SAP · Sap SE

$221.54 +0.37 (+0.17%) At close · Aug 28

Market Cap

$254.76B

1.15B

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: 827

Total Value: $13,701,923,835

Total Shares: 88,919,968

Showing 1–100 of 861 holdings by value · page 1 of 9

Institutional Ownership Trend

26 quarters

Superinvestors Holding SAP

All superinvestors →

Ruane Cunniff $190,564,104 Bill Nygren $257,826 Joel Greenblatt $245,651

Holder Concentration

Across 827 13F filers · Δ vs Mar 31, 2026

Top Holder

16.8%

+0.6 pts

Top 5

46.3%

+3.7 pts

Top 10

60.7%

+3.5 pts

HHI

578

Broadly held+59

Quarterly Activity

vs Mar 31, 2026

New

110

Increased

351

Decreased

247

Sold Out

136

Unchanged

119

Holder count: -26

Institutional value: -10.8%

Shares held: -0.9%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Mega GOLDMAN SACHS GROUP INC	+3,176,311	6,476,685
Large HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	+2,252,410	2,508,905
Mega MORGAN STANLEY	+1,860,094	5,476,111
Large WINDACRE PARTNERSHIP LLC	+1,637,175	4,399,300
Large EAGLE CAPITAL MANAGEMENT LLC	+792,012	8,640,615

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Mega FMR LLC	−4,589,157	1,991,923
Mega D. E. Shaw & Co., Inc.	−2,778,620	1,482,652
Large Quadrature Capital Ltd	−994,344	153,061
Mega JPMORGAN CHASE & CO	−953,025	324,086
Mega BNP PARIBAS ARBITRAGE, SA	−775,075	208,331

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Large Holocene Advisors, LP	638,000	$98,322,180
Mid First Pacific Advisors, LP	555,426	$85,596,700
Large FORT WASHINGTON INVESTMENT ADVISORS INC /OH/	172,140	$26,528,495
Mid Ironvine Capital Partners, LLC	144,159	$22,216,343
Mid Meridiem Capital Partners LP	72,235	$11,132,135

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Large WCM INVESTMENT MANAGEMENT, LLC	833,584	$142,717,916
Large VOLORIDGE INVESTMENT MANAGEMENT, LLC	520,926	$89,187,740
Large MENORA MIVTACHIM HOLDINGS LTD.	453,650	$77,669,416
Mega Clearbridge Investments, LLC	189,173	$32,388,309
Mid Petrus Trust Company, LTA	152,542	$26,116,715

Filter: New 110 Increased 351 Reduced 247 Sold out 136 Unchanged 119

Showing 100 of 861

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Fisher Asset Management, LLC

$2,301,087,300

16.79%

14,931,460

EAGLE CAPITAL MANAGEMENT LLC

$1,331,605,177

9.72%

8,640,615

GOLDMAN SACHS GROUP INC

$928,217,628

6.77%

6,023,085

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	3,894,433	$600,171,069	64.7%	Defined
GOLDMAN SACHS ASSET MANAGEMENT, L.P.	1,102,933	$169,973,004	18.3%	Defined
GOLDMAN SACHS INTERNATIONAL	970,000	$149,486,700	16.1%	Defined
GOLDMAN SACHS WEALTH SERVICES, L.P.	55,719	$8,586,855	0.9%	Defined

Capital International Investors

$875,562,557

6.39%

5,681,413

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	5,681,413	$875,562,557	100.0%	Defined

