Vault-13

FLEXSHARES TR QDF

QUALT DIVD IDX · ETP · CUSIP 33939L860

187 institutional holders +11 vs Q1 2026
19,340,60119.3m shares reported held*
$1.7bnreported value*
21 new 46 added 41 reduced 9 sold out net sold ≈ $31.9m (-354.4k 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 ($131.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $89.87.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 115Q4 22: 122Q1 23: 119Q2 23: 123Q3 23: 131Q4 23: 147Q1 24: 150Q2 24: 150Q3 24: 153Q4 24: 148Q1 25: 154Q2 25: 150Q3 25: 148Q4 25: 159Q1 26: 176Q2 26: 187187Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022115
Q4 2022122
Q1 2023119
Q2 2023123
Q3 2023131
Q4 2023147
Q1 2024150
Q2 2024150
Q3 2024153
Q4 2024148
Q1 2025154
Q2 2025150
Q3 2025148
Q4 2025159
Q1 2026176
Q2 2026187

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 50 bought or addedQ3 24: 46 cut or sold outQ4 24: 47 bought or addedQ4 24: 51 cut or sold outQ4 24Q1 25: 52 bought or addedQ1 25: 63 cut or sold outQ2 25: 34 bought or addedQ2 25: 69 cut or sold outQ2 25Q3 25: 47 bought or addedQ3 25: 60 cut or sold outQ4 25: 57 bought or addedQ4 25: 55 cut or sold outQ4 25Q1 26: 67 bought or addedQ1 26: 50 cut or sold outQ2 26: 67 bought or addedQ2 26: 50 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20245046
Q4 20244751
Q1 20255263
Q2 20253469
Q3 20254760
Q4 20255755
Q1 20266750
Q2 20266750

Biggest buyers

Bank of New York Mellon Corp Added +59,438+59.4k
Cambridge Investment Research Advisors, Inc. Added +30,848+30.8k
Bienville Capital Management, LLC New +30,220+30.2k
MML INVESTORS SERVICES, LLC Added +27,444+27.4k
Gryphon Financial Partners LLC New +14,900+14.9k
GOLDMAN SACHS GROUP INC Added +14,852+14.9k
Baird Financial Group, Inc. Added +14,256+14.3k
BANK OF AMERICA CORP /DE/ Added +13,538+13.5k
VeraBank, N.A. Added +11,964+12.0k
GTS SECURITIES LLC Added +8,357+8.4k

