High Conviction Fund Buys

Stock Fund Market Value Change
in Stake
Shares
2001
National Bank of Canada
National Bank of Canada
Quebec, Canada
$110M +2,927% 3,459,997
2002
AIMCA
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$110M +462% 7,124,543
2003
AG
AIA Group
Hong Kong
$110M +247% 253,320
2004
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
$110M +138% 192,985
2005
CHP
Castle Hook Partners
New York
$110M +200% 2,658,375
2006
UBS Group
UBS Group
Switzerland
$110M +169% 10,753,204
2007
PA
Pinnacle Associates
New York
$110M +770% 795,166
2008
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
$110M +269% 1,766,711
2009
Bank of America
Bank of America
North Carolina
$110M +115% 454,964
2010
Millennium Management
Millennium Management
New York
$110M +14,490% 1,126,009
2011
CF
Canoe Financial
Alberta, Canada
$109M +698% 476,019
2012
D.E. Shaw & Co
D.E. Shaw & Co
New York
$109M +184% 186,697
2013
Federated Hermes
Federated Hermes
Pennsylvania
$109M +161% 349,659
2014
Squarepoint
Squarepoint
New York
$109M +3,452% 535,093
2015
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
$109M +110% 397,695
2016
Squarepoint
Squarepoint
New York
$109M +242% 703,897
2017
APG Asset Management
APG Asset Management
Netherlands
$109M +190% 235,265
2018
D.E. Shaw & Co
D.E. Shaw & Co
New York
$109M +301% 458,706
2019
AllianceBernstein
AllianceBernstein
Tennessee
$109M +921% 3,767,011
2020
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
$109M +1,320% 150,406
2021
Temasek Holdings
Temasek Holdings
Singapore
$109M +843% 935,741
2022
Deutsche Bank
Deutsche Bank
Germany
$109M +21,345% 10,181,253
2023
Jane Street
Jane Street
New York
$109M +159% 1,904,932
2024
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$109M +2,567% 465,794
2025
EPFB
Employees Provident Fund Board
Malaysia
$109M +172% 1,522,857