FlexShares US Quality Large Cap Index Fund (QLC) Holdings
QLC holdings summary
as of Oct 25, 2026- Holdings
- 156 positions listed
- Top 10 weight
- 35.2% of net assets
- Effective holdings
- 50 equal-weight equivalent
- Largest holding
- NVDA 7.33% NVIDIA Corporation
- Annual turnover
- 19.9% of the portfolio traded
Top 1035.2%
Top 2552.0%
Top 5068.6%
Top 10091.2%
All QLC holdings
156 holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA Corporation | Technology | 7.33% | $83.0M | $5.17T | 27.1 |
| 2 | AAPL | Apple Inc. | Technology | 5.96% | $67.5M | $5.01T | 39.4 |
| 3 | MSFT | Microsoft Corporation | Technology | 4.08% | $46.1M | $3.93T | 29.5 |
| 4 | GOOGL | Alphabet Inc. | Communication Services | 3.90% | $44.1M | $4.17T | 17.1 |
| 5 | GOOG | Alphabet Inc. | Communication Services | 3.31% | $37.5M | $4.12T | 16.9 |
| 6 | AMZN | Amazon.com, Inc. | Consumer Cyclical | 2.55% | $28.8M | $2.70T | 20.1 |
| 7 | AVGO | Broadcom Inc. | Technology | 2.52% | $28.6M | $1.57T | 43.3 |
| 8 | JNJ | Johnson & Johnson | Healthcare | 1.93% | $21.9M | $615.87B | 38.8 |
| 9 | JPM | JPMorgan Chase & Co. | Financial Services | 1.88% | $21.3M | $902.16B | 14.2 |
| 10 | MU | Micron Technology, Inc. | Technology | 1.74% | $19.7M | $994.34B | 11.8 |
| 11 | META | Meta Platforms, Inc. | Communication Services | 1.62% | $18.3M | $1.81T | 26.7 |
| 12 | GS | The Goldman Sachs Group, Inc. | Financial Services | 1.50% | $17.0M | $256.60B | 12.7 |
| 13 | C | Citigroup Inc. | Financial Services | 1.43% | $16.2M | $208.44B | 12.1 |
| 14 | BRK.B | Berkshire Hathaway Inc. | Financial Services | 1.37% | $15.5M | $1.14T | 13.4 |
| 15 | LLY | Eli Lilly and Company | Healthcare | 1.26% | $14.2M | $1.12T | 42.2 |
| 16 | BAC | Bank of America Corporation | Financial Services | 1.21% | $13.7M | $358.24B | 12.2 |
| 17 | GCP | General Electric Company | Other | 1.02% | $11.6M | — | — |
| 18 | MO | Altria Group, Inc. | Consumer Defensive | 0.96% | $10.8M | $125.41B | 15.8 |
| 19 | MPC | Marathon Petroleum Corporation | Energy | 0.95% | $10.7M | $134.25B | 16.6 |
| 20 | LMT | Lockheed Martin Corporation | Industrials | 0.93% | $10.6M | $127.42B | 20.3 |
| 21 | NEM | Newmont Corporation | Basic Materials | 0.93% | $10.5M | $124.97B | 15.0 |
| 22 | BMY | Bristol-Myers Squibb Company | Healthcare | 0.93% | $10.5M | $122.05B | 13.2 |
| 23 | VLO | Valero Energy Corporation | Energy | 0.92% | $10.4M | $128.04B | 18.5 |
| 24 | KLAC | KLA Corporation | Technology | 0.91% | $10.3M | $216.29B | 45.3 |
| 25 | CVS | CVS Health Corporation | Healthcare | 0.85% | $9.6M | $118.13B | 24.3 |
| 26 | DELL | Dell Technologies Inc. | Technology | 0.85% | $9.6M | $287.20B | 26.3 |
| 27 | ADBE | Adobe Inc. | Technology | 0.84% | $9.5M | $95.43B | 13.7 |
| 28 | CSCO | Cisco Systems, Inc. | Technology | 0.82% | $9.3M | $423.39B | 32.2 |
| 29 | AMAT | Applied Materials, Inc. | Technology | 0.81% | $9.2M | $324.81B | 35.3 |
| 30 | BNY | The Bank of New York Mellon Corporation | Financial Services | 0.74% | $8.4M | $97.23B | 15.9 |
