| Fund | Previous Shares | Current Shares ▲▼ | Change in Shares ▲▼ | Previous Portfolio Weightage (%) | Current Portfolio Weightage (%) ▲▼ | Change in Weight (%) ▲▼ | Type |
|---|---|---|---|---|---|---|---|
| WHITE MOUNTAINS INSURANCE GROUP LTD | 17,856,614 | 17,856,614 | 0 | 100.00 | 88.28 | -11.72 | hold |
| BlackRock, Inc. | 3,573,190 | 3,551,465 | -21,725 | 0.00 | 0.00 | +0.00 | sell |
| VANGUARD GROUP INC | 2,600,621 | 2,570,992 | -29,629 | 0.00 | 0.00 | +0.00 | sell |
| JPMORGAN CHASE & CO | 1,058,441 | 1,367,896 | +309,455 | 0.00 | 0.00 | +0.00 | buy |
| Clearline Capital LP | 1,290,849 | 1,301,453 | +10,604 | 1.27 | 1.27 | +0.00 | buy |
| RENAISSANCE TECHNOLOGIES LLC | 945,100 | 1,045,400 | +100,300 | 0.01 | 0.02 | +0.01 | buy |
| MORGAN STANLEY | 872,031 | 960,154 | +88,123 | 0.00 | 0.00 | +0.00 | buy |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 520,452 | 855,904 | +335,452 | 0.00 | 0.01 | +0.00 | buy |
| Divisadero Street Capital Management, LP | 86,907 | 849,011 | +762,104 | 0.05 | 0.63 | +0.58 | buy |
| AQR CAPITAL MANAGEMENT LLC | 770,679 | 804,095 | +33,416 | 0.01 | 0.01 | -0.00 | buy |
| J. Goldman & Co LP | 531,027 | 786,369 | +255,342 | 0.23 | 0.40 | +0.17 | buy |
| GEODE CAPITAL MANAGEMENT, LLC | 769,774 | 777,304 | +7,530 | 0.00 | 0.00 | +0.00 | buy |
| MILLENNIUM MANAGEMENT LLC | 1,429,556 | 751,745 | -677,811 | 0.01 | 0.01 | -0.01 | sell |
| STATE STREET CORP | 672,126 | 731,407 | +59,281 | 0.00 | 0.00 | +0.00 | buy |
| VICTORY CAPITAL MANAGEMENT INC | 710,819 | 729,457 | +18,638 | 0.00 | 0.01 | +0.00 | buy |
| GOLDMAN SACHS GROUP INC | 1,279,960 | 729,367 | -550,593 | 0.00 | 0.00 | -0.00 | sell |
| JACOBS ASSET MANAGEMENT, LLC | 819,026 | 705,299 | -113,727 | 5.10 | 5.09 | -0.01 | sell |
| JACOBS LEVY EQUITY MANAGEMENT, INC | 560,765 | 700,497 | +139,732 | 0.03 | 0.04 | +0.01 | buy |
| Nuveen, LLC | 690,465 | 666,539 | -23,926 | 0.00 | 0.00 | +0.00 | sell |
| ACADIAN ASSET MANAGEMENT LLC | 419,839 | 606,171 | +186,332 | 0.01 | 0.01 | +0.00 | buy |
| Shay Capital LLC | 790,100 | 591,000 | -199,100 | 1.63 | 1.23 | -0.39 | sell |
| G2 Investment Partners Management LLC | 375,473 | 496,916 | +121,443 | 0.88 | 1.53 | +0.65 | buy |
| D. E. Shaw & Co., Inc. | 454,883 | 397,380 | -57,503 | 0.00 | 0.00 | -0.00 | sell |
| JANE STREET GROUP, LLC | 176,305 | 360,129 | +183,824 | 0.00 | 0.01 | +0.00 | buy |
| FRANKLIN RESOURCES INC | 317,972 | 328,712 | +10,740 | 0.00 | 0.00 | +0.00 | buy |
| MARSHALL WACE, LLP | 182,743 | 328,388 | +145,645 | 0.00 | 0.00 | +0.00 | buy |
| DIMENSIONAL FUND ADVISORS LP | 118,692 | 319,798 | +201,106 | 0.00 | 0.00 | +0.00 | buy |
| Qube Research & Technologies Ltd | 504,342 | 284,012 | -220,330 | 0.01 | 0.01 | -0.00 | sell |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 279,734 | 279,817 | +83 | 0.00 | 0.00 | +0.00 | buy |
| BNP PARIBAS FINANCIAL MARKETS | 193,587 | 273,151 | +79,564 | 0.00 | 0.00 | +0.00 | buy |
