MRSH · Marsh & Mclennan Companies, Inc.

$192.64 +2.64 (+1.39%) At close · Aug 28

S&P 500 member Russell 1000 member Rebalance outlook locked

Market Cap

$90.67B

477.21M

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: 1,499

Total Value: $73,042,148,401

Total Shares: 450,686,663

Showing 1–100 of 1,522 holdings by value · page 1 of 16

Institutional Ownership Trend

26 quarters

Superinvestors Holding MRSH

All superinvestors →

Bill Nygren $1,447,944,958 Thomas Gayner $127,252,545 Joel Greenblatt $26,347,860 Mario Gabelli $3,115,895 Ray Dalio $2,991,559

Holder Concentration

Across 1,499 13F filers · Δ vs Mar 31, 2026

Top Holder

9.0%

−0.6 pts

Top 5

29.3%

−0.5 pts

Top 10

44.4%

+0.1 pts

HHI

276

Broadly held−7

Quarterly Activity

vs Mar 31, 2026

New

141

Increased

485

Decreased

657

Sold Out

195

Unchanged

216

Holder count: -54

Institutional value: -4.1%

Shares held: +2.6%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Large Corient Private Wealth LLC	+12,619,950	12,842,632
Large HARRIS ASSOCIATES L P	+3,518,377	8,687,496
Mega PRICE T ROWE ASSOCIATES INC /MD/	+2,462,376	13,438,662
Large Artisan Partners Limited Partnership	+2,393,389	7,269,246
Mega PRIMECAP MANAGEMENT CO/CA/	+1,427,525	2,145,025

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Mega FMR LLC	−3,226,582	6,954,123
Mega BlackRock, Inc.	−2,559,630	39,502,046
Mega Clearbridge Investments, LLC	−1,717,565	4,705,966
Mega MASSACHUSETTS FINANCIAL SERVICES CO /MA/	−1,692,894	6,507,415
Large Mawer Investment Management Ltd.	−1,604,431	1,871,159

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Mega NORGES BANK	6,255,525	$1,042,608,351
Large EdgePoint Investment Group Inc.	3,820,196	$636,712,067
Mega National Pension Service	1,128,564	$188,097,761
Mega Boston Partners	457,791	$76,300,025
Mid Focused Investors LLC	404,300	$67,384,681

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Mid Longview Partners (Guernsey) LTD	810,308	$140,547,922
Large CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	729,798	$126,583,463
Large RENAISSANCE TECHNOLOGIES LLC	365,500	$63,395,975
Mid EMINENCE CAPITAL, LP	320,386	$55,570,951
Mid AKO CAPITAL LLP	261,527	$45,361,858

Filter: New 141 Increased 485 Reduced 657 Sold out 195 Unchanged 216

Showing 100 of 1,522

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

BlackRock, Inc.

$6,583,805,994

9.01%

39,502,046

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	976,058	$162,679,586	2.5%	Sole
BlackRock Investment Management (Australia) Ltd	351,356	$58,560,504	0.9%	Sole
BlackRock Asset Management Canada Ltd	437,105	$72,852,290	1.1%	Sole
BLACKROCK (SINGAPORE) LTD.	37,064	$6,177,456	0.1%	Sole
BlackRock Asset Management North Asia Ltd	84,878	$14,146,616	0.2%	Sole
BlackRock Investment Management, LLC	2,284,794	$380,806,615	5.8%	Sole
BLACKROCK ADVISORS LLC	508,228	$84,706,360	1.3%	Sole
BlackRock Fund Advisors	15,106,801	$2,517,850,522	38.2%	Sole
BlackRock Institutional Trust Company, N.A.	10,053,987	$1,675,698,013	25.5%	Sole
BlackRock Japan Co. Ltd	707,763	$117,962,859	1.8%	Sole
BlackRock Fund Managers Ltd.	445,542	$74,258,485	1.1%	Sole
BlackRock Investment Management (UK) Ltd.	1,421,059	$236,847,903	3.6%	Sole
BlackRock (Netherlands) B.V.	1,174,828	$195,808,582	3.0%	Sole
BlackRock International, Ltd.	285	$47,500	0.0%	Sole
BlackRock Asset Management Ireland Ltd	4,610,749	$768,473,535	11.7%	Sole
BlackRock Advisors (UK) Ltd	25,394	$4,232,417	0.1%	Sole
BlackRock (Luxembourg) S.A.	302,899	$50,484,176	0.8%	Sole
BlackRock Life Ltd	130,928	$21,821,769	0.3%	Sole
BlackRock Asset Management Schweiz AG	18,075	$3,012,560	0.0%	Sole
Aperio Group, LLC	758,462	$126,412,861	1.9%	Sole
SpiderRock Advisors, LLC	65,791	$10,965,385	0.2%	Sole

