NPORT-P false 0001491978 XXXXXXXX S000038877 C000119641 FlexShares Trust 811-22555 0001491978 5493007FU2RQX77I4604 50 South LaSalle Street Chicago 60603 855-353-9383 FlexShares International Quality Dividend Dynamic Index Fund S000038877 5493000GSXOMJAI1QP66 2026-10-31 2026-04-30 N 102228714.44 682712.16 101546002.28 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1186359.76000000 UST Antofagasta plc 213800MY6QVH4FVLD628 N/A 1400.00000000 NS 67525.33000000 0.066497280526 Long EC CORP GB N 1 N N N British American Tobacco plc 213800FKA5MF17RJKT63 N/A 13525.00000000 NS 794500.23000000 0.782404242571 Long EC CORP GB N 1 N N N Imperial Brands plc 549300DFVPOB67JL3A42 N/A 10100.00000000 NS 384420.02000000 0.378567359983 Long EC CORP GB N 1 N N N HSBC Holdings plc MLU0ZO3ML4LN2LL2TL39 N/A 107000.00000000 NS 1961404.86000000 1.931543158726 Long EC CORP GB N 1 N N N Legal & General Group plc 213800JH9QQWHLO99821 N/A 69525.00000000 NS 237791.18000000 0.234170892660 Long EC CORP GB N 1 N N Rio Tinto plc 213800YOEO5OQ72G2R82 N/A 7900.00000000 NS 788801.55000000 0.776792322975 Long EC CORP GB N 1 N N N BP plc 213800LH1BZH3DI6G760 N/A 87025.00000000 NS 690366.39000000 0.679855803772 Long EC CORP GB N 1 N N N AstraZeneca plc PY6ZZQWO2IZFZC3IOL08 N/A 850.00000000 NS 161102.54000000 0.158649810315 Long EC CORP GB N 1 N N N N/A N/A N/A 1.00000000 NC N/A -602.55000000 -0.00059337638 N/A DFE N/A N 2 Toronto Dominion Bank PT3QB789TSUIDF371261 30000.00000000 GBP 40159.65000000 USD 2026-06-17 -602.55000000 N N N N/A N/A N/A 1.00000000 NC N/A -123.45000000 -0.00012157051 N/A DFE N/A N 2 JP Morgan Chase Bank 7H6GLXDRUGQFU57RNE97 2000000.00000000 JPY 12688.36000000 USD 2026-06-17 -123.45000000 N N N N/A N/A N/A 1.00000000 NC N/A -90.48000000 -0.00008910247 N/A DFE N/A N 2 Bank of Montreal NQQ6HPCNCCU6TUTQYE16 33613.82000000 USD 45541.64000000 CAD 2026-06-17 -90.48000000 N N N N/A N/A N/A 1.00000000 NC N/A 292.55000000 0.000288096028 N/A DFE N/A N 2 UBS AG BFM8T61CT2L1QCEMIK50 55000.00000000 CHF 70966.19000000 USD 2026-06-17 292.55000000 N N N N/A N/A N/A 1.00000000 NC N/A -1553.40000000 -0.00152975002 N/A DFE N/A N 2 Toronto Dominion Bank PT3QB789TSUIDF371261 100000.00000000 EUR 115996.94000000 USD 2026-06-17 -1553.40000000 N N N N/A N/A N/A 1.00000000 NC N/A -816.53000000 -0.00080409861 N/A DFE N/A N 2 Bank of Montreal NQQ6HPCNCCU6TUTQYE16 370000.00000000 DKK 57417.64000000 USD 2026-06-17 -816.53000000 N N N N/A N/A N/A 1.00000000 NC N/A -3165.67000000 -0.00311747378 N/A DFE N/A N 2 Citibank MBNUM2BPBDO7JBLYG310 110000.00000000 GBP 146295.73000000 USD 2026-06-17 -3165.67000000 N N N N/A N/A N/A 1.00000000 NC N/A -240.15000000 -0.00023649380 N/A DFE N/A N 2 Citibank MBNUM2BPBDO7JBLYG310 45541.64000000 CAD 33283.19000000 USD 2026-06-17 -240.15000000 N N N N/A N/A N/A 1.00000000 NC N/A -562.38000000 -0.00055381796 N/A DFE N/A N 2 Citibank MBNUM2BPBDO7JBLYG310 100000.00000000 CHF 127935.15000000 USD 2026-06-17 -562.38000000 N N N N/A N/A N/A 1.00000000 NC N/A -813.74000000 -0.00080135109 N/A DFE N/A N 2 Citibank MBNUM2BPBDO7JBLYG310 10030000.00000000 JPY 63437.50000000 USD 2026-06-17 -813.74000000 N N N N/A N/A N/A 1.00000000 NC N/A -744.12000000 -0.00073279103 N/A DFE N/A N 2 Citibank MBNUM2BPBDO7JBLYG310 30000.00000000 EUR 34520.98000000 USD 2026-06-17 -744.12000000 N N N N/A N/A N/A 1.00000000 NC N/A -1168.12000000 -0.00115033578 N/A DFE N/A N 2 Citibank MBNUM2BPBDO7JBLYG310 12000000.00000000 JPY 75702.75000000 USD 2026-06-17 -1168.12000000 N N N Canadian Natural Resources Ltd. 549300T15RIMIKZC5Q38 136385101 15050.00000000 NS 716951.00000000 0.706035672406 Long EC CORP CA N 1 N N N TELUS Corp. 894500TX134IMF6NW757 87971M103 14825.00000000 NS 185271.66000000 0.182450963937 Long EC CORP CA N 1 N N N THE BANK OF NOVA SCOTIA, TORONTO