Vault-13

FLEXSHARES TR RAVI

FLEXSHARES ULTRA · ETP · CUSIP 33939L886

75 institutional holders -1 vs Q1 2026
17,462,49717.5m shares reported held*
$1.3bnreported value*
12 new 23 added 22 reduced 13 sold out net bought ≈ $31.3m (+415.4k 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 ($264.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $75.42.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 51Q4 22: 52Q1 23: 63Q2 23: 62Q3 23: 66Q4 23: 66Q1 24: 56Q2 24: 51Q3 24: 54Q4 24: 61Q1 25: 56Q2 25: 60Q3 25: 68Q4 25: 66Q1 26: 76Q2 26: 7575Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202251
Q4 202252
Q1 202363
Q2 202362
Q3 202366
Q4 202366
Q1 202456
Q2 202451
Q3 202454
Q4 202461
Q1 202556
Q2 202560
Q3 202568
Q4 202566
Q1 202676
Q2 202675

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 24: 25 bought or addedQ3 24: 23 cut or sold outQ4 24: 28 bought or addedQ4 24: 27 cut or sold outQ4 24Q1 25: 24 bought or addedQ1 25: 33 cut or sold outQ2 25: 30 bought or addedQ2 25: 26 cut or sold outQ2 25Q3 25: 38 bought or addedQ3 25: 29 cut or sold outQ4 25: 27 bought or addedQ4 25: 36 cut or sold outQ4 25Q1 26: 39 bought or addedQ1 26: 31 cut or sold outQ2 26: 35 bought or addedQ2 26: 35 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20242523
Q4 20242827
Q1 20252433
Q2 20253026
Q3 20253829
Q4 20252736
Q1 20263931
Q2 20263535

Biggest buyers

NORTHERN TRUST CORP Added +468,876+468.9k
MML INVESTORS SERVICES, LLC Added +41,453+41.5k
MORGAN STANLEY Added +39,427+39.4k
COMMONWEALTH EQUITY SERVICES, LLC New +19,103+19.1k
J.W. COLE ADVISORS, INC. New +9,879+9.9k
HRT FINANCIAL LP Added +9,849+9.8k
GOLDMAN SACHS GROUP INC New +9,078+9.1k
UBS Group AG Added +7,451+7.5k
INTERACTIVE FINANCIAL ADVISORS, INC. Added +5,894+5.9k
Modern Wealth Management, LLC New +4,040+4.0k