MORGAN STANLEY

$843,923,460

6.16%

5,476,111

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	1,737,227	$267,724,052	31.7%	Defined
MORGAN STANLEY & CO. LLC	550,022	$84,763,890	10.0%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	523,982	$80,750,866	9.6%	Defined
MORGAN STANLEY INVESTMENT MANAGEMENT INC	8,882	$1,368,805	0.2%	Defined
Morgan Stanley Investment Management LTD	132	$20,342	0.0%	Defined
MORGAN STANLEY SMITH BARNEY LLC	869,275	$133,963,969	15.9%	Defined
Morgan Stanley Bank, N.A.	1,693	$260,908	0.0%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	1,782,701	$274,732,050	32.6%	Defined
EATON VANCE MANAGEMENT	314	$48,390	0.0%	Defined
Calvert Research & Management	1,194	$184,007	0.0%	Defined
BOSTON MANAGEMENT & RESEARCH	689	$106,181	0.0%	Defined

WINDACRE PARTNERSHIP LLC

$677,976,123

4.95%

4,399,300

HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC

$386,647,349

2.82%

2,508,905

BANK OF AMERICA CORP /DE/

$368,500,123

2.69%

2,391,150

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	338,125	$52,108,443	14.1%	Defined
MERRILL LYNCH, PIERCE, FENNER & SMITH INC.	316,720	$48,809,719	13.2%	Defined
BOFA SECURITIES, INC.	267,596	$41,239,219	11.2%	Defined
MERRILL LYNCH INTERNATIONAL	280,924	$43,293,197	11.7%	Defined
U.S. TRUST Co OF DELAWARE	2,733	$421,182	0.1%	Defined
MANAGED ACCOUNT ADVISORS LLC joint	1,185,052	$182,628,363	49.6%	Defined

FMR LLC

$306,975,252

2.24%

1,991,923

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	43,200	$6,657,552	2.2%	Defined
STRATEGIC ADVISERS LLC	1,947,400	$300,113,814	97.8%	Defined
Fidelity Institutional Asset Management Trust Co	733	$112,962	0.0%	Defined
FIAM LLC	6	$924	0.0%	Defined
Fidelity Diversifying Solutions LLC	584	$90,000	0.0%	Defined

D. E. Shaw & Co., Inc.

$223,482,924

1.63%

1,450,152

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.	1,450,152	$223,482,924	100.0%	Defined

BlackRock, Inc.

$192,563,525

1.41%

1,249,520

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	216	$33,287	0.0%	Sole
BlackRock Investment Management, LLC	23,169	$3,570,574	1.9%	Sole
BlackRock Fund Advisors	8,082	$1,245,517	0.6%	Sole
Aperio Group, LLC	1,217,094	$187,566,356	97.4%	Sole
SpiderRock Advisors, LLC	959	$147,791	0.1%	Sole

Ruane, Cunniff & Goldfarb L.P.

$190,564,104

1.39%

1,236,546

Tidal Investments LLC

$187,138,084

1.37%

1,214,315

NORTHERN TRUST CORP

$176,730,727

1.29%

1,146,783

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	1,146,783	$176,730,727	100.0%	Defined

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

$141,376,659

1.03%

917,375

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

Manager	Shares	Value (USD)	% of position	Discretion
Global X Management CO LLC joint	900,144	$138,721,191	98.1%	Defined
Global X Management (AUS) Ltd joint	17,115	$2,637,592	1.9%	Defined
Global X Investments Canada Inc. joint	116	$17,876	0.0%	Defined

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP

$126,914,054

0.93%

823,529

WELLS FARGO & COMPANY/MN

$121,947,242

0.89%

791,300

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	64,846	$9,993,417	8.2%	Defined
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	218,824	$33,722,966	27.7%	Defined
WELLS FARGO CLEARING SERVICES, LLC	500,482	$77,129,281	63.2%	Defined
WELLS FARGO INVESTMENT INSTITUTE, INC.	7,148	$1,101,578	0.9%	Defined

