FLEXSHARES TR

Ticker: QLV CUSIP: 33939L654 Class: ETF

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (5)

Rossby Financial, LCC
Value ($000) $1,161 Shares 16,108
TWO SIGMA INVESTMENTS, LP
Value ($000) $1,477 Shares 20,500
RAYMOND JAMES FINANCIAL INC
Value ($000) $298 Shares 4,134
SUSQUEHANNA INTERNATIONAL GROUP, LLP
Value ($000) $250 Shares 3,466
Kestra Advisory Services, LLC
Value ($000) $90 Shares 1,244

Increased Positions (7)

NORTHERN TRUST CORP
Value ($000) $28,478 (+25.8%) Shares 395,248 (+25.6%)
Equitable Holdings, Inc.
Value ($000) $962 (+52.7%) Shares 13,347 (+52.5%)
CITADEL ADVISORS LLC
Value ($000) $1,430 (+105.9%) Shares 19,842 (+105.6%)
Private Advisor Group, LLC
Value ($000) $1,275 (+20.7%) Shares 17,700 (+20.5%)
Wealthcare Advisory Partners LLC
Value ($000) $370 (+6.2%) Shares 5,137 (+6.0%)
Cetera Investment Advisers
Value ($000) $371 (+4.5%) Shares 5,143 (+4.3%)
JPMORGAN CHASE & CO
Value ($000) $61 (+19.8%) Shares 840 (+19.7%)

Decreased Positions (16)

United Bank
Value ($000) $3,074 (-5.3%) Shares 42,661 (-5.4%)
Colonial River Wealth Management, LLC
Value ($000) $581 (-13.0%) Shares 8,070 (-13.2%)
BELLEVUE ASSET MANAGEMENT, LLC
Value ($000) $205 (-21.2%) Shares 2,848 (-21.3%)
BEAM WEALTH ADVISORS, INC.
Value ($000) $916 (-5.1%) Shares 12,716 (-5.3%)
Coppell Advisory Solutions LLC
Value ($000) $865 (-8.3%) Shares 11,927 (-9.8%)
Herold Advisors, Inc.
Value ($000) $850 (-3.7%) Shares 11,797 (-3.8%)
BANK OF AMERICA CORP /DE/
Value ($000) $14,932 (-45.4%) Shares 207,248 (-45.5%)
OLD MISSION CAPITAL LLC
Value ($000) $700 (-26.7%) Shares 9,722 (-26.8%)
LPL Financial LLC
Value ($000) $10,747 (-2.9%) Shares 149,162 (-3.0%)
AXXCESS WEALTH MANAGEMENT, LLC
Value ($000) $581 (-11.7%) Shares 8,070 (-11.9%)
MORGAN STANLEY
Value ($000) $4,415 (-4.1%) Shares 61,276 (-4.2%)
OSAIC HOLDINGS, INC.
Value ($000) $601 (-6.3%) Shares 8,337 (-8.1%)
Crestwood Advisors Group LLC
Value ($000) $1,275 (-1.6%) Shares 17,693 (-1.7%)
AQR CAPITAL MANAGEMENT LLC
Value ($000) $378 (-5.7%) Shares 5,247 (-5.8%)
ENVESTNET ASSET MANAGEMENT INC
Value ($000) $374 (-5.4%) Shares 5,190 (-5.6%)
MML INVESTORS SERVICES, LLC
Value ($000) $875 (-1.8%) Shares 12,147 (-1.9%)

Exited Positions (2)

Parallel Advisors, LLC
Value ($000) $216 Shares 3,000
GOLDMAN SACHS GROUP INC
Value ($000) $753 Shares 10,462