BRO · Brown & Brown, Inc.

$72.23 -1.08 (-1.47%) At close · Aug 31

S&P 500 member Russell 1000 member Rebalance outlook locked

Market Cap

$24.15B

334.61M

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.

Quarter:

Holders: 808

Total Value: $18,107,772,922

Total Shares: 282,272,689

Showing 1–100 of 816 holdings by value · page 1 of 9

Institutional Ownership Trend

26 quarters

Superinvestors Holding BRO

All superinvestors →

Joel Greenblatt $78,183,582 Francois Rochon $48,323,425 Ray Dalio $1,155,790 Thomas Gayner $898,100

Holder Concentration

Across 808 13F filers · Δ vs Mar 31, 2026

Top Holder

7.8%

−0.0 pts

Top 5

31.8%

−0.1 pts

Top 10

51.5%

+0.5 pts

HHI

326

Broadly held+8

Quarterly Activity

vs Mar 31, 2026

New

126

Increased

317

Decreased

275

Sold Out

135

Unchanged

Holder count: -9

Institutional value: -0.5%

Shares held: +1.1%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Large First Eagle Investment Management, LLC	+2,904,352	11,727,514
Mega FMR LLC	+2,355,053	18,405,749
Mega GOLDMAN SACHS GROUP INC	+1,356,430	3,637,032
Mega AQR CAPITAL MANAGEMENT LLC	+897,155	963,777
Large VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V.	+837,827	6,709,042

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Large Select Equity Group, L.P.	−3,129,623	4,892,500
Mega BARCLAYS PLC	−2,908,842	770,928
Large Allspring Global Investments Holdings, LLC	−2,526,044	18,842
Mega Capital World Investors	−2,028,007	14,465,915
Mega Capital International Investors	−1,808,172	802,328

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Large Orbis Allan Gray Ltd	5,371,080	$344,554,780
Mega NORGES BANK	4,396,401	$282,029,124
Large CAPITOLIS LIQUID GLOBAL MARKETS LLC	503,318	$32,287,849
Small ABSHER WEALTH MANAGEMENT, LLC	418,399	$26,840,295
Mid Lighthouse Investment Partners, LLC	236,186	$15,151,331

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Large Verition Fund Management LLC	1,087,074	$70,888,095
Mid OSTERWEIS CAPITAL MANAGEMENT INC	397,311	$25,908,649
Small SPEECE THORSON CAPITAL GROUP INC	144,149	$9,399,956
Mid FORA Capital, LLC	143,923	$9,385,218
Large ExodusPoint Capital Management, LP	137,499	$8,966,309

Filter: New 126 Increased 317 Reduced 275 Sold out 135 Unchanged 90

Showing 100 of 816

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

BlackRock, Inc.

$1,418,571,008

7.83%

22,113,344

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	459,157	$29,454,921	2.1%	Sole
BlackRock Investment Management (Australia) Ltd	202,845	$13,012,506	0.9%	Sole
BlackRock Asset Management Canada Ltd	181,268	$11,628,342	0.8%	Sole
BLACKROCK (SINGAPORE) LTD.	19,391	$1,243,932	0.1%	Sole
BlackRock Asset Management North Asia Ltd	44,249	$2,838,573	0.2%	Sole
BlackRock Investment Management, LLC	473,766	$30,392,088	2.1%	Sole
BLACKROCK ADVISORS LLC	124,758	$8,003,225	0.6%	Sole
BlackRock Fund Advisors	9,179,256	$588,849,272	41.5%	Sole
BlackRock Institutional Trust Company, N.A.	5,986,732	$384,048,857	27.1%	Sole
BlackRock Japan Co. Ltd	296,221	$19,002,577	1.3%	Sole
BlackRock Fund Managers Ltd.	240,995	$15,459,829	1.1%	Sole
BlackRock Investment Management (UK) Ltd.	873,457	$56,032,266	3.9%	Sole
BlackRock (Netherlands) B.V.	656,478	$42,113,063	3.0%	Sole
BlackRock Asset Management Ireland Ltd	2,356,068	$151,141,762	10.7%	Sole
BlackRock Advisors (UK) Ltd	66,514	$4,266,873	0.3%	Sole
BlackRock (Luxembourg) S.A.	17,046	$1,093,500	0.1%	Sole
BlackRock Life Ltd	59,123	$3,792,740	0.3%	Sole
BlackRock Asset Management Schweiz AG	11,537	$740,098	0.1%	Sole
Aperio Group, LLC	864,329	$55,446,705	3.9%	Sole
SpiderRock Advisors, LLC	154	$9,879	0.0%	Sole