L3I9ZG2KFGXZ61BMYR72 N/A 25000.00000000 PA USD 25000.00000000 0.024619383765 Long RA CORP CA N 2 Repurchase Y 3.77000000 2026-05-01 220.68050000 USD 27813.78700000 USD EQT N N Grupo Financiero Banorte SAB de CV N/A N/A 70000.00000000 NS 758200.09000000 0.746656759474 Long EC CORP MX N 1 N N N Manulife Financial Corp. 5493007GBX87QOZACS27 56501R106 12225.00000000 NS 479712.92000000 0.472409458993 Long EC CORP CA N 1 N N N Magna International, Inc. 95RWVLFZX6VGDZNNTN43 559222401 3925.00000000 NS 249295.61000000 0.245500171747 Long EC CORP CA N 1 N N N NATIONAL BK OF CANADA FINANCIAL INC 549300K66TF1ST7A3V76 N/A 25000.00000000 PA USD 25000.00000000 0.024619383765 Long RA CORP CA N 2 Repurchase Y 3.78000000 2026-05-01 632.64880000 USD 27865.54060000 USD EQT N N CF SECURED LLC 254900OXTV81I73FAT50 N/A 559004.40000000 PA USD 559004.40000000 0.550493754011 Long RA CORP US N 2 Repurchase Y 3.61000000 2026-05-01 577747.11020000 USD 570241.66550000 USD UST N N Grupo Aeroportuario del Sureste SAB de CV 5299001W7JIDXCUOUC82 N/A 20500.00000000 NS 623170.97000000 0.613683410481 Long EC CORP MX N 1 N N N Royal Bank of Canada ES7IP3U3RHIGC71XBU11 780087102 5300.00000000 NS 951320.99000000 0.936837461485 Long EC CORP CA N 1 N N N Barclays plc 213800LBQA1Y9L22JB70 N/A 98100.00000000 NS 575136.59000000 0.566380337075 Long EC CORP GB N 1 N N N Intertek Group plc 2138003GAT25WW1RN369 N/A 8375.00000000 NS 539088.07000000 0.530880643152 Long EC CORP GB N 1 N N N Bouygues SA 969500MOCLNQFNZN0D63 N/A 4100.00000000 NS 241821.91000000 0.238140256209 Long EC CORP FR N 1 N N N LVMH Moet Hennessy Louis Vuitton SE IOG4E947OATN0KJYSD45 N/A 200.00000000 NS 105902.95000000 0.104290614718 Long EC CORP FR N 1 N N N Intesa Sanpaolo SpA 2W8N8UU78PMDQKZENC08 N/A 196025.00000000 NS 1327944.66000000 1.307727168164 Long EC CORP IT N 1 N N N ING Bank Slaski SA 259400YLRTOBISHBVX41 N/A 1925.00000000 NS 208019.23000000 0.204852210160 Long EC CORP PL N 1 N N N AP Moller - Maersk A/S 549300D2K6PKKKXVNN73 N/A 75.00000000 NS 177607.10000000 0.174903094176 Long EC CORP DK N 1 N N AP Moller - Maersk A/S 549300D2K6PKKKXVNN73 N/A 8.00000000 NS 18762.66000000 0.018477005080 Long EC CORP DK N 1 N N N Publicis Groupe SA 2138004KW8BV57III342 N/A 9550.00000000 NS 889264.57000000 0.875725828721 Long EC CORP FR N 1 N N N KBC Group NV 213800X3Q9LSAKRUWY91 N/A 5775.00000000 NS 767196.70000000 0.755516399241 Long EC CORP BE N 1 N N N Komercni Banka A/S IYKCAVNFR8QGF00HV840 N/A 3375.00000000 NS 179683.31000000 0.176947694606 Long EC CORP CZ N 1 N N N Danske Bank A/S MAES062Z21O4RZ2U7M96 N/A 5850.00000000 NS 300576.91000000 0.296000731935 Long EC CORP DK N 1 N N N Continental AG 529900A7YD9C0LLXM621 N/A 2500.00000000 NS 188215.87000000 0.185350349372 Long EC CORP DE N 1 N N N Deutsche Post AG 8ER8GIG7CSMVD8VUFE78 N/A 15225.00000000 NS 899770.99000000 0.886072292160 Long EC CORP DE N 1 N N N Renault SA 969500F7JLTX36OUI695 N/A 5700.00000000 NS 199053.68000000 0.196023157515 Long EC CORP FR N 1 N N N Skandinaviska Enskilda Banken AB F3JS33DEI6XQ4ZBPTN86 N/A 36950.00000000 NS 723472.21000000 0.712457599271 Long EC CORP SE N 1 N N N SAP SE 529900D6BF99LW9R2E68 N/A 225.00000000 NS 38402.72000000 0.037818052053 Long EC CORP DE N 1 N N N Swedbank AB M312WZV08Y7LYUC71685 N/A 21900.00000000 NS 766224.24000000 0.754558744604 Long EC CORP SE N 1 N N N Sberbank of Russia PJSC 549300WE6TAF5EEWQS81 N/A 31920.00000000 NS 0.00000000 0.000000 Long EC CORP RU Y 3 N N N UPM-Kymmene OYJ 213800EC6PW5VU4J9U64 N/A 7700.00000000 NS 230057.39000000 0.226554846901 Long EC CORP FI N 1 N N N Bank Polska Kasa Opieki SA 5493000LKS7B3UTF7H35 N/A 12475.00000000 NS 777840.00000000 0.765997658731 Long EC CORP PL N 1 N N N Mercedes-Benz Group AG 529900R27DL06UVNT076 N/A 4925.00000000 NS 286466.00000000 0.282104655592 