| Fund | Previous Shares | Current Shares ▲▼ | Change in Shares ▲▼ | Previous Portfolio Weightage (%) | Current Portfolio Weightage (%) ▲▼ | Change in Weight (%) ▲▼ | Type |
|---|---|---|---|---|---|---|---|
| Capital World Investors | 59,020,303 | 65,343,279 | +6,322,976 | 0.51 | 0.55 | +0.04 | buy |
| REGENTS OF THE UNIVERSITY OF CALIFORNIA | 2,683,035 | 5,986,137 | +3,303,102 | 47.75 | 66.98 | +19.23 | buy |
| BAILLIE GIFFORD & CO | 3,675,524 | 4,816,082 | +1,140,558 | 0.16 | 0.22 | +0.06 | buy |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 632,467 | 1,530,509 | +898,042 | 0.22 | 0.49 | +0.28 | buy |
| Zurich Insurance Group Ltd/FI | 916,698 | 1,306,303 | +389,605 | 0.43 | 0.55 | +0.13 | buy |
| AGF MANAGEMENT LTD | 1,892,960 | 2,274,117 | +381,157 | 0.54 | 0.63 | +0.09 | buy |
| Partners Group Holding AG | 507,166 | 666,869 | +159,703 | 1.04 | 1.46 | +0.42 | buy |
| AVIVA PLC | 911,197 | 1,059,757 | +148,560 | 0.14 | 0.13 | -0.00 | buy |
| Templeton & Phillips Capital Management, LLC | 4,777 | 134,088 | +129,311 | 0.22 | 5.06 | +4.84 | buy |
| AKRE CAPITAL MANAGEMENT LLC | 18,969,179 | 19,094,021 | +124,842 | 9.43 | 9.62 | +0.20 | buy |
| Alberta Investment Management Corp | 4,334,991 | 4,458,782 | +123,791 | 1.66 | 1.60 | -0.06 | buy |
| Hillsdale Investment Management Inc. | 256,648 | 367,456 | +110,808 | 0.75 | 0.98 | +0.23 | buy |
| DAVIS-REA LTD. | 7,785 | 115,139 | +107,354 | 0.23 | 1.60 | +1.38 | buy |
| AMS Capital Ltda | 96,210 | 190,767 | +94,557 | 2.78 | 4.11 | +1.33 | buy |
| Northwest & Ethical Investments L.P. | 384,364 | 478,532 | +94,168 | 0.60 | 0.68 | +0.08 | buy |
| SCOTIA CAPITAL INC. | 6,857,180 | 6,946,261 | +89,081 | 2.07 | 1.94 | -0.12 | buy |
| Bridgewater Associates, LP | 482,873 | 571,795 | +88,922 | 0.13 | 0.14 | +0.01 | buy |
| PARTNERS CAPITAL INVESTMENT GROUP, LLP | 86,639 | 163,379 | +76,740 | 0.14 | 0.14 | +0.01 | buy |
| Gulf International Bank (UK) Ltd | 2,851 | 78,025 | +75,174 | 0.00 | 0.20 | +0.20 | buy |
| ROYAL LONDON ASSET MANAGEMENT LTD | 715,782 | 790,172 | +74,390 | 0.10 | 0.10 | -0.00 | buy |
| M&G Plc | 1,254,929 | 1,320,956 | +66,027 | 0.44 | 0.33 | -0.11 | buy |
| Capital International Sarl | 175,687 | 237,374 | +61,687 | 0.23 | 0.28 | +0.05 | buy |
| Dixon Mitchell Investment Counsel Inc. | 1,617,414 | 1,673,701 | +56,287 | 4.30 | 3.95 | -0.35 | buy |
| Maestria Partners LLC | 519,019 | 569,019 | +50,000 | 11.82 | 12.60 | +0.79 | buy |
| Scheer, Rowlett & Associates Investment Management Ltd. | 1,511,750 | 1,550,275 | +38,525 | 6.33 | 6.01 | -0.32 | buy |
| Investment Management Corp of Ontario | 55,975 | 91,775 | +35,800 | 0.11 | 0.10 | -0.01 | buy |
| Chicago Partners Investment Group LLC | 256,369 | 290,942 | +34,573 | 0.50 | 0.54 | +0.04 | buy |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 2,494,160 | 2,524,840 | +30,680 | 0.05 | 0.04 | -0.00 | buy |
| CAPITAL INTERNATIONAL LTD /CA/ | 117,431 | 147,727 | +30,296 | 0.28 | 0.34 | +0.06 | buy |
| Eldred Rock Partners, LLC | 270,540 | 298,035 | +27,495 | 5.33 | 4.75 | -0.58 | buy |
| MIRABELLA FINANCIAL SERVICES LLP | 19,374 | 44,590 | +25,216 | 0.10 | 0.10 | -0.01 | buy |
