Institutional Ownership

Ownership > 100%

Ownership Information

Shares Outstanding

140,108,098

Short Interest Shares

4,476,232

Float (%)

99.16

Institutional Ownership (%)

68.16

Mutual Fund Ownership (%)

44.35

Insider Ownership (%)

0.84

Top 10 Instn Holders (%)

46.58

Ownership Activity - Total Positions

Company	Shares	% Out	Value ($)	Reported	Change
BlackRock Inc.	20,357,879	14.53	408,175,474	12/31/2019	76,593
Vanguard Group Inc.	14,180,024	10.12	284,309,481	12/31/2019	382,278
Neuberger Berman BD LLC	6,896,262	4.92	138,270,053	12/31/2019	(209,658)
Goldman Sachs Asset Management LP	4,834,278	3.45	96,927,274	12/31/2019	294,116
State Street Global Advisors Inc.	4,807,575	3.43	96,391,879	12/31/2019	241,237
Silvercrest Asset Management Group LLC	4,051,782	2.89	81,238,229	12/31/2019	(24,905)
Dimensional Fund Advisors LP	3,526,050	2.52	70,697,303	12/31/2019	(32,797)
Northern Trust Global Investments	2,808,138	2.00	56,303,167	12/31/2019	(11,312)
Champlain Investment Partners LLC	2,594,540	1.85	52,020,527	12/31/2019	284,905
BNY Asset Management	2,179,666	1.56	43,702,303	12/31/2019	197,044
Geode Capital Management LLC	1,825,929	1.30	36,609,876	12/31/2019	85,329
FMR LLC	1,339,613	0.96	26,859,241	12/31/2019	(52,200)
Renaissance Technologies LLC	1,257,094	0.90	25,204,735	12/31/2019	11,500
Wells Capital Management Inc.	1,229,550	0.88	24,652,478	12/31/2019	155,335
Invesco Capital Management LLC	1,163,594	0.83	23,330,060	12/31/2019	10,061
Norges Bank Investment Management	1,142,483	0.82	22,906,784	12/31/2019	203,287
Principal Global Investors LLC	1,051,580	0.75	21,084,179	12/31/2019	(8,292)
Charles Schwab Investment Management Inc.	953,416	0.68	19,115,991	12/31/2019	20,784
Morgan Stanley	897,141	0.64	17,987,677	12/31/2019	236,930
Colorado Public Employees Retirement Association	840,198	0.60	16,845,970	12/31/2019	0

Displaying 1 to 20 (of 249)

Institutional Ownership

Institutional Ownership

Total Positions

New Positions

Increased Positions

Decreased Positions

Soldout Positions

Net Change

List of possible reasons behind the infrequent cases where we have total institutional ownership that exceeds 100% of the common shares outstanding for a specific company:

Double-counting - On the 13-F filing, each institutional holder must report all securities over which they exercise sole or shared investment discretion. In cases where investment discretion is shared by more than one institution, care is generally taken to prevent double-counting, but there is always the exception. Another cause of double-counting is a company name change for the 13F filer where the holdings are accounted for under both filer names.

Short Interest - A large short interest amount affects the institutional ownership amount considerably because all shares that have been sold short appear as holdings in two separate portfolios. One institution has lent its shares to a short seller, while the same shares have been purchased by another reporting institution. Consequently, the institutional ownership percentage reflected in the 13-F filings is overstated as a percentage of total shares outstanding.

A gap between 'as of' dates - In the case where gaps between the 'as of' dates of the holdings and the shares outstanding arise, the percentage owned could be skewed due to a sharp increase/decrease in shares out. Again, this case doesn’t come up very often but the results are unavoidable.

Other possible reasons: a) An overlap occurs amongst reporting institutions; b) The 13F filing includes holdings other than common stock issues; c) Mutual fund money is co-advised and incorrectly reported by multiple institutions.