FlexShares Morningstar Global Upstream Natural Resources Index Fund

Fund Profile

Fund profile

Tickers

GUNR

Fund manager

FlexShares Trust

Total assets

$5.79 bn

Liabilities

$128.05 mm

Net assets

$5.66 bn

Number of holdings

185.00

GUNR stock data

1M 3M 6M 1Y

185 Holdings

As of Oct 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
BHP Group Ltd.	289.31 mm	10.36 mm shares	5.11	Common equity	Long	Australia
XOM Exxon Mobil Corporation	288.05 mm	2.47 mm shares	5.09	Common equity	Long	USA
NTR Nutrien Ltd.	258.80 mm	5.43 mm shares	4.57	Common equity	Long	Canada
CTVA Corteva, Inc.	253.74 mm	4.17 mm shares	4.48	Common equity	Long	USA
Shell plc	236.07 mm	7.12 mm shares	4.17	Common equity	Long	UK
CVX Chevron Corporation	169.36 mm	1.14 mm shares	2.99	Common equity	Long	USA
ADM Archer-Daniels-Midland Company	156.44 mm	2.83 mm shares	2.76	Common equity	Long	USA
Rio Tinto plc	150.08 mm	2.33 mm shares	2.65	Common equity	Long	Australia
TotalEnergies SE	144.85 mm	2.32 mm shares	2.56	Common equity	Long	France
Glencore plc	125.15 mm	23.96 mm shares	2.21	Common equity	Long	Australia
FCX Freeport-McMoRan Inc.	111.18 mm	2.47 mm shares	1.96	Common equity	Long	USA
TSN Tyson Foods, Inc.	99.18 mm	1.69 mm shares	1.75	Common equity	Long	USA
AEM Agnico Eagle Mines Limited	95.89 mm	1.11 mm shares	1.69	Common equity	Long	Canada
CF CF Industries Holdings, Inc.	92.41 mm	1.12 mm shares	1.63	Common equity	Long	USA
BP plc	91.90 mm	18.98 mm shares	1.62	Common equity	Long	UK
Anglo American plc	90.42 mm	2.93 mm shares	1.60	Common equity	Long	South Africa
COP ConocoPhillips	88.82 mm	810.83 k shares	1.57	Common equity	Long	USA
Newmont Corp.	87.78 mm	1.93 mm shares	1.55	Common equity	Long	USA
Vale SA	86.69 mm	8.09 mm shares	1.53	Common equity	Long	Brazil
CNQ Canadian Natural Resources Limited	83.98 mm	2.47 mm shares	1.48	Common equity	Long	Canada
Mowi ASA	80.06 mm	4.67 mm shares	1.41	Common equity	Long	Norway
SABIC Agri-Nutrients Co.	76.46 mm	2.52 mm shares	1.35	Common equity	Long	Saudi Arabia
GOLD Barrick Gold Corporation	75.19 mm	3.89 mm shares	1.33	Common equity	Long	Canada
Bunge Global SA	72.43 mm	862.04 k shares	1.28	Common equity	Long	USA
AWK American Water Works Company, Inc.	72.30 mm	523.48 k shares	1.28	Common equity	Long	USA
WPM Wheaton Precious Metals Corp.	67.75 mm	1.03 mm shares	1.20	Common equity	Long	Canada
SU Suncor Energy Inc.	58.03 mm	1.54 mm shares	1.03	Common equity	Long	Canada
MOS The Mosaic Company	57.10 mm	2.13 mm shares	1.01	Common equity	Long	USA
UPM-Kymmene OYJ	56.15 mm	1.92 mm shares	0.99	Common equity	Long	Finland
FNV Franco-Nevada Corporation	55.45 mm	418.22 k shares	0.98	Common equity	Long	Canada
Yara International ASA	53.84 mm	1.80 mm shares	0.95	Common equity	Long	Norway
CCJ Cameco Corporation	50.64 mm	970.15 k shares	0.89	Common equity	Long	Canada
Treasury Repurchase Agreement	50.00 mm	50.00 mm principal	0.88	Repurchase agreement	Long	USA
TECK Teck Resources Limited	49.84 mm	1.07 mm shares	0.88	Common equity	Long	Canada
Fortescue Ltd.	49.73 mm	3.96 mm shares	0.88	Common equity	Long	Australia
FMC FMC Corporation	48.63 mm	748.24 k shares	0.86	Common equity	Long	USA
WY Weyerhaeuser Company	48.31 mm	1.55 mm shares	0.85	Common equity	Long	USA
