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

Institutional Holders (2015Q3)
Portfolio Summary: 24 Institutional holders with a total value of $645,349,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 NORTHERN TRUST CORP 7,607,577 615,149,000 95.32%
2 MORGAN STANLEY 128,407 10,383,000 1.61%
3 Commonwealth Equity Services, Inc 78,378 6,338,000 0.98%
4 SENTINEL TRUST CO LBA 69,220 5,597,000 0.87%
5 SUSQUEHANNA INTERNATIONAL GROUP, LLP 14,471 1,170,000 0.18%
6 SG Americas Securities, LLC 14,248 1,152,000 0.18%
7 AMERIPRISE FINANCIAL INC 9,191 743,000 0.12%
8 LPL Financial LLC 7,587 637,000 0.10%
9 JANE STREET GROUP, LLC 7,722 624,000 0.10%
10 STIFEL FINANCIAL CORP 7,300 590,000 0.09%
11 CITADEL ADVISORS LLC 6,631 536,000 0.08%
12 UBS Group AG 4,118 333,000 0.05%
13 Sigma Planning Corp 4,008 324,000 0.05%
14 Private Ocean, LLC 3,631 294,000 0.05%
15 LADENBURG THALMANN FINANCIAL SERVICES INC. 3,415 276,000 0.04%
16 AMERICAN INTERNATIONAL GROUP, INC. 3,033 245,000 0.04%
17 GLENMEDE TRUST CO NA 2,700 218,000 0.03%
18 ENVESTNET ASSET MANAGEMENT INC 2,661 215,000 0.03%
19 BANK OF MONTREAL /CAN/ 2,135 173,000 0.03%
20 BESSEMER GROUP INC 1,900 154,000 0.02%
21 BANK OF AMERICA CORP /DE/ 1,845 149,000 0.02%
22 ROYAL BANK OF CANADA 472 38,000 0.01%
23 TD Capital Management LLC 137 11,000 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.