| HORIZON KINETICS ASSET MANAGEMENT LLC |
| 48.64% | 51.51% | #3 | $4.29B | 9.8M | $4.75B | 10.0M | -212,480-2.12% | Reduce |
| BlackRock, Inc. |
| 0.03% | 0.05% | #360 | $2.32B | 5.3M | $2.82B | 6.0M | -656,261-11.02% | Reduce |
| STATE STREET CORP |
| 0.05% | 0.06% | #293 | $1.74B | 4.0M | $1.80B | 3.8M | +179,791+4.75% | Add |
| VANGUARD CAPITAL MANAGEMENT LLC |
| 0.04% | 0.04% | #353 | $1.67B | 3.8M | $1.80B | 3.8M | +25,178+0.67% | Add |
| VANGUARD PORTFOLIO MANAGEMENT LLC |
| 0.06% | 0.08% | #271 | $1.39B | 3.2M | $1.49B | 3.1M | +41,227+1.31% | Add |
| Blue Trust, Inc. |
| 9.3% | 0.5% | #8 | $974.7M | 2.2M | $44.1M | 2.2M | -45-0.00% | Reduce |
| GEODE CAPITAL MANAGEMENT, LLC |
| 0.04% | 0.05% | #337 | $717.9M | 1.6M | $772.4M | 1.6M | +13,188+0.81% | Add |
| SoftVest Advisors, LLC |
| 73.28% | 80.06% | #2 | $675.0M | 1.5M | $698.2M | 1.5M | +71,100+4.83% | Add |
| FIRST MANHATTAN CO. LLC. |
| 1.19% | 1.4% | #48 | $466.0M | 1.1M | $504.3M | 1.1M | +1,972+0.19% | Add |
| MORGAN STANLEY |
| 0.02% | 0.01% | #450 | $425.5M | 972,321 | $222.3M | 238,075 | +734,246+308.41% | Add |
| Invesco Ltd. |
| 0.02% | 0.04% | #426 | $313.2M | 715,743 | $295.3M | 622,175 | +93,568+15.04% | Add |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC |
| 0.04% | 0.04% | #340 | $283.5M | 647,812 | $291.1M | 613,374 | +34,438+5.61% | Add |
| JANE STREET GROUP, LLC |
| 0.02% | 0.02% | #449 | $272.9M | 623,536 | $135.6M | 285,683 | +337,853+118.26% | Add |
| PACIFIC HEIGHTS ASSET MANAGEMENT LLC |
| 8.18% | 9.85% | #11 | $258.2M | 590,000 | $294.2M | 620,000 | -30,000-4.84% | Reduce |
| NORTHERN TRUST CORP |
| 0.03% | 0.03% | #406 | $236.6M | 540,628 | $258.6M | 544,883 | -4,255-0.78% | Reduce |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP |
| 0.02% | 0.02% | #499 | $219.3M | 501,153 | $219.0M | 461,487 | +39,666+8.60% | Add |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC |
| 0.04% | 0.04% | #338 | $208.9M | 477,430 | $211.9M | 446,519 | +30,911+6.92% | Add |
| CITADEL ADVISORS LLC |
| 0.02% | 0.02% | #441 | $204.7M | 467,693 | $125.3M | 264,050 | +203,643+77.12% | Add |
| UBS Group AG |
| 0.03% | 0.03% | #424 | $196.9M | 449,844 | $225.0M | 474,207 | -24,363-5.14% | Reduce |
| DIMENSIONAL FUND ADVISORS LP |
| 0.04% | 0.04% | #356 | $193.8M | 442,988 | $204.5M | 431,090 | +11,898+2.76% | Add |
| SCHWARTZ INVESTMENT COUNSEL INC |
| 6% | 6.93% | #13 | $180.9M | 413,457 | $195.0M | 410,926 | +2,531+0.62% | Add |
| Legal & General Group Plc |
| 0.03% | 0.04% | #373 | $153.4M | 350,454 | $191.0M | 402,574 | -52,120-12.95% | Reduce |
| Bank of New York Mellon Corp |
| 0.02% | 0.03% | #431 | $149.1M | 340,777 | $169.6M | 357,379 | -16,602-4.65% | Reduce |
| VANGUARD FIDUCIARY TRUST CO |
| 0.03% | 0.04% | #372 | $146.1M | 333,823 | $158.8M | 334,573 | -750-0.22% | Reduce |
| GOLDMAN SACHS GROUP INC |
| 0.01% | 0.02% | #547 | $139.4M | 318,614 | $177.5M | 374,012 | -55,398-14.81% | Reduce |
