WAT · Waters Corp /De/

$409.38 -4.18 (-1.01%) At close · Sep 4

S&P 500 member Russell 1000 member Rebalance outlook locked

Market Cap

$40.63B

98.25M

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: 1,180

Total Value: $36,870,169,666

Total Shares: 98,366,534

Showing 1–100 of 1,193 holdings by value · page 1 of 12

Institutional Ownership Trend

26 quarters

Superinvestors Holding WAT

All superinvestors →

Terry Smith $852,702,945 Andreas Halvorsen $623,368,985 Joel Greenblatt $24,543,742 Bill Nygren $6,905,611 Mario Gabelli $484,176

Holder Concentration

Across 1,180 13F filers · Δ vs Mar 31, 2026

Top Holder

8.6%

−0.3 pts

Top 5

29.1%

−1.3 pts

Top 10

44.3%

−1.4 pts

HHI

273

Broadly held−13

Quarterly Activity

vs Mar 31, 2026

New

158

Increased

350

Decreased

482

Sold Out

157

Unchanged

190

Holder count: +1

Institutional value: +30.0%

Shares held: +3.3%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Mega Invesco Ltd.	+1,325,982	3,494,267
Mega PRICE T ROWE ASSOCIATES INC /MD/	+1,053,930	2,177,958
Mega SCHRODER INVESTMENT MANAGEMENT GROUP	+948,023	1,264,226
Mega MILLENNIUM MANAGEMENT LLC	+679,492	894,660
Mega ALLIANCEBERNSTEIN L.P.	+577,853	2,694,590

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Large Fundsmith LLP	−938,443	2,273,632
Mega T. Rowe Price Investment Management, Inc.	−846,100	3,817,779
Mid AKO CAPITAL LLP	−613,573	203,356
Mid Veritas Asset Management LLP	−349,189	851,624
Mega MANUFACTURERS LIFE INSURANCE COMPANY, THE	−315,706	209,540

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Mega Jupiter Topco LLC	1,663,601	$623,916,917
Mega Capital Research Global Investors	358,198	$134,338,577
Mid XN LP	193,146	$72,437,475
Mega NORGES BANK	188,334	$70,632,783
Large TUDOR INVESTMENT CORP ET AL	166,400	$62,406,656

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Mega JANUS HENDERSON GROUP PLC	1,638,772	$488,026,298
Mid Vestal Point Capital, LP	100,000	$29,780,000
Large BRANDES INVESTMENT PARTNERS, LP	69,454	$20,683,399
Large Caisse de depot et placement du Quebec	57,648	$17,167,574
Large Caption Management, LLC	37,700	$11,227,060

Filter: New 158 Increased 350 Reduced 482 Sold out 157 Unchanged 190

Showing 100 of 1,193

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

BlackRock, Inc.

$3,182,191,513

8.63%

8,484,939

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	283,194	$106,209,077	3.3%	Sole
BlackRock Investment Management (Australia) Ltd	75,836	$28,441,533	0.9%	Sole
BlackRock Asset Management Canada Ltd	111,225	$41,713,824	1.3%	Sole
BLACKROCK (SINGAPORE) LTD.	7,309	$2,741,167	0.1%	Sole
BlackRock Asset Management North Asia Ltd	16,019	$6,007,765	0.2%	Sole
BlackRock Investment Management, LLC	211,267	$79,233,575	2.5%	Sole
BLACKROCK ADVISORS LLC	353,462	$132,562,388	4.2%	Sole
BlackRock Fund Advisors	3,307,865	$1,240,581,689	39.0%	Sole
BlackRock Institutional Trust Company, N.A.	1,978,528	$742,027,141	23.3%	Sole
BlackRock Japan Co. Ltd	105,068	$39,404,702	1.2%	Sole
BlackRock Fund Managers Ltd.	164,675	$61,759,712	1.9%	Sole
BlackRock Investment Management (UK) Ltd.	119,495	$44,815,404	1.4%	Sole
BlackRock (Netherlands) B.V.	255,013	$95,640,075	3.0%	Sole
BlackRock Asset Management Ireland Ltd	972,954	$364,896,668	11.5%	Sole
BlackRock Advisors (UK) Ltd	4,933	$1,850,072	0.1%	Sole
BlackRock (Luxembourg) S.A.	334,380	$125,405,875	3.9%	Sole
BlackRock Life Ltd	29,191	$10,947,792	0.3%	Sole
BlackRock Asset Management Schweiz AG	3,673	$1,377,521	0.0%	Sole
Aperio Group, LLC	149,190	$55,952,217	1.8%	Sole
SpiderRock Advisors, LLC	1,662	$623,316	0.0%	Sole

