AarAIR
13F holders, Q2 2024 (June 30)248holders −3
32new positions
35sold out
8famous investors
$72.69avg. 13F price*
At the end of Q2 2024, 248 institutions reported holding Aar Corp. (AIR) in their 13F filings, down 3 from Q1 2024. 32 opened new positions and 35 sold out. The largest holders were BlackRock Inc. ($410.4M), Vanguard Group Inc. ($270.4M) and Dimensional Fund Advisors LP ($202.5M). 8 famous investors held it, including Mario Gabelli (0.2% of GAMCO Investors's portfolio), George Soros (0.2% of Soros Fund Management's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).
- Company
- Aar Corp.
- CUSIP
- 000361105
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2024 → Q2 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 32 | $100.5M |
| Exits | 35 | $30.8M |
All 13F filers, Q1 2024 → Q2 2024: 4,115,770 shares bought and 3,219,875 shares sold, net +895,895 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 248 holders
| BlackRock Inc. | 0.01% | Reduce -4.8% | 5,645,602 | $410.4M |
| Vanguard Group Inc. | 0.01% | Reduce -0.7% | 3,719,781 | $270.4M |
| Dimensional Fund Advisors LP | 0.05% | Add +0.1% | 2,785,790 | $202.5M |
| State Street Corp. | 0.01% | Reduce -18.9% | 1,973,249 | $143.5M |
| Earnest Partners LLC | 0.54% | Add +3.2% | 1,588,893 | $115.5M |
| Westwood Holdings Group Inc. | 0.64% | New | 1,069,523 | $77.8M |
| American Century Companies Inc. | 0.04% | Add +1956.5% | 909,953 | $66.2M |
| Franklin Resources Inc. | 0.02% | Reduce -2.0% | 855,281 | $62.2M |
| Geode Capital Management, LLC | 0.00% | Add +3.8% | 769,215 | $55.9M |
| Loomis Sayles & Co. L P | 0.07% | Reduce -3.8% | 656,052 | $47.7M |
| Rubric Capital Management LP | 1.10% | Reduce -20.7% | 575,000 | $41.8M |
| Allspring Global Investments Holdings, LLC | 0.07% | Add +41.0% | 551,439 | $40.1M |
| Boston Partners | 0.05% | Add +25.3% | 531,520 | $38.7M |
| Janus Henderson Group PLC | 0.02% | Reduce -0.0% | 530,526 | $38.6M |
| Charles Schwab Investment Management Inc. | 0.01% | Reduce -2.4% | 526,297 | $38.3M |
| Fred Alger Management, LLC | 0.18% | Reduce -1.7% | 513,720 | $37.3M |
| Emerald Advisers, LLC | 1.48% | Add +21.0% | 485,007 | $35.3M |
| Principal Financial Group Inc. | 0.02% | Reduce -16.4% | 422,226 | $30.7M |
| Bank of New York Mellon Corp | 0.01% | Add +37.6% | 421,770 | $30.7M |
| Invesco Ltd. | 0.01% | Reduce -57.8% | 418,480 | $30.4M |
| Emerald Mutual Fund Advisers Trust | 1.51% | Add +16.6% | 396,566 | $28.8M |
| Northern Trust Corp. | 0.00% | Reduce -2.6% | 393,132 | $28.6M |
| Morgan Stanley | 0.00% | Reduce -12.8% | 386,767 | $28.1M |
| Segall Bryant & Hamill, LLC | 0.49% | Reduce -11.6% | 382,587 | $27.8M |
| Royal Bank of Canada | 0.01% | Add +3923.8% | 311,565 | $22.7M |
| Millennium Management | 0.02% | Add +37.4% | 310,144 | $22.5M |
| Thrivent Financial for Lutherans | 0.04% | Add +83.6% | 297,482 | $21.6M |
| GAMCO Investors | 0.22% | Reduce -0.3% | 277,357 | $20.2M |
| Victory Capital Management Inc. | 0.02% | Reduce -19.7% | 271,616 | $19.7M |