EOG EOG Resources, Inc.	47.88 mm	392.61 k shares	0.85	Common equity	Long	USA
Saudi Arabian Oil Co.	45.57 mm	6.34 mm shares	0.81	Common equity	Long	Saudi Arabia
PI Industries Ltd.	43.89 mm	822.21 k shares	0.78	Common equity	Long	India
Saudi Arabian Mining Co.	42.68 mm	2.84 mm shares	0.75	Common equity	Long	Saudi Arabia
Salmar ASA	40.30 mm	796.60 k shares	0.71	Common equity	Long	Norway
United Utilities Group plc	40.13 mm	3.05 mm shares	0.71	Common equity	Long	UK
Severn Trent plc	39.17 mm	1.19 mm shares	0.69	Common equity	Long	UK
Eni SpA	37.44 mm	2.46 mm shares	0.66	Common equity	Long	Italy
Woodside Energy Group Ltd.	37.13 mm	2.38 mm shares	0.66	Common equity	Long	Australia
Grupo Mexico SAB de CV, Series B	36.55 mm	7.00 mm shares	0.65	Common equity	Long	Mexico
UPL Ltd.	36.53 mm	5.55 mm shares	0.65	Common equity	Long	India
ICL Group Ltd.	35.39 mm	8.57 mm shares	0.63	Common equity	Long	Israel
Gold Fields Ltd.	33.85 mm	2.06 mm shares	0.60	Common equity	Long	South Africa
Petroleo Brasileiro SA (Preference)	31.77 mm	5.12 mm shares	0.56	Common equity	Long	Brazil
Bakkafrost P/F	31.01 mm	517.79 k shares	0.55	Common equity	Long	Faroe Islands
Northern Star Resources Ltd.	30.40 mm	2.62 mm shares	0.54	Common equity	Long	Australia
Hindalco Industries Ltd.	29.80 mm	3.65 mm shares	0.53	Common equity	Long	India
KGC Kinross Gold Corporation	26.98 mm	2.68 mm shares	0.48	Common equity	Long	Canada
Essential Utilities, Inc.	26.36 mm	682.80 k shares	0.47	Common equity	Long	USA
Muyuan Foods Co. Ltd., Class A	26.17 mm	4.27 mm shares	0.46	Common equity	Long	China
CVE Cenovus Energy Inc.	26.00 mm	1.62 mm shares	0.46	Common equity	Long	Canada
Charoen Pokphand Indonesia Tbk. PT	25.69 mm	76.82 mm shares	0.45	Common equity	Long	Indonesia
Cia de Saneamento Basico do Estado de Sao Paulo SABESP	25.67 mm	1.61 mm shares	0.45	Common equity	Long	Brazil
Mondi plc	25.61 mm	1.59 mm shares	0.45	Common equity	Long	Austria
HES Hess Corporation	25.25 mm	187.77 k shares	0.45	Common equity	Long	USA
Svenska Cellulosa AB SCA, Class B	24.83 mm	1.89 mm shares	0.44	Common equity	Long	Sweden
South32 Ltd.	24.79 mm	10.28 mm shares	0.44	Common equity	Long	Australia
Stora Enso OYJ, Class R	24.15 mm	2.18 mm shares	0.43	Common equity	Long	Finland
PPB Group Bhd.	23.58 mm	7.40 mm shares	0.42	Common equity	Long	Malaysia
Charoen Pokphand Foods PCL	23.21 mm	31.58 mm shares	0.41	Common equity	Long	Thailand
Ivanhoe Mines Ltd., Class A	23.18 mm	1.76 mm shares	0.41	Common equity	Long	Canada
SMG The Scotts Miracle-Gro Company	23.01 mm	264.58 k shares	0.41	Common equity	Long	USA
OXY Occidental Petroleum Corporation	22.52 mm	449.51 k shares	0.40	Common equity	Long	USA
K+S AG (Registered)	22.13 mm	1.83 mm shares	0.39	Common equity	Long	Germany
FANG Diamondback Energy, Inc.	22.13 mm	125.18 k shares	0.39	Common equity	Long	USA
PetroChina Co. Ltd., Class H	21.37 mm	28.45 mm shares	0.38	Common equity	Long	China
FM First Quantum Minerals Ltd	20.63 mm	1.60 mm shares	0.36	Common equity	Long	Zambia
Equinor ASA	20.43 mm	853.50 k shares	0.36	Common equity	Long	Norway
Boliden AB	20.41 mm	660.04 k shares	0.36	Common equity	Long	Sweden