Biggest sellers

NORTHERN TRUST CORP Reduced -190,123-190.1k
TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC Reduced -137,409-137.4k
TIAA Wealth Investment Management LLC Reduced -112,610-112.6k
CFS Investment Advisory Services, LLC Reduced -49,456-49.5k
JPMORGAN CHASE & CO Reduced -47,609-47.6k
UBS Group AG Reduced -25,269-25.3k
CITADEL ADVISORS LLC Sold out -18,312-18.3k
Clayton Financial Group LLC Sold out -17,000-17.0k
O'SHAUGHNESSY ASSET MANAGEMENT, LLC Sold out -14,530-14.5k
Addison Advisors LLC Sold out -8,681-8.7k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.11% of their portfolio CHICAGO, IL 10,940,92610.9m $983.8m $983.8m 0.11% Reduced -190.1k -190,123
2 TIAA Wealth Investment Management LLC 1.31% of their portfolio New York, NY 2,188,5562.2m $195.8m $195.8m 1.31% Reduced -112.6k -112,610
3 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 0.45% of their portfolio CHARLOTTE, NC 1,462,2071.5m $131.5m $131.5m 0.45% Reduced -137.4k -137,409
4 AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio Greenwich, CT 555,000555.0k $49.9m $49.9m 0.02% Unchanged
5 KEYBANK NATIONAL ASSOCIATION/OH 0.16% of their portfolio BROOKLYN, OH 539,792539.8k $48.5m $48.5m 0.16% Reduced -7.7k -7,660
6 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 485,629485.6k $43.7m $43.7m 0.01% Added +59.4k +59,438
7 VeraBank, N.A. 7.07% of their portfolio HENDERSON, TX 475,253475.3k $42.7m $42.7m 7.07% Added +12.0k +11,964
8 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 327,350327.4k $29.4m $29.4m 0.01% Added +7.2k +7,222
9 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 326,259326.3k $29.3m $29.3m 0.01% Added +8.3k +8,322
10 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 315,894315.9k $28.4m $28.4m 0.00% Added +13.5k +13,538
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 239,136239.1k $21.5m $21.5m 0.00% Reduced -4.1k -4,081
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 213,356213.4k $19.2m $19.2m 0.00% Reduced -25.3k -25,269
13 Baird Financial Group, Inc. 0.03% of their portfolio MILWAUKEE, WI 209,577209.6k $18.8m $18.8m 0.03% Added +14.3k +14,256
14 Ledyard National Bank 1.07% of their portfolio HANOVER, NH 148,475148.5k $13.4m $13.4m 1.07% Reduced -2.8k -2,833
15 Wealthspire Advisors, LLC 0.07% of their portfolio NEW YORK, NY 147,238147.2k $13.2m $13.2m 0.07% Reduced -760 -760
16 BRIDGES INVESTMENT MANAGEMENT INC 0.13% of their portfolio OMAHA, NE 121,348121.3k $10.9m $10.9m 0.13% Reduced -400 -400
17 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 113,460113.5k $10.2m $10.2m 0.01% Reduced -157 -157
18 Orion Porfolio Solutions, LLC 0.06% of their portfolio OMAHA, NE 93,48893.5k $8.4m $8.4m 0.06% Reduced -3.0k -3,031
19 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 91,10591.1k $8.2m $8.2m 0.02% Added +27.4k +27,444
20 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 79,81079.8k $7.2m $7.2m 0.00% Added +14.9k +14,852
21 BENJAMIN EDWARDS INC 0.06% of their portfolio Clayton, MO 76,55076.5k $6.9m $6.9m 0.06% Reduced -786 -786
22 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 70,58770.6k $6.3m $6.3m 0.00% Reduced -5.8k -5,826
23 Magnus Financial Group LLC 0.42% of their portfolio NEW YORK, NY 66,73066.7k $6.0m $6.0m 0.42% Added +249 +249
24 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 61,72661.7k $5.5m $5.5m 0.01% Added +30.8k +30,848
25 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 54,31954.3k $4.9m $4.9m 0.01% Added +4.8k +4,800
26 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 49,63749.6k $4.5m $4.5m 0.01% Reduced -2.4k -2,419
27 VestGen Advisors, LLC 0.12% of their portfolio CHICAGO, IL 44,29044.3k $4.0m $4.0m 0.12% Reduced -1.4k -1,430
28 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 44,06744.1k $4.0m $4.0m 0.00% Reduced -145 -145
29 VestGen Investment Management 2.03% of their portfolio EGG HARBOR TOWNSHIP, NJ 42,55942.6k $3.8m $3.8m 2.03% Reduced -3.3k -3,288
