Vault-13

FLEXSHARES TR TLTD

M STAR DEV MKT · ETP · CUSIP 33939L803

84 institutional holders +2 vs Q4 2025
5,917,2595.9m shares reported held*
$556.4mreported value*
13 new 24 added 26 reduced 8 sold out net sold ≈ $2.7m (-29.9k 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 ($13.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $94.02.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 50Q4 22: 54Q1 23: 55Q2 23: 62Q3 23: 61Q4 23: 64Q1 24: 56Q2 24: 63Q3 24: 64Q4 24: 72Q1 25: 72Q2 25: 75Q3 25: 69Q4 25: 82Q1 26: 8484Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202250
Q4 202254
Q1 202355
Q2 202362
Q3 202361
Q4 202364
Q1 202456
Q2 202463
Q3 202464
Q4 202472
Q1 202572
Q2 202575
Q3 202569
Q4 202582
Q1 202684

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 24: 30 bought or addedQ2 24: 22 cut or sold outQ3 24: 22 bought or addedQ3 24: 36 cut or sold outQ3 24Q4 24: 24 bought or addedQ4 24: 35 cut or sold outQ1 25: 26 bought or addedQ1 25: 33 cut or sold outQ1 25Q2 25: 33 bought or addedQ2 25: 25 cut or sold outQ3 25: 29 bought or addedQ3 25: 28 cut or sold outQ3 25Q4 25: 35 bought or addedQ4 25: 25 cut or sold outQ1 26: 37 bought or addedQ1 26: 34 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20243022
Q3 20242236
Q4 20242435
Q1 20252633
Q2 20253325
Q3 20252928
Q4 20253525
Q1 20263734

