GUNR Holdings — FlexShares Morningstar Global Upstream Natural Resources Index Fund
Data updated: 2026-09-25
GUNR holds 194 securities. The top 10 make up 36.6% of net assets, led by ExxonMobil Holdings (5.08%) and Corteva (4.93%). Materials (45.0%) and Energy (30.8%) are the largest sectors, and 42.3% of the portfolio is in United States. Debt holdings: 15 positions, 0.4% of assets.
Holdings cover 101.98% of net asset value (99.62% of total assets; remainder is cash and receivables). As of July 31, 2026 · N-PORT.
GUNR Portfolio Holdings
194 holdings of FlexShares Morningstar Global Upstream Natural Resources Index Fund by percentage of net assets, from the fund's SEC N-PORT filing as of July 31, 2026. The 100 largest are listed below; the interactive table on this page lists all 194.
| Holding | Ticker | Sector | % of net assets | Value (USD) |
|---|---|---|---|---|
| ExxonMobil Holdings Corp. | XOM | Energy | 5.08% | $367.84M |
| Corteva, Inc. | CTVA | Materials | 4.93% | $356.82M |
| BHP Group Ltd. | BHPLF | Materials | 4.61% | $333.82M |
| Nutrien Ltd. | NTR | Materials | 4.32% | $313.07M |
| Shell plc | RYDAF | Energy | 3.77% | $272.53M |
| Chevron Corp. | CVX | Energy | 3.72% | $269.44M |
| Archer-Daniels-Midland Co. | ADM | Consumer Staples | 3.23% | $233.72M |
| TotalEnergies SE | TTE | Energy | 2.78% | $201.25M |
| Rio Tinto plc | RTPPF | Materials | 2.26% | $163.72M |
| Newmont Corp. | NEM | Materials | 1.85% | $134.25M |
| CF Industries Holdings, Inc. | CF | Materials | 1.77% | $128.35M |
| Agnico Eagle Mines Ltd. | AEM | Materials | 1.71% | $123.82M |
| BP plc | BPAQF | Energy | 1.68% | $121.79M |
| Tyson Foods, Inc., Class A | TSN | Consumer Staples | 1.57% | $113.71M |
| Freeport-McMoRan, Inc. | FCX | Materials | 1.55% | $112.11M |
| ConocoPhillips | COP | Energy | 1.49% | $108.17M |
| Canadian Natural Resources Ltd. | CNQ | Energy | 1.46% | $105.66M |
| Glencore plc | GLCNF | Materials | 1.39% | $100.33M |
| Muyuan Foods Group Co. Ltd., Class A | — | Consumer Staples | 1.38% | $99.94M |
| Barrick Mining Corp. | B | Materials | 1.37% | $99.49M |
| Mowi ASA | — | Consumer Staples | 1.35% | $97.49M |
| Bunge Global SA | BG | Consumer Staples | 1.26% | $90.96M |
| American Water Works Co., Inc. | AWK | Utilities | 1.22% | $88.11M |
| Vale SA | — | Materials | 1.21% | $87.37M |
| Industries Qatar QSC | — | Industrials | 1.20% | $86.69M |
| Suncor Energy, Inc. | SU | Energy | 1.20% | $86.65M |
| Wheaton Precious Metals Corp. | WPM | Materials | 1.19% | $86.44M |
| Yara International ASA | YRAIF | Information Technology | 1.09% | $78.83M |
| Anglo American plc | — | Materials | 1.08% | $78.23M |
| SABIC Agri-Nutrients Co. | — | Materials | 1.05% | $75.81M |
| UPM-Kymmene OYJ | — | Materials | 0.93% | $67.56M |
| Franco-Nevada Corp. | FNV | Materials | 0.91% | $65.98M |
| United Utilities Group plc | — | Utilities | 0.90% | $65.50M |
| Qinghai Salt Lake Industry Co. Ltd., Class A | — | Materials | 0.90% | $65.07M |
