High Conviction Fund Sells

Stock Fund Market Value Change
in Stake
Shares
2001
PCH
Polar Capital Holdings
United Kingdom
$116M -86% 1,058,973
2002
Holocene Advisors
Holocene Advisors
New York
$116M -76% 1,055,988
2003
Jane Street
Jane Street
New York
$116M -78% 4,357,555
2004
Two Sigma Investments
Two Sigma Investments
New York
$116M Closed 464,555
2005
Susquehanna International Group
Susquehanna International Group
Pennsylvania
$116M -56% 2,293,712
2006
Fidelity International
Fidelity International
Bermuda
$116M -52% 2,716,390
2007
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
$116M -61% 1,129,979
2008
Brown Advisory
Brown Advisory
Maryland
$116M -94% 1,138,000
2009
Point72 Asset Management
Point72 Asset Management
Connecticut
$116M Closed 406,242
2010
DG
DigitalBridge Group
Florida
$116M -97% 3,585,081
2011
N
Nuveen
North Carolina
$116M -68% 5,447,109
2012
CCMG
Clark Capital Management Group
Pennsylvania
$116M -100% 2,400,780
2013
HI
Horizon Investments
North Carolina
$116M -63% 1,580,048
2014
AWA
Aaron Wealth Advisors
Illinois
$116M -97% 3,735,874
2015
Skandinaviska Enskilda Banken (SEB)
Skandinaviska Enskilda Banken (SEB)
Sweden
$116M -53% 851,451
2016
SM
SCGE Management
California
$116M Closed 2,818,504
2017
CIAS
CBIZ Investment Advisory Services
Ohio
$116M Closed 1,053,733
2018
Ninety One (UK)
Ninety One (UK)
United Kingdom
$115M Closed 1,122,746
2019
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
$115M -74% 3,938,093
2020
TAL
TIG Advisors LLC
New York
$115M Closed 12,486,981
2021
DSA
Davis Selected Advisers
Arizona
$115M Closed 46,147,871
2022
Neuberger Berman Group
Neuberger Berman Group
New York
$115M -96% 1,588,742
2023
Man Group
Man Group
United Kingdom
$115M Closed 430,760
2024
MSE
MUFG Securities EMEA
United Kingdom
$115M -90% 597,385
2025
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
$115M -65% 334,600