| 31 | LRCX | Lam Research Corporation | Technology | 0.74% | $8.4M | $330.30B | 45.8 |
| 32 | DINO | HF Sinclair Corporation | Energy | 0.72% | $8.1M | $22.27B | 11.9 |
| 33 | MS | Morgan Stanley | Financial Services | 0.70% | $7.9M | $283.60B | 14.3 |
| 34 | AMD | Advanced Micro Devices, Inc. | Technology | 0.67% | $7.6M | $863.17B | 134.9 |
| 35 | EBAY | eBay Inc. | Consumer Cyclical | 0.66% | $7.5M | $53.52B | 25.3 |
| 36 | STX | Seagate Technology Holdings plc | Technology | 0.65% | $7.4M | $145.31B | 46.0 |
| 37 | NTAP | NetApp, Inc. | Technology | 0.64% | $7.3M | $40.03B | 28.7 |
| 38 | CNC | Centene Corporation | Healthcare | 0.64% | $7.2M | $34.16B | — |
| 39 | EOG | EOG Resources, Inc. | Energy | 0.63% | $7.1M | $82.88B | 12.3 |
| 40 | AMGN | Amgen Inc. | Healthcare | 0.63% | $7.1M | $233.82B | 26.9 |
| 41 | ED | Consolidated Edison, Inc. | Utilities | 0.63% | $7.1M | $41.52B | 18.2 |
| 42 | BBY | Best Buy Co., Inc. | Consumer Cyclical | 0.62% | $7.1M | $19.43B | 15.4 |
| 43 | TGT | Target Corporation | Consumer Defensive | 0.60% | $6.7M | $70.08B | 16.0 |
| 44 | CAT | Caterpillar Inc. | Industrials | 0.59% | $6.7M | $335.91B | 31.5 |
| 45 | HST | Host Hotels & Resorts, Inc. | Real Estate | 0.58% | $6.6M | $16.65B | 16.2 |
| 46 | GILD | Gilead Sciences, Inc. | Healthcare | 0.57% | $6.5M | $193.67B | — |
| 47 | T | AT&T Inc. | Communication Services | 0.57% | $6.5M | $160.62B | 7.7 |
| 48 | DOW | Dow Inc. | Basic Materials | 0.57% | $6.5M | $21.62B | — |
| 49 | GM | General Motors Company | Consumer Cyclical | 0.57% | $6.4M | $73.67B | 37.7 |
| 50 | CI | Cigna Corporation | Healthcare | 0.56% | $6.4M | $79.88B | 12.5 |
| 51 | EXPD | Expeditors International of Washington, Inc. | Industrials | 0.56% | $6.4M | $25.47B | 28.5 |
| 52 | CF | CF Industries Holdings, Inc. | Basic Materials | 0.56% | $6.3M | $18.29B | 9.0 |
| 53 | KHC | The Kraft Heinz Company | Consumer Defensive | 0.55% | $6.2M | $28.08B | — |
| 54 | SPG | Simon Property Group, Inc. | Real Estate | 0.55% | $6.2M | $77.99B | 14.5 |
| 55 | STT | State Street Corporation | Financial Services | 0.55% | $6.2M | $45.52B | 13.5 |
| 56 | LYB | LyondellBasell Industries N.V. | Basic Materials | 0.54% | $6.1M | $20.68B | — |
| 57 | EXPE | Expedia Group, Inc. | Consumer Cyclical | 0.54% | $6.1M | $34.68B | 18.0 |
| 58 | ITW | Illinois Tool Works Inc. | Industrials | 0.53% | $6.0M | $77.55B | 24.7 |
| 59 | OXY | Occidental Petroleum Corporation | Energy | 0.53% | $6.0M | $62.36B | 17.7 |
| 60 | EXC | Exelon Corporation | Utilities | 0.53% | $6.0M | $44.82B | 16.0 |
| 61 | SYF | Synchrony Financial | Financial Services | 0.52% | $5.9M | $23.97B | 7.5 |
| 62 | QCOM | QUALCOMM Incorporated | Technology | 0.51% | $5.8M | $183.79B | 19.9 |
| 63 | RPRX | Royalty Pharma plc | Healthcare | 0.51% | $5.8M | $35.22B | 32.4 |
| 64 | SWK | Stanley Black & Decker, Inc. | Industrials | 0.50% | $5.7M | $13.97B | 22.6 |
