| Fund | Previous Shares | Current Shares ▲▼ | Change in Shares ▲▼ | Previous Portfolio Weightage (%) | Current Portfolio Weightage (%) ▲▼ | Change in Weight (%) ▲▼ | Type |
|---|---|---|---|---|---|---|---|
| Independent Franchise Partners LLP | 15,355,691 | 15,733,495 | +377,804 | 7.74 | 7.19 | -0.55 | buy |
| BlackRock, Inc. | 10,307,592 | 10,478,972 | +171,380 | 0.01 | 0.01 | -0.00 | buy |
| TRIAN FUND MANAGEMENT, L.P. | 8,236,753 | 8,236,753 | 0 | 16.38 | 13.93 | -2.45 | hold |
| STATE STREET CORP | 6,344,761 | 6,407,480 | +62,719 | 0.02 | 0.01 | -0.00 | buy |
| DAVIS SELECTED ADVISERS | 6,220,072 | 6,330,325 | +110,253 | 2.22 | 1.90 | -0.32 | buy |
| GEODE CAPITAL MANAGEMENT, LLC | 4,588,728 | 4,752,260 | +163,532 | 0.02 | 0.02 | -0.00 | buy |
| Boston Partners | 4,085,487 | 3,914,091 | -171,396 | 0.34 | 0.27 | -0.07 | sell |
| Invesco Ltd. | 2,930,010 | 3,789,883 | +859,873 | 0.03 | 0.03 | +0.00 | buy |
| DIAMOND HILL CAPITAL MANAGEMENT INC | 2,109,027 | 2,420,246 | +311,219 | 0.86 | 0.99 | +0.13 | buy |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | 2,069,279 | 2,069,279 | 0 | 0.13 | 0.11 | -0.02 | hold |
| Madison Avenue Partners, LP | 1,988,058 | 1,875,736 | -112,322 | 6.77 | 5.33 | -1.44 | sell |
| FMR LLC | 1,945,488 | 1,870,036 | -75,452 | 0.01 | 0.01 | -0.00 | sell |
| MORGAN STANLEY | 1,660,906 | 1,763,007 | +102,101 | 0.01 | 0.01 | -0.00 | buy |
| NORTHERN TRUST CORP | 1,535,760 | 1,539,405 | +3,645 | 0.02 | 0.01 | -0.00 | buy |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1,479,164 | 1,519,514 | +40,350 | 0.02 | 0.02 | -0.00 | buy |
| BANK OF AMERICA CORP /DE/ | 1,423,697 | 1,432,780 | +9,083 | 0.01 | 0.01 | -0.00 | buy |
| RAYMOND JAMES FINANCIAL INC | 792,564 | 919,263 | +126,699 | 0.02 | 0.02 | -0.00 | buy |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 968,650 | 883,534 | -85,116 | 0.04 | 0.03 | -0.01 | sell |
| Ruffer LLP | 614,558 | 859,993 | +245,435 | 2.22 | 2.30 | +0.08 | buy |
| GOLDMAN SACHS GROUP INC | 486,637 | 821,032 | +334,395 | 0.01 | 0.01 | +0.00 | buy |
| Bank of New York Mellon Corp | 810,933 | 777,005 | -33,928 | 0.01 | 0.01 | -0.00 | sell |
| EQUITY INVESTMENT CORP | 0 | 775,793 | +775,793 | 0.00 | 0.99 | +0.99 | buy |
| DIMENSIONAL FUND ADVISORS LP | 538,024 | 774,683 | +236,659 | 0.01 | 0.01 | +0.00 | buy |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 726,895 | 771,874 | +44,979 | 0.01 | 0.01 | -0.00 | buy |
| AQR CAPITAL MANAGEMENT LLC | 469,288 | 730,045 | +260,757 | 0.02 | 0.02 | +0.00 | buy |
| DEUTSCHE BANK AG\ | 641,220 | 706,129 | +64,909 | 0.02 | 0.02 | -0.00 | buy |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 1,630,872 | 693,060 | -937,812 | 0.39 | 0.14 | -0.25 | sell |
| NUANCE INVESTMENTS, LLC | 642,073 | 671,153 | +29,080 | 5.61 | 6.11 | +0.51 | buy |
| UBS Group AG | 747,872 | 632,974 | -114,898 | 0.01 | 0.01 | -0.00 | sell |
| KBC Group NV | 462,417 | 632,833 | +170,416 | 0.08 | 0.10 | +0.02 | buy |
| Gotham Asset Management, LLC | 291,308 | 622,833 | +331,525 | 0.08 | 0.12 | +0.04 | buy |