VANGUARD CAPITAL MANAGEMENT LLC

$5,245,534,075

7.18%

31,472,575

STATE STREET CORP

$3,733,687,338

5.11%

22,401,676

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	22,401,676	$3,733,687,338	100.0%	Defined

Capital World Investors

$3,020,450,407

4.14%

18,122,340

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	18,122,340	$3,020,450,407	100.0%	Defined

WELLINGTON MANAGEMENT GROUP LLP

$2,829,262,913

3.87%

16,975,238

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

Manager	Shares	Value (USD)	% of position	Discretion
Wellington Management Company LLP	15,842,969	$2,640,547,643	93.3%	Defined
Wellington Managment Canada LLC	218,525	$36,421,561	1.3%	Defined
Wellington Management Hong Kong Ltd	134,381	$22,397,281	0.8%	Defined
Wellington Management Japan Pte Ltd	18,367	$3,061,227	0.1%	Defined
Wellington Management Singapore Pte. Ltd.	4,474	$745,681	0.0%	Defined
Wellington Management International Ltd	125,422	$20,904,084	0.7%	Defined
Wellington Trust Company, NA joint	168,582	$28,097,561	1.0%	Defined
Wellington Management Australia Pty Ltd	1,900	$316,673	0.0%	Defined
Wellington Management Europe GmbH	460,618	$76,771,202	2.7%	Defined

Capital International Investors

$2,621,628,598

3.59%

15,729,457

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	15,729,457	$2,621,628,598	100.0%	Defined

GEODE CAPITAL MANAGEMENT, LLC

$2,251,757,367

3.08%

13,510,274

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	1,598,450	$266,413,661	11.8%	Defined
Held directly	11,911,824	$1,985,343,706	88.2%	Defined

PRICE T ROWE ASSOCIATES INC /MD/

$2,239,821,795

3.07%

13,438,662

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	879,872	$146,648,266	6.5%	Defined
Held directly	12,558,790	$2,093,173,529	93.5%	Sole

VANGUARD PORTFOLIO MANAGEMENT LLC

$2,095,127,235

2.87%

12,570,512

Capital Research Global Investors

$1,828,978,078

2.50%

10,973,649

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	10,973,649	$1,828,978,078	100.0%	Defined

HARRIS ASSOCIATES L P

$1,447,944,958

1.98%

8,687,496

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

Manager	Shares	Value (USD)	% of position	Discretion
NATIXIS ADVISORS, LLC	83,300	$13,883,611	1.0%	Other
Held directly	8,604,196	$1,434,061,347	99.0%	Sole

Artisan Partners Limited Partnership

$1,211,565,230

1.66%

7,269,246

FMR LLC

$1,159,043,678

1.59%

6,954,123

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	3,426,029	$571,016,253	49.3%	Defined
FIDELITY MANAGEMENT TRUST CO	106,444	$17,741,021	1.5%	Defined
STRATEGIC ADVISERS LLC	2,080,903	$346,824,103	29.9%	Defined
Fidelity Institutional Asset Management Trust Co	227,543	$37,924,591	3.3%	Defined
FIAM LLC	1,106,080	$184,350,353	15.9%	Defined
Fidelity Diversifying Solutions LLC	7,124	$1,187,357	0.1%	Defined

MASSACHUSETTS FINANCIAL SERVICES CO /MA/

$1,084,590,854

1.48%

6,507,415

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.	336,746	$56,125,455	5.2%	Defined
MFS Investment Management CO (LUX) S.A.R.L.	161,989	$26,998,706	2.5%	Defined
MFS Investment Management K.K.	17,258	$2,876,390	0.3%	Defined
MFS Heritage Trust CO	451,581	$75,265,005	6.9%	Defined
MFS INVESTMENT MANAGEMENT CANADA LTD	58,537	$9,756,361	0.9%	Defined
Held directly	5,481,304	$913,568,937	84.2%	Sole

