHAKER HEIGHTS, OH 4,7494.7k $371.0k $371.0k 0.04% Added +2.8k +2,800
38 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 4,4114.4k $344.9k $344.9k 0.00% Added +376 +376
39 CALTON & ASSOCIATES, INC. 0.05% of their portfolio Tampa, FL 4,2804.3k $334.5k $334.5k 0.05% Added +442 +442
40 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 4,2794.3k $334.5k $334.5k 0.01% Added +3.7k +3,671
41 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 4,1204.1k $322.0k $322.0k 0.01% Added +260 +260
42 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 3,8843.9k $304.0k $304.0k 0.00% Added +260 +260
43 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 3,8393.8k $300.1k $300.1k 0.01% Reduced -60 -60
44 ASPIRIANT, LLC 0.01% of their portfolio San Francisco, CA 3,7563.8k $293.6k $293.6k 0.01% Unchanged
45 Advisory Alpha, LLC 0.01% of their portfolio HOLLAND, MI 3,5343.5k $276.2k $276.2k 0.01% Added +122 +122
46 Colonial River Investments, LLC 0.09% of their portfolio MIDLOTHIAN, VA 3,3793.4k $264.1k $264.1k 0.09% Added +48 +48
47 First Heartland Consultants, Inc. 0.02% of their portfolio LAKE ST. LOUIS, MO 3,3273.3k $260.0k $260.0k 0.02% Added +58 +58
48 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 3,3273.3k $260.0k $260.0k 0.00% Added +58 +58
49 Freedom Investment Management, Inc. 0.07% of their portfolio SOUTH WINDSOR, CT 3,2083.2k $250.7k $250.7k 0.07% Reduced -151 -151
50 PRIVATE TRUST CO NA 0.02% of their portfolio CLEVELAND, OH 2,7512.8k $215.0k $215.0k 0.02% Reduced -42 -42
51 Cross Staff Investments Inc 0.10% of their portfolio PITTSFORD, NY 2,6002.6k $203.2k $203.2k 0.10% Unchanged
52 ABSOLUTE CAPITAL MANAGEMENT, LLC 0.07% of their portfolio Pittsburgh, PA 2,5942.6k $202.7k $202.7k 0.07% Unchanged
53 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio ORLANDO, FL 2,2702.3k $179.0k $179.0k 0.01% Added +570 +570
54 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,8871.9k $147.0k $147.0k 0.00% Reduced -2.9k -2,891
55 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,7561.8k $137.3k $137.3k 0.00% Added +139 +139
56 Rossmore Private Capital 0.01% of their portfolio GLASTONBURY, CT 1,5001.5k $117.2k $117.2k 0.01% Unchanged
57 GeoWealth Management, LLC 0.00% of their portfolio CHICAGO, IL 1,4191.4k $110.9k $110.9k 0.00% Added +48 +48
58 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 1,2291.2k $96.1k $96.1k 0.00% Unchanged
59 CNB Bank 0.02% of their portfolio CLEARFIELD, PA 550550 $43.0k $43.0k 0.02% Unchanged
60 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 529529 $41.4k $41.4k 0.00% Reduced -3 -3
61 Cornerstone Planning Group LLC 0.01% of their portfolio FAIRFIELD, NJ 442442 $38.0k $38.0k 0.01% Added +1 +1
62 FMR LLC 0.00% of their portfolio BOSTON, MA 417417 $32.6k $32.6k 0.00% Unchanged
63 Golden State Wealth Management, LLC 0.00% of their portfolio SANTA ANA, CA 120120 $9.4k $9.4k 0.00% Unchanged
64 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 100100 $7.9k $7.9k 0.00% New
65 Ascentis Independent Advisors 0.00% of their portfolio DALLAS, TX 9393 $7.3k $7.3k 0.00% New
66 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 8888 $6.9k $6.9k 0.00% New