Vault-13

FLEXSHARES TR SKOR

CR SCD US BD · ETP · CUSIP 33939L761

65 institutional holders +3 vs Q4 2025
12,428,49212.4m shares reported held*
$604.2mreported value*
10 new 30 added 19 reduced 7 sold out net bought ≈ $51.6m (+1.1m 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 ($23.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.61.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 26Q4 22: 35Q1 23: 32Q2 23: 38Q3 23: 34Q4 23: 38Q1 24: 38Q2 24: 40Q3 24: 47Q4 24: 51Q1 25: 58Q2 25: 58Q3 25: 55Q4 25: 62Q1 26: 6565Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202226
Q4 202235
Q1 202332
Q2 202338
Q3 202334
Q4 202338
Q1 202438
Q2 202440
Q3 202447
Q4 202451
Q1 202558
Q2 202558
Q3 202555
Q4 202562
Q1 202665

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 24: 28 bought or addedQ2 24: 15 cut or sold outQ3 24: 34 bought or addedQ3 24: 13 cut or sold outQ3 24Q4 24: 27 bought or addedQ4 24: 20 cut or sold outQ1 25: 35 bought or addedQ1 25: 26 cut or sold outQ1 25Q2 25: 35 bought or addedQ2 25: 22 cut or sold outQ3 25: 37 bought or addedQ3 25: 12 cut or sold outQ3 25Q4 25: 37 bought or addedQ4 25: 18 cut or sold outQ1 26: 40 bought or addedQ1 26: 26 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20242815
Q3 20243413
Q4 20242720
Q1 20253526
Q2 20253522
Q3 20253712
Q4 20253718
Q1 20264026

Biggest buyers

NORTHERN TRUST CORP Added +376,589+376.6k
MORGAN STANLEY Added +123,889+123.9k
Cerity Partners LLC Added +123,479+123.5k
AE Wealth Management LLC Added +107,787+107.8k
COMMONWEALTH EQUITY SERVICES, LLC Added +93,582+93.6k
JANE STREET GROUP, LLC New +67,503+67.5k
RAYMOND JAMES FINANCIAL INC Added +51,541+51.5k
Pinnacle Financial Partners, Inc. Added +34,950+35.0k
LPL Financial LLC Added +31,594+31.6k
Cambridge Investment Research Advisors, Inc. Added +28,047+28.0k

