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FlexShares US Quality Large Cap Index Fund

36 hedge funds and large institutions have $147M invested in FlexShares US Quality Large Cap Index Fund in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 4

71% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 7

22% more capital invested

Capital invested by funds: $121M → $147M (+$26.1M)

13% more funds holding

Funds holding: 3236 (+4)

1.73% more ownership

Funds ownership: 82.59%84.32% (+1.7%)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
36
Holders Change
+4
Holders Change %
+12.5%
% of All Funds
0.52%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
8
Increased
12
Reduced
7
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
1
Northern Trust
Illinois
$86.8M +$4.95M +99,588 +6%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$28.6M +$2.4M +48,300 +10%
Commonwealth Equity Services
3
Commonwealth Equity Services
Massachusetts
$10.8M +$5.11M +102,802 +102%
MML Investors Services
4
MML Investors Services
Massachusetts
$6.72M +$1.26M +25,248 +25%
LPL Financial
5
LPL Financial
California
$2.15M +$49.9K +1,004 +3%
LMKC
6
L.M. Kohn & Company
Ohio
$1.71M -$30.7K -618 -2%
HIM
7
Hanlon Investment Management
New Jersey
$1.27M -$113K -2,272 -9%
PNC
8
Park National Corp
Ohio
$1.25M -$39.7K -799 -3%
Cetera Investment Advisers
9
Cetera Investment Advisers
Illinois
$1.21M +$124K +2,487 +12%
FIM
10
Freedom Investment Management
Connecticut
$1.05M +$989K +19,891 New
Goldman Sachs
11
Goldman Sachs
New York
$984K +$673K +13,542 +269%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$740K +$684K +13,755 +6,141%
CRI
13
Colonial River Investments
Virginia
$568K -$3M -60,428 -85%
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$525K +$187K +3,757 +61%
SIS
15
Sound Income Strategies
Florida
$449K +$422K +8,483 New
MWM
16
Meridian Wealth Management
Kentucky
$343K
Bank of America
17
Bank of America
North Carolina
$341K -$301K -6,057 -48%
AUB
18
Atlantic Union Bankshares
Virginia
$282K +$264K +5,315 New
SB
19
Strategic Blueprint
Georgia
$250K
WAP
20
Wealthcare Advisory Partners
Pennsylvania
$241K -$564K -11,348 -71%
AL
21
Aspiriant LLC
California
$240K
RJFSA
22
Raymond James Financial Services Advisors
Florida
$209K +$196K +3,944 New
AA
23
Advisory Alpha
Michigan
$205K +$192K +3,867 New
PTC
24
Private Trust Company
Ohio
$148K
AF
25
Allworth Financial
California
$31.8K

QLC Hedge Fund Activity: Q4 2023 in Review

36 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in FlexShares US Quality Large Cap Index Fund (QLC) for Q4 2023, worth a combined $147M — up 22% from $121M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new QLC positions and 4 closed out — a net gain of 4 holders — while 12 added to existing stakes and 7 trimmed.

The largest buyer was Commonwealth Equity Services, adding an estimated $5.11M. The largest seller was Colonial River Investments, cutting an estimated $3M.

  • 36 institutional investors held FlexShares US Quality Large Cap Index Fund (QLC) as of Q4 2023, up from 32 in Q3 2023.
  • Funds reported $147M of FlexShares US Quality Large Cap Index Fund stock for Q4 2023, up 22% quarter-over-quarter.
  • 8 funds opened new FlexShares US Quality Large Cap Index Fund positions in Q4 2023 and 4 closed out, a net change of +4 holders.
  • The largest FlexShares US Quality Large Cap Index Fund buyer in Q4 2023 was Commonwealth Equity Services, an estimated $5.11M added.
  • The largest FlexShares US Quality Large Cap Index Fund seller in Q4 2023 was Colonial River Investments, an estimated $3M sold.

Based on aggregated 13F filings for Q4 2023.