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

Institutional Holders (2016Q4)
Portfolio Summary: 25 Institutional holders with a total value of $238,698,081.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 Parallax Volatility Advisers, L.P. 1 0 0.00%
2 Tower Research Capital LLC (TRC) 129 5,000 0.00%
3 PNC FINANCIAL SERVICES GROUP, INC. 164 6,000 0.00%
4 WEST PACES ADVISORS INC. 1,704 66,081 0.03%
5 Plante Moran Financial Advisors, LLC 1,955 76,000 0.03%
6 ADVISOR GROUP, INC. 2,015 78,000 0.03%
7 IFP ADVISORS, INC 4,886 189,000 0.08%
8 COURIER CAPITAL LLC 6,425 249,000 0.10%
9 Cambridge Investment Research Advisors, Inc. 6,804 264,000 0.11%
10 ROYAL BANK OF CANADA 9,445 366,000 0.15%
11 JANE STREET GROUP, LLC 10,564 410,000 0.17%
12 MORGAN STANLEY 11,451 445,000 0.19%
13 Sigma Planning Corp 18,065 701,000 0.29%
14 UBS Group AG 20,185 783,000 0.33%
15 LPL Financial LLC 32,033 1,248,000 0.52%
16 SUSQUEHANNA INTERNATIONAL GROUP, LLP 34,417 1,335,000 0.56%
17 LADENBURG THALMANN FINANCIAL SERVICES INC. 40,806 1,582,000 0.66%
18 LEVEL FOUR ADVISORY SERVICES, LLC 42,435 1,646,000 0.69%
19 Atria Investments, Inc 45,092 1,749,000 0.73%
20 BANK OF AMERICA CORP /DE/ 49,136 1,906,000 0.80%
21 Ledyard National Bank 80,285 3,113,000 1.30%
22 AMERIPRISE FINANCIAL INC 99,598 3,853,000 1.61%
23 ENVESTNET ASSET MANAGEMENT INC 248,519 9,637,000 4.04%
24 3D ASSET MANAGEMENT, INC 670,757 26,012,000 10.90%
25 NORTHERN TRUST CORP 4,718,376 182,979,000 76.66%

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.