Vault-13

FLEXSHARES TR NFRA

STOXX GLOBR INF · ETP · CUSIP 33939L795

113 institutional holders -4 vs Q1 2023
36,262,49836.3m shares reported held*
$1.9bnreported value*
13 new 39 added 37 reduced 17 sold out net sold ≈ $80.8m (-1.5m 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 ≈ $52.37.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 110Q4 22: 117Q1 23: 117Q2 23: 113113Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022110
Q4 2022117
Q1 2023117
Q2 2023113

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 58 bought or addedQ4 22: 50 cut or sold outQ4 22Q1 23: 53 bought or addedQ1 23: 58 cut or sold outQ1 23Q2 23: 52 bought or addedQ2 23: 54 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20225850
Q1 20235358
Q2 20235254

Biggest buyers

Alaska Permanent Capital Management, LLC Added +45,607+45.6k
Alaska Wealth Advisors, LLC Added +17,168+17.2k
Calamos Wealth Management LLC New +17,009+17.0k
Capstone Financial Advisors, Inc. Added +15,590+15.6k
NewEdge Wealth, LLC New +13,008+13.0k
Ten Capital Wealth Advisors, LLC New +12,160+12.2k
UMB Bank, n.a. Added +9,698+9.7k
UBS Group AG Added +7,895+7.9k
Sovereign Investment Advisors, LLC New +6,699+6.7k
BECKER CAPITAL MANAGEMENT INC New +6,022+6.0k