VANGUARD CAPITAL MANAGEMENT LLC

$1,215,078,749

6.71%

18,941,212

FMR LLC

$1,180,728,797

6.52%

18,405,749

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	9,088,805	$583,046,840	49.4%	Defined
STRATEGIC ADVISERS LLC	5,697,035	$365,464,795	31.0%	Defined
Fidelity Institutional Asset Management Trust Co	398,000	$25,531,700	2.2%	Defined
FIAM LLC	3,204,902	$205,594,463	17.4%	Defined
Fidelity Diversifying Solutions LLC	17,007	$1,090,999	0.1%	Defined

PRINCIPAL FINANCIAL GROUP INC

$1,008,555,393

5.57%

15,721,830

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

Manager	Shares	Value (USD)	% of position	Discretion
Manager 134	782,400	$50,190,960	5.0%	Defined
Held directly	14,939,430	$958,364,433	95.0%	Defined

VANGUARD PORTFOLIO MANAGEMENT LLC

$938,607,132

5.18%

14,631,444

STATE STREET CORP

$931,080,733

5.14%

14,514,119

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 (JAPAN) CO., LTD. joint	14,514,119	$931,080,733	100.0%	Defined

Capital World Investors

$927,988,447

5.12%

14,465,915

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

Manager	Shares	Value (USD)	% of position	Discretion
CAPITAL GROUP COMPANIES INC joint	14,465,915	$927,988,447	100.0%	Defined

First Eagle Investment Management, LLC

$752,320,022

4.15%

11,727,514

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

Manager	Shares	Value (USD)	% of position	Discretion
FIRST EAGLE SEPARATE ACCOUNT MANAGEMENT, LLC	231,466	$14,848,543	2.0%	Sole
Held directly	11,496,048	$737,471,479	98.0%	Sole

GEODE CAPITAL MANAGEMENT, LLC

$528,001,778

2.92%

8,230,737

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	963,768	$61,825,717	11.7%	Defined
Held directly	7,266,969	$466,176,061	88.3%	Defined

VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V.

$430,385,044

2.38%

6,709,042

Orbis Allan Gray Ltd

$344,554,780

1.90%

5,371,080

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

Manager	Shares	Value (USD)	% of position	Discretion
ORBIS INVESTMENT MANAGEMENT LTD	5,333,379	$342,136,262	99.3%	Defined
Orbis Investment Management (U.S.), L.P.	30,125	$1,932,518	0.6%	Defined
Held directly	7,576	$486,000	0.1%	Defined

Select Equity Group, L.P.

$313,853,875

1.73%

4,892,500

NORGES BANK

$282,029,124

1.56%

4,396,401

DEUTSCHE BANK AG\

$266,940,909

1.47%

4,161,199

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

Manager	Shares	Value (USD)	% of position	Discretion
Deutsche Bank Trust Co Americas	13,292	$852,681	0.3%	Defined
DWS Investment GmbH	3,255,233	$208,823,196	78.2%	Defined
DWS INVESTMENT MANAGEMENT AMERICAS, INC	14,809	$949,997	0.4%	Defined
DEUTSCHE BANK NATIONAL TRUST Co	6,278	$402,733	0.2%	Defined
Deutsche Bank Trust Co Delaware	1,115	$71,526	0.0%	Defined
DEUTSCHE BANK TRUST COMPANY, NATIONAL ASSOCIATION	8,993	$576,900	0.2%	Defined
DWS Investments UK Ltd	750,711	$48,158,110	18.0%	Defined
DBX Advisors LLC	4,242	$272,124	0.1%	Defined
DWS Investments Hong Kong Ltd	14,614	$937,488	0.4%	Defined
DWS International GmbH	91,912	$5,896,154	2.2%	Defined

Invesco Ltd.