| Macquarie Group Ltd. | 0.02% | Add +689.8% | 256,319 | $18.6M |
| Royce & Associates LP | 0.15% | Reduce -3.5% | 223,640 | $16.3M |
| Fisher Asset Management | 0.01% | Add +24.2% | 210,342 | $15.3M |
| First Eagle Investment Management, LLC | 0.03% | Add +0.9% | 199,505 | $14.5M |
| Bank of America Corp. | 0.00% | Reduce -8.3% | 197,924 | $14.4M |
| Mairs & Power Inc. | 0.13% | Reduce -11.3% | 178,119 | $12.9M |
| Sei Investments Co. | 0.02% | Add +73.5% | 169,200 | $12.3M |
| Norges Bank | 0.00% | Reduce -43.8% | 166,245 | $12.1M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -31.1% | 165,041 | $12.0M |
| Ameriprise Financial Inc. | 0.00% | Add +0.9% | 163,627 | $11.9M |
| Nuveen Asset Management, LLC | 0.00% | Add +16.6% | 152,256 | $11.1M |
| Phocas Financial Corp. | 1.19% | Reduce -1.9% | 144,109 | $10.5M |
| Envestnet Asset Management Inc. | 0.00% | Add +6.5% | 130,437 | $9.5M |
| Chicago Capital, LLC | 0.28% | Add +1.9% | 127,951 | $9.3M |
| Rhumbline Advisers | 0.01% | Reduce -1.3% | 119,311 | $8.7M |
| Chartwell Investment Partners, LLC | 0.30% | Reduce -0.2% | 116,522 | $8.5M |
| Legal & General Group Plc | 0.00% | Reduce -3.2% | 111,094 | $8.1M |
| Qube Research & Technologies Ltd | 0.01% | Reduce -52.4% | 110,623 | $8.0M |
| Snowden Capital Advisors LLC | 0.24% | New | 108,439 | $7.9M |
| Peregrine Capital Management LLC | 0.22% | Add +1.3% | 102,773 | $7.5M |
| Wells Fargo & Company | 0.00% | Add +8.7% | 101,013 | $7.3M |
| FMR LLC | 0.00% | Add +31.9% | 88,201 | $6.4M |
| Soros Fund Management | 0.19% | Add +50.4% | 82,930 | $6.0M |
| Icon Advisers Inc. | 1.30% | No change | 80,000 | $5.6M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +105.0% | 75,572 | $5.5M |
| Public Sector Pension Investment Board | 0.03% | Add +7.1% | 72,836 | $5.3M |
| Stanley-Laman Group, Ltd. | 0.68% | Reduce -1.2% | 70,714 | $5.1M |
| Swiss National Bank | 0.00% | Reduce -0.6% | 69,700 | $5.1M |
| Stansberry Asset Management, LLC | 0.68% | Add +311.2% | 67,186 | $4.9M |
| Prudential Financial Inc. | 0.01% | Reduce -5.7% | 64,921 | $4.7M |
| STRS Ohio | 0.02% | Add +45.4% | 64,700 | $4.7M |
| Citigroup Inc. | 0.00% | Reduce -7.3% | 63,756 | $4.6M |
| New York State Teachers Retirement System | 0.01% | Reduce -4.8% | 63,291 | $4.6M |
| Blair William & Co. | 0.01% | Reduce -4.5% | 55,110 | $4.0M |
| State of Wisconsin Investment Board | 0.01% | Add +3.1% | 52,423 | $3.8M |
| Alberta Investment Management Corp | 0.04% | New | 50,315 | $3.7M |
| Public Employees Retirement System of Ohio | 0.01% | Add +6593.5% | 50,268 | $3.7M |
| Gabelli Funds LLC | 0.03% | Reduce -1.7% | 46,140 | $3.4M |
| Two Sigma Investments, LP | 0.01% | Reduce -36.9% | 45,413 | $3.3M |
| Martingale Asset Management L P | 0.07% | Add +5.2% | 45,285 | $3.3M |
| D. E. Shaw & Co. | 0.00% | Add +46.1% | 44,288 | $3.2M |
| Kennedy Capital Management LLC | 0.06% | Reduce -48.0% | 41,262 | $3.0M |
| Allianz Asset Management GmbH | 0.00% | Reduce -37.5% | 39,533 | $2.9M |