Biggest sellers

NORTHERN TRUST CORP Reduced -1,143,673-1.1m
JANE STREET GROUP, LLC Reduced -234,954-235.0k
WCG Wealth Advisors LLC Reduced -87,820-87.8k
Cornerstone National Bank & Trust Co Reduced -42,962-43.0k
CITADEL ADVISORS LLC Sold out -39,921-39.9k
ROYAL BANK OF CANADA Reduced -19,016-19.0k
FLOW TRADERS U.S. LLC Sold out -18,555-18.6k
Landmark Financial Advisors, LLC Reduced -16,913-16.9k
OLD MISSION CAPITAL LLC Reduced -15,078-15.1k
NBT BANK, N.A. Reduced -14,692-14.7k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.30% of their portfolio CHICAGO, IL 30,217,90330.2m $1.6bn $1.6bn 0.30% Reduced -1.1m -1,143,673
2 Capstone Financial Advisors, Inc. 6.74% of their portfolio DOWNERS GROVE, IL 1,712,5671.7m $89.7m $89.7m 6.74% Added +15.6k +15,590
3 Alaska Permanent Capital Management, LLC 5.22% of their portfolio ANCHORAGE, AK 1,182,8541.2m $61.9m $61.9m 5.22% Added +45.6k +45,607
4 Alaska Wealth Advisors, LLC 5.17% of their portfolio ANCHORAGE, AK 626,346626.3k $32.8m $32.8m 5.17% Added +17.2k +17,168
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 340,114340.1k $17.8m $17.8m 0.00% Reduced -6.1k -6,135
6 WCG Wealth Advisors LLC 1.69% of their portfolio LAS VEGAS, NV 276,826276.8k $14.5m $14.5m 1.69% Reduced -87.8k -87,820
7 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 245,547245.5k $12.9m $12.9m 0.01% Added +362 +362
8 Landmark Financial Advisors, LLC 4.42% of their portfolio Bowling Green, KY 205,621205.6k $10.8m $10.8m 4.42% Reduced -16.9k -16,913
9 NBT BANK, N.A. 1.02% of their portfolio NORWICH, NY 136,349136.3k $7.1m $7.1m 1.02% Reduced -14.7k -14,692
10 United Bank 3.31% of their portfolio Zebulon, GA 111,138111.1k $5.8m $5.8m 3.31% Added +209 +209
11 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 103,410103.4k $5.4m $5.4m 0.00% Reduced -5.6k -5,553
12 CX Institutional 0.19% of their portfolio AUBURN, IN 69,27769.3k $3.6m $3.6m 0.19% Reduced -308 -308
13 Money Design Co.,Ltd. 0.21% of their portfolio TOKYO, M0 67,52667.5k $3.5m $3.5m 0.21% Added +4.0k +3,981
14 Cornerstone National Bank & Trust Co 2.03% of their portfolio PALATINE, IL 67,02067.0k $3.5m $3.5m 2.03% Reduced -43.0k -42,962
15 Boltwood Capital Management 1.12% of their portfolio WALNUT CREEK, CA 59,29459.3k $3.1m $3.1m 1.12% Added +2.1k +2,078
16 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 50,58650.6k $2.6m $2.6m 0.00% Reduced -2.1k -2,055
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 47,87547.9k $2.5m $2.5m 0.00% Reduced -19.0k -19,016
18 Wealth Architects, LLC 0.36% of their portfolio MOUNTAIN VIEW, CA 42,16742.2k $2.2m $2.2m 0.36% Reduced -1.1k -1,057
19 Brio Consultants, LLC 0.34% of their portfolio SAN FRANCISCO, CA 36,11836.1k $1.9m $1.9m 0.34% Reduced -7.2k -7,164
20 Independence Bank of Kentucky 0.68% of their portfolio OWENSBORO, KY 32,07032.1k $1.7m $1.7m 0.68% Reduced -1.8k -1,760
21 Missouri Trust & Investment Co 0.91% of their portfolio SPRINGFIELD, MO 31,00031.0k $1.6m $1.6m 0.91% Added +2.4k +2,410
22 UBS Group AG 0.00% of their portfolio ZURICH, V8 30,91730.9k $1.6m $1.6m 0.00% Added +7.9k +7,895
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 29,48129.5k $1.5m $1.5m 0.00% Added +2.1k +2,055
24 Chicago Partners Investment Group LLC 0.06% of their portfolio CHICAGO, IL 22,67322.7k $1.2m $1.2m 0.06% Added +1.7k +1,725
25 PARK NATIONAL CORP /OH/ 0.05% of their portfolio NEWARK, OH 20,50720.5k $1.1m $1.1m 0.05% Reduced -518 -518
26 UMB Bank, n.a. 0.02% of their portfolio Kansas City, MO 19,78719.8k $1.0m $1.0m 0.02% Added +9.7k +9,698
27 FIDUCIENT ADVISORS LLC 0.29% of their portfolio Chicago, IL 18,15718.2k $950.8k $950.8k 0.29% Added +762 +762
28 ALTFEST L J & CO INC 0.14% of their portfolio NEW YORK, NY 18,12818.1k $949.0k $949.0k 0.14% Added +1.1k +1,139
29 Calamos Wealth Management LLC 0.07% of their portfolio NAPERVILLE, IL 17,00917.0k $890.7k $890.7k 0.07% New
