Donnelley Financial SolutionDFIN
13F holders, Q2 2024 (June 30)248holders +2
28new positions
26sold out
9famous investors
$59.62avg. 13F price*
At the end of Q2 2024, 248 institutions reported holding Donnelley Financial Solution (DFIN) in their 13F filings, up 2 from Q1 2024. 28 opened new positions and 26 sold out. The largest holders were BlackRock Inc. ($250.4M), Mawer Investment Management Ltd. ($125.9M) and Vanguard Group Inc. ($108.4M). 9 famous investors held it, including Mario Gabelli (0.0% of GAMCO Investors's portfolio), David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).
- Company
- Donnelley Financial Solution
- CUSIP
- 25787G100
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2024 → Q2 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 28 | $13.4M |
| Exits | 26 | $26.0M |
All 13F filers, Q1 2024 → Q2 2024: 2,290,568 shares bought and 2,348,218 shares sold, net −57,650 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 248 holders
| BlackRock Inc. | 0.01% | Add +3.6% | 4,200,355 | $250.4M |
| Mawer Investment Management Ltd. | 0.60% | Add +3.4% | 2,111,112 | $125.9M |
| Vanguard Group Inc. | 0.00% | Add +6.0% | 1,817,402 | $108.4M |
| Simcoe Capital Management, LLC | 11.42% | Reduce -42.8% | 1,276,805 | $76.1M |
| American Century Companies Inc. | 0.04% | Add +15.3% | 1,152,756 | $68.7M |
| State Street Corp. | 0.00% | Add +2.8% | 1,056,421 | $63.0M |
| Dimensional Fund Advisors LP | 0.01% | Reduce -1.6% | 914,009 | $54.5M |
| Rice Hall James & Associates, LLC | 3.13% | Reduce -4.6% | 874,698 | $52.1M |
| Invesco Ltd. | 0.01% | Add +8.0% | 834,114 | $49.7M |
| Boston Trust Walden Corp | 0.36% | Add +0.0% | 809,689 | $48.3M |
| Morgan Stanley | 0.00% | Add +11.8% | 734,200 | $43.8M |
| Rockefeller Capital Management L.P. | 0.12% | Add +12.9% | 702,269 | $41.9M |
| Geode Capital Management, LLC | 0.00% | Add +6.9% | 572,587 | $34.1M |
| T. Rowe Price Associates Inc. | 0.00% | Add +55.6% | 511,390 | $30.5M |
| Aberdeen Group plc | 0.05% | Reduce -4.0% | 473,711 | $28.2M |
| JPMorgan Chase & Co. | 0.00% | Reduce -6.8% | 408,011 | $24.3M |
| Northern Trust Corp. | 0.00% | Add +9.1% | 389,277 | $23.2M |
| Neumeier Poma Investment Counsel LLC | 1.98% | Add +44.1% | 362,210 | $21.6M |
| Fuller & Thaler Asset Management, Inc. | 0.09% | Reduce -0.1% | 358,516 | $21.4M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +0.2% | 331,672 | $19.8M |
| William Blair Investment Management, LLC | 0.05% | Reduce -28.4% | 319,038 | $19.0M |
| Alberta Investment Management Corp | 0.19% | Add +1.0% | 285,062 | $17.0M |
| Marathon Asset Management Ltd | 0.51% | Reduce -6.2% | 270,915 | $16.2M |
| Millennium Management | 0.01% | Add +108.9% | 253,178 | $15.1M |
| Jacobs Levy Equity Management, Inc. | 0.06% | Reduce -12.3% | 247,662 | $14.8M |
| Goldman Sachs Group Inc. | 0.00% | Add +32.5% | 222,710 | $13.3M |
| D. E. Shaw & Co. | 0.02% | Add +43.0% | 219,531 | $13.1M |
| O'Keefe Stevens Advisory, Inc. | 4.37% | Add +0.0% | 219,316 | $13.1M |
