| Fund | Previous Shares | Current Shares ▲▼ | Change in Shares ▲▼ | Previous Portfolio Weightage (%) | Current Portfolio Weightage (%) ▲▼ | Change in Weight (%) ▲▼ | Type |
|---|---|---|---|---|---|---|---|
| Beutel, Goodman & Co Ltd. | 601,308 | 813,030 | +211,722 | 1.01 | 1.25 | +0.24 | buy |
| OMERS ADMINISTRATION Corp | 13,355 | 124,740 | +111,385 | 0.02 | 0.16 | +0.13 | buy |
| CIDEL ASSET MANAGEMENT INC | 2,502 | 78,265 | +75,763 | 0.03 | 0.79 | +0.75 | buy |
| Korea Investment CORP | 21,495 | 96,127 | +74,632 | 0.01 | 0.04 | +0.03 | buy |
| Annex Advisory Services, LLC | 94,173 | 160,605 | +66,432 | 0.44 | 0.57 | +0.14 | buy |
| MARKEL GROUP INC. | 708,500 | 773,500 | +65,000 | 1.47 | 1.23 | -0.24 | buy |
| COHEN & STEERS, INC. | 48,851 | 105,279 | +56,428 | 0.02 | 0.03 | +0.01 | buy |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 2,702 | 49,162 | +46,460 | 0.01 | 0.07 | +0.07 | buy |
| GROUPAMA ASSET MANAGMENT | 234,241 | 275,234 | +40,993 | 0.85 | 0.72 | -0.13 | buy |
| Oxbow Advisors, LLC | 35,325 | 69,566 | +34,241 | 0.74 | 1.18 | +0.44 | buy |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 382,221 | 403,806 | +21,585 | 0.56 | 0.53 | -0.03 | buy |
| HORIZON KINETICS ASSET MANAGEMENT LLC | 757,297 | 773,418 | +16,121 | 2.03 | 1.83 | -0.20 | buy |
| Scheer, Rowlett & Associates Investment Management Ltd. | 160,054 | 171,766 | +11,712 | 2.85 | 2.57 | -0.28 | buy |
| Chevy Chase Trust Holdings, LLC | 530,106 | 541,560 | +11,454 | 0.38 | 0.29 | -0.09 | buy |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | 49,223 | 60,656 | +11,433 | 0.09 | 0.08 | -0.01 | buy |
| BRADLEY FOSTER & SARGENT INC/CT | 62,693 | 70,714 | +8,021 | 0.24 | 0.21 | -0.03 | buy |
| BAILLIE GIFFORD & CO | 23,718 | 29,148 | +5,430 | 0.01 | 0.01 | -0.00 | buy |
| Quantitative Investment Management, LLC | 1,211 | 6,641 | +5,430 | 0.03 | 0.15 | +0.12 | buy |
| ABN AMRO INVESTMENT SOLUTIONS | 8,690 | 13,381 | +4,691 | 0.03 | 0.02 | -0.00 | buy |
| EDMOND DE ROTHSCHILD HOLDING S.A. | 21,810 | 26,425 | +4,615 | 0.08 | 0.07 | -0.01 | buy |
| USS Investment Management Ltd | 38,997 | 42,667 | +3,670 | 0.04 | 0.03 | -0.01 | buy |
| Cannell & Spears LLC | 177,941 | 180,724 | +2,783 | 0.86 | 0.67 | -0.19 | buy |
| AVIVA PLC | 166,146 | 168,005 | +1,859 | 0.07 | 0.05 | -0.02 | buy |
| St. James Investment Company, LLC | 214,209 | 215,769 | +1,560 | 8.29 | 7.14 | -1.15 | buy |
| Intellus Advisors LLC | 45,975 | 47,116 | +1,141 | 1.55 | 1.19 | -0.36 | buy |
| PKO Investment Management Joint-Stock Co | 70,516 | 71,576 | +1,060 | 1.47 | 1.08 | -0.39 | buy |
| Select Equity Group, L.P. | 415,524 | 416,544 | +1,020 | 0.53 | 0.43 | -0.10 | buy |
| Fortune Financial Advisors, LLC | 6,754 | 7,598 | +844 | 0.85 | 0.68 | -0.17 | buy |
| IRONWOOD INVESTMENT MANAGEMENT LLC | 9,302 | 10,018 | +716 | 0.96 | 0.72 | -0.24 | buy |
| EagleClaw Capital Managment, LLC | 47,214 | 47,679 | +465 | 1.63 | 1.33 | -0.30 | buy |