| Panagora Asset Management Inc. | 0.01% | Add +12.6% | 39,491 | $2.9M |
| Alliancebernstein L.P. | 0.00% | No change | 38,188 | $2.8M |
| AQR Capital Management | 0.00% | Reduce -5.7% | 37,455 | $2.7M |
| JPMorgan Chase & Co. | 0.00% | Reduce -41.7% | 37,125 | $2.7M |
| Voloridge Investment Management, LLC | 0.01% | New | 36,927 | $2.7M |
| CANADA LIFE ASSURANCE Co | 0.00% | Add +15.7% | 35,976 | $2.6M |
| Deutsche Bank AG | 0.00% | Reduce -4.7% | 35,141 | $2.6M |
| BNP Paribas Financial Markets | 0.00% | Reduce -52.1% | 34,955 | $2.5M |
| California State Teachers Retirement System | 0.00% | Reduce -2.4% | 34,492 | $2.5M |
| New York State Common Retirement Fund | 0.00% | Add +4.4% | 33,457 | $2.4M |
| Oppenheimer Asset Management Inc. | 0.03% | Add +8.9% | 33,280 | $2.4M |
| Marshall Wace, LLP | 0.00% | Add +72.7% | 32,471 | $2.4M |
| Jane Street Group, LLC | 0.00% | Add +69.7% | 32,251 | $2.3M |
| Daiwa Securities Group Inc. | 0.01% | New | 32,048 | $2.3M |
| First Trust Advisors LP | 0.00% | Reduce -45.7% | 31,925 | $2.3M |
| Algert Global LLC | 0.07% | Reduce -12.4% | 30,230 | $2.2M |
| Resolute Capital Asset Partners LLC | 1.25% | Add +54.3% | 30,000 | $2.2M |
| Campbell Capital Management Inc. | 0.92% | Reduce -1.8% | 29,450 | $2.1M |
| State of New Jersey Common Pension Fund D | 0.01% | Reduce -36.8% | 26,830 | $2.0M |
| Keeley-Teton Advisors, LLC | 0.25% | Reduce -18.2% | 26,311 | $1.9M |
| New England Research & Management, Inc. | 0.91% | Reduce -4.4% | 26,100 | $1.9M |
| Two Sigma Advisers, LP | 0.00% | Reduce -37.0% | 26,000 | $1.9M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.01% | New | 24,000 | $1.7M |
| Stifel Financial Corp. | 0.00% | Add +177.4% | 21,966 | $1.6M |
| T. Rowe Price Associates Inc. | 0.00% | Add +6.6% | 21,108 | $1.5M |
| Susquehanna International Group, LLP | 0.00% | Add +339.4% | 20,469 | $1.5M |
| Ensign Peak Advisors, Inc | 0.00% | No change | 20,261 | $1.5M |
| Canada Pension Plan Investment Board | 0.00% | Reduce -55.1% | 20,100 | $1.5M |
| Jade Capital Advisors, LLC | 1.03% | Reduce -84.6% | 20,000 | $1.5M |
| MetLife Investment Management, LLC | 0.01% | Add +15.8% | 19,951 | $1.5M |
| Corebridge Financial, Inc. | 0.01% | — | 19,936 | $1.4M |
| Manufacturers Life Insurance Company, The | 0.00% | Add +5.2% | 19,454 | $1.4M |
| State of Alaska, Department of Revenue | 0.02% | Reduce -3.8% | 19,441 | $1.4M |
| Illinois Municipal Retirement Fund | 0.02% | Reduce -1.9% | 19,232 | $1.4M |
| Barclays PLC | 0.00% | Reduce -51.6% | 17,925 | $1.3M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | — | 17,897 | $1.3M |
| Louisiana State Employees Retirement System | 0.02% | Add +1.8% | 16,700 | $1.2M |
| UBS Group AG | 0.00% | Reduce -56.5% | 16,174 | $1.2M |
| Comerica Bank | 0.00% | Reduce -3.9% | 15,511 | $1.1M |
| Greenwood Capital Associates LLC | 0.14% | Reduce -6.7% | 14,955 | $1.1M |
| Natixis Advisors, LLC | 0.00% | Add +30.7% | 14,375 | $1.0M |
| Verition Fund Management LLC | 0.01% | Reduce -9.9% | 14,002 | $1.0M |
