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FLEXSHARES QUALITY DIVIDEND INDEX FUND
FLEXSHARES QUALITY DIVIDEND INDEX FUND. Institutional holdings reported to the SEC.

Institutional Holders (2014Q4)
Portfolio Summary: 31 Institutional holders with a total value of $598,137,425.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 NORTHERN TRUST CORP 12,373,782 447,931,000 74.89%
2 RiverFront Investment Group, LLC 2,186,384 79,147,000 13.23%
3 BB&T SECURITIES, LLC 79,067 28,622,000 4.79%
4 Ledyard National Bank 348,833 12,628,000 2.11%
5 RAYMOND JAMES & ASSOCIATES 167,435 6,061,000 1.01%
6 DEUTSCHE BANK AG\ 156,214 5,654,000 0.95%
7 SUSQUEHANNA INTERNATIONAL GROUP, LLP 108,652 3,933,000 0.66%
8 MORGAN STANLEY 58,290 2,110,000 0.35%
9 Placemark Investments, Inc. 52,991 1,919,000 0.32%
10 LPL Financial LLC 43,794 1,585,000 0.26%
11 BANK OF AMERICA CORP /DE/ 37,655 1,363,000 0.23%
12 ROYAL BANK OF CANADA 36,946 1,337,000 0.22%
13 UBS Group AG 32,965 1,193,000 0.20%
14 Cetera Advisors LLC 30,868 1,121,000 0.19%
15 JANE STREET GROUP, LLC 28,884 1,046,000 0.17%
16 AMERICAN INTERNATIONAL GROUP, INC. 12,425 449,785 0.08%
17 EVERMAY WEALTH MANAGEMENT LLC 11,020 399,000 0.07%
18 ENVESTNET ASSET MANAGEMENT INC 9,972 361,000 0.06%
19 OPPENHEIMER & CO INC 8,150 295,000 0.05%
20 BROWN ADVISORY INC 8,106 293,000 0.05%
21 Lenox Wealth Advisors, LLC 5,608 203,000 0.03%
22 FIFTH THIRD BANCORP 4,135 150,000 0.03%
23 SIGNATUREFD, LLC 2,984 108,000 0.02%
24 Stratos Wealth Partners, LTD. 2,492 90,210 0.02%
25 WELLS FARGO & COMPANY/MN 2,250 81,000 0.01%
26 Waverly Advisors, LLC 541 20,000 0.00%
27 Creative Planning 409 15,000 0.00%
28 LADENBURG THALMANN FINANCIAL SERVICES INC. 343 12,000 0.00%
29 Winslow, Evans & Crocker, Inc. 150 5,430 0.00%
30 Hudock, Inc. 145 5,000 0.00%
31 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.