Vault-13

FLEXSHARES TR QDEF

QLT DIV DEF IDX · ETP · CUSIP 33939L845

101 institutional holders +11 vs Q1 2026
4,941,5204.9m shares reported held*
$430.0mreported value*
10 new 30 added 32 reduced 0 sold out net bought ≈ $5.7m (+65.6k 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 ($177.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $87.01.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 71Q4 22: 69Q1 23: 71Q2 23: 69Q3 23: 72Q4 23: 80Q1 24: 85Q2 24: 75Q3 24: 83Q4 24: 85Q1 25: 89Q2 25: 88Q3 25: 96Q4 25: 96Q1 26: 90Q2 26: 101101Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202271
Q4 202269
Q1 202371
Q2 202369
Q3 202372
Q4 202380
Q1 202485
Q2 202475
Q3 202483
Q4 202485
Q1 202589
Q2 202588
Q3 202596
Q4 202596
Q1 202690
Q2 2026101

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q3 24: 35 bought or addedQ3 24: 26 cut or sold outQ4 24: 30 bought or addedQ4 24: 32 cut or sold outQ4 24Q1 25: 37 bought or addedQ1 25: 36 cut or sold outQ2 25: 33 bought or addedQ2 25: 32 cut or sold outQ2 25Q3 25: 41 bought or addedQ3 25: 27 cut or sold outQ4 25: 40 bought or addedQ4 25: 34 cut or sold outQ4 25Q1 26: 37 bought or addedQ1 26: 35 cut or sold outQ2 26: 40 bought or addedQ2 26: 32 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20243526
Q4 20243032
Q1 20253736
Q2 20253332
Q3 20254127
Q4 20254034
Q1 20263735
Q2 20264032

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20k$40k$60kQ3 25 calls: $0Q3 25 puts: $56.0kQ3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $0Q2 26 puts: $0Q2 26P/C —
Numbers
QuarterCallsPutsP/C
Q3 2025$0$56.0k—
Q4 2025$0$0—
Q1 2026$0$0—
Q2 2026$0$0—

Biggest buyers

MORGAN STANLEY Added +32,650+32.6k
MML INVESTORS SERVICES, LLC Added +21,689+21.7k
Cambridge Investment Research Advisors, Inc. Added +19,285+19.3k
NORTHERN TRUST CORP Added +17,888+17.9k
Clear Point Advisors Inc. New +14,881+14.9k
JPMORGAN CHASE & CO Added +13,717+13.7k
BANK OF MONTREAL /CAN/ Added +8,523+8.5k
WT Wealth Management Added +7,856+7.9k
LPL Financial LLC Added +7,432+7.4k
RVW Wealth, LLC Added +7,403+7.4k