Biggest sellers

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -102,178-102.2k
CITADEL ADVISORS LLC Reduced -32,158-32.2k
FLOW TRADERS U.S. LLC Sold out -22,596-22.6k
INDEPENDENT FINANCIAL GROUP, LLC Reduced -15,179-15.2k
JANE STREET GROUP, LLC Sold out -11,055-11.1k
RPg Family Wealth Advisory, LLC Sold out -5,647-5.6k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -4,970-5.0k
Gateway Wealth Partners, LLC Sold out -4,218-4.2k
Flaharty Asset Management, LLC Sold out -4,040-4.0k
Horizon Investments, LLC Reduced -3,530-3.5k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.14% of their portfolio CHICAGO, IL 16,172,55716.2m $1.2bn $1.2bn 0.14% Added +468.9k +468,876
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 209,083209.1k $15.8m $15.8m 0.00% Added +39.4k +39,427
3 Tactive Advisors, LLC 2.84% of their portfolio Jacksonville, FL 152,755152.8k $11.5m $11.5m 2.84% Added +1.5k +1,485
4 INTERACTIVE FINANCIAL ADVISORS, INC. 6.09% of their portfolio New Lenox, IL 132,435132.4k $10.0m $10.0m 6.09% Added +5.9k +5,894
5 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 119,958120.0k $9.0m $9.0m 0.00% Added +165 +165
6 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 106,670106.7k $8.0m $8.0m 0.00% Added +4.0k +3,990
7 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 104,908104.9k $7.9m $7.9m 0.02% Added +41.5k +41,453
8 CIM, LLC 0.77% of their portfolio ALBANY, NY 79,02679.0k $6.0m $6.0m 0.77% Added +208 +208
9 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 29,04829.0k $2.2m $2.2m 0.00% Added +820 +820
10 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 21,14221.1k $1.6m $1.6m 0.00% Reduced -32.2k -32,158
11 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 19,10319.1k $1.4m $1.4m 0.00% New
12 Boltwood Capital Management 0.33% of their portfolio WALNUT CREEK, CA 18,97319.0k $1.4m $1.4m 0.33% Reduced -1.1k -1,100
13 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 17,81417.8k $1.3m $1.3m 0.00% Reduced -89 -89
14 Auour Investments LLC 0.34% of their portfolio WOBURN, MA 15,56315.6k $1.2m $1.2m 0.34% Added +84 +84
15 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 15,41315.4k $1.2m $1.2m 0.00% Reduced -612 -612
16 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 15,36815.4k $1.2m $1.2m 0.00% Reduced -5.0k -4,970
17 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 14,15514.2k $1.1m $1.1m 0.00% Added +9.8k +9,849
18 Beacon Financial Advisory LLC 0.21% of their portfolio CLEVELAND, OH 13,89213.9k $1.0m $1.0m 0.21% Added +1.7k +1,730
19 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 13,82313.8k $1.0m $1.0m 0.00% Reduced -376 -376
20 KEYNOTE FINANCIAL SERVICES LLC 0.48% of their portfolio VERNON, CT 13,69213.7k $1.0m $1.0m 0.48% Reduced -22 -22
21 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 13,05813.1k $984.8k $984.8k 0.00% Reduced -102.2k -102,178
22 Emerald Investment Advisers, LLC 0.06% of their portfolio LEOLA, PA 11,21611.2k $845.7k $845.7k 0.06% Added +1.1k +1,100
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 10,73810.7k $809.9k $809.9k 0.00% Added +1.2k +1,221
24 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 9,8799.9k $745.1k $745.1k 0.01% New
25 UBS Group AG 0.00% of their portfolio ZURICH, V8 9,7359.7k $734.2k $734.2k 0.00% Added +7.5k +7,451
26 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 9,0789.1k $684.6k $684.6k 0.00% New
27 Raab & Moskowitz Asset Management LLC 0.12% of their portfolio Chatham, NJ 8,0508.1k $607.1k $607.1k 0.12% Unchanged
28 Legacy Wealth Managment, LLC/ID 0.23% of their portfolio BOISE, ID 7,5117.5k $566.5k $566.5k 0.23% Added +1.6k +1,623
29 PINNACLE ASSOCIATES LTD 0.01% of their portfolio NEW YORK, NY 6,8076.8k $513.4k $513.4k 0.01% Reduced -1.0k -1,007
30 CALTON & ASSOCIATES, INC. 0.06% of their portfolio Tampa, FL 5,7975.8k $437.2k $437.2k 0.06% Reduced -10 -10
31 SILVER OAK SECURITIES, INCORPORATED 0.03% of their portfolio JACKSON, TN 5,5895.6k $421.5k $421.5k 0.03% Reduced -1.4k -1,398
32 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 4,5394.5k $342.3k $342.3k 0.00% Unchanged
33 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 4,4194.4k $333.3k $333.3k 0.00% Reduced -243 -243
34 1776 Wealth LLC 0.12% of their portfolio ATLANTA, GA 4,4134.4k $332.8k $332.8k 0.12% Unchanged
