High Conviction Fund Sells

Stock Fund Market Value Change
in Stake
Shares
1
Bank of America
Bank of America
North Carolina
$10.1B -53% 39,002,140
2
SWA
SFMG Wealth Advisors
Texas
$8.61B -99% 45,343,923
3
Berkshire Hathaway
Berkshire Hathaway
Nebraska
$5.32B -94% 36,587,671
4
UBS Group
UBS Group
Switzerland
$4.22B -51% 16,246,321
5
Temasek Holdings
Temasek Holdings
Singapore
$3.47B Closed 65,031,667
6
STT
Singapore Technologies Telemedia
Singapore
$3.47B Closed 65,031,667
7
Capital Research Global Investors
Capital Research Global Investors
California
$3.38B -78% 69,005,040
8
Northern Trust
Northern Trust
Illinois
$2.95B -55% 18,519,269
9
Citigroup
Citigroup
New York
$2.83B -65% 10,899,594
10
Vanguard Group
Vanguard Group
Pennsylvania
$2.53B Closed 7,903,919
11
Edgewood Management
Edgewood Management
Connecticut
$2.4B -73% 19,145,223
12
Fundsmith LLP
Fundsmith LLP
United Kingdom
$2.22B -76% 14,088,162
13
FAG
Financial Advisory Group
Texas
$1.96B -100% 6,899
14
Korea Investment Corp
Korea Investment Corp
South Korea
$1.89B -88% 68,495,445
15
MAM
Magellan Asset Management
Australia
$1.78B -87% 34,956,880
16
Fidelity Investments
Fidelity Investments
Massachusetts
$1.68B -57% 20,998,557
17
Vanguard Group
Vanguard Group
Pennsylvania
$1.58B Closed 29,713,713
18
BlackRock
BlackRock
New York
$1.55B Closed 4,823,232
19
BA
Bridgewater Associates
Connecticut
$1.52B -50% 32,823,279
20
SAM
Southeastern Asset Management
Tennessee
$1.48B Closed 27,783,714
21
Morgan Stanley
Morgan Stanley
New York
$1.45B -56% 31,267,785
22
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
$1.43B -72% 19,395,428
23
Citigroup
Citigroup
New York
$1.41B -56% 9,372,059
24
Dodge & Cox
Dodge & Cox
California
$1.37B -71% 44,862,342
25
SG Americas Securities
SG Americas Securities
New York
$1.33B -98% 24,237,460