30 Rehmann Capital Advisory Group 0.07% of their portfolio LANSING, MI 15,42315.4k $807.2k $807.2k 0.07% Added +822 +822
31 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 15,20215.2k $796.0k $796.0k 0.00% Added +2.8k +2,802
32 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 14,94714.9k $783.0k $783.0k 0.00% Added +2.1k +2,065
33 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 14,92514.9k $789.5k $789.5k 0.01% Added +84 +84
34 ERn Financial, LLC 0.15% of their portfolio MIDDLETON, WI 13,91813.9k $728.8k $728.8k 0.15% Added +900 +900
35 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 13,07913.1k $685.0k $685.0k 0.00% Added +555 +555
36 Edge Capital Group, LLC 0.04% of their portfolio ATLANTA, GA 13,06313.1k $684.0k $684.0k 0.04% Unchanged
37 NewEdge Wealth, LLC 0.02% of their portfolio STAMFORD, CT 13,00813.0k $681.2k $681.2k 0.02% New
38 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 12,37912.4k $648.0k $648.0k 0.00% Reduced -110 -110
39 Ten Capital Wealth Advisors, LLC 0.18% of their portfolio SPOKANE, WA 12,16012.2k $636.0k $636.0k 0.18% New
40 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 11,99312.0k $628.0k $628.0k 0.00% Reduced -235.0k -234,954
41 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 11,80811.8k $618.3k $618.3k 0.01% Unchanged
42 REDW Wealth LLC 0.18% of their portfolio ALBUQUERQUE, NM 11,67511.7k $611.4k $611.4k 0.18% Added +856 +856
43 MATHER GROUP, LLC. 0.01% of their portfolio CHICAGO, IL 11,43111.4k $598.6k $598.6k 0.01% Added +5.1k +5,100
44 Endowment Wealth Management, Inc. 0.52% of their portfolio APPLETON, WI 10,92010.9k $571.8k $571.8k 0.52% Reduced -205 -205
45 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 10,21410.2k $533.5k $533.5k 0.00% Added +56 +56
46 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 9,3129.3k $487.6k $487.6k 0.00% Reduced -891 -891
47 Busey Bank 0.02% of their portfolio URBANA, IL 8,9208.9k $467.1k $467.1k 0.02% Reduced -1.3k -1,258
48 Freedom Investment Management, Inc. 0.05% of their portfolio SOUTH WINDSOR, CT 8,7628.8k $458.8k $458.8k 0.05% Reduced -583 -583
49 VestGen Investment Management 0.13% of their portfolio EGG HARBOR TOWNSHIP, NJ 8,7518.8k $458.2k $458.2k 0.13% Added +427 +427
50 Colonial River Investments, LLC 0.29% of their portfolio MIDLOTHIAN, VA 8,4378.4k $441.8k $441.8k 0.29% Added +125 +125
51 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 7,7037.7k $403.4k $403.4k 0.00% Added +1.5k +1,480
52 U.S. Capital Wealth Advisors, LLC 0.02% of their portfolio AUSTIN, TX 7,5207.5k $393.8k $393.8k 0.02% Reduced -101 -101
53 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 7,4277.4k $388.9k $388.9k 0.00% Reduced -5.1k -5,059
54 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 7,2637.3k $381.9k $381.9k 0.00% Added +3 +3
55 Beacon Pointe Advisors, LLC 0.01% of their portfolio NEWPORT BEACH, CA 7,1047.1k $372.0k $372.0k 0.01% Added +13 +13
56 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 6,9056.9k $361.6k $361.6k 0.00% Reduced -2.0k -2,039
57 B. Riley Wealth Advisors, Inc. 0.01% of their portfolio MEMPHIS, TN 6,7726.8k $354.6k $354.6k 0.01% Unchanged
58 Sovereign Investment Advisors, LLC 0.13% of their portfolio PHOENIX, AZ 6,6996.7k $350.8k $350.8k 0.13% New
59 Circle Wealth Management, LLC 0.04% of their portfolio SUMMIT, NJ 6,2756.3k $328.6k $328.6k 0.04% Unchanged
60 LEAVELL INVESTMENT MANAGEMENT, INC. 0.02% of their portfolio MOBILE, AL 6,0306.0k $316.0k $316.0k 0.02% Reduced -795 -795
61 BECKER CAPITAL MANAGEMENT INC 0.01% of their portfolio Portland, OR 6,0226.0k $315.3k $315.3k 0.01% New
62 NAPLES GLOBAL ADVISORS, LLC 0.04% of their portfolio NAPLES, FL 6,0006.0k $314.2k $314.2k 0.04% Unchanged
63 Ledyard National Bank 0.03% of their portfolio HANOVER, NH 5,9445.9k $311.3k $311.3k 0.03% Reduced -1.5k -1,495