35 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 4,3184.3k $325.7k $325.7k 0.00% Unchanged
36 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,3144.3k $325.0k $325.0k 0.00% Reduced -90 -90
37 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 4,0734.1k $307.2k $307.2k 0.01% Reduced -15.2k -15,179
38 Modern Wealth Management, LLC 0.00% of their portfolio KANSAS CITY, MO 4,0404.0k $304.7k $304.7k 0.00% New
39 Walkner Condon Financial Advisors LLC 0.03% of their portfolio MADISON, WI 3,9003.9k $294.1k $294.1k 0.03% Added +485 +485
40 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 3,8443.8k $289.9k $289.9k 0.00% Reduced -38 -38
41 FOUNDERS FINANCIAL SECURITIES LLC 0.01% of their portfolio TOWSON, MD 3,6973.7k $278.8k $278.8k 0.01% Unchanged
42 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 3,6103.6k $272.3k $272.3k 0.00% Unchanged
43 CAMBIENT FAMILY OFFICE, LLC 0.03% of their portfolio ADA, MI 3,5903.6k $270.8k $270.8k 0.03% Added +167 +167
44 Horizon Investments, LLC 0.00% of their portfolio Charlotte, NC 3,5303.5k $264.4k $264.4k 0.00% Reduced -3.5k -3,530
45 VestGen Advisors, LLC 0.01% of their portfolio CHICAGO, IL 3,4693.5k $261.6k $261.6k 0.01% Reduced -180 -180
46 Nicholas Hoffman & Company, LLC. 0.01% of their portfolio ATLANTA, GA 3,4053.4k $256.8k $256.8k 0.01% Unchanged
47 Sloy Dahl & Holst, LLC 0.03% of their portfolio Vancouver, WA 3,2853.3k $247.7k $247.7k 0.03% Unchanged
48 VestGen Investment Management 0.13% of their portfolio EGG HARBOR TOWNSHIP, NJ 3,2453.2k $244.7k $244.7k 0.13% Reduced -224 -224
49 SIMON QUICK ADVISORS, LLC 0.01% of their portfolio MORRISTOWN, NJ 3,0663.1k $231.2k $231.2k 0.01% Unchanged
50 Callan Family Office, LLC 0.00% of their portfolio RADNOR, PA 2,9332.9k $221.2k $221.2k 0.00% New
51 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 1,9722.0k $148.7k $148.7k 0.00% Reduced -18 -18
52 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 1,7541.8k $132.3k $132.3k 0.00% Added +252 +252
53 Cullen/Frost Bankers, Inc. 0.00% of their portfolio San Antonio, TX 1,3261.3k $100.0k $100.0k 0.00% New
54 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 999999 $75.3k $75.3k 0.00% Added +283 +283
55 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 996996 $75.1k $75.1k 0.00% Unchanged
56 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 849849 $64.0k $64.0k 0.00% Added +655 +655
57 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 699699 $52.7k $52.7k 0.00% Unchanged
58 Birchwood Financial Partners, Inc. 0.02% of their portfolio BLOOMINGTON, MN 375375 $28.3k $28.3k 0.02% Unchanged
59 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 352352 $26.5k $26.5k 0.00% Added +176 +176
60 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 330330 $24.8k $24.8k 0.00% New
61 Cape Investment Advisory, Inc. 0.01% of their portfolio MCDONOUGH, GA 272272 $20.5k $20.5k 0.01% New
62 Rossmore Private Capital 0.00% of their portfolio GLASTONBURY, CT 207207 $15.6k $15.6k 0.00% Unchanged
63 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 202202 $15.2k $15.2k 0.00% Unchanged
64 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 166166 $12.5k $12.5k 0.00% Reduced -347 -347
65 Institute for Wealth Management, LLC. 0.00% of their portfolio DENVER, CO 155155 $11.7k $11.7k 0.00% New
66 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 155155 $11.7k $11.7k 0.00% Added +1 +1
67 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 152152 $11.5k $11.5k 0.00% Unchanged
68 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 132132 $10.0k $10.0k 0.00% Reduced -816 -816
69 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 114114 $8.6k $8.6k 0.00% Unchanged
70 Measured Wealth Private Client Group, LLC 0.00% of their portfolio PORTSMOUTH, NH 8888 $6.6k $6.6k 0.00% Unchanged
71 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 8585 $6.4k $6.4k 0.00% New
72 Quent Capital, LLC 0.00% of their portfolio NEW YORK, NY 6363 $4.8k $4.8k 0.00% Reduced -144 -144
73 MARQUETTE ASSOCIATES, INC. 0.00% of their portfolio CHICAGO, IL 4343 $3.2k $3.2k 0.00% New
74 Highland Investment Advisors LLC 0.00% of their portfolio PONTE VEDRA, FL 1414 $1.0k $1.0k 0.00% First filing
75 MCF Advisors LLC 0.00% of their portfolio LEXINGTON, KY 11 $76 $76 0.00% New