$262,904,466

1.45%

4,098,277

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	405,541	$26,015,454	9.9%	Defined
Invesco Trust Co joint	120,411	$7,724,365	2.9%	Defined
Invesco Asset Management (Japan) Limited	6,497	$416,782	0.2%	Defined
Invesco Capital Management LLC	3,530,866	$226,505,053	86.2%	Defined
Invesco Managed Accounts, LLC	34,962	$2,242,812	0.9%	Defined

Capital Research Global Investors

$251,020,361

1.39%

3,913,022

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

Manager	Shares	Value (USD)	% of position	Discretion
CAPITAL GROUP COMPANIES INC joint	3,913,022	$251,020,361	100.0%	Defined

MORGAN STANLEY

$248,242,786

1.37%

3,869,724

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	8,259	$529,814	0.2%	Defined
MORGAN STANLEY & CO. LLC	336,063	$21,558,441	8.7%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	663,281	$42,549,476	17.1%	Defined
MORGAN STANLEY AIP GP LP	124	$7,954	0.0%	Defined
MORGAN STANLEY INVESTMENT MANAGEMENT INC	31,222	$2,002,891	0.8%	Defined
Morgan Stanley Investment Management LTD	7,446	$477,660	0.2%	Defined
MORGAN STANLEY SMITH BARNEY LLC	713,419	$45,765,828	18.4%	Defined
Morgan Stanley Strategic Investments, Inc	16	$1,026	0.0%	Defined
Morgan Stanley Bank, N.A.	179,311	$11,502,800	4.6%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	1,714,854	$110,007,883	44.3%	Defined
EATON VANCE MANAGEMENT	66,503	$4,266,167	1.7%	Defined
Calvert Research & Management	94,070	$6,034,590	2.4%	Defined
ATLANTA CAPITAL MANAGEMENT CO L L C	1,010	$64,791	0.0%	Defined
BOSTON MANAGEMENT & RESEARCH	54,146	$3,473,465	1.4%	Defined

GOLDMAN SACHS GROUP INC

$233,315,600

1.29%

3,637,032

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	352,687	$22,624,871	9.7%	Defined
GOLDMAN SACHS ASSET MANAGEMENT, L.P.	3,233,553	$207,432,424	88.9%	Defined
GOLDMAN SACHS INTERNATIONAL	24,919	$1,598,553	0.7%	Defined
GOLDMAN SACHS WEALTH SERVICES, L.P.	5,576	$357,700	0.2%	Defined
Goldman Sachs Trust Company, N.A.	20,297	$1,302,052	0.6%	Defined

BANK OF AMERICA CORP /DE/

$228,051,387

1.26%

3,554,971

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	1,656,283	$106,250,554	46.6%	Defined
MERRILL LYNCH, PIERCE, FENNER & SMITH INC.	119,175	$7,645,076	3.4%	Defined
BOFA SECURITIES, INC.	209,088	$13,412,995	5.9%	Defined
MERRILL LYNCH INTERNATIONAL	29,367	$1,883,893	0.8%	Defined
U.S. TRUST Co OF DELAWARE	10,209	$654,907	0.3%	Defined
MANAGED ACCOUNT ADVISORS LLC joint	1,530,849	$98,203,962	43.1%	Defined

ROYAL BANK OF CANADA

$222,719,814

1.23%

3,471,860

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

Manager	Shares	Value (USD)	% of position	Discretion
RBC CMA LTD.	1,309	$83,972	0.0%	Defined
RBC Capital Markets, LLC	377,133	$24,193,081	10.9%	Defined
RBC Dominion Securities Inc.	218,439	$14,012,861	6.3%	Defined
RBC Trust Co (Delaware) Ltd	1,510	$96,866	0.0%	Defined
RBC Rochdale, LLC	210	$13,471	0.0%	Defined
RBC Europe Ltd	2,773,705	$177,933,175	79.9%	Defined
BREWIN DOLPHIN WEALTH MANAGEMENT LTD	27,658	$1,774,260	0.8%	Defined
Held directly	71,896	$4,612,128	2.1%	Sole