| Access Investment Management LLC | 4.23% | Add +0.1% | 218,505 | $13.0M |
| Eagle Asset Management Inc. | 0.07% | Add +8.7% | 207,893 | $12.3M |
| Bank of New York Mellon Corp | 0.00% | Reduce -5.7% | 194,737 | $11.6M |
| Burney Co./ | 0.41% | Add +193.3% | 178,524 | $10.6M |
| Nuveen Asset Management, LLC | 0.00% | Add +38.8% | 148,887 | $8.9M |
| Principal Financial Group Inc. | 0.01% | Reduce -1.5% | 140,597 | $8.4M |
| Allspring Global Investments Holdings, LLC | 0.01% | Reduce -3.1% | 137,200 | $8.2M |
| Envestnet Asset Management Inc. | 0.00% | Add +4.0% | 131,146 | $7.8M |
| Bank of America Corp. | 0.00% | Add +25.7% | 129,222 | $7.7M |
| Two Sigma Investments, LP | 0.02% | Add +113.2% | 119,970 | $7.2M |
| Cresset Asset Management, LLC | 0.03% | Add +7.8% | 113,148 | $6.7M |
| Qube Research & Technologies Ltd | 0.01% | Add +41.3% | 112,947 | $6.7M |
| Man Group plc | 0.02% | Add +8.3% | 110,845 | $6.6M |
| Arrowstreet Capital, Limited Partnership | 0.01% | Reduce -35.0% | 107,086 | $6.4M |
| Royce & Associates LP | 0.06% | Reduce -15.5% | 101,756 | $6.1M |
| Two Sigma Advisers, LP | 0.01% | Add +168.3% | 95,500 | $5.7M |
| Ameriprise Financial Inc. | 0.00% | Reduce -6.5% | 93,880 | $5.6M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +90.8% | 85,162 | $5.1M |
| Fisher Asset Management | 0.00% | Reduce -15.8% | 83,761 | $5.0M |
| Renaissance Technologies | 0.01% | Reduce -15.8% | 76,000 | $4.5M |
| Prudential Financial Inc. | 0.01% | Add +38.4% | 75,685 | $4.5M |
| Seizert Capital Partners, LLC | 0.22% | Reduce -10.3% | 74,866 | $4.5M |
| Tensile Capital Management LP | 0.49% | Reduce -54.0% | 74,109 | $4.4M |
| Rhumbline Advisers | 0.00% | Add +2.4% | 74,079 | $4.4M |
| Great Lakes Advisors, LLC | 0.04% | Add +1500.4% | 71,537 | $4.3M |
| Globeflex Capital L P | 0.43% | No change | 68,494 | $4.1M |
| Legal & General Group Plc | 0.00% | Reduce -0.7% | 67,664 | $4.0M |
| Cubist Systematic Strategies, LLC | 0.07% | Add +324.9% | 64,743 | $3.9M |
| Citadel Advisors | 0.00% | Reduce -49.9% | 58,918 | $3.5M |
| Castleark Management LLC | 0.14% | Reduce -1.0% | 58,080 | $3.5M |
| Homestead Advisers Corp | 0.08% | No change | 56,900 | $3.4M |
| Barclays PLC | 0.00% | Add +17.4% | 56,673 | $3.4M |
| Janney Montgomery Scott LLC | 0.01% | Add +3.2% | 55,084 | $3.3M |
| Public Sector Pension Investment Board | 0.02% | Add +8.0% | 54,784 | $3.3M |
| Phocas Financial Corp. | 0.37% | New | 54,305 | $3.2M |
| Public Employees Retirement System of Ohio | 0.01% | Add +14.8% | 54,307 | $3.2M |
| Vident Advisory, LLC | 0.09% | Reduce -1.9% | 54,292 | $3.2M |
| New York State Teachers Retirement System | 0.01% | Reduce -3.3% | 52,850 | $3.2M |
| Swiss National Bank | 0.00% | No change | 51,700 | $3.1M |
| Sei Investments Co. | 0.00% | Add +45.3% | 49,644 | $3.0M |
| Teacher Retirement System of Texas | 0.02% | Reduce -0.7% | 47,320 | $2.8M |
| AQR Capital Management | 0.00% | Add +22.6% | 43,174 | $2.6M |
| Assetmark, Inc. | 0.01% | Add +9.3% | 41,453 | $2.5M |