VANGUARD CAPITAL MANAGEMENT LLC

$2,406,088,622

6.53%

6,415,552

VANGUARD PORTFOLIO MANAGEMENT LLC

$1,777,886,120

4.82%

4,740,524

MASSACHUSETTS FINANCIAL SERVICES CO /MA/

$1,734,573,121

4.70%

4,625,035

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.	400,590	$150,237,273	8.7%	Defined
MFS Investment Management CO (LUX) S.A.R.L.	215,236	$80,722,109	4.7%	Defined
MFS International Singapore Pte. Ltd.	3,393	$1,272,510	0.1%	Defined
MFS International (U.K.) Ltd.	171,072	$64,158,842	3.7%	Defined
MFS Investment Management K.K.	136,289	$51,113,826	2.9%	Defined
MFS Heritage Trust CO	186,509	$69,948,335	4.0%	Defined
MFS INVESTMENT MANAGEMENT CANADA LTD	345,133	$129,438,680	7.5%	Defined
MFS International Australia Pty Ltd	82,215	$30,833,913	1.8%	Defined
Held directly	3,084,598	$1,156,847,633	66.7%	Sole

STATE STREET CORP

$1,643,428,280

4.46%

4,382,008

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	4,382,008	$1,643,428,280	100.0%	Defined

T. Rowe Price Investment Management, Inc.

$1,431,819,836

3.88%

3,817,779

Invesco Ltd.

$1,310,489,889

3.55%

3,494,267

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	1,135,014	$425,675,648	32.5%	Defined
Invesco Trust Co joint	40,191	$15,073,232	1.2%	Defined
Invesco Asset Management Limited	188,608	$70,735,544	5.4%	Defined
Invesco Management S.A.	3,809	$1,428,527	0.1%	Defined
Invesco Taiwan Ltd	312	$117,012	0.0%	Defined
Invesco Asset Management (Japan) Limited joint	1,105,867	$414,744,358	31.6%	Defined
Invesco Investment Advisers LLC	7,082	$2,656,033	0.2%	Defined
Invesco Capital Management LLC	1,013,384	$380,059,535	29.0%	Defined

ALLIANCEBERNSTEIN L.P.

$1,010,579,033

2.74%

2,694,590

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

Manager	Shares	Value (USD)	% of position	Discretion
Equitable Holdings, Inc.	2,694,590	$1,010,579,033	100.0%	Defined

GEODE CAPITAL MANAGEMENT, LLC

$988,660,195

2.68%

2,636,146

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	321,839	$120,702,498	12.2%	Defined
Held directly	2,314,307	$867,957,697	87.8%	Defined

Fundsmith LLP

$852,702,945

2.31%

2,273,632

PRICE T ROWE ASSOCIATES INC /MD/

$816,821,367

2.22%

2,177,958

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	142,316	$53,374,192	6.5%	Defined
Held directly	2,035,642	$763,447,175	93.5%	Sole