MORGAN STANLEY

$1,052,368,540

1.44%

6,314,085

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	3,960	$660,013	0.1%	Defined
MORGAN STANLEY & CO. LLC	332,406	$55,402,108	5.3%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	642,547	$107,093,308	10.2%	Defined
MORGAN STANLEY AIP GP LP	1,545	$257,504	0.0%	Defined
MORGAN STANLEY INVESTMENT MANAGEMENT INC	25,338	$4,223,084	0.4%	Defined
Morgan Stanley Investment Management LTD	8,921	$1,486,862	0.1%	Defined
MORGAN STANLEY SMITH BARNEY LLC	901,952	$150,328,339	14.3%	Defined
Morgan Stanley Strategic Investments, Inc	32	$5,333	0.0%	Defined
Morgan Stanley Bank, N.A.	100,924	$16,821,003	1.6%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	2,970,734	$495,132,235	47.0%	Defined
EATON VANCE MANAGEMENT	105,511	$17,585,518	1.7%	Defined
Calvert Research & Management	116,615	$19,436,222	1.8%	Defined
ATLANTA CAPITAL MANAGEMENT CO L L C	752,935	$125,491,676	11.9%	Defined
BOSTON MANAGEMENT & RESEARCH	350,665	$58,445,335	5.6%	Defined

NORGES BANK

$1,042,608,351

1.43%

6,255,525

AMERIPRISE FINANCIAL INC

$922,541,447

1.26%

5,535,138

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 joint	4,089,158	$681,539,963	73.9%	Defined
Threadneedle Asset Management Holdings LTD	13,982	$2,330,379	0.3%	Defined
Ameriprise Financial Services, LLC joint	1,421,749	$236,962,905	25.7%	Defined
Ameriprise Bank, FSB	1,534	$255,671	0.0%	Defined
Columbia Threadneedle Management Ltd	8,715	$1,452,529	0.2%	Defined

NORTHERN TRUST CORP

$814,710,455

1.12%

4,888,165

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	3,898,839	$649,819,495	79.8%	Defined
NORTHERN TRUST GLOBAL INVESTMENTS LTD	755,596	$125,935,184	15.5%	Defined
NT Global Advisors, Inc	387	$64,501	0.0%	Defined
Northern Trust Asset Management Australia Pty Ltd	114,067	$19,011,546	2.3%	Defined
Northern Trust Co of Hong Kong Ltd	84,594	$14,099,281	1.7%	Defined
DWS INVESTMENT MANAGEMENT AMERICAS, INC joint	21,553	$3,592,238	0.4%	Other
Green Century Capital Management, Inc. joint	12,666	$2,111,042	0.3%	Other
MILFAM LLC joint	463	$77,168	0.0%	Other

JPMORGAN CHASE & CO

$788,403,924

1.08%

4,730,329

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	13,324	$2,220,710	0.3%	Other
JPMorgan Chase Bank, N.A.	930,253	$155,045,265	19.7%	Other
J.P. Morgan Investment Management Inc.	1,196,073	$199,349,486	25.3%	Defined
J.P. Morgan Securities LLC	1,093,780	$182,300,312	23.1%	Defined
JPMorgan Asset Management (UK) Ltd	22,080	$3,680,073	0.5%	Defined
J.P. Morgan Private Investments Inc.	1,442,745	$240,462,309	30.5%	Defined
J.P. Morgan (Suisse) SA	3,728	$621,345	0.1%	Other
JPMorgan Asset Management (Asia Pacific) Ltd	6,368	$1,061,354	0.1%	Defined
JPMorgan Asset Management (Japan) Ltd	101	$16,833	0.0%	Defined
55I, LLC	5,175	$862,516	0.1%	Other
J.P. Morgan SE	16,702	$2,783,721	0.4%	Defined

Clearbridge Investments, LLC

$784,343,352

1.07%

4,705,966

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

Manager	Shares	Value (USD)	% of position	Discretion
FRANKLIN TEMPLETON INVESTMENTS CORP	28,249	$4,708,260	0.6%	Defined
Held directly	4,677,717	$779,635,092	99.4%	Sole

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

$766,289,821

1.05%

4,597,647

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

Manager	Shares	Value (USD)	% of position	Discretion
UBS Group AG	1,160,205	$193,371,366	25.2%	Defined
UBS Asset Management Switzerland AG	1,210,808	$201,805,369	26.3%	Defined
UBS Asset Management (UK) Ltd.	1,402,984	$233,835,342	30.5%	Defined
UBS Asset Management Life Ltd.	50,406	$8,401,168	1.1%	Defined
Held directly	773,244	$128,876,576	16.8%	Defined

Invesco Ltd.

