ISG - Institutional Ownership

Institutional Ownership

Ownership > 100%

Ownership Information

Shares Outstanding

47,535,463

Short Interest Shares

95,447

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	6,113,959	12.86	17,119,085	9/30/2019	451,658
Renaissance Technologies LLC	2,187,354	4.60	6,124,591	9/30/2019	(19,893)
Vanguard Group Inc.	1,913,555	4.03	5,357,954	9/30/2019	(177,914)
BlackRock Inc.	1,808,711	3.80	5,064,391	9/30/2019	106,016
William Blair Investment Management LLC	1,577,739	3.32	4,417,669	9/30/2019	28,020
Thomson Horstmann & Bryant Inc.	1,265,724	2.66	3,544,027	9/30/2019	(36,559)
JB Capital Partners	1,046,050	2.20	2,928,940	9/30/2019	0
Punch & Associates Investment Management Inc.	709,939	1.49	1,987,829	9/30/2019	(227,061)
Dimensional Fund Advisors LP	641,885	1.35	1,797,278	9/30/2019	4,967
State Street Global Advisors Inc.	520,413	1.09	1,457,156	9/30/2019	15,626
Perritt Capital Management Inc.	501,541	1.06	1,404,315	9/30/2019	0
Northern Trust Global Investments	397,672	0.84	1,113,482	9/30/2019	2,620
Equitable Trust Company	349,087	0.73	977,444	9/30/2019	29,400
Geode Capital Management LLC	309,154	0.65	865,631	9/30/2019	670
McGowanGroup Asset Management Inc.	278,756	0.59	780,517	9/30/2019	75,547
Bridgeway Capital Management Inc.	211,000	0.44	590,800	9/30/2019	0
Wetherby Asset Management	194,450	0.41	544,460	9/30/2019	0
BNY Asset Management	146,862	0.31	411,214	9/30/2019	(4,647)
Municipal Employees' Retirement System of Michigan	141,710	0.30	396,788	9/30/2019	0
Grantham Mayo Van Otterloo & Co. LLC	134,400	0.28	376,320	9/30/2019	(9,300)

Displaying 1 to 20 (of 92)

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.