JPMORGAN CHASE & CO

$809,482,952

2.20%

2,158,391

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	638	$239,275	0.0%	Other
JPMorgan Chase Bank, N.A.	220,219	$82,590,932	10.2%	Other
J.P. Morgan Investment Management Inc.	1,414,862	$530,629,844	65.6%	Defined
J.P. Morgan Securities LLC	38,186	$14,321,277	1.8%	Defined
J.P. Morgan Securities plc	26,510	$9,942,310	1.2%	Defined
JPMorgan Asset Management (UK) Ltd	226,993	$85,131,454	10.5%	Defined
JPMorgan Asset Management (Canada) Inc.	25,286	$9,483,261	1.2%	Defined
J.P. Morgan Private Investments Inc.	87,192	$32,700,487	4.0%	Defined
J.P. Morgan (Suisse) SA	2,275	$853,216	0.1%	Other
JPMorgan Asset Management (Asia Pacific) Ltd	11,268	$4,225,950	0.5%	Defined
JPMorgan Asset Management (Japan) Ltd	87,025	$32,637,856	4.0%	Defined
55I, LLC	352	$132,013	0.0%	Other
J.P. Morgan SE	12,892	$4,835,015	0.6%	Defined
J.P. MORGAN MANSART MANAGEMENT Ltd	4,693	$1,760,062	0.2%	Defined

Jupiter Topco LLC

$623,916,917

1.69%

1,663,601

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	8,417	$3,156,711	0.5%	Defined
JANUS HENDERSON INVESTORS US LLC	1,571,883	$589,519,000	94.5%	Defined
Held directly	83,301	$31,241,206	5.0%	Defined

VIKING GLOBAL INVESTORS LP

$623,368,985

1.69%

1,662,140

WELLINGTON MANAGEMENT GROUP LLP

$514,986,171

1.40%

1,373,150

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	1,126,414	$422,450,306	82.0%	Defined
Wellington Managment Canada LLC	56,231	$21,088,874	4.1%	Defined
Wellington Management Hong Kong Ltd	23,465	$8,800,313	1.7%	Defined
Wellington Management Japan Pte Ltd	9,567	$3,588,007	0.7%	Defined
Wellington Management Singapore Pte. Ltd.	1,294	$485,301	0.1%	Defined
Wellington Management International Ltd	70,239	$26,342,434	5.1%	Defined
Wellington Trust Company, NA joint	12,192	$4,572,487	0.9%	Defined
Wellington Management Australia Pty Ltd	73,748	$27,658,449	5.4%	Defined

First Eagle Investment Management, LLC

$500,718,903

1.36%

1,335,108

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	31,747	$11,906,394	2.4%	Sole
Held directly	1,303,361	$488,812,509	97.6%	Sole

SCHRODER INVESTMENT MANAGEMENT GROUP

$474,135,314

1.29%

1,264,226

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

Manager	Shares	Value (USD)	% of position	Discretion
Schroder & Co. Limited	83,571	$31,342,467	6.6%	Sole
Schroder Investment Management (Europe) S.A.	1,033	$387,416	0.1%	Sole
Schroder Investment Management (Hong Kong) Limited	6,542	$2,453,511	0.5%	Sole
Schroder Investment Management Limited	1,160,719	$435,316,053	91.8%	Sole
Schroder Investment Management North America Inc.	502	$188,270	0.0%	Sole
Schroder Investment Management North America Limited	10,870	$4,076,684	0.9%	Sole
Schroders (C.I.) Limited	974	$365,288	0.1%	Sole
Held directly	15	$5,625	0.0%	Sole

Mawer Investment Management Ltd.

