Cno Financial GroupCNO

13F holders, Q1 2024 (March 31)
291holders
6famous investors
$27.47avg. 13F price*

At the end of Q1 2024, 291 institutions reported holding Cno Financial Group Inc. (CNO) in their 13F filings. The largest holders were BlackRock Inc. ($421.4M), Vanguard Group Inc. ($377.0M) and Pzena Investment Management LLC ($179.6M). 6 famous investors held it, including Cliff Asness (0.1% of AQR Capital Management's portfolio), Ray Dalio (0.0% of Bridgewater Associates's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).

Company
Cno Financial Group Inc.
CUSIP
12621E103
Latest filing quarter
Q2 2026

History

Number of 13F holders

0100200300400 Q1 2024: 291Q1 2024Q2 2024: 292Q2 2024Q3 2024: 291Q3 2024Q4 2024: 318Q4 2024Q1 2025: 343Q1 2025Q2 2025: 331Q2 2025Q3 2025: 339Q3 2025Q4 2025: 368Q4 2025Q1 2026: 362Q1 2026Q2 2026: 383Q2 2026

Total Exit/New Position Q1 2024

InstitutionsTotal Value
New Positions45$33.5M
Exits18$5.5M

Ownership 291 holders

BlackRock Inc. 0.01% Reduce -2.6% 15,334,940 $421.4M
Vanguard Group Inc. 0.01% Reduce -2.4% 13,719,361 $377.0M
Pzena Investment Management LLC 0.62% Reduce -6.4% 6,536,980 $179.6M
State Street Corp. 0.01% Add +5.0% 4,881,591 $134.1M
Franklin Resources Inc. 0.04% Add +8.9% 4,707,673 $129.4M
LSV Asset Management 0.26% Reduce -3.8% 4,484,195 $123.2M
Fuller & Thaler Asset Management, Inc. 0.51% Reduce -8.1% 4,294,478 $118.0M
Dimensional Fund Advisors LP 0.03% Reduce -1.2% 3,827,485 $105.2M
Geode Capital Management, LLC 0.01% Add +2.5% 2,515,328 $69.1M
Macquarie Group Ltd. 0.08% Reduce -2.6% 2,405,028 $66.1M
Principal Financial Group Inc. 0.03% Reduce -4.4% 2,128,628 $58.5M
Northern Trust Corp. 0.01% Reduce -12.4% 1,909,537 $52.5M
AQR Capital Management 0.09% Reduce -5.1% 1,907,548 $52.4M
Morgan Stanley 0.00% Reduce -10.7% 1,885,292 $51.8M
Goldman Sachs Group Inc. 0.01% Add +3.4% 1,883,181 $51.7M
American Century Companies Inc. 0.03% Add +19.9% 1,773,597 $48.7M
Man Group plc 0.12% Add +30.2% 1,617,356 $44.4M
Massachusetts Financial Services Co. 0.01% Reduce -9.9% 1,569,516 $43.1M
Bank of New York Mellon Corp 0.01% Reduce -3.5% 1,367,631 $37.6M
Charles Schwab Investment Management Inc. 0.01% Reduce -5.2% 1,272,963 $35.0M
Hotchkis & Wiley Capital Management LLC 0.11% Add +0.2% 1,231,101 $33.8M
Allianz Asset Management GmbH 0.05% Reduce -42.4% 996,864 $27.4M
Bank of America Corp. 0.00% Reduce -9.4% 872,158 $24.0M
Norges Bank 0.00% Reduce -11.2% 837,224 $23.0M
Ameriprise Financial Inc. 0.01% Reduce -3.2% 751,196 $20.6M
FMR LLC 0.00% Add +4.5% 728,843 $20.0M
Millennium Management 0.02% Add +85.0% 678,060 $18.6M
Jacobs Levy Equity Management, Inc. 0.08% Reduce -2.6% 676,407 $18.6M
JPMorgan Chase & Co. 0.00% Add +16.1% 625,256 $17.2M
Bragg Financial Advisors, Inc 0.68% Add +0.0% 548,462 $15.1M
Easterly Investment Partners LLC 1.14% Reduce -17.8% 541,743 $14.9M
UBS Group AG 0.00% Add +260.1% 539,675 $14.8M
Rhumbline Advisers 0.01% Reduce -1.1% 466,142 $12.8M
