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FlexShares US Quality Large Cap Index Fund

35 hedge funds and large institutions have $166M invested in FlexShares US Quality Large Cap Index Fund in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more capital invested

Capital invested by funds: $147M → $166M (+$18.4M)

0.63% more ownership

Funds ownership: 84.32%84.95% (+0.63%)

3% less funds holding

Funds holding: 3635 (-1)

10% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 10

27% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 11

Holders
35
Holders Change
-1
Holders Change %
-2.78%
% of All Funds
0.5%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
8
Reduced
11
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
1
Northern Trust
Illinois
$95.5M -$958K -17,236 -1%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$31.5M -$326K -5,866 -1%
Commonwealth Equity Services
3
Commonwealth Equity Services
Massachusetts
$15.5M +$3.28M +59,020 +29%
MML Investors Services
4
MML Investors Services
Massachusetts
$7.42M -$57.1K -1,026 -0.8%
LPL Financial
5
LPL Financial
California
$2.79M +$374K +6,721 +17%
LMKC
6
L.M. Kohn & Company
Ohio
$2.09M +$178K +3,195 +10%
HIM
7
Hanlon Investment Management
New Jersey
$1.47M +$53.7K +966 +4%
Cetera Investment Advisers
8
Cetera Investment Advisers
Illinois
$1.38M +$28.4K +511 +2%
PNC
9
Park National Corp
Ohio
$1.3M -$78.3K -1,408 -6%
FIM
10
Freedom Investment Management
Connecticut
$1.11M -$62.1K -1,117 -6%
CA
11
Cetera Advisors
Colorado
$883K +$834K +14,994 New
HA
12
Herold Advisors
New York
$881K +$832K +14,962 New
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$481K -$96.8K -1,740 -18%
CRI
14
Colonial River Investments
Virginia
$462K -$160K -2,876 -27%
Stifel Financial
15
Stifel Financial
Missouri
$408K +$385K +6,925 New
Bank of America
16
Bank of America
North Carolina
$329K -$47.5K -854 -13%
GAA
17
Global Assets Advisory
Florida
$319K +$1.04M +18,737 New
SB
18
Strategic Blueprint
Georgia
$278K
AL
19
Aspiriant LLC
California
$267K
WAP
20
Wealthcare Advisory Partners
Pennsylvania
$259K -$8.62K -155 -3%
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$240K +$227K +4,083 New
Cerity Partners
22
Cerity Partners
New York
$223K +$210K +3,783 New
WCF
23
West Coast Financial
California
$200K +$189K +3,400 New
PTC
24
Private Trust Company
Ohio
$167K +$1.78K +32 +1%
CA
25
CoreCap Advisors
Michigan
$96.7K +$91.3K +1,642 New

QLC Hedge Fund Activity: Q1 2024 in Review

35 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in FlexShares US Quality Large Cap Index Fund (QLC) for Q1 2024, worth a combined $166M — up 12% from $147M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of QLC and 9 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 8 added.

The largest buyer was Commonwealth Equity Services, adding an estimated $3.28M. The largest seller was Goldman Sachs, exiting entirely with an estimated $984K sold.

  • 35 institutional investors held FlexShares US Quality Large Cap Index Fund (QLC) as of Q1 2024, down from 36 in Q4 2023.
  • Funds reported $166M of FlexShares US Quality Large Cap Index Fund stock for Q1 2024, up 12% quarter-over-quarter.
  • 9 funds opened new FlexShares US Quality Large Cap Index Fund positions in Q1 2024 and 10 closed out, a net change of -1 holder.
  • The largest FlexShares US Quality Large Cap Index Fund buyer in Q1 2024 was Commonwealth Equity Services, an estimated $3.28M added.
  • The largest FlexShares US Quality Large Cap Index Fund seller in Q1 2024 was Goldman Sachs, an estimated $984K sold.

Based on aggregated 13F filings for Q1 2024.