Biggest sellers

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -81,564-81.6k
RAYMOND JAMES FINANCIAL INC Reduced -10,478-10.5k
FLPUTNAM INVESTMENT MANAGEMENT CO Reduced -3,856-3.9k
Texas Capital Bank Wealth Management Services Inc Reduced -2,648-2.6k
Herold Advisors, Inc. Reduced -2,575-2.6k
SIMON QUICK ADVISORS, LLC Reduced -2,500-2.5k
BANK OF AMERICA CORP /DE/ Reduced -2,385-2.4k
Perigon Wealth Management, LLC Reduced -2,359-2.4k
FMR LLC Reduced -2,221-2.2k
Equitable Holdings, Inc. Reduced -1,463-1.5k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.03% of their portfolio CHICAGO, IL 3,433,5953.4m $298.8m $298.8m 0.03% Added +17.9k +17,888
2 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 188,275188.3k $16.4m $16.4m 0.00% Added +7.4k +7,432
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 101,603101.6k $8.8m $8.8m 0.00% Added +32.6k +32,650
4 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 89,02489.0k $7.7m $7.7m 0.00% Reduced -2.4k -2,385
5 RVW Wealth, LLC 0.50% of their portfolio LOS ANGELES, CA 88,06588.1k $7.7m $7.7m 0.50% Added +7.4k +7,403
6 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 80,47580.5k $7.0m $7.0m 0.00% Reduced -10.5k -10,478
7 Sloy Dahl & Holst, LLC 0.78% of their portfolio Vancouver, WA 72,66672.7k $6.3m $6.3m 0.78% Added +488 +488
8 VAQUERO PRIVATE WEALTH, LTD 1.19% of their portfolio DALLAS, TX 66,63966.6k $5.8m $5.8m 1.19% First filing
9 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 40,94540.9k $3.6m $3.6m 0.01% Added +21.7k +21,689
10 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 39,15039.1k $3.4m $3.4m 0.00% Added +19.3k +19,285
11 Texas Capital Bank Wealth Management Services Inc 0.15% of their portfolio Dallas, TX 31,41331.4k $2.7m $2.7m 0.15% Reduced -2.6k -2,648
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 30,53630.5k $2.6m $2.6m 0.00% Added +13.7k +13,717
13 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 30,00030.0k $2.6m $2.6m 0.00% Unchanged
14 WT Wealth Management 0.66% of their portfolio SCOTTSDALE, AZ 27,59027.6k $2.4m $2.4m 0.66% Added +7.9k +7,856
15 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 25,20725.2k $2.2m $2.2m 0.00% Added +1.7k +1,655
16 L & S Advisors Inc 0.22% of their portfolio Los Angeles, CA 24,19524.2k $2.1m $2.1m 0.22% Reduced -318 -318
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 23,48923.5k $2.0m $2.0m 0.00% Reduced -174 -174
18 FLPUTNAM INVESTMENT MANAGEMENT CO 0.02% of their portfolio PORTLAND, ME 21,33821.3k $1.9m $1.9m 0.02% Reduced -3.9k -3,856
19 Anson Capital, Inc. 1.14% of their portfolio TYRONE, GA 20,12620.1k $1.8m $1.8m 1.14% Added +2.1k +2,079
20 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 19,23719.2k $1.7m $1.7m 0.00% Added +119 +119
21 RIK SAYLOR FINANCIAL, INC. 1.10% of their portfolio FAIRFIELD, OH 19,02619.0k $1.7m $1.7m 1.10% Reduced -173 -173
22 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 18,22418.2k $1.6m $1.6m 0.00% Added +57 +57
23 SCS Capital Management LLC 0.01% of their portfolio BOSTON, MA 16,06616.1k $1.4m $1.4m 0.01% Unchanged
24 REDW Wealth LLC 0.50% of their portfolio ALBUQUERQUE, NM 16,03316.0k $1.4m $1.4m 0.50% Added +15 +15
25 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 15,86415.9k $1.4m $1.4m 0.00% Reduced -381 -381
26 GREENLEAF TRUST 0.01% of their portfolio KALAMAZOO, MI 15,28415.3k $1.3m $1.3m 0.01% Unchanged
27 Clear Point Advisors Inc. 1.15% of their portfolio MELVILLE, NY 14,88114.9k $1.3m $1.3m 1.15% New
28 CAMBIENT FAMILY OFFICE, LLC 0.16% of their portfolio ADA, MI 14,48914.5k $1.3m $1.3m 0.16% Added +2.9k +2,877
29 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 13,45213.5k $1.2m $1.2m 0.00% Reduced -217 -217
30 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 13,42213.4k $1.2m $1.2m 0.00% Reduced -74 -74