| Wedge Capital Management L L P | 0.04% | Reduce -37.5% | 41,155 | $2.5M |
| Panagora Asset Management Inc. | 0.01% | Reduce -46.0% | 37,056 | $2.2M |
| CANADA LIFE ASSURANCE Co | 0.00% | Add +11.7% | 35,614 | $2.1M |
| Trexquant Investment LP | 0.03% | Add +31.0% | 33,237 | $2.0M |
| Russell Investments Group, Ltd. | 0.00% | Reduce -20.5% | 32,084 | $1.9M |
| GAMCO Investors | 0.02% | No change | 31,425 | $1.9M |
| Alliancebernstein L.P. | 0.00% | Reduce -0.5% | 30,830 | $1.8M |
| Victory Capital Management Inc. | 0.00% | Reduce -35.7% | 29,987 | $1.8M |
| ExodusPoint Capital Management, LP | 0.02% | New | 29,952 | $1.8M |
| Assenagon Asset Management S.A. | 0.00% | Reduce -23.6% | 28,530 | $1.7M |
| First Trust Advisors LP | 0.00% | Reduce -0.1% | 27,626 | $1.6M |
| Bank of Montreal | 0.00% | Add +0.3% | 26,374 | $1.6M |
| O'shaughnessy Asset Management, LLC | 0.02% | Reduce -1.5% | 26,448 | $1.6M |
| California State Teachers Retirement System | 0.00% | Reduce -1.9% | 25,544 | $1.5M |
| Martingale Asset Management L P | 0.03% | Add +6.3% | 25,387 | $1.5M |
| UBS Group AG | 0.00% | Add +6.3% | 24,504 | $1.5M |
| Federated Hermes, Inc. | 0.00% | Add +456520.0% | 22,831 | $1.4M |
| Comerica Bank | 0.01% | Reduce -43.8% | 22,063 | $1.3M |
| Susquehanna International Group, LLP | 0.00% | Add +427.3% | 20,728 | $1.2M |
| Thrivent Financial for Lutherans | 0.00% | Reduce -3.6% | 20,686 | $1.2M |
| New York State Common Retirement Fund | 0.00% | Add +93.6% | 20,151 | $1.2M |
| HSBC Holdings PLC | 0.00% | Add +39.6% | 19,902 | $1.2M |
| Squarepoint Ops LLC | 0.00% | Add +251.2% | 19,345 | $1.2M |
| Algert Global LLC | 0.04% | Reduce -54.4% | 19,077 | $1.1M |
| Citigroup Inc. | 0.00% | Reduce -16.4% | 18,806 | $1.1M |
| James Investment Research, Inc. | 0.12% | No change | 17,362 | $1.0M |
| Pathstone Holdings, LLC | 0.00% | Add +5.0% | 17,115 | $1.0M |
| Canada Pension Plan Investment Board | 0.00% | New | 16,500 | $984K |
| Exchange Traded Concepts, LLC | 0.02% | Add +4.6% | 16,024 | $955K |
| Jump Financial, LLC | 0.02% | Reduce -31.4% | 15,937 | $950K |
| SummerHaven Investment Management, LLC | 0.62% | Add +1.6% | 15,839 | $944K |
| BNP Paribas Financial Markets | 0.00% | Reduce -17.8% | 15,596 | $930K |
| Ritholtz Wealth Management | 0.03% | Reduce -3.6% | 15,459 | $922K |
| Corebridge Financial, Inc. | 0.01% | — | 15,131 | $902K |
| MetLife Investment Management, LLC | 0.01% | Add +20.0% | 15,112 | $901K |
| Connor, Clark & Lunn Investment Management Ltd. | 0.00% | Add +43.3% | 15,074 | $899K |
| Balyasny Asset Management L.P. | 0.00% | Reduce -60.0% | 15,036 | $896K |
| Manufacturers Life Insurance Company, The | 0.00% | Add +5.3% | 14,976 | $893K |
| Voloridge Investment Management, LLC | 0.00% | New | 14,804 | $883K |
| State of Alaska, Department of Revenue | 0.01% | Reduce -2.9% | 14,631 | $872K |
| HighTower Advisors, LLC | 0.00% | Reduce -12.0% | 14,157 | $838K |
| Illinois Municipal Retirement Fund | 0.01% | Reduce -1.0% | 13,983 | $834K |