| JPMORGAN CHASE & CO | 578,526 | 607,932 | +29,406 | 0.00 | 0.00 | -0.00 | buy |
| CITADEL ADVISORS LLC | 112,845 | 599,078 | +486,233 | 0.01 | 0.03 | +0.02 | buy |
| ANCHOR CAPITAL ADVISORS LLC | 587,922 | 590,307 | +2,385 | 1.35 | 1.10 | -0.25 | buy |
| Legal & General Group Plc | 550,766 | 588,062 | +37,296 | 0.01 | 0.01 | -0.00 | buy |
| MILLENNIUM MANAGEMENT LLC | 497,414 | 540,293 | +42,879 | 0.03 | 0.03 | -0.00 | buy |
| Swiss National Bank | 426,609 | 458,209 | +31,600 | 0.02 | 0.02 | -0.00 | buy |
| PZENA INVESTMENT MANAGEMENT LLC | 435,310 | 439,918 | +4,608 | 0.10 | 0.09 | -0.01 | buy |
| US BANCORP \DE\ | 444,540 | 429,989 | -14,551 | 0.04 | 0.03 | -0.01 | sell |
| ACADIAN ASSET MANAGEMENT LLC | 225,746 | 429,092 | +203,346 | 0.03 | 0.04 | +0.01 | buy |
| Invenomic Capital Management LP | 0 | 401,156 | +401,156 | 0.00 | 1.21 | +1.21 | buy |
| HBK INVESTMENTS L P | 388,022 | 388,022 | 0 | 0.33 | 0.32 | -0.01 | hold |
| WEDGE CAPITAL MANAGEMENT L L P/NC | 330,518 | 383,662 | +53,144 | 0.47 | 0.46 | -0.01 | buy |
| Nuveen, LLC | 315,318 | 382,092 | +66,774 | 0.01 | 0.01 | +0.00 | buy |
| GENERAL AMERICAN INVESTORS CO INC | 377,350 | 377,350 | 0 | 1.86 | 1.63 | -0.23 | hold |
| Assenagon Asset Management S.A. | 643,151 | 362,404 | -280,747 | 0.08 | 0.04 | -0.04 | sell |
| BARCLAYS PLC | 263,385 | 358,921 | +95,536 | 0.01 | 0.01 | -0.00 | buy |
| Philosophy Capital Management LLC | 352,898 | 356,997 | +4,099 | 3.27 | 2.72 | -0.56 | buy |
| Grantham, Mayo, Van Otterloo & Co. LLC | 270,190 | 349,163 | +78,973 | 0.05 | 0.06 | +0.00 | buy |
| ROYAL BANK OF CANADA | 235,862 | 347,281 | +111,419 | 0.00 | 0.00 | +0.00 | buy |
| TERRIL BROTHERS, INC. | 271,851 | 345,237 | +73,386 | 5.65 | 6.16 | +0.52 | buy |
| Mitsubishi UFJ Asset Management Co., Ltd. | 307,882 | 337,992 | +30,110 | 0.02 | 0.01 | -0.00 | buy |
| FIRST TRUST ADVISORS LP | 212,452 | 334,441 | +121,989 | 0.01 | 0.02 | +0.00 | buy |
| Amundi | 279,604 | 329,568 | +49,964 | 0.01 | 0.01 | -0.00 | buy |
| ENVESTNET ASSET MANAGEMENT INC | 229,683 | 328,837 | +99,154 | 0.01 | 0.01 | +0.00 | buy |
| WESTWOOD HOLDINGS GROUP INC | 0 | 324,237 | +324,237 | 0.00 | 0.15 | +0.15 | buy |
| Sumitomo Mitsui Trust Group, Inc. | 299,042 | 321,150 | +22,108 | 0.01 | 0.01 | -0.00 | buy |
| CLIFFORD CAPITAL PARTNERS LLC | 308,680 | 312,776 | +4,096 | 4.16 | 3.40 | -0.75 | buy |
| PRUDENTIAL FINANCIAL INC | 120,224 | 291,757 | +171,533 | 0.01 | 0.02 | +0.01 | buy |
| CLARK ESTATES INC/NY | 215,000 | 290,000 | +75,000 | 4.13 | 4.55 | +0.42 | buy |
| RHUMBLINE ADVISERS | 275,547 | 288,923 | +13,376 | 0.02 | 0.02 | -0.00 | buy |
| BNP PARIBAS FINANCIAL MARKETS | 263,648 | 285,158 | +21,510 | 0.01 | 0.01 | -0.00 | buy |
| WELLS FARGO & COMPANY/MN | 253,252 | 279,771 | +26,519 | 0.00 | 0.00 | -0.00 | buy |
| QVIDTVM Management LLC | 290,615 | 265,615 | -25,000 | 26.06 | 21.32 | -4.74 | sell |
| CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM | 252,971 | 247,320 | -5,651 | 0.01 | 0.01 | -0.00 | sell |
| SEI INVESTMENTS CO | 55,310 | 240,581 | +185,271 | 0.00 | 0.01 | +0.01 | buy |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 248,211 | 239,152 | -9,059 | 0.02 | 0.02 | -0.00 | sell |