| Yousif Capital Management, LLC | 0.01% | Reduce -11.5% | 13,307 | $967K |
| SG Americas Securities, LLC | 0.01% | Add +101.0% | 12,453 | $905K |
| State of Tennessee, Department of Treasury | 0.00% | No change | 12,384 | $900K |
| Canal Insurance CO | 0.23% | No change | 12,000 | $872K |
| Susquehanna Fundamental Investments, LLC | 0.02% | Add +31.3% | 11,931 | $867K |
| Maryland State Retirement & Pension System | 0.02% | Reduce -3.5% | 11,545 | $839K |
| Voya Investment Management LLC | 0.00% | Add +2.6% | 11,465 | $834K |
| Teachers Retirement System of the State of Kentucky | 0.01% | No change | 11,393 | $828K |
| LPL Financial LLC | 0.00% | Add +59.3% | 11,272 | $819K |
| Shay Capital LLC | 0.22% | Reduce -69.0% | 11,000 | $800K |
| Citadel Advisors | 0.00% | Reduce -58.2% | 10,602 | $771K |
| Mengis Capital Management, Inc. | 0.15% | Add +10.4% | 10,390 | $755K |
| Synovus Financial Corp. | 0.01% | Reduce -0.2% | 10,325 | $751K |
| Amalgamated Bank | 0.01% | Reduce -4.0% | 10,142 | $737K |
| Moody National Bank Trust Division | 0.06% | No change | 9,996 | $727K |
| Arizona State Retirement System | 0.00% | Add +1.6% | 9,918 | $721K |
| State Board of Administration of Florida Retirement System | 0.00% | Reduce -13.3% | 9,811 | $713K |
| Quadrature Capital Ltd | 0.01% | Reduce -21.5% | 9,433 | $686K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | Add +22.4% | 9,292 | $676K |
| Versor Investments LP | 0.12% | Add +131.6% | 9,244 | $672K |
| Truist Financial Corp. | 0.00% | Add +3.4% | 9,040 | $657K |
| Meyer Handelman Co. | 0.02% | No change | 9,000 | $654K |
| Hennion & Walsh Asset Management, Inc. | 0.03% | Add +48.5% | 8,395 | $610K |
| Pathstone Holdings, LLC | 0.00% | Add +0.5% | 8,279 | $602K |
| Oregon Public Employees Retirement Fund | 0.01% | Reduce -10.1% | 8,018 | $583K |
| NJ State Employees Deferred Compensation Plan | 0.07% | No change | 8,000 | $582K |
| Intech Investment Management LLC | 0.01% | New | 7,979 | $580K |
| Tower Research Capital LLC (TRC) | 0.01% | Add +292.9% | 7,973 | $580K |
| Rafferty Asset Management, LLC | 0.00% | Reduce -7.7% | 7,835 | $570K |
| Connable Office Inc. | 0.06% | No change | 7,673 | $558K |
| Jefferies Financial Group Inc. | 0.01% | New | 7,500 | $545K |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.00% | Reduce -0.4% | 7,135 | $519K |
| GTS Securities LLC | 0.01% | New | 6,972 | $507K |
| Bank of Montreal | 0.00% | Reduce -4.6% | 6,829 | $497K |
| Sheets Smith Wealth Management | 0.06% | No change | 6,795 | $494K |
| Integrated Investment Consultants, LLC | 0.12% | No change | 7,399 | $443K |
| DAVENPORT & Co LLC | 0.00% | No change | 6,000 | $436K |
| US Bancorp \de | 0.00% | Reduce -0.5% | 5,893 | $428K |
| Quantbot Technologies LP | 0.02% | New | 5,885 | $428K |
| Global Financial Private Client, LLC | 0.18% | Add +4.0% | 5,838 | $424K |
| Mutual of America Capital Management LLC | 0.00% | Reduce -4.8% | 5,443 | $396K |
| Lazard Asset Management LLC | 0.00% | Add +107.9% | 5,321 | $385K |