Long EC CORP DE N 1 N N N Fortum OYJ 635400IUIZZIUJSAMF76 N/A 31350.00000000 NS 788458.52000000 0.776454515487 Long EC CORP FI N 1 N N N Carrefour SA 549300B8P6MUJ1YWTS08 N/A 2875.00000000 NS 57164.19000000 0.056293885250 Long EC CORP FR N 1 N N N Sanofi SA 549300E9PC51EN656011 N/A 10700.00000000 NS 1001871.51000000 0.986618367542 Long EC CORP FR N 1 N N N H & M Hennes & Mauritz AB 529900O5RR7R39FRDM42 N/A 12450.00000000 NS 221497.21000000 0.218124992640 Long EC CORP SE N 1 N N Telefonica SA 549300EEJH4FEPDBBR25 879382109 55100.00000000 NS 249362.04000000 0.245565590373 Long EC CORP ES N 1 N N Asustek Computer, Inc. 254900B3WB4OGRB7HM13 N/A 14000.00000000 NS 256718.58000000 0.252810129631 Long EC CORP TW N 1 N N N Realtek Semiconductor Corp. 5299002E7F36O00MYY75 N/A 13000.00000000 NS 220328.55000000 0.216974125079 Long EC CORP TW N 1 N N N Fortescue Ltd. 529900VEJFORCO6I4826 N/A 56775.00000000 NS 802081.29000000 0.789869883590 Long EC CORP AU N 1 N N Yankuang Energy Group Co. Ltd. 3003005N7A6HYZ4Z0K39 N/A 132000.00000000 NS 276005.74000000 0.271803649383 Long EC CORP HK N 1 N N Vedanta Ltd. 335800XDKX9KB5EMCO07 N/A 48450.00000000 NS 138616.35000000 0.136505964673 Long EC CORP IN N 1 N N N Quanta Computer, Inc. 529900DE8BIV3XOXIK04 N/A 30000.00000000 NS 295886.00000000 0.291381239395 Long EC CORP TW N 1 N N N BHP Group Ltd. WZE1WSENV6JSZFK0JC28 N/A 35900.00000000 NS 1386529.58000000 1.365420153298 Long EC CORP AU N 1 N N NMDC Ltd. 335800IXHXOHQ7B2HP66 N/A 213275.00000000 NS 203065.01000000 0.199973416422 Long EC CORP IN N 1 N N N DBS Group Holdings Ltd. 5493007FKT78NKPM5V55 N/A 12500.00000000 NS 574182.40000000 0.565440674283 Long EC CORP SG N 1 N N N Eva Airways Corp. 254900S1P4XOXV67GC07 N/A 600000.00000000 NS 634379.59000000 0.624721383172 Long EC CORP TW N 1 N N N Infosys Ltd. 335800TYLGG93MM7PR89 N/A 12850.00000000 NS 159999.26000000 0.157563327366 Long EC CORP IN N 1 N N N Origin Energy Ltd. ZSN2LWNPYW6ISMRUC664 N/A 26800.00000000 NS 233141.11000000 0.229591618345 Long EC CORP AU N 1 N N Lenovo Group Ltd. 254900VUZRGD5U73RE46 N/A 200000.00000000 NS 298196.90000000 0.293656956753 Long EC CORP HK N 1 N N United Tractors Tbk. PT 529900N9ELYOWQV4FW14 N/A 312500.00000000 NS 524443.96000000 0.516459484592 Long EC CORP ID N 1 N N N Daiwa Securities Group, Inc. 353800WRC7Y23PWFJG38 N/A 10000.00000000 NS 93647.30000000 0.092221552692 Long EC CORP JP N 1 N N N Hong Kong Exchanges & Clearing Ltd. 213800YTVSXYQN17BW16 N/A 8100.00000000 NS 426416.47000000 0.419924428757 Long EC CORP HK N 1 N N N Disco Corp. N/A N/A 700.00000000 NS 330602.09000000 0.325568789097 Long EC CORP JP N 1 N N N HCL Technologies Ltd. 549300C1F8OLYSOQYB65 N/A 38225.00000000 NS 482918.41000000 0.475566146531 Long EC CORP IN N 1 N N N Evergreen Marine Corp. Taiwan Ltd. 254900EIJA0A39C5SO15 N/A 125000.00000000 NS 796919.63000000 0.784786808054 Long EC CORP TW N 1 N N N ENN Energy Holdings Ltd. 549300V7BXPWT6WIPR03 N/A 12500.00000000 NS 97494.81000000 0.096010485702 Long EC CORP HK N 1 N N N Mitsubishi UFJ Financial Group, Inc. 353800V2V8PUY9TK3E06 N/A 92500.00000000 NS 1662821.86000000 1.637505980210 Long EC CORP JP N 1 N N N Novatek Microelectronics Corp. N/A N/A 64000.00000000 NS 826145.28000000 0.813567507780 Long EC CORP TW N 1 N N N Fujikura Ltd. 353800PSDZ8VRCKVPL51 N/A 36000.00000000 NS 1371723.94000000 1.350839923976 Long EC CORP JP N 1 N N N FANUC Corp. 529900QTSW745LOKW705 N/A 5400.00000000 NS 236910.12000000 0.233303246489 Long EC CORP JP N 1 N N N MediaTek, Inc. 254900UEGBK1I4DM4E14 N/A 21650.00000000 NS 1783411.45000000 1.756259635984 Long EC CORP TW N 1 N N N Charoen Pokphand Foods PCL 529900FJ3AI2GKGIWK15 N/A 277500.00000000 NS 164299.41000000 0.161798009090 Long EC CORP TH N 1 N N N Henderson Land Development Co. Ltd. 