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FlexShares US Quality Large Cap Index Fund

44 hedge funds and large institutions have $300M invested in FlexShares US Quality Large Cap Index Fund in 2024 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more capital invested

Capital invested by funds: $189M → $300M (+$111M)

42% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 12

33% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 3

6.43% more ownership

Funds ownership: 85.23%91.66% (+6.4%)

2% more funds holding

Funds holding: 4344 (+1)

Holders
44
Holders Change
+1
Holders Change %
+2.33%
% of All Funds
0.63%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
17
Reduced
12
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
1
Northern Trust
Illinois
$214M +$94.6M +1,510,417 +85%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$35.4M -$2.72M -43,509 -7%
Commonwealth Equity Services
3
Commonwealth Equity Services
Massachusetts
$15.7M -$415K -6,626 -3%
MML Investors Services
4
MML Investors Services
Massachusetts
$8.61M -$550K -8,785 -6%
LPL Financial
5
LPL Financial
California
$3.26M +$166K +2,644 +6%
Cetera Investment Advisers
6
Cetera Investment Advisers
Illinois
$2.88M +$1.1M +17,579 +66%
LMKC
7
L.M. Kohn & Company
Ohio
$2.57M +$167K +2,674 +7%
EAM
8
Empirical Asset Management
Massachusetts
$2.36M +$1.44M +23,018 +173%
HA
9
Herold Advisors
New York
$2.29M +$711K +11,362 +48%
HIM
10
Hanlon Investment Management
New Jersey
$1.79M -$51.7K -826 -3%
Citadel Advisors
11
Citadel Advisors
Florida
$1.47M +$1.42M +22,643 New
PNC
12
Park National Corp
Ohio
$1.43M +$5.57K +89 +0.4%
FIM
13
Freedom Investment Management
Connecticut
$1.3M +$6.32K +101 +0.5%
BNP Paribas Financial Markets
14
BNP Paribas Financial Markets
France
$1.04M +$1M +16,000 New
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$620K -$34.2K -546 -5%
CF
16
Centaurus Financial
California
$617K +$9.58K +153 +2%
Bank of America
17
Bank of America
North Carolina
$466K -$17.8K -284 -4%
Stifel Financial
18
Stifel Financial
Missouri
$454K +$626 +10 +0.1%
MWM
19
Meridian Wealth Management
Kentucky
$421K
AWM
20
Axxcess Wealth Management
California
$335K -$43.1K -689 -12%
CRI
21
Colonial River Investments
Virginia
$335K -$43.1K -689 -12%
SB
22
Strategic Blueprint
Georgia
$307K
WAP
23
Wealthcare Advisory Partners
Pennsylvania
$286K
AL
24
Aspiriant LLC
California
$268K -$25.5K -407 -9%
Cerity Partners
25
Cerity Partners
New York
$246K

QLC Hedge Fund Activity: Q3 2024 in Review

44 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in FlexShares US Quality Large Cap Index Fund (QLC) for Q3 2024, worth a combined $300M — up 59% from $189M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new QLC positions and 3 closed out — a net gain of 1 holder — while 17 added to existing stakes and 12 trimmed.

The largest buyer was Northern Trust, adding an estimated $94.6M. The largest seller was Envestnet Asset Management, cutting an estimated $2.72M.

  • 44 institutional investors held FlexShares US Quality Large Cap Index Fund (QLC) as of Q3 2024, up from 43 in Q2 2024.
  • Funds reported $300M of FlexShares US Quality Large Cap Index Fund stock for Q3 2024, up 59% quarter-over-quarter.
  • 4 funds opened new FlexShares US Quality Large Cap Index Fund positions in Q3 2024 and 3 closed out, a net change of +1 holder.
  • The largest FlexShares US Quality Large Cap Index Fund buyer in Q3 2024 was Northern Trust, an estimated $94.6M added.
  • The largest FlexShares US Quality Large Cap Index Fund seller in Q3 2024 was Envestnet Asset Management, an estimated $2.72M sold.

Based on aggregated 13F filings for Q3 2024.