High Conviction Fund Sells

Stock Fund Market Value Change
in Stake
Shares
1926
William Blair & Company
William Blair & Company
Illinois
$103M -83% 2,525,925
1927
YCMGA
York Capital Management Global Advisors
New York
$103M Closed 3,149,566
1928
Parnassus Investments
Parnassus Investments
California
$103M -69% 1,927,459
1929
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
$103M -67% 2,002,178
1930
BCMIO
Beacon Capital Management Inc (Ohio)
Ohio
$103M -100% 812,243
1931
Citigroup
Citigroup
New York
$103M -80% 2,570,173
1932
AAM
Alpine Associates Management
Florida
$103M Closed 2,157,000
1933
D.E. Shaw & Co
D.E. Shaw & Co
New York
$103M Closed 1,159,214
1934
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
$103M -64% 13,854,631
1935
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
$103M -80% 10,158,834
1936
GAM
Gotham Asset Management
New York
$103M Closed 1,170,547
1937
TIM
Thornburg Investment Management
New Mexico
$103M -95% 5,974,217
1938
Daiwa Securities Group
Daiwa Securities Group
Japan
$103M -100% 1,387,429
1939
Norges Bank
Norges Bank
Norway
$103M Closed 1,679,629
1940
LCOV
London Company of Virginia
Virginia
$103M Closed 2,598,456
1941
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
$103M Closed 1,702,915
1942
Ameriprise
Ameriprise
Minnesota
$103M -76% 2,153,880
1943
Nomura Holdings
Nomura Holdings
Japan
$102M -55% 2,019,199
1944
Daiwa Securities Group
Daiwa Securities Group
Japan
$102M -82% 7,549,178
1945
HSBC Holdings
HSBC Holdings
United Kingdom
$102M -100% 2,800,271
1946
Viking Global Investors
Viking Global Investors
Connecticut
$102M Closed 1,162,593
1947
BIP
Brandes Investment Partners
California
$102M -99% 3,985,419
1948
FAM
Fred Alger Management
New York
$102M -69% 1,360,047
1949
BCMIO
Beacon Capital Management Inc (Ohio)
Ohio
$102M -100% 972,365
1950
TIM
Thornburg Investment Management
New Mexico
$102M -51% 3,321,360