Federated Hermes, Inc. 0.03% Add +0.9% 465,569 $12.8M
Paradice Investment Management LLC 2.03% Reduce -41.0% 426,880 $11.7M
Invesco Ltd. 0.00% Reduce -38.2% 409,293 $11.2M
Assenagon Asset Management S.A. 0.03% Reduce -33.7% 389,767 $10.7M
Retirement Systems of Alabama 0.04% Reduce -8.3% 347,179 $9.5M
Bridgewater Associates 0.05% Add +12.5% 329,963 $9.1M
Qube Research & Technologies Ltd 0.02% Add +438.7% 326,246 $9.0M
Voya Investment Management LLC 0.01% Add +9.7% 319,138 $8.8M
Nuveen Asset Management, LLC 0.00% Reduce -33.5% 315,610 $8.7M
Allspring Global Investments Holdings, LLC 0.01% Add +1862.5% 315,597 $8.7M
Brandywine Global Investment Management, LLC 0.05% Reduce -0.8% 256,147 $7.0M
Arrowstreet Capital, Limited Partnership 0.01% New 254,388 $7.0M
Alliancebernstein L.P. 0.00% Reduce -6.2% 236,740 $6.5M
Russell Investments Group, Ltd. 0.01% Reduce -5.7% 224,101 $6.2M
Barclays PLC 0.00% Reduce -26.1% 223,142 $6.1M
Swiss National Bank 0.00% Reduce -0.6% 221,400 $6.1M
California Public Employees Retirement System 0.00% No change 209,174 $5.7M
Huber Capital Management LLC 1.25% Add +6.9% 202,190 $5.6M
American International Group, Inc. 0.02% Reduce -3.5% 199,150 $5.5M
RBF Capital, LLC 0.29% No change 185,034 $5.1M
Credit Suisse AG/ 0.00% Add +2.2% 178,776 $4.9M
Royal Bank of Canada 0.00% Reduce -6.0% 169,761 $4.7M
Legal & General Group Plc 0.00% Add +0.9% 167,683 $4.6M
New York State Teachers Retirement System 0.01% Reduce -0.6% 165,378 $4.5M
Kestrel Investment Management Corp. 2.88% Reduce -0.6% 157,150 $4.3M
Cubist Systematic Strategies, LLC 0.05% Add +754.3% 155,191 $4.3M
Congress Asset Management Co. 0.03% Reduce -3.5% 151,588 $4.2M
Connor, Clark & Lunn Investment Management Ltd. 0.02% New 147,474 $4.1M
Quantinno Capital Management LP 0.09% Add +183.8% 145,103 $4.0M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Add +10.4% 140,045 $3.8M
Victory Capital Management Inc. 0.00% Add +7.8% 140,017 $3.8M
Hillsdale Investment Management Inc. 0.29% Reduce -9.3% 132,400 $3.6M
Manufacturers Life Insurance Company, The 0.00% Add +0.8% 130,367 $3.6M
Jane Street Group, LLC 0.00% Add +81.5% 125,938 $3.5M
Sei Investments Co. 0.00% Add +11.8% 119,364 $3.3M
MetLife Investment Management, LLC 0.02% Reduce -3.9% 114,483 $3.1M
California State Teachers Retirement System 0.00% Reduce -5.9% 114,430 $3.1M
Alberta Investment Management Corp 0.03% Reduce -62.0% 107,500 $3.0M
State of New Jersey Common Pension Fund D 0.01% Add +11.0% 104,895 $2.9M
Bank of Montreal 0.00% Add +259.5% 98,752 $2.7M
First Trust Advisors LP 0.00% Add +9.8% 96,632 $2.7M
Texas Permanent School Fund Corp. 0.02% Reduce -1.1% 95,746 $2.6M
Hantz Financial Services, Inc. 0.05% Reduce -6.7% 93,926 $2.6M
CANADA LIFE ASSURANCE Co 0.01% Reduce -1.4% 89,523 $2.5M
State Board of Administration of Florida Retirement System 0.01% Add +30.9% 105,374 $2.3M
T. Rowe Price Associates Inc. 0.00% Add +5.6% 80,995 $2.2M