ROYAL BANK OF CANADA

$120,856,292

0.88%

784,221

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.	64,371	$9,920,214	8.2%	Defined
RBC Capital Markets, LLC	266,117	$41,011,290	33.9%	Defined
RBC Dominion Securities Inc.	425,410	$65,559,935	54.2%	Defined
RBC Phillips, Hager & North Investment Counsel Inc.	8,709	$1,342,143	1.1%	Defined
RBC Private Counsel (USA) Inc.	4,627	$713,066	0.6%	Defined
RBC Trust Co (Delaware) Ltd	4,223	$650,806	0.5%	Defined
RBC GLOBAL ASSET MANAGEMENT (UK) Ltd	19	$2,928	0.0%	Defined
CITY NATIONAL BANK	418	$64,417	0.1%	Defined
RBC Rochdale, LLC	6,665	$1,027,143	0.8%	Defined
RBC Dominion Securities Global Ltd	275	$42,380	0.0%	Defined
Held directly	3,387	$521,970	0.4%	Sole

BROWN ADVISORY INC

$110,244,744

0.80%

715,364

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

Manager	Shares	Value (USD)	% of position	Discretion
BROWN INVESTMENT ADVISORY & TRUST CO	47,005	$7,243,940	6.6%	Defined
Brown Advisory LLC	665,833	$102,611,523	93.1%	Defined
Signature Financial Management, Inc.	2,526	$389,281	0.4%	Defined

UBS Group AG

$104,880,945

0.77%

680,559

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	207,490	$31,976,283	30.5%	Defined
UBS AG	457,655	$70,529,212	67.2%	Defined
UBS Switzerland AG	14,752	$2,273,430	2.2%	Defined
UBS Securities LLC	662	$102,020	0.1%	Defined

Holocene Advisors, LP

$98,322,180

0.72%

638,000

CAUSEWAY CAPITAL MANAGEMENT LLC

$97,058,632

0.71%

629,801

BRANDES INVESTMENT PARTNERS, LP

$94,624,463

0.69%

614,006

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

Manager	Shares	Value (USD)	% of position	Discretion
Brandes Investment Partners & Co.	125	$19,263	0.0%	Defined
Held directly	613,881	$94,605,200	100.0%	Sole

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$93,991,689

0.69%

609,900

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

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	609,900	$93,991,689	100.0%	Other

ENVESTNET ASSET MANAGEMENT INC

$91,256,082

0.67%

592,149

PRINCIPAL FINANCIAL GROUP INC

$89,878,645

0.66%

583,211

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

Manager	Shares	Value (USD)	% of position	Discretion
Manager 134	7,330	$1,129,626	1.3%	Defined
Held directly	575,881	$88,749,019	98.7%	Sole

First Pacific Advisors, LP

$85,596,700

0.62%

555,426

FIRST TRUST ADVISORS LP

$82,958,799

0.61%

538,309

GOLDMAN SACHS GROUP INC

$69,904,296

0.51%

453,600

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	453,600	$69,904,296	100.0%	Defined

AMERIPRISE FINANCIAL INC

$68,043,261

0.50%

441,524

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	69,544	$10,717,425	15.8%	Defined
Ameriprise Financial Services, LLC joint	370,974	$57,170,802	84.0%	Defined
Ameriprise Bank, FSB	1,006	$155,034	0.2%	Defined

JANE STREET GROUP, LLC

$64,032,705

0.47%

415,500

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	415,500	$64,032,705	100.0%	Defined

CITADEL ADVISORS LLC

$63,154,278

0.46%

409,800

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	409,800	$63,154,278	100.0%	Defined

Squarepoint Ops LLC

$62,090,919

0.45%

402,900

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

Manager	Shares	Value (USD)	% of position	Discretion
Squarepoint Capital LLP	402,900	$62,090,919	100.0%	Defined

CIBC Bancorp USA Inc.

