| Fund | Previous Shares | Current Shares ▲▼ | Change in Shares ▲▼ | Previous Portfolio Weightage (%) | Current Portfolio Weightage (%) ▲▼ | Change in Weight (%) ▲▼ | Type |
|---|---|---|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC | 248,018,128 | 255,281,524 | +7,263,396 | 4.86 | 5.75 | +0.89 | buy |
| DODGE & COX | 79,525,798 | 78,361,008 | -1,164,790 | 3.00 | 2.96 | -0.03 | sell |
| VANGUARD GROUP INC | 55,329,702 | 56,088,935 | +759,233 | 0.07 | 0.07 | -0.00 | buy |
| STATE STREET CORP | 39,432,087 | 41,893,470 | +2,461,383 | 0.11 | 0.12 | +0.00 | buy |
| FMR LLC | 17,634,243 | 16,075,546 | -1,558,697 | 0.08 | 0.06 | -0.01 | sell |
| DODGE & COX | 14,273,570 | 14,270,270 | -3,300 | 0.36 | 0.35 | -0.00 | sell |
| GEODE CAPITAL MANAGEMENT, LLC | 12,783,355 | 13,402,040 | +618,685 | 0.08 | 0.07 | -0.00 | buy |
| EAGLE CAPITAL MANAGEMENT LLC | 10,575,210 | 11,251,478 | +676,268 | 2.66 | 2.63 | -0.03 | buy |
| Bank of New York Mellon Corp | 12,235,521 | 11,132,950 | -1,102,571 | 0.15 | 0.13 | -0.02 | sell |
| MORGAN STANLEY | 10,583,197 | 11,021,142 | +437,945 | 0.06 | 0.05 | -0.00 | buy |
| Aequim Alternative Investments LP | 8,000,000 | 8,000,000 | 0 | 12.81 | 11.98 | -0.83 | hold |
| BANK OF AMERICA CORP /DE/ | 7,416,762 | 7,361,138 | -55,624 | 0.05 | 0.04 | -0.00 | sell |
| DIMENSIONAL FUND ADVISORS LP | 7,383,783 | 7,356,155 | -27,628 | 0.13 | 0.12 | -0.01 | sell |
| NORTHERN TRUST CORP | 6,921,892 | 6,692,310 | -229,582 | 0.08 | 0.07 | -0.01 | sell |
| Smead Capital Management, Inc. | 6,274,936 | 6,506,257 | +231,321 | 6.36 | 6.40 | +0.04 | buy |
| FAIRFAX FINANCIAL HOLDINGS LTD/ CAN | 6,020,418 | 6,020,418 | 0 | 31.84 | 32.05 | +0.22 | hold |
| MFN Partners Management, LP | 5,690,600 | 5,690,600 | 0 | 6.96 | 7.94 | +0.98 | hold |
| Invesco Ltd. | 4,653,953 | 4,332,268 | -321,685 | 0.06 | 0.06 | -0.01 | sell |
| Hudson Bay Capital Management LP | 4,110,100 | 4,110,100 | 0 | 1.55 | 1.27 | -0.28 | hold |
| Legal & General Group Plc | 4,145,228 | 4,109,858 | -35,370 | 0.08 | 0.07 | -0.00 | sell |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 3,782,796 | 3,909,067 | +126,271 | 0.06 | 0.05 | -0.01 | buy |
| AMERICAN CENTURY COMPANIES INC | 3,175,237 | 3,707,555 | +532,318 | 0.13 | 0.14 | +0.01 | buy |
| Adams Asset Advisors, LLC | 3,583,935 | 3,567,150 | -16,785 | 30.13 | 29.32 | -0.81 | sell |
| JPMORGAN CHASE & CO | 3,487,054 | 3,538,908 | +51,854 | 0.02 | 0.02 | -0.00 | buy |
| ALLIANCEBERNSTEIN L.P. | 2,730,718 | 3,324,760 | +594,042 | 0.06 | 0.07 | +0.01 | buy |
| UBS Group AG | 2,449,215 | 2,762,504 | +313,289 | 0.05 | 0.05 | +0.00 | buy |
| GOLDMAN SACHS GROUP INC | 3,079,102 | 2,624,581 | -454,521 | 0.04 | 0.03 | -0.01 | sell |
| Amundi | 2,339,596 | 2,430,466 | +90,870 | 0.07 | 0.06 | -0.01 | buy |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 1,788,203 | 2,310,636 | +522,433 | 0.04 | 0.04 | +0.00 | buy |
| JANUS HENDERSON GROUP PLC | 2,838,767 | 2,304,794 | -533,973 | 0.10 | 0.08 | -0.02 | sell |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 380,378 | 2,246,251 | +1,865,873 | 0.04 | 0.25 | +0.21 | buy |
