| Fund | Previous Shares | Current Shares ▲▼ | Change in Shares ▲▼ | Previous Portfolio Weightage (%) | Current Portfolio Weightage (%) ▲▼ | Change in Weight (%) ▲▼ | Type |
|---|---|---|---|---|---|---|---|
| VANGUARD GROUP INC | 2,355,286 | 2,335,622 | -19,664 | 0.00 | 0.00 | -0.00 | sell |
| Capital World Investors | 1,606,607 | 1,606,607 | 0 | 0.02 | 0.02 | -0.01 | hold |
| BIGLARI CAPITAL CORP. | 1,073,883 | 1,073,883 | 0 | 12.92 | 9.85 | -3.06 | hold |
| LSV ASSET MANAGEMENT | 996,472 | 984,392 | -12,080 | 0.18 | 0.14 | -0.04 | sell |
| STATE STREET CORP | 755,981 | 762,552 | +6,571 | 0.00 | 0.00 | -0.00 | buy |
| MACQUARIE GROUP LTD | 630,014 | 613,399 | -16,615 | 0.06 | 0.05 | -0.01 | sell |
| CITADEL ADVISORS LLC | 134,591 | 607,018 | +472,427 | 0.01 | 0.04 | +0.03 | buy |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 370,815 | 562,291 | +191,476 | 0.03 | 0.04 | +0.00 | buy |
| BANK OF AMERICA CORP /DE/ | 437,026 | 533,134 | +96,108 | 0.00 | 0.00 | -0.00 | buy |
| DIMENSIONAL FUND ADVISORS LP | 507,203 | 504,072 | -3,131 | 0.01 | 0.01 | -0.00 | sell |
| Allspring Global Investments Holdings, LLC | 499,987 | 496,741 | -3,246 | 0.07 | 0.05 | -0.01 | sell |
| GEODE CAPITAL MANAGEMENT, LLC | 439,875 | 441,664 | +1,789 | 0.00 | 0.00 | -0.00 | buy |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 347,303 | 349,118 | +1,815 | 0.01 | 0.01 | -0.00 | buy |
| MORGAN STANLEY | 253,657 | 319,664 | +66,007 | 0.00 | 0.00 | -0.00 | buy |
| T. Rowe Price Investment Management, Inc. | 718,952 | 310,604 | -408,348 | 0.04 | 0.01 | -0.03 | sell |
| EMERALD ADVISERS, LLC | 251,618 | 253,630 | +2,012 | 0.88 | 0.70 | -0.18 | buy |
| Bank of New York Mellon Corp | 238,082 | 226,617 | -11,465 | 0.00 | 0.00 | -0.00 | sell |
| EARNEST PARTNERS LLC | 297,118 | 218,558 | -78,560 | 0.12 | 0.07 | -0.05 | sell |
| NORTHERN TRUST CORP | 223,705 | 208,182 | -15,523 | 0.00 | 0.00 | -0.00 | sell |
| EMERALD MUTUAL FUND ADVISERS TRUST | 206,561 | 206,561 | 0 | 0.89 | 0.74 | -0.16 | hold |
| GOLDMAN SACHS GROUP INC | 125,208 | 157,440 | +32,232 | 0.00 | 0.00 | +0.00 | buy |
| VICTORY CAPITAL MANAGEMENT INC | 137,037 | 154,244 | +17,207 | 0.01 | 0.01 | -0.00 | buy |
| MILLENNIUM MANAGEMENT LLC | 279,234 | 148,837 | -130,397 | 0.02 | 0.01 | -0.01 | sell |
| BNP Paribas Asset Management Holding S.A. | 113,303 | 137,073 | +23,770 | 0.03 | 0.02 | -0.00 | buy |
| Qube Research & Technologies Ltd | 59,979 | 121,647 | +61,668 | 0.01 | 0.02 | +0.00 | buy |
| UBS Group AG | 105,203 | 119,330 | +14,127 | 0.00 | 0.00 | -0.00 | buy |
| PRINCIPAL FINANCIAL GROUP INC | 113,249 | 115,564 | +2,315 | 0.01 | 0.00 | -0.00 | buy |
| NORGES BANK | 74,881 | 111,710 | +36,829 | 0.00 | 0.00 | +0.00 | buy |
| Clearline Capital LP | 0 | 105,795 | +105,795 | 0.00 | 0.72 | +0.72 | buy |
| Northern Right Capital Management, L.P. | 0 | 102,672 | +102,672 | 0.00 | 2.54 | +2.54 | buy |
| Woodline Partners LP | 114,256 | 95,157 | -19,099 | 0.10 | 0.06 | -0.04 | sell |