| ProShare Advisors LLC | 0.00% | Reduce -23.7% | 5,195 | $378K |
| Edgestream Partners, L.P. | 0.02% | New | 5,093 | $370K |
| Gotham Asset Management | 0.00% | Reduce -4.4% | 5,053 | $367K |
| Inspire Investing, LLC | 0.04% | Reduce -18.9% | 4,830 | $351K |
| HSBC Holdings PLC | 0.00% | Add +27.2% | 4,767 | $347K |
| Public Employees Retirement Association of Colorado | 0.00% | Reduce -15.6% | 4,657 | $339K |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -3.7% | 4,610 | $335K |
| AlphaMark Advisors, LLC | 0.11% | New | 4,449 | $323K |
| Clearstead Advisors, LLC | 0.01% | New | 4,066 | $296K |
| Arete Wealth Advisors, LLC | 0.02% | New | 3,999 | $289K |
| Cetera Investment Advisers | 0.00% | Reduce -21.1% | 3,763 | $274K |
| WoodTrust Financial Corp | 0.04% | New | 3,750 | $273K |
| Pictet Asset Management Holding SA | 0.00% | No change | 3,753 | $273K |
| ExodusPoint Capital Management, LP | 0.00% | Reduce -75.6% | 3,596 | $261K |
| HighTower Advisors, LLC | 0.00% | Reduce -0.2% | 3,598 | $259K |
| Ameritas Investment Partners, Inc. | 0.01% | No change | 3,429 | $249K |
| Janney Montgomery Scott LLC | 0.00% | No change | 3,365 | $245K |
| Captrust Financial Advisors | 0.00% | Reduce -0.0% | 3,360 | $244K |
| QRG Capital Management, Inc. | 0.00% | Reduce -69.7% | 3,352 | $244K |
| Mariner, LLC | 0.00% | Reduce -3.9% | 3,349 | $243K |
| Entropy Technologies, LP | 0.02% | New | 3,145 | $229K |
| Ethic Inc. | 0.01% | Reduce -9.4% | 3,042 | $221K |
| L & S Advisors Inc | 0.03% | New | 3,000 | $218K |
| Commonwealth Equity Services, LLC | 0.00% | New | 2,904 | $211K |
| State of Wyoming | 0.03% | Add +299.9% | 2,623 | $191K |
| Central Pacific Bank - Trust Division | 0.02% | No change | 2,500 | $182K |
| Nisa Investment Advisors, LLC | 0.00% | Add +40.4% | 1,488 | $108K |
| Harel Insurance Investments & Financial Services Ltd. | 0.00% | Add +348.1% | 1,416 | $103K |
| DekaBank Deutsche Girozentrale | 0.00% | No change | 1,251 | $89K |
| Catalyst Funds Management Pty Ltd | 0.02% | Reduce -25.0% | 1,200 | $87K |
| Toth Financial Advisory Corp. | 0.01% | Add +10.3% | 1,075 | $78K |
| Geneos Wealth Management Inc. | 0.00% | Reduce -2.2% | 1,035 | $75K |
| KBC Group NV | 0.00% | No change | 996 | $72K |
| Parkside Financial Bank & Trust | 0.01% | Add +45.0% | 863 | $63K |
| Group One Trading LLC | 0.00% | Add +300.0% | 800 | $58K |
| EverSource Wealth Advisors, LLC | 0.00% | Add +43.0% | 778 | $50K |
| Innealta Capital, LLC | 0.02% | New | 671 | $49K |
| Osaic Holdings, Inc. | 0.00% | Reduce -69.2% | 611 | $44K |
| Cwm, LLC | 0.00% | Add +4.5% | 600 | $44K |
| Quadrant Capital Group LLC | 0.00% | Add +99.7% | 587 | $43K |
| Versant Capital Management, Inc | 0.01% | No change | 462 | $34K |
| AlphaQuest LLC | 0.00% | New | 448 | $33K |
| GAMMA Investing LLC | 0.00% | No change | 443 | $32K |
| Silicon Valley Capital Partners | 0.00% | No change | 380 | $28K |
| Smartleaf Asset Management LLC | 0.00% | Add +403.0% | 332 | $24K |
| Signaturefd, LLC | 0.00% | No change | 243 | $18K |
