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

Institutional Holders (2016Q1)
Portfolio Summary: 51 Institutional holders with a total value of $1,084,162,417.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 NORTHERN TRUST CORP 17,466,046 630,698,000 58.17%
2 TIAA CREF TRUST CO FSB/MO 4,593,184 165,860,000 15.30%
3 RiverFront Investment Group, LLC 3,461,780 125,004,000 11.53%
4 RAYMOND JAMES & ASSOCIATES 874,910 31,593,000 2.91%
5 Raymond James Financial Services Advisors, Inc. 549,563 19,845,000 1.83%
6 Alaska Permanent Capital Management, LLC 499,370 18,032,000 1.66%
7 USCA RIA LLC 528,289 14,630,000 1.35%
8 GFS Advisors, LLC 528,289 14,630,000 1.35%
9 Ledyard National Bank 336,550 12,153,000 1.12%
10 BB&T SECURITIES, LLC 264,819 9,562,000 0.88%
11 UBS Group AG 189,493 6,842,000 0.63%
12 ROYAL BANK OF CANADA 140,332 5,067,000 0.47%
13 ENVESTNET ASSET MANAGEMENT INC 101,036 3,648,000 0.34%
14 GOLDMAN SACHS GROUP INC 99,229 3,583,000 0.33%
15 Carnick & Kubik, LLC 96,543 3,486,000 0.32%
16 Confluence Wealth Management LLC 83,583 3,018,000 0.28%
17 BANK OF AMERICA CORP /DE/ 82,140 2,967,000 0.27%
18 MORGAN STANLEY 72,433 2,616,000 0.24%
19 LPL Financial LLC 66,604 2,380,000 0.22%
20 CITADEL ADVISORS LLC 56,074 2,025,000 0.19%
21 Lenox Wealth Advisors, LLC 29,157 1,053,000 0.10%
22 BROWN ADVISORY INC 17,753 641,000 0.06%
23 STIFEL FINANCIAL CORP 16,836 608,000 0.06%
24 OPPENHEIMER & CO INC 16,093 581,000 0.05%
25 SENTINEL TRUST CO LBA 13,900 502,000 0.05%
26 SUSQUEHANNA INTERNATIONAL GROUP, LLP 11,068 400,000 0.04%
27 Baker Ellis Asset Management LLC 8,530 308,000 0.03%
28 Ancora Advisors LLC 8,100 292,000 0.03%
29 Commonwealth Equity Services, Inc 7,198 260,000 0.02%
30 FDx Advisors, Inc. 7,076 256,000 0.02%
31 EVERMAY WEALTH MANAGEMENT LLC 6,820 246,000 0.02%
32 Cheviot Value Management, LLC 6,310 228,000 0.02%
33 Savant Capital, LLC 5,962 215,000 0.02%
34 LINCOLN NATIONAL CORP 5,601 202,000 0.02%
35 FIFTH THIRD BANCORP 4,135 149,000 0.01%
36 US BANCORP \DE\ 2,500 90,000 0.01%
37 AMERICAN INTERNATIONAL GROUP, INC. 2,478 89,000 0.01%
38 SIGNATUREFD, LLC 2,286 83,000 0.01%
39 LADENBURG THALMANN FINANCIAL SERVICES INC. 1,886 68,000 0.01%
40 WELLS FARGO & COMPANY/MN 1,642 59,000 0.01%
41 BESSEMER GROUP INC 1,325 48,000 0.00%
42 ADVOCACY WEALTH MANAGEMENT SERVICES, LLC 1,093 39,000 0.00%
43 Hudock, Inc. 717 25,000 0.00%
44 Creative Planning 663 24,000 0.00%
45 IFP ADVISORS, INC 385 14,000 0.00%
46 MARK SHEPTOFF FINANCIAL PLANNING, LLC 350 13,000 0.00%
47 MSI Financial Services Inc 293 11,000 0.00%
48 GENEOS WEALTH MANAGEMENT INC. 196 7,000 0.00%
49 FineMark National Bank & Trust 184 7,000 0.00%
50 Winslow, Evans & Crocker, Inc. 150 5,417 0.00%
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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.