High Conviction Fund Sells

Stock Fund Market Value Change
in Stake
Shares
2001
FAM
Fred Alger Management
New York
$151M -55% 1,161,184
2002
T. Rowe Price Investment Management
T. Rowe Price Investment Management
Maryland
$151M -100% 4,594,986
2003
JP Morgan Chase
JP Morgan Chase
New York
$151M Closed 1,414,770
2004
T. Rowe Price Investment Management
T. Rowe Price Investment Management
Maryland
$151M -85% 1,689,071
2005
MC
Maverick Capital
Texas
$151M Closed 933,011
2006
ECU
Egerton Capital (UK)
United Kingdom
$151M Closed 2,026,311
2007
William Blair Investment Management
William Blair Investment Management
Illinois
$151M Closed 902,875
2008
SC
Samlyn Capital
New York
$151M Closed 3,843,687
2009
PIP
Permian Investment Partners
Texas
$151M Closed 3,182,791
2010
D.E. Shaw & Co
D.E. Shaw & Co
New York
$151M -79% 1,468,704
2011
Macquarie Group
Macquarie Group
Australia
$150M -73% 410,882
2012
CG
Carmignac Gestion
France
$150M -84% 225,168
2013
Kovitz Investment Group Partners
Kovitz Investment Group Partners
Illinois
$150M -81% 604,923
2014
Neuberger Berman Group
Neuberger Berman Group
New York
$150M -82% 2,042,070
2015
Pacer Advisors
Pacer Advisors
Pennsylvania
$150M -95% 3,165,770
2016
Jane Street
Jane Street
New York
$150M -69% 270,078
2017
HI
HBK Investments
Texas
$150M Closed 1,967,992
2018
Macquarie Group
Macquarie Group
Australia
$150M -97% 658,130
2019
BFG
Bouchey Financial Group
New York
$150M -69% 5,765,462
2020
GAM
Groupama Asset Management
France
$150M Closed 896,899
2021
SCA
Southpoint Capital Advisors
New York
$150M Closed 155,000
2022
PHS
PFM Health Sciences
California
$150M -70% 156,850
2023
Macquarie Group
Macquarie Group
Australia
$150M Closed 1,677,784
2024
Susquehanna International Group
Susquehanna International Group
Pennsylvania
$150M -51% 484,257
2025
Macquarie Group
Macquarie Group
Australia
$150M -79% 1,645,788