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Ecolab
ECL

Name Holding Trade Value Shares
Change 		Change in
Stake
ASRS
176
Arizona State Retirement System
Arizona
$12.7M +$12.6M +149,636 New
Axa
177
Axa
France
$12.7M +$12.5M +148,563 New
SAM
178
Shell Asset Management
Netherlands
$12.3M +$12.2M +144,817 New
WDA
179
Wendell David Associates
New Hampshire
$12.3M +$12.2M +144,650 New
CISOA
180
Capital Investment Services of America
Wisconsin
$12.2M +$12.1M +143,306 New
CCM
181
Copeland Capital Management
Pennsylvania
$12.1M +$12M +142,422 New
Massachusetts Financial Services
182
Massachusetts Financial Services
Massachusetts
$12M +$11.9M +140,900 New
VOYA Investment Management
183
VOYA Investment Management
Georgia
$11.9M +$11.8M +139,215 New
SP
184
Sarasin & Partners
United Kingdom
$11.7M +$11.6M +137,360 New
TPSF
185
Texas Permanent School Fund
Texas
$11.6M +$11.5M +136,701 New
CT
186
Cambridge Trust
Massachusetts
$11.6M +$11.5M +136,007 New
PI
187
PineBridge Investments
New York
$11M +$10.9M +129,446 New
IRF
188
IBM Retirement Fund
New York
$10.6M +$10.5M +124,465 New
DAM
189
Delta Asset Management
Tennessee
$10.5M +$10.4M +123,364 New
Allianz Asset Management
190
Allianz Asset Management
Germany
$10.4M +$10.4M +122,609 New
CA
191
Commerzbank Aktiengesellschaft
Germany
$10.4M +$10.3M +121,588 New
LM
192
Luminus Management
Texas
$10.3M +$10.2M +120,476 New
BTW
193
Boston Trust Walden
Massachusetts
$10.2M +$10.1M +119,510 New
YIA
194
YHB Investment Advisors
Connecticut
$10.1M +$10M +118,406 New
HCM
195
Howland Capital Management
Massachusetts
$10.1M +$9.97M +118,156 New
PI
196
Putnam Investments
Massachusetts
$10.1M +$9.97M +118,063 New
ILIM
197
Irish Life Investment Managers
Ireland
$10M +$9.92M +117,526 New
BPB
198
Badgley, Phelps & Bell
Washington
$9.87M +$9.78M +115,868 New
ICAP
199
Independence Capital Asset Partners
Colorado
$9.79M +$9.71M +114,974 New
OPCM
200
Osborne Partners Capital Management
California
$9.72M +$9.63M +114,095 New
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