| Fund | Previous Shares | Current Shares ▲▼ | Change in Shares ▲▼ | Previous Portfolio Weightage (%) | Current Portfolio Weightage (%) ▲▼ | Change in Weight (%) ▲▼ | Type |
|---|---|---|---|---|---|---|---|
| FIL Ltd | 6,812,661 | 11,314,071 | +4,501,410 | 0.27 | 0.48 | +0.21 | buy |
| Beutel, Goodman & Co Ltd. | 3,226,450 | 6,922,224 | +3,695,774 | 0.64 | 1.48 | +0.84 | buy |
| Capital World Investors | 22,320,992 | 24,562,364 | +2,241,372 | 0.15 | 0.18 | +0.03 | buy |
| Madison Asset Management, LLC | 569,323 | 1,440,023 | +870,700 | 0.28 | 0.78 | +0.51 | buy |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 95,851 | 452,628 | +356,777 | 0.03 | 0.15 | +0.12 | buy |
| Compagnie Lombard Odier SCmA | 173,050 | 473,050 | +300,000 | 0.13 | 0.35 | +0.22 | buy |
| Partners Value Investments L.P. | 30,527,862 | 30,807,960 | +280,098 | 19.11 | 19.01 | -0.11 | buy |
| CORTLAND ASSOCIATES INC/MO | 334,612 | 574,992 | +240,380 | 1.75 | 3.38 | +1.63 | buy |
| PORTLAND INVESTMENT COUNSEL INC. | 118,092 | 289,991 | +171,899 | 1.81 | 4.18 | +2.37 | buy |
| Douglass Winthrop Advisors, LLC | 2,347,254 | 2,470,640 | +123,386 | 1.94 | 2.23 | +0.29 | buy |
| LGT CAPITAL PARTNERS LTD. | 205,000 | 303,500 | +98,500 | 0.25 | 0.37 | +0.12 | buy |
| America First Investment Advisors, LLC | 338,692 | 397,986 | +59,294 | 3.13 | 4.18 | +1.05 | buy |
| BAMCO INC /NY/ | 645,990 | 698,184 | +52,194 | 0.06 | 0.07 | +0.01 | buy |
| AGF MANAGEMENT LTD | 833,286 | 884,889 | +51,603 | 0.20 | 0.21 | +0.01 | buy |
| PRUDENTIAL PLC | 186,324 | 223,536 | +37,212 | 0.07 | 0.09 | +0.02 | buy |
| Asset Management One Co., Ltd. | 27,614 | 62,914 | +35,300 | 0.00 | 0.01 | +0.01 | buy |
| SCOTIA CAPITAL INC. | 978,961 | 1,003,957 | +24,996 | 0.24 | 0.26 | +0.02 | buy |
| Rathbones Group PLC | 51,586 | 72,224 | +20,638 | 0.01 | 0.02 | +0.01 | buy |
| Templeton & Phillips Capital Management, LLC | 12,481 | 27,303 | +14,822 | 0.44 | 1.12 | +0.68 | buy |
| Bridgewater Associates, LP | 53,763 | 65,259 | +11,496 | 0.01 | 0.01 | +0.00 | buy |
| FENIMORE ASSET MANAGEMENT INC | 857,127 | 867,697 | +10,570 | 0.74 | 0.81 | +0.07 | buy |
| TOCQUEVILLE ASSET MANAGEMENT L.P. | 233,317 | 242,641 | +9,324 | 0.15 | 0.18 | +0.03 | buy |
| OSSIAM | 23,335 | 32,430 | +9,095 | 0.01 | 0.02 | +0.01 | buy |
| CONFLUENCE INVESTMENT MANAGEMENT LLC | 6,154 | 14,429 | +8,275 | 0.00 | 0.01 | +0.01 | buy |
| VAN DEN BERG MANAGEMENT I, INC | 105,863 | 114,055 | +8,192 | 1.24 | 1.52 | +0.28 | buy |
| Canal Capital Management, LLC | 74,521 | 81,609 | +7,088 | 0.51 | 0.61 | +0.10 | buy |
| Baskin Financial Services Inc. | 289,500 | 296,183 | +6,683 | 0.98 | 1.07 | +0.10 | buy |
| SUMMITRY LLC | 123,976 | 130,363 | +6,387 | 0.27 | 0.30 | +0.03 | buy |
| Balboa Wealth Partners | 8,975 | 15,300 | +6,325 | 0.11 | 0.20 | +0.09 | buy |
| Texas Yale Capital Corp. | 65,990 | 71,301 | +5,311 | 0.10 | 0.14 | +0.04 | buy |
| Korea Investment CORP | 113,030 | 118,324 | +5,294 | 0.01 | 0.01 | +0.00 | buy |