$717,643,178

0.98%

4,305,773

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	2,364,541	$394,098,044	54.9%	Defined
Invesco Trust Co joint	200,990	$33,499,003	4.7%	Defined
Invesco Hong Kong Limited joint	3,899	$649,846	0.1%	Defined
Invesco Asset Management Limited	21,787	$3,631,239	0.5%	Defined
Invesco Management S.A. joint	20,361	$3,393,567	0.5%	Defined
Invesco Asset Management (Japan) Limited joint	12,862	$2,143,709	0.3%	Defined
Invesco Investment Advisers LLC	5,292	$882,017	0.1%	Defined
Invesco Capital Management LLC	1,676,041	$279,345,753	38.9%	Defined

GOLDMAN SACHS GROUP INC

$704,785,093

0.96%

4,228,626

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	1,230,989	$205,168,936	29.1%	Defined
GOLDMAN SACHS ASSET MANAGEMENT, L.P.	2,951,459	$491,919,671	69.8%	Defined
GOLDMAN SACHS INTERNATIONAL	9,735	$1,622,532	0.2%	Defined
GOLDMAN SACHS WEALTH SERVICES, L.P.	2,884	$480,676	0.1%	Defined
Goldman Sachs Trust Company, N.A.	33,559	$5,593,278	0.8%	Defined

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP

$695,032,233

0.95%

4,170,110

DEUTSCHE BANK AG\

$685,621,041

0.94%

4,113,644

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	8,587	$1,431,194	0.2%	Defined
DWS Investment GmbH	2,408,792	$401,473,362	58.6%	Defined
DWS INVESTMENT MANAGEMENT AMERICAS, INC	79,909	$13,318,433	1.9%	Defined
DEUTSCHE BANK TRUST COMPANY, NATIONAL ASSOCIATION	721	$120,168	0.0%	Defined
DWS Investments UK Ltd	1,246,720	$207,790,822	30.3%	Defined
DBX Advisors LLC	79,333	$13,222,431	1.9%	Defined
DWS Investments Hong Kong Ltd	23,799	$3,966,579	0.6%	Defined
DWS International GmbH	254,471	$42,412,681	6.2%	Defined
Held directly	11,312	$1,885,371	0.3%	Defined

Ninety One UK Ltd

$661,933,571

0.91%

3,971,522

AMERICAN CENTURY COMPANIES INC

$646,303,092

0.88%

3,877,741

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	3,877,741	$646,303,092	100.0%	Defined

EdgePoint Investment Group Inc.

$636,712,067

0.87%

3,820,196

UBS Group AG

$600,599,008

0.82%

3,603,522

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	2,036,383	$339,403,954	56.5%	Defined
UBS AG	1,320,550	$220,096,067	36.6%	Defined
UBS Switzerland AG	186,393	$31,066,121	5.2%	Defined
UBS Europe SE	53,399	$8,900,011	1.5%	Defined
UBS Bank (Canada)	5,573	$928,851	0.2%	Defined
UBS (Monaco) S.A.	1,224	$204,004	0.0%	Defined

BANK OF AMERICA CORP /DE/

$575,845,344

0.79%

3,455,003

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	907,352	$151,228,357	26.3%	Defined
MERRILL LYNCH, PIERCE, FENNER & SMITH INC.	224,976	$37,496,749	6.5%	Defined
BOFA SECURITIES, INC.	115,458	$19,243,384	3.3%	Defined
MERRILL LYNCH INTERNATIONAL	2,364	$394,007	0.1%	Defined
U.S. TRUST Co OF DELAWARE	2,962	$493,676	0.1%	Defined
MANAGED ACCOUNT ADVISORS LLC joint	2,200,092	$366,689,332	63.7%	Defined
BofA Securities Europe SA	1,799	$299,839	0.1%	Defined

Nuveen, LLC

$575,328,171

0.79%

3,451,900

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	796,742	$132,792,988	23.1%	Defined
TIAA CREF INVESTMENT MANAGEMENT LLC joint	1,292,150	$215,362,640	37.4%	Defined
TEACHERS ADVISORS, LLC joint	1,363,008	$227,172,543	39.5%	Defined

