High Conviction Fund Buys

Stock Fund Market Value Change
in Stake
Shares
1976
Citadel Advisors
Citadel Advisors
Florida
$107M +523% 1,168,891
1977
Federated Hermes
Federated Hermes
Pennsylvania
$107M +491% 204,045
1978
AllianceBernstein
AllianceBernstein
Tennessee
$107M +1,393% 1,490,492
1979
AIM
ARK Investment Management
Florida
$107M +209% 472,882
1980
Citadel Advisors
Citadel Advisors
Florida
$107M +555% 663,011
1981
Wellington Management Group
Wellington Management Group
Massachusetts
$107M +465% 3,267,214
1982
JAM
Jupiter Asset Management
United Kingdom
$107M +15,523% 3,465,877
1983
Jacobs Levy Equity Management
Jacobs Levy Equity Management
New Jersey
$107M +425% 796,063
1984
Two Sigma Investments
Two Sigma Investments
New York
$107M +998% 275,096
1985
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT)
United Kingdom
$107M +179% 582,647
1986
D.E. Shaw & Co
D.E. Shaw & Co
New York
$107M +223% 964,078
1987
RIG
RiverFront Investment Group
Virginia
$107M +30,480% 474,578
1988
AQR Capital Management
AQR Capital Management
Connecticut
$107M +175% 1,516,939
1989
AllianceBernstein
AllianceBernstein
Tennessee
$107M +1,016% 3,965,832
1990
UBS Group
UBS Group
Switzerland
$107M +101% 11,589,810
1991
Marshall Wace
Marshall Wace
United Kingdom
$107M +295% 320,627
1992
SPC
Slate Path Capital
New York
$106M +236% 5,115,000
1993
WorldQuant Millennium Advisors
WorldQuant Millennium Advisors
New York
$106M +437% 2,163,274
1994
Federated Hermes
Federated Hermes
Pennsylvania
$106M +557% 1,317,473
1995
LAM
Lyrical Asset Management
New York
$106M +8,325% 11,580,337
1996
Wellington Management Group
Wellington Management Group
Massachusetts
$106M +232% 394,040
1997
Ensign Peak Advisors
Ensign Peak Advisors
Utah
$106M +115% 201,034
1998
Millennium Management
Millennium Management
New York
$106M +1,548% 259,386
1999
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$106M +414% 614,520
2000
Assenagon Asset Management
Assenagon Asset Management
Luxembourg
$106M +265% 958,202