| Tidal Investments LLC |
| 0.24% | 0.27% | #136 | $137.6M | 314,303 | $127.7M | 269,410 | +44,893+16.66% | Add |
| TD ASSET MANAGEMENT INC |
| 0.12% | 0.15% | #198 | $133.0M | 303,908 | $179.7M | 378,646 | -74,738-19.74% | Reduce |
| Amundi |
| 0.03% | 0.04% | #383 | $127.0M | 290,162 | $132.8M | 279,786 | +10,376+3.71% | Add |
| MAD RIVER INVESTORS |
| 46.58% | 48.69% | #4 | $124.9M | 285,330 | $135.3M | 285,120 | +210+0.07% | Add |
| AQR CAPITAL MANAGEMENT LLC |
| 0.04% | 0.01% | #316 | $123.7M | 282,585 | $31.2M | 65,673 | +216,912+330.29% | Add |
| IMC-Chicago, LLC |
| 0.03% | 0.04% | #393 | $122.1M | 279,100 | $100.5M | 211,800 | +67,300+31.78% | Add |
| Epoch Investment Partners, Inc. |
| 0.69% | 0.95% | #73 | $121.8M | 278,323 | $157.1M | 331,137 | -52,814-15.95% | Reduce |
| PRICE T ROWE ASSOCIATES INC /MD/ |
| 0.01% | 0.01% | #549 | $120.4M | 275,222 | $90.6M | 190,946 | +84,276+44.14% | Add |
| York GP, Ltd. |
| 93.04% | 99.82% | #1 | $117.6M | 268,600 | $127.5M | 268,600 | 00.00% | Unchanged |
| BANK OF AMERICA CORP /DE/ |
| 0.01% | 0.01% | #616 | $115.2M | 263,251 | $125.6M | 264,740 | -1,489-0.56% | Reduce |
| DEUTSCHE BANK AG\ |
| 0.03% | 0.03% | #375 | $109.1M | 249,202 | $96.1M | 202,510 | +46,692+23.06% | Add |
| FIRST TRUST ADVISORS LP |
| 0.06% | 0.05% | #270 | $106.8M | 243,996 | $73.9M | 155,810 | +88,186+56.60% | Add |
| Douglass Winthrop Advisors, LLC |
| 1.84% | — | #39 | $106.5M | 243,355 | $0 | 0 | +243,355 | New Buy |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM |
| 0.09% | 0.12% | #233 | $94.5M | 215,832 | $112.6M | 237,252 | -21,420-9.03% | Reduce |
| Focus Partners Wealth |
| 0.08% | 0.1% | #239 | $82.3M | 188,029 | $89.6M | 188,893 | -864-0.46% | Reduce |
| Nuveen, LLC |
| 0.02% | 0.02% | #484 | $80.2M | 183,339 | $76.6M | 161,414 | +21,925+13.58% | Add |
| RAYMOND JAMES FINANCIAL INC |
| 0.02% | 0.01% | #464 | $79.1M | 180,865 | $48.4M | 101,957 | +78,908+77.39% | Add |
| Moors & Cabot, Inc. |
| 2.93% | 3.46% | #28 | $75.5M | 172,413 | $80.9M | 170,484 | +1,929+1.13% | Add |
| Swiss National Bank |
| 0.04% | 0.05% | #339 | $72.3M | 165,253 | $81.6M | 171,973 | -6,720-3.91% | Reduce |
| EagleClaw Capital Managment, LLC |
| 9.02% | 10.09% | #9 | $67.2M | 153,629 | $72.1M | 151,894 | +1,735+1.14% | Add |
| Annex Advisory Services, LLC |
| 1.15% | 0.67% | #49 | $67.2M | 153,464 | $35.6M | 75,040 | +78,424+104.51% | Add |
| Walleye Trading LLC |
| 0.08% | 0.06% | #247 | $66.3M | 151,600 | $36.6M | 77,200 | +74,400+96.37% | Add |
| WELLS FARGO & COMPANY/MN |
| 0.01% | 0.01% | #565 | $65.8M | 150,258 | $65.3M | 137,565 | +12,693+9.23% | Add |
| PNC FINANCIAL SERVICES GROUP, INC. |
| 0.03% | 0.04% | #377 | $63.6M | 145,242 | $69.8M | 146,982 | -1,740-1.18% | Reduce |
| BNP PARIBAS FINANCIAL MARKETS |
| 0.03% | 0.03% | #392 | $61.8M | 141,301 | $56.5M | 119,008 | +22,293+18.73% | Add |