$61,614,564

0.45%

399,809

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

Manager	Shares	Value (USD)	% of position	Discretion
CIBC Private Wealth Advisors, Inc.	256,315	$39,500,704	64.1%	Defined
CIBC National Trust Co	143,494	$22,113,860	35.9%	Defined

CRAWFORD INVESTMENT COUNSEL INC

$59,754,149

0.44%

387,737

CITADEL ADVISORS LLC

$58,315,224

0.43%

378,400

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	378,400	$58,315,224	100.0%	Defined

Sustainable Growth Advisers, LP

$54,211,427

0.40%

351,771

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$52,443,633

0.38%

340,300

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

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	340,300	$52,443,633	100.0%	Other

JPMORGAN CHASE & CO

$49,944,889

0.36%

324,086

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	1,006	$155,034	0.3%	Other
JPMorgan Chase Bank, N.A.	106,219	$16,369,409	32.8%	Other
J.P. Morgan Investment Management Inc.	157,060	$24,204,516	48.5%	Defined
J.P. Morgan Securities LLC	57,607	$8,877,814	17.8%	Defined
J.P. Morgan Securities plc	222	$34,212	0.1%	Defined
55I, LLC	1,972	$303,904	0.6%	Other

JANE STREET GROUP, LLC

$45,971,013

0.34%

298,300

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	298,300	$45,971,013	100.0%	Defined

Aviso Financial Inc.

$44,599,588

0.33%

289,401

NATIXIS ADVISORS, LLC

$44,371,197

0.32%

287,919

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.	287,919	$44,371,197	100.0%	Defined

Harding Loevner LP

$43,321,862

0.32%

281,110

TD Asset Management Inc

$37,525,630

0.27%

243,499

RAYMOND JAMES FINANCIAL INC

$36,261,002

0.26%

235,293

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

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	173,818	$26,787,091	73.9%	Defined
Raymond James Financial Services Advisors, Inc.	24,956	$3,845,969	10.6%	Defined
EAGLE ASSET MANAGEMENT INC	6,140	$946,235	2.6%	Defined
CHARTWELL INVESTMENT PARTNERS, LLC joint	28,349	$4,368,864	12.0%	Defined
RAYMOND JAMES TRUST N.A.	2,030	$312,843	0.9%	Defined

Bank of New York Mellon Corp

$35,163,736

0.26%

228,173

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	2,316	$356,918	1.0%	Defined
Mellon Investments Corporation	34,769	$5,358,250	15.2%	Defined
BNY Mellon Securities Corporation	57,444	$8,852,694	25.2%	Defined
BNY Mellon, NA joint	114,844	$17,698,607	50.3%	Defined
BNY Mellon Advisors, Inc.	15,495	$2,387,934	6.8%	Defined
Newton Investment Management North America, LLC	3,304	$509,179	1.4%	Defined
Held directly	1	$154	0.0%	Defined

MASSACHUSETTS FINANCIAL SERVICES CO /MA/

$35,073,585

0.26%

227,588

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.	91,622	$14,119,866	40.3%	Defined
MFS INVESTMENT MANAGEMENT CANADA LTD	135,372	$20,862,178	59.5%	Defined
Held directly	594	$91,541	0.3%	Sole

MILLENNIUM MANAGEMENT LLC

$33,287,760

0.24%

216,000

SEI INVESTMENTS CO

$33,217,793

0.24%

215,546

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	157,470	$24,267,701	73.1%	Sole
SEI TRUST CO	58,076	$8,950,092	26.9%	Sole

BNP PARIBAS ARBITRAGE, SA

$32,059,657

0.23%

208,031

Squarepoint Ops LLC

$32,054,880

0.23%

208,000

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

Manager	Shares	Value (USD)	% of position	Discretion
Squarepoint Capital LLP	208,000	$32,054,880	100.0%	Defined

Quantinno Capital Management LP

$31,979,520

0.23%

207,511

AMF Tjanstepension AB

$30,189,378

0.22%

195,895

Night Owl Capital Management, LLC

$29,103,365

0.21%

188,848

MARSICO CAPITAL MANAGEMENT LLC

$28,704,682

0.21%

186,261

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$28,165,759

0.21%

182,764

Vident Advisory, LLC

$28,095,792

0.21%

182,310

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

Manager	Shares	Value (USD)	% of position	Discretion
Advisors Asset Management, Inc.	3,637	$560,498	2.0%	Defined
Blue Trust, Inc.	13,234	$2,039,491	7.3%	Defined
Brown Advisory LLC	163,627	$25,216,556	89.8%	Defined
Held directly	1,812	$279,247	1.0%	Sole