JPMORGAN CHASE & CO

$198,687,942

1.10%

3,097,240

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

Manager	Shares	Value (USD)	% of position	Discretion
J.P. Morgan Trust Co of Delaware	2,485	$159,412	0.1%	Other
JPMorgan Chase Bank, N.A.	136,850	$8,778,927	4.4%	Other
J.P. Morgan Investment Management Inc.	2,636,668	$169,142,252	85.1%	Defined
J.P. Morgan Securities LLC	21,001	$1,347,214	0.7%	Defined
J.P. Morgan Securities plc	293,743	$18,843,613	9.5%	Defined
JPMorgan Asset Management (UK) Ltd	5,045	$323,636	0.2%	Defined
55I, LLC	591	$37,912	0.0%	Other
J.P. Morgan SE	857	$54,976	0.0%	Defined

WELLS FARGO & COMPANY/MN

$169,470,698

0.94%

2,641,788

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	64,178	$4,117,018	2.4%	Defined
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	1,045,234	$67,051,761	39.6%	Defined
WELLS FARGO CLEARING SERVICES, LLC	1,511,345	$96,952,781	57.2%	Defined
WELLS FARGO DELAWARE TRUST CO, N.A.	641	$41,120	0.0%	Defined
Wells Fargo Securities, LLC	21	$1,347	0.0%	Defined
WELLS FARGO INVESTMENT INSTITUTE, INC.	20,369	$1,306,671	0.8%	Defined

NORTHERN TRUST CORP

$158,432,662

0.87%

2,469,722

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	2,122,021	$136,127,645	85.9%	Defined
NORTHERN TRUST GLOBAL INVESTMENTS LTD	304,973	$19,564,017	12.3%	Defined
Northern Trust Asset Management Australia Pty Ltd	29,127	$1,868,497	1.2%	Defined
Northern Trust Co of Hong Kong Ltd	686	$44,006	0.0%	Defined
DWS INVESTMENT MANAGEMENT AMERICAS, INC joint	12,915	$828,497	0.5%	Other

ProShare Advisors LLC

$154,375,563

0.85%

2,406,478

Fenimore Asset Management Inc

$143,942,528

0.79%

2,243,843

MASSACHUSETTS FINANCIAL SERVICES CO /MA/

$139,167,971

0.77%

2,169,415

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

Manager	Shares	Value (USD)	% of position	Discretion
MFS Institutional Advisors, Inc.	83,171	$5,335,419	3.8%	Defined
MFS Heritage Trust CO	247,630	$15,885,464	11.4%	Defined
Held directly	1,838,614	$117,947,088	84.8%	Sole

Madison Asset Management, LLC

$138,629,561

0.77%

2,161,022

TWO SIGMA INVESTMENTS, LP

$127,903,681

0.71%

1,993,822

NATIXIS ADVISORS, LLC

$122,292,352

0.68%

1,906,350

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

Manager	Shares	Value (USD)	% of position	Discretion
Natixis Investment Managers, L.P.	1,906,350	$122,292,352	100.0%	Defined

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$121,761,254

0.67%

1,898,071

JONES FINANCIAL COMPANIES LLLP

$115,149,442

0.64%

1,795,003

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

Manager	Shares	Value (USD)	% of position	Discretion
Edward D. Jones & Co., L.P.	1,786,763	$114,620,846	99.5%	Sole
Edward Jones Trust Company	8,240	$528,596	0.5%	Sole

Gobi Capital LLC

$114,189,950

0.63%

1,780,046

Polar Capital Holdings Plc

$110,658,750

0.61%

1,725,000

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

Manager	Shares	Value (USD)	% of position	Discretion
Polar Capital LLP	1,725,000	$110,658,750	100.0%	Defined

UBS Group AG

$108,532,239

0.60%

1,691,851

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	86,522	$5,550,386	5.1%	Defined
UBS AG	1,503,536	$96,451,834	88.9%	Defined
UBS Switzerland AG	101,787	$6,529,635	6.0%	Defined
UBS Securities LLC	6	$384	0.0%	Defined

DIMENSIONAL FUND ADVISORS LP

$106,533,005

0.59%

1,660,686

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

Manager	Shares	Value (USD)	% of position	Discretion
Dimensional Fund Advisors Ltd.	23,446	$1,504,060	1.4%	Defined
DFA Australia Ltd.	72,895	$4,676,214	4.4%	Defined
Dimensional Fund Advisors Pte. Ltd.	5,207	$334,029	0.3%	Defined
Dimensional Ireland Ltd	351,178	$22,528,068	21.1%	Defined
Held directly	1,207,960	$77,490,634	72.7%	Sole