| FIRST HAWAIIAN BANK | 6,386 | 11,669 | +5,283 | 0.01 | 0.01 | +0.01 | buy |
| Smith Salley Wealth Management | 87,877 | 92,958 | +5,081 | 0.22 | 0.24 | +0.02 | buy |
| Tacita Capital Inc | 37,032 | 41,633 | +4,601 | 0.97 | 1.24 | +0.27 | buy |
| Sather Financial Group Inc | 414,567 | 419,156 | +4,589 | 1.15 | 1.25 | +0.10 | buy |
| Malaga Cove Capital, LLC | 6,275 | 10,574 | +4,299 | 0.10 | 0.18 | +0.08 | buy |
| Marks Group Wealth Management, Inc | 152,722 | 156,943 | +4,221 | 0.63 | 0.72 | +0.09 | buy |
| MAR VISTA INVESTMENT PARTNERS LLC | 15,832 | 19,161 | +3,329 | 0.03 | 0.04 | +0.01 | buy |
| Blue Zone Wealth Advisors, LLC | 120,959 | 124,144 | +3,185 | 1.77 | 1.99 | +0.22 | buy |
| Colonial Trust Co / SC | 20,615 | 23,699 | +3,084 | 0.17 | 0.20 | +0.03 | buy |
| LEAVELL INVESTMENT MANAGEMENT, INC. | 6,857 | 9,857 | +3,000 | 0.02 | 0.03 | +0.01 | buy |
| ROYAL LONDON ASSET MANAGEMENT LTD | 158,944 | 161,565 | +2,621 | 0.02 | 0.02 | +0.00 | buy |
| Addenda Capital Inc. | 326,021 | 328,321 | +2,300 | 0.64 | 0.68 | +0.04 | buy |
| BRUNI J V & CO /CO | 385,939 | 387,634 | +1,695 | 1.81 | 1.93 | +0.12 | buy |
| LAFFER TENGLER INVESTMENTS, INC. | 12,554 | 13,972 | +1,418 | 0.12 | 0.15 | +0.03 | buy |
| THIRD AVENUE MANAGEMENT LLC | 130,437 | 131,670 | +1,233 | 0.74 | 0.87 | +0.13 | buy |
| Provenance Wealth Advisors, LLC | 7,221 | 8,233 | +1,012 | 0.04 | 0.04 | +0.01 | buy |
| NBT BANK N A /NY | 31,302 | 32,167 | +865 | 0.09 | 0.10 | +0.01 | buy |
| Metis Global Partners, LLC | 11,388 | 12,201 | +813 | 0.02 | 0.02 | +0.00 | buy |
| Gilbert & Cook, Inc. | 6,257 | 6,877 | +620 | 0.03 | 0.04 | +0.01 | buy |
| Procyon Advisors, LLC | 7,830 | 8,291 | +461 | 0.03 | 0.03 | +0.00 | buy |
| MONETA GROUP INVESTMENT ADVISORS LLC | 25,355 | 25,719 | +364 | 0.02 | 0.02 | +0.00 | buy |
| Jackson Hole Capital Partners, LLC | 9,479 | 9,770 | +291 | 0.09 | 0.10 | +0.01 | buy |
| Balefire, LLC | 5,864 | 5,995 | +131 | 0.08 | 0.09 | +0.01 | buy |
| Mendota Financial Group, LLC | 750 | 870 | +120 | 0.03 | 0.03 | +0.00 | buy |
| Oakworth Capital, Inc. | 8 | 127 | +119 | 0.00 | 0.00 | +0.00 | buy |
| Fortis Group Advisors, LLC | 84 | 168 | +84 | 0.00 | 0.00 | +0.00 | buy |
| Moors & Cabot, Inc. | 8,340 | 8,365 | +25 | 0.02 | 0.02 | +0.00 | buy |
| KRAEMATON INVESTMENT ADVISORS, INC | 11,133 | 11,153 | +20 | 0.46 | 0.49 | +0.04 | buy |
| Lincoln Capital LLC | 24,968 | 24,973 | +5 | 0.22 | 0.24 | +0.03 | buy |
| TBH Global Asset Management, LLC | 12,722 | 12,723 | +1 | 0.08 | 0.10 | +0.02 | buy |
| New England Capital Financial Advisors LLC | 126 | 127 | +1 | 0.00 | 0.00 | +0.00 | buy |
| Financial Perspectives, Inc | 1,618 | 1,619 | +1 | 0.02 | 0.03 | +0.00 | buy |
| BELLEVUE ASSET MANAGEMENT, LLC | 30 | 31 | +1 | 0.00 | 0.00 | +0.00 | buy |
| Williams Jones Wealth Management, LLC. | 16,969 | 16,968 | -1 | 0.01 | 0.01 | +0.00 | sell |
| Timber Creek Capital Management LLC | 45,288 | 45,270 | -18 | 0.55 | 0.62 | +0.07 | sell |