| Ensign Peak Advisors, Inc | 0.00% | No change | 13,303 | $793K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | — | 13,016 | $776K |
| Schonfeld Strategic Advisors LLC | 0.01% | New | 12,966 | $773K |
| Janus Henderson Group PLC | 0.00% | Reduce -1.1% | 12,777 | $761K |
| Louisiana State Employees Retirement System | 0.01% | Add +1.6% | 12,500 | $745K |
| Gsa Capital Partners LLP | 0.05% | New | 12,156 | $725K |
| Quantbot Technologies LP | 0.03% | Add +704.9% | 11,889 | $709K |
| Bantamac Capital, LLC | 0.42% | Reduce -50.4% | 11,838 | $706K |
| Deutsche Bank AG | 0.00% | Reduce -11.1% | 11,253 | $671K |
| Y-Intercept (Hong Kong) Ltd | 0.04% | New | 11,114 | $663K |
| STRS Ohio | 0.00% | Reduce -6.1% | 10,800 | $644K |
| Empowered Funds, LLC | 0.01% | Reduce -89.3% | 10,448 | $623K |
| Wells Fargo & Company | 0.00% | Add +24.8% | 10,323 | $615K |
| Sanctuary Advisors, LLC | 0.00% | — | 9,754 | $615K |
| US Bancorp \de | 0.00% | Reduce -8.2% | 10,025 | $598K |
| Yousif Capital Management, LLC | 0.01% | Reduce -10.3% | 9,976 | $595K |
| Corsair Capital Management, L.P. | 0.10% | Reduce -0.7% | 9,887 | $589K |
| NorthCrest Asset Manangement, LLC | 0.02% | No change | 9,740 | $581K |
| Intech Investment Management LLC | 0.01% | New | 9,691 | $578K |
| Legato Capital Management LLC | 0.08% | Reduce -2.0% | 9,629 | $574K |
| Jane Street Group, LLC | 0.00% | Reduce -37.0% | 9,454 | $564K |
| Ellsworth Advisors, LLC | 0.16% | Add +6.3% | 9,409 | $561K |
| Voya Investment Management LLC | 0.00% | Reduce -88.9% | 8,803 | $525K |
| Maryland State Retirement & Pension System | 0.01% | Reduce -3.4% | 8,688 | $518K |
| Dynamic Technology Lab Private Ltd | 0.06% | Reduce -8.7% | 8,639 | $516K |
| Verition Fund Management LLC | 0.00% | Add +91.8% | 8,654 | $516K |
| Teachers Retirement System of the State of Kentucky | 0.00% | No change | 8,315 | $496K |
| Raymond James & Associates | 0.00% | Reduce -1.4% | 8,167 | $487K |
| Diversified Trust Co. | 0.01% | Add +6.7% | 7,702 | $459K |
| Amalgamated Bank | 0.00% | Reduce -4.6% | 7,606 | $453K |
| Arizona State Retirement System | 0.00% | Add +1.8% | 7,330 | $437K |
| Petrus Trust Company, LTA | 0.04% | No change | 7,313 | $436K |
| Crossmark Global Holdings, Inc. | 0.01% | Add +18.1% | 7,166 | $427K |
| State Board of Administration of Florida Retirement System | 0.00% | Reduce -31.9% | 7,079 | $422K |
| State of Wisconsin Investment Board | 0.00% | Reduce -34.0% | 6,982 | $416K |
| Bridge City Capital, LLC | 0.14% | Add +15.6% | 6,940 | $414K |
| Praxis Investment Management Inc. | 0.03% | No change | 6,550 | $411K |
| State of Tennessee, Department of Treasury | 0.00% | No change | 6,840 | $408K |
| State of Wyoming | 0.07% | Reduce -6.5% | 6,630 | $395K |
| Brevan Howard Capital Management LP | 0.03% | New | 6,383 | $381K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | No change | 6,184 | $369K |
| Oregon Public Employees Retirement Fund | 0.01% | Reduce -9.0% | 6,041 | $360K |