$456,403,802

1.24%

1,216,947

PRINCIPAL FINANCIAL GROUP INC

$417,829,063

1.13%

1,114,092

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

Manager	Shares	Value (USD)	% of position	Discretion
Manager 134	48,475	$18,180,064	4.4%	Defined
Held directly	1,065,617	$399,648,999	95.6%	Defined

MORGAN STANLEY

$411,532,134

1.12%

1,097,302

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	706	$264,778	0.1%	Defined
MORGAN STANLEY & CO. LLC	176,732	$66,281,569	16.1%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	154,862	$58,079,444	14.1%	Defined
MORGAN STANLEY AIP GP LP	808	$303,031	0.1%	Defined
MORGAN STANLEY INVESTMENT MANAGEMENT INC	5,210	$1,953,957	0.5%	Defined
MORGAN STANLEY SMITH BARNEY LLC	85,398	$32,027,665	7.8%	Defined
Morgan Stanley Strategic Investments, Inc	1	$375	0.0%	Defined
Morgan Stanley Bank, N.A.	1,697	$636,442	0.2%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	506,391	$189,916,880	46.1%	Defined
EATON VANCE MANAGEMENT	32,978	$12,368,069	3.0%	Defined
Calvert Research & Management	42,310	$15,867,941	3.9%	Defined
BOSTON MANAGEMENT & RESEARCH	90,209	$33,831,983	8.2%	Defined

NORTHERN TRUST CORP

$387,313,555

1.05%

1,032,726

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	844,010	$316,537,509	81.7%	Defined
NORTHERN TRUST GLOBAL INVESTMENTS LTD	151,276	$56,734,550	14.6%	Defined
Northern Trust Asset Management Australia Pty Ltd	22,544	$8,454,901	2.2%	Defined
Northern Trust Co of Hong Kong Ltd	7,942	$2,978,567	0.8%	Defined
DWS INVESTMENT MANAGEMENT AMERICAS, INC joint	4,404	$1,651,676	0.4%	Other
Green Century Capital Management, Inc. joint	2,550	$956,352	0.2%	Other

D. E. Shaw & Co., Inc.

$355,777,570

0.96%

948,639

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.	820,563	$307,743,947	86.5%	Defined
D. E. Shaw Investment Management, L.L.C. joint	128,076	$48,033,623	13.5%	Defined

FMR LLC

$346,815,238

0.94%

924,742

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	614,100	$230,312,064	66.4%	Defined
FIDELITY MANAGEMENT TRUST CO	5,200	$1,950,208	0.6%	Defined
STRATEGIC ADVISERS LLC	262,958	$98,619,768	28.4%	Defined
Fidelity Institutional Asset Management Trust Co	4,168	$1,563,166	0.5%	Defined
FIAM LLC	38,304	$14,365,532	4.1%	Defined
Fidelity Diversifying Solutions LLC	12	$4,500	0.0%	Defined

MILLENNIUM MANAGEMENT LLC

$335,533,286

0.91%

894,660

Veritas Asset Management LLP

$319,393,064

0.87%

851,624

Holocene Advisors, LP

$317,949,160

0.86%

847,774

BANK OF AMERICA CORP /DE/

$314,880,579

0.85%

839,592

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	335,129	$125,686,780	39.9%	Defined
MERRILL LYNCH, PIERCE, FENNER & SMITH INC.	41,632	$15,613,665	5.0%	Defined
BOFA SECURITIES, INC.	110,060	$41,276,902	13.1%	Defined
MERRILL LYNCH INTERNATIONAL	41,919	$15,721,301	5.0%	Defined
U.S. TRUST Co OF DELAWARE	3,247	$1,217,754	0.4%	Defined
MANAGED ACCOUNT ADVISORS LLC joint	306,311	$114,878,876	36.5%	Defined
BofA Securities Europe SA	1,294	$485,301	0.2%	Defined

FUNDSMITH INVESTMENT SERVICES LTD.