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$27,547,008

0.20%

178,749

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

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	176,839	$27,252,658	98.9%	Other
G1 EXECUTION SERVICES, LLC	1,910	$294,350	1.1%	Other

1832 Asset Management L.P.

$27,374,405

0.20%

177,629

JONES FINANCIAL COMPANIES LLLP

$27,294,729

0.20%

177,112

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.	176,970	$27,272,846	99.9%	Sole
Edward Jones Trust Company	142	$21,883	0.1%	Sole

NEUBERGER BERMAN GROUP LLC

$27,256,356

0.20%

176,863

BECKER CAPITAL MANAGEMENT INC

$26,906,681

0.20%

174,594

FORT WASHINGTON INVESTMENT ADVISORS INC /OH/

$26,528,495

0.19%

172,140

AMERICAN CENTURY COMPANIES INC

$25,307,481

0.18%

164,217

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	164,217	$25,307,481	100.0%	Defined

COERENTE CAPITAL MANAGEMENT

$24,750,990

0.18%

160,606

STIFEL FINANCIAL CORP

$24,528,607

0.18%

159,163

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\	122,548	$18,885,872	77.0%	Defined
Stifel Independent Advisors, LLC	516	$79,520	0.3%	Defined
1919 Investment Counsel, LLC	21,484	$3,310,899	13.5%	Defined
Stifel Trust Company, N.A.	13,980	$2,154,457	8.8%	Defined
Washington Crossing Advisers LLC	80	$12,328	0.1%	Defined
Held directly	555	$85,531	0.3%	Defined

Creative Planning

$24,280,645

0.18%

157,554

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	4,145	$638,785	2.6%	Defined
Held directly	153,409	$23,641,860	97.4%	Sole

Quadrature Capital Ltd

$23,588,230

0.17%

153,061

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

Manager	Shares	Value (USD)	% of position	Discretion
Quadrature US Inc.	153,061	$23,588,230	100.0%	Other

Oribel Capital Management, LP

$22,453,827

0.16%

145,700

Promethos Capital, LLC

$22,256,720

0.16%

144,421

Ironvine Capital Partners, LLC

$22,216,343

0.16%

144,159

PNC FINANCIAL SERVICES GROUP, INC.

$20,841,987

0.15%

135,241

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	133,587	$20,587,090	98.8%	Defined
PNC Delaware Trust Company	320	$49,315	0.2%	Defined
PNC Ohio Trust Company	23	$3,544	0.0%	Defined
PNC Wealth Management LLC	1,311	$202,038	1.0%	Defined

LPL Financial LLC

$20,802,846

0.15%

134,987

Cerity Partners LLC

$20,184,246

0.15%

130,973

Fayez Sarofim & Co

$19,787,261

0.14%

128,397

BANK OF MONTREAL /CAN/

$19,719,451

0.14%

127,957

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

Manager	Shares	Value (USD)	% of position	Discretion
BMO Bank N.A.	4,489	$691,799	3.5%	Defined
BMO Family Office, LLC	8,875	$1,367,726	6.9%	Defined
BMO NESBITT BURNS INC.	112,410	$17,323,505	87.8%	Defined
BMO PRIVATE INVESTMENT COUNSEL INC.	750	$115,582	0.6%	Defined
BMO NESBITT BURNS SECURITIES LTD.	1,295	$199,572	1.0%	Defined
Stoker Ostler Wealth Advisors, Inc.	138	$21,267	0.1%	Defined

Capital International, Inc./CA/

$19,445,753

0.14%

126,181

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	126,181	$19,445,753	100.0%	Defined