VANGUARD FIDUCIARY TRUST CO

$104,862,412

0.58%

1,634,644

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

$95,437,104

0.53%

1,487,718

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

Manager	Shares	Value (USD)	% of position	Discretion
UBS Group AG	150,386	$9,647,261	10.1%	Defined
UBS Asset Management Switzerland AG	433,670	$27,819,930	29.2%	Defined
UBS Asset Management (UK) Ltd.	537,186	$34,460,480	36.1%	Defined
UBS Asset Management Life Ltd.	18,896	$1,212,178	1.3%	Defined
Held directly	347,580	$22,297,255	23.4%	Defined

Bank of New York Mellon Corp

$88,589,218

0.49%

1,380,970

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

Manager	Shares	Value (USD)	% of position	Discretion
BNY Mellon Trust of Delaware joint	2,165	$138,884	0.2%	Defined
Mellon Investments Corporation joint	716,620	$45,971,170	51.9%	Other
BNY Mellon Investment Adviser, Inc.	19,022	$1,220,261	1.4%	Defined
The Bank of New York Mellon	506,957	$32,521,291	36.7%	Defined
BNY Mellon, NA joint	72,481	$4,649,655	5.2%	Defined
BNY Mellon Advisors, Inc.	52,313	$3,355,878	3.8%	Defined
Newton Investment Management North America, LLC joint	11,411	$732,015	0.8%	Defined
Held directly	1	$64	0.0%	Defined

Gotham Asset Management, LLC

$78,183,582

0.43%

1,218,762

Legal & General Group Plc

$69,091,024

0.38%

1,077,023

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

Manager	Shares	Value (USD)	% of position	Discretion
Legal & General Investment Management America Inc	299,390	$19,205,868	27.8%	Defined
Legal & General Investment Management Ltd joint	777,633	$49,885,156	72.2%	Defined

AQR CAPITAL MANAGEMENT LLC

$61,826,293

0.34%

963,777

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

Manager	Shares	Value (USD)	% of position	Discretion
Prism Planning Partners LLC	501	$32,139	0.1%	Other
Compound Planning, Inc.	42	$2,694	0.0%	Other
Arax Advisory Partners	14,478	$928,763	1.5%	Other
HALBERT HARGROVE GLOBAL ADVISORS, LLC	6,047	$387,915	0.6%	Other
Stokes Family Office, LLC	1,788	$114,700	0.2%	Other
Held directly	940,921	$60,360,082	97.6%	Defined

STOREBRAND ASSET MANAGEMENT AS

$60,072,946

0.33%

936,445

RENAISSANCE TECHNOLOGIES LLC

$58,004,430

0.32%

904,200

Quantum Capital Management, LLC / NJ

$57,943,679

0.32%

903,253

Tandem Investment Advisors, Inc.

$57,070,983

0.32%

889,649

CITIGROUP INC

$55,287,291

0.31%

861,844

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

Manager	Shares	Value (USD)	% of position	Discretion
Citibank, N.A. joint	32,127	$2,060,947	3.7%	Defined
Citigroup Financial Products Inc. joint	829,717	$53,226,344	96.3%	Defined

BARR E S & CO

$52,456,673

0.29%

817,719

Swiss National Bank

$52,218,100

0.29%

814,000

Capital International Investors

$51,469,341

0.28%

802,328

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

Manager	Shares	Value (USD)	% of position	Discretion
CAPITAL GROUP COMPANIES INC joint	802,328	$51,469,341	100.0%	Defined

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP

$50,605,112

0.28%

788,856

BARCLAYS PLC

$49,455,029

0.27%

770,928

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

Manager	Shares	Value (USD)	% of position	Discretion
BARCLAYS BANK PLC	565,565	$36,280,994	73.4%	Defined
BARCLAYS CAPITAL INC.	2,495	$160,054	0.3%	Defined
BARCLAYS CAPITAL SECURITIES LTD	202,749	$13,006,348	26.3%	Defined
Barclays Investment Solutions Ltd	119	$7,633	0.0%	Defined

Mitsubishi UFJ Asset Management Co., Ltd.