$314,195,010

0.85%

837,764

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$306,224,660

0.83%

816,512

FRANKLIN RESOURCES INC

$303,534,496

0.82%

809,339

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	6,158	$2,309,496	0.8%	Defined
Fiduciary Trust Co International of Pennsylvania	4,050	$1,518,912	0.5%	Defined
FIDUCIARY TRUST Co OF CANADA	3	$1,125	0.0%	Defined
Fiduciary Trust International of California	3	$1,125	0.0%	Defined
Fiduciary Trust International of the South	77	$28,878	0.0%	Defined
FIDUCIARY TRUST INTERNATIONAL LLC	2,823	$1,058,737	0.3%	Defined
FRANKLIN ADVISERS INC	3,352	$1,257,134	0.4%	Defined
FRANKLIN ADVISORY SERVICES LLC	44,827	$16,811,918	5.5%	Defined
PUTNAM INVESTMENT MANAGEMENT LLC	554,555	$207,980,307	68.5%	Defined
PUTNAM ADVISORY CO LLC	193,491	$72,566,864	23.9%	Other

DIMENSIONAL FUND ADVISORS LP

$300,438,541

0.81%

801,084

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.	10,186	$3,820,157	1.3%	Defined
DFA Australia Ltd.	51,762	$19,412,820	6.5%	Defined
Dimensional Fund Advisors Pte. Ltd.	2,061	$772,957	0.3%	Defined
Dimensional Ireland Ltd	51,814	$19,432,322	6.5%	Defined
Held directly	685,261	$257,000,285	85.5%	Sole

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

$290,639,120

0.79%

774,955

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

Manager	Shares	Value (USD)	% of position	Discretion
UBS Group AG	51,576	$19,343,063	6.7%	Defined
UBS Asset Management Switzerland AG	249,111	$93,426,588	32.1%	Defined
UBS Asset Management (UK) Ltd.	332,719	$124,782,933	42.9%	Defined
UBS Asset Management Life Ltd.	956	$358,538	0.1%	Defined
Held directly	140,593	$52,727,998	18.1%	Defined

Allspring Global Investments Holdings, LLC

$290,594,493

0.79%

774,836

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	12,685	$4,757,382	1.6%	Other
Allspring Global Investments, LLC reporting on behalf of UBS ASSET MANAGEMENT AMERICAS INC	762,151	$285,837,111	98.4%	Defined

UBS Group AG

$260,596,916

0.71%

694,851

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	42,087	$15,784,308	6.1%	Defined
UBS AG	633,953	$237,757,733	91.2%	Defined
UBS Switzerland AG	18,697	$7,012,122	2.7%	Defined
UBS Bank (Canada)	69	$25,877	0.0%	Defined
UBS Securities LLC	45	$16,876	0.0%	Defined

Legal & General Group Plc

$258,833,104

0.70%

690,148

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	254,870	$95,586,444	36.9%	Defined
Legal & General Investment Management Ltd joint	435,278	$163,246,660	63.1%	Defined

VOYA INVESTMENT MANAGEMENT LLC

$245,263,782

0.67%

653,967

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

Manager	Shares	Value (USD)	% of position	Discretion
Voya Investment Management Co. LLC joint	653,967	$245,263,782	100.0%	Defined

NEUBERGER BERMAN GROUP LLC

$239,570,301

0.65%

638,786

GOLDMAN SACHS GROUP INC

$219,118,619

0.59%

584,254

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	228,933	$85,859,032	39.2%	Defined
GOLDMAN SACHS ASSET MANAGEMENT, L.P.	349,881	$131,219,370	59.9%	Defined
GOLDMAN SACHS INTERNATIONAL	1,950	$731,328	0.3%	Defined
Goldman Sachs Trust Company, N.A.	3,490	$1,308,889	0.6%	Defined

MARSHALL WACE, LLP

$218,022,752

0.59%

581,332

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	581,332	$218,022,752	100.0%	Other

Artisan Partners Limited Partnership

$210,304,805

0.57%

560,753

VANGUARD FIDUCIARY TRUST CO

$206,796,305

0.56%

551,398

Bank of New York Mellon Corp

$188,725,368

0.51%

503,214

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	700	$262,527	0.1%	Defined
Mellon Investments Corporation joint	253,733	$95,160,021	50.4%	Other
BNY Mellon Investment Adviser, Inc.	6,249	$2,343,624	1.2%	Defined
The Bank of New York Mellon	182,064	$68,281,282	36.2%	Defined
BNY Mellon, NA joint	54,733	$20,527,062	10.9%	Defined
BNY Mellon Advisors, Inc. joint	2,019	$757,204	0.4%	Other
Newton Investment Management North America, LLC joint	3,714	$1,392,898	0.7%	Defined
Held directly	2	$750	0.0%	Defined

