ARQT · Arcutis Biotherapeutics, Inc.

$23.90 +0.24 (+1.01%) At close · Sep 4

Russell 2000 member Rebalance outlook locked

Market Cap

$2.97B

125.69M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Quarter:

Holders: 271

Total Value: $3,459,625,044

Total Shares: 131,946,094

Showing 1–100 of 278 holdings by value · page 1 of 3

Institutional Ownership Trend

26 quarters

Superinvestors Holding ARQT

All superinvestors →

Joel Greenblatt $499,019

Holder Concentration

Across 271 13F filers · Δ vs Mar 31, 2026

Top Holder

9.4%

+0.1 pts

Top 5

36.2%

+1.6 pts

Top 10

53.9%

+1.2 pts

HHI

383

Broadly held+18

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: +1

Institutional value: +10.6%

Shares held: -0.6%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Mega D. E. Shaw & Co., Inc.	+1,453,387	3,949,609
Mega BlackRock, Inc.	+1,345,055	10,545,466
Mega CITADEL ADVISORS LLC	+1,170,408	1,268,614
Large Polar Capital Holdings Plc	+940,005	6,606,945
Mega BANK OF AMERICA CORP /DE/	+766,142	2,987,431

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Mid GILDER GAGNON HOWE & CO LLC	−2,990,799	1,313,211
Large MARSHALL WACE, LLP	−1,984,912	446,866
Large Driehaus Capital Management LLC	−1,347,603	878,426
Mega JENNISON ASSOCIATES LLC	−761,712	4,219,058
Large Squarepoint Ops LLC	−565,743	537,747

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Mid ORBIMED ADVISORS LLC	2,042,000	$53,541,240
Mega Jupiter Topco LLC	1,410,435	$36,981,605
Small Jones Hill Capital LP	1,089,701	$28,571,960
Mega NORGES BANK	392,300	$10,286,106
Mid Longaeva Partners L.P.	344,796	$9,040,551

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Mega JANUS HENDERSON GROUP PLC	1,854,566	$43,693,574
Mid MPM BIOIMPACT LLC	733,966	$17,292,238
Large M&G PLC	469,082	$11,051,571
Mid ZEVENBERGEN CAPITAL INVESTMENTS LLC	357,490	$8,422,464
Mid Penn Capital Management Company, LLC	333,130	$7,848,542

Filter: New 42 Increased 94 Reduced 99 Sold out 41 Unchanged 36

Showing 100 of 278

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

SUVRETTA CAPITAL MANAGEMENT, LLC

$326,098,140

9.43%

12,437,000

BlackRock, Inc.

$276,502,110

7.99%

10,545,466

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BLACKROCK FINANCIAL MANAGEMENT INC/DE	180,171	$4,724,083	1.7%	Sole
BlackRock Investment Management (Australia) Ltd	171	$4,483	0.0%	Sole
BlackRock Asset Management Canada Ltd	28,362	$743,651	0.3%	Sole
BlackRock Investment Management, LLC	328,759	$8,620,060	3.1%	Sole
BLACKROCK ADVISORS LLC	598,173	$15,684,096	5.7%	Sole
BlackRock Fund Advisors	5,189,285	$136,063,052	49.2%	Sole
BlackRock Institutional Trust Company, N.A.	3,743,165	$98,145,786	35.5%	Sole
BlackRock Japan Co. Ltd	5,252	$137,707	0.0%	Sole
BlackRock Fund Managers Ltd.	23,201	$608,330	0.2%	Sole
BlackRock Investment Management (UK) Ltd.	70,363	$1,844,917	0.7%	Sole
BlackRock (Netherlands) B.V.	1,197	$31,385	0.0%	Sole
BlackRock Asset Management Ireland Ltd	258,068	$6,766,542	2.4%	Sole
BlackRock Life Ltd	1,166	$30,572	0.0%	Sole
BlackRock Asset Management Schweiz AG	17,198	$450,931	0.2%	Sole
Aperio Group, LLC	100,869	$2,644,785	1.0%	Sole
SpiderRock Advisors, LLC	66	$1,730	0.0%	Sole

Frazier Life Sciences Management, L.P.