| 65 | AIG | American International Group, Inc. | Financial Services | 0.50% | $5.7M | $42.22B | 14.8 |
| 66 | AMP | Ameriprise Financial, Inc. | Financial Services | 0.50% | $5.7M | $44.24B | 12.1 |
| 67 | F | Ford Motor Company | Consumer Cyclical | 0.50% | $5.7M | $49.57B | — |
| 68 | AFL | Aflac Incorporated | Financial Services | 0.50% | $5.6M | $60.15B | 12.9 |
| 69 | BKNG | Booking Holdings Inc. | Consumer Cyclical | 0.50% | $5.6M | $122.81B | 18.1 |
| 70 | OMC | Omnicom Group Inc. | Communication Services | 0.49% | $5.6M | $22.10B | 212.0 |
| 71 | TROW | T. Rowe Price Group, Inc. | Financial Services | 0.49% | $5.6M | $21.54B | 10.1 |
| 72 | EME | EMCOR Group, Inc. | Industrials | 0.49% | $5.5M | $31.83B | 22.5 |
| 73 | CAH | Cardinal Health, Inc. | Healthcare | 0.48% | $5.5M | $58.83B | 35.1 |
| 74 | BR | Broadridge Financial Solutions, Inc. | Technology | 0.48% | $5.5M | $19.77B | 18.2 |
| 75 | SNDK | Sandisk Corporation | Technology | 0.47% | $5.3M | $187.78B | 17.6 |
| 76 | WDC | Western Digital Corporation | Technology | 0.47% | $5.3M | $124.28B | 12.3 |
| 77 | RMD | ResMed Inc. | Healthcare | 0.46% | $5.3M | $33.61B | 22.9 |
| 78 | PLTR | Palantir Technologies Inc. | Technology | 0.46% | $5.2M | $447.04B | 160.4 |
| 79 | TPR | Tapestry, Inc. | Consumer Cyclical | 0.45% | $5.1M | $23.85B | 16.5 |
| 80 | JAZZ | Jazz Pharmaceuticals plc | Healthcare | 0.45% | $5.1M | $13.65B | 14.4 |
| 81 | JBL | Jabil Inc. | Technology | 0.44% | $5.0M | $29.16B | 28.5 |
| 82 | VICI | VICI Properties Inc. | Real Estate | 0.43% | $4.9M | $25.99B | 9.2 |
| 83 | EIX | Edison International | Utilities | 0.43% | $4.9M | $21.52B | 5.8 |
| 84 | INTU | Intuit Inc. | Technology | 0.41% | $4.7M | $86.89B | 19.8 |
| 85 | KR | The Kroger Co. | Consumer Defensive | 0.39% | $4.4M | $37.58B | 35.4 |
| 86 | MMM | 3M Company | Industrials | 0.39% | $4.4M | $84.97B | 29.3 |
| 87 | NFLX | Netflix, Inc. | Communication Services | 0.38% | $4.3M | $293.68B | 22.2 |
| 88 | ANET | Arista Networks, Inc. | Technology | 0.37% | $4.2M | $223.21B | 55.8 |
| 89 | WSM | Williams-Sonoma, Inc. | Consumer Cyclical | 0.37% | $4.2M | $29.46B | 25.7 |
| 90 | WFC | Wells Fargo & Company | Financial Services | 0.37% | $4.1M | $251.75B | 11.8 |
| 91 | CHRW | C.H. Robinson Worldwide, Inc. | Industrials | 0.36% | $4.1M | $16.27B | 26.6 |
| 92 | ACN | Accenture plc | Technology | 0.36% | $4.0M | $140.55B | 16.9 |
| 93 | FTNT | Fortinet, Inc. | Technology | 0.35% | $4.0M | $124.09B | 59.8 |
| 94 | ZM | Zoom Video Communications, Inc. | Technology | 0.35% | $3.9M | $27.48B | 8.7 |
| 95 | REGN | Regeneron Pharmaceuticals, Inc. | Healthcare | 0.35% | $3.9M | $81.41B | 19.6 |
| 96 | PEG | Public Service Enterprise Group Incorporated | Utilities | 0.34% | $3.9M | $35.63B | 17.8 |
| 97 | MEDP | Medpace Holdings, Inc. | Healthcare | 0.34% | $3.9M | $17.26B | 36.3 |
| 98 | INCY | Incyte Corporation | Healthcare | 0.34% | $3.9M | $22.92B | 14.4 |
| 99 | CMI | Cummins Inc. | Industrials | 0.32% | $3.6M | $73.15B | 27.2 |