Focus Partners Wealth

$182,120,174

0.49%

485,602

Amundi

$174,206,454

0.47%

464,501

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	444,361	$166,653,149	95.7%	Defined
CPR Asset Management	20,140	$7,553,305	4.3%	Defined

Findlay Park Partners LLP

$169,489,952

0.46%

451,925

Point72 Asset Management, L.P.

$166,602,144

0.45%

444,225

AMERIPRISE FINANCIAL INC

$163,662,953

0.44%

436,388

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	346,103	$129,802,469	79.3%	Defined
Threadneedle Asset Management Holdings LTD	7,337	$2,751,668	1.7%	Defined
Ameriprise Financial Services, LLC joint	63,458	$23,799,287	14.5%	Defined
Ameriprise Bank, FSB	138	$51,755	0.0%	Defined
Columbia Threadneedle Management Ltd	19,352	$7,257,774	4.4%	Defined

BECK MACK & OLIVER LLC

$162,823,240

0.44%

434,149

DEUTSCHE BANK AG\

$156,335,418

0.42%

416,850

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	343	$128,637	0.1%	Defined
DWS Investment GmbH	6,508	$2,440,760	1.6%	Defined
DWS INVESTMENT MANAGEMENT AMERICAS, INC	10,413	$3,905,291	2.5%	Defined
DEUTSCHE BANK NATIONAL TRUST Co	71	$26,627	0.0%	Other
Deutsche Bank Trust Co Delaware	487	$182,644	0.1%	Defined
DEUTSCHE BANK TRUST COMPANY, NATIONAL ASSOCIATION	1,933	$724,952	0.5%	Defined
DWS Investments UK Ltd	324,924	$121,859,496	77.9%	Defined
DBX Advisors LLC	17,201	$6,451,063	4.1%	Defined
DWS Investments Hong Kong Ltd	4,817	$1,806,567	1.2%	Defined
DWS International GmbH	50,153	$18,809,381	12.0%	Defined

HSBC HOLDINGS PLC

$149,007,137

0.40%

397,310

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.	27,581	$10,343,977	6.9%	Defined
HSBC Global Asset Management (Hong Kong) Ltd	31	$11,626	0.0%	Defined
HSBC Global Asset Management (UK) Ltd	273,338	$102,512,683	68.8%	Defined
HSBC GLOBAL ASSET MANAGEMENT (FRANCE)	60,215	$22,583,033	15.2%	Defined
HSBC Trinkaus & Burkhardt AG, Germany	638	$239,275	0.2%	Defined
Hang Seng Investment Management Ltd	246	$92,259	0.1%	Defined
HSBC BANK PLC	31,676	$11,879,766	8.0%	Defined
HSBC GLOBAL ASSET MANAGEMENT (MEXICO), SA DE CV, SOCIEDAD OPERADORA DE FONDOS DE INVERSION, GRUPO FINANCIERO HSBC	3,585	$1,344,518	0.9%	Defined

Liontrust Investment Partners LLP

$134,631,484

0.37%

358,979

Capital Research Global Investors

$134,338,577

0.36%

358,198

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	358,198	$134,338,577	100.0%	Defined

LONDON CO OF VIRGINIA

$127,802,755

0.35%

340,771

NATIXIS ADVISORS, LLC

$124,818,562

0.34%

332,814

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.	332,814	$124,818,562	100.0%	Defined

JONES FINANCIAL COMPANIES LLLP

$109,112,636

0.30%

290,936

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.	290,639	$109,001,250	99.9%	Sole
Edward Jones Trust Company	297	$111,386	0.1%	Sole