31 COURIER CAPITAL LLC 0.06% of their portfolio BUFFALO, NY 12,71412.7k $1.1m $1.1m 0.06% Reduced -357 -357
32 J.W. COLE ADVISORS, INC. 0.02% of their portfolio TAMPA, FL 12,63912.6k $1.1m $1.1m 0.02% Added +365 +365
33 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 12,57312.6k $1.1m $1.1m 0.00% Reduced -1.1k -1,137
34 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 12,44412.4k $1.1m $1.1m 0.00% Added +8.5k +8,523
35 Kaydan Wealth Management, Inc. 0.31% of their portfolio FENTON, MI 11,82711.8k $1.0m $1.0m 0.31% Added +299 +299
36 BEAM WEALTH ADVISORS, INC. 0.22% of their portfolio COVINGTON, LA 11,46511.5k $997.7k $997.7k 0.22% Reduced -138 -138
37 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 11,42711.4k $978.0k $978.0k 0.00% Added +2.4k +2,369
38 Pacific Sun Financial Corp 0.41% of their portfolio LOS ANGELES, CA 11,41311.4k $993.2k $993.2k 0.41% Reduced -1.2k -1,220
39 Wealthcare Advisory Partners LLC 0.02% of their portfolio WEST CHESTER, PA 11,34111.3k $986.9k $986.9k 0.02% Added +7 +7
40 Ameritas Advisory Services, LLC 0.02% of their portfolio Lincoln, NE 10,25810.3k $892.7k $892.7k 0.02% Added +4.3k +4,341
41 Cedar Wealth Management, LLC 0.21% of their portfolio LA JOLLA, CA 9,5769.6k $833.3k $833.3k 0.21% Unchanged
42 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 8,7738.8k $763.4k $763.4k 0.00% Unchanged
43 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 8,3988.4k $730.8k $730.8k 0.00% Added +62 +62
44 UBS Group AG 0.00% of their portfolio ZURICH, V8 7,6327.6k $664.2k $664.2k 0.00% Reduced -373 -373
45 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 7,5267.5k $655.0k $655.0k 0.00% Added +207 +207
46 FMR LLC 0.00% of their portfolio BOSTON, MA 7,4427.4k $647.6k $647.6k 0.00% Reduced -2.2k -2,221
47 SIMON QUICK ADVISORS, LLC 0.03% of their portfolio MORRISTOWN, NJ 7,3717.4k $641.4k $641.4k 0.03% Reduced -2.5k -2,500
48 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 7,3357.3k $638.3k $638.3k 0.00% Reduced -376 -376
49 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 7,2927.3k $634.6k $634.6k 0.00% Reduced -1.5k -1,463
50 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 7,0097.0k $609.9k $609.9k 0.01% Reduced -4 -4
51 MONECO ADVISORS, LLC 0.04% of their portfolio FAIRFIELD, CT 6,9997.0k $609.1k $609.1k 0.04% Unchanged
52 Grove Bank & Trust 0.05% of their portfolio Miami, FL 6,1536.2k $535.4k $535.4k 0.05% Reduced -1.2k -1,215
53 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 5,9245.9k $515.5k $515.5k 0.00% New
54 NAPLES GLOBAL ADVISORS, LLC 0.03% of their portfolio NAPLES, FL 5,9045.9k $513.8k $513.8k 0.03% Unchanged
55 Ledyard National Bank 0.04% of their portfolio HANOVER, NH 5,5035.5k $478.9k $478.9k 0.04% Unchanged
56 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 5,2655.3k $458.2k $458.2k 0.01% Added +1 +1
57 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 5,1645.2k $449.4k $449.4k 0.00% Reduced -762 -762
58 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 4,9965.0k $434.8k $434.8k 0.00% Unchanged
59 Herold Advisors, Inc. 0.08% of their portfolio New York, NY 4,7994.8k $417.0k $417.0k 0.08% Reduced -2.6k -2,575
60 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 4,3324.3k $377.0k $377.0k 0.00% Reduced -1.4k -1,418
61 White Knight Strategic Wealth Advisors, LLC 0.26% of their portfolio PRINCETON, NJ 4,2384.2k $368.8k $368.8k 0.26% Unchanged
62 SUMMIT WEALTH GROUP LLC / CO 0.03% of their portfolio COLORADO SPRINGS, CO 4,0834.1k $355.3k $355.3k 0.03% Added +16 +16
63 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 4,0114.0k $349.0k $349.0k 0.01% Unchanged
64 Rossmore Private Capital 0.03% of their portfolio GLASTONBURY, CT 4,0004.0k $348.1k $348.1k 0.03% Unchanged