$48,798,584

0.27%

760,695

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

Manager	Shares	Value (USD)	% of position	Discretion
MITSUBISHI UFJ FINANCIAL GROUP INC	760,695	$48,798,584	100.0%	Defined

FIRST TRUST ADVISORS LP

$48,552,504

0.27%

756,859

Giverny Capital Inc.

$48,323,425

0.27%

753,288

Sumitomo Mitsui Trust Group, Inc.

$46,756,753

0.26%

728,866

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

Manager	Shares	Value (USD)	% of position	Discretion
Amova Asset Management Co., Ltd.	728,866	$46,756,753	100.0%	Defined

Vest Financial, LLC

$45,178,086

0.25%

704,257

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

Manager	Shares	Value (USD)	% of position	Discretion
FIRST TRUST ADVISORS LP	694,262	$44,536,907	98.6%	Defined
Held directly	9,995	$641,179	1.4%	Sole

NORDEA INVESTMENT MANAGEMENT AB

$43,458,416

0.24%

677,450

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

Manager	Shares	Value (USD)	% of position	Discretion
Nordea Funds Ltd	146,257	$9,382,386	21.6%	Defined
Nordea Investment Funds S.A.	349,484	$22,419,398	51.6%	Defined
NORDEA INVESTMENT MANAGEMENT NORTH AMERICA INC	18,201	$1,167,594	2.7%	Defined
Held directly	163,508	$10,489,038	24.1%	Sole

ROYAL LONDON ASSET MANAGEMENT LTD

$43,383,490

0.24%

676,282

CITADEL ADVISORS LLC

$43,319,917

0.24%

675,291

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	522,483	$33,517,284	77.4%	Defined
Held directly	152,808	$9,802,633	22.6%	Defined

SG Americas Securities, LLC

$43,224,847

0.24%

673,809

SCHWARTZ INVESTMENT COUNSEL INC

$42,252,397

0.23%

658,650

HSBC HOLDINGS PLC

$41,846,711

0.23%

652,326

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

Manager	Shares	Value (USD)	% of position	Discretion
HSBC Bank USA, N.A.	81,790	$5,246,828	12.5%	Defined
HSBC Global Asset Management (UK) Ltd	314,428	$20,170,556	48.2%	Defined
Hang Seng Investment Management Ltd	732	$46,957	0.1%	Defined
HSBC BANK PLC	255,376	$16,382,370	39.1%	Defined

NOMURA ASSET MANAGEMENT INTERNATIONAL INC.

$41,542,449

0.23%

647,583

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

Manager	Shares	Value (USD)	% of position	Discretion
NOMURA HOLDINGS INC joint	647,583	$41,542,449	100.0%	Defined

Amundi

$41,456,231

0.23%

646,239

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

Manager	Shares	Value (USD)	% of position	Discretion
Amundi Asset Management joint	646,239	$41,456,231	100.0%	Defined

NOMURA ASSET MANAGEMENT CO LTD

$41,288,158

0.23%

643,619

Vanguard Global Advisers, LLC

$40,852,195

0.23%

636,823

Dundas Partners LLP

$39,148,628

0.22%

610,267

Nuveen, LLC

$37,412,598

0.21%

583,205

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	75,930	$4,870,908	13.0%	Defined
TIAA CREF INVESTMENT MANAGEMENT LLC joint	113,445	$7,277,496	19.5%	Defined
TEACHERS ADVISORS, LLC joint	393,830	$25,264,194	67.5%	Defined

VANGUARD ASSET MANAGEMENT, Ltd

$36,835,828

0.20%

574,214

RHUMBLINE ADVISERS

$36,693,222

0.20%

571,991

PRICE T ROWE ASSOCIATES INC /MD/

$34,844,483

0.19%

543,172

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	417,174	$26,761,712	76.8%	Defined
Held directly	125,998	$8,082,771	23.2%	Sole

SNYDER CAPITAL MANAGEMENT L P

$34,111,570

0.19%

531,747

RAYMOND JAMES FINANCIAL INC

$33,310,335

0.18%

519,257

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

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	382,011	$24,506,005	73.6%	Defined
Raymond James Financial Services Advisors, Inc.	128,982	$8,274,195	24.8%	Defined
RAYMOND JAMES TRUST N.A.	8,264	$530,135	1.6%	Defined

