| Fund | Previous Shares | Current Shares ▲▼ | Change in Shares ▲▼ | Previous Portfolio Weightage (%) | Current Portfolio Weightage (%) ▲▼ | Change in Weight (%) ▲▼ | Type |
|---|---|---|---|---|---|---|---|
| DODGE & COX | 53,101,847 | 54,761,610 | +1,659,763 | 1.90 | 2.14 | +0.25 | buy |
| BlackRock, Inc. | 474,705 | 15,155,059 | +14,680,354 | 0.00 | 0.02 | +0.02 | buy |
| WELLINGTON MANAGEMENT GROUP LLP | 11,221,373 | 11,057,926 | -163,447 | 0.13 | 0.14 | +0.01 | sell |
| HARRIS ASSOCIATES L P | 11,653,333 | 10,461,105 | -1,192,228 | 1.01 | 1.04 | +0.03 | sell |
| Invesco Ltd. | 10,108,091 | 10,335,785 | +227,694 | 0.08 | 0.06 | -0.02 | buy |
| Rothschild & Co Wealth Management UK Ltd | 8,511,833 | 8,653,829 | +141,996 | 8.18 | 9.16 | +0.98 | buy |
| PRINCIPAL FINANCIAL GROUP INC | 6,610,971 | 7,934,212 | +1,323,241 | 0.23 | 0.29 | +0.06 | buy |
| NORGES BANK | 0 | 7,273,452 | +7,273,452 | 0.00 | 0.05 | +0.05 | buy |
| GEODE CAPITAL MANAGEMENT, LLC | 401,190 | 7,214,695 | +6,813,505 | 0.00 | 0.03 | +0.03 | buy |
| ROYAL BANK OF CANADA | 7,144,038 | 7,060,457 | -83,581 | 0.09 | 0.09 | +0.00 | sell |
| AKO CAPITAL LLP | 3,185,284 | 6,074,817 | +2,889,533 | 4.06 | 10.59 | +6.53 | buy |
| Capital World Investors | 5,692,089 | 5,933,325 | +241,236 | 0.05 | 0.05 | +0.00 | buy |
| GARDNER RUSSO & QUINN LLC | 6,049,133 | 5,897,825 | -151,308 | 4.63 | 4.94 | +0.31 | sell |
| STATE STREET CORP | 3,700 | 5,894,914 | +5,891,214 | 0.00 | 0.01 | +0.01 | buy |
| Ruane, Cunniff & Goldfarb L.P. | 5,488,261 | 4,261,163 | -1,227,098 | 5.93 | 4.96 | -0.97 | sell |
| Amundi | 4,214,807 | 3,781,682 | -433,125 | 0.07 | 0.07 | -0.01 | sell |
| Metropolis Capital Ltd | 4,914,436 | 3,542,479 | -1,371,957 | 10.41 | 6.44 | -3.97 | sell |
| Bank of New York Mellon Corp | 2,816,619 | 3,501,253 | +684,634 | 0.03 | 0.04 | +0.01 | buy |
| BECK MACK & OLIVER LLC | 3,377,221 | 3,168,656 | -208,565 | 4.53 | 4.62 | +0.09 | sell |
| Nuveen, LLC | 2,483,995 | 3,057,168 | +573,173 | 0.04 | 0.05 | +0.01 | buy |
| BAILLIE GIFFORD & CO | 3,111,813 | 2,948,390 | -163,423 | 0.20 | 0.20 | -0.00 | sell |
| COOKE & BIELER LP | 2,817,173 | 2,655,707 | -161,466 | 2.06 | 2.28 | +0.23 | sell |
| Sixth Street Partners Management Company, L.P. | 0 | 2,526,376 | +2,526,376 | 0.00 | 0.02 | +0.02 | buy |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1,248,176 | 2,526,376 | +1,278,200 | 0.01 | 0.02 | +0.01 | buy |
| GOLDMAN SACHS GROUP INC | 1,964,452 | 2,477,300 | +512,848 | 0.02 | 0.02 | +0.00 | buy |
| Rathbones Group PLC | 2,292,966 | 2,245,242 | -47,724 | 0.58 | 0.61 | +0.03 | sell |
| ABRAMS BISON INVESTMENTS, LLC | 12,561,085 | 2,058,758 | -10,502,327 | 35.38 | 7.52 | -27.86 | sell |
| Focus Partners Wealth | 1,803,273 | 2,056,587 | +253,314 | 0.13 | 0.16 | +0.03 | buy |
| JANE STREET GROUP, LLC | 108,528 | 2,000,016 | +1,891,488 | 0.01 | 0.10 | +0.09 | buy |
| AMERICAN CENTURY COMPANIES INC | 2,015,224 | 1,874,115 | -141,109 | 0.07 | 0.06 | -0.00 | sell |
| BANK OF AMERICA CORP /DE/ | 1,792,401 | 1,775,719 | -16,682 | 0.01 | 0.01 | +0.00 | sell |
