Vault-13

FLEXSHARES TR RAVI

FLEXSHARES ULTRA · ETP · CUSIP 33939L886

56 institutional holders -5 vs Q4 2024
15,238,26515.2m shares reported held*
$1.2bnreported value*
9 new 15 added 19 reduced 14 sold out net bought ≈ $59.0m (+780.6k 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. Holder counts are more reliable. Implied quarter-end price ≈ $75.58.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 51Q4 22: 52Q1 23: 63Q2 23: 62Q3 23: 66Q4 23: 66Q1 24: 56Q2 24: 51Q3 24: 54Q4 24: 61Q1 25: 5656Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202251
Q4 202252
Q1 202363
Q2 202362
Q3 202366
Q4 202366
Q1 202456
Q2 202451
Q3 202454
Q4 202461
Q1 202556

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 23: 26 bought or addedQ2 23: 32 cut or sold outQ3 23: 30 bought or addedQ3 23: 26 cut or sold outQ3 23Q4 23: 22 bought or addedQ4 23: 34 cut or sold outQ1 24: 17 bought or addedQ1 24: 39 cut or sold outQ1 24Q2 24: 15 bought or addedQ2 24: 37 cut or sold outQ3 24: 25 bought or addedQ3 24: 23 cut or sold outQ3 24Q4 24: 28 bought or addedQ4 24: 27 cut or sold outQ1 25: 24 bought or addedQ1 25: 33 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20232632
Q3 20233026
Q4 20232234
Q1 20241739
Q2 20241537
Q3 20242523
Q4 20242827
Q1 20252433

Biggest buyers

NORTHERN TRUST CORP Added +856,896+856.9k
CITADEL ADVISORS LLC New +78,491+78.5k
KEYNOTE FINANCIAL SERVICES LLC Added +17,614+17.6k
MML INVESTORS SERVICES, LLC Added +10,027+10.0k
Baird Financial Group, Inc. Added +8,191+8.2k
JANE STREET GROUP, LLC New +7,318+7.3k
ENVESTNET ASSET MANAGEMENT INC Added +5,678+5.7k
Tower Research Capital LLC (TRC) Added +5,259+5.3k
Bank of New York Mellon Corp New +3,534+3.5k
CALTON & ASSOCIATES, INC. New +2,911+2.9k

Biggest sellers

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -58,828-58.8k
Chicago Partners Investment Group LLC Sold out -48,396-48.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -42,028-42.0k
MORGAN STANLEY Reduced -12,627-12.6k
LPL Financial LLC Reduced -9,171-9.2k
INTERACTIVE FINANCIAL ADVISORS, INC. Reduced -7,119-7.1k
XY Planning Network, Inc. Sold out -6,016-6.0k
Wealthcare Advisory Partners LLC Sold out -5,193-5.2k
STIFEL FINANCIAL CORP Reduced -4,919-4.9k
GREENLEAF TRUST Reduced -4,912-4.9k