| Webster Bank, N. A. | 0.00% | New | 225 | $16K |
| Global Retirement Partners, LLC | 0.00% | No change | 203 | $15K |
| Advisors Asset Management, Inc. | 0.00% | New | 194 | $14K |
| Washington Trust Advisors, Inc. | 0.00% | No change | 175 | $13K |
| Contravisory Investment Management, Inc. | 0.00% | No change | 174 | $13K |
| Bessemer Group Inc. | 0.00% | No change | 159 | $12K |
| Covestor Ltd | 0.01% | Reduce -1.3% | 148 | $11K |
| Concourse Financial Group Securities, Inc. | 0.00% | Reduce -18.0% | 146 | $11K |
| Fifth Third Bancorp | 0.00% | Add +16.9% | 138 | $10K |
| Hantz Financial Services, Inc. | 0.00% | No change | 117 | $9K |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.00% | No change | 117 | $9K |
| HHM Wealth Advisors, LLC | 0.00% | No change | 116 | $8K |
| Spire Wealth Management | 0.00% | No change | 116 | $8K |
| Principal Securities, Inc. | 0.00% | Reduce -2.9% | 100 | $7K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | No change | 98 | $7K |
| Cullen/Frost Bankers, Inc. | 0.00% | New | 98 | $7K |
| Quarry LP | 0.00% | Reduce -70.6% | 88 | $6K |
| Hillsdale Investment Management Inc. | 0.00% | Reduce -20.0% | 80 | $6K |
| Parallel Advisors, LLC | 0.00% | Reduce -11.5% | 77 | $6K |
| Colonial Trust Co / SC | 0.00% | No change | 77 | $6K |
| Benjamin F. Edwards & Company, Inc. | 0.00% | Add +270.0% | 74 | $5K |
| Bellevue Asset Management, LLC | 0.00% | No change | 66 | $5K |
| Raleigh Capital Management Inc. | 0.00% | No change | 55 | $4K |
| Moisand Fitzgerald Tamayo, LLC | 0.00% | No change | 52 | $4K |
| Carolinas Wealth Consulting LLC | 0.00% | Reduce -13.0% | 47 | $3K |
| Mather Group, Llc. | 0.00% | New | 50 | $3K |
| Lindbrook Capital, LLC | 0.00% | New | 40 | $3K |
| UMB Bank, n.a. | 0.00% | Add +164.3% | 37 | $3K |
| Bell Investment Advisors, Inc | 0.00% | No change | 32 | $2K |
| Private Wealth Management Group, LLC | 0.00% | No change | 29 | $2K |
| Raffa Wealth Management, LLC | 0.00% | No change | 26 | $2K |
| Farmers & Merchants Investments Inc. | 0.00% | No change | 25 | $2K |
| Jones Financial Companies LLLP | 0.00% | New | 25 | $2K |
| Farther Finance Advisors, LLC | 0.00% | No change | 25 | $2K |
| RFP Financial Group LLC | 0.00% | No change | 22 | $2K |
| Russell Investments Group, Ltd. | 0.00% | New | 21 | $2K |
| Rothschild Investment LLC | 0.00% | Add +300.0% | 20 | $1K |
| JFS Wealth Advisors, LLC | 0.00% | No change | 11 | $800 |
| Federation des caisses Desjardins du Quebec | 0.00% | New | 10 | $727 |
| Arax Advisory Partners | 0.00% | New | 7 | $509 |
| Allworth Financial LP | 0.00% | New | 7 | $451 |
| Abound Wealth Management | 0.00% | No change | 6 | $437 |
| SJS Investment Consulting Inc. | 0.00% | No change | 6 | $437 |
| Huntington National Bank | 0.00% | Reduce -87.2% | 5 | $364 |
| Larson Financial Group LLC | 0.00% | New | 4 | $291 |
| DiNuzzo Private Wealth, Inc. | 0.00% | Add +50.0% | 3 | $219 |
"% of holder's portfolio" is AIR's weight in each manager's 13F, not the share of Aar Corp. the manager owns.