| Weyerhaeuser Co. | WY | Real Estate | 0.86% | $62.01M |
| Cia de Saneamento Basico do Estado de Sao Paulo SABESP | — | Utilities | 0.86% | $61.94M |
| Grupo Mexico SAB de CV, Series B | — | Materials | 0.82% | $59.71M |
| EOG Resources, Inc. | EOG | Energy | 0.80% | $57.68M |
| Cameco Corp. | CCO | Energy | 0.80% | $57.59M |
| Eni SpA | EIPAF | Energy | 0.76% | $54.66M |
| Severn Trent plc | — | Utilities | 0.69% | $50.19M |
| Woodside Energy Group Ltd. | WOPEF | Energy | 0.68% | $49.06M |
| Treasury Repurchase Agreement | — | Unknown | 0.68% | $49.00M |
| Mosaic Co. (The) | MOS | Materials | 0.68% | $48.91M |
| Zijin Mining Group Co. Ltd., Class A | — | Materials | 0.67% | $48.71M |
| Kinross Gold Corp. | KGC | Materials | 0.67% | $48.65M |
| Gold Fields Ltd. | GFIOF | Materials | 0.66% | $47.90M |
| Saudi Arabian Oil Co. | — | Energy | 0.64% | $46.36M |
| Petroleo Brasileiro SA - Petrobras (Preference) | — | Energy | 0.62% | $44.99M |
| Teck Resources Ltd., Class B | TECK | Materials | 0.61% | $44.49M |
| Cenovus Energy, Inc. | CVE | Energy | 0.59% | $43.00M |
| Salmar ASA | — | Consumer Staples | 0.58% | $42.32M |
| ICL Group Ltd. | ICL | Materials | 0.56% | $40.45M |
| Essential Utilities, Inc. | WTRG | Utilities | 0.55% | $39.53M |
| UPL Ltd. | — | Materials | 0.51% | $37.07M |
| Devon Energy Corp. | DVN | Energy | 0.50% | $36.27M |
| Repsol SA | — | Energy | 0.50% | $35.91M |
| Valterra Platinum Ltd. | — | Materials | 0.48% | $35.08M |
| Fortescue Ltd. | — | Materials | 0.47% | $34.22M |
| Equinor ASA | STOHF | Energy | 0.47% | $33.98M |
| Saudi Arabian Mining Co. | — | Materials | 0.45% | $32.78M |
| Pan American Silver Corp. | PAAS | Materials | 0.44% | $31.60M |
| Occidental Petroleum Corp. | OXY | Energy | 0.43% | $31.31M |
| K+S AG (Registered) | — | Materials | 0.42% | $30.40M |
| First Quantum Minerals Ltd. | — | Materials | 0.41% | $30.01M |
| Treasury Repurchase Agreement | — | Unknown | 0.41% | $30.00M |
| PetroChina Co. Ltd., Class H | PCCYF | Energy | 0.41% | $29.94M |
| PI Industries Ltd. | — | Materials | 0.41% | $29.56M |
| Suzano SA | — | Materials | 0.39% | $28.35M |
| Northern Star Resources Ltd. | — | Materials | 0.39% | $28.12M |
| Simpson Manufacturing Co., Inc. | SSD | Industrials | 0.39% | $28.09M |
| Lundin Mining Corp. | — | Materials | 0.38% | $27.63M |
| Diamondback Energy, Inc. | FANG | Energy | 0.38% | $27.56M |
| Svenska Cellulosa AB SCA, Class B | — | Consumer Staples | 0.37% | $26.60M |
| Antofagasta plc | — | Materials | 0.37% | $26.58M |
| EQT Corp. | EQT | Energy | 0.36% | $26.14M |
| Mondi plc | — | Materials | 0.35% | $25.65M |
| Bakkafrost P/F | — | Consumer Staples | 0.35% | $25.52M |
| Orlen SA | — | Energy | 0.35% | $25.31M |
| Evolution Mining Ltd. | — | Materials | 0.35% | $25.29M |
| Cal-Maine Foods, Inc. | CALM | Consumer Staples | 0.34% | $24.57M |
| Yunnan Yuntianhua Co. Ltd., Class A | — | Materials | 0.34% | $24.53M |
| Southern Copper Corp. | SCCO | Materials | 0.34% | $24.30M |
