High Conviction Fund Sells

Stock Fund Market Value Change
in Stake
Shares
2001
DSA
2001
Davis Selected Advisers
Arizona
$104M -53% 662,101
2002
AI
2002
Alphabet Inc
California
$104M -99% 3,739,656
2003
Canada Pension Plan Investment Board
2003
Canada Pension Plan Investment Board
Ontario, Canada
$104M -57% 964,317
2004
VAM
2004
Vontobel Asset Management
New York
$104M Closed 1,927,785
2005
PCM
2005
Palestra Capital Management
New York
$104M Closed 2,025,000
2006
T. Rowe Price Associates
2006
T. Rowe Price Associates
Maryland
$104M -81% 718,153
2007
M&T Bank
2007
M&T Bank
New York
$104M -78% 1,128
2008
Invesco
2008
Invesco
Georgia
$104M Closed 315,646
2009
CCMLC
2009
Cardinal Capital Management LLC (Connecticut)
Connecticut
$104M Closed 2,310,195
2010
Royal Bank of Canada
2010
Royal Bank of Canada
Ontario, Canada
$104M -63% 1,497,904
2011
Balyasny Asset Management
2011
Balyasny Asset Management
Illinois
$104M Closed 507,693
2012
MWP
2012
MYCIO Wealth Partners
Pennsylvania
$104M -98% 403,879
2013
N
2013
Natixis
France
$104M -76% 981,623
2014
CCA
2014
Canyon Capital Advisors
Texas
$104M -58% 587,503
2015
Millennium Management
2015
Millennium Management
New York
$104M -89% 712,213
2016
Artisan Partners
2016
Artisan Partners
Wisconsin
$104M Closed 314,875
2017
UCFA
2017
United Capital Financial Advisors
Texas
$104M -91% 3,615,720
2018
Citadel Advisors
2018
Citadel Advisors
Florida
$104M -100% 1,950,601
2019
PC
2019
Pelham Capital
United Kingdom
$104M Closed 1,068,304
2020
TC
2020
Toews Corporation
New Jersey
$104M Closed 924,475
2021
GIM
2021
Generation Investment Management
United Kingdom
$104M Closed 599,414
2022
Bessemer Group
2022
Bessemer Group
New Jersey
$104M -99% 77,293
2023
Morgan Stanley
2023
Morgan Stanley
New York
$104M -57% 2,867,722
2024
QI
2024
QV Investors
Alberta, Canada
$104M Closed 1,848,874
2025
3AM
2025
3EDGE Asset Management
Florida
$104M -90% 1,299,021