65 World Investment Advisors 0.01% of their portfolio LINCROFT, NJ 3,8923.9k $310.7k $310.7k 0.01% Unchanged
66 BIP Wealth, LLC 0.01% of their portfolio ATLANTA, GA 3,7943.8k $330.1k $330.1k 0.01% New
67 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 3,7653.8k $327.6k $327.6k 0.00% Reduced -75 -75
68 NorthRock Partners, LLC 0.00% of their portfolio MINNEAPOLIS, MN 3,6603.7k $318.5k $318.5k 0.00% Unchanged
69 ROBERTS GLORE & CO INC /IL/ 0.08% of their portfolio DEERFIELD, IL 3,5003.5k $304.6k $304.6k 0.08% Unchanged
70 Concurrent Investment Advisors, LLC 0.00% of their portfolio Tampa, FL 3,4663.5k $301.6k $301.6k 0.00% Added +14 +14
71 ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ 0.02% of their portfolio SALT LAKE CITY, UT 3,4093.4k $296.7k $296.7k 0.02% Unchanged
72 Investors Research Corp 0.05% of their portfolio ATLANTA, GA 3,3253.3k $289.3k $289.3k 0.05% Added +96 +96
73 CENTAURUS FINANCIAL, INC. 0.01% of their portfolio ANAHEIM, CA 3,2253.2k $281.0k $281.0k 0.01% Reduced -204 -204
74 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 3,0923.1k $269.1k $269.1k 0.00% Added +3 +3
75 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 2,9803.0k $259.4k $259.4k 0.00% First filing
76 Perigon Wealth Management, LLC 0.00% of their portfolio SAN FRANCISCO, CA 2,7652.8k $240.6k $240.6k 0.00% Reduced -2.4k -2,359
77 WEST BANCORPORATION INC 0.10% of their portfolio WEST DES MOINES, IA 2,6642.7k $231.8k $231.8k 0.10% Unchanged
78 NORTHSTAR ASSET MANAGEMENT Co 0.04% of their portfolio BLUE BELL, PA 2,5002.5k $220.9k $220.9k 0.04% New
79 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 2,3932.4k $208.0k $208.0k 0.01% New
80 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 2,3632.4k $205.6k $205.6k 0.00% New
81 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 2,3512.4k $205.0k $205.0k 0.00% New
82 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 2,2932.3k $199.5k $199.5k 0.00% Added +233 +233
83 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 2,0442.0k $177.9k $177.9k 0.00% Unchanged
84 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 1,7001.7k $147.9k $147.9k 0.00% Unchanged
85 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 1,0491.0k $91.3k $91.3k 0.00% Unchanged
86 BOKF, NA 0.00% of their portfolio TULSA, OK 917917 $79.8k $79.8k 0.00% Reduced -83 -83
87 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 826826 $71.9k $71.9k 0.00% Unchanged
88 CALDWELL SUTTER CAPITAL, INC. 0.02% of their portfolio SAUSALITO, CA 605605 $52.6k $52.6k 0.02% Unchanged
89 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 527527 $45.9k $45.9k 0.00% Unchanged
90 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 518518 $45.1k $45.1k 0.00% Reduced -81.6k -81,564
91 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 400400 $34.8k $34.8k 0.00% Reduced -250 -250
92 Wilmington Savings Fund Society, FSB 0.00% of their portfolio WILMINGTON, DE 329329 $28.6k $28.6k 0.00% Unchanged
93 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 300300 $26.1k $26.1k 0.00% Added +299 +299
94 BlackRock, Inc. 0.00% of their portfolio New York, NY 251251 $21.8k $21.8k 0.00% New
95 Walsh & Associates, LLC 0.02% of their portfolio SARASOTA, FL 250250 $21.8k $21.8k 0.02% Reduced -78 -78
96 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 116116 $10.1k $10.1k 0.00% New
97 Pinnacle Bancorp, Inc. 0.00% of their portfolio BEATRICE, NE 106106 $9.2k $9.2k 0.00% Reduced -3 -3
98 FINANCIAL CONSULATE, INC 0.00% of their portfolio HUNT VALLEY, MD 3434 $3.0k $3.0k 0.00% Unchanged
99 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1515 $1.3k $1.3k 0.00% New
100 DHJJ Financial Advisors, Ltd. 0.00% of their portfolio NAPERVILLE, IL 44 $349 $349 0.00% Unchanged