| MQS Management LLC | 0.22% | Add +29.8% | 6,031 | $360K |
| Bridges Investment Management Inc. | 0.01% | New | 6,029 | $359K |
| Inspire Investing, LLC | 0.04% | Reduce -70.7% | 5,926 | $353K |
| Sherbrooke Park Advisers LLC | 0.06% | New | 5,861 | $349K |
| TD Asset Management Inc | 0.00% | No change | 5,800 | $346K |
| Marshall Wace, LLP | 0.00% | New | 5,797 | $346K |
| Los Angeles Capital Management LLC | 0.00% | New | 5,776 | $344K |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -0.3% | 5,756 | $343K |
| Engineers Gate Manager LP | 0.01% | New | 5,634 | $336K |
| Lazard Asset Management LLC | 0.00% | New | 5,419 | $323K |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.00% | Add +0.5% | 5,370 | $320K |
| Stifel Financial Corp. | 0.00% | Reduce -28.8% | 5,332 | $318K |
| LPL Financial LLC | 0.00% | Reduce -44.5% | 5,104 | $304K |
| SkyOak Wealth, LLC | 0.07% | New | 5,040 | $300K |
| UniSuper Management Pty Ltd | 0.00% | No change | 4,884 | $291K |
| Point72 Asset Management | 0.00% | New | 4,751 | $283K |
| Gotham Asset Management | 0.00% | Reduce -44.1% | 4,652 | $277K |
| Crescent Grove Advisors, LLC | 0.03% | No change | 4,501 | $268K |
| Tower Research Capital LLC (TRC) | 0.00% | Add +98.2% | 4,292 | $256K |
| Mutual of America Capital Management LLC | 0.00% | Reduce -3.9% | 4,096 | $244K |
| Public Employees Retirement Association of Colorado | 0.00% | Reduce -4.1% | 3,840 | $229K |
| Zacks Investment Management | 0.00% | Add +1.3% | 3,815 | $227K |
| ProShare Advisors LLC | 0.00% | Reduce -23.6% | 3,813 | $227K |
| Amundi | 0.00% | Reduce -15.8% | 3,698 | $221K |
| Counterpoint Mutual Funds LLC | 0.05% | New | 3,642 | $217K |
| Ancora Advisors LLC | 0.01% | Reduce -2.2% | 3,637 | $217K |
| Baker Ellis Asset Management LLC | 0.03% | No change | 3,500 | $209K |
| FMR LLC | 0.00% | Add +1.8% | 3,467 | $207K |
| Pictet Asset Management Holding SA | 0.00% | No change | 3,407 | $203K |
| Mariner, LLC | 0.00% | Reduce -1.5% | 3,402 | $202K |
| Caprock Group, LLC | 0.01% | New | 3,366 | $201K |
| Walleye Capital LLC | 0.00% | Reduce -44.4% | 3,358 | $200K |
| Royal Bank of Canada | 0.00% | Add +132.7% | 3,306 | $198K |
| AlphaQuest LLC | 0.03% | New | 3,299 | $197K |
| Arlington Trust Co LLC | 0.04% | No change | 2,775 | $165K |
| Ameritas Investment Partners, Inc. | 0.01% | No change | 2,459 | $147K |
| North Star Investment Management Corp. | 0.01% | Reduce -3.4% | 1,358 | $81K |
| KBC Group NV | 0.00% | Add +52.6% | 1,015 | $61K |
| Blue Trust, Inc. | 0.00% | Add +18.5% | 972 | $60K |
| EntryPoint Capital, LLC | 0.03% | New | 907 | $54K |
| nVerses Capital, LLC | 0.03% | New | 800 | $48K |
| Quarry LP | 0.02% | Add +492.9% | 747 | $45K |
| Osaic Holdings, Inc. | 0.00% | Reduce -21.1% | 679 | $40K |
| CIBC Private Wealth Group LLC | 0.00% | Add +43.0% | 679 | $40K |
| Huntington National Bank | 0.00% | Reduce -44.5% | 660 | $39K |
| Quadrant Capital Group LLC | 0.00% | Add +2.3% | 614 | $37K |
| Salem Investment Counselors Inc. | 0.00% | No change | 603 | $36K |