| 1832 Asset Management L.P. | 1,687,518 | 1,727,640 | +40,122 | 0.15 | 0.16 | +0.01 | buy |
| Legal & General Group Plc | 2,857,761 | 1,703,411 | -1,154,350 | 0.04 | 0.03 | -0.02 | sell |
| NORTHERN TRUST CORP | 126,829 | 1,700,941 | +1,574,112 | 0.00 | 0.01 | +0.01 | buy |
| DEUTSCHE BANK AG\ | 1,843,172 | 1,572,358 | -270,814 | 0.04 | 0.03 | -0.01 | sell |
| FIDUCIARY MANAGEMENT INC /WI/ | 1,921,250 | 1,553,309 | -367,941 | 1.55 | 1.65 | +0.10 | sell |
| Turtle Creek Asset Management Inc. | 2,201,287 | 1,548,907 | -652,380 | 5.36 | 4.53 | -0.83 | sell |
| Swiss National Bank | 1,657,484 | 1,531,070 | -126,414 | 0.06 | 0.06 | -0.00 | sell |
| AVIVA PLC | 1,380,148 | 1,440,853 | +60,705 | 0.14 | 0.15 | +0.01 | buy |
| CAISSE DE DEPOT ET PLACEMENT DU QUEBEC | 615,690 | 1,344,588 | +728,898 | 0.06 | 0.14 | +0.08 | buy |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 1,541,104 | 1,322,386 | -218,718 | 0.17 | 0.15 | -0.02 | sell |
| MORGAN STANLEY | 2,812,539 | 1,301,351 | -1,511,188 | 0.01 | 0.01 | -0.01 | sell |
| 59 North Capital Management, LP | 0 | 1,212,270 | +1,212,270 | 0.00 | 2.02 | +2.02 | buy |
| MACKENZIE FINANCIAL CORP | 1,676,178 | 1,200,436 | -475,742 | 0.13 | 0.06 | -0.06 | sell |
| James Hambro & Partners LLP | 1,165,325 | 1,175,157 | +9,832 | 2.87 | 3.10 | +0.23 | buy |
| Dorsey Asset Management, LLC | 2,204,996 | 1,150,578 | -1,054,418 | 11.43 | 5.51 | -5.92 | sell |
| JPMORGAN CHASE & CO | 986,297 | 1,117,266 | +130,969 | 0.00 | 0.00 | +0.00 | buy |
| Aristotle Capital Management, LLC | 1,194,872 | 1,110,306 | -84,566 | 0.16 | 0.17 | +0.01 | sell |
| UBS Group AG | 1,909,539 | 1,018,341 | -891,198 | 0.02 | 0.01 | -0.01 | sell |
| Aristotle Capital Management, LLC | 1,037,615 | 987,406 | -50,209 | 0.14 | 0.15 | +0.02 | sell |
| BloombergSen Inc. | 1,020,516 | 985,609 | -34,907 | 7.44 | 8.25 | +0.81 | sell |
| MARKEL GROUP INC. | 963,361 | 974,361 | +11,000 | 0.53 | 0.56 | +0.03 | buy |
| BNP Paribas Asset Management Holding S.A. | 823,640 | 822,514 | -1,126 | 0.06 | 0.06 | -0.00 | sell |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 367,541 | 782,773 | +415,232 | 0.01 | 0.03 | +0.01 | buy |
| CANADA PENSION PLAN INVESTMENT BOARD | 697,931 | 740,492 | +42,561 | 0.03 | 0.03 | +0.00 | buy |
| Russell Investments Group, Ltd. | 555,013 | 719,085 | +164,072 | 0.04 | 0.05 | +0.01 | buy |
| BANK OF MONTREAL /CAN/ | 393,491 | 716,647 | +323,156 | 0.01 | 0.02 | +0.01 | buy |
| Broad Run Investment Management, LLC | 704,530 | 702,078 | -2,452 | 7.78 | 7.90 | +0.12 | sell |
| Liontrust Investment Partners LLP | 0 | 683,211 | +683,211 | 0.00 | 0.73 | +0.73 | buy |
| PRICE T ROWE ASSOCIATES INC /MD/ | 0 | 673,722 | +673,722 | 0.00 | 0.01 | +0.01 | buy |
| MONTRUSCO BOLTON INVESTMENTS INC. | 1,002,578 | 662,699 | -339,879 | 0.86 | 0.75 | -0.12 | sell |
| BARCLAYS PLC | 1,528,635 | 662,621 | -866,014 | 0.04 | 0.02 | -0.02 | sell |
| CITIGROUP INC | 635,442 | 661,240 | +25,798 | 0.03 | 0.02 | -0.00 | buy |
| Fiera Capital Corp | 1,249,410 | 613,299 | -636,111 | 0.28 | 0.17 | -0.11 | sell |
| ANCHOR CAPITAL ADVISORS LLC | 461,710 | 600,494 | +138,784 | 0.86 | 1.26 | +0.41 | buy |
