| Fund | Previous Shares | Current Shares ▲▼ | Change in Shares ▲▼ | Previous Portfolio Weightage (%) | Current Portfolio Weightage (%) ▲▼ | Change in Weight (%) ▲▼ | Type |
|---|---|---|---|---|---|---|---|
| BlackRock, Inc. | 710,606 | 697,836 | -12,770 | 0.02 | 0.02 | -0.00 | sell |
| DAVIS SELECTED ADVISERS | 383,433 | 406,759 | +23,326 | 3.37 | 3.41 | +0.04 | buy |
| MORGAN STANLEY | 357,087 | 350,660 | -6,427 | 0.04 | 0.04 | -0.00 | sell |
| Select Equity Group, L.P. | 377,643 | 331,679 | -45,964 | 3.85 | 3.43 | -0.42 | sell |
| STATE STREET CORP | 306,990 | 312,169 | +5,179 | 0.02 | 0.02 | -0.00 | buy |
| PRINCIPAL FINANCIAL GROUP INC | 401,876 | 307,791 | -94,085 | 0.41 | 0.30 | -0.12 | sell |
| Boston Partners | 250,972 | 307,500 | +56,528 | 0.50 | 0.53 | +0.03 | buy |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. | 226,148 | 230,637 | +4,489 | 3.80 | 3.44 | -0.35 | buy |
| GEODE CAPITAL MANAGEMENT, LLC | 221,693 | 214,799 | -6,894 | 0.03 | 0.02 | -0.00 | sell |
| DAVENPORT & Co LLC | 207,172 | 206,399 | -773 | 2.19 | 2.06 | -0.14 | sell |
| BAILLIE GIFFORD & CO | 175,068 | 157,923 | -17,145 | 0.34 | 0.28 | -0.06 | sell |
| NORGES BANK | 0 | 145,542 | +145,542 | 0.00 | 0.03 | +0.03 | buy |
| DIMENSIONAL FUND ADVISORS LP | 136,985 | 139,067 | +2,082 | 0.05 | 0.05 | -0.01 | buy |
| BANK OF AMERICA CORP /DE/ | 136,084 | 118,590 | -17,494 | 0.02 | 0.01 | -0.00 | sell |
| Madison Avenue Partners, LP | 87,889 | 112,325 | +24,436 | 7.32 | 9.44 | +2.13 | buy |
| WELLINGTON MANAGEMENT GROUP LLP | 106,673 | 102,408 | -4,265 | 0.04 | 0.03 | -0.00 | sell |
| Bank Julius Baer & Co. Ltd, Zurich | 97,383 | 92,601 | -4,782 | 0.56 | 0.47 | -0.09 | sell |
| Davis Asset Management, L.P. | 70,631 | 92,105 | +21,474 | 3.91 | 4.56 | +0.64 | buy |
| GOLDMAN SACHS GROUP INC | 49,258 | 88,210 | +38,952 | 0.01 | 0.02 | +0.01 | buy |
| FENIMORE ASSET MANAGEMENT INC | 86,606 | 87,260 | +654 | 3.70 | 3.53 | -0.17 | buy |
| NORTHERN TRUST CORP | 85,656 | 84,026 | -1,630 | 0.02 | 0.02 | -0.00 | sell |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | 79,800 | 81,945 | +2,145 | 0.84 | 0.80 | -0.04 | buy |
| Douglass Winthrop Advisors, LLC | 80,498 | 80,373 | -125 | 2.82 | 2.71 | -0.11 | sell |
| CHECK CAPITAL MANAGEMENT INC/CA | 76,886 | 79,209 | +2,323 | 9.07 | 8.75 | -0.33 | buy |
| Polar Capital Holdings Plc | 80,000 | 78,250 | -1,750 | 0.67 | 0.43 | -0.24 | sell |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 77,785 | 77,952 | +167 | 0.03 | 0.03 | -0.00 | buy |
| Sixth Street Partners Management Company, L.P. | 0 | 77,580 | +77,580 | 0.00 | 0.02 | +0.02 | buy |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 70,574 | 77,580 | +7,006 | 0.02 | 0.02 | -0.00 | buy |
| BARR E S & CO | 77,222 | 77,051 | -171 | 8.60 | 8.44 | -0.16 | sell |
| JANA Partners Management, LP | 75,307 | 76,743 | +1,436 | 8.64 | 7.88 | -0.77 | buy |
| JENNISON ASSOCIATES LLC | 71,444 | 74,748 | +3,304 | 0.09 | 0.09 | -0.01 | buy |