529900SYQB7IVR9QGN76 N/A 39000.00000000 NS 153236.96000000 0.150903981012 Long EC CORP HK N 1 N N Hitachi Ltd. 549300T6IPOCDWLKC615 N/A 61000.00000000 NS 1900398.84000000 1.871465933991 Long EC CORP JP N 1 N N N Hong Kong & China Gas Co. Ltd. 254900P7BETXGC7YU827 N/A 225000.00000000 NS 207659.17000000 0.204497631947 Long EC CORP HK N 1 N N N SK hynix, Inc. 988400XAIK6XISWQV045 N/A 825.00000000 NS 715311.49000000 0.704421123371 Long EC CORP KR N 1 N N N China Gas Holdings Ltd. 254900KTSZLZ21VV8T33 N/A 570000.00000000 NS 528252.75000000 0.520210287100 Long EC CORP HK N 1 N N N Isuzu Motors Ltd. 529900C0QSXVCC7AR494 N/A 11100.00000000 NS 152009.19000000 0.149694903380 Long EC CORP JP N 1 N N N Japan Tobacco, Inc. 353800Z0ENYBQO0XRJ31 N/A 8100.00000000 NS 303158.80000000 0.298543313565 Long EC CORP JP N 1 N N Kia Corp. 988400V8MJK9N7OI5X76 N/A 2850.00000000 NS 291686.89000000 0.287246059372 Long EC CORP KR N 1 N N N Komatsu Ltd. 5493004LQ0B4T7QPQV17 N/A 17500.00000000 NS 732251.68000000 0.721103404918 Long EC CORP JP N 1 N N N Lasertec Corp. 5299008UY0JUHZ3SAQ87 N/A 3800.00000000 NS 1035206.28000000 1.019445627357 Long EC CORP JP N 1 N N N Tokio Marine Holdings, Inc. 5299009QN2NZ191KLS29 N/A 5000.00000000 NS 229794.84000000 0.226296294133 Long EC CORP JP N 1 N N N Lite-On Technology Corp. 2549005GU1PQ73SZBT32 N/A 39800.00000000 NS 208518.36000000 0.205343741081 Long EC CORP TW N 1 N N N Marubeni Corp. 4P4N3ORD02UGQT1T1W12 N/A 10000.00000000 NS 387479.66000000 0.381580418037 Long EC CORP JP N 1 N N N Mitsui & Co. Ltd. 2NRSB4GOU9DD6CNW5R48 N/A 5000.00000000 NS 188124.18000000 0.185260055320 Long EC CORP JP N 1 N N N Mobile Telecommunications Co. KSCP N/A N/A 120250.00000000 NS 222902.44000000 0.219508828506 Long EC CORP KW N 1 N N N Nedbank Group Ltd. 3789009E42FA3CB31065 N/A 13275.00000000 NS 212352.31000000 0.209119320536 Long EC CORP ZA N 1 N N N Nomura Holdings, Inc. 549300B3CEAHYG7K8164 N/A 30000.00000000 NS 240547.53000000 0.236885278198 Long EC CORP JP N 1 N N N Korea Investment Holdings Co. Ltd. N/A N/A 1250.00000000 NS 202265.37000000 0.199185950661 Long EC CORP KR N 1 N N N Orient Overseas International Ltd. 529900DQ426GJO276W95 N/A 41000.00000000 NS 714408.81000000 0.703532186358 Long EC CORP HK N 1 N N Unilever Indonesia Tbk. PT 549300MUHUFNRRI19O72 N/A 2310000.00000000 NS 204844.02000000 0.201725341619 Long EC CORP ID N 1 N N N Bank Rakyat Indonesia Persero Tbk. PT 254900HB6S4B12GBNP64 N/A 1072500.00000000 NS 185255.63000000 0.182435177988 Long EC CORP ID N 1 N N N Bank Negara Indonesia Persero Tbk. PT 549300HZ8J3MLVXQ8F85 N/A 777500.00000000 NS 167088.39000000 0.164544527847 Long EC CORP ID N 1 N N N SoftBank Group Corp. 5493003BZYYYCDIO0R13 N/A 2500.00000000 NS 83261.54000000 0.081993912247 Long EC CORP JP N 1 N N N Samsung Electronics Co. Ltd. 9884007ER46L6N7EI764 N/A 7575.00000000 NS 1126137.74000000 1.108992687762 Long EC CORP KR N 1 N N N Shin-Etsu Chemical Co. Ltd. 353800PX8Q64N86H5W41 N/A 12500.00000000 NS 577996.87000000 0.569197070315 Long EC CORP JP N 1 N N N Singapore Airlines Ltd. 549300ZG62N2599PWR15 N/A 42500.00000000 NS 209905.38000000 0.206709644187 Long EC CORP SG N 1 N N N Sumitomo Electric Industries Ltd. 5493005SP87FL5TOS202 N/A 5700.00000000 NS 370651.86000000 0.365008815391 Long EC CORP JP N 1 N N N Sun Hung Kai Properties Ltd. 529900LUMD393RD3S874 N/A 5000.00000000 NS 86676.24000000 0.085356624636 Long EC CORP HK N 1 N N N TDK Corp. 3538005O8WNU39U8NX03 N/A 15900.00000000 NS 293283.24000000 0.288818105503 Long EC CORP JP N 1 N N N Advantest Corp. 353800EMK32PDKS9XR54 N/A 5300.00000000 NS 955795.92000000 0.941244262245 Long EC CORP JP N 1 N N N Taiwan Semiconductor Manufacturing Co. Ltd. 549300KB6NK5SBD14S87 N/A 58000.00000000 NS 3908220.11000000 3.848718829150 Long EC CORP TW N 1 N N N Tokyo