Bank of New York Mellon Corp

$532,438,471

0.73%

3,194,567

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	12,628	$2,104,708	0.4%	Defined
Mellon Investments Corporation joint	1,914,998	$319,172,713	59.9%	Defined
BNY Mellon Investment Adviser, Inc.	31,541	$5,256,938	1.0%	Defined
The Bank of New York Mellon	875,265	$145,880,417	27.4%	Defined
BNY Mellon, NA joint	135,102	$22,517,448	4.2%	Defined
BNY Mellon Advisors, Inc. joint	202,810	$33,802,341	6.3%	Other
Newton Investment Management North America, LLC joint	22,221	$3,703,573	0.7%	Defined
Held directly	2	$333	0.0%	Defined

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$512,077,740

0.70%

3,072,405

Amundi

$480,738,946

0.66%

2,884,376

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	2,852,028	$475,347,505	98.9%	Defined
CPR Asset Management	32,348	$5,391,441	1.1%	Defined

ROYAL BANK OF CANADA

$468,988,874

0.64%

2,813,877

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

Manager	Shares	Value (USD)	% of position	Discretion
RBC Global Asset Management Inc.	128,723	$21,454,262	4.6%	Defined
RBC CMA LTD.	2,327	$387,841	0.1%	Defined
RBC Capital Markets, LLC	1,788,099	$298,022,460	63.5%	Defined
RBC Dominion Securities Inc.	480,513	$80,087,101	17.1%	Defined
RBC Phillips, Hager & North Investment Counsel Inc.	3,929	$654,846	0.1%	Defined
RBC Private Counsel (USA) Inc.	8,846	$1,474,362	0.3%	Defined
RBC Trust Co (Delaware) Ltd	15,952	$2,658,719	0.6%	Defined
CITY NATIONAL BANK	5,888	$981,352	0.2%	Defined
RBC Rochdale, LLC	31,647	$5,274,605	1.1%	Defined
RBC Dominion Securities Global Ltd	2,215	$369,174	0.1%	Defined
RBC Europe Ltd	12,623	$2,103,875	0.4%	Defined
BREWIN DOLPHIN WEALTH MANAGEMENT LTD	1,400	$233,338	0.0%	Defined
Held directly	331,715	$55,286,939	11.8%	Sole

Legal & General Group Plc

$465,589,810

0.64%

2,793,483

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	1,103,254	$183,879,344	39.5%	Defined
Legal & General Investment Management Ltd joint	1,690,229	$281,710,466	60.5%	Defined

VANGUARD FIDUCIARY TRUST CO

$450,977,686

0.62%

2,705,812

AQR CAPITAL MANAGEMENT LLC

$434,583,853

0.59%

2,607,451

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	44	$7,333	0.0%	Other
Prism Planning Partners LLC	291	$48,500	0.0%	Other
Compound Planning, Inc.	45	$7,500	0.0%	Other
Arax Advisory Partners	7,716	$1,286,025	0.3%	Other
Alaska Permanent Fund Corp	4,870	$811,682	0.2%	Other
GuideStone Capital Management, LLC	555	$92,501	0.0%	Other
HALBERT HARGROVE GLOBAL ADVISORS, LLC	5,103	$850,517	0.2%	Other
Stokes Family Office, LLC	255	$42,500	0.0%	Other
NATIONAL MUTUAL FUNDS MANAGEMENT LTD	56,945	$9,491,023	2.2%	Other
Held directly	2,531,627	$421,946,272	97.1%	Defined

WELLS FARGO & COMPANY/MN

$418,379,697

0.57%

2,510,228

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	341,641	$56,941,305	13.6%	Defined
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	510,574	$85,097,368	20.3%	Defined
WELLS FARGO CLEARING SERVICES, LLC	1,533,970	$255,666,779	61.1%	Defined
WELLS FARGO DELAWARE TRUST CO, N.A.	692	$115,335	0.0%	Defined
Wells Fargo Securities, LLC	11	$1,833	0.0%	Defined
WELLS FARGO INVESTMENT INSTITUTE, INC.	123,340	$20,557,077	4.9%	Defined

STIFEL FINANCIAL CORP

$368,740,372

0.50%

2,212,398

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\	1,134,372	$189,065,781	51.3%	Defined
EquityCompass Investment Management	27	$4,500	0.0%	Defined
Stifel Independent Advisors, LLC	3,136	$522,677	0.1%	Defined
1919 Investment Counsel, LLC	35,467	$5,911,284	1.6%	Defined
Stifel Trust Company, N.A.	13,762	$2,293,712	0.6%	Defined
Stifel Trust Co Delaware, N.A.	1,508	$251,338	0.1%	Defined
Washington Crossing Advisers LLC	1,023,657	$170,612,912	46.3%	Defined
Held directly	469	$78,168	0.0%	Defined

PRIMECAP MANAGEMENT CO/CA/

$357,511,316

0.49%

2,145,025

London & Capital Asset Management Ltd

$348,421,801

0.48%

2,090,489

ALLIANCEBERNSTEIN L.P.

