High Conviction Fund Sells

Stock Fund Market Value Change
in Stake
Shares
2001
1832 Asset Management
1832 Asset Management
Ontario, Canada
$112M -75% 1,879,900
2002
D.E. Shaw & Co
D.E. Shaw & Co
New York
$112M -78% 7,184,635
2003
PPA
Parametric Portfolio Associates
Washington
$112M Closed 1,984,535
2004
MWNA
Marshall Wace North America
New York
$112M -80% 282,720
2005
EIM
Elliott Investment Management
Florida
$112M Closed 1,500,000
2006
N
Natixis
France
$112M -65% 475,857
2007
HVCM
HG Vora Capital Management
New York
$112M Closed 2,750,000
2008
UBS Group
UBS Group
Switzerland
$112M -97% 7,565,454
2009
D.E. Shaw & Co
D.E. Shaw & Co
New York
$112M -74% 1,192,747
2010
Jane Street
Jane Street
New York
$112M -98% 1,704,373
2011
Two Sigma Advisers
Two Sigma Advisers
New York
$112M -89% 1,622,900
2012
Capital World Investors
Capital World Investors
California
$112M Closed 1,116,610
2013
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
$112M -72% 406,619
2014
ACP
Atalan Capital Partners
New York
$112M Closed 1,410,000
2015
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
$111M Closed 6,609,187
2016
Mitsubishi UFJ Trust & Banking
Mitsubishi UFJ Trust & Banking
Japan
$111M -100% 2,344,526
2017
FPP
Findlay Park Partners
United Kingdom
$111M -50% 1,335,284
2018
Select Equity Group
Select Equity Group
New York
$111M Closed 579,126
2019
N
Natixis
France
$111M Closed 2,740,552
2020
Fidelity Investments
Fidelity Investments
Massachusetts
$111M -50% 2,187,529
2021
Millennium Management
Millennium Management
New York
$111M -69% 881,707
2022
Holocene Advisors
Holocene Advisors
New York
$111M -100% 1,947,801
2023
BC
Brookfield Corp
Ontario, Canada
$111M Closed 6,584,873
2024
GQG Partners
GQG Partners
Florida
$111M -99% 7,242,908
2025
SIM
SRS Investment Management
New York
$111M Closed 509,736