Electron Ltd. 549300H5LSF8DP3RIJ34 N/A 6400.00000000 NS 1812935.13000000 1.785333828308 Long EC CORP JP N 1 N N N United Microelectronics Corp. 391200YJCAGH9LF96P73 N/A 125000.00000000 NS 304959.84000000 0.300316933362 Long EC CORP TW N 1 N N N Yang Ming Marine Transport Corp. 254900WG2ACWNVSP6E13 N/A 437000.00000000 NS 677888.24000000 0.667567629231 Long EC CORP TW N 1 N N N Novartis AG 5493007HIVTX6SY6XD66 N/A 4325.00000000 NS 640966.05000000 0.631207566628 Long EC CORP CH N 1 N N N Allwyn AG 213800M4NRGFJCI34834 N/A 39450.00000000 NS 559949.55000000 0.551424514434 Long EC CORP GR N 1 N N N Holcim AG 529900EHPFPYHV6IQO98 N/A 9500.00000000 NS 880455.21000000 0.867050588138 Long EC CORP CH N 1 N N N Nestle SA KY37LUS27QQX7BB93L28 N/A 325.00000000 NS 32851.16000000 0.032351012607 Long EC CORP CH N 1 N N N Equinor ASA OW6OFBNCKXC4US5C7523 N/A 11900.00000000 NS 475611.12000000 0.468370107459 Long EC CORP NO N 1 N N N Enel SpA WOCMU6HCI0OJWNPRZS33 N/A 112250.00000000 NS 1306741.34000000 1.286846661276 Long EC CORP IT N 1 N N N Erste Bank Polska SA 259400LGXW3K0GDAG361 N/A 4575.00000000 NS 776491.98000000 0.764670161863 Long EC CORP PL N 1 N N N Sonova Holding AG 5299004A0QNX7FBNHS61 N/A 1550.00000000 NS 339313.34000000 0.334147413370 Long EC CORP CH N 1 N N N BNP Paribas SA R0MUWSFPU8MPRO8K5P83 N/A 10500.00000000 NS 1099048.14000000 1.082315517423 Long EC CORP FR N 1 N N N Cie de Saint-Gobain NFONVGN05Z0FMN5PEC35 N/A 1000.00000000 NS 91075.60000000 0.089689005923 Long EC CORP FR N 1 N N N Uab Dirham N/A N/A 7423.19000000 OU Currencies 2021.07000000 0.001990299917 Long STIV AE N 1 N N N Australian Dollar N/A N/A 5142.52000000 OU Currencies 3697.21000000 0.003640921274 Long STIV AU N 1 N N N Techtronic Industries Co. Ltd. 549300HZW2SBE758OK89 N/A 50000.00000000 NS 714217.33000000 0.703343621574 Long EC CORP HK N 1 N N N Ping An Insurance Group Co. of China Ltd. 529900M9MC28JLN35U89 N/A 46500.00000000 NS 373958.83000000 0.368265437933 Long EC CORP HK N 1 N N Turkiye Petrol Rafinerileri A/S 789000RCNG97UV50EE03 N/A 20900.00000000 NS 125349.81000000 0.123441403093 Long EC CORP TR N 1 N N N Powszechna Kasa Oszczednosci Bank Polski SA P4GTT6GF1W40CVIMFR43 N/A 24075.00000000 NS 627778.15000000 0.618220447781 Long EC CORP PL N 1 N N N Kone OYJ 2138001CNF45JP5XZK38 N/A 7250.00000000 NS 460950.00000000 0.453932197871 Long EC CORP FI N 1 N N N COSCO SHIPPING Holdings Co. Ltd. 3003009XI0QGYYA29S17 N/A 412500.00000000 NS 758257.54000000 0.746713334818 Long EC CORP HK N 1 N N Shenzhou International Group Holdings Ltd. 529900B4W41TCUKJFM73 N/A 20000.00000000 NS 119483.01000000 0.117663923066 Long EC CORP HK N 1 N N N Partners Group Holding AG 549300I3IVVWZWDHI788 N/A 675.00000000 NS 731922.51000000 0.720779246416 Long EC CORP CH N 1 N N PTT Exploration & Production PCL 2549001O8YYGP5N7Q076 N/A 177500.00000000 NS 838561.24000000 0.825794439142 Long EC CORP TH N 1 N N N TotalEnergies SE 529900S21EQ1BO4ESM68 N/A 10175.00000000 NS 946388.29000000 0.931979860113 Long EC CORP FR N 1 N N N BCE, Inc. 5493001I9203PRB5KR45 05534B760 6500.00000000 NS USD 154570.00000000 0.152216725946 Long EC CORP US N 1 N N Logitech International SA 549300SN6PRK6IJJC215 N/A 3800.00000000 NS 372881.53000000 0.367204539447 Long EC CORP CH N 1 N N N Metso OYJ 549300R0VN9C371W0E07 N/A 11750.00000000 NS 202339.39000000 0.199258843732 Long EC CORP FI N 1 N N N Kumba Iron Ore Ltd. 3789006C753402643048 N/A 32000.00000000 NS 598764.07000000 0.589648096976 Long EC CORP ZA N 1 N N Aker BP ASA 549300NFTY73920OYK69 N/A 7875.00000000 NS 305261.43000000 0.300613931760 Long EC CORP NO N 1 N N N Rexel SA 969500N6AVPA51648T62 N/A 5525.00000000 NS 231764.18000000 0.228235651622 Long EC CORP FR N 1 N N N Ecopetrol SA 254900IDGKCJICKBPA66 N/A 320875.00000000 NS 229827.19000000 