Comerica Bank 0.01% Reduce -3.7% 79,964 $2.2M
BNP Paribas Financial Markets 0.00% Add +71.3% 78,611 $2.2M
Jennison Associates LLC 0.00% Add +19.8% 78,007 $2.1M
Deutsche Bank AG 0.00% Add +3.5% 77,246 $2.1M
Marshall Wace, LLP 0.00% New 77,200 $2.1M
Kingsview Wealth Management, LLC 0.05% Reduce -1.9% 69,827 $1.9M
QRG Capital Management, Inc. 0.02% Reduce -12.7% 69,220 $1.9M
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% New 67,787 $1.9M
Lighthouse Investment Partners, LLC 0.11% New 67,387 $1.9M
Mutual of America Capital Management LLC 0.02% Reduce -6.0% 65,184 $1.8M
Teacher Retirement System of Texas 0.01% Add +24.1% 62,483 $1.7M
Engineers Gate Manager LP 0.04% Add +436.3% 61,734 $1.7M
New York State Common Retirement Fund 0.00% Add +1.6% 61,419 $1.7M
Algert Global LLC 0.06% Reduce -9.4% 58,818 $1.6M
Capital Fund Management S.A. 0.02% Add +2.6% 57,443 $1.6M
Amalgamated Bank 0.01% Reduce -11.7% 57,388 $1.6M
O'shaughnessy Asset Management, LLC 0.02% Reduce -35.8% 57,159 $1.6M
Raymond James & Associates 0.00% Reduce -14.7% 56,125 $1.5M
Campbell & CO Investment Adviser LLC 0.13% Add +112.7% 55,375 $1.5M
Yousif Capital Management, LLC 0.02% Reduce -4.6% 54,371 $1.5M
Janus Henderson Group PLC 0.00% No change 49,927 $1.4M
Citigroup Inc. 0.00% Reduce -1.2% 46,776 $1.3M
AlphaQuest LLC 0.22% Add +74.8% 45,190 $1.2M
Twinbeech Capital LP 0.03% New 44,748 $1.2M
Squarepoint Ops LLC 0.01% New 44,224 $1.2M
Envestnet Asset Management Inc. 0.00% Reduce -7.4% 44,011 $1.2M
Public Employees Retirement System of Ohio 0.00% Reduce -20.9% 43,348 $1.2M
Wells Fargo & Company 0.00% Add +5.0% 42,780 $1.2M
Verition Fund Management LLC 0.01% Add +289.9% 42,565 $1.2M
Ensign Peak Advisors, Inc 0.00% Reduce -4.8% 42,141 $1.2M
Legacy Advisors, LLC 0.14% No change 41,686 $1.1M
Teachers Retirement System of the State of Kentucky 0.01% No change 41,126 $1.1M
Prudential Financial Inc. 0.00% Reduce -58.0% 40,792 $1.1M
Mirae Asset Global Investments Co., Ltd. 0.00% Reduce -32.5% 50,217 $1.1M
Y-Intercept (Hong Kong) Ltd 0.08% New 39,204 $1.1M
Dark Forest Capital Management LP 0.18% Add +138.5% 39,001 $1.1M
Jackson Creek Investment Advisors LLC 0.38% New 38,600 $1.1M
CIBC Private Wealth Group LLC 0.00% Add +1.4% 38,743 $1.1M
First Hawaiian Bank 0.03% Reduce -30.2% 38,013 $1.0M
Entropy Technologies, LP 0.11% New 36,170 $994K
Ameritas Investment Partners, Inc. 0.03% Reduce -1.8% 35,439 $974K
Susquehanna International Group, LLP 0.00% Reduce -55.5% 33,857 $930K
Panagora Asset Management Inc. 0.00% No change 33,019 $907K
AXA S.A. 0.00% No change 32,900 $904K
Dynamic Technology Lab Private Ltd 0.10% New 32,602 $896K
Quantbot Technologies LP 0.05% New 32,383 $890K
Louisiana State Employees Retirement System 0.02% No change 31,500 $866K
ClearAlpha Technologies LP 0.37% Reduce -7.6% 31,466 $865K
Schonfeld Strategic Advisors LLC 0.01% Add +127.8% 31,350 $861K
Robeco Institutional Asset Management B.V. 0.00% No change 30,908 $849K
