Institutional Ownership

Ownership > 100%

Ownership Information

Shares Outstanding

174,636,938

Short Interest Shares

6,211,256

Float (%)

84.85

Institutional Ownership (%)

81.89

Mutual Fund Ownership (%)

46.01

Insider Ownership (%)

15.15

Top 10 Instn Holders (%)

42.90

Ownership Activity - Total Positions

Company	Shares	% Out	Value ($)	Reported	Change
Vanguard Group Inc.	20,370,123	11.66	3,953,433,472	12/31/2019	131,312
BlackRock Inc.	16,392,658	9.39	3,181,487,065	12/31/2019	209,797
State Street Global Advisors Inc.	10,467,948	5.99	2,031,619,348	12/31/2019	(641,080)
Wellington Management Group LLP	6,138,049	3.51	1,191,272,550	12/31/2019	(347,595)
Cohen & Steers Capital Management Inc.	4,985,230	2.85	967,533,438	12/31/2019	1,114,924
Stichting Pensioenfonds ABP	4,951,151	2.84	960,919,386	12/31/2019	(253,500)
Geode Capital Management LLC	3,186,810	1.82	618,496,085	12/31/2019	235,577
JP Morgan Asset Management	3,135,267	1.80	608,492,619	12/31/2019	607,440
Massachusetts Financial Services Co.	2,678,436	1.53	519,830,859	12/31/2019	(104,265)
Northern Trust Global Investments	2,389,027	1.37	463,662,360	12/31/2019	(8,079)
Dimensional Fund Advisors LP	2,326,773	1.33	451,580,104	12/31/2019	(16,436)
Charles Schwab Investment Management Inc.	1,937,205	1.11	375,972,746	12/31/2019	55,347
Managed Account Advisors LLC	1,805,340	1.03	350,380,387	12/31/2019	373,017
UBS Asset Management AG	1,798,209	1.03	348,996,403	12/31/2019	235,213
T. Rowe Price Group Inc.	1,703,525	0.98	330,620,132	12/31/2019	(1,885,745)
Capital Research & Mgmt Co.	1,678,609	0.96	325,784,435	12/31/2019	(325,941)
Legal & General Investment Management Ltd.	1,670,865	0.96	324,281,479	12/31/2019	47,534
Renaissance Technologies LLC	1,531,872	0.88	297,305,718	12/31/2019	11,915
Norges Bank Investment Management	1,515,766	0.87	294,179,865	12/31/2019	34,275
Parnassus Investments	1,426,584	0.82	276,871,423	12/31/2019	188,790

Displaying 1 to 20 (of 1052)

Institutional Ownership

Total Positions

New Positions

Increased Positions

Decreased Positions

Soldout Positions

Net Change

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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.