Institutional Investors
| Institution | Portfolio value | Positions | Avg position | As of |
|---|---|---|---|---|
| ELEMENT CAPITAL MANAGEMENT LLC | $3,202,147,220 | 72 | $44,474,267 | June 30, 2026 |
| Nan Shan Life Insurance Co., Ltd. | $3,191,822,185 | 82 | $38,924,661 | June 30, 2026 |
| BRISTOL JOHN W & CO INC /NY/ | $3,188,796,961 | 62 | $51,432,209 | June 30, 2026 |
| Constellation Investments, Inc. | $3,184,331,796 | 19 | $167,596,410 | June 30, 2026 |
| Trivest Advisors Ltd | $3,181,046,146 | 15 | $212,069,743 | June 30, 2026 |
| Covea Finance | $3,165,121,982 | 153 | $20,687,072 | June 30, 2026 |
| Fidelity National Financial, Inc. | $3,161,660,910 | 30 | $105,388,697 | June 30, 2026 |
| Pacific Heights Asset Management LLC | $3,158,133,000 | 77 | $41,014,714 | June 30, 2026 |
| Blue Whale Capital LLP | $3,151,355,143 | 27 | $116,716,857 | June 30, 2026 |
| Hyperion Asset Management Ltd | $3,137,642,601 | 18 | $174,313,478 | March 31, 2026 Previous quarter |
| EULAV Asset Management | $3,132,283,457 | 152 | $20,607,128 | June 30, 2026 |
| ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORP | $3,119,290,941 | 16 | $194,955,684 | June 30, 2026 |
| HAWK RIDGE CAPITAL MANAGEMENT LP | $3,117,933,182 | 44 | $70,862,118 | June 30, 2026 |
| Alphinity Investment Management Pty Ltd | $3,111,409,779 | 27 | $115,237,399 | June 30, 2026 |
| Dixon Mitchell Investment Counsel Inc. | $3,074,732,419 | 144 | $21,352,308 | June 30, 2026 |
| CAPITAL INTERNATIONAL LTD /CA/ | $3,064,225,320 | 150 | $20,428,169 | June 30, 2026 |
| Patient Capital Management, LLC | $3,050,483,973 | 40 | $76,262,099 | June 30, 2026 |
| Comprehensive Financial Management LLC | $3,046,884,292 | 39 | $78,125,238 | June 30, 2026 |
| Hirtle & Co., LLC | $3,042,169,079 | 128 | $23,766,946 | June 30, 2026 |
| Cornerstone Advisors, LLC | $3,036,578,372 | 112 | $27,112,307 | June 30, 2026 |
| Scharf Investments, LLC | $3,027,414,440 | 79 | $38,321,702 | June 30, 2026 |
| Empyrean Capital Partners, LP | $3,026,803,175 | 122 | $24,809,862 | June 30, 2026 |
| SCHWARTZ INVESTMENT COUNSEL INC | $3,013,688,282 | 138 | $21,838,321 | June 30, 2026 |
| Hosking Partners LLP | $3,008,231,980 | 98 | $30,696,245 | June 30, 2026 |
| GENEVA CAPITAL MANAGEMENT LLC | $2,996,246,772 | 119 | $25,178,544 | June 30, 2026 |
| Wharton Business Group, LLC | $2,990,792,461 | 142 | $21,061,919 | June 30, 2026 |
| L1 Capital Pty Ltd | $2,974,961,210 | 24 | $123,956,717 | June 30, 2026 |
| Giverny Capital Inc. | $2,974,321,189 | 51 | $58,320,023 | June 30, 2026 |
| Focused Investors LLC | $2,962,405,258 | 23 | $128,800,229 | June 30, 2026 |
| Palestra Capital Management LLC | $2,949,370,243 | 21 | $140,446,202 | June 30, 2026 |
| Waratah Capital Advisors Ltd. | $2,941,254,362 | 142 | $20,713,059 | June 30, 2026 |
| Caledonia (Private) Investments Pty Ltd | $2,929,421,086 | 17 | $172,318,887 | June 30, 2026 |
| ATALANTA SOSNOFF CAPITAL, LLC | $2,915,902,307 | 112 | $26,034,842 | June 30, 2026 |
| Soleus Capital Management, L.P. | $2,901,979,696 | 97 | $29,917,316 | June 30, 2026 |
| POTOMAC FUND MANAGEMENT INC /ADV | $2,877,825,028 | 105 | $27,407,857 | March 31, 2026 Previous quarter |
| Hardman Johnston Global Advisors LLC | $2,850,046,269 | 77 | $37,013,588 | June 30, 2026 |
| Dorsal Capital Management, LP | $2,824,404,988 | 24 | $117,683,541 | June 30, 2026 |
| Encompass Capital Advisors LLC | $2,811,190,818 | 54 | $52,059,089 | June 30, 2026 |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC | $2,810,642,992 | 44 | $63,878,250 | June 30, 2026 |
| Consulta Ltd | $2,771,738,728 | 15 | $184,782,582 | June 30, 2026 |
| James Hambro & Partners LLP | $2,763,843,473 | 68 | $40,644,757 | June 30, 2026 |
| Analog Century Management LP | $2,732,038,915 | 25 | $109,281,557 | June 30, 2026 |
| TIMUCUAN ASSET MANAGEMENT INC/FL | $2,717,579,008 | 27 | $100,651,074 | June 30, 2026 |
| Steele Capital Management, Inc. | $2,717,532,623 | 85 | $31,970,972 | June 30, 2026 |
| Avantyr Capital Partners, LP | $2,717,114,309 | 24 | $113,213,096 | June 30, 2026 |
| Glenorchy Capital Ltd | $2,714,009,080 | 65 | $41,753,986 | June 30, 2026 |
| Avala Global LP | $2,712,022,670 | 30 | $90,400,756 | June 30, 2026 |
| BRAIDWELL LP | $2,703,471,368 | 86 | $31,435,714 | June 30, 2026 |
| Allianz Investment Management U.S. LLC | $2,676,766,727 | 65 | $41,181,027 | Sept. 30, 2025 Stale |
| Mizuho Markets Cayman LP | $2,665,107,501 | 95 | $28,053,763 | June 30, 2026 |
Page 9
of 17