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.16% of their portfolio CHICAGO, IL 14,368,57414.4m $1.1bn $1.1bn 0.16% Added +856.9k +856,896
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 122,157122.2k $9.2m $9.2m 0.00% Reduced -12.6k -12,627
3 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 112,770112.8k $8.5m $8.5m 0.00% Reduced -9.2k -9,171
4 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 80,47880.5k $6.1m $6.1m 0.01% Reduced -58.8k -58,828
5 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 78,49178.5k $5.9m $5.9m 0.01% New
6 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 72,96773.0k $5.5m $5.5m 0.02% Added +10.0k +10,027
7 CIM, LLC 0.81% of their portfolio ALBANY, NY 72,00272.0k $5.4m $5.4m 0.81% Added +1.4k +1,405
8 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 64,01464.0k $4.8m $4.8m 0.00% Added +5.7k +5,678
9 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 33,58533.6k $2.5m $2.5m 0.00% Added +8.2k +8,191
10 Boltwood Capital Management 0.55% of their portfolio WALNUT CREEK, CA 23,95624.0k $1.8m $1.8m 0.55% Reduced -3.3k -3,334
11 KEYNOTE FINANCIAL SERVICES LLC 1.11% of their portfolio VERNON, CT 20,59320.6k $1.6m $1.6m 1.11% Added +17.6k +17,614
12 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 15,12915.1k $1.1m $1.1m 0.00% Reduced -73 -73
13 Auour Investments LLC 0.40% of their portfolio WOBURN, MA 14,77314.8k $1.1m $1.1m 0.40% Reduced -392 -392
14 INTERACTIVE FINANCIAL ADVISORS, INC. 0.50% of their portfolio New Lenox, IL 12,49912.5k $944.7k $944.7k 0.50% Reduced -7.1k -7,119
15 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 11,07111.1k $838.3k $838.3k 0.00% Added +1.1k +1,136
16 SILVER OAK SECURITIES, INCORPORATED 0.08% of their portfolio JACKSON, TN 10,96411.0k $828.1k $828.1k 0.08% Added +59 +59
17 J.W. COLE ADVISORS, INC. 0.03% of their portfolio TAMPA, FL 10,85310.9k $820.3k $820.3k 0.03% Reduced -128 -128
18 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 9,98110.0k $754.0k $754.0k 0.00% Reduced -74 -74
19 GREENLEAF TRUST 0.01% of their portfolio KALAMAZOO, MI 9,2699.3k $700.6k $700.6k 0.01% Reduced -4.9k -4,912
20 Raab & Moskowitz Asset Management LLC 0.15% of their portfolio Chatham, NJ 8,0258.0k $606.5k $606.5k 0.15% Reduced -5 -5
21 Gateway Wealth Partners, LLC 0.13% of their portfolio APPLETON, WI 7,4857.5k $565.7k $565.7k 0.13% Reduced -75 -75
22 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 7,3187.3k $553.1k $553.1k 0.00% New
23 1776 Wealth LLC 0.24% of their portfolio ATLANTA, GA 6,9356.9k $524.1k $524.1k 0.24% Unchanged
24 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 5,2605.3k $397.6k $397.6k 0.01% Added +5.3k +5,259
25 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 4,8894.9k $369.5k $369.5k 0.00% Reduced -2.0k -1,991
26 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 4,8464.8k $364.8k $364.8k 0.00% Reduced -574 -574
27 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 4,3274.3k $327.0k $327.0k 0.00% Reduced -32 -32
28 Flaharty Asset Management, LLC 0.04% of their portfolio CLEARWATER, FL 4,0404.0k $305.3k $305.3k 0.04% Unchanged
29 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 3,5773.6k $270.0k $270.0k 0.00% Added +15 +15
30 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 3,5343.5k $267.1k $267.1k 0.00% New
31 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 3,4363.4k $259.7k $259.7k 0.00% Reduced -4.9k -4,919
32 PINNACLE ASSOCIATES LTD 0.00% of their portfolio NEW YORK, NY 3,3983.4k $256.8k $256.8k 0.00% Added +415 +415
33 Sloy Dahl & Holst, LLC 0.04% of their portfolio Vancouver, WA 3,2853.3k $248.3k $248.3k 0.04% Unchanged
34 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 3,0913.1k $234.0k $234.0k 0.00% Added +273 +273
35 CALTON & ASSOCIATES, INC. 0.05% of their portfolio Tampa, FL 2,9112.9k $220.0k $220.0k 0.05% New
36 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.01% of their portfolio LOS ANGELES, CA 2,8082.8k $212.2k $212.2k 0.01% Unchanged
37 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 2,7522.8k $208.0k $208.0k 0.00% New
38 TrueMark Investments, LLC 0.05% of their portfolio CHICAGO, IL 2,7222.7k $205.7k $205.7k 0.05% Reduced -791 -791
39 Forum Financial Management, LP 0.00% of their portfolio LOMBARD, IL 2,6552.7k $200.7k $200.7k 0.00% New
40 COMERICA BANK 0.00% of their portfolio DALLAS, TX 1,7111.7k $129.3k $129.3k 0.00% Unchanged
41 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 1,0701.1k $80.9k $80.9k 0.00% Added +480 +480
42 Olde Wealth Management, LLC 0.02% of their portfolio SAMMAMISH, WA 783783 $59.0k $59.0k 0.02% New
43 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 700700 $52.9k $52.9k 0.00% Unchanged
44 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 508508 $38.4k $38.4k 0.00% Added +203 +203
45 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 450450 $33.8k $33.8k 0.00% Unchanged
46 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 444444 $33.6k $33.6k 0.00% Added +36 +36
47 ARCADIA INVESTMENT MANAGEMENT CORP/MI 0.00% of their portfolio KALAMAZOO, MI 334334 $25.2k $25.2k 0.00% Unchanged
48 UBS Group AG 0.00% of their portfolio ZURICH, V8 281281 $21.2k $21.2k 0.00% New
49 Quent Capital, LLC 0.00% of their portfolio NEW YORK, NY 207207 $15.6k $15.6k 0.00% Unchanged
50 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 161161 $12.2k $12.2k 0.00% Reduced -101 -101
51 Cape Investment Advisory, Inc. 0.00% of their portfolio MCDONOUGH, GA 130130 $9.8k $9.8k 0.00% Unchanged
52 Versant Capital Management, Inc 0.00% of their portfolio PHOENIX, AZ 5050 $3.8k $3.8k 0.00% Unchanged
53 PSI Advisors, LLC 0.00% of their portfolio TAMPA, FL 1313 $983 $983 0.00% Reduced -6 -6
54 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 33 $241 $241 0.00% New
55 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 00 $9 $9 0.00% Unchanged
56 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged