High Conviction Fund Sells

Stock Fund Market Value Change
in Stake
Shares
1976
Millennium Management
Millennium Management
New York
$157M -97% 2,007,891
1977
Morgan Stanley
Morgan Stanley
New York
$157M -59% 1,887,580
1978
UBS Group
UBS Group
Switzerland
$157M -65% 6,879,858
1979
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
$156M -96% 3,085,721
1980
GQG Partners
GQG Partners
Florida
$156M -96% 1,344,113
1981
Marshall Wace
Marshall Wace
United Kingdom
$156M -84% 1,733,501
1982
LCM
Laurion Capital Management
New York
$156M -51% 7,272,543
1983
Morgan Stanley
Morgan Stanley
New York
$156M -51% 3,825,845
1984
Holocene Advisors
Holocene Advisors
New York
$156M Closed 261,236
1985
Morgan Stanley
Morgan Stanley
New York
$156M -52% 3,123,674
1986
Swedbank
Swedbank
Sweden
$156M Closed 1,987,220
1987
CIBC World Market
CIBC World Market
Ontario, Canada
$156M -55% 350,522
1988
Fidelity Investments
Fidelity Investments
Massachusetts
$156M -54% 1,428,293
1989
Morgan Stanley
Morgan Stanley
New York
$156M -67% 11,024,540
1990
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$156M -86% 1,988,147
1991
HSBC Holdings
HSBC Holdings
United Kingdom
$156M -52% 5,467,596
1992
Morgan Stanley
Morgan Stanley
New York
$155M -61% 5,356,026
1993
AllianceBernstein
AllianceBernstein
Tennessee
$155M -61% 1,272,557
1994
Morgan Stanley
Morgan Stanley
New York
$155M -54% 2,125,813
1995
D.E. Shaw & Co
D.E. Shaw & Co
New York
$155M -51% 956,369
1996
Tiger Global Management
Tiger Global Management
New York
$155M -64% 5,665,172
1997
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT)
United Kingdom
$155M -66% 970,813
1998
Barclays
Barclays
United Kingdom
$155M -55% 4,325,622
1999
Nordea Investment Management
Nordea Investment Management
Sweden
$155M -97% 1,976,098
2000
Morgan Stanley
Morgan Stanley
New York
$155M -52% 11,708,158