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$MAR

Institutional Holdings

50

Top Institutions

Top Institutions

1

Ensign Peak Advisors

660,365 shares

0.40%

% of Portfolio

2

Wellington Management

5,846,736 shares

0.36%

% of Portfolio

3

Invesco

4,273,566 shares

0.21%

% of Portfolio

4

Capital International Investors

3,078,240 shares

0.24%

% of Portfolio

5

Robeco Institutional Asset Management

436,306 shares

0.20%

% of Portfolio

6

Voya Investment Mgmt

552,842 shares

0.19%

% of Portfolio

7

Neuberger Berman

522,467 shares

0.13%

% of Portfolio

8

Dmitry Balyasny - Balyasny Asset Management

309,837 shares

0.13%

% of Portfolio

9

Mitsubishi Ufj Asset Management Co., Ltd.

529,887 shares

0.12%

% of Portfolio

10

SG Americas Securities

341,258 shares

0.12%

% of Portfolio

11

State Street Corp

9,372,729 shares

0.11%

% of Portfolio

12

Geode Capital Management

5,306,225 shares

0.11%

% of Portfolio

13

Legal & General

1,270,302 shares

0.10%

% of Portfolio

14

CalPERS

508,947 shares

0.10%

% of Portfolio

15

Adage Capital Partners

197,025 shares

0.10%

% of Portfolio

16

Larry Fink - BlackRock

15,496,081 shares

0.09%

% of Portfolio

17

Morgan Stanley

4,699,112 shares

0.09%

% of Portfolio

18

Northern Trust Corp

2,170,788 shares

0.09%

% of Portfolio

19

David Solomon - Goldman Sachs

2,395,765 shares

0.09%

% of Portfolio

20

Ken Griffin - Citadel Advisors

1,751,159 shares

0.09%

% of Portfolio

21

Charles Schwab

1,652,056 shares

0.08%

% of Portfolio

22

T. Rowe Price

1,667,249 shares

0.06%

% of Portfolio

23

UBS Group

1,177,197 shares

0.06%

% of Portfolio

24

Renaissance Technologies

108,216 shares

0.06%

% of Portfolio

25

Nuveen

605,081 shares

0.05%

% of Portfolio

26

AllianceBernstein (AB)

474,021 shares

0.05%

% of Portfolio

27

BNP Paribas

302,985 shares

0.05%

% of Portfolio

28

PNC Financial Services

423,072 shares

0.08%

% of Portfolio

29

Mike Hankin - Brown Advisory INC

88,213 shares

0.05%

% of Portfolio

30

Janus Henderson Group

248,574 shares

0.04%

% of Portfolio

31

David E. Shaw - D.E. Shaw & Co.

205,897 shares

0.04%

% of Portfolio

32

Israel Englander - Millennium Management

210,346 shares

0.03%

% of Portfolio

33

Franklin Resources

217,516 shares

0.02%

% of Portfolio

34

Steve Cohen - Point72 Asset Management

45,820 shares

0.02%

% of Portfolio

35

Cliff Asness - AQR Capital Management

77,352 shares

0.01%

% of Portfolio

36

Fidelity International (FIL)

36,980 shares

0.01%

% of Portfolio

37

Jane Street Group

22,618 shares

NaN%

% of Portfolio

38

Canada Pension Plan Investment Board

4,782 shares

NaN%

% of Portfolio

39

Lazard Asset Management

1,195 shares

NaN%

% of Portfolio

40

Ken Fisher - Fisher Asset Management

2,761 shares

NaN%

% of Portfolio

41

Jennison Associates

755 shares

NaN%

% of Portfolio

42

Jan van Eck - VanEck

216 shares

NaN%

% of Portfolio

43

Terry Smith - Fundsmith

3,370,872 shares

8.59%

% of Portfolio

44

First Pacific Advisors

232,754 shares

1.07%

% of Portfolio

45

New York State Teachers Retirement System

176,501 shares

0.12%

% of Portfolio

46

New York Life Invest

32,964 shares

0.09%

% of Portfolio

47

Joel Greenblatt - Gotham Asset Management

73,763 shares

0.07%

% of Portfolio

48

Verition Fund Management LLC

21,940 shares

0.05%

% of Portfolio

49

Tom Gayner - Markel Group

93,750 shares

0.26%

% of Portfolio

50

Macquarie Group LTD

21,249 shares

0.04%

% of Portfolio

Institutional InsightPRO

Scale Distribution

MEGA

39%

LARGE

33%

MEDIUM

17%

SMALL

11%

Geographic Distribution

North America
69%
Europe
23%
Asia Pacific
14%
Other
5%

Institutional Activity

Buyers

34

Sellers

28

Holders

62

New

9

Exited

7

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Insider TradingPRO

Trading Statistics

Insider Buyers

12

Insider Sellers

28

Purchase Value

$35.1M

Role Distribution

CEO
24%
CFO
19%
Director
36%
VP
12%
Other
5%
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RatingPRO

84

A-

Overall Score

Strong institutional support with positive momentum

Rating Dimensions

Institutional Ownership
89
Recent Activity
68
Concentration
57
Momentum
81
Stability
82

Recent Actions

New

9

Increased

23

Decreased

20

Exited

6

Total

50

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