| JANE STREET GROUP, LLC | 34,881 | 65,269 | +30,388 | 0.07 | 0.08 | +0.01 | buy |
| RAYMOND JAMES FINANCIAL INC | 67,890 | 64,967 | -2,923 | 0.04 | 0.03 | -0.01 | sell |
| Graham Holdings Co | 55,430 | 63,793 | +8,363 | 10.97 | 11.50 | +0.53 | buy |
| Legal & General Group Plc | 70,695 | 62,580 | -8,115 | 0.03 | 0.03 | -0.01 | sell |
| Troy Asset Management Ltd | 0 | 61,509 | +61,509 | 0.00 | 3.35 | +3.35 | buy |
| HighTower Advisors, LLC | 62,653 | 61,151 | -1,502 | 0.13 | 0.11 | -0.01 | sell |
| SCHARF INVESTMENTS, LLC | 61,142 | 60,564 | -578 | 3.61 | 3.91 | +0.30 | sell |
| WELLS FARGO & COMPANY/MN | 59,123 | 59,018 | -105 | 0.02 | 0.02 | -0.00 | sell |
| Graham Holdings Co Master Retirement Trust | 58,008 | 58,008 | 0 | 15.72 | 15.43 | -0.29 | hold |
| Quilter Plc | 38,670 | 45,895 | +7,225 | 1.30 | 1.35 | +0.05 | buy |
| STEGINSKY CAPITAL LLC | 42,864 | 45,406 | +2,542 | 13.56 | 13.31 | -0.25 | buy |
| UBS Group AG | 52,739 | 44,268 | -8,471 | 0.02 | 0.01 | -0.00 | sell |
| AVENIR CORP | 45,832 | 44,214 | -1,618 | 10.69 | 10.52 | -0.17 | sell |
| ROYAL BANK OF CANADA | 42,729 | 38,673 | -4,056 | 0.02 | 0.01 | -0.00 | sell |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 11,475 | 36,891 | +25,416 | 0.01 | 0.03 | +0.02 | buy |
| AQR CAPITAL MANAGEMENT LLC | 13,094 | 36,330 | +23,236 | 0.01 | 0.02 | +0.01 | buy |
| Swiss National Bank | 37,000 | 35,380 | -1,620 | 0.04 | 0.04 | -0.00 | sell |
| Neuberger Berman Group LLC | 491 | 35,163 | +34,672 | 0.00 | 0.05 | +0.05 | buy |
| Bank of New York Mellon Corp | 36,490 | 34,844 | -1,646 | 0.01 | 0.01 | -0.00 | sell |
| HSBC HOLDINGS PLC | 28,697 | 33,966 | +5,269 | 0.03 | 0.03 | -0.00 | buy |
| THOMPSON SIEGEL & WALMSLEY LLC | 34,941 | 33,676 | -1,265 | 1.18 | 1.19 | +0.00 | sell |
| Qube Research & Technologies Ltd | 71,709 | 33,395 | -38,314 | 0.19 | 0.07 | -0.12 | sell |
| Giverny Capital Inc. | 42,944 | 30,877 | -12,067 | 3.01 | 2.03 | -0.98 | sell |
| ENVESTNET ASSET MANAGEMENT INC | 37,673 | 29,808 | -7,865 | 0.02 | 0.01 | -0.01 | sell |
| MILLENNIUM MANAGEMENT LLC | 15,059 | 29,726 | +14,667 | 0.02 | 0.04 | +0.02 | buy |
| DEUTSCHE BANK AG\ | 26,079 | 28,861 | +2,782 | 0.02 | 0.02 | -0.00 | buy |
| COOKE & BIELER LP | 21,707 | 28,672 | +6,965 | 0.47 | 0.65 | +0.18 | buy |
| Sather Financial Group Inc | 27,537 | 27,914 | +377 | 3.24 | 3.13 | -0.11 | buy |
| Woodline Partners LP | 492 | 26,999 | +26,507 | 0.00 | 0.16 | +0.16 | buy |
| CAPTRUST FINANCIAL ADVISORS | 25,753 | 26,522 | +769 | 0.09 | 0.08 | -0.01 | buy |
| Amundi | 26,716 | 26,234 | -482 | 0.01 | 0.01 | -0.00 | sell |
| Sumitomo Mitsui Trust Group, Inc. | 27,526 | 25,671 | -1,855 | 0.03 | 0.03 | -0.01 | sell |
| Greenbrier Partners Capital Management, LLC | 25,616 | 25,531 | -85 | 3.78 | 3.74 | -0.04 | sell |
| Capco Asset Management, LLC | 25,839 | 25,322 | -517 | 13.49 | 13.52 | +0.03 | sell |
| RENAISSANCE TECHNOLOGIES LLC | 34,621 | 25,301 | -9,320 | 0.10 | 0.07 | -0.04 | sell |