$258,909,678

7.48%

9,874,511

Rubric Capital Management LP

$216,880,748

6.27%

8,271,577

Polar Capital Holdings Plc

$173,234,097

5.01%

6,606,945

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Polar Capital LLP	6,606,945	$173,234,097	100.0%	Defined

STATE STREET CORP

$152,674,864

4.41%

5,822,840

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STATE STREET GLOBAL ADVISORS EUROPE LIMITED joint	5,822,840	$152,674,864	100.0%	Defined

VANGUARD CAPITAL MANAGEMENT LLC

$130,805,182

3.78%

4,988,756

MORGAN STANLEY

$116,705,585

3.37%

4,451,014

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO INTERNATIONAL PLC	143	$3,749	0.0%	Defined
MORGAN STANLEY & CO. LLC	4,156,700	$108,988,674	93.4%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	101,703	$2,666,652	2.3%	Defined
MORGAN STANLEY SMITH BARNEY LLC	130,595	$3,424,200	2.9%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	61,873	$1,622,310	1.4%	Defined

JENNISON ASSOCIATES LLC

$110,623,700

3.20%

4,219,058

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Prudential Financial Inc	3,299,235	$86,505,941	78.2%	Defined
Prudential Trust Company	919,823	$24,117,759	21.8%	Other

D. E. Shaw & Co., Inc.

$103,558,747

2.99%

3,949,609

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
D. E. SHAW & CO, L.P.	3,097,650	$81,220,383	78.4%	Defined
D. E. Shaw Investment Management, L.L.C. joint	851,959	$22,338,364	21.6%	Defined

UBS Group AG

$87,391,651

2.53%

3,333,015

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	4,908	$128,687	0.1%	Defined
UBS AG	3,318,021	$86,998,510	99.6%	Defined
UBS Switzerland AG	10,086	$264,454	0.3%	Defined

BANK OF AMERICA CORP /DE/

$78,330,439

2.26%

2,987,431

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF AMERICA NA	1,263,201	$33,121,130	42.3%	Defined
BOFA SECURITIES, INC.	1,484,841	$38,932,531	49.7%	Defined
MANAGED ACCOUNT ADVISORS LLC joint	239,389	$6,276,778	8.0%	Defined

GEODE CAPITAL MANAGEMENT, LLC

$78,199,733

2.26%

2,982,446

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GEODE CAPITAL MANAGEMENT TRUST COMPANY, LLC	420,851	$11,034,713	14.1%	Defined
Held directly	2,561,595	$67,165,020	85.9%	Defined

VANGUARD PORTFOLIO MANAGEMENT LLC

$63,688,511

1.84%

2,429,005

ORBIMED ADVISORS LLC

$53,541,240

1.55%

2,042,000

FRANKLIN RESOURCES INC

$50,630,346

1.46%

1,930,982

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
FIDUCIARY TRUST INTERNATIONAL LLC	240	$6,292	0.0%	Defined
FRANKLIN ADVISERS INC	1,930,480	$50,617,185	100.0%	Defined
Franklin Templeton International Services S.a r.l	262	$6,869	0.0%	Defined

AMERICAN CENTURY COMPANIES INC

$50,474,312

1.46%

1,925,031

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
AMERICAN CENTURY INVESTMENT MANAGEMENT INC	1,925,031	$50,474,312	100.0%	Defined

GOLDMAN SACHS GROUP INC

$43,744,582

1.26%

1,668,367

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	1,089,169	$28,558,011	65.3%	Defined
GOLDMAN SACHS ASSET MANAGEMENT, L.P.	563,201	$14,767,130	33.8%	Defined
Goldman Sachs Trust Company, N.A.	15,997	$419,441	1.0%	Defined

Jupiter Topco LLC

$36,981,605

1.07%

1,410,435

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
JANUS HENDERSON INVESTORS UK Ltd	45,100	$1,182,522	3.2%	Defined
JANUS HENDERSON INVESTORS US LLC	1,365,335	$35,799,083	96.8%	Defined