| 100 | TSLA | Tesla, Inc. | Consumer Cyclical | 0.32% | $3.6M | $1.40T | 328.4 |
| 101 | DLTR | Dollar Tree, Inc. | Consumer Defensive | 0.31% | $3.5M | $23.30B | 15.1 |
| 102 | LVS | Las Vegas Sands Corp. | Consumer Cyclical | 0.29% | $3.3M | $24.62B | 14.8 |
| 103 | PSX | Phillips 66 | Energy | 0.28% | $3.1M | $116.98B | 16.8 |
| 104 | ULTA | Ulta Beauty, Inc. | Consumer Cyclical | 0.27% | $3.1M | $25.35B | 21.6 |
| 105 | ADP | Automatic Data Processing, Inc. | Technology | 0.27% | $3.1M | $114.48B | 26.4 |
| 106 | EVRG | Evergy, Inc. | Utilities | 0.27% | $3.1M | $19.21B | 21.2 |
| 107 | TSN | Tyson Foods, Inc. | Consumer Defensive | 0.27% | $3.1M | $19.31B | 33.9 |
| 108 | SPOT | Spotify Technology S.A | Communication Services | 0.27% | $3.0M | $109.07B | 30.5 |
| 109 | KMB | Kimberly-Clark Corporation | Consumer Defensive | 0.26% | $2.9M | $35.11B | 20.8 |
| 110 | CL | Colgate-Palmolive Company | Consumer Defensive | 0.25% | $2.8M | $75.02B | 37.1 |
| 111 | PTC | PTC Inc. | Technology | 0.24% | $2.8M | $20.96B | 18.7 |
| 112 | CTSH | Cognizant Technology Solutions Corporation | Technology | 0.23% | $2.6M | $29.74B | 14.2 |
| 113 | FTV | Fortive Corporation | Technology | 0.23% | $2.6M | $17.45B | 30.4 |
| 114 | DD | DuPont de Nemours, Inc. | Basic Materials | 0.23% | $2.6M | $17.61B | 35.1 |
| 115 | THC | Tenet Healthcare Corporation | Healthcare | 0.23% | $2.6M | $21.52B | 10.5 |
| 116 | ABBV | AbbVie Inc. | Healthcare | 0.23% | $2.6M | $504.37B | 80.6 |
| 117 | CMCSA | Comcast Corporation | Communication Services | 0.23% | $2.6M | $77.72B | 7.1 |
| 118 | GEV | GE Vernova Inc. | Industrials | 0.23% | $2.5M | $245.35B | 26.4 |
| 119 | ADM | Archer-Daniels-Midland Company | Consumer Defensive | 0.22% | $2.5M | $39.81B | 22.6 |
| 120 | PYPL | PayPal Holdings, Inc. | Financial Services | 0.21% | $2.3M | $48.50B | 10.7 |
| 121 | CSL | Carlisle Companies Incorporated | Industrials | 0.20% | $2.2M | $13.26B | 19.0 |
| 122 | UPS | United Parcel Service, Inc. | Industrials | 0.20% | $2.2M | $82.93B | 18.1 |
| 123 | ADI | Analog Devices, Inc. | Technology | 0.19% | $2.1M | $191.62B | 47.0 |
| 124 | MAS | Masco Corporation | Industrials | 0.18% | $2.1M | $14.37B | 16.8 |
| 125 | UTHR | United Therapeutics Corporation | Healthcare | 0.18% | $2.0M | $22.87B | 19.1 |
| 126 | FE | FirstEnergy Corp. | Utilities | 0.17% | $1.9M | $26.73B | 24.6 |
| 127 | TWLO | Twilio Inc | Technology | 0.17% | $1.9M | $37.53B | 33.8 |
| 128 | CRM | Salesforce, Inc. | Technology | 0.15% | $1.7M | $198.10B | 22.0 |
| 129 | HD | The Home Depot, Inc. | Consumer Cyclical | 0.14% | $1.6M | $308.91B | 21.5 |
| 130 | DG | Dollar General Corporation | Consumer Defensive | 0.14% | $1.6M | $29.64B | 17.4 |
| 131 | APP | AppLovin Corporation | Communication Services | 0.13% | $1.5M | $89.40B | 20.5 |
| 132 | CHTR | Charter Communications, Inc. | Communication Services | 0.13% | $1.5M | $14.31B | 2.9 |
