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

Institutional Holders (2016Q2)
Portfolio Summary: 25 Institutional holders with a total value of $700,459,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 NORTHERN TRUST CORP 7,521,648 646,109,000 92.24%
2 Efficient Advisors, LLC 249,687 21,448,000 3.06%
3 Commonwealth Equity Services, Inc 135,694 11,656,000 1.66%
4 AMERIPRISE FINANCIAL INC 115,176 9,883,000 1.41%
5 SENTINEL TRUST CO LBA 42,932 3,688,000 0.53%
6 MORGAN STANLEY 38,804 3,333,000 0.48%
7 LPL Financial LLC 7,201 615,000 0.09%
8 LADENBURG THALMANN FINANCIAL SERVICES INC. 5,785 497,000 0.07%
9 LINCOLN NATIONAL CORP 5,746 494,000 0.07%
10 ENVESTNET ASSET MANAGEMENT INC 4,314 371,000 0.05%
11 RAY GERALD L & ASSOCIATES LTD 3,900 335,000 0.05%
12 Private Ocean, LLC 3,746 322,000 0.05%
13 ADVISOR GROUP, INC. 3,720 319,000 0.05%
14 US BANCORP \DE\ 3,393 291,000 0.04%
15 Sigma Planning Corp 3,331 286,000 0.04%
16 GLENMEDE TRUST CO NA 2,700 231,000 0.03%
17 BANK OF MONTREAL /CAN/ 2,000 172,000 0.02%
18 BESSEMER GROUP INC 1,900 163,000 0.02%
19 UBS Group AG 1,700 146,000 0.02%
20 WELLS FARGO & COMPANY/MN 600 52,000 0.01%
21 BANK OF AMERICA CORP /DE/ 245 21,000 0.00%
22 GENEOS WEALTH MANAGEMENT INC. 182 15,000 0.00%
23 TD Capital Management LLC 73 6,000 0.00%
24 MSI Financial Services Inc 70 6,000 0.00%
25 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.