OBERWEIS ASSET MANAGEMENT INC/

$35,998,513

1.04%

1,372,941

GILDER GAGNON HOWE & CO LLC

$34,432,392

1.00%

1,313,211

GW&K Investment Management, LLC

$33,771,831

0.98%

1,288,018

Pivotal bioVenture Partners Investment Advisor LLC

$33,175,720

0.96%

1,265,283

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Pivotal bioVenture Partners Fund I U.G.P. Ltd	1,265,283	$33,175,720	100.0%	Defined

BAMCO INC /NY/

$32,856,806

0.95%

1,253,120

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BARON CAPITAL MANAGEMENT INC /NY/ joint	1,253,120	$32,856,806	100.0%	Defined

CITADEL ADVISORS LLC

$30,415,566

0.88%

1,160,014

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	24,753	$649,023	2.1%	Defined
Held directly	1,135,261	$29,766,543	97.9%	Defined

FEDERATED HERMES, INC.

$29,487,771

0.85%

1,124,629

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
FEDERATED EQUITY MANAGEMENT CO OF PENNSYLVANIA	74,459	$1,952,314	6.6%	Defined
FEDERATED MDTA LLC	1,050,170	$27,535,457	93.4%	Defined

Perpetual Ltd

$29,095,206

0.84%

1,109,657

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
J O HAMBRO CAPITAL MANAGEMENT LTD	1,054,264	$27,642,802	95.0%	Defined
JOHCM (USA) Inc	55,393	$1,452,404	5.0%	Defined

Aberdeen Group plc

$28,800,336

0.83%

1,098,411

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
abrdn Inc.	1,092,123	$28,635,465	99.4%	Defined
Held directly	6,288	$164,871	0.6%	Defined

Jones Hill Capital LP

$28,571,960

0.83%

1,089,701

NORTHERN TRUST CORP

$27,755,834

0.80%

1,058,575

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NORTHERN TRUST CO joint	978,600	$25,658,891	92.4%	Defined
NORTHERN TRUST GLOBAL INVESTMENTS LTD	62,227	$1,631,591	5.9%	Defined
DWS INVESTMENT MANAGEMENT AMERICAS, INC joint	17,748	$465,352	1.7%	Other

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$27,555,489

0.80%

1,050,934

Ensign Peak Advisors, Inc

$25,552,281

0.74%

974,534

Candriam S.C.A.

$24,904,778

0.72%

949,839

Driehaus Capital Management LLC

$23,032,329

0.67%

878,426

Nuveen, LLC

$21,874,322

0.63%

834,261

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Nuveen Asset Management, LLC joint	48,426	$1,269,729	5.8%	Defined
TIAA CREF INVESTMENT MANAGEMENT LLC joint	190,028	$4,982,534	22.8%	Defined
TEACHERS ADVISORS, LLC joint	595,807	$15,622,059	71.4%	Defined

VANGUARD FIDUCIARY TRUST CO

$21,372,918

0.62%

815,138

MANUFACTURERS LIFE INSURANCE COMPANY, THE

$21,284,137

0.62%

811,752

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MANULIFE FINANCIAL CORP joint	811,752	$21,284,137	100.0%	Defined

TWO SIGMA INVESTMENTS, LP

$17,406,854

0.50%

663,877

FISHMAN JAY A LTD/MI

$15,601,031

0.45%

595,005

MILLENNIUM MANAGEMENT LLC

$14,789,967

0.43%

564,072

BNP PARIBAS ARBITRAGE, SA

$14,349,629

0.41%

547,278

Squarepoint Ops LLC

$14,099,726

0.41%

537,747

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Squarepoint Capital LLP	537,747	$14,099,726	100.0%	Defined

CAPITOLIS LIQUID GLOBAL MARKETS LLC

$13,110,000

0.38%

500,000

Nearwater Capital Markets, Ltd

$12,761,274

0.37%

486,700

ADAGE CAPITAL PARTNERS GP, L.L.C.

$12,218,520

0.35%

466,000

MARSHALL WACE, LLP

$11,716,826

0.34%

446,866

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Marshall Wace North America L.P. joint	446,866	$11,716,826	100.0%	Other

Privium Fund Management B.V.