Sumitomo Metal Mining Co. Ltd.	18.76 mm	666.10 k shares	0.33	Common equity	Long	Japan
QL Resources Bhd.	18.40 mm	16.79 mm shares	0.33	Common equity	Long	Malaysia
Norsk Hydro ASA	18.06 mm	2.94 mm shares	0.32	Common equity	Long	Norway
SSD Simpson Manufacturing Co., Inc.	17.90 mm	99.58 k shares	0.32	Common equity	Long	USA
Treasury Repurchase Agreement	17.53 mm	17.53 mm principal	0.31	Repurchase agreement	Long	USA
Antofagasta plc	17.42 mm	782.38 k shares	0.31	Common equity	Long	Chile
UFPI UFP Industries, Inc.	17.40 mm	142.25 k shares	0.31	Common equity	Long	USA
DVN Devon Energy Corporation	17.39 mm	449.51 k shares	0.31	Common equity	Long	USA
WFG West Fraser Timber Co. Ltd.	17.20 mm	190.62 k shares	0.30	Common equity	Long	Canada
China Petroleum & Chemical Corp., Class H	17.17 mm	30.47 mm shares	0.30	Common equity	Long	China
Tourmaline Oil Corp.	17.16 mm	372.70 k shares	0.30	Common equity	Long	Canada
Repsol SA	16.23 mm	1.31 mm shares	0.29	Common equity	Long	Spain
SCCO Southern Copper Corporation	16.21 mm	147.94 k shares	0.29	Common equity	Long	Hong Kong
RGLD Royal Gold, Inc.	16.21 mm	110.96 k shares	0.29	Common equity	Long	USA
Oil & Natural Gas Corp. Ltd.	16.14 mm	5.10 mm shares	0.29	Common equity	Long	India
Santos Ltd.	15.62 mm	3.52 mm shares	0.28	Common equity	Long	Australia
Taiwan Fertilizer Co. Ltd.	15.21 mm	8.54 mm shares	0.27	Common equity	Long	Taiwan
Inpex Corp.	15.04 mm	1.14 mm shares	0.27	Common equity	Long	Japan
Tongwei Co. Ltd., Class A	14.75 mm	3.41 mm shares	0.26	Common equity	Long	China
Golden Agri-Resources Ltd.	14.09 mm	64.30 mm shares	0.25	Common equity	Long	Singapore
EQT EQT Corporation	13.31 mm	364.16 k shares	0.24	Common equity	Long	USA
CTRA Coterra Energy Inc.	12.11 mm	506.41 k shares	0.21	Common equity	Long	USA
Treasury Repurchase Agreement	12.00 mm	12.00 mm principal	0.21	Repurchase agreement	Long	USA
MRO Marathon Oil Corp	10.88 mm	392.61 k shares	0.19	Common equity	Long	USA
Stella-Jones, Inc.	10.31 mm	170.70 k shares	0.18	Common equity	Long	Canada
Qinghai Salt Lake Industry Co. Ltd., Class A	10.04 mm	3.98 mm shares	0.18	Common equity	Long	China
RYN Rayonier Inc.	9.42 mm	301.57 k shares	0.17	Common equity	Long	USA
Zijin Mining Group Co. Ltd., Class A	9.42 mm	3.98 mm shares	0.17	Common equity	Long	China
Pennon Group plc	8.94 mm	1.28 mm shares	0.16	Common equity	Long	UK
Guangdong Investment Ltd.	8.77 mm	13.78 mm shares	0.16	Common equity	Long	China
CWT California Water Service Group	8.28 mm	159.32 k shares	0.15	Common equity	Long	USA
AWR American States Water Company	8.21 mm	99.58 k shares	0.15	Common equity	Long	USA
Hektas Ticaret TAS	8.07 mm	77.94 mm shares	0.14	Common equity	Long	Turkey
Other Repurchase Agreement	8.00 mm	8.00 mm principal	0.14	Repurchase agreement	Long	USA
PCH PotlatchDeltic Corporation	6.86 mm	165.01 k shares	0.12	Common equity	Long	USA
OVV Ovintiv Inc.	6.80 mm	173.55 k shares	0.12	Common equity	Long	USA
Beijing Enterprises Water Group Ltd.	6.79 mm	22.76 mm shares	0.12	Common equity	Long	China
Cia De Sanena Do Parana	5.31 mm	1.14 mm shares	0.09	Common equity	Long	Brazil
Other Repurchase Agreement	5.00 mm	5.00 mm principal	0.09	Repurchase agreement	Long	USA