Arizona State Retirement System 0.01% Reduce -2.4% 30,827 $847K
EMC Capital Management 0.49% Add +23.2% 29,605 $814K
Graham Capital Management, L.P. 0.04% New 29,307 $805K
Mackenzie Financial Corp. 0.00% Add +11.3% 28,852 $793K
Point72 Hong Kong Ltd 0.04% New 28,189 $775K
Denali Advisors LLC 0.23% Add +87.9% 28,000 $769K
Calamos Advisors LLC 0.01% Reduce -8.0% 35,070 $765K
Thrivent Financial for Lutherans 0.00% Reduce -2.2% 27,415 $753K
Gateway Investment Advisers LLC 0.01% Reduce -26.8% 27,280 $750K
Oregon Public Employees Retirement Fund 0.01% Reduce -14.7% 27,008 $742K
State of Michigan Retirement System 0.00% Reduce -0.4% 26,851 $738K
Aquatic Capital Management LLC 0.02% Add +1.6% 25,900 $712K
Nisa Investment Advisors, LLC 0.00% No change 25,614 $704K
ProShare Advisors LLC 0.00% Add +4.2% 25,476 $700K
Petrus Trust Company, LTA 0.06% Add +67.6% 24,724 $679K
Northwestern Mutual Investment Management Company, LLC 0.02% Reduce -2.2% 24,402 $671K
Cornercap Investment Counsel Inc. 0.10% New 24,364 $670K
Commonwealth of Pennsylvania Public School Empls Retrmt SYS 0.00% Reduce -2.2% 24,200 $665K
STRS Ohio 0.00% Add +165.9% 24,200 $665K
Trexquant Investment LP 0.01% Reduce -46.4% 24,018 $660K
Bailard, Inc. 0.02% No change 23,700 $651K
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% Reduce -10.7% 23,587 $648K
Pearl River Capital, LLC 0.10% New 23,549 $647K
New Mexico Educational Retirement Board 0.02% No change 23,400 $643K
Handelsbanken Fonder AB 0.00% No change 23,055 $634K
Gsa Capital Partners LLP 0.05% New 21,509 $591K
Teza Capital Management LLC 0.08% Add +110.7% 21,230 $583K
Oak Associates Ltd. 0.04% No change 20,923 $575K
Sit Investment Associates Inc. 0.01% No change 20,600 $566K
Donaldson Capital Management, LLC 0.02% No change 20,018 $550K
MQS Management LLC 0.31% New 19,609 $539K
Blair William & Co. 0.00% Add +2.1% 19,189 $527K
HSBC Holdings PLC 0.00% Reduce -21.4% 18,512 $509K
Prelude Capital Management, LLC 0.03% Add +107.7% 18,273 $502K
Henshaw Capital LLC 0.02% No change 17,855 $491K
Whittier Trust Co. 0.01% No change 17,548 $482K
Uncommon Cents Investing LLC 0.15% Add +3.6% 17,505 $481K
Sherbrooke Park Advisers LLC 0.09% New 17,399 $478K
Corient Private Wealth LP 0.00% Add +0.8% 17,014 $468K
Meritage Portfolio Management 0.03% Reduce -5.5% 16,931 $465K
Pacer Advisors, Inc. 0.00% Reduce -18.6% 16,711 $459K
NewEdge Wealth, LLC 0.01% No change 16,750 $455K
Vanguard Personalized Indexing Management, LLC 0.01% Reduce -36.4% 15,990 $439K
Xponance LLC 0.00% Reduce -3.4% 15,855 $436K
Pathstone Holdings, LLC 0.00% Add +15.7% 15,629 $429K
Centiva Capital, LP 0.03% Add +42.6% 15,592 $428K
Greenleaf Trust 0.00% Reduce -0.1% 15,359 $422K
Great Lakes Advisors, LLC 0.00% Reduce -2.3% 15,086 $415K
Occudo Quantitative Strategies LP 0.07% Reduce -74.0% 15,045 $413K
Cim Investment Management Inc. 0.12% No change 14,675 $403K
LPL Financial LLC 0.00% Reduce -6.5% 14,170 $389K