| Mraz, Amerine & Associates, Inc. | 193,527 | 218,284 | +24,757 | 1.98 | 1.94 | -0.04 | buy |
| Heritage Wealth Advisors | 1,071,739 | 1,095,778 | +24,039 | 3.05 | 2.91 | -0.14 | buy |
| MEKETA INVESTMENT GROUP INC /ADV | 19,058 | 42,468 | +23,410 | 2.45 | 3.00 | +0.54 | buy |
| Stamos Capital Partners, L.P. | 35,270 | 57,646 | +22,376 | 0.48 | 0.79 | +0.31 | buy |
| WCM INVESTMENT MANAGEMENT, LLC | 58,988 | 79,795 | +20,807 | 0.01 | 0.01 | +0.00 | buy |
| Manitou Investment Management Ltd. | 33,366 | 54,006 | +20,640 | 0.38 | 0.55 | +0.17 | buy |
| Sage Investment Counsel LLC | 14,088 | 32,583 | +18,495 | 1.05 | 2.16 | +1.11 | buy |
| Emeth Value Capital, LLC | 400,373 | 418,436 | +18,063 | 18.55 | 19.54 | +0.99 | buy |
| GATEWAY INVESTMENT ADVISERS LLC | 102,804 | 120,453 | +17,649 | 0.07 | 0.07 | +0.01 | buy |
| SOL Capital Management CO | 30,566 | 46,551 | +15,985 | 0.20 | 0.27 | +0.07 | buy |
| Blue Zone Wealth Advisors, LLC | 145,497 | 158,486 | +12,989 | 2.41 | 2.31 | -0.10 | buy |
| CAPITAL ADVISORS INC/OK | 774,867 | 787,786 | +12,919 | 0.89 | 0.82 | -0.07 | buy |
| Chemistry Wealth Management LLC | 252,597 | 264,948 | +12,351 | 3.40 | 3.23 | -0.17 | buy |
| Capital International, Inc./CA/ | 52,828 | 65,173 | +12,345 | 0.04 | 0.04 | +0.01 | buy |
| Lingotto Investment Management LLP | 136,104 | 145,645 | +9,541 | 0.21 | 0.20 | -0.01 | buy |
| Marex Group plc | 121,600 | 130,795 | +9,195 | 0.12 | 0.13 | +0.01 | buy |
| CULBERTSON A N & CO INC | 82,201 | 91,011 | +8,810 | 0.75 | 0.76 | +0.01 | buy |
| SCHWARTZ INVESTMENT COUNSEL INC | 336,220 | 344,720 | +8,500 | 0.70 | 0.62 | -0.08 | buy |
| Timber Creek Capital Management LLC | 153,633 | 162,047 | +8,414 | 2.55 | 2.26 | -0.28 | buy |
| Pacifica Partners Inc. | 98,771 | 106,732 | +7,961 | 2.45 | 2.45 | +0.00 | buy |
| Generali Asset Management SPA SGR | 64,603 | 72,039 | +7,436 | 0.14 | 0.13 | -0.00 | buy |
| RITHOLTZ WEALTH MANAGEMENT | 41,532 | 48,924 | +7,392 | 0.07 | 0.08 | +0.01 | buy |
| Tacita Capital Inc | 107,409 | 114,533 | +7,124 | 4.40 | 4.32 | -0.08 | buy |
| Cornerstone Advisory, LLC | 14,830 | 21,905 | +7,075 | 0.10 | 0.14 | +0.04 | buy |
| Malaga Cove Capital, LLC | 3,809 | 10,881 | +7,072 | 0.09 | 0.25 | +0.16 | buy |
| Jackson Hole Capital Partners, LLC | 43,478 | 50,458 | +6,980 | 0.50 | 0.52 | +0.02 | buy |
| Blue Sky Capital Consultants Group, Inc. | 85,807 | 92,600 | +6,793 | 2.96 | 3.17 | +0.21 | buy |
| Gold Investment Management Ltd. | 91,813 | 98,456 | +6,643 | 2.23 | 2.18 | -0.05 | buy |
| Value Partners Investments Inc. | 23,957 | 30,111 | +6,154 | 0.78 | 0.14 | -0.64 | buy |
| LGT CAPITAL PARTNERS LTD. | 724,000 | 730,000 | +6,000 | 1.58 | 1.70 | +0.11 | buy |
| Davidson Kahn Capital Management, LLC | 51,109 | 57,038 | +5,929 | 2.72 | 2.31 | -0.41 | buy |
| Scientech Research LLC | 11,414 | 17,295 | +5,881 | 0.19 | 0.24 | +0.05 | buy |
| Capital Group Investment Management Pte. Ltd. | 28,715 | 34,333 | +5,618 | 0.31 | 0.37 | +0.05 | buy |
| Triangle Securities Wealth Management | 90,137 | 95,604 | +5,467 | 1.33 | 1.29 | -0.04 | buy |