0.226328151615 Long EC CORP CO N 1 N N N Bosideng International Holdings Ltd. 254900G7F1RDM4B3S169 N/A 1000000.00000000 NS 543800.86000000 0.535521682577 Long EC CORP HK N 1 N N CaixaBank SA 7CUNS533WID6K7DGFI87 N/A 38075.00000000 NS 484156.45000000 0.476785337806 Long EC CORP ES N 1 N N N Bureau Veritas SA 969500TPU5T3HA5D1F11 N/A 17325.00000000 NS 529619.76000000 0.521556484852 Long EC CORP FR N 1 N N Grupo Energia Bogota SA ESP 529900LG618OWYVHI655 N/A 226400.00000000 NS 189913.53000000 0.187022163094 Long EC CORP CO N 1 N N N China Hongqiao Group Ltd. 3003009Q4IBFSDE24571 N/A 162500.00000000 NS 677900.11000000 0.667579318514 Long EC CORP HK N 1 N N Pegatron Corp. 529900M87JQS8TUO0L66 N/A 336000.00000000 NS 872754.82000000 0.859467433876 Long EC CORP TW N 1 N N N Chongqing Rural Commercial Bank Co. Ltd. 300300C1126750000027 N/A 175000.00000000 NS 155257.70000000 0.152893955954 Long EC CORP HK N 1 N N N Julius Baer Group Ltd. 5299007MF0604ZGJER92 N/A 8950.00000000 NS 733578.42000000 0.722409945767 Long EC CORP CH N 1 N N N Chow Tai Fook Jewellery Group Ltd. 254900VXRL7SRSF44G79 N/A 330000.00000000 NS 447793.20000000 0.440975705538 Long EC CORP HK N 1 N N Cenovus Energy, Inc. 254900LJGL2N2XEMD470 15135U109 13975.00000000 NS 408027.70000000 0.401815621332 Long EC CORP CA N 1 N N N Chailease Holding Co. Ltd. 529900L76E6T0JCM3J27 N/A 61000.00000000 NS 222364.25000000 0.218978832260 Long EC CORP TW N 1 N N N GMK Norilskiy Nickel PAO 253400JPTEEW143W3E47 N/A 212800.00000000 NS 0.00000000 0.000000 Long EC CORP RU Y 3 N N N Severstal PAO 213800OKDPTV6K4ONO53 N/A 7952.00000000 NS 0.00000000 0.000000 Long EC CORP RU Y 3 N N N Daiichi Life Group, Inc. 549300ZUFXI7JXZVTZ25 N/A 30000.00000000 NS 275677.23000000 0.271480140832 Long EC CORP JP N 1 N N N Powszechny Zaklad Ubezpieczen SA QLPCKOOKVX32FUELX240 N/A 35550.00000000 NS 622962.47000000 0.613478084821 Long EC CORP PL N 1 N N N Astra International Tbk. PT 529900L49TRJOMG4DK47 N/A 525000.00000000 NS 181217.50000000 0.178458527102 Long EC CORP ID N 1 N N N Ageas SA 5493005DJBML6LY3RV36 N/A 1025.00000000 NS 80198.50000000 0.078977505957 Long EC CORP BE N 1 N N N ASML Holding NV 724500Y6DUVHQD6OXN27 N/A 575.00000000 NS 824513.38000000 0.811960452885 Long EC CORP NL N 1 N N N Tele2 AB 213800EKD193RVI9HL76 N/A 19850.00000000 NS 406465.97000000 0.400277668124 Long EC CORP SE N 1 N N N BB Seguridade Participacoes SA N/A N/A 115000.00000000 NS 781992.61000000 0.770087046700 Long EC CORP BR N 1 N N N Cie Financiere Richemont SA 549300YIPGJ6UX2QPS51 N/A 1450.00000000 NS 275334.06000000 0.271142195475 Long EC CORP CH N 1 N N N Telkom Indonesia Persero Tbk. PT 529900M5SQZAOKV1PC81 N/A 3060000.00000000 NS 496741.77000000 0.489179050722 Long EC CORP ID N 1 N N N Siemens Healthineers AG 529900QBVWXMWANH7H45 N/A 16425.00000000 NS 672045.04000000 0.661813389902 Long EC CORP DE Y 1 N N N Nordea Bank Abp 529900ODI3047E2LIV03 N/A 45750.00000000 NS 858135.93000000 0.845071111350 Long EC CORP FI N 1 N N N BE Semiconductor Industries NV 7245007A1YFLI2GNYX06 N/A 1400.00000000 NS 405969.14000000 0.399788402187 Long EC CORP NL N 1 N N Ambev SA 549300TH5Q6VRP8OT012 N/A 245000.00000000 NS 713501.53000000 0.702638719378 Long EC CORP BR N 1 N N N Woori Financial Group, Inc. N/A N/A 8625.00000000 NS 193934.57000000 0.190981984170 Long EC CORP KR N 1 N N N Haidilao International Holding Ltd. 3003009Q8GV4VNKZWI24 N/A 350000.00000000 NS 641582.89000000 0.631815015455 Long EC CORP HK Y 1 N N Vodafone Group plc 213800TB53ELEUKM7Q61 N/A 188625.00000000 NS 300527.08000000 0.295951660579 Long EC CORP GB N 1 N N N Ovintiv, Inc. 2549003MEX7YMKLGI239 69047Q102 13250.00000000 NS USD 815537.50000000 0.803121227511 Long EC CORP US N 1 N N N EQT AB 213800U7P9GOIRKCTB34 N/A 5575.00000000 NS 178724.91000000 0.176003885910 