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Stagwell
STGW

Name Holding Trade Value Shares
Change 		Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$83.7M +$79M +6,959,336 New
CCMLC
2
Cardinal Capital Management LLC (Connecticut)
Connecticut
$28.3M +$26.7M +2,354,750 New
Wellington Management Group
3
Wellington Management Group
Massachusetts
$27.5M +$26M +2,287,557 New
Boston Partners
4
Boston Partners
Massachusetts
$22.2M +$21M +1,846,995 New
GMCM
5
Gruber & McBaine Capital Management
California
$20.8M +$19.6M +1,727,979 New
BA
6
Broadview Advisors
Wisconsin
$20.3M +$19.1M +1,684,083 New
William Blair & Company
7
William Blair & Company
Illinois
$13.1M +$12.4M +1,087,785 New
RFC
8
Russell Frank Company
Washington
$12.2M +$11.6M +1,017,362 New
GC
9
GMT Capital
Georgia
$12M +$11.3M +997,350 New
BFA
10
BlackRock Fund Advisors
California
$11.6M +$10.9M +960,914 New
NTCOC
11
Northern Trust Company of Connecticut
Connecticut
$9.63M +$9.09M +800,670 New
RCM
12
Redwood Capital Management
New York
$9.02M +$8.52M +750,000 New
GCM
13
Goldman Capital Management
New York
$8.2M +$7.74M +681,744 New
State Street
14
State Street
Massachusetts
$7.2M +$6.8M +598,800 New
Vanguard Group
15
Vanguard Group
Pennsylvania
$7.09M +$6.7M +589,953 New
SAM
16
Skyline Asset Management
Illinois
$7.03M +$6.64M +584,700 New
BIT
17
BlackRock Institutional Trust
California
$6.34M +$5.99M +527,117 New
Northern Trust
18
Northern Trust
Illinois
$5.46M +$5.15M +453,875 New
PCP
19
Perimeter Capital Partners
Georgia
$4.62M +$4.36M +384,209 New
AC
20
Amici Capital
New York
$4.36M +$4.11M +362,163 New
PI
21
Putnam Investments
Massachusetts
$4.28M +$4.04M +355,650 New
Thrivent Financial for Lutherans
22
Thrivent Financial for Lutherans
Minnesota
$4.2M +$3.96M +349,020 New
Renaissance Technologies
23
Renaissance Technologies
New York
$3.85M +$3.64M +320,400 New
BPIM
24
Brant Point Investment Management
New York
$3.6M +$3.4M +299,700 New
Bank of New York Mellon
25
Bank of New York Mellon
New York
$2.6M +$2.45M +216,161 New
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