Nuveen, LLC

$108,991,497

0.30%

290,613

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	17,362	$6,511,443	6.0%	Defined
TIAA CREF INVESTMENT MANAGEMENT LLC joint	104,945	$39,358,572	36.1%	Defined
TEACHERS ADVISORS, LLC joint	168,306	$63,121,482	57.9%	Defined

TD Asset Management Inc

$107,799,997

0.29%

287,436

Madison Asset Management, LLC

$104,957,194

0.28%

279,856

Swiss National Bank

$104,011,343

0.28%

277,334

FIRST TRUST ADVISORS LP

$102,187,148

0.28%

272,470

First Pacific Advisors, LP

$100,572,226

0.27%

268,164

ROYAL BANK OF CANADA

$100,334,819

0.27%

267,531

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.	103,945	$38,983,532	38.9%	Defined
RBC CMA LTD.	1,615	$605,689	0.6%	Defined
RBC Capital Markets, LLC	69,920	$26,222,796	26.1%	Defined
RBC Dominion Securities Inc.	58,088	$21,785,323	21.7%	Defined
RBC Phillips, Hager & North Investment Counsel Inc.	13	$4,875	0.0%	Defined
RBC Private Counsel (USA) Inc.	323	$121,137	0.1%	Defined
RBC Trust Co (Delaware) Ltd	592	$222,023	0.2%	Defined
CITY NATIONAL BANK	42	$15,751	0.0%	Defined
RBC Rochdale, LLC	1,219	$457,173	0.5%	Defined
RBC Europe Ltd	116	$43,504	0.0%	Defined
BREWIN DOLPHIN WEALTH MANAGEMENT LTD	505	$189,395	0.2%	Defined
Held directly	31,153	$11,683,621	11.6%	Sole

Mitsubishi UFJ Asset Management Co., Ltd.

$89,864,459

0.24%

239,613

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	239,613	$89,864,459	100.0%	Defined

Epoch Investment Partners, Inc.

$89,225,391

0.24%

237,909

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	3,008	$1,128,120	1.3%	Defined
TORONTO DOMINION BANK	234,901	$88,097,271	98.7%	Defined

BNP PARIBAS ARBITRAGE, SA

$88,189,530

0.24%

235,147

Sumitomo Mitsui Trust Group, Inc.

$80,312,940

0.22%

214,145

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

Manager	Shares	Value (USD)	% of position	Discretion
SUMITOMO MITSUI TRUST BANK Ltd	214,145	$80,312,940	100.0%	Defined

CITIGROUP INC

$79,968,652

0.22%

213,227

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	10,288	$3,858,411	4.8%	Defined
Citigroup Financial Products Inc. joint	202,939	$76,110,241	95.2%	Defined

Vanguard Global Advisers, LLC

$79,459,724

0.22%

211,870

COOKE & BIELER LP

$78,659,389

0.21%

209,736

MANUFACTURERS LIFE INSURANCE COMPANY, THE

$78,585,881

0.21%

209,540

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	209,540	$78,585,881	100.0%	Defined

AKO CAPITAL LLP

$76,266,634

0.21%

203,356

LPL Financial LLC

$74,886,862

0.20%

199,677

BRISTOL JOHN W & CO INC /NY/

$74,222,291

0.20%

197,905

XN LP

$72,437,475

0.20%

193,146

FULLER & THALER ASSET MANAGEMENT, INC.

$71,528,003

0.19%

190,721

STATE FARM MUTUAL AUTOMOBILE INSURANCE CO

$71,212,969

0.19%

189,881

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

Manager	Shares	Value (USD)	% of position	Discretion
STATE FARM LIFE INSURANCE CO joint	137,559	$51,590,127	72.4%	Defined
Held directly	52,322	$19,622,842	27.6%	Sole

VANGUARD ASSET MANAGEMENT, Ltd

$70,996,947

0.19%

189,305

NORGES BANK

$70,632,783

0.19%

188,334

SEI INVESTMENTS CO

$69,751,813

0.19%

185,985

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	5,622	$2,108,474	3.0%	Sole
SEI TRUST CO	180,363	$67,643,339	97.0%	Sole