BANK OF MONTREAL/LONDON CERTIFICATE OF DEPOSIT VARIABLE 17/DEC/2024 USD 1000	5.00 mm	5.00 mm principal	0.09	Debt	Long	Canada
New Hope Liuhe Co. Ltd., Class A	4.71 mm	3.41 mm shares	0.08	Common equity	Long	China
Yunnan Yuntianhua Co. Ltd., Class A	4.60 mm	1.42 mm shares	0.08	Common equity	Long	China
NORDEA BANK ABP/NEW YORK NY CERTIFICATE OF DEPOSIT VARIABLE 18/JUL/2025 USD 1000	4.00 mm	4.00 mm principal	0.07	Debt	Long	Finland
MACQUARIE BANK LTD COMMERCIAL PAPER VARIABLE 13/FEB/2025 USD	4.00 mm	4.00 mm principal	0.07	Debt	Long	Australia
AlKhorayef Water & Power Technologies Co.	3.41 mm	79.66 k shares	0.06	Common equity	Long	Saudi Arabia
Cia de Saneamento de Minas Gerais Copasa MG	3.40 mm	853.50 k shares	0.06	Common equity	Long	Brazil
COOPERATIEVE RABOBANK UA/LONDON CERTIFICATE OF DEPOSIT VARIABLE 03/JUL/2025 USD	3.00 mm	3.00 mm principal	0.05	Debt	Long	Netherlands
SUMITOMO MITSUI BANKING CORP/NEW YORK CERTIFICATE OF DEPOSIT VARIABLE 21/FEB/2025 USD 1000	3.00 mm	3.00 mm principal	0.05	Debt	Long	Japan
MITSUBISHI UFJ TRUST & BANKING CORP/LONDON CERTIFICATE OF DEPOSIT FIXED 4.84% 27/JAN/2025 USD	3.00 mm	3.00 mm principal	0.05	Debt	Long	Japan
WESTPAC BANKING CORP/NY CERTIFICATE OF DEPOSIT VARIABLE 11/SEP/2025 USD 1000	2.00 mm	2.00 mm principal	0.04	Debt	Long	Australia
MIZUHO BANK LTD/NEW YORK NY CERTIFICATE OF DEPOSIT VARIABLE 18/FEB/2025 USD 1000	2.00 mm	2.00 mm principal	0.04	Debt	Long	Japan
NATIXIS SA/NEW YORK NY CERTIFICATE OF DEPOSIT VARIABLE 01/NOV/2024 USD 1000	2.00 mm	2.00 mm principal	0.04	Debt	Long	France
Canfor Corp.	1.83 mm	153.63 k shares	0.03	Common equity	Long	Canada
Dexco SA	1.63 mm	1.14 mm shares	0.03	Common equity	Long	Brazil
Chengdu Xingrong Environment Co. Ltd., Class A	1.18 mm	1.14 mm shares	0.02	Common equity	Long	China
OVERSEA-CHINESE BANKING CORP LTD/NEW YORK CERTIFICATE OF DEPOSIT VARIABLE 26/FEB/2025 USD 1000	1.00 mm	1.00 mm principal	0.02	Debt	Long	Singapore
SUMITOMO MITSUI TRUST BANK LTD/LONDON CERTIFICATE OF DEPOSIT FIXED 4.85% 27/NOV/2024 USD	1.00 mm	1.00 mm principal	0.02	Debt	Long	Japan
CREDIT INDUSTRIEL ET COMMERCIAL/NEW YORK CERTIFICATE OF DEPOSIT VARIABLE 11/MAR/2025 USD 100000	1,000.00 k	1.00 mm principal	0.02	Debt	Long	France
Grandblue Environment Co. Ltd., Class A	881.61 k	284.50 k shares	0.02	Common equity	Long	China
S&P/TSX 60 Index	319.27 k	85.00 contracts	0.01	Equity derivative	N/A	Canada
Forward Foreign Currency Contract Citibank	222.18 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Bank of Montreal	219.38 k	1.00 contracts	0.00	DFE	N/A	N/A
Russell 2000 E-Mini Index	145.18 k	92.00 contracts	0.00	Equity derivative	N/A	USA
Forward Foreign Currency Contract JP Morgan Chase Bank	120.62 k	1.00 contracts	0.00	DFE	N/A	N/A
Dongwha Enterprise Co. Ltd.	67.97 k	8.54 k shares	0.00	Common equity	Long	Korea, Republic of
Forward Foreign Currency Contract Morgan Stanley Capital Services	49.54 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Morgan Stanley & Co.	40.28 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract JP Morgan Chase Bank	35.27 k	1.00 contracts	0.00	DFE	N/A	N/A
FTSE/JSE Top 40 Index	32.94 k	21.00 contracts	0.00	Equity derivative	N/A	South Africa