CAPITOLIS LIQUID GLOBAL MARKETS LLC

$32,287,849

0.18%

503,318

BROWN BROTHERS HARRIMAN & CO

$31,052,320

0.17%

484,058

BNP PARIBAS ARBITRAGE, SA

$30,873,342

0.17%

481,268

ENVESTNET ASSET MANAGEMENT INC

$29,792,158

0.16%

464,414

EULAV Asset Management

$28,540,335

0.16%

444,900

CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM

$27,128,906

0.15%

422,898

ABSHER WEALTH MANAGEMENT, LLC

$26,840,295

0.15%

418,399

CAPTRUST FINANCIAL ADVISORS

$26,702,052

0.15%

416,244

Clarkston Capital Partners, LLC

$25,396,086

0.14%

395,886

KEYBANK NATIONAL ASSOCIATION/OH

$24,773,831

0.14%

386,186

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

Manager	Shares	Value (USD)	% of position	Discretion
Manager 2	379,898	$24,370,456	98.4%	Defined
Key National Trust Co of Delaware	6,288	$403,375	1.6%	Defined

CONFLUENCE INVESTMENT MANAGEMENT LLC

$24,763,823

0.14%

386,030

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

Manager	Shares	Value (USD)	% of position	Discretion
Manager 2	1,738	$111,492	0.5%	Defined
Held directly	384,292	$24,652,331	99.5%	Sole

PhiloSmith Capital Corp

$24,136,437

0.13%

376,250

STIFEL FINANCIAL CORP

$24,038,606

0.13%

374,725

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

Manager	Shares	Value (USD)	% of position	Discretion
STIFEL NICOLAUS & CO INC \MO\	325,553	$20,884,224	86.9%	Defined
Stifel Independent Advisors, LLC	241	$15,460	0.1%	Defined
1919 Investment Counsel, LLC	39,801	$2,553,234	10.6%	Defined
Stifel Trust Company, N.A.	8,442	$541,554	2.3%	Defined
Washington Crossing Advisers LLC	170	$10,905	0.0%	Defined
Held directly	518	$33,229	0.1%	Defined

California Public Employees Retirement System

$23,403,652

0.13%

364,827

TimesSquare Capital Management, LLC

$22,300,079

0.12%

347,624

Cresset Asset Management, LLC

$22,234,967

0.12%

346,609

FULLER & THALER ASSET MANAGEMENT, INC.

$22,179,156

0.12%

345,739

ALLIANCEBERNSTEIN L.P.

$21,611,814

0.12%

336,895

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

Manager	Shares	Value (USD)	% of position	Discretion
Equitable Holdings, Inc.	336,895	$21,611,814	100.0%	Defined

Creative Planning

$21,017,207

0.12%

327,626

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

Manager	Shares	Value (USD)	% of position	Discretion
CREATIVE PLANNING TRUST Co LLC	3,612	$231,709	1.1%	Defined
Held directly	324,014	$20,785,498	98.9%	Sole

Local Pensions Partnership Investment Ltd

$20,912,900

0.12%

326,000

Woodline Partners LP

$20,472,702

0.11%

319,138

APG Asset Management N.V.

$20,093,768

0.11%

313,231

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

Manager	Shares	Value (USD)	% of position	Discretion
STICHTING PENSIOENFONDS ABP joint	313,231	$20,093,768	100.0%	Defined

Artisan Partners Limited Partnership

$19,579,670

0.11%

305,217

Champlain Investment Partners, LLC

$18,967,872

0.10%

295,680

Mitsubishi UFJ Trust & Banking Corp

$18,789,919

0.10%

292,906

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

Manager	Shares	Value (USD)	% of position	Discretion
First Sentier Investors (Australia) IM Ltd	40,704	$2,611,161	13.9%	Defined
Held directly	252,202	$16,178,758	86.1%	Sole

Assenagon Asset Management S.A.

$18,540,183

0.10%

289,013

State of Tennessee, Department of Treasury

$18,491,814

0.10%

288,259

Key facts CIK 79282 CUSIP 115236101 13F (30d) 553 filings 517 filers Visit website Investor relations