High Conviction Fund Buys

Stock Fund Market Value Change
in Stake
Shares
1926
SPC
Silver Point Capital
Connecticut
$106M +414% 4,840,000
1927
National Bank of Canada
National Bank of Canada
Quebec, Canada
$106M +164% 318,652
1928
Wellington Management Group
Wellington Management Group
Massachusetts
$106M +465% 3,267,214
1929
Lazard Asset Management
Lazard Asset Management
New York
$106M +116% 659,170
1930
Squarepoint
Squarepoint
New York
$106M +135% 1,078,595
1931
Royal London Asset Management
Royal London Asset Management
United Kingdom
$106M +1,520% 1,662,458
1932
State Street
State Street
Massachusetts
$106M +313% 6,456,655
1933
MCM
Mainstay Capital Management
Michigan
$106M +122% 2,280,287
1934
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$106M +3,254% 2,113,148
1935
Marshall Wace
Marshall Wace
United Kingdom
$106M +547% 483,639
1936
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT)
United Kingdom
$106M +952% 369,484
1937
Vontobel Holding
Vontobel Holding
Switzerland
$106M +1,755% 434,658
1938
Invesco
Invesco
Georgia
$106M +401% 8,833,296
1939
Bank of America
Bank of America
North Carolina
$106M +129% 1,677,962
1940
AQR Capital Management
AQR Capital Management
Connecticut
$106M +239% 509,655
1941
Pacer Advisors
Pacer Advisors
Pennsylvania
$106M +7,347% 693,217
1942
UBS Group
UBS Group
Switzerland
$106M +169% 1,120,971
1943
Citadel Advisors
Citadel Advisors
Florida
$106M +6,315% 4,152,949
1944
Two Sigma Advisers
Two Sigma Advisers
New York
$106M +105% 4,007,200
1945
Fidelity Investments
Fidelity Investments
Massachusetts
$106M +118% 2,253,511
1946
Fidelity International
Fidelity International
Bermuda
$105M +323% 825,361
1947
FPP
Findlay Park Partners
United Kingdom
$105M +312% 1,375,657
1948
Swedbank
Swedbank
Sweden
$105M +753% 505,797
1949
Vanguard Group
Vanguard Group
Pennsylvania
$105M +118% 4,227,978
1950
PCH
Polar Capital Holdings
United Kingdom
$105M +912% 1,481,692