| BANK OF MONTREAL /CAN/ | 2,045,014 | 2,075,273 | +30,259 | 0.04 | 0.04 | -0.00 | buy |
| TWO SIGMA INVESTMENTS, LP | 3,611,365 | 1,992,241 | -1,619,124 | 0.58 | 0.30 | -0.28 | sell |
| Swiss National Bank | 1,971,114 | 1,968,414 | -2,700 | 0.09 | 0.09 | -0.00 | sell |
| ROYAL BANK OF CANADA | 1,876,700 | 1,922,857 | +46,157 | 0.03 | 0.03 | -0.00 | buy |
| HighTower Advisors, LLC | 1,855,575 | 1,892,524 | +36,949 | 0.20 | 0.18 | -0.01 | buy |
| TWO SIGMA ADVISERS, LP | 1,277,700 | 1,766,000 | +488,300 | 0.19 | 0.25 | +0.06 | buy |
| Walleye Capital LLC | 1,667,787 | 1,667,787 | 0 | 0.78 | 0.72 | -0.06 | hold |
| Epoch Investment Partners, Inc. | 1,383,769 | 1,661,231 | +277,462 | 0.40 | 0.48 | +0.08 | buy |
| ANTIPODES PARTNERS Ltd | 2,319,869 | 1,647,144 | -672,725 | 4.77 | 3.77 | -1.00 | sell |
| JANE STREET GROUP, LLC | 1,124,910 | 1,604,442 | +479,532 | 0.09 | 0.11 | +0.02 | buy |
| H&H International Investment, LLC | 1,134,902 | 1,543,102 | +408,200 | 0.52 | 0.58 | +0.07 | buy |
| HSBC HOLDINGS PLC | 1,211,054 | 1,500,596 | +289,542 | 0.06 | 0.06 | +0.00 | buy |
| Himalaya Capital Management LLC | 0 | 1,466,500 | +1,466,500 | 0.00 | 3.61 | +3.61 | buy |
| Sumitomo Mitsui Trust Group, Inc. | 1,583,686 | 1,459,129 | -124,557 | 0.07 | 0.07 | -0.00 | sell |
| COOKE & BIELER LP | 946,891 | 1,450,064 | +503,173 | 0.57 | 0.88 | +0.31 | buy |
| National Pension Service | 1,413,850 | 1,422,915 | +9,065 | 0.11 | 0.10 | -0.01 | buy |
| BARCLAYS PLC | 1,747,183 | 1,416,755 | -330,428 | 0.05 | 0.04 | -0.01 | sell |
| Neuberger Berman Group LLC | 574,795 | 1,386,083 | +811,288 | 0.03 | 0.07 | +0.04 | buy |
| HRT FINANCIAL LP | 125,307 | 1,160,256 | +1,034,949 | 0.05 | 0.41 | +0.36 | buy |
| RHUMBLINE ADVISERS | 1,179,744 | 1,155,762 | -23,982 | 0.07 | 0.07 | -0.01 | sell |
| CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM | 1,193,983 | 1,125,040 | -68,943 | 0.05 | 0.05 | -0.00 | sell |
| WELLS FARGO & COMPANY/MN | 1,020,963 | 1,094,166 | +73,203 | 0.02 | 0.02 | +0.00 | buy |
| DEUTSCHE BANK AG\ | 1,045,387 | 1,091,807 | +46,420 | 0.03 | 0.03 | -0.00 | buy |
| Warberg Asset Management LLC | 1,019,149 | 1,029,832 | +10,683 | 10.34 | 11.26 | +0.92 | buy |
| Sarasin & Partners LLP | 0 | 1,013,482 | +1,013,482 | 0.00 | 0.57 | +0.57 | buy |
| FIRST TRUST ADVISORS LP | 986,289 | 997,821 | +11,532 | 0.07 | 0.06 | -0.00 | buy |
| PRICE T ROWE ASSOCIATES INC /MD/ | 904,081 | 934,460 | +30,379 | 0.01 | 0.01 | -0.00 | buy |
| TD ASSET MANAGEMENT INC | 751,025 | 885,010 | +133,985 | 0.05 | 0.05 | +0.01 | buy |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 908,260 | 881,339 | -26,921 | 0.07 | 0.07 | -0.01 | sell |
| Mitsubishi UFJ Asset Management Co., Ltd. | 777,541 | 874,488 | +96,947 | 0.07 | 0.07 | -0.00 | buy |
| 683 Capital Management, LLC | 854,600 | 854,600 | 0 | 3.76 | 3.69 | -0.07 | hold |
| AVIVA PLC | 675,934 | 830,536 | +154,602 | 0.14 | 0.15 | +0.00 | buy |
| ROYAL LONDON ASSET MANAGEMENT LTD | 1,011,282 | 822,037 | -189,245 | 0.16 | 0.13 | -0.03 | sell |
| Perigon Wealth Management, LLC | 815,017 | 815,115 | +98 | 1.61 | 1.49 | -0.12 | buy |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | 968,178 | 811,793 | -156,385 | 0.14 | 0.10 | -0.04 | sell |
