ISG - Institutional Ownership

Institutional Ownership

Ownership > 100%

Ownership Information

Shares Outstanding

47,012,715

Short Interest Shares

218,252

Float (%)

86.16

Institutional Ownership (%)

64.16

Mutual Fund Ownership (%)

18.17

Insider Ownership (%)

13.84

Top 10 Instn Holders (%)

52.00

Ownership Activity - Total Positions

Company	Shares	% Out	Value ($)	Reported	Change
Pvt. Capital Management LLC	6,146,427	13.07	15,366,068	12/31/2019	32,468
Renaissance Technologies LLC	2,231,064	4.75	5,577,660	12/31/2019	43,710
Vanguard Group Inc.	2,074,147	4.41	5,185,368	12/31/2019	160,592
BlackRock Inc.	1,829,290	3.89	4,573,225	12/31/2019	20,579
William Blair Investment Management LLC	1,637,224	3.48	4,093,060	12/31/2019	59,485
JB Capital Partners	1,046,050	2.23	2,615,125	12/31/2019	0
Thomson Horstmann & Bryant Inc.	822,436	1.75	2,056,090	12/31/2019	(443,288)
Dimensional Fund Advisors LP	647,876	1.38	1,619,690	12/31/2019	5,991
Perritt Capital Management Inc.	517,518	1.10	1,293,795	12/31/2019	15,977
State Street Global Advisors Inc.	516,863	1.10	1,292,158	12/31/2019	(3,550)
Punch & Associates Investment Management Inc.	408,948	0.87	1,022,370	12/31/2019	(300,991)
Northern Trust Global Investments	391,996	0.83	979,990	12/31/2019	(5,676)
Equitable Trust Company	360,127	0.77	900,318	12/31/2019	11,040
Geode Capital Management LLC	314,086	0.67	785,215	12/31/2019	4,932
Bridgeway Capital Management Inc.	203,500	0.43	508,750	12/31/2019	(7,500)
Wetherby Asset Management	194,450	0.41	486,125	12/31/2019	0
Municipal Employees' Retirement System of Michigan	141,710	0.30	354,275	12/31/2019	0
Grantham Mayo Van Otterloo & Co. LLC	134,400	0.29	336,000	12/31/2019	0
California Public Employees' Retirement System	130,200	0.28	325,500	12/31/2019	0
BNY Asset Management	126,565	0.27	316,413	12/31/2019	(20,297)

Displaying 1 to 20 (of 89)

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.