Everhart Financial Group, Inc. 0.11% Add +19.1% 14,144 $389K
Point72 Asia (Singapore) Pte. Ltd. 0.10% New 13,753 $378K
SG Americas Securities, LLC 0.00% Add +65.8% 13,645 $375K
Pictet Asset Management Holding SA 0.00% Add +4.1% 13,481 $370K
New York Life Investment Management LLC 0.00% Reduce -15.0% 13,226 $363K
Daiwa Securities Group Inc. 0.00% Add +633.3% 13,200 $363K
Deerfield Management Company, L.P. 0.01% New 12,915 $355K
Versor Investments LP 0.07% Add +27.5% 12,310 $338K
Jump Financial, LLC 0.01% New 12,064 $332K
Sumitomo Mitsui Trust Group, Inc. 0.00% Reduce -14.3% 12,039 $331K
State of Alaska, Department of Revenue 0.00% Reduce -4.3% 11,875 $326K
GMO 0.00% Reduce -51.4% 11,611 $319K
OMERS ADMINISTRATION Corp 0.00% New 11,600 $319K
State of Wyoming 0.05% Add +18.6% 11,221 $308K
Corton Capital Inc. 0.11% Add +0.6% 11,034 $303K
AlphaMark Advisors, LLC 0.11% New 10,913 $300K
MAI Capital Management 0.00% Add +4.5% 10,897 $299K
XTX Topco Ltd 0.04% New 10,844 $298K
Wealth Enhancement Advisory Services, LLC 0.00% Reduce -14.2% 10,823 $297K
Inceptionr LLC 0.08% New 10,702 $294K
D. E. Shaw & Co. 0.00% New 10,449 $287K
Creative Planning 0.00% Reduce -3.5% 10,265 $282K
State of Tennessee, Department of Treasury 0.00% New 10,026 $276K
Quadrature Capital Ltd 0.00% Reduce -47.1% 9,932 $273K
Olympiad Research LP 0.18% New 9,868 $271K
Cambria Investment Management, L.P. 0.02% New 9,786 $269K
Walleye Capital LLC 0.00% New 9,741 $268K
Crossmark Global Holdings, Inc. 0.00% Reduce -1.4% 9,223 $254K
Cerity Partners LLC 0.00% New 9,113 $250K
State of Wisconsin Investment Board 0.00% Reduce -15.9% 9,009 $248K
Securian Asset Management, Inc. 0.01% Reduce -5.0% 8,996 $247K
Neuberger Berman Group LLC 0.00% Add +18.4% 8,733 $240K
iSAM Funds (UK) Ltd 0.14% New 8,669 $238K
Vestcor Inc 0.01% No change 8,502 $234K
Ontario Teachers Pension Plan Board 0.00% Reduce -56.2% 8,180 $225K
Connable Office Inc. 0.02% Reduce -5.3% 7,650 $210K
Bayesian Capital Management, LP 0.02% New 7,374 $203K
PNC Financial Services Group, Inc. 0.00% Add +6.4% 7,088 $195K
Public Employees Retirement Association of Colorado 0.00% Reduce -28.0% 7,051 $194K
Metropolitan Life Insurance Co 0.01% Reduce -10.7% 5,858 $161K
Assetmark, Inc. 0.00% Reduce -13.0% 4,835 $133K
DekaBank Deutsche Girozentrale 0.00% Reduce -64.9% 4,434 $121K
CI Investments Inc. 0.00% New 4,313 $119K
Mitsubishi UFJ Trust & Banking Corp 0.00% No change 4,315 $117K
Citadel Advisors 0.00% New 4,204 $116K
US Bancorp \de 0.00% Reduce -0.8% 3,769 $104K
Harbor Capital Advisors, Inc. 0.01% New 3,753 $103K
Covestor Ltd 0.06% Add +18.9% 3,598 $99K
KBC Group NV 0.00% Add +83.7% 2,643 $73K
Signaturefd, LLC 0.00% Reduce -0.4% 2,554 $70K
Tower Research Capital LLC (TRC) 0.00% Reduce -85.5% 2,476 $68K
Blue Trust, Inc. 0.00% Reduce -11.3% 1,901 $52K
EntryPoint Capital, LLC 0.05% New 1,892 $52K
Nomura Asset Management Co. Ltd. 0.00% Reduce -31.3% 1,670 $46K
Quadrant Capital Group LLC 0.00% Reduce -9.1% 1,524 $42K