Long EC CORP SE N 1 N N TC Energy Corp. 549300UGKOFV2IWJJG27 87807B107 3475.00000000 NS 232534.71000000 0.228994450573 Long EC CORP CA N 1 N N N Dr Ing hc F Porsche AG 529900EWEX125AULXI58 N/A 4350.00000000 NS 210489.16000000 0.207284536342 Long EC CORP DE Y 1 N N N Evolution AB 549300SUH6ZR1RF6TA88 N/A 13100.00000000 NS 909590.46000000 0.895742264172 Long EC CORP SE Y 1 N N China Feihe Ltd. N/A N/A 200000.00000000 NS 88846.34000000 0.087493685625 Long EC CORP HK Y 1 N N Banca Monte dei Paschi di Siena SpA J4CP7MHCXR8DAQMKIL78 N/A 25400.00000000 NS 269708.59000000 0.265602371284 Long EC CORP IT N 1 N N N WH Group Ltd. 254900A4AYEDRWYSE928 N/A 612500.00000000 NS 744343.39000000 0.733011022873 Long EC CORP HK Y 1 N N N NatWest Group plc 2138005O9XJIJN4JPN90 N/A 113100.00000000 NS 899370.09000000 0.885677495722 Long EC CORP GB N 1 N N N Caixa Seguridade Participacoes SA N/A N/A 177500.00000000 NS 644463.51000000 0.634651779026 Long EC CORP BR N 1 N N N Woodside Energy Group Ltd. 2549005ZC5RXAOO7FH41 N/A 15825.00000000 NS 381711.22000000 0.375899800513 Long EC CORP AU N 1 N N Tenaris SA 549300Y7C05BKC4HZB40 N/A 24825.00000000 NS 792963.91000000 0.780891312504 Long EC CORP IT N 1 N N N JD.com, Inc. 549300HVTWB0GJZ16V92 47215P106 30675.00000000 NS USD 930066.00000000 0.915906071255 Long EC CORP US N 1 N N Tencent Holdings Ltd. 254900N4SLUMW4XUYY11 N/A 7500.00000000 NS 447869.79000000 0.441051129482 Long EC CORP HK N 1 N N N Siemens Energy AG 5299005CHJZ14D4FDJ62 N/A 1100.00000000 NS 233012.31000000 0.229464779280 Long EC CORP DE N 1 N N N DNB Bank ASA 549300GKFG0RYRRQ1414 N/A 2475.00000000 NS 74654.94000000 0.073518344714 Long EC CORP NO N 1 N N N FinecoBank Banca Fineco SpA 549300L7YCATGO57ZE10 N/A 16900.00000000 NS 417901.41000000 0.411539007560 Long EC CORP IT N 1 N N N Barrick Mining Corp. 0O4KBQCJZX82UKGCBV73 06849F108 22750.00000000 NS 892048.71000000 0.878467581166 Long EC CORP CA N 1 N N N Alibaba Group Holding Ltd. 5493001NTNQJDH60PM02 01609W102 2125.00000000 NS USD 280245.00000000 0.275978368136 Long EC CORP US N 1 N N Novo Nordisk A/S 549300DAQ1CVT6CXN342 N/A 45925.00000000 NS 1962776.29000000 1.932893709186 Long EC CORP DK N 1 N N N Industria de Diseno Textil SA 549300TTCXZOGZM2EY83 N/A 14800.00000000 NS 878126.46000000 0.864757292540 Long EC CORP ES N 1 N N Brookfield Asset Management Ltd. 549300CZ84WPNJZKY093 113004105 15225.00000000 NS 729985.67000000 0.718871894126 Long EC CORP CA N 1 N N N Var Energi ASA 549300LIVN3FFOJN2K47 N/A 59575.00000000 NS 300545.52000000 0.295969819837 Long EC CORP NO N 1 N N N Straumann Holding AG 50670046ML5FVIM60Z37 N/A 3175.00000000 NS 343056.71000000 0.337833791875 Long EC CORP CH N 1 N N Brazilian Real N/A N/A 208747.51000000 OU Currencies 41896.98000000 0.041259113169 Long STIV BR N 1 N N N Talabat Holding plc 529900MAA20AIKRXOA24 N/A 3498475.00000000 NS 847734.15000000 0.834827694804 Long EC CORP AE N 1 N N N Roche Holding AG 549300U41AUUVOAAOB37 N/A 475.00000000 NS 193389.17000000 0.190444887694 Long EC CORP CH N 1 N N N Grupo Cibest SA 529900OSSJBGZREZ2C28 N/A 10200.00000000 NS 175506.95000000 0.172834918223 Long EC CORP CO N 1 N N N Vedanta Aluminium Metal Ltd. 335800NL21ZO4I8KAA12 N/A 48450.00000000 NS 191612.66000000 0.188695424435 Long EC CORP IN N 3 N N N Talwandi Sabo Power Ltd. 335800KDZAEK1ZA1G908 N/A 48450.00000000 NS 13215.90000000 0.013014692556 Long EC CORP IN N 3 N N N Vedanta Iron and Steel Ltd. 335800Y89YF7J22XIQ21 N/A 48450.00000000 NS 9249.60000000 0.009108778083 Long EC CORP IN N 3 N N N Tech Mahindra Ltd. 3358005FZUZ1I25XQH69 N/A 14275.00000000 NS 221613.97000000 0.218239975010 Long EC CORP IN N 1 N N N Banca Mediolanum SpA 7LVZJ6XRIE7VNZ4UBX81 N/A 35800.00000000 NS 782370.39000000 0.770459075131 Long EC CORP IT N 1 N N N CK Asset Holdings Ltd. 