$343,548,037

0.47%

2,061,247

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

Manager	Shares	Value (USD)	% of position	Discretion
Equitable Holdings, Inc.	2,061,247	$343,548,037	100.0%	Defined

PARNASSUS INVESTMENTS, LLC

$341,277,325

0.47%

2,047,623

DIMENSIONAL FUND ADVISORS LP

$337,118,740

0.46%

2,022,672

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.	28,990	$4,831,763	1.4%	Defined
DFA Australia Ltd.	194,633	$32,439,482	9.6%	Defined
Dimensional Fund Advisors Pte. Ltd.	9,296	$1,549,364	0.5%	Defined
Dimensional Ireland Ltd	210,201	$35,034,200	10.4%	Defined
Held directly	1,579,552	$263,263,931	78.1%	Sole

Mawer Investment Management Ltd.

$311,866,070

0.43%

1,871,159

MANUFACTURERS LIFE INSURANCE COMPANY, THE

$311,185,723

0.43%

1,867,077

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	1,867,077	$311,185,723	100.0%	Defined

Rathbones Group PLC

$288,844,776

0.40%

1,733,034

CANADA PENSION PLAN INVESTMENT BOARD

$267,647,019

0.37%

1,605,850

Beutel, Goodman & Co Ltd.

$262,320,246

0.36%

1,573,890

Navera Investment Management Ltd.

$252,914,891

0.35%

1,517,459

LAZARD ASSET MANAGEMENT LLC

$252,829,222

0.35%

1,516,945

BNP PARIBAS ARBITRAGE, SA

$249,660,659

0.34%

1,497,934

FRANKLIN RESOURCES INC

$247,609,613

0.34%

1,485,628

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

Manager	Shares	Value (USD)	% of position	Discretion
FIDUCIARY TRUST CO INTERNATIONAL	16,688	$2,781,388	1.1%	Defined
Fiduciary Trust Co International of Pennsylvania	7,750	$1,291,692	0.5%	Defined
FIDUCIARY TRUST Co OF CANADA	200	$33,334	0.0%	Defined
Fiduciary Trust International of California	139	$23,167	0.0%	Defined
Fiduciary Trust International of the South	885	$147,502	0.1%	Defined
FIDUCIARY TRUST INTERNATIONAL LLC	48,392	$8,065,494	3.3%	Defined
FRANKLIN ADVISERS INC	1,390,882	$231,818,302	93.6%	Defined
FRANKLIN ADVISORY SERVICES LLC	20,375	$3,395,901	1.4%	Defined
PUTNAM INVESTMENT MANAGEMENT LLC	31	$5,166	0.0%	Defined
PUTNAM ADVISORY CO LLC	286	$47,667	0.0%	Other

Swiss National Bank

$226,504,530

0.31%

1,359,000

VOLORIDGE INVESTMENT MANAGEMENT, LLC

$221,792,435

0.30%

1,330,728

FIRST TRUST ADVISORS LP

$219,923,064

0.30%

1,319,512

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

Manager	Shares	Value (USD)	% of position	Discretion
Horizon Investments, LLC	2,825	$470,842	0.2%	Other
Held directly	1,316,687	$219,452,222	99.8%	Sole

NIPPON LIFE INSURANCE CO

$218,562,704

0.30%

1,311,350

Swedbank AB

$216,913,671

0.30%

1,301,456

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

Manager	Shares	Value (USD)	% of position	Discretion
Swedbank Robur Fonder AB	1,301,456	$216,913,671	100.0%	Defined

Polar Capital Holdings Plc

$216,671,000

0.30%

1,300,000

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

Manager	Shares	Value (USD)	% of position	Discretion
Polar Capital LLP	1,300,000	$216,671,000	100.0%	Defined

Mitsubishi UFJ Asset Management Co., Ltd.