| 133 | ROP | Roper Technologies, Inc. | Technology | 0.12% | $1.3M | $37.85B | 15.9 |
| 134 | MRK | Merck & Co., Inc. | Healthcare | 0.12% | $1.3M | $360.08B | 115.8 |
| 135 | FIS | Fidelity National Information Services, Inc. | Technology | 0.12% | $1.3M | $18.57B | 5.5 |
| 136 | FFIV | F5, Inc. | Technology | 0.11% | $1.3M | $25.03B | 35.2 |
| 137 | PFE | Pfizer Inc. | Healthcare | 0.10% | $1.2M | $168.60B | 38.9 |
| 138 | PAYX | Paychex, Inc. | Technology | 0.09% | $1.0M | $39.74B | 22.1 |
| 139 | FISV | Fiserv, Inc. | Technology | 0.09% | $973,619.33 | $25.29B | 9.1 |
| 140 | GD | General Dynamics Corporation | Industrials | 0.08% | $894,371.25 | $93.13B | 21.0 |
| 141 | PRU | Prudential Financial, Inc. | Financial Services | 0.06% | $731,346.62 | $39.99B | 10.5 |
| 142 | ABNB | Airbnb, Inc. | Consumer Cyclical | 0.06% | $725,686.04 | $104.01B | 39.6 |
| 143 | HAL | Halliburton Company | Energy | 0.05% | $517,376.79 | $27.91B | 17.6 |
| 144 | PFG | Principal Financial Group, Inc. | Financial Services | 0.04% | $431,336.01 | $23.30B | 15.5 |
| 145 | FICO | Fair Isaac Corporation | Technology | 0.03% | $390,579.85 | $16.66B | 22.3 |
| 146 | SNA | Snap-on Incorporated | Industrials | 0.03% | $358,880.61 | $19.00B | 18.7 |
| 147 | EWBC | East West Bancorp, Inc. | Financial Services | 0.03% | $343,031.00 | $17.38B | 12.2 |
| 148 | JLL | Jones Lang LaSalle Incorporated | Real Estate | 0.03% | $321,520.80 | $14.06B | 14.7 |
| 149 | FOXA | Fox Corporation | Communication Services | 0.03% | $310,199.65 | $27.05B | 16.7 |
| 150 | RGA | Reinsurance Group of America, Incorporated | Financial Services | 0.02% | $277,368.30 | $17.42B | 11.7 |
| 151 | LDOS | Leidos Holdings, Inc. | Technology | 0.02% | $275,104.07 | $15.67B | 11.7 |
| 152 | OHI | Omega Healthcare Investors, Inc. | Real Estate | 0.02% | $272,839.84 | $14.39B | 16.3 |
| 153 | UBER | Uber Technologies, Inc. | Technology | 0.02% | $250,197.53 | $143.69B | 15.4 |
| 154 | KIM | Kimco Realty Corporation | Real Estate | 0.02% | $215,101.95 | $15.37B | 27.0 |
| 155 | LOW | Lowe's Companies, Inc. | Consumer Cyclical | 0.02% | $194,723.87 | $110.74B | 16.7 |
| 156 | WPC | W. P. Carey Inc. | Real Estate | 0.02% | $191,327.52 | $14.84B | 22.3 |
Weights as a percentage of net assets. Value held = weight × net assets ($1.13B). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
QLC sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Technology | 35.3% | 40 | NVDA, AAPL, MSFT |
| Financial Services | 12.6% | 19 | JPM, GS, C |
| Healthcare | 11.2% | 20 | JNJ, LLY, BMY |
| Communication Services | 11.1% | 11 | GOOGL, GOOG, META |
| Consumer Cyclical | 7.9% | 15 | AMZN, EBAY, BBY |
| Industrials | 5.6% | 15 | LMT, CAT, EXPD |
| Energy | 4.1% | 7 | MPC, VLO, DINO |
| Consumer Defensive | 3.9% | 10 | MO, TGT, KHC |
| Basic Materials | 2.8% | 5 | NEM, DOW, CF |
| Utilities | 2.4% | 6 | ED, EXC, EIX |
| Real Estate | 1.7% | 7 | HST, SPG, VICI |
| Other | 1.0% | 1 | GCP |
Sum of the weights of the holdings in each sector.