| Rayonier, Inc. | RYN | Real Estate | 0.32% | $23.24M |
| Oji Holdings Corp. | — | Materials | 0.32% | $22.97M |
| Treasury Repurchase Agreement | — | Unknown | 0.31% | $22.46M |
| Inpex Corp. | — | Energy | 0.30% | $22.00M |
| Royal Gold, Inc. | RGLD | Financials | 0.30% | $21.99M |
| United Plantations Bhd. | — | Consumer Staples | 0.30% | $21.56M |
| Coeur Mining, Inc. | CDE | Materials | 0.30% | $21.53M |
| Imperial Oil Ltd. | IMO | Energy | 0.28% | $20.46M |
| Charoen Pokphand Foods PCL | — | Consumer Staples | 0.27% | $19.60M |
| Asia - Potash International Investment Guangzhou Co. Ltd., Class A | — | Materials | 0.26% | $19.17M |
| Santos Ltd. | — | Energy | 0.26% | $19.06M |
| Texas Pacific Land Corp. | TPL | Energy | 0.25% | $17.85M |
| Tourmaline Oil Corp. | — | Energy | 0.24% | $17.73M |
| Expand Energy Corp. | EXE | Energy | 0.24% | $17.72M |
| Charoen Pokphand Indonesia Tbk. PT | — | Consumer Staples | 0.23% | $16.97M |
| Klabin SA | — | Materials | 0.23% | $16.92M |
| West Fraser Timber Co. Ltd. | WFG | Consumer Discretionary | 0.23% | $16.86M |
GUNR Sector Allocation
FlexShares Morningstar Global Upstream Natural Resources Index Fund holdings grouped by sector, by share of the portfolio's market value.
| Sector | Weight | Holdings |
|---|---|---|
| Materials | 45.0% | 50 |
| Energy | 30.8% | 37 |
| Consumer Staples | 11.9% | 17 |
| Utilities | 5.0% | 13 |
| Industrials | 1.7% | 4 |
| Information Technology | 1.2% | 2 |
| Real Estate | 1.2% | 3 |
| Consumer Discretionary | 0.5% | 2 |
| Corporate Bonds | 0.4% | 14 |
| Financials | 0.3% | 1 |
| Cash & Currency | 0.2% | 26 |
| Funds & ETFs | 0.1% | 4 |
| Index | 0.0% | 2 |
| Unknown | 1.8% | 19 |
GUNR Country Allocation
Where FlexShares Morningstar Global Upstream Natural Resources Index Fund's holdings are domiciled, by percentage of net assets (largest 15).
| Country | % of net assets |
|---|---|
| United States | 42.3% |
| Canada | 15.5% |
| Australia | 10.5% |
| Brazil | 5.8% |
| China | 4.9% |
| France | 2.8% |
| Norway | 2.4% |
| South Africa | 2.2% |
| Saudi Arabia | 2.2% |
| United Kingdom | 1.8% |
| Qatar | 1.2% |
| Mexico | 1.2% |
| Finland | 1.0% |
| India | 0.9% |
| Chile | 0.8% |
GUNR Portfolio Allocation
Asset-class allocation of FlexShares Morningstar Global Upstream Natural Resources Index Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.5% |
| Cash & Equivalents | 2.1% |
| Fixed Income | 0.4% |
GUNR Debt Constituents
Largest debt holdings of FlexShares Morningstar Global Upstream Natural Resources Index Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Royal Bank of Canada Ny | 0.04% |
| Sumitomo Mitsui Banking Corp. Ny | 0.04% |
| Bank of Montreal Chicago | 0.04% |
| Bank of Montreal Chicago | 0.03% |
| Toronto Dominion Ny | 0.03% |
| Bank of Montreal Chicago | 0.03% |
| Nordea Bank Abp, New York Branch | 0.03% |
| Bank of Montreal Chicago | 0.03% |
| Westpac Bkg Corp, New York | 0.03% |
| Bnp Paribas, Ny | 0.03% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.