Biggest buyers

Creative Planning New +64,745+64.7k
JANE STREET GROUP, LLC New +43,825+43.8k
GOLDMAN SACHS GROUP INC New +15,638+15.6k
Harbour Trust & Investment Management Co Added +13,755+13.8k
WealthPlan Investment Management, LLC New +10,374+10.4k
CITADEL ADVISORS LLC New +8,252+8.3k
VestGen Advisors, LLC New +8,110+8.1k
BANK OF MONTREAL /CAN/ New +8,094+8.1k
COMMONWEALTH EQUITY SERVICES, LLC Added +6,182+6.2k
BRIDGES INVESTMENT MANAGEMENT INC Added +5,280+5.3k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -64,696-64.7k
NORTHERN TRUST CORP Reduced -46,430-46.4k
Sageworth Trust Co Sold out -41,847-41.8k
MML INVESTORS SERVICES, LLC Reduced -37,059-37.1k
Cornerstone National Bank & Trust Co Reduced -9,425-9.4k
Corient Private Wealth LP Reduced -8,170-8.2k
Efficient Advisors, LLC Reduced -5,646-5.6k
TFB Advisors LLC Sold out -4,989-5.0k
FLOW TRADERS U.S. LLC Sold out -3,365-3.4k
SageView Advisory Group, LLC Reduced -3,206-3.2k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.05% of their portfolio CHICAGO, IL 3,848,3663.8m $361.7m $361.7m 0.05% Reduced -46.4k -46,430
2 Capstone Financial Advisors, Inc. 2.32% of their portfolio DOWNERS GROVE, IL 458,202458.2k $43.1m $43.1m 2.32% Reduced -1.6k -1,587
3 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 371,235371.2k $34.9m $34.9m 0.01% Reduced -64.7k -64,696
4 Harbour Trust & Investment Management Co 1.51% of their portfolio MICHIGAN CITY, IN 151,536151.5k $14.2m $14.2m 1.51% Added +13.8k +13,755
5 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 128,452128.5k $12.1m $12.1m 0.02% Added +6.2k +6,182
6 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 108,507108.5k $10.2m $10.2m 0.03% Reduced -37.1k -37,059
7 Cornerstone National Bank & Trust Co 3.63% of their portfolio PALATINE, IL 103,035103.0k $9.9m $9.9m 3.63% Reduced -9.4k -9,425
8 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 64,74564.7k $6.1m $6.1m 0.00% New
9 SageView Advisory Group, LLC 0.22% of their portfolio Newport Beach, CA 64,20064.2k $6.0m $6.0m 0.22% Reduced -3.2k -3,206
10 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 63,32663.3k $6.0m $6.0m 0.00% Reduced -2.0k -2,013
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 50,29250.3k $4.7m $4.7m 0.00% Added +764 +764
12 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 43,82543.8k $4.1m $4.1m 0.00% New
13 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 36,08036.1k $3.4m $3.4m 0.00% Reduced -788 -788
14 LRI Investments, LLC 0.22% of their portfolio PALM BEACH GARDENS, FL 26,43626.4k $2.5m $2.5m 0.22% Unchanged
15 First PREMIER Bank 0.54% of their portfolio SIOUX FALLS, SD 24,73324.7k $2.3m $2.3m 0.54% Unchanged
16 Discipline Wealth Solutions, LLC 0.22% of their portfolio GREENVILLE, SC 22,52122.5k $2.1m $2.1m 0.22% Added +1.1k +1,074
17 BRIDGES INVESTMENT MANAGEMENT INC 0.03% of their portfolio OMAHA, NE 22,35222.4k $2.1m $2.1m 0.03% Added +5.3k +5,280
18 Efficient Advisors, LLC 0.14% of their portfolio BEAVERTON, OR 20,50320.5k $1.9m $1.9m 0.14% Reduced -5.6k -5,646
19 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 19,58619.6k $1.8m $1.8m 0.00% Added +331 +331
20 Arlington Trust Co LLC 0.14% of their portfolio BIRMINGHAM, AL 17,20617.2k $1.6m $1.6m 0.14% Unchanged
21 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 15,63815.6k $1.5m $1.5m 0.00% New
22 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 13,47113.5k $1.2m $1.2m 0.00% Added +113 +113
23 Trace Wealth Advisors, LLC 0.95% of their portfolio Los Angeles, CA 13,43213.4k $1.3m $1.3m 0.95% Unchanged
24 WealthPlan Investment Management, LLC 0.05% of their portfolio OMAHA, NE 10,37410.4k $975.0k $975.0k 0.05% New
25 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 8,7558.8k $822.9k $822.9k 0.01% Added +252 +252
26 VICTORY FINANCIAL GROUP, LLC 0.10% of their portfolio AUSTIN, TX 8,7178.7k $819.3k $819.3k 0.10% Added +567 +567
27 Cyndeo Wealth Partners, LLC 0.04% of their portfolio ST. PETERSBURG, FL 8,3348.3k $783.3k $783.3k 0.04% Reduced -17 -17
28 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 8,2528.3k $775.6k $775.6k 0.00% New
29 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 8,2078.2k $771.4k $771.4k 0.00% Added +805 +805
30 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 8,1708.2k $767.9k $767.9k 0.00% Reduced -8.2k -8,170
31 VestGen Advisors, LLC 0.02% of their portfolio CHICAGO, IL 8,1108.1k $815.8k $815.8k 0.02% New
32 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 8,0948.1k $760.7k $760.7k 0.00% New
33 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 7,3247.3k $688.4k $688.4k 0.00% Reduced -100 -100
34 Vise Technologies, Inc. 0.01% of their portfolio NEW YORK, NY 7,2527.3k $672.5k $672.5k 0.01% Unchanged
35 EJMK Ventures LLC 0.38% of their portfolio ITASCA, IL 7,2077.2k $677.4k $677.4k 0.38% Reduced -510 -510
36 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 7,1477.1k $672.0k $672.0k 0.00% Added +210 +210
37 VestGen Investment Management 0.36% of their portfolio EGG HARBOR TOWNSHIP, NJ 6,8816.9k $646.7k $646.7k 0.36% Reduced -1.7k -1,744