Newport Trust Company, LLC

$68,528,058

0.19%

182,722

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP

$66,507,343

0.18%

177,334

NORDEA INVESTMENT MANAGEMENT AB

$64,201,595

0.17%

171,186

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

Manager	Shares	Value (USD)	% of position	Discretion
Nordea Funds Ltd	80,242	$30,093,959	46.9%	Defined
Nordea Investment Funds S.A.	63,828	$23,938,053	37.3%	Defined
NORDEA INVESTMENT MANAGEMENT NORTH AMERICA INC	1,918	$719,326	1.1%	Defined
Held directly	25,198	$9,450,257	14.7%	Sole

LGT Group Foundation

$64,095,835

0.17%

170,904

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

Manager	Shares	Value (USD)	% of position	Discretion
LGT Wealth Management UK LLP	119,161	$44,690,141	69.7%	Defined
LGT Wealth Management US Ltd	51,743	$19,405,694	30.3%	Defined

Clearbridge Investments, LLC

$64,089,460

0.17%

170,887

AMERICAN CENTURY COMPANIES INC

$63,559,528

0.17%

169,474

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	169,474	$63,559,528	100.0%	Defined

National Pension Service

$63,306,376

0.17%

168,799

RHUMBLINE ADVISERS

$63,295,875

0.17%

168,771

WELLS FARGO & COMPANY/MN

$63,193,487

0.17%

168,498

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	18,062	$6,773,972	10.7%	Defined
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	46,266	$17,351,600	27.5%	Defined
WELLS FARGO CLEARING SERVICES, LLC	98,588	$36,974,443	58.5%	Defined
Wells Fargo Securities, LLC	9	$3,375	0.0%	Defined
WELLS FARGO INVESTMENT INSTITUTE, INC.	5,573	$2,090,097	3.3%	Defined

TUDOR INVESTMENT CORP ET AL

$62,406,656

0.17%

166,400

WELLS FARGO & COMPANY/MN

$62,369,152

0.17%

166,300

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	166,300	$62,369,152	100.0%	Defined

CANADA PENSION PLAN INVESTMENT BOARD

$60,801,484

0.16%

162,120

Robeco Schweiz AG

$57,079,212

0.15%

152,195

LMR Partners LLP

$55,245,266

0.15%

147,305

BARCLAYS PLC

$54,970,737

0.15%

146,573

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

Manager	Shares	Value (USD)	% of position	Discretion
BARCLAYS BANK PLC	105,201	$39,454,583	71.8%	Defined
BARCLAYS CAPITAL INC.	1,003	$376,165	0.7%	Defined
BARCLAYS CAPITAL SECURITIES LTD	38,317	$14,370,407	26.1%	Defined
Barclays Investment Solutions Ltd	2,052	$769,582	1.4%	Defined

CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM

$54,254,036

0.15%

144,662

ADAGE CAPITAL PARTNERS GP, L.L.C.

$54,214,282

0.15%

144,556

Balyasny Asset Management L.P.

$51,921,662

0.14%

138,443

Aberdeen Group plc

$51,794,522

0.14%

138,104

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

Manager	Shares	Value (USD)	% of position	Discretion
abrdn Inc.	47,688	$17,884,907	34.5%	Defined
abrdn Investment Management Ltd	70,620	$26,485,324	51.1%	Defined
abrdn Investments Ltd	19,796	$7,424,291	14.3%	Defined

CITADEL ADVISORS LLC

$50,887,677

0.14%

135,686

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	24,279	$9,105,596	17.9%	Defined
Held directly	111,407	$41,782,081	82.1%	Defined

MILFORD FUNDS LTD

$50,794,292

0.14%

135,437

Key facts CIK 1000697 CUSIP 941848103 13F (30d) 678 filings 633 filers Visit website Investor relations