| NOMURA HOLDINGS INC | 1,018,890 | 768,568 | -250,322 | 0.54 | 0.31 | -0.23 | sell |
| NEW YORK STATE COMMON RETIREMENT FUND | 809,967 | 745,337 | -64,630 | 0.07 | 0.06 | -0.01 | sell |
| CITIGROUP INC | 530,745 | 744,415 | +213,670 | 0.04 | 0.05 | +0.01 | buy |
| PRINCIPAL FINANCIAL GROUP INC | 730,828 | 722,720 | -8,108 | 0.03 | 0.03 | -0.00 | sell |
| ENVESTNET ASSET MANAGEMENT INC | 702,114 | 708,525 | +6,411 | 0.02 | 0.02 | -0.00 | buy |
| BNP PARIBAS FINANCIAL MARKETS | 1,331,672 | 707,186 | -624,486 | 0.11 | 0.05 | -0.06 | sell |
| SCHARF INVESTMENTS, LLC | 0 | 678,161 | +678,161 | 0.00 | 1.22 | +1.22 | buy |
| ARISTEIA CAPITAL, L.L.C. | 828,603 | 647,012 | -181,591 | 1.53 | 0.99 | -0.54 | sell |
| SEI INVESTMENTS CO | 646,290 | 617,337 | -28,953 | 0.06 | 0.06 | -0.01 | sell |
| AMERIPRISE FINANCIAL INC | 623,999 | 607,707 | -16,292 | 0.01 | 0.01 | -0.00 | sell |
| Brandywine Global Investment Management, LLC | 463,244 | 607,477 | +144,233 | 0.22 | 0.29 | +0.07 | buy |
| Fisher Asset Management, LLC | 606,825 | 606,464 | -361 | 0.02 | 0.02 | -0.00 | sell |
| CITADEL ADVISORS LLC | 641,370 | 593,535 | -47,835 | 0.04 | 0.04 | -0.00 | sell |
| LPL Financial LLC | 591,224 | 593,214 | +1,990 | 0.02 | 0.02 | -0.00 | buy |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM | 587,174 | 566,427 | -20,747 | 0.08 | 0.08 | -0.00 | sell |
| Squarepoint Ops LLC | 1,525,225 | 540,518 | -984,707 | 0.41 | 0.13 | -0.28 | sell |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 525,467 | 527,412 | +1,945 | 0.03 | 0.03 | -0.00 | buy |
| NORDEA INVESTMENT MANAGEMENT AB | 491,805 | 519,739 | +27,934 | 0.04 | 0.04 | +0.00 | buy |
| Hosking Partners LLP | 271,306 | 499,499 | +228,193 | 0.65 | 1.17 | +0.51 | buy |
| Privium Fund Management B.V. | 496,207 | 496,207 | 0 | 5.71 | 5.13 | -0.58 | hold |
| VOYA INVESTMENT MANAGEMENT LLC | 579,882 | 468,664 | -111,218 | 0.04 | 0.03 | -0.01 | sell |
| Adams Asset Advisors, LLC | 468,580 | 468,357 | -223 | 2.61 | 2.51 | -0.10 | sell |
| TWINBEECH CAPITAL LP | 0 | 465,549 | +465,549 | 0.00 | 0.58 | +0.58 | buy |
| BOOTHBAY FUND MANAGEMENT, LLC | 438,997 | 438,997 | 0 | 0.79 | 0.84 | +0.05 | hold |
| PRUDENTIAL FINANCIAL INC | 516,207 | 430,364 | -85,843 | 0.05 | 0.04 | -0.01 | sell |
| LOS ANGELES CAPITAL MANAGEMENT LLC | 4,483 | 424,962 | +420,479 | 0.00 | 0.10 | +0.09 | buy |
| Korea Investment CORP | 813,179 | 422,885 | -390,294 | 0.13 | 0.07 | -0.07 | sell |
| MILLENNIUM MANAGEMENT LLC | 1,243,907 | 420,135 | -823,772 | 0.07 | 0.02 | -0.05 | sell |
| TCTC Holdings, LLC | 397,602 | 400,082 | +2,480 | 0.86 | 0.87 | +0.01 | buy |
| TOCQUEVILLE ASSET MANAGEMENT L.P. | 432,087 | 394,460 | -37,627 | 0.46 | 0.41 | -0.05 | sell |
| WORLDQUANT MILLENNIUM ADVISORS LLC | 514,897 | 388,790 | -126,107 | 0.41 | 0.22 | -0.19 | sell |
| VICTORY CAPITAL MANAGEMENT INC | 310,637 | 385,387 | +74,750 | 0.02 | 0.02 | +0.00 | buy |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | 417,731 | 379,267 | -38,464 | 1.27 | 0.55 | -0.72 | sell |
| Chevy Chase Trust Holdings, LLC | 364,884 | 363,480 | -1,404 | 0.08 | 0.07 | -0.00 | sell |