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FLEXSHARES US MARKET TILT ETF
FLEXSHARES US MARKET TILT ETF. Institutional holdings reported to the SEC.

Institutional Holders (2015Q2)
Portfolio Summary: 24 Institutional holders with a total value of $707,937,053.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 NORTHERN TRUST CORP 7,591,482 672,302,000 94.97%
2 MORGAN STANLEY 103,290 9,147,000 1.29%
3 SENTINEL TRUST CO LBA 73,986 6,552,000 0.93%
4 JANE STREET GROUP, LLC 62,870 5,568,000 0.79%
5 Commonwealth Equity Services, Inc 45,430 4,023,000 0.57%
6 SG Americas Securities, LLC 19,348 1,713,000 0.24%
7 ROYAL BANK OF CANADA 18,815 1,666,000 0.24%
8 SUSQUEHANNA INTERNATIONAL GROUP, LLP 14,287 1,265,000 0.18%
9 US FINANCIAL ADVISORS, LLC 7,772 688,000 0.10%
10 CITADEL ADVISORS LLC 7,328 649,000 0.09%
11 STIFEL FINANCIAL CORP 7,300 646,000 0.09%
12 LPL Financial LLC 7,191 636,000 0.09%
13 AMERIPRISE FINANCIAL INC 6,708 594,000 0.08%
14 UBS Group AG 5,529 490,000 0.07%
15 FIRST CITIZENS BANK & TRUST CO 4,750 421,000 0.06%
16 Sigma Planning Corp 4,008 355,000 0.05%
17 Private Ocean, LLC 2,975 263,000 0.04%
18 GLENMEDE TRUST CO NA 2,800 247,000 0.03%
19 AMERICAN INTERNATIONAL GROUP, INC. 2,609 231,053 0.03%
20 BANK OF MONTREAL /CAN/ 2,470 219,000 0.03%
21 BESSEMER GROUP INC 1,900 168,000 0.02%
22 BANK OF AMERICA CORP /DE/ 667 59,000 0.01%
23 WELLS FARGO & COMPANY/MN 400 35,000 0.00%
24 Parallax Volatility Advisers, L.P. 1 0 0.00%

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.