| Fullerton Fund Management Co Ltd. | 2,200 | 2,600 | +400 | 0.04 | 0.03 | -0.01 | buy |
| Obermeyer Wealth Partners | 1,015 | 1,330 | +315 | 0.01 | 0.01 | -0.00 | buy |
| CONFLUENCE INVESTMENT MANAGEMENT LLC | 5,863 | 6,167 | +304 | 0.02 | 0.02 | -0.00 | buy |
| TECTONIC ADVISORS LLC | 6,561 | 6,830 | +269 | 0.09 | 0.07 | -0.02 | buy |
| Abacus Planning Group, Inc. | 7,938 | 8,153 | +215 | 0.26 | 0.21 | -0.05 | buy |
| TOBAM | 260 | 463 | +203 | 0.02 | 0.03 | +0.01 | buy |
| Berkeley Capital Partners, LLC | 10,009 | 10,210 | +201 | 0.57 | 0.44 | -0.14 | buy |
| Salvus Wealth Management, LLC | 5,310 | 5,470 | +160 | 0.76 | 0.64 | -0.12 | buy |
| CHILTON CAPITAL MANAGEMENT LLC | 1,580 | 1,680 | +100 | 0.01 | 0.01 | -0.00 | buy |
| Linden Thomas Advisory Services, LLC | 976 | 1,073 | +97 | 0.02 | 0.02 | -0.01 | buy |
| Veracity Capital LLC | 2,578 | 2,673 | +95 | 0.23 | 0.15 | -0.08 | buy |
| CIGNA INVESTMENTS INC /NEW | 3,390 | 3,480 | +90 | 0.13 | 0.09 | -0.04 | buy |
| Blossom Wealth Management | 2,626 | 2,703 | +77 | 0.96 | 0.79 | -0.17 | buy |
| Fermata Advisors, LLC | 952 | 1,020 | +68 | 0.05 | 0.04 | -0.01 | buy |
| J.Safra Asset Management Corp | 1,799 | 1,853 | +54 | 0.02 | 0.02 | -0.01 | buy |
| MOODY NATIONAL BANK TRUST DIVISION | 1,141 | 1,171 | +30 | 0.03 | 0.02 | -0.01 | buy |
| Intellectus Partners, LLC | 2,968 | 2,970 | +2 | 0.15 | 0.11 | -0.04 | buy |
| GREENLEAF TRUST | 1,278 | 1,279 | +1 | 0.00 | 0.00 | -0.00 | buy |
| Kercheville Advisors, LLC | 1,831 | 1,832 | +1 | 0.14 | 0.12 | -0.03 | buy |
| HAGER INVESTMENT MANAGEMENT SERVICES, LLC | 20 | 15 | -5 | 0.00 | 0.00 | -0.00 | sell |
| Atlantic Edge Private Wealth Management, LLC | 65 | 45 | -20 | 0.00 | 0.00 | -0.00 | sell |
| Tradewinds Capital Management, LLC | 35 | 15 | -20 | 0.00 | 0.00 | -0.00 | sell |
| Clear Harbor Asset Management, LLC | 11,331 | 11,287 | -44 | 0.19 | 0.15 | -0.05 | sell |
| Cypress Wealth Services, LLC | 1,243 | 1,185 | -58 | 0.04 | 0.03 | -0.01 | sell |
| FLAGSHIP HARBOR ADVISORS, LLC | 2,225 | 2,158 | -67 | 0.02 | 0.02 | -0.01 | sell |
| Pacifica Partners Inc. | 696 | 629 | -67 | 0.06 | 0.04 | -0.02 | sell |
| New Harbor Financial Group, LLC | 1,896 | 1,827 | -69 | 0.08 | 0.06 | -0.02 | sell |
| Tempus Wealth Planning, LLC | 1,065 | 985 | -80 | 0.06 | 0.04 | -0.02 | sell |
| Essex Financial Services, Inc. | 3,311 | 3,222 | -89 | 0.05 | 0.03 | -0.01 | sell |
| Fruth Investment Management | 6,200 | 6,090 | -110 | 0.38 | 0.30 | -0.08 | sell |
| BARD ASSOCIATES INC | 9,593 | 9,455 | -138 | 0.59 | 0.44 | -0.16 | sell |
| Clark Capital Management Group, Inc. | 2,358 | 2,174 | -184 | 0.00 | 0.00 | -0.00 | sell |
| Mayflower Financial Advisors, LLC | 5,898 | 5,695 | -203 | 0.18 | 0.10 | -0.07 | sell |
| Gulf International Bank (UK) Ltd | 14,910 | 14,672 | -238 | 0.08 | 0.06 | -0.02 | sell |
| America First Investment Advisors, LLC | 113,864 | 113,625 | -239 | 5.24 | 4.40 | -0.85 | sell |
| Banque de Luxembourg S.A. | 2,100 | 1,850 | -250 | 0.27 | 0.18 | -0.09 | sell |