30 CVA Family Office, LLC 0.33% of their portfolio DENVER, CO 41,00341.0k $3.7m $3.7m 0.33% Reduced -885 -885
31 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 35,20335.2k $3.2m $3.2m 0.00% Added +686 +686
32 HORIZON BANCORP INC /IN/ 1.44% of their portfolio MICHIGAN CITY, IN 34,05034.0k $3.1m $3.1m 1.44% Reduced -748 -748
33 Allworth Financial LP 0.01% of their portfolio FOLSOM, CA 33,91933.9k $3.1m $3.1m 0.01% Reduced -1.0k -1,003
34 TIAA TRUST, NATIONAL ASSOCIATION 0.18% of their portfolio CHARLOTTE, NC 33,89633.9k $3.0m $3.0m 0.18% Reduced -1.0k -1,031
35 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 33,32533.3k $3.0m $3.0m 0.00% Reduced -47.6k -47,609
36 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 33,15633.2k $3.0m $3.0m 0.00% Added +878 +878
37 FIRST FOUNDATION ADVISORS 0.10% of their portfolio Irvine, CA 30,61830.6k $2.8m $2.8m 0.10% Unchanged
38 Bienville Capital Management, LLC 0.39% of their portfolio New York, NY 30,22030.2k $2.7m $2.7m 0.39% New
39 TRUST CO OF VERMONT 0.10% of their portfolio BRATTLEBORO, VT 30,12830.1k $2.7m $2.7m 0.10% First filing
40 Sageworth Trust Co 0.11% of their portfolio LANCASTER, PA 29,66429.7k $2.7m $2.7m 0.11% Unchanged
41 CFS Investment Advisory Services, LLC 0.14% of their portfolio TOTOWA, NJ 24,13624.1k $2.2m $2.2m 0.14% Reduced -49.5k -49,456
42 GTS SECURITIES LLC 0.04% of their portfolio NEW YORK, NY 22,49822.5k $2.0m $2.0m 0.04% Added +8.4k +8,357
43 HM PAYSON & CO 0.03% of their portfolio PORTLAND, ME 22,21522.2k $2.0m $2.0m 0.03% Unchanged
44 MATHER GROUP, LLC. 0.02% of their portfolio CHICAGO, IL 19,97820.0k $1.8m $1.8m 0.02% Reduced -1.0k -1,033
45 Bryn Mawr Trust Advisors, LLC 0.08% of their portfolio PHILADELPHIA, PA 19,84819.8k $1.8m $1.8m 0.08% Unchanged
46 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 19,84719.8k $1.8m $1.8m 0.00% Added +890 +890
47 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 17,70917.7k $1.6m $1.6m 0.00% Added +3.2k +3,223
48 COMMERCE BANK 0.01% of their portfolio KANSAS CITY, MO 17,55717.6k $1.6m $1.6m 0.01% Unchanged
49 Anson Capital, Inc. 1.01% of their portfolio TYRONE, GA 17,28317.3k $1.6m $1.6m 1.01% Reduced -3.3k -3,306
50 Atria Investments, Inc 0.02% of their portfolio Charlotte, NC 16,78816.8k $1.5m $1.5m 0.02% Added +58 +58
51 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 16,64716.6k $1.5m $1.5m 0.00% Added +6.6k +6,628
52 Selby Wealth Management, LLC 0.52% of their portfolio EMERYVILLE, CA 16,40316.4k $1.5m $1.5m 0.52% Reduced -120 -120
53 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 16,25616.3k $1.5m $1.5m 0.00% Unchanged
54 First Heartland Consultants, Inc. 0.09% of their portfolio LAKE ST. LOUIS, MO 15,70615.7k $1.4m $1.4m 0.09% Added +58 +58
55 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 15,29815.3k $1.4m $1.4m 0.00% Reduced -42 -42
56 Valued Retirements, Inc. 1.21% of their portfolio HOUSTON, TX 15,02815.0k $1.4m $1.4m 1.21% Unchanged
57 Gryphon Financial Partners LLC 0.12% of their portfolio COLUMBUS, OH 14,90014.9k $1.3m $1.3m 0.12% New
58 FIRST FINANCIAL CORP /IN/ 0.44% of their portfolio TERRE HAUTE, IN 14,27314.3k $1.3m $1.3m 0.44% Unchanged
59 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 13,87913.9k $1.2m $1.2m 0.00% Added +438 +438
60 Beacon Pointe Advisors, LLC 0.01% of their portfolio NEWPORT BEACH, CA 13,46613.5k $1.2m $1.2m 0.01% Unchanged
61 Sageworth Trust Co of South Dakota 0.75% of their portfolio SIOUX FALLS, SD 13,43613.4k $1.2m $1.2m 0.75% Reduced -1.0k -1,036
62 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 13,28213.3k $1.2m $1.2m 0.00% Added +360 +360
63 FMR LLC 0.00% of their portfolio BOSTON, MA 12,56412.6k $1.1m $1.1m 0.00% Added +1.9k +1,882
64 VISTA CAPITAL PARTNERS, INC. 0.09% of their portfolio PORTLAND, OR 11,76211.8k $1.1m $1.1m 0.09% Unchanged
65 SENTINEL TRUST CO LBA 0.09% of their portfolio HOUSTON, TX 10,70010.7k $962.0k $962.0k 0.09% Unchanged