| CITADEL ADVISORS LLC | 281,864 | 600,344 | +318,480 | 0.01 | 0.03 | +0.01 | buy |
| WELLS FARGO & COMPANY/MN | 534,606 | 565,115 | +30,509 | 0.01 | 0.01 | +0.00 | buy |
| FRANKLIN RESOURCES INC | 738,119 | 554,208 | -183,911 | 0.01 | 0.01 | -0.00 | sell |
| CAISSE DES DEPOTS ET CONSIGNATIONS | 543,225 | 543,225 | 0 | 0.56 | 0.67 | +0.11 | hold |
| LFL Advisers, LLC | 659,883 | 539,054 | -120,829 | 12.83 | 10.78 | -2.05 | sell |
| SOROS FUND MANAGEMENT LLC | 546,114 | 516,034 | -30,080 | 0.49 | 0.51 | +0.02 | sell |
| FMR LLC | 485,737 | 509,719 | +23,982 | 0.00 | 0.00 | -0.00 | buy |
| CENTRAL SECURITIES CORP | 600,000 | 500,000 | -100,000 | 3.22 | 2.79 | -0.43 | sell |
| ASR Vermogensbeheer N.V. | 586,983 | 479,725 | -107,258 | 0.43 | 0.36 | -0.07 | sell |
| Point72 Asset Management, L.P. | 0 | 431,766 | +431,766 | 0.00 | 0.05 | +0.05 | buy |
| GOODNOW INVESTMENT GROUP, LLC | 733,943 | 410,889 | -323,054 | 5.23 | 3.19 | -2.04 | sell |
| SEI INVESTMENTS CO | 328,756 | 408,639 | +79,883 | 0.02 | 0.03 | +0.01 | buy |
| NATIXIS ADVISORS, LLC | 358,861 | 396,948 | +38,087 | 0.03 | 0.03 | +0.00 | buy |
| JONES FINANCIAL COMPANIES LLLP | 354,530 | 393,628 | +39,098 | 0.01 | 0.01 | +0.00 | buy |
| Neuberger Berman Group LLC | 738,175 | 378,097 | -360,078 | 0.04 | 0.02 | -0.02 | sell |
| Quilter Plc | 411,581 | 367,171 | -44,410 | 0.47 | 0.41 | -0.06 | sell |
| ENVESTNET ASSET MANAGEMENT INC | 343,934 | 351,537 | +7,603 | 0.01 | 0.01 | +0.00 | buy |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 325,680 | 337,967 | +12,287 | 0.04 | 0.05 | +0.00 | buy |
| AQR CAPITAL MANAGEMENT LLC | 367,359 | 328,007 | -39,352 | 0.01 | 0.01 | -0.00 | sell |
| RHUMBLINE ADVISERS | 5,222 | 325,693 | +320,471 | 0.00 | 0.02 | +0.02 | buy |
| Pictet Asset Management Holding SA | 324,463 | 314,227 | -10,236 | 0.02 | 0.02 | +0.00 | sell |
| APG Asset Management N.V. | 283,052 | 298,600 | +15,548 | 0.05 | 0.05 | -0.00 | buy |
| Allianz Asset Management GmbH | 243,582 | 295,170 | +51,588 | 0.02 | 0.02 | +0.00 | buy |
| TD ASSET MANAGEMENT INC | 307,761 | 275,539 | -32,222 | 0.02 | 0.02 | +0.00 | sell |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | 0 | 274,210 | +274,210 | 0.00 | 0.03 | +0.03 | buy |
| STRS OHIO | 0 | 268,008 | +268,008 | 0.00 | 0.07 | +0.07 | buy |
| CAMBIAR INVESTORS LLC | 268,264 | 262,697 | -5,567 | 0.81 | 0.85 | +0.04 | sell |
| Ceredex Value Advisors LLC | 0 | 260,825 | +260,825 | 0.00 | 0.55 | +0.55 | buy |
| ALLIANCEBERNSTEIN L.P. | 158,702 | 255,968 | +97,266 | 0.00 | 0.01 | +0.00 | buy |
| Baader Bank Aktiengesellschaft | 325,710 | 255,814 | -69,896 | 2.02 | 1.53 | -0.49 | sell |
| NEW YORK STATE COMMON RETIREMENT FUND | 0 | 247,700 | +247,700 | 0.00 | 0.02 | +0.02 | buy |
| Giverny Capital Inc. | 270,843 | 246,369 | -24,474 | 0.65 | 0.73 | +0.08 | sell |
| PUBLIC SECTOR PENSION INVESTMENT BOARD | 230,139 | 242,729 | +12,590 | 0.05 | 0.05 | +0.00 | buy |
| Crow's Nest Holdings LP | 372,633 | 225,000 | -147,633 | 5.67 | 5.09 | -0.58 | sell |
| Tidal Investments LLC | 195,351 | 224,519 | +29,168 | 0.03 | 0.04 | +0.01 | buy |