| Hudson Value Partners, LLC | 33,878 | 33,589 | -289 | 2.50 | 1.76 | -0.74 | sell |
| Ruffer LLP | 4,320 | 4,020 | -300 | 0.04 | 0.03 | -0.01 | sell |
| Lafayette Investments, Inc. | 1,675 | 1,371 | -304 | 0.08 | 0.05 | -0.03 | sell |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV | 1,348 | 1,023 | -325 | 0.02 | 0.01 | -0.01 | sell |
| Phoenix Financial Ltd. | 32,510 | 32,170 | -340 | 0.01 | 0.00 | -0.00 | sell |
| Global View Capital Management LLC | 2,742 | 2,125 | -617 | 0.18 | 0.09 | -0.09 | sell |
| BEACON FINANCIAL GROUP | 6,065 | 5,401 | -664 | 0.15 | 0.10 | -0.05 | sell |
| SPROTT INC. | 227,294 | 226,629 | -665 | 1.63 | 1.50 | -0.14 | sell |
| Plancorp, LLC | 19,642 | 18,945 | -697 | 0.15 | 0.09 | -0.05 | sell |
| CWA Asset Management Group, LLC | 20,533 | 19,767 | -766 | 0.17 | 0.13 | -0.05 | sell |
| Covea Finance | 203,857 | 203,057 | -800 | 1.76 | 1.33 | -0.43 | sell |
| HUNTER ASSOCIATES INVESTMENT MANAGEMENT LLC | 3,025 | 2,025 | -1,000 | 0.10 | 0.05 | -0.05 | sell |
| KLEIN PAVLIS & PEASLEY FINANCIAL, INC. | 10,091 | 9,041 | -1,050 | 1.38 | 0.98 | -0.40 | sell |
| First Eagle Investment Management, LLC | 5,274,537 | 5,273,317 | -1,220 | 2.21 | 1.83 | -0.38 | sell |
| BANK OF NOVA SCOTIA TRUST CO | 73,033 | 71,687 | -1,346 | 1.55 | 1.24 | -0.31 | sell |
| McCollum Christoferson Group LLC | 71,222 | 69,770 | -1,452 | 2.70 | 2.14 | -0.56 | sell |
| J. Safra Sarasin Holding AG | 4,003 | 2,486 | -1,517 | 0.02 | 0.01 | -0.01 | sell |
| Metis Global Partners, LLC | 17,474 | 15,637 | -1,837 | 0.11 | 0.07 | -0.03 | sell |
| ASHTON THOMAS SECURITIES, LLC | 12,588 | 10,631 | -1,957 | 0.39 | 0.33 | -0.06 | sell |
| Capital International Sarl | 12,691 | 10,697 | -1,994 | 0.05 | 0.03 | -0.02 | sell |
| PRING TURNER CAPITAL GROUP INC | 8,704 | 6,521 | -2,183 | 1.09 | 0.86 | -0.22 | sell |
| LOUISBOURG INVESTMENTS INC. | 29,832 | 26,363 | -3,469 | 1.39 | 1.01 | -0.38 | sell |
| ALLIANZ SE | 20,574 | 17,052 | -3,522 | 0.06 | 0.04 | -0.02 | sell |
| Rathbones Group PLC | 6,725 | 3,122 | -3,603 | 0.01 | 0.00 | -0.00 | sell |
| U S GLOBAL INVESTORS INC | 84,410 | 80,622 | -3,788 | 2.43 | 1.62 | -0.82 | sell |
| Moors & Cabot, Inc. | 30,352 | 26,186 | -4,166 | 0.32 | 0.21 | -0.11 | sell |
| Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. | 11,500 | 7,000 | -4,500 | 5.06 | 3.12 | -1.94 | sell |
| SCOTIA CAPITAL INC. | 152,706 | 145,700 | -7,006 | 0.16 | 0.11 | -0.04 | sell |
| QV Investors Inc. | 221,912 | 211,562 | -10,350 | 4.43 | 3.40 | -1.04 | sell |
| BURNEY CO/ | 22,890 | 8,679 | -14,211 | 0.18 | 0.05 | -0.13 | sell |
| Clearbridge Investments, LLC | 628,775 | 610,251 | -18,524 | 0.14 | 0.11 | -0.03 | sell |
| Waratah Capital Advisors Ltd. | 56,029 | 35,858 | -20,171 | 0.53 | 0.25 | -0.27 | sell |
| Alberta Investment Management Corp | 108,707 | 84,206 | -24,501 | 0.16 | 0.10 | -0.06 | sell |
| Capital Research Global Investors | 1,621,232 | 1,596,170 | -25,062 | 0.06 | 0.05 | -0.02 | sell |