$10,471,402

0.30%

399,367

NORGES BANK

$10,286,106

0.30%

392,300

DEUTSCHE BANK AG\

$10,033,920

0.29%

382,682

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
DWS INVESTMENT MANAGEMENT AMERICAS, INC	8,062	$211,385	2.1%	Defined
DWS Investments UK Ltd	370,825	$9,723,031	96.9%	Defined
DWS International GmbH	3,795	$99,504	1.0%	Defined

Patient Square Capital LP

$9,701,400

0.28%

370,000

Point72 Asset Management, L.P.

$9,503,412

0.27%

362,449

Qube Research & Technologies Ltd

$9,482,777

0.27%

361,662

Longaeva Partners L.P.

$9,040,551

0.26%

344,796

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Balyasny Asset Management L.P.	344,796	$9,040,551	100.0%	Other

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$8,741,748

0.25%

333,400

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	333,400	$8,741,748	100.0%	Other

AQR CAPITAL MANAGEMENT LLC

$8,661,092

0.25%

330,324

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RF&L WEALTH MANAGEMENT, LLC	6	$157	0.0%	Other
Prism Planning Partners LLC	65	$1,704	0.0%	Other
Arax Advisory Partners	3,685	$96,620	1.1%	Other
HALBERT HARGROVE GLOBAL ADVISORS, LLC	1,177	$30,860	0.4%	Other
Stokes Family Office, LLC	874	$22,916	0.3%	Other
Held directly	324,517	$8,508,835	98.2%	Defined

Bank of New York Mellon Corp

$8,655,062

0.25%

330,094

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Mellon Investments Corporation joint	108,820	$2,853,260	33.0%	Defined
The Bank of New York Mellon	207,128	$5,430,896	62.7%	Defined
BNY Mellon, NA joint	4,328	$113,479	1.3%	Defined
BNY Mellon Advisors, Inc. joint	9,816	$257,375	3.0%	Other
Held directly	2	$52	0.0%	Defined

FMR LLC

$8,022,505

0.23%

305,969

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fidelity Management & Research Co LLC	305,166	$8,001,452	99.7%	Defined
STRATEGIC ADVISERS LLC	494	$12,952	0.2%	Defined
FIAM LLC	309	$8,101	0.1%	Defined

AMERIPRISE FINANCIAL INC

$7,761,040

0.22%

295,997

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Columbia Management Investment Advisers, LLC	272,070	$7,133,675	91.9%	Defined
Ameriprise Financial Services, LLC	500	$13,110	0.2%	Defined
Columbia Threadneedle Management Ltd	23,427	$614,255	7.9%	Defined

PEREGRINE CAPITAL MANAGEMENT LLC

$7,641,740

0.22%

291,447

HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND

$7,467,167

0.22%

284,789

FIRST TRUST ADVISORS LP

$7,448,184

0.22%

284,065

Invesco Ltd.

$6,945,859

0.20%

264,907

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Invesco Advisers, Inc. joint	17,870	$468,550	6.7%	Defined
Invesco Trust Co joint	45,539	$1,194,032	17.2%	Defined
Invesco Capital Management LLC	201,498	$5,283,277	76.1%	Defined

Walleye Capital LLC

$6,818,065

0.20%

260,033

Balyasny Asset Management L.P.

$6,374,580

0.18%

243,119

PFM Health Sciences, LP

$6,347,049

0.18%

242,069

MYDA Advisors LLC

$6,292,800

0.18%

240,000

Jump Financial, LLC

$6,174,048

0.18%

235,471

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jump Trading Holdings, LLC	1,745	$45,753	0.7%	Defined
Leap GP LLC joint	233,726	$6,128,295	99.3%	Defined

UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

$6,061,693

0.18%

231,186

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Group AG	3,077	$80,678	1.3%	Defined
UBS Asset Management Switzerland AG	176,114	$4,617,709	76.2%	Defined
UBS Asset Management (UK) Ltd.	35,104	$920,425	15.2%	Defined
Held directly	16,891	$442,881	7.3%	Defined