66 Cedar Wealth Management, LLC 0.23% of their portfolio LA JOLLA, CA 9,96710.0k $896.2k $896.2k 0.23% Unchanged
67 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 9,8749.9k $887.9k $887.9k 0.00% Added +21 +21
68 WealthPlan Investment Management, LLC 0.04% of their portfolio OMAHA, NE 9,8589.9k $886.4k $886.4k 0.04% Added +1.4k +1,446
69 PARSONS CAPITAL MANAGEMENT INC/RI 0.04% of their portfolio PROVIDENCE, RI 9,8179.8k $882.7k $882.7k 0.04% Unchanged
70 Horizon Family Wealth, Inc. 0.40% of their portfolio CHICAGO, IL 9,6589.7k $868.5k $868.5k 0.40% Added +38 +38
71 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 9,1889.2k $811.9k $811.9k 0.00% Added +811 +811
72 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 8,1958.2k $736.9k $736.9k 0.00% Reduced -556 -556
73 Firestone Capital Management 0.14% of their portfolio SOUTH MIAMI, FL 8,1608.2k $733.7k $733.7k 0.14% Unchanged
74 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 7,8437.8k $705.2k $705.2k 0.00% Added +3 +3
75 UHLMANN PRICE SECURITIES, LLC 0.03% of their portfolio SKOKIE, IL 7,6977.7k $692.1k $692.1k 0.03% New
76 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 7,5977.6k $683.1k $683.1k 0.00% Added +2.2k +2,232
77 Pacific Sun Financial Corp 0.28% of their portfolio LOS ANGELES, CA 7,5557.6k $679.4k $679.4k 0.28% Unchanged
78 Charter Capital Management, LLC\DE 0.30% of their portfolio BROOKFIELD, WI 7,5367.5k $677.7k $677.7k 0.30% Unchanged
79 M. Kraus & Co 0.18% of their portfolio SHELBURNE, VT 7,5007.5k $674.4k $674.4k 0.18% Unchanged
80 Geneos Wealth Management Inc. 0.01% of their portfolio ENGLEWOOD, CO 7,3737.4k $663.0k $663.0k 0.01% Unchanged
81 Corsicana & Co. 0.32% of their portfolio CORSICANA, TX 7,3627.4k $662.0k $662.0k 0.32% New
82 Global Retirement Partners, LLC 0.01% of their portfolio San Rafael, CA 7,1097.1k $639.3k $639.3k 0.01% First filing
83 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 6,8406.8k $615.1k $615.1k 0.00% Unchanged
84 McGinn Penninger Investment Management, Inc. 0.37% of their portfolio Alexandria, VA 6,8026.8k $612.0k $612.0k 0.37% Reduced -240 -240
85 One Capital Management, LLC 0.01% of their portfolio WESTLAKE VILLAGE, CA 6,7306.7k $532.3k $532.3k 0.01% Unchanged
86 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 6,6986.7k $602.3k $602.3k 0.00% Unchanged
87 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 6,6906.7k $601.6k $601.6k 0.00% Unchanged
88 WEST MICHIGAN ADVISORS, LLC 0.11% of their portfolio HOLLAND, MI 6,6556.7k $598.4k $598.4k 0.11% Reduced -238 -238
89 FLOW TRADERS U.S. LLC 0.02% of their portfolio NEW YORK, NY 6,4836.5k $583.0k $583.0k 0.02% Reduced -1.7k -1,739
90 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 6,2036.2k $557.8k $557.8k 0.01% Added +8 +8
91 Legacy Edge Advisors, LLC 0.05% of their portfolio SYOSSET, NY 6,1856.2k $556.2k $556.2k 0.05% Unchanged
92 Emerald Investment Advisers, LLC 0.04% of their portfolio LEOLA, PA 6,1856.2k $555.3k $555.3k 0.04% Unchanged
93 MGO ONE SEVEN LLC 0.01% of their portfolio Beachwood, OH 5,6425.6k $507.3k $507.3k 0.01% Reduced -716 -716
94 Live Oak Private Wealth LLC 0.06% of their portfolio WILMINGTON, NC 5,5825.6k $501.9k $501.9k 0.06% Unchanged
95 EQUITABLE TRUST CO 0.02% of their portfolio NASHVILLE, TN 5,5005.5k $494.6k $494.6k 0.02% Unchanged
96 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 5,4185.4k $487.2k $487.2k 0.00% Added +6 +6
97 Meridian Wealth Management, LLC 0.01% of their portfolio LEXINGTON, KY 5,0675.1k $455.6k $455.6k 0.01% Unchanged
98 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 5,0655.1k $455.0k $455.0k 0.00% Added +1.6k +1,611
99 Shore Point Advisors, LLC 0.15% of their portfolio BRIELLE, NJ 4,9845.0k $448.2k $448.2k 0.15% Unchanged
100 WealthPoint Financial, LLC 0.33% of their portfolio CRAMERTON, NC 4,9835.0k $448.1k $448.1k 0.33% Reduced -66 -66