38 Herold Advisors, Inc. 0.13% of their portfolio New York, NY 6,4036.4k $601.8k $601.8k 0.13% Reduced -352 -352
39 PARK NATIONAL CORP /OH/ 0.02% of their portfolio NEWARK, OH 6,1866.2k $581.4k $581.4k 0.02% Reduced -128 -128
40 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 5,7765.8k $542.9k $542.9k 0.00% Reduced -33 -33
41 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 5,3555.4k $503.4k $503.4k 0.00% Added +835 +835
42 BOKF, NA 0.01% of their portfolio TULSA, OK 5,3375.3k $501.6k $501.6k 0.01% Reduced -837 -837
43 Wealth Architects, LLC 0.04% of their portfolio MOUNTAIN VIEW, CA 5,2125.2k $489.9k $489.9k 0.04% Reduced -273 -273
44 SeaCrest Wealth Management, LLC 0.04% of their portfolio PURCHASE, NY 4,3594.4k $409.7k $409.7k 0.04% New
45 Retirement Planning Group, LLC 0.01% of their portfolio LEAWOOD, KS 4,2464.2k $399.1k $399.1k 0.01% Unchanged
46 Forum Financial Management, LP 0.01% of their portfolio LOMBARD, IL 4,0794.1k $383.4k $383.4k 0.01% Unchanged
47 Hudson Portfolio Management LLC 0.32% of their portfolio Garrison, NY 4,0674.1k $382.2k $382.2k 0.32% New
48 AlphaCore Capital LLC 0.01% of their portfolio LA JOLLA, CA 4,0624.1k $381.8k $381.8k 0.01% Added +3 +3
49 Patriot Financial Group Insurance Agency, LLC 0.02% of their portfolio Westborough, MA 3,9504.0k $371.2k $371.2k 0.02% New
50 Patton Albertson Miller Group, LLC 0.04% of their portfolio Chattanooga, TN 3,9473.9k $371.0k $371.0k 0.04% Unchanged
51 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 3,8973.9k $370.1k $370.1k 0.00% New
52 ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ 0.02% of their portfolio SALT LAKE CITY, UT 3,6763.7k $345.5k $345.5k 0.02% Unchanged
53 SAGESPRING WEALTH PARTNERS, LLC 0.01% of their portfolio FRANKLIN, TN 3,4833.5k $327.4k $327.4k 0.01% Added +124 +124
54 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 3,2433.2k $305.0k $305.0k 0.00% Unchanged
55 Greenspring Advisors, LLC 0.02% of their portfolio Towson, MD 3,0593.1k $287.5k $287.5k 0.02% Reduced -566 -566
56 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 2,9322.9k $275.6k $275.6k 0.00% Added +1 +1
57 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 2,7472.7k $258.2k $258.2k 0.01% Reduced -8 -8
58 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 2,6342.6k $247.6k $247.6k 0.00% Unchanged
59 Chicago Partners Investment Group LLC 0.01% of their portfolio CHICAGO, IL 2,5192.5k $247.6k $247.6k 0.01% Added +3 +3
60 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 2,4212.4k $227.6k $227.6k 0.00% Reduced -117 -117
61 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 2,3822.4k $227.2k $227.2k 0.00% Unchanged
62 Gladstone Institutional Advisory LLC 0.01% of their portfolio Bedminster, NJ 2,3762.4k $223.3k $223.3k 0.01% Added +37 +37
63 First Heartland Consultants, Inc. 0.02% of their portfolio LAKE ST. LOUIS, MO 2,3162.3k $217.7k $217.7k 0.02% Added +58 +58
64 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 2,3162.3k $217.7k $217.7k 0.00% Added +58 +58
65 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 2,1772.2k $204.6k $204.6k 0.00% Added +1.8k +1,800
66 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,9401.9k $182.3k $182.3k 0.00% Added +74 +74
67 GeoWealth Management, LLC 0.00% of their portfolio CHICAGO, IL 1,2001.2k $112.8k $112.8k 0.00% Reduced -53 -53
68 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1,0901.1k $102.4k $102.4k 0.00% Unchanged
69 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 884884 $83.0k $83.0k 0.00% Unchanged
70 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 868868 $83.1k $83.1k 0.00% Reduced -61 -61
71 UBS Group AG 0.00% of their portfolio ZURICH, V8 765765 $71.9k $71.9k 0.00% Unchanged
72 Kings Path Partners LLC 0.02% of their portfolio SUGAR LAND, TX 763763 $71.7k $71.7k 0.02% Reduced -35 -35
73 CX Institutional 0.00% of their portfolio AUBURN, IN 653653 $61.0k $61.0k 0.00% Added +1 +1
74 FMR LLC 0.00% of their portfolio BOSTON, MA 592592 $55.6k $55.6k 0.00% Unchanged
75 VESTOR CAPITAL, LLC 0.00% of their portfolio CHICAGO, IL 487487 $46.0k $46.0k 0.00% Reduced -1.2k -1,159
76 HIGHLINE WEALTH PARTNERS LLC 0.01% of their portfolio SHERMAN OAKS, CA 420420 $39.5k $39.5k 0.01% New
77 CURIO WEALTH, LLC 0.01% of their portfolio ANNAPOLIS, MD 386386 $36.3k $36.3k 0.01% Unchanged
78 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 360360 $33.8k $33.8k 0.00% Unchanged
79 Cornerstone Planning Group LLC 0.00% of their portfolio FAIRFIELD, NJ 337337 $33.3k $33.3k 0.00% Added +1 +1
80 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 290290 $27.3k $27.3k 0.00% Added +229 +229
81 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 258258 $24.2k $24.2k 0.00% Unchanged
82 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 218218 $20.5k $20.5k 0.00% Unchanged
83 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 146146 $13.7k $13.7k 0.00% New
84 Wilmington Savings Fund Society, FSB 0.00% of their portfolio WILMINGTON, DE 8888 $8.3k $8.3k 0.00% Unchanged