Biggest sellers

Cornerstone National Bank & Trust Co Reduced -33,857-33.9k
FLOW TRADERS U.S. LLC Sold out -32,585-32.6k
Mach-1 Financial Group, LLC Sold out -31,725-31.7k
Equitable Holdings, Inc. Sold out -27,813-27.8k
Greenline Wealth Management LLC Sold out -16,485-16.5k
Invst, LLC Reduced -8,006-8.0k
KESTRA PRIVATE WEALTH SERVICES, LLC Reduced -4,978-5.0k
Boltwood Capital Management Reduced -2,719-2.7k
Harbour Trust & Investment Management Co Reduced -2,475-2.5k
NATIONS FINANCIAL GROUP INC, /IA/ /ADV Reduced -2,058-2.1k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.03% of their portfolio CHICAGO, IL 4,775,4914.8m $232.2m $232.2m 0.03% Added +376.6k +376,589
2 Cerity Partners LLC 0.16% of their portfolio NEW YORK, NY 2,370,7872.4m $115.3m $115.3m 0.16% Added +123.5k +123,479
3 AE Wealth Management LLC 0.36% of their portfolio TOPEKA, KS 1,367,3121.4m $66.5m $66.5m 0.36% Added +107.8k +107,787
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 966,850966.9k $47.0m $47.0m 0.00% Added +123.9k +123,889
5 Cornerstone National Bank & Trust Co 6.44% of their portfolio PALATINE, IL 360,483360.5k $17.5m $17.5m 6.44% Reduced -33.9k -33,857
6 Harbour Trust & Investment Management Co 1.59% of their portfolio MICHIGAN CITY, IN 308,684308.7k $15.0m $15.0m 1.59% Reduced -2.5k -2,475
7 Anderson Financial Strategies, LLC 6.00% of their portfolio DAYTON, OH 225,020225.0k $10.9m $10.9m 6.00% Added +7.3k +7,261
8 HORIZON BANCORP INC /IN/ 4.21% of their portfolio MICHIGAN CITY, IN 179,879179.9k $8.7m $8.7m 4.21% Added +10.9k +10,859
9 Finward Bancorp 6.43% of their portfolio Munster, IN 165,547165.5k $8.0m $8.0m 6.43% Added +20.0k +19,980
10 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 162,803162.8k $7.9m $7.9m 0.00% Added +31.6k +31,594
11 Pinnacle Financial Partners, Inc. 0.05% of their portfolio ATLANTA, GA 141,346141.3k $6.9m $6.9m 0.05% Added +35.0k +34,950
12 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 123,771123.8k $6.0m $6.0m 0.01% Added +93.6k +93,582
13 Herold Advisors, Inc. 1.05% of their portfolio New York, NY 98,15798.2k $4.8m $4.8m 1.05% Added +14.6k +14,587
14 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 95,87995.9k $4.7m $4.7m 0.00% Reduced -1.5k -1,549
15 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 90,43290.4k $4.4m $4.4m 0.00% Added +6.3k +6,313
16 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 86,71586.7k $4.2m $4.2m 0.01% Added +28.0k +28,047
17 Boltwood Capital Management 0.95% of their portfolio WALNUT CREEK, CA 76,59776.6k $3.7m $3.7m 0.95% Reduced -2.7k -2,719
18 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 71,71471.7k $3.5m $3.5m 0.00% Added +7.3k +7,256
19 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 67,50367.5k $3.3m $3.3m 0.00% New
20 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 57,32857.3k $2.8m $2.8m 0.00% Added +51.5k +51,541
21 KESTRA PRIVATE WEALTH SERVICES, LLC 0.03% of their portfolio AUSTIN, TX 56,24256.2k $2.7m $2.7m 0.03% Reduced -5.0k -4,978
22 COTTONWOOD CAPITAL ADVISORS, LLC 1.66% of their portfolio SALT LAKE CITY, UT 48,38348.4k $2.4m $2.4m 1.66% Added +6.1k +6,137
23 Triad Wealth Partners, LLC 0.16% of their portfolio LAWRENCE, KS 42,56342.6k $2.1m $2.1m 0.16% Added +14.3k +14,269
24 TOUNJIAN ADVISORY PARTNERS, LLC 0.73% of their portfolio FORT MYERS, FL 41,85641.9k $2.0m $2.0m 0.73% Reduced -822 -822
25 Independent Advisor Alliance 0.02% of their portfolio CHARLOTTE, NC 38,70538.7k $1.9m $1.9m 0.02% Reduced -13 -13
26 Trilogy Capital Inc. 0.08% of their portfolio IRVINE, CA 37,32737.3k $1.8m $1.8m 0.08% Reduced -1.7k -1,721
27 World Investment Advisors 0.02% of their portfolio LINCROFT, NJ 24,45024.4k $1.2m $1.2m 0.02% Added +19.8k +19,750
28 RAINIER FAMILY WEALTH INC 0.78% of their portfolio TACOMA, WA 23,76823.8k $1.2m $1.2m 0.78% Added +4.1k +4,139
29 Elevated Capital Advisors, LLC 0.28% of their portfolio SANDY, UT 22,75922.8k $1.1m $1.1m 0.28% Added +7.7k +7,683