STATE OF WISCONSIN INVESTMENT BOARD

$6,054,329

0.17%

230,905

Swiss National Bank

$5,873,280

0.17%

224,000

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$5,763,549

0.17%

219,815

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	219,815	$5,763,549	100.0%	Other

JUPITER ASSET MANAGEMENT LTD

$5,309,943

0.15%

202,515

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jupiter Investment Management Limited	75,541	$1,980,685	37.3%	Defined
Held directly	126,974	$3,329,258	62.7%	Sole

Pictet Asset Management Holding SA

$5,251,210

0.15%

200,275

KORNITZER CAPITAL MANAGEMENT INC /KS

$5,235,688

0.15%

199,683

Woodline Partners LP

$5,113,765

0.15%

195,033

Pavaki Capital Management LLC

$4,903,140

0.14%

187,000

PRINCIPAL FINANCIAL GROUP INC

$4,815,617

0.14%

183,662

Cormorant Asset Management, LP

$4,588,500

0.13%

175,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Chen Bihua	175,000	$4,588,500	100.0%	Defined

RHUMBLINE ADVISERS

$4,471,611

0.13%

170,542

Holocene Advisors, LP

$4,293,053

0.12%

163,732

PRICE T ROWE ASSOCIATES INC /MD/

$4,136,939

0.12%

157,778

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
T. Rowe Price International Ltd	157,778	$4,136,939	100.0%	Defined

VOLORIDGE INVESTMENT MANAGEMENT, LLC

$4,127,788

0.12%

157,429

PDT Partners, LLC

$4,066,066

0.12%

155,075

Vontobel Holding Ltd.

$4,018,005

0.12%

153,242

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK VONTOBEL AG	68,242	$1,789,305	44.5%	Defined
Vontobel Swiss Financial Advisers AG	85,000	$2,228,700	55.5%	Defined

CITIGROUP INC

$3,969,549

0.11%

151,394

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citigroup Financial Products Inc. joint	151,394	$3,969,549	100.0%	Defined

LOS ANGELES CAPITAL MANAGEMENT LLC

$3,616,498

0.10%

137,929

ESSEX INVESTMENT MANAGEMENT CO LLC

$3,605,250

0.10%

137,500

CASTLEARK MANAGEMENT LLC

$3,603,152

0.10%

137,420

ALLIANCEBERNSTEIN L.P.

$3,576,224

0.10%

136,393

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Equitable Holdings, Inc.	136,393	$3,576,224	100.0%	Defined

Eversept Partners, LP

$3,549,008

0.10%

135,355

LAZARD ASSET MANAGEMENT LLC

$3,491,088

0.10%

133,146

TUDOR INVESTMENT CORP ET AL

$3,458,785

0.10%

131,914

CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM

$3,310,484

0.10%

126,258

JANE STREET GROUP, LLC

$3,088,716

0.09%

117,800

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	117,800	$3,088,716	100.0%	Defined

1492 Capital Management LLC

$3,047,052

0.09%

116,211

SEI INVESTMENTS CO

$2,995,713

0.09%

114,253

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SEI INVESTMENTS MANAGEMENT CORP	62	$1,625	0.1%	Sole
SEI TRUST CO	114,191	$2,994,088	99.9%	Sole

Tejara Capital Ltd

$2,965,062

0.09%

113,084

LPL Financial LLC

$2,914,353

0.08%

111,150

WELLS FARGO & COMPANY/MN

$2,860,049

0.08%

109,079

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO BANK N A	104,395	$2,737,236	95.7%	Defined
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	2,755	$72,236	2.5%	Defined
WELLS FARGO CLEARING SERVICES, LLC	1,885	$49,424	1.7%	Defined
WELLS FARGO INVESTMENT INSTITUTE, INC.	44	$1,153	0.0%	Defined

SCHRODER INVESTMENT MANAGEMENT GROUP

$2,736,213

0.08%

104,356

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Schroder Investment Management Limited	103,762	$2,720,639	99.4%	Sole
Schroder Investment Management North America Inc.	594	$15,574	0.6%	Sole

Key facts CIK 1787306 CUSIP 03969K108 13F (30d) 213 filings 209 filers Visit website Investor relations