RIVERBRIDGE PARTNERS LLC

$19,377,174

0.14%

125,736

Pathstone Holdings, LLC

$19,344,195

0.14%

125,522

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

Manager	Shares	Value (USD)	% of position	Discretion
ADVISOR PARTNERS II, LLC	111,156	$17,130,251	88.6%	Defined
Willow Street Trust Co of Wyoming, LLC	391	$60,257	0.3%	Other
Held directly	13,975	$2,153,687	11.1%	Sole

Aberdeen Group plc

$18,369,912

0.13%

119,200

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

Manager	Shares	Value (USD)	% of position	Discretion
abrdn Investments Ltd	119,200	$18,369,912	100.0%	Defined

THORNBURG INVESTMENT MANAGEMENT INC

$18,341,709

0.13%

119,017

Grantham, Mayo, Van Otterloo & Co. LLC

$18,130,579

0.13%

117,647

Walleye Trading LLC

$18,092,514

0.13%

117,400

Obermeyer Wealth Partners

$17,881,537

0.13%

116,031

CAPTRUST FINANCIAL ADVISORS

$17,733,129

0.13%

115,068

CIDEL ASSET MANAGEMENT INC

$17,252,922

0.13%

111,952

DEPRINCE RACE & ZOLLO INC

$15,749,733

0.11%

102,198

Ramirez Asset Management, Inc.

$15,662,199

0.11%

101,630

ASSETMARK, INC

$15,633,226

0.11%

101,442

Connor, Clark & Lunn Investment Management Ltd.

$15,495,606

0.11%

100,549

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

Manager	Shares	Value (USD)	% of position	Discretion
Manager 1	100,549	$15,495,606	100.0%	Sole

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

$15,034,201

0.11%

97,555

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

Manager	Shares	Value (USD)	% of position	Discretion
UBS Group AG	97,555	$15,034,201	100.0%	Defined

O'SHAUGHNESSY ASSET MANAGEMENT, LLC

$14,461,065

0.11%

93,836

CITADEL ADVISORS LLC

$14,175,191

0.10%

91,981

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	91,981	$14,175,191	100.0%	Defined

TB Capital Gestao de Recursos Ltda.

$14,153,616

0.10%

91,841

Cardinal Capital Management, Inc.

$14,017,999

0.10%

90,961

AQR CAPITAL MANAGEMENT LLC

$13,967,451

0.10%

90,633

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

Manager	Shares	Value (USD)	% of position	Discretion
Arax Advisory Partners	2,600	$400,686	2.9%	Other
HALBERT HARGROVE GLOBAL ADVISORS, LLC	405	$62,414	0.4%	Other
Held directly	87,628	$13,504,351	96.7%	Defined

CITIGROUP INC

$13,686,970

0.10%

88,813

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	7,149	$1,101,732	8.0%	Defined
Citigroup Financial Products Inc. joint	81,664	$12,585,238	92.0%	Defined

US BANCORP \DE\

$13,619,469

0.10%

88,375

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

Manager	Shares	Value (USD)	% of position	Discretion
US BANK NATIONAL ASSOCIATION	88,103	$13,577,552	99.7%	Defined
U.S. BANCORP ADVISORS, LLC	272	$41,917	0.3%	Defined

Allspring Global Investments Holdings, LLC

$13,091,027

0.10%

84,946

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

Manager	Shares	Value (USD)	% of position	Discretion
Allspring Funds Management, LLC reporting on behalf of Morgan Stanley Smith Barney, LLC	84,497	$13,021,832	99.5%	Defined
Allspring Global Investments, LLC reporting on behalf of UBS ASSET MANAGEMENT AMERICAS INC	449	$69,195	0.5%	Defined

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC

$12,832,739

0.09%

83,270

Key facts CIK 1000184 CUSIP 803054204 13F (30d) 569 filings 534 filers Visit website Investor relations