| Vestmark Advisory Solutions, Inc. | 12,035 | 17,501 | +5,466 | 0.02 | 0.02 | -0.00 | buy |
| Hi-Line Capital Management, LLC | 210,778 | 215,470 | +4,692 | 5.30 | 4.22 | -1.07 | buy |
| FIDUCIARY TRUST CO | 35,953 | 40,553 | +4,600 | 0.03 | 0.03 | +0.00 | buy |
| Quinn Opportunity Partners LLC | 62,600 | 66,600 | +4,000 | 0.24 | 0.24 | -0.00 | buy |
| Asset Management Advisors, LLC | 225,273 | 228,963 | +3,690 | 9.43 | 8.17 | -1.25 | buy |
| Fisher Asset Management, LLC | 9,873 | 13,493 | +3,620 | 0.00 | 0.00 | +0.00 | buy |
| SKBA CAPITAL MANAGEMENT LLC | 7,184 | 10,772 | +3,588 | 0.07 | 0.08 | +0.02 | buy |
| Procyon Advisors, LLC | 48,012 | 51,570 | +3,558 | 0.18 | 0.16 | -0.01 | buy |
| Pembroke Management, LTD | 7,339 | 10,717 | +3,378 | 0.08 | 0.12 | +0.04 | buy |
| Bleakley Financial Group, LLC | 20,760 | 23,992 | +3,232 | 0.04 | 0.04 | +0.00 | buy |
| JACKSON HILL ADVISORS, LLC | 530,000 | 533,000 | +3,000 | 15.37 | 15.29 | -0.08 | buy |
| Texas Yale Capital Corp. | 121,015 | 123,967 | +2,952 | 0.28 | 0.27 | -0.01 | buy |
| Obermeyer Wealth Partners | 426,362 | 429,266 | +2,904 | 1.28 | 1.20 | -0.08 | buy |
| Providence Capital Advisors, LLC | 140,334 | 143,168 | +2,834 | 1.64 | 1.56 | -0.08 | buy |
| Smith Salley Wealth Management | 429,698 | 432,462 | +2,764 | 1.59 | 1.49 | -0.10 | buy |
| ICONIQ Capital, LLC | 6,621 | 9,341 | +2,720 | 0.01 | 0.01 | +0.00 | buy |
| Compass Ion Advisors, LLC | 16,653 | 19,203 | +2,550 | 0.11 | 0.10 | -0.00 | buy |
| BRIDGES INVESTMENT MANAGEMENT INC | 25,707 | 28,182 | +2,475 | 0.02 | 0.02 | +0.00 | buy |
| Williams Jones Wealth Management, LLC. | 62,580 | 64,815 | +2,235 | 0.04 | 0.04 | +0.00 | buy |
| Live Oak Private Wealth LLC | 216,156 | 218,388 | +2,232 | 2.09 | 1.85 | -0.23 | buy |
| Guardian Wealth Management, Inc. | 56,344 | 58,573 | +2,229 | 2.21 | 2.05 | -0.16 | buy |
| Ervin Investment Management, LLC | 161,430 | 163,425 | +1,995 | 5.98 | 5.78 | -0.20 | buy |
| Focus Partners Advisor Solutions, LLC | 8,354 | 10,315 | +1,961 | 0.01 | 0.01 | +0.00 | buy |
| Icon Wealth Advisors, LLC | 12,117 | 14,070 | +1,953 | 0.06 | 0.06 | +0.00 | buy |
| Summit Financial, LLC | 27,508 | 29,345 | +1,837 | 0.06 | 0.04 | -0.01 | buy |
| TIAA TRUST, NATIONAL ASSOCIATION | 21,259 | 23,021 | +1,762 | 0.00 | 0.00 | +0.00 | buy |
| Carmel Capital Partners, LLC | 40,605 | 42,352 | +1,747 | 0.94 | 0.87 | -0.07 | buy |
| Portside Wealth Group, LLC | 16,584 | 18,049 | +1,465 | 0.16 | 0.15 | -0.00 | buy |
| TANDEM CAPITAL MANAGEMENT CORP /ADV | 39,569 | 40,939 | +1,370 | 1.22 | 1.20 | -0.02 | buy |
| KING LUTHER CAPITAL MANAGEMENT CORP | 103,302 | 104,661 | +1,359 | 0.03 | 0.03 | -0.00 | buy |
| Accent Capital Management, LLC | 225 | 1,518 | +1,293 | 0.01 | 0.05 | +0.04 | buy |
| Duncan Williams Asset Management, LLC | 13,030 | 14,311 | +1,281 | 0.29 | 0.27 | -0.02 | buy |
| KIRR MARBACH & CO LLC /IN/ | 175,472 | 176,735 | +1,263 | 2.18 | 2.15 | -0.03 | buy |
| Candriam S.C.A. | 14,609 | 15,771 | +1,162 | 0.00 | 0.01 | +0.00 | buy |
| SIMON QUICK ADVISORS, LLC | 7,815 | 8,918 | +1,103 | 0.03 | 0.03 | -0.00 | buy |