QLC top industries
Semiconductors
13.0%
Internet Content & Information
9.1%
Consumer Electronics
6.0%
Software - Infrastructure
5.8%
Drug Manufacturers - General
5.8%
Banks - Diversified
5.6%
Internet Retail
3.2%
Oil & Gas Refining & Marketing
2.9%
Computer Hardware
2.8%
Software - Application
2.5%
Semiconductor Equipment & Materials
2.5%
Utilities - Regulated Electric
2.4%
Capital Markets
2.2%
Healthcare Plans
2.1%
Insurance - Diversified
1.9%
QLC overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| LGDX | Intech S&P Large Cap Diversified Alpha ETF | 58.2% | 108 of 292 | — |
| GSLC | Goldman Sachs ActiveBeta U.S. Large Cap… | 54.8% | 135 of 425 | 0.09% |
| DFAL | Dimensional US Large Cap Core Equity Market ETF | 53.4% | 145 of 522 | — |
| SPY | SPDR S&P 500 ETF | 52.7% | 142 of 502 | 0.09% |
| VONE | Vanguard Russell 1000 ETF | 51.8% | 155 of 1,021 | 0.07% |
| VTI | Vanguard Total Stock Market ETF | 51.0% | 154 of 2,941 | 0.03% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the QLC portfolio
FlexShares US Quality Large Cap Index Fund holds 156 positions. The ten largest make up 35.2% of the fund and the top 50 68.6%, so it behaves like a portfolio of about 50 equally weighted stocks. The biggest positions are NVIDIA Corporation (7.33%), Apple Inc. (5.96%), Microsoft Corporation (4.08%), Alphabet Inc. (3.90%), Alphabet Inc. (3.31%).
By sector, Technology is 35.3%, Financial Services is 12.6%, Healthcare is 11.2%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: QLC chart, QLC performance, QLC dividends, QLC valuation, QLC overview.
QLC holdings FAQ
How many holdings does QLC have?
QLC holds 156 positions as of October 25, 2026.
What are the top 10 holdings of QLC?
The ten largest holdings are NVIDIA Corporation (7.33%), Apple Inc. (5.96%), Microsoft Corporation (4.08%), Alphabet Inc. (3.90%), Alphabet Inc. (3.31%), Amazon.com, Inc. (2.55%), Broadcom Inc. (2.52%), Johnson & Johnson (1.93%), JPMorgan Chase & Co. (1.88%), Micron Technology, Inc. (1.74%). Together they are 35.2% of the fund.
What percentage of QLC is NVIDIA Corporation?
NVIDIA Corporation is the largest holding at 7.33% of net assets, about $83.0M of the fund's $1.13B.
Which sector is the largest in QLC?
Technology is the largest sector at 35.3%, followed by Financial Services (12.6%) and Healthcare (11.2%), based on the sectors of the individual holdings.
How concentrated is QLC?
The top 10 holdings are 35.2% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) QLC behaves like a portfolio of about 50 equally weighted stocks.