5299006GJZSGP78B8S35 N/A 125000.00000000 NS 779639.38000000 0.767769643801 Long EC CORP HK N 1 N N N VAT Group AG 529900MVFK7NVALR7Y83 N/A 1175.00000000 NS 875935.04000000 0.862599236141 Long EC CORP CH Y 1 N N N Canadian Dollar N/A N/A 18550.23000000 OU Currencies 13628.85000000 0.013421355537 Long STIV CA N 1 N N N Swiss Franc N/A N/A 19467.57000000 OU Currencies 24893.00000000 0.024514012803 Long STIV CH N 1 N N N Chilean Peso Currency N/A N/A 10428.00000000 OU Currencies 11.55000000 0.000011374155 Long STIV CL N 1 N N N Chinese Renminbi (Yuan) N/A N/A 1.00000000 OU Currencies 0.15000000 0.000000147716 Long STIV CN N 1 N N N Colombian Peso N/A N/A 63797671.31000000 OU Currencies 17575.07000000 0.017307495721 Long STIV CO N 1 N N N Czech Repub. Kronas N/A N/A 1547.06000000 OU Currencies 74.47000000 0.000073336220 Long STIV CZ N 1 N N N Danish Krone N/A N/A 203903.19000000 OU Currencies 32009.42000000 0.031522087803 Long STIV DK N 1 N N N Egyptian Pound N/A N/A 2.75000000 OU Currencies 0.05000000 0.000000049238 Long STIV EG N 1 N N N EURO N/A N/A 24058.01000000 OU Currencies 28221.25000000 0.027791591363 Long STIV XX N 1 N N N British Pound N/A N/A 20989.32000000 OU Currencies 28521.34000000 0.028087112598 Long STIV GB N 1 N N N Hong Kong Dollar N/A N/A 113491.97000000 OU Currencies 14487.57000000 0.014267001826 Long STIV HK N 1 N N N Hungarian Forint N/A N/A 0.68000000 OU Currencies 0.00000000 0.000000 Long STIV HU N 1 N N N Indonesian Rupiah N/A N/A 1.00000000 OU Currencies 0.00000000 0.000000 Long STIV ID N 1 N N N Israeli Shekel N/A N/A 2193.16000000 OU Currencies 742.90000000 0.000731589607 Long STIV IL N 1 N N N Indian Rupee N/A N/A 194000.37000000 OU Currencies 2043.96000000 0.002012841425 Long STIV IN N 1 N N N Japanese Yen N/A N/A 8418.00000000 OU Currencies 53.72000000 0.000052902131 Long STIV JP N 1 N N N South Korea Won N/A N/A 20719358.50000000 OU Currencies 13969.36000000 0.013756681392 Long STIV KR N 1 N N N N/A N/A N/A 8.00000000 NC USD 59206.00000000 0.058304609409 N/A DE US N 1 ICE Clear US 549300HWWR1D8OTS2G29 Long MSCI Emerging Markets Index GB00BP5FTD07 2026-06-19 653680.00000000 USD 59206.00000000 N N N N/A N/A N/A 9.00000000 NC USD 53118.41000000 0.052309700832 N/A DE US N 1 ICE Clear US 549300HWWR1D8OTS2G29 Long MSCI EAFE Index MXEA Index 2026-06-19 1370745.00000000 USD 53118.41000000 N N N New Mexican Pesos N/A N/A 10042.46000000 OU Currencies 573.46000000 0.000564729272 Long STIV MX N 1 N N N Norwegian Krone N/A N/A 64191.49000000 OU Currencies 6900.38000000 0.006795324133 Long STIV NO N 1 N N N New Zealand Dollar N/A N/A 78.95000000 OU Currencies 46.48000000 0.000045772358 Long STIV NZ N 1 N N N Malco Energy Ltd. 335800Y9DUY29TJI9W11 N/A 48450.00000000 NS 33037.19000000 0.032534210365 Long EC CORP IN N 3 N N N Polish Zloty - New N/A N/A 43450.48000000 OU Currencies 11971.81000000 0.011789543390 Long STIV PL N 1 N N N Qatari Rial N/A N/A 0.01000000 OU Currencies 0.00000000 0.000000 Long STIV QA N 1 N N N Russian Roubles N/A N/A 6435544.52000000 OU Currencies 0.00000000 0.000000 Long STIV RU N 1 N N N Saudi Arabian Ryal N/A N/A 636.87000000 OU Currencies 169.81000000 0.000167224702 Long STIV SA N 1 N N N Swedish Krona N/A N/A 5743.13000000 OU Currencies 620.75000000 0.000611299298 Long STIV SE N 1 N N N Singapore Dollar N/A N/A 328.15000000 OU Currencies 257.67000000 0.000253747064 Long STIV SG N 1 N N N Turkish Lira N/A N/A 17089.00000000 OU Currencies 378.20000000 0.000372442037 Long STIV TR N 1 N N N New Taiwan Dollar N/A N/A 1352171.00000000 OU Currencies 42676.10000000 0.042026371340 Long STIV TW N 1 N N N South African Rand N/A N/A 23501.96000000 OU Currencies 1407.30000000 0.001385874350 Long STIV ZA N 1 N N N 2026-06-01 FlexShares Trust Randal Rein Randal Rein Treasurer and PFO