Forward Foreign Currency Contract Bank of Montreal	31.25 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract JP Morgan Chase Bank	13.23 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Goldman Sachs Bank	10.22 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Citibank	8.37 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Morgan Stanley Capital Services	2.89 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Bank of Montreal	2.73 k	1.00 contracts	0.00	DFE	N/A	N/A
MSCI Emerging Markets E-Mini Index	2.19 k	15.00 contracts	0.00	Equity derivative	N/A	USA
Forward Foreign Currency Contract Morgan Stanley & Co.	1.79 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Citibank	424.51	1.00 contracts	0.00	DFE	N/A	N/A
Novatek PJSC	0	1.24 mm shares	0.00	Common equity	Long	Russian Federation
PhosAgro PJSC	0	308.58 k shares	0.00	Common equity	Long	Russian Federation
LUKOIL PJSC	0	269.04 k shares	0.00	Common equity	Long	UK
GMK Norilskiy Nickel PAO	0	1.23 mm shares	0.00	Common equity	Long	UK
Rosneft Oil Co. PJSC	0	2.93 mm shares	0.00	Common equity	Long	Russian Federation
Gazprom PJSC	0	15.94 mm shares	0.00	Common equity	Long	Russian Federation
GMK Norilskiy Nickel PAO	0	4.62 mm shares	0.00	Common equity	Long	Russian Federation
Tatneft PJSC	0	2.02 mm shares	0.00	Common equity	Long	Russian Federation
LUKOIL PJSC	0	214.31 k shares	0.00	Common equity	Long	Russian Federation
Forward Foreign Currency Contract Toronto Dominion Bank	-66.67	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Morgan Stanley Capital Services	-428.81	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract BNP Paribas	-973.39	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract UBS AG	-3.73 k	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Toronto Dominion Bank	-4.92 k	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Citibank	-5.16 k	1.00 contracts	-0.00	DFE	N/A	N/A
SPI 200 Index	-7.04 k	13.00 contracts	-0.00	Equity derivative	N/A	Australia
Forward Foreign Currency Contract BNP Paribas	-14.06 k	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Toronto Dominion Bank	-14.33 k	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Bank of Montreal	-15.23 k	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Morgan Stanley & Co.	-21.36 k	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Toronto Dominion Bank	-24.99 k	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Morgan Stanley & Co.	-26.42 k	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract JP Morgan Chase Bank	-27.12 k	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract JP Morgan Chase Bank	-28.10 k	1.00 contracts	-0.00	DFE	N/A	N/A
Hang Seng Index	-37.78 k	17.00 contracts	-0.00	Equity derivative	N/A	Hong Kong
Forward Foreign Currency Contract Morgan Stanley & Co.	-46.27 k	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract JP Morgan Chase Bank	-46.67 k	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Bank of Montreal	-68.27 k	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Bank of Montreal	-134.02 k	1.00 contracts	-0.00	DFE	N/A	N/A
FTSE 100 Index	-214.00 k	81.00 contracts	-0.00	Equity derivative	N/A	UK
Forward Foreign Currency Contract Bank of Montreal	-216.61 k	1.00 contracts	-0.00	DFE	N/A	N/A