| HSBC HOLDINGS PLC | 227,139 | 224,955 | -2,184 | 0.01 | 0.01 | -0.00 | sell |
| QV Investors Inc. | 239,252 | 224,672 | -14,580 | 1.55 | 1.19 | -0.36 | sell |
| PRICE T ROWE ASSOCIATES INC /MD/ | 216,568 | 215,885 | -683 | 0.00 | 0.00 | -0.00 | sell |
| Allianz Asset Management GmbH | 208,419 | 205,801 | -2,618 | 0.02 | 0.02 | -0.00 | sell |
| South Dakota Investment Council | 200,891 | 203,610 | +2,719 | 0.30 | 0.25 | -0.05 | buy |
| ALLIANCEBERNSTEIN L.P. | 158,716 | 186,680 | +27,964 | 0.00 | 0.00 | +0.00 | buy |
| AMERIPRISE FINANCIAL INC | 175,165 | 179,255 | +4,090 | 0.00 | 0.00 | -0.00 | buy |
| PRINCIPAL FINANCIAL GROUP INC | 162,688 | 167,833 | +5,145 | 0.01 | 0.01 | -0.00 | buy |
| ExodusPoint Capital Management, LP | 77,361 | 163,837 | +86,476 | 0.07 | 0.11 | +0.04 | buy |
| VICTORY CAPITAL MANAGEMENT INC | 133,850 | 156,580 | +22,730 | 0.01 | 0.01 | +0.00 | buy |
| Quantinno Capital Management LP | 117,898 | 153,208 | +35,310 | 0.02 | 0.02 | -0.00 | buy |
| STIFEL FINANCIAL CORP | 117,545 | 152,171 | +34,626 | 0.01 | 0.01 | +0.00 | buy |
| PNC FINANCIAL SERVICES GROUP, INC. | 157,400 | 148,297 | -9,103 | 0.01 | 0.01 | -0.00 | sell |
| D. E. Shaw & Co., Inc. | 197,957 | 145,867 | -52,090 | 0.01 | 0.01 | -0.00 | sell |
| APPLETON PARTNERS INC/MA | 88,446 | 141,689 | +53,243 | 0.46 | 0.65 | +0.18 | buy |
| CITIGROUP INC | 160,829 | 140,639 | -20,190 | 0.01 | 0.01 | -0.00 | sell |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | 0 | 140,022 | +140,022 | 0.00 | 0.01 | +0.01 | buy |
| Freestone Grove Partners LP | 125,000 | 131,281 | +6,281 | 0.07 | 0.06 | -0.01 | buy |
| SG Americas Securities, LLC | 93,681 | 129,663 | +35,982 | 0.01 | 0.01 | -0.00 | buy |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | 127,889 | 127,889 | 0 | 0.02 | 0.02 | -0.00 | hold |
| PARSONS CAPITAL MANAGEMENT INC/RI | 125,042 | 125,212 | +170 | 0.54 | 0.37 | -0.17 | buy |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM | 122,469 | 124,854 | +2,385 | 0.02 | 0.02 | -0.00 | buy |
| AVIVA PLC | 117,334 | 118,930 | +1,596 | 0.02 | 0.01 | -0.00 | buy |
| Newport Trust Company, LLC | 120,186 | 117,404 | -2,782 | 0.02 | 0.02 | -0.00 | sell |
| INVESTMENT MANAGEMENT ASSOCIATES INC /ADV | 180,097 | 117,305 | -62,792 | 3.99 | 2.08 | -1.91 | sell |
| BANK OF MONTREAL /CAN/ | 125,306 | 117,082 | -8,224 | 0.00 | 0.00 | -0.00 | sell |
| Strong Tower Advisory Services | 107,408 | 112,703 | +5,295 | 1.52 | 1.38 | -0.14 | buy |
| Mayar Capital Ltd. | 106,590 | 106,590 | 0 | 11.47 | 8.30 | -3.17 | hold |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 111,351 | 106,135 | -5,216 | 0.01 | 0.01 | -0.00 | sell |
| Kiltearn Partners LLP | 78,909 | 102,300 | +23,391 | 1.35 | 1.80 | +0.44 | buy |
| Robeco Institutional Asset Management B.V. | 0 | 91,343 | +91,343 | 0.00 | 0.01 | +0.01 | buy |
| LPL Financial LLC | 80,774 | 89,771 | +8,997 | 0.00 | 0.00 | -0.00 | buy |
| Andra AP-fonden | 55,715 | 86,615 | +30,900 | 0.05 | 0.07 | +0.01 | buy |