High Conviction Fund Sells

Stock Fund Market Value Change
in Stake
Shares
2001
National Bank of Canada
National Bank of Canada
Quebec, Canada
$113M -55% 1,028,549
2002
Los Angeles Capital Management
Los Angeles Capital Management
California
$113M -95% 995,989
2003
Cerity Partners
Cerity Partners
New York
$113M Closed 1,426,019
2004
AllianceBernstein
AllianceBernstein
Tennessee
$113M -90% 1,635,963
2005
D.E. Shaw & Co
D.E. Shaw & Co
New York
$113M -68% 1,576,569
2006
State Street
State Street
Massachusetts
$113M Closed 2,845,839
2007
ClearBridge Investments
ClearBridge Investments
New York
$113M Closed 4,384,235
2008
Balyasny Asset Management
Balyasny Asset Management
Illinois
$113M Closed 1,090,908
2009
PCM
Palestra Capital Management
New York
$113M Closed 414,990
2010
Lazard Asset Management
Lazard Asset Management
New York
$113M -59% 2,162,252
2011
HSBC Holdings
HSBC Holdings
United Kingdom
$113M -51% 250,560
2012
Norges Bank
Norges Bank
Norway
$113M -92% 425,606
2013
SPP
Single Point Partners
Massachusetts
$113M Closed 214,217
2014
Los Angeles Capital Management
Los Angeles Capital Management
California
$113M -89% 199,068
2015
UBS AM
UBS AM
Illinois
$113M Closed 39,357,574
2016
Two Sigma Investments
Two Sigma Investments
New York
$113M -88% 1,608,794
2017
SC
Sculptor Capital
New York
$113M -56% 231,500
2018
Artisan Partners
Artisan Partners
Wisconsin
$112M -64% 716,774
2019
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$112M Closed 1,998,250
2020
Jane Street
Jane Street
New York
$112M -65% 2,307,345
2021
PC
PointState Capital
New York
$112M -59% 2,227,654
2022
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT)
United Kingdom
$112M -87% 886,850
2023
CCG
Clearlake Capital Group
California
$112M Closed 4,957,547
2024
Morgan Stanley
Morgan Stanley
New York
$112M Closed 1,781,844
2025
DPCM
Darlington Partners Capital Management
California
$112M Closed 4,486,993