| ARMISTICE CAPITAL, LLC | 0 | 95,000 | +95,000 | 0.00 | 0.17 | +0.17 | buy |
| JPMORGAN CHASE & CO | 90,497 | 94,360 | +3,863 | 0.00 | 0.00 | -0.00 | buy |
| Allianz Asset Management GmbH | 97,979 | 93,861 | -4,118 | 0.01 | 0.01 | -0.00 | sell |
| Invesco Ltd. | 96,879 | 93,372 | -3,507 | 0.00 | 0.00 | -0.00 | sell |
| ENVESTNET ASSET MANAGEMENT INC | 92,323 | 92,911 | +588 | 0.00 | 0.00 | -0.00 | buy |
| MARSHALL WACE, LLP | 49,355 | 87,173 | +37,818 | 0.01 | 0.01 | +0.00 | buy |
| Lighthouse Investment Partners, LLC | 139,950 | 77,040 | -62,910 | 0.83 | 0.24 | -0.59 | sell |
| Phocas Financial Corp. | 76,898 | 74,862 | -2,036 | 0.83 | 0.02 | -0.81 | sell |
| IPG Investment Advisors LLC | 66,995 | 74,105 | +7,110 | 1.09 | 1.11 | +0.01 | buy |
| Cubist Systematic Strategies, LLC | 30,834 | 72,937 | +42,103 | 0.03 | 0.06 | +0.03 | buy |
| WELLS FARGO & COMPANY/MN | 71,289 | 71,218 | -71 | 0.00 | 0.00 | -0.00 | sell |
| CITIGROUP INC | 19,853 | 65,493 | +45,640 | 0.00 | 0.00 | +0.00 | buy |
| BARCLAYS PLC | 31,826 | 63,668 | +31,842 | 0.00 | 0.00 | +0.00 | buy |
| BIGLARI, SARDAR | 63,417 | 63,417 | 0 | 18.03 | 14.12 | -3.90 | hold |
| Campbell & CO Investment Adviser LLC | 0 | 62,982 | +62,982 | 0.00 | 0.37 | +0.37 | buy |
| RHUMBLINE ADVISERS | 62,520 | 60,759 | -1,761 | 0.01 | 0.00 | -0.00 | sell |
| AMERIPRISE FINANCIAL INC | 66,888 | 60,652 | -6,236 | 0.00 | 0.00 | -0.00 | sell |
| Legal & General Group Plc | 58,072 | 57,038 | -1,034 | 0.00 | 0.00 | -0.00 | sell |
| DEUTSCHE BANK AG\ | 53,925 | 53,507 | -418 | 0.00 | 0.00 | -0.00 | sell |
| MAVERICK CAPITAL LTD | 37,184 | 46,884 | +9,700 | 0.06 | 0.06 | -0.00 | buy |
| PANAGORA ASSET MANAGEMENT INC | 60,164 | 40,508 | -19,656 | 0.03 | 0.01 | -0.01 | sell |
| PUBLIC SECTOR PENSION INVESTMENT BOARD | 41,728 | 40,088 | -1,640 | 0.03 | 0.02 | -0.01 | sell |
| Swiss National Bank | 39,700 | 39,000 | -700 | 0.00 | 0.00 | -0.00 | sell |
| Aquatic Capital Management LLC | 2,400 | 35,900 | +33,500 | 0.01 | 0.08 | +0.08 | buy |
| FIRST TRUST ADVISORS LP | 17,957 | 35,690 | +17,733 | 0.00 | 0.00 | +0.00 | buy |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM | 36,861 | 34,632 | -2,229 | 0.01 | 0.00 | -0.00 | sell |
| Holocene Advisors, LP | 18,939 | 34,364 | +15,425 | 0.01 | 0.01 | +0.00 | buy |
| Squarepoint Ops LLC | 127,557 | 34,082 | -93,475 | 0.04 | 0.01 | -0.03 | sell |
| CAPSTONE INVESTMENT ADVISORS, LLC | 16,088 | 34,022 | +17,934 | 0.02 | 0.04 | +0.02 | buy |
| Bridge City Capital, LLC | 30,905 | 31,951 | +1,046 | 0.98 | 0.80 | -0.18 | buy |
| Schonfeld Strategic Advisors LLC | 0 | 29,110 | +29,110 | 0.00 | 0.02 | +0.02 | buy |
| STIFEL FINANCIAL CORP | 22,067 | 27,581 | +5,514 | 0.00 | 0.00 | -0.00 | buy |
| JANE STREET GROUP, LLC | 79,729 | 26,990 | -52,739 | 0.01 | 0.00 | -0.01 | sell |
| ALLIANCEBERNSTEIN L.P. | 28,807 | 25,886 | -2,921 | 0.00 | 0.00 | -0.00 | sell |
