FLEXSHARES TR

Ticker: NFRA CUSIP: 33939L795 Class: Com

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

InstitutionSharesValue ($000)
NORTHERN TRUST CORP35,667,675$2,158,251
Capstone Financial Advisors, Inc.2,290,009$138,568
Alaska Permanent Capital Management1,092,039$65,948
Alaska Wealth Advisors746,896$45,195
CERTUITY, LLC271,415$16,423
ENVESTNET ASSET MANAGEMENT INC260,140$15,741
MORGAN STANLEY243,545$14,737
CX Institutional182,381$11
United Bank169,510$10,257
Austin Wealth Management, LLC144,967$8,747
BANK OF AMERICA CORP /DE/130,063$7,870
Cornerstone National Bank & Trust Co123,110$7,449
NBT BANK N A /NY117,760$7,124
Boltwood Capital Management82,289$4,979
PARK NATIONAL CORP /OH/71,391$4,320
MML INVESTORS SERVICES, LLC61,788$3,739
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC59,471$3,613
STEPH & CO58,710$3,553
Missouri Trust & Investment Co52,638$3,185
Wealth Architects, LLC51,452$3,113
Brio Consultants, LLC41,218$2,494
ENTREWEALTH, LLC37,386$2,384
Cerity Partners LLC36,822$2,228
Dorsey & Whitney Trust CO LLC36,227$2,192
BESSEMER GROUP INC29,657$2
LPL Financial LLC25,458$1,540
ALTFEST L J & CO INC23,456$1,419
Chicago Partners Investment Group LLC20,254$1,231
RAYMOND JAMES FINANCIAL INC17,997$1,089
FIDUCIENT ADVISORS LLC16,821$1,018
COMMONWEALTH EQUITY SERVICES, LLC15,628$946
SUSQUEHANNA INTERNATIONAL GROUP, LLP15,112$914
TRANSCEND CAPITAL ADVISORS, LLC14,896$901
SIMON QUICK ADVISORS, LLC14,652$887
Grove Bank & Trust13,225$800
SCS Capital Management LLC12,603$763
Concurrent Investment Advisors, LLC11,992$726
Rossby Financial, LCC11,797$714
Cetera Investment Advisers11,796$714
UBS Group AG11,229$679
OneDigital Investment Advisors LLC11,068$670
Endowment Wealth Management, Inc.10,553$639
NorthRock Partners, LLC9,879$598
Smartleaf Asset Management LLC9,803$595
STIFEL FINANCIAL CORP9,794$593
Valued Retirements, Inc.9,623$582
WHITTIER TRUST CO9,523$579
VestGen Investment Management9,227$558
CITIGROUP INC7,728$468
REDW Wealth LLC7,199$436
WELLS FARGO & COMPANY/MN7,019$425
BOKF, NA6,984$423
Clearstead Advisors, LLC6,136$371
NAPLES GLOBAL ADVISORS, LLC6,000$363
CHOREO, LLC5,515$335
Aviso Financial Inc.5,223$316
UMB Bank, n.a.5,221$316
PNC Financial Services Group, Inc.4,949$299
ORBA Wealth Advisors, L.L.C.4,790$290
HUNTINGTON NATIONAL BANK4,434$268
Trace Wealth Advisors, LLC4,421$268
FFT WEALTH MANAGEMENT LLC4,243$257
SEVEN MILE ADVISORY4,210$255
Capital Advisors, Ltd. LLC4,201$0
OLD MISSION CAPITAL LLC4,167$252
Corient Private Wealth LLC3,958$239
MENORA MIVTACHIM HOLDINGS LTD.3,837$232
OSAIC HOLDINGS, INC.3,795$230
First PREMIER Bank3,666$0
Texas Capital Bank Wealth Management Services Inc3,474$210
Plancorp, LLC3,430$208
Independence Bank of Kentucky3,405$206
ROYAL BANK OF CANADA3,402$207
Rockefeller Capital Management L.P.3,099$188
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO2,877$174
ASSETMARK, INC2,876$174
FMR LLC2,580$156
Redwood Park Advisors LLC2,496$151
BANK OF MONTREAL /CAN/2,009$122
US BANCORP \DE\1,698$103
CoreCap Advisors, LLC1,688$102
Kestra Advisory Services, LLC1,526$92
CIBC Private Wealth Group, LLC1,459$88
CAMBIENT FAMILY OFFICE, LLC1,352$82
Caldwell Trust Co1,126$68
JPMORGAN CHASE & CO1,100$67
BLAIR WILLIAM & CO/IL1,010$61
GABLES CAPITAL MANAGEMENT INC.1,001$61
COMERICA BANK850$51
JFS WEALTH ADVISORS, LLC823$50
Key Financial Inc741$45
CNB Bank725$44
JONES FINANCIAL COMPANIES LLLP715$43
Harbor Asset Planning, Inc.594$36
Golden State Wealth Management, LLC509$31
Perkins Coie Trust Co502$30
GeoWealth Management, LLC476$29
HARBOUR INVESTMENTS, INC.463$28
IFP Advisors, Inc427$26
Parkside Financial Bank & Trust406$25
21 other institutions3,618$214
Total (121 institutions)42,535,098$2,560,492