64 Mariner, LLC 0.00% of their portfolio Overland Park, KS 5,4105.4k $283.3k $283.3k 0.00% Reduced -4.4k -4,409
65 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 5,2885.3k $277.0k $277.0k 0.00% New
66 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 4,7454.7k $248.5k $248.5k 0.01% Reduced -15.1k -15,078
67 SEVEN MILE ADVISORY 0.28% of their portfolio TALLAHASSEE, FL 4,5794.6k $239.8k $239.8k 0.28% First filing
68 Capital Advisors, Ltd. LLC 0.03% of their portfolio SHAKER HEIGHTS, OH 4,2014.2k $220.0k $220.0k 0.03% Unchanged
69 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 3,9554.0k $207.1k $207.1k 0.01% Reduced -10 -10
70 STUDIO INVESTMENT MANAGEMENT LLC 0.06% of their portfolio CHICAGO, IL 3,9483.9k $206.7k $206.7k 0.06% Added +2.5k +2,543
71 CENTAURUS FINANCIAL, INC. 0.02% of their portfolio ANAHEIM, CA 3,9003.9k $204.0k $204.0k 0.02% Added +404 +404
72 FFT WEALTH MANAGEMENT LLC 0.03% of their portfolio PHILADELPHIA, PA 3,8613.9k $202.2k $202.2k 0.03% Unchanged
73 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,8493.8k $201.5k $201.5k 0.00% Added +214 +214
74 Rain Capital Management, LLC 0.16% of their portfolio LAKE OSWEGO, OR 3,8113.8k $199.6k $199.6k 0.16% Reduced -6.0k -5,982
75 Credential Qtrade Securities Inc. 0.01% of their portfolio VANCOUVER, A1 3,6223.6k $189.2k $189.2k 0.01% Added +660 +660
76 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 3,5853.6k $187.7k $187.7k 0.00% Reduced -1.4k -1,400
77 HOLLENCREST CAPITAL MANAGEMENT 0.02% of their portfolio NEWPORT BEACH, CA 3,5593.6k $186.4k $186.4k 0.02% Added +1.6k +1,621
78 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 3,4893.5k $182.7k $182.7k 0.00% Reduced -1.3k -1,309
79 Zions Bancorporation, N.A. 0.01% of their portfolio SALT LAKE CITY, UT 3,3303.3k $174.4k $174.4k 0.01% New
80 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 2,6422.6k $139.0k $139.0k 0.00% Reduced -91 -91
81 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 2,4272.4k $127.1k $127.1k 0.00% Reduced -521 -521
82 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,2572.3k $118.2k $118.2k 0.00% Added +549 +549
83 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 1,8801.9k $98.4k $98.4k 0.00% Added +324 +324
84 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,8041.8k $94.4k $94.4k 0.00% Reduced -503 -503
85 CNB Bank 0.04% of their portfolio CLEARFIELD, PA 1,1551.2k $60.5k $60.5k 0.04% Unchanged
86 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 1,0511.1k $55.0k $55.0k 0.00% New
87 GLENMEDE TRUST CO NA 0.00% of their portfolio PHILADELPHIA, PA 1,0391.0k $54.0k $54.0k 0.00% Unchanged
88 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 986986 $51.6k $51.6k 0.00% Added +626 +626
89 Versant Capital Management, Inc 0.01% of their portfolio PHOENIX, AZ 842842 $44.1k $44.1k 0.01% Unchanged
90 PRIVATE TRUST CO NA 0.01% of their portfolio CLEVELAND, OH 817817 $42.8k $42.8k 0.01% Added +298 +298
91 Key Financial Inc 0.01% of their portfolio WEST CHESTER, PA 746746 $39.1k $39.1k 0.01% Unchanged
92 GABLES CAPITAL MANAGEMENT INC. 0.02% of their portfolio MIAMI, FL 682682 $35.7k $35.7k 0.02% Added +309 +309
93 VALLEY NATIONAL ADVISERS INC 0.01% of their portfolio BETHLEHEM, PA 636636 $34.0k $34.0k 0.01% Unchanged
94 MOTCO 0.00% of their portfolio SAN ANTONIO, TX 636636 $33.3k $33.3k 0.00% Unchanged
95 Lindbrook Capital, LLC 0.00% of their portfolio CALABASAS, CA 438438 $22.9k $22.9k 0.00% Unchanged
96 OPTIMUM INVESTMENT ADVISORS 0.01% of their portfolio Chicago, IL 425425 $22.3k $22.3k 0.01% Unchanged
97 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 355355 $18.6k $18.6k 0.00% Unchanged
98 FMR LLC 0.00% of their portfolio BOSTON, MA 312312 $16.3k $16.3k 0.00% Reduced -98 -98
99 Sandy Spring Bank 0.00% of their portfolio Olney, MD 294294 $15.4k $15.4k 0.00% Added +3 +3
100 STEPH & CO 0.01% of their portfolio MARINETTE, WI 285285 $14.9k $14.9k 0.01% New