$199,953,832

0.27%

1,199,699

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	1,199,699	$199,953,832	100.0%	Defined

DekaBank Deutsche Girozentrale

$198,885,810

0.27%

1,193,291

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

Manager	Shares	Value (USD)	% of position	Discretion
Deka Investment GmbH	884,769	$147,464,449	74.1%	Defined
Deka Vermoegensmanagement GmbH	308,522	$51,421,361	25.9%	Defined

RAYMOND JAMES FINANCIAL INC

$197,869,121

0.27%

1,187,191

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

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	1,088,051	$181,345,460	91.6%	Defined
Raymond James Financial Services Advisors, Inc.	86,476	$14,412,954	7.3%	Defined
EAGLE ASSET MANAGEMENT INC	1,397	$232,837	0.1%	Defined
RAYMOND JAMES TRUST N.A.	11,267	$1,877,870	0.9%	Defined

CANADA LIFE ASSURANCE Co

$192,565,184

0.26%

1,155,368

National Pension Service

$188,097,761

0.26%

1,128,564

Sumitomo Mitsui Trust Group, Inc.

$183,446,335

0.25%

1,100,656

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.	1,100,656	$183,446,335	100.0%	Defined

Vanguard Global Advisers, LLC

$183,190,663

0.25%

1,099,122

VANGUARD ASSET MANAGEMENT, Ltd

$181,631,632

0.25%

1,089,768

MARSHALL WACE, LLP

$173,903,310

0.24%

1,043,399

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	1,043,399	$173,903,310	100.0%	Other

HSBC HOLDINGS PLC

$170,349,570

0.23%

1,022,077

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.	138,102	$23,017,459	13.5%	Defined
HSBC Global Asset Management (UK) Ltd	537,765	$89,629,292	52.6%	Defined
HSBC GLOBAL ASSET MANAGEMENT (FRANCE)	65,003	$10,834,050	6.4%	Defined
HSBC Trinkaus & Burkhardt AG, Germany	3,822	$637,012	0.4%	Defined
Hang Seng Investment Management Ltd	1,913	$318,839	0.2%	Defined
HSBC BANK PLC	275,469	$45,912,418	27.0%	Defined
HSBC SECURITIES USA INC	3	$500	0.0%	Defined

ENVESTNET ASSET MANAGEMENT INC

$166,350,993

0.23%

998,086

JENSEN INVESTMENT MANAGEMENT INC

$164,153,949

0.22%

984,904

BARCLAYS PLC

$163,804,940

0.22%

982,810

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

Manager	Shares	Value (USD)	% of position	Discretion
BARCLAYS BANK PLC	561,934	$93,657,539	57.2%	Defined
BARCLAYS CAPITAL INC.	5,934	$989,019	0.6%	Defined
BARCLAYS CAPITAL SECURITIES LTD	378,994	$63,166,929	38.6%	Defined
Barclays Capital Luxembourg SaRL	35,948	$5,991,453	3.7%	Defined

Caisse de depot et placement du Quebec

$163,759,608

0.22%

982,538

STOREBRAND ASSET MANAGEMENT AS

$162,453,915

0.22%

974,704

Robeco Institutional Asset Management B.V.

$151,146,522

0.21%

906,861

RHUMBLINE ADVISERS

$148,698,973

0.20%

892,176

FIL Ltd

$147,993,793

0.20%

887,945

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

Manager	Shares	Value (USD)	% of position	Discretion
FIL Investments International	743,524	$123,923,145	83.7%	Defined
FIL Investment Management (Australia) Ltd	144,421	$24,070,648	16.3%	Defined

California Public Employees Retirement System

$144,222,217

0.20%

865,316

D. E. Shaw & Co., Inc.

$139,938,797

0.19%

839,616

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.	267,643	$44,608,058	31.9%	Defined
D. E. Shaw Investment Management, L.L.C. joint	571,973	$95,330,739	68.1%	Defined

TD Asset Management Inc

$133,397,667

0.18%

800,370

Markel Group Inc.

$127,252,545

0.17%

763,500

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

Manager	Shares	Value (USD)	% of position	Discretion
Markel-Gayner Asset Management LLC	763,500	$127,252,545	100.0%	Sole

ACADIAN ASSET MANAGEMENT LLC

$124,742,328

0.17%

748,439

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

Manager	Shares	Value (USD)	% of position	Discretion
Acadian Inc	748,439	$124,742,328	100.0%	Defined

Capital International, Inc./CA/

$123,320,299

0.17%

739,907

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	739,907	$123,320,299	100.0%	Defined

MACKENZIE FINANCIAL CORP

$121,632,599

0.17%

729,781

JENNISON ASSOCIATES LLC

$113,881,110

0.16%

683,273

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

Manager	Shares	Value (USD)	% of position	Discretion
Prudential Financial Inc	683,273	$113,881,110	100.0%	Defined

Assenagon Asset Management S.A.