30 Invst, LLC 0.11% of their portfolio INDIANAPOLIS, IN 20,30120.3k $987.0k $987.0k 0.11% Reduced -8.0k -8,006
31 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 20,29620.3k $986.8k $986.8k 0.00% Added +1.7k +1,685
32 Savvy Advisors, Inc. 0.03% of their portfolio NEW YORK, NY 20,08720.1k $976.6k $976.6k 0.03% Added +1.2k +1,204
33 Advisory Alpha, LLC 0.03% of their portfolio HOLLAND, MI 19,29319.3k $938.1k $938.1k 0.03% Added +2.4k +2,443
34 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 19,05719.1k $926.6k $926.6k 0.00% Added +14.2k +14,225
35 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 19,05719.1k $926.6k $926.6k 0.00% Added +4.3k +4,254
36 Cherry Tree Wealth Management, LLC 0.18% of their portfolio MINNETONKA, MN 17,34317.3k $843.2k $843.2k 0.18% Reduced -2.0k -1,990
37 WealthCare Investment Partners, LLC 0.22% of their portfolio PORTSMOUTH, RI 16,31316.3k $791.4k $791.4k 0.22% Reduced -1.7k -1,681
38 CoreCap Advisors, LLC 0.02% of their portfolio SOUTHFIELD, MI 14,13614.1k $687.3k $687.3k 0.02% Reduced -962 -962
39 VestGen Investment Management 0.38% of their portfolio EGG HARBOR TOWNSHIP, NJ 14,03814.0k $682.5k $682.5k 0.38% Added +1.5k +1,476
40 VestGen Advisors, LLC 0.02% of their portfolio CHICAGO, IL 13,94613.9k $675.8k $675.8k 0.02% New
41 CAP Partners, LLC 0.36% of their portfolio FRANKLIN, TN 13,25413.3k $644.4k $644.4k 0.36% Reduced -119 -119
42 Elevated Financial Group LLC 0.20% of their portfolio INDIANAPOLIS, IN 12,16412.2k $591.4k $591.4k 0.20% Reduced -76 -76
43 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.03% of their portfolio CEDAR RAPIDS, IA 10,98911.0k $534.3k $534.3k 0.03% Reduced -2.1k -2,058
44 Premier Private Wealth Management LLC 0.54% of their portfolio PALM HARBOR, FL 10,45110.5k $508.1k $508.1k 0.54% New
45 Fiduciary Alliance LLC 0.03% of their portfolio GREENVILLE, SC 9,0599.1k $442.4k $442.4k 0.03% New
46 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 8,2408.2k $400.6k $400.6k 0.00% New
47 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 7,8647.9k $382.0k $382.0k 0.00% Reduced -773 -773
48 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 5,1925.2k $252.4k $252.4k 0.00% Added +2 +2
49 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 4,7484.7k $230.8k $230.8k 0.00% Reduced -700 -700
50 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 4,6334.6k $225.3k $225.3k 0.00% Unchanged
51 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 4,6104.6k $224.1k $224.1k 0.00% New
52 First Heartland Consultants, Inc. 0.02% of their portfolio LAKE ST. LOUIS, MO 4,3564.4k $211.8k $211.8k 0.02% New
53 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,7122.7k $132.0k $132.0k 0.00% Added +509 +509
54 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,0902.1k $101.6k $101.6k 0.00% Unchanged
55 Birchwood Financial Partners, Inc. 0.08% of their portfolio BLOOMINGTON, MN 1,8001.8k $87.5k $87.5k 0.08% Unchanged
56 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 1,7421.7k $84.7k $84.7k 0.00% Added +13 +13
57 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 1,0971.1k $53.3k $53.3k 0.00% New
58 Quest 10 Wealth Builders, Inc. 0.02% of their portfolio Fuquay-Varina, VA 477477 $23.2k $23.2k 0.02% Added +457 +457
59 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 356356 $17.3k $17.3k 0.00% New
60 Golden State Wealth Management, LLC 0.00% of their portfolio SANTA ANA, CA 321321 $15.6k $15.6k 0.00% Unchanged
61 Rossby Financial, LCC 0.00% of their portfolio MELBOURNE, FL 242242 $11.7k $11.7k 0.00% Unchanged
62 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 165165 $8.0k $8.0k 0.00% Reduced -15 -15
63 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 117117 $5.7k $5.7k 0.00% New
64 VANGUARD ADVISERS INC 0.00% of their portfolio Malvern, PA 6363 $3.1k $3.1k 0.00% First filing
65 UBS Group AG 0.00% of their portfolio ZURICH, V8 99 $438 $438 0.00% Reduced -652 -652