MCF Advisors LLC 0.00% No change 1,521 $42K
Fifth Third Bancorp 0.00% Add +1.8% 1,471 $40K
Parallel Advisors, LLC 0.00% Add +8.1% 1,309 $36K
Householder Group Estate & Retirement Specialist, LLC 0.01% No change 1,000 $27K
Allworth Financial LP 0.00% No change 920 $25K
Quarry LP 0.01% Add +15.0% 759 $21K
Principal Securities, Inc. 0.00% Reduce -16.6% 696 $19K
Cwm, LLC 0.00% Add +6.4% 697 $19K
Huntington National Bank 0.00% Add +256.0% 687 $19K
Bokf, NA 0.00% Reduce -2.3% 642 $17K
IFP Advisors, Inc 0.00% No change 632 $17K
GAMMA Investing LLC 0.00% Add +14.6% 564 $15K
Rise Advisors, LLC 0.01% New 542 $15K
WealthCollab, LLC 0.01% Add +491.9% 509 $14K
MassMutual Private Wealth & Trust, FSB 0.00% Add +7.7% 448 $12K
Barrow Hanley Mewhinney & Strauss LLC 0.00% No change 437 $12K
Lindbrook Capital, LLC 0.00% No change 422 $12K
Global Retirement Partners, LLC 0.00% No change 412 $11K
Bell Investment Advisors, Inc 0.00% No change 382 $10K
Private Trust Co. NA 0.00% No change 332 $9K
Osaic Holdings, Inc. 0.00% Reduce -91.8% 322 $9K
Avior Wealth Management, LLC 0.00% New 321 $9K
nVerses Capital, LLC 0.02% New 300 $8K
VitalStone Financial, LLC 0.01% New 282 $8K
Moisand Fitzgerald Tamayo, LLC 0.00% No change 280 $8K
Red Tortoise LLC 0.00% No change 255 $7K
Mather Group, Llc. 0.00% New 244 $7K
EverSource Wealth Advisors, LLC 0.00% Reduce -27.7% 232 $6K
Capital Advisors, Ltd. LLC 0.00% No change 201 $6K
Catalyst Funds Management Pty Ltd 0.00% — 200 $5K
Private Wealth Management Group, LLC 0.00% No change 190 $5K
Fortitude Family Office, LLC 0.00% No change 168 $5K
Farther Finance Advisors, LLC 0.00% No change 141 $4K
First Horizon Advisors, Inc. 0.00% Reduce -24.3% 131 $4K
Delta Asset Management LLC 0.00% No change 127 $3K
Bessemer Group Inc. 0.00% No change 95 $3K
CENTRAL TRUST Co 0.00% No change 109 $3K
NewEdge Advisors, LLC 0.00% No change 104 $3K
Steward Partners Investment Advisory, LLC 0.00% Reduce -50.0% 100 $3K
JFS Wealth Advisors, LLC 0.00% No change 63 $2K
Rothschild Investment LLC 0.00% Add +39.5% 53 $1K
Kayne Anderson Rudnick Investment Management LLC 0.00% No change 51 $1K
UMB Bank, n.a. 0.00% No change 51 $1K
Farmers & Merchants Investments Inc. 0.00% No change 50 $1K
Northwestern Mutual Wealth Management Co. 0.00% New 48 $1K
Spire Wealth Management 0.00% Reduce -21.8% 43 $1K
Geneos Wealth Management Inc. 0.00% No change 39 $1K
Smartleaf Asset Management LLC 0.00% Add +69.6% 39 $1K
Avion Wealth 0.00% New 19 $1K
Johnson Financial Group, Inc. 0.00% No change 34 $935
SJS Investment Consulting Inc. 0.00% No change 21 $578
DiNuzzo Private Wealth, Inc. 0.00% No change 13 $358
Hilltop National Bank 0.00% — 9 $247
AdvisorNet Financial, Inc 0.00% Reduce -63.2% 7 $192
Hexagon Capital Partners LLC 0.00% Reduce -86.7% 4 $110
Chesapeake Asset Management LLC 0.00% No change 4 $109

"% of holder's portfolio" is CNO's weight in each manager's 13F, not the share of Cno Financial Group Inc. the manager owns.