$109,074,514

0.15%

654,434

Cryder Capital Partners LLP

$108,238,498

0.15%

649,418

NATIXIS ADVISORS, LLC

$105,984,285

0.15%

635,893

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

Manager	Shares	Value (USD)	% of position	Discretion
Harris Associates L.P.	12,574	$2,095,708	2.0%	Other
Natixis Investment Managers, L.P.	623,319	$103,888,577	98.0%	Defined

Epoch Investment Partners, Inc.

$105,860,949

0.14%

635,153

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

Manager	Shares	Value (USD)	% of position	Discretion
NEW YORK LIFE INVESTMENT MANAGEMENT LLC	114,843	$19,140,882	18.1%	Defined
TORONTO DOMINION BANK	520,310	$86,720,067	81.9%	Defined

PNC FINANCIAL SERVICES GROUP, INC.

$103,169,226

0.14%

619,003

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

Manager	Shares	Value (USD)	% of position	Discretion
PNC Bank, National Association	605,330	$100,890,349	97.8%	Defined
PNC Delaware Trust Company	3,679	$613,178	0.6%	Defined
PNC Ohio Trust Company	3,195	$532,510	0.5%	Defined
PNC Wealth Management LLC	6,799	$1,133,189	1.1%	Defined

BANK OF MONTREAL /CAN/

$102,296,709

0.14%

613,768

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

Manager	Shares	Value (USD)	% of position	Discretion
BMO Asset Management Inc.	164,824	$27,471,216	26.9%	Defined
BMO Bank N.A.	104,429	$17,405,181	17.0%	Defined
BMO Delaware Trust Co	3,886	$647,679	0.6%	Defined
BMO Family Office, LLC	41,821	$6,970,306	6.8%	Defined
BMO NESBITT BURNS INC.	149,639	$24,940,332	24.4%	Defined
BMO PRIVATE INVESTMENT COUNSEL INC.	2,657	$442,842	0.4%	Defined
BMO NESBITT BURNS SECURITIES LTD.	1,437	$239,504	0.2%	Defined
Stoker Ostler Wealth Advisors, Inc.	2,131	$355,173	0.3%	Defined
Held directly	142,944	$23,824,476	23.3%	Defined

DAVENPORT & Co LLC

$102,009,540

0.14%

612,045

PRINCIPAL FINANCIAL GROUP INC

$100,789,348

0.14%

604,724

JUPITER ASSET MANAGEMENT LTD

$98,085,461

0.13%

588,501

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

Manager	Shares	Value (USD)	% of position	Discretion
CCLA Investment Management Limited	588,501	$98,085,461	100.0%	Defined

CITIGROUP INC

$95,148,234

0.13%

570,878

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	14,041	$2,340,213	2.5%	Defined
Citigroup Financial Products Inc. joint	556,837	$92,808,021	97.5%	Defined

NEW YORK STATE COMMON RETIREMENT FUND

$85,887,051

0.12%

515,312

Pictet Asset Management Holding SA

$85,813,049

0.12%

514,868

Universal- Beteiligungs- und Servicegesellschaft mbH

$85,776,882

0.12%

514,651

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

Manager	Shares	Value (USD)	% of position	Discretion
Universal-Investment-Gesellschaft mbH joint	514,651	$85,776,882	100.0%	Defined

Russell Investments Group, Ltd.

$83,260,827

0.11%

499,555

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

Manager	Shares	Value (USD)	% of position	Discretion
Russell Investment Management Limited	30,512	$5,085,435	6.1%	Defined
Russell Investment Management, LLC	206,635	$34,439,854	41.4%	Defined
Russell Investments Canada Limited	13,715	$2,285,879	2.7%	Defined
Russell Investments Capital, LLC joint	30,530	$5,088,435	6.1%	Defined
Russell Investments Implementation Services, LLC	12,696	$2,116,042	2.5%	Defined
Russell Investments Ireland Limited joint	16,595	$2,765,888	3.3%	Other
Russell Investments Japan Co., LTD. joint	12,511	$2,085,208	2.5%	Other
Russell Investments Limited joint	149,396	$24,899,830	29.9%	Other
Russell Investments Trust Company joint	26,965	$4,494,256	5.4%	Other

Key facts CIK 62709 CUSIP 571748102 13F (30d) 1008 filings 973 filers Visit website Investor relations