| NORTHERN TRUST CORP | 287,762 | 267,278 | -20,484 | 0.00 | 0.00 | +0.00 | sell |
| JANUS HENDERSON GROUP PLC | 386,155 | 265,906 | -120,249 | 0.00 | 0.00 | -0.00 | sell |
| Pacer Advisors, Inc. | 246,427 | 263,024 | +16,597 | 0.01 | 0.01 | -0.00 | buy |
| Y-Intercept (Hong Kong) Ltd | 207,616 | 210,352 | +2,736 | 0.06 | 0.06 | +0.00 | buy |
| BALYASNY ASSET MANAGEMENT L.P. | 0 | 184,159 | +184,159 | 0.00 | 0.00 | +0.00 | buy |
| CITADEL ADVISORS LLC | 0 | 169,647 | +169,647 | 0.00 | 0.00 | +0.00 | buy |
| PDT Partners, LLC | 165,540 | 165,540 | 0 | 0.12 | 0.14 | +0.02 | hold |
| CANADA PENSION PLAN INVESTMENT BOARD | 130,600 | 136,500 | +5,900 | 0.00 | 0.00 | +0.00 | buy |
| Squarepoint Ops LLC | 30,658 | 124,288 | +93,630 | 0.00 | 0.00 | +0.00 | buy |
| Man Group plc | 0 | 110,876 | +110,876 | 0.00 | 0.00 | +0.00 | buy |
| HRT FINANCIAL LP | 0 | 109,023 | +109,023 | 0.00 | 0.00 | +0.00 | buy |
| BOOTHBAY FUND MANAGEMENT, LLC | 70,666 | 108,143 | +37,477 | 0.02 | 0.04 | +0.02 | buy |
| BARCLAYS PLC | 85,840 | 91,424 | +5,584 | 0.00 | 0.00 | +0.00 | buy |
| Russell Investments Group, Ltd. | 51,634 | 90,843 | +39,209 | 0.00 | 0.00 | +0.00 | buy |
| XTX Topco Ltd | 29,074 | 90,702 | +61,628 | 0.02 | 0.03 | +0.01 | buy |
| IEQ CAPITAL, LLC | 79,557 | 88,136 | +8,579 | 0.00 | 0.00 | +0.00 | buy |
| Bank of New York Mellon Corp | 99,144 | 87,312 | -11,832 | 0.00 | 0.00 | -0.00 | sell |
| TUDOR INVESTMENT CORP ET AL | 0 | 83,330 | +83,330 | 0.00 | 0.01 | +0.01 | buy |
| NOMURA HOLDINGS INC | 52,965 | 82,313 | +29,348 | 0.00 | 0.00 | +0.00 | buy |
| Lighthouse Investment Partners, LLC | 353,930 | 82,050 | -271,880 | 0.15 | 0.04 | -0.11 | sell |
| SEI INVESTMENTS CO | 62,721 | 81,844 | +19,123 | 0.00 | 0.00 | +0.00 | buy |
| ExodusPoint Capital Management, LP | 0 | 81,791 | +81,791 | 0.00 | 0.01 | +0.01 | buy |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 64,180 | 80,990 | +16,810 | 0.00 | 0.00 | +0.00 | buy |
| GLOBEFLEX CAPITAL L P | 0 | 80,233 | +80,233 | 0.00 | 0.16 | +0.16 | buy |
| LOS ANGELES CAPITAL MANAGEMENT LLC | 104,580 | 72,285 | -32,295 | 0.00 | 0.00 | -0.00 | sell |
| Allianz Asset Management GmbH | 70,176 | 70,176 | 0 | 0.00 | 0.00 | +0.00 | hold |
| Mariner, LLC | 61,909 | 69,891 | +7,982 | 0.00 | 0.00 | +0.00 | buy |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 71,458 | 65,085 | -6,373 | 0.00 | 0.00 | +0.00 | sell |
| BLAIR WILLIAM & CO/IL | 66,197 | 60,146 | -6,051 | 0.00 | 0.00 | +0.00 | sell |
| TWO SIGMA INVESTMENTS, LP | 22,524 | 59,860 | +37,336 | 0.00 | 0.00 | +0.00 | buy |
| UBS Group AG | 138,186 | 59,689 | -78,497 | 0.00 | 0.00 | -0.00 | sell |
| Swiss National Bank | 58,700 | 58,700 | 0 | 0.00 | 0.00 | +0.00 | hold |
| Amundi | 0 | 58,616 | +58,616 | 0.00 | 0.00 | +0.00 | buy |
| BANK OF AMERICA CORP /DE/ | 82,079 | 58,164 | -23,915 | 0.00 | 0.00 | -0.00 | sell |
| RAYMOND JAMES FINANCIAL INC | 41,408 | 52,708 | +11,300 | 0.00 | 0.00 | +0.00 | buy |