| Lindbrook Capital, LLC | 0.00% | No change | 592 | $35K |
| Cwm, LLC | 0.00% | Add +72.3% | 472 | $28K |
| TD Private Client Wealth LLC | 0.00% | No change | 350 | $21K |
| Versant Capital Management, Inc | 0.00% | No change | 250 | $15K |
| Nisa Investment Advisors, LLC | 0.00% | Reduce -53.3% | 226 | $13K |
| Mather Group, Llc. | 0.00% | No change | 205 | $13K |
| Covestor Ltd | 0.01% | Add +1.6% | 187 | $11K |
| Caldwell Sutter Capital, Inc. | 0.01% | No change | 183 | $11K |
| WealthCollab, LLC | 0.01% | No change | 162 | $10K |
| NewEdge Advisors, LLC | 0.00% | Add +623.8% | 152 | $9K |
| GAMMA Investing LLC | 0.00% | No change | 133 | $8K |
| Smartleaf Asset Management LLC | 0.00% | New | 135 | $8K |
| Allworth Financial LP | 0.00% | Reduce -3.1% | 93 | $6K |
| Bessemer Group Inc. | 0.00% | Reduce -38.7% | 95 | $6K |
| Hillsdale Investment Management Inc. | 0.00% | Add +11.1% | 100 | $6K |
| Frazier Financial Advisors, LLC | 0.00% | New | 86 | $5K |
| LGT Financial Advisors LLC | 0.01% | No change | 76 | $5K |
| Boyd Watterson Asset Management LLC | 0.00% | No change | 76 | $5K |
| Fifth Third Bancorp | 0.00% | Add +27.8% | 69 | $4K |
| Benjamin F. Edwards & Company, Inc. | 0.00% | New | 75 | $4K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Reduce -7.6% | 61 | $4K |
| Altshuler Shaham Ltd | 0.00% | Add +1.7% | 59 | $4K |
| Moisand Fitzgerald Tamayo, LLC | 0.00% | No change | 55 | $3K |
| Rothschild Investment LLC | 0.00% | Add +1000.0% | 55 | $3K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | No change | 55 | $3K |
| Farther Finance Advisors, LLC | 0.00% | No change | 54 | $3K |
| Parkside Financial Bank & Trust | 0.00% | No change | 40 | $2K |
| UMB Bank, n.a. | 0.00% | Add +200.0% | 36 | $2K |
| Eagle Bay Advisors LLC | 0.00% | No change | 35 | $2K |
| Innealta Capital, LLC | 0.00% | New | 25 | $1K |
| Anfield Capital Management, LLC | 0.00% | No change | 18 | $1K |
| Country Trust Bank | 0.00% | No change | 18 | $1K |
| Farmers & Merchants Investments Inc. | 0.00% | No change | 18 | $1K |
| Principal Securities, Inc. | 0.00% | No change | 17 | $1K |
| Global Retirement Partners, LLC | 0.00% | No change | 15 | $894 |
| 1832 Asset Management L.P. | 0.00% | New | 14 | $835 |
| Steward Partners Investment Advisory, LLC | 0.00% | No change | 12 | $715 |
| Private Trust Co. NA | 0.00% | No change | 10 | $596 |
| Dogwood Wealth Management LLC | 0.00% | No change | 6 | $358 |
| Abound Wealth Management | 0.00% | No change | 6 | $358 |
| Parallel Advisors, LLC | 0.00% | No change | 5 | $298 |
| CoreCap Advisors, LLC | 0.00% | No change | 5 | $298 |
| Trust Co. of Vermont | 0.00% | No change | 4 | $238 |
| Signaturefd, LLC | 0.00% | Reduce -92.2% | 4 | $238 |
| Larson Financial Group LLC | 0.00% | New | 4 | $238 |
| Avior Wealth Management, LLC | 0.00% | Reduce -97.8% | 1 | $59 |
"% of holder's portfolio" is DFIN's weight in each manager's 13F, not the share of Donnelley Financial Solution the manager owns.