Institutional Ownership

Ownership > 100%

Ownership Information

Shares Outstanding

18,376,991

Short Interest Shares

277,663

Float (%)

86.74

Institutional Ownership (%)

42.36

Mutual Fund Ownership (%)

21.98

Insider Ownership (%)

13.26

Top 10 Instn Holders (%)

32.13

Ownership Activity - Total Positions

Company	Shares	% Out	Value ($)	Reported	Change
BlackRock Inc.	1,268,001	6.90	36,695,949	12/31/2019	24,872
Dimensional Fund Advisors LP	1,154,001	6.28	33,396,789	12/31/2019	(25,013)
Vanguard Group Inc.	718,440	3.91	20,791,654	12/31/2019	(18,303)
Systematic Financial Management L.P.	578,380	3.15	16,738,317	12/31/2019	2,590
State Street Global Advisors Inc.	355,202	1.93	10,279,546	12/31/2019	6,353
Renaissance Technologies LLC	269,492	1.47	7,799,098	12/31/2019	5,800
Northern Trust Global Investments	192,918	1.05	5,583,047	12/31/2019	(3,183)
Geode Capital Management LLC	192,162	1.05	5,561,168	12/31/2019	4,901
Dalton Greiner Hartman Maher & Co. LLC	164,908	0.90	4,772,438	12/31/2019	7,116
BNY Asset Management	135,032	0.73	3,907,826	12/31/2019	35,881
JP Morgan Asset Management	107,431	0.58	3,109,053	12/31/2019	(10,725)
Millennium Management LLC	87,036	0.47	2,518,822	12/31/2019	56,374
Charles Schwab Investment Management Inc.	85,685	0.47	2,479,724	12/31/2019	980
Grantham Mayo Van Otterloo & Co. LLC	69,352	0.38	2,007,047	12/31/2019	0
PanAgora Asset Management Inc.	62,647	0.34	1,813,004	12/31/2019	(557)
Acadian Asset Management LLC	62,461	0.34	1,807,621	12/31/2019	7,785
TIAA	62,191	0.34	1,799,808	12/31/2019	(2,234)
First Manhattan Co.	58,392	0.32	1,689,864	12/31/2019	58,392
JPMorgan Chase & Co.	56,530	0.31	1,635,978	12/31/2019	15,036
Martingale Asset Management L.P.	54,605	0.30	1,580,269	12/31/2019	16,300

Displaying 1 to 20 (of 129)

Institutional Ownership

Institutional Ownership

Total Positions

New Positions

Increased Positions

Decreased Positions

Soldout Positions

Net Change

List of possible reasons behind the infrequent cases where we have total institutional ownership that exceeds 100% of the common shares outstanding for a specific company:

Double-counting - On the 13-F filing, each institutional holder must report all securities over which they exercise sole or shared investment discretion. In cases where investment discretion is shared by more than one institution, care is generally taken to prevent double-counting, but there is always the exception. Another cause of double-counting is a company name change for the 13F filer where the holdings are accounted for under both filer names.

Short Interest - A large short interest amount affects the institutional ownership amount considerably because all shares that have been sold short appear as holdings in two separate portfolios. One institution has lent its shares to a short seller, while the same shares have been purchased by another reporting institution. Consequently, the institutional ownership percentage reflected in the 13-F filings is overstated as a percentage of total shares outstanding.

A gap between 'as of' dates - In the case where gaps between the 'as of' dates of the holdings and the shares outstanding arise, the percentage owned could be skewed due to a sharp increase/decrease in shares out. Again, this case doesn’t come up very often but the results are unavoidable.

Other possible reasons: a) An overlap occurs amongst reporting institutions; b) The 13F filing includes holdings other than common stock issues; c) Mutual fund money is co-advised and incorrectly reported by multiple institutions.