| K.J. Harrison & Partners Inc | 17,886 | 17,855 | -31 | 0.14 | 0.12 | -0.01 | sell |
| Anchor Investment Management, LLC | 2,998 | 2,964 | -34 | 0.01 | 0.01 | +0.00 | sell |
| WASHINGTON TRUST Co | 461 | 423 | -38 | 0.00 | 0.00 | -0.00 | sell |
| Washington Trust Advisors, Inc. | 4,925 | 4,857 | -68 | 0.02 | 0.02 | +0.00 | sell |
| WULFF, HANSEN & CO. | 9,776 | 9,679 | -97 | 0.38 | 0.43 | +0.05 | sell |
| Demars Financial Group, LLC | 6,660 | 6,551 | -109 | 0.13 | 0.14 | +0.01 | sell |
| Strategic Wealth Partners, Ltd. | 36,610 | 36,498 | -112 | 0.16 | 0.18 | +0.03 | sell |
| Waterfront Wealth Inc. | 19,837 | 19,709 | -128 | 0.20 | 0.23 | +0.04 | sell |
| KING LUTHER CAPITAL MANAGEMENT CORP | 17,378 | 17,245 | -133 | 0.00 | 0.00 | +0.00 | sell |
| GoodHaven Capital Management, LLC | 15,881 | 15,730 | -151 | 0.28 | 0.27 | -0.00 | sell |
| Summit Trail Advisors, LLC | 7,156 | 7,003 | -153 | 0.01 | 0.01 | +0.00 | sell |
| Choate Investment Advisors | 8,769 | 8,615 | -154 | 0.01 | 0.01 | -0.00 | sell |
| FOUNDATIONS INVESTMENT ADVISORS, LLC | 6,591 | 6,412 | -179 | 0.01 | 0.01 | +0.00 | sell |
| Truvestments Capital LLC | 219 | 6 | -213 | 0.00 | 0.00 | -0.00 | sell |
| Blue Fin Capital, Inc. | 22,173 | 21,945 | -228 | 0.22 | 0.23 | +0.01 | sell |
| Colonial Trust Advisors | 79,568 | 79,282 | -286 | 0.30 | 0.34 | +0.03 | sell |
| Hendershot Investments Inc. | 12,551 | 12,260 | -291 | 0.07 | 0.08 | +0.01 | sell |
| Lipe & Dalton | 50,923 | 50,623 | -300 | 1.02 | 1.10 | +0.08 | sell |
| FIDUCIARY TRUST CO | 6,217 | 5,840 | -377 | 0.00 | 0.00 | +0.00 | sell |
| WCM INVESTMENT MANAGEMENT, LLC | 21,802 | 21,348 | -454 | 0.00 | 0.00 | +0.00 | sell |
| Adalta Capital Management LLC | 43,594 | 43,128 | -466 | 0.99 | 1.05 | +0.06 | sell |
| Harvest Portfolios Group Inc. | 68,200 | 67,732 | -468 | 0.11 | 0.12 | +0.01 | sell |
| APG Asset Management N.V. | 13,741 | 13,183 | -558 | 0.00 | 0.00 | -0.00 | sell |
| KIRR MARBACH & CO LLC /IN/ | 33,221 | 32,642 | -579 | 0.31 | 0.34 | +0.03 | sell |
| Partners Group Holding AG | 427,874 | 427,281 | -593 | 1.34 | 1.46 | +0.13 | sell |
| TANDEM CAPITAL MANAGEMENT CORP /ADV | 43,169 | 42,520 | -649 | 0.99 | 1.06 | +0.07 | sell |
| Carmel Capital Partners, LLC | 10,043 | 9,355 | -688 | 0.15 | 0.19 | +0.04 | sell |
| GRAYBILL WEALTH MANAGEMENT, LTD. | 29,585 | 28,887 | -698 | 100.00 | 100.00 | 0.00 | sell |
| CULBERTSON A N & CO INC | 16,797 | 16,014 | -783 | 0.11 | 0.12 | +0.01 | sell |
| Radnor Capital Management, LLC | 9,713 | 8,927 | -786 | 0.06 | 0.07 | +0.00 | sell |
| Motley Fool Wealth Management, LLC | 103,031 | 102,050 | -981 | 0.20 | 0.21 | +0.02 | sell |
| NEW SOUTH CAPITAL MANAGEMENT INC | 99,284 | 98,284 | -1,000 | 0.16 | 0.17 | +0.01 | sell |
| Credential Qtrade Securities Inc. | 30,965 | 29,889 | -1,076 | 0.07 | 0.07 | +0.00 | sell |
| MCDONALD CAPITAL INVESTORS INC/CA | 412,276 | 411,187 | -1,089 | 1.07 | 1.15 | +0.08 | sell |