| DF DENT & CO INC | 26,536 | 24,038 | -2,498 | 0.97 | 0.89 | -0.08 | sell |
| ANCHOR CAPITAL ADVISORS LLC | 32,435 | 22,827 | -9,608 | 1.77 | 1.25 | -0.51 | sell |
| Epoch Investment Partners, Inc. | 58,290 | 22,273 | -36,017 | 0.68 | 0.25 | -0.43 | sell |
| Invesco Ltd. | 23,156 | 20,951 | -2,205 | 0.01 | 0.00 | -0.00 | sell |
| Russell Investments Group, Ltd. | 19,781 | 20,943 | +1,162 | 0.04 | 0.04 | -0.00 | buy |
| COUNTRY TRUST BANK | 20,561 | 20,926 | +365 | 0.75 | 0.72 | -0.03 | buy |
| Broad Run Investment Management, LLC | 20,709 | 20,578 | -131 | 6.98 | 6.19 | -0.79 | sell |
| Marathon Asset Management Ltd | 24,901 | 20,414 | -4,487 | 1.83 | 1.62 | -0.21 | sell |
| GREENLEA LANE CAPITAL MANAGEMENT, LLC | 22,555 | 20,305 | -2,250 | 12.54 | 10.89 | -1.65 | sell |
| Lafayette Investments, Inc. | 19,901 | 19,924 | +23 | 7.71 | 7.17 | -0.54 | buy |
| BECK MACK & OLIVER LLC | 19,611 | 19,891 | +280 | 0.77 | 0.76 | -0.02 | buy |
| Squarepoint Ops LLC | 8,017 | 19,632 | +11,615 | 0.03 | 0.07 | +0.04 | buy |
| Mraz, Amerine & Associates, Inc. | 19,137 | 19,610 | +473 | 5.40 | 5.49 | +0.09 | buy |
| Tidal Investments LLC | 14,983 | 19,585 | +4,602 | 0.09 | 0.09 | +0.00 | buy |
| TD ASSET MANAGEMENT INC | 49,086 | 19,015 | -30,071 | 0.08 | 0.03 | -0.04 | sell |
| Nuveen, LLC | 18,014 | 18,375 | +361 | 0.01 | 0.01 | -0.00 | buy |
| CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM | 30,920 | 18,274 | -12,646 | 0.04 | 0.02 | -0.02 | sell |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 18,099 | 18,035 | -64 | 0.04 | 0.03 | -0.00 | sell |
| Lincoln Capital LLC | 18,181 | 17,862 | -319 | 6.59 | 6.21 | -0.39 | sell |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 9,067 | 16,599 | +7,532 | 0.02 | 0.03 | +0.01 | buy |
| FIRST TRUST ADVISORS LP | 12,131 | 16,558 | +4,427 | 0.02 | 0.02 | +0.00 | buy |
| FRANKLIN RESOURCES INC | 16,181 | 15,940 | -241 | 0.01 | 0.01 | -0.00 | sell |
| PINNACLE ASSOCIATES LTD | 17,948 | 15,466 | -2,482 | 0.44 | 0.33 | -0.11 | sell |
| Citadel Investment Advisory, Inc. | 15,242 | 15,242 | 0 | 13.92 | 13.52 | -0.41 | hold |
| Gotham Asset Management, LLC | 9,171 | 15,153 | +5,982 | 0.05 | 0.07 | +0.02 | buy |
| Mitsubishi UFJ Asset Management Co., Ltd. | 13,085 | 14,557 | +1,472 | 0.02 | 0.02 | -0.00 | buy |
| RHUMBLINE ADVISERS | 14,975 | 14,512 | -463 | 0.02 | 0.02 | -0.00 | sell |
| JPMORGAN CHASE & CO | 17,773 | 14,326 | -3,447 | 0.00 | 0.00 | -0.00 | sell |
| Global Frontier Investments LLC | 14,300 | 14,300 | 0 | 3.74 | 4.81 | +1.07 | hold |
| Poehling Capital Management, INC. | 13,433 | 13,657 | +224 | 5.41 | 5.72 | +0.31 | buy |
| BARCLAYS PLC | 14,185 | 13,320 | -865 | 0.01 | 0.01 | -0.00 | sell |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | 11,298 | 13,118 | +1,820 | 0.04 | 0.04 | +0.00 | buy |
| APG Asset Management N.V. | 10,857 | 12,526 | +1,669 | 0.06 | 0.05 | -0.00 | buy |
| PRICE T ROWE ASSOCIATES INC /MD/ | 11,755 | 12,498 | +743 | 0.00 | 0.00 | -0.00 | buy |