| NEW YORK STATE COMMON RETIREMENT FUND | 25,743 | 25,733 | -10 | 0.00 | 0.00 | -0.00 | sell |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | 41,998 | 23,668 | -18,330 | 0.31 | 0.14 | -0.16 | sell |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 22,691 | 22,691 | 0 | 0.00 | 0.00 | -0.00 | hold |
| PRUDENTIAL FINANCIAL INC | 24,618 | 22,349 | -2,269 | 0.00 | 0.00 | -0.00 | sell |
| ROYAL BANK OF CANADA | 20,759 | 20,351 | -408 | 0.00 | 0.00 | -0.00 | sell |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 21,251 | 19,739 | -1,512 | 0.00 | 0.00 | -0.00 | sell |
| Dynamic Technology Lab Private Ltd | 23,188 | 19,459 | -3,729 | 0.20 | 0.14 | -0.06 | sell |
| CANADA LIFE ASSURANCE Co | 17,696 | 18,486 | +790 | 0.00 | 0.00 | -0.00 | buy |
| Engineers Gate Manager LP | 16,787 | 18,240 | +1,453 | 0.04 | 0.03 | -0.01 | buy |
| BNP PARIBAS FINANCIAL MARKETS | 16,542 | 17,581 | +1,039 | 0.00 | 0.00 | -0.00 | buy |
| TWINBEECH CAPITAL LP | 9,358 | 17,400 | +8,042 | 0.01 | 0.02 | +0.01 | buy |
| THRIVENT FINANCIAL FOR LUTHERANS | 17,958 | 17,006 | -952 | 0.00 | 0.00 | -0.00 | sell |
| TEXAS PERMANENT SCHOOL FUND CORP | 17,271 | 16,641 | -630 | 0.01 | 0.01 | -0.00 | sell |
| Verition Fund Management LLC | 46,102 | 16,011 | -30,091 | 0.04 | 0.01 | -0.03 | sell |
| PRICE T ROWE ASSOCIATES INC /MD/ | 15,270 | 15,914 | +644 | 0.00 | 0.00 | -0.00 | buy |
| Ensign Peak Advisors, Inc | 14,599 | 13,898 | -701 | 0.00 | 0.00 | -0.00 | sell |
| Y-Intercept (Hong Kong) Ltd | 0 | 12,342 | +12,342 | 0.00 | 0.06 | +0.06 | buy |
| State of Alaska, Department of Revenue | 12,371 | 11,914 | -457 | 0.01 | 0.01 | -0.00 | sell |
| Quinn Opportunity Partners LLC | 0 | 11,435 | +11,435 | 0.00 | 0.09 | +0.09 | buy |
| Illinois Municipal Retirement Fund | 11,101 | 11,378 | +277 | 0.02 | 0.01 | -0.00 | buy |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 30,553 | 11,073 | -19,480 | 0.00 | 0.00 | -0.00 | sell |
| Alberta Investment Management Corp | 10,850 | 10,850 | 0 | 0.01 | 0.01 | -0.00 | hold |
| HRT FINANCIAL LP | 79,893 | 10,812 | -69,081 | 0.05 | 0.00 | -0.04 | sell |
| FOX RUN MANAGEMENT, L.L.C. | 2,635 | 10,767 | +8,132 | 0.05 | 0.16 | +0.10 | buy |
| AMERICAN INTERNATIONAL GROUP, INC. | 11,025 | 10,628 | -397 | 0.00 | 0.00 | -0.00 | sell |
| MetLife Investment Management, LLC | 10,521 | 10,521 | 0 | 0.01 | 0.00 | -0.00 | hold |
| TD ASSET MANAGEMENT INC | 15,600 | 10,400 | -5,200 | 0.00 | 0.00 | -0.00 | sell |
| Assenagon Asset Management S.A. | 0 | 10,243 | +10,243 | 0.00 | 0.00 | +0.00 | buy |
| JANUS HENDERSON GROUP PLC | 10,187 | 10,185 | -2 | 0.00 | 0.00 | -0.00 | sell |
| AlphaQuest LLC | 118 | 10,109 | +9,991 | 0.00 | 0.12 | +0.12 | buy |
| Louisiana State Employees Retirement System | 10,100 | 9,700 | -400 | 0.02 | 0.01 | -0.00 | sell |
| Teza Capital Management LLC | 7,810 | 9,581 | +1,771 | 0.11 | 0.09 | -0.02 | buy |
| TUDOR INVESTMENT CORP ET AL | 33,603 | 9,520 | -24,083 | 0.04 | 0.01 | -0.03 | sell |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 9,597 | 9,375 | -222 | 0.00 | 0.00 | +0.00 | sell |
| SEI INVESTMENTS CO | 9,491 | 9,148 | -343 | 0.00 | 0.00 | -0.00 | sell |