| RHUMBLINE ADVISERS | 53,590 | 48,522 | -5,068 | 0.00 | 0.00 | +0.00 | sell |
| STATE OF WISCONSIN INVESTMENT BOARD | 31,191 | 46,842 | +15,651 | 0.00 | 0.00 | +0.00 | buy |
| GSA CAPITAL PARTNERS LLP | 0 | 46,784 | +46,784 | 0.00 | 0.05 | +0.05 | buy |
| MACKENZIE FINANCIAL CORP | 15,117 | 42,975 | +27,858 | 0.00 | 0.00 | +0.00 | buy |
| Allspring Global Investments Holdings, LLC | 39,195 | 42,950 | +3,755 | 0.00 | 0.00 | +0.00 | buy |
| Quantinno Capital Management LP | 17,253 | 42,748 | +25,495 | 0.00 | 0.00 | +0.00 | buy |
| CWM, LLC | 38,383 | 42,278 | +3,895 | 0.00 | 0.00 | +0.00 | buy |
| Verition Fund Management LLC | 41,253 | 39,303 | -1,950 | 0.00 | 0.00 | +0.00 | sell |
| Gotham Asset Management, LLC | 42,444 | 39,123 | -3,321 | 0.00 | 0.00 | -0.00 | sell |
| State of Wyoming | 46,225 | 38,832 | -7,393 | 0.06 | 0.06 | -0.00 | sell |
| AlphaQuest LLC | 9,859 | 37,463 | +27,604 | 0.01 | 0.03 | +0.02 | buy |
| WELLS FARGO & COMPANY/MN | 20,462 | 37,072 | +16,610 | 0.00 | 0.00 | +0.00 | buy |
| THRIVENT FINANCIAL FOR LUTHERANS | 0 | 36,379 | +36,379 | 0.00 | 0.00 | +0.00 | buy |
| PRINCIPAL FINANCIAL GROUP INC | 24,716 | 35,403 | +10,687 | 0.00 | 0.00 | +0.00 | buy |
| PharVision Advisers, LLC | 24,480 | 34,034 | +9,554 | 0.16 | 0.22 | +0.07 | buy |
| ALLIANCEBERNSTEIN L.P. | 38,630 | 33,930 | -4,700 | 0.00 | 0.00 | +0.00 | sell |
| Legal & General Group Plc | 33,934 | 33,817 | -117 | 0.00 | 0.00 | +0.00 | sell |
| DEUTSCHE BANK AG\ | 30,409 | 31,640 | +1,231 | 0.00 | 0.00 | +0.00 | buy |
| PRICE T ROWE ASSOCIATES INC /MD/ | 28,776 | 31,014 | +2,238 | 0.00 | 0.00 | +0.00 | buy |
| Versor Investments LP | 0 | 29,318 | +29,318 | 0.00 | 0.06 | +0.06 | buy |
| TWO SIGMA ADVISERS, LP | 20,400 | 26,896 | +6,496 | 0.00 | 0.00 | +0.00 | buy |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 20,212 | 26,437 | +6,225 | 0.00 | 0.00 | +0.00 | buy |
| FOX RUN MANAGEMENT, L.L.C. | 0 | 26,035 | +26,035 | 0.00 | 0.05 | +0.05 | buy |
| Invesco Ltd. | 19,705 | 26,024 | +6,319 | 0.00 | 0.00 | +0.00 | buy |
| Cannell & Spears LLC | 25,700 | 25,550 | -150 | 0.01 | 0.01 | +0.00 | sell |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 30,347 | 25,504 | -4,843 | 0.00 | 0.00 | -0.00 | sell |
| Creative Planning | 19,529 | 25,272 | +5,743 | 0.00 | 0.00 | +0.00 | buy |
| Graham Capital Management, L.P. | 0 | 23,427 | +23,427 | 0.00 | 0.01 | +0.01 | buy |
| Brookwood Investment Group LLC | 0 | 22,841 | +22,841 | 0.00 | 0.04 | +0.04 | buy |
| MANGROVE PARTNERS IM, LLC | 0 | 22,700 | +22,700 | 0.00 | 0.02 | +0.02 | buy |
| MetLife Investment Management, LLC | 21,402 | 21,402 | 0 | 0.00 | 0.00 | +0.00 | hold |
| Cerity Partners LLC | 27,644 | 20,777 | -6,867 | 0.00 | 0.00 | -0.00 | sell |
| Point72 Asset Management, L.P. | 0 | 18,751 | +18,751 | 0.00 | 0.00 | +0.00 | buy |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 18,642 | 18,642 | 0 | 0.00 | 0.00 | +0.00 | hold |
| Jump Financial, LLC | 0 | 18,539 | +18,539 | 0.00 | 0.00 | +0.00 | buy |