Ralph LaurenRL
13F holders, Q2 2024 (June 30)502holders +5
70new positions
65sold out
8famous investors
$175.02avg. 13F price*
At the end of Q2 2024, 502 institutions reported holding Ralph Lauren Corp. (RL) in their 13F filings, up 5 from Q1 2024. 70 opened new positions and 65 sold out. The largest holders were Vanguard Group Inc. ($892.8M), BlackRock Inc. ($445.2M) and DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main ($356.5M). 8 famous investors held it, including Gavin Baker (1.7% of Atreides Management's portfolio), Cliff Asness (0.2% of AQR Capital Management's portfolio) and Joel Greenblatt (0.2% of Gotham Asset Management's portfolio).
- Company
- Ralph Lauren Corp.
- Sector
- Industrials
- CUSIP
- 751212101
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2024 → Q2 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 70 | $115.4M |
| Exits | 65 | $207.4M |
All 13F filers, Q1 2024 → Q2 2024: 6,374,628 shares bought and 5,799,465 shares sold, net +575,163 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 502 holders
| Vanguard Group Inc. | 0.02% | Add +3.9% | 5,099,987 | $892.8M |
| BlackRock Inc. | 0.01% | Reduce -15.0% | 2,543,298 | $445.2M |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 0.40% | Add +55.5% | 2,036,188 | $356.5M |
| State Street Corp. | 0.01% | Reduce -10.7% | 1,469,664 | $258.5M |
| Victory Capital Management Inc. | 0.25% | Reduce -10.6% | 1,392,696 | $243.8M |
| FMR LLC | 0.01% | Reduce -6.1% | 1,287,392 | $225.4M |
| Arrowstreet Capital, Limited Partnership | 0.19% | Reduce -8.4% | 1,247,881 | $218.5M |
| JPMorgan Chase & Co. | 0.02% | Reduce -8.4% | 1,202,559 | $210.5M |
| Pacer Advisors, Inc. | 0.41% | Add +12493.8% | 1,002,344 | $175.5M |
| T. Rowe Price Associates Inc. | 0.02% | Reduce -37.8% | 956,224 | $167.4M |
| Invesco Ltd. | 0.03% | Reduce -22.3% | 936,604 | $164.0M |
| Geode Capital Management, LLC | 0.01% | Add +1.5% | 918,818 | $160.6M |
| Boston Partners | 0.20% | Reduce -28.2% | 901,237 | $157.8M |
| AQR Capital Management | 0.23% | Add +158.1% | 863,336 | $149.5M |
| Holocene Advisors, LP | 0.56% | Add +227.1% | 761,288 | $133.3M |
| Millennium Management | 0.11% | Add +243.4% | 730,021 | $127.8M |
| Qube Research & Technologies Ltd | 0.22% | Add +25.5% | 687,486 | $120.4M |
| Acadian Asset Management LLC | 0.34% | Add +42.2% | 638,502 | $111.8M |
| Marshall Wace, LLP | 0.14% | Reduce -29.6% | 578,970 | $101.4M |
| Alliancebernstein L.P. | 0.03% | Reduce -20.6% | 537,174 | $94.0M |
| Charles Schwab Investment Management Inc. | 0.02% | Reduce -0.2% | 479,147 | $83.9M |
| Dimensional Fund Advisors LP | 0.02% | Reduce -6.4% | 464,715 | $81.4M |
| Jennison Associates LLC | 0.05% | Add +9.2% | 459,783 | $80.5M |
| Bank of New York Mellon Corp | 0.01% | Reduce -0.7% | 429,891 | $75.3M |
| Bank of America Corp. | 0.01% | Reduce -5.5% | 416,276 | $72.9M |
| Morgan Stanley | 0.01% | Reduce -8.8% | 409,179 | $71.6M |
| Citadel Advisors | 0.07% | Add +11.7% | 387,093 | $67.8M |
| Swedbank AB | 0.09% | Add +18.5% | 385,000 | $67.4M |
| First Trust Advisors LP | 0.07% | Add +13.9% | 373,439 | $65.4M |
| Northern Trust Corp. | 0.01% | Add +6.6% | 369,772 | $64.7M |
| Ameriprise Financial Inc. | 0.02% | Add +313.2% | 364,894 | $63.9M |
| Goldman Sachs Group Inc. | 0.01% | Reduce -20.0% | 363,489 | $63.6M |
| Los Angeles Capital Management LLC | 0.20% | Reduce -1.5% | 320,404 | $56.1M |
| D. E. Shaw & Co. | 0.09% | Reduce -3.8% | 319,724 | $56.0M |
| Alyeska Investment Group, L.P. | 0.32% | Add +53.7% | 318,683 | $55.8M |
| Voloridge Investment Management, LLC | 0.20% | Reduce -36.0% | 314,774 | $55.1M |
| Pictet Asset Management Holding SA | 0.06% | Reduce -18.3% | 313,922 | $55.0M |
| HS Management Partners, LLC | 3.00% | Add +7.9% | 310,579 | $54.4M |
| Atreides Management | 1.68% | Reduce -33.4% | 294,132 | $51.5M |
| Allianz Asset Management GmbH | 0.08% | Add +19.9% | 290,874 | $50.9M |
| Squarepoint Ops LLC | 0.17% | Add +215.6% | 252,362 | $44.2M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.01% | Add +26.0% | 234,053 | $41.0M |
| Truist Financial Corp. | 0.06% | Add +42.5% | 231,480 | $40.5M |
| Two Sigma Investments, LP | 0.09% | Add +151.4% | 208,108 | $36.4M |
| Fuller & Thaler Asset Management, Inc. | 0.15% | Reduce -20.0% | 203,867 | $35.7M |
| Royce & Associates LP | 0.31% | Reduce -22.2% | 189,069 | $33.1M |
| Amundi | 0.01% | Reduce -7.5% | 172,748 | $29.0M |
| Renaissance Technologies | 0.05% | Reduce -22.3% | 164,500 | $28.8M |
| Envestnet Asset Management Inc. | 0.01% | Add +26.2% | 164,022 | $28.7M |
| Citigroup Inc. | 0.03% | Add +30.8% | 162,422 | $28.4M |
| Trexquant Investment LP | 0.43% | Add +76.4% | 162,086 | $28.4M |
| Absher Wealth Management, LLC | 3.63% | Reduce -1.2% | 147,786 | $25.9M |
| King Luther Capital Management Corp. | 0.12% | Add +1.5% | 147,531 | $25.8M |
| Nuveen Asset Management, LLC | 0.01% | Reduce -10.8% | 144,767 | $25.4M |
| American Century Companies Inc. | 0.02% | Add +8.2% | 142,673 | $25.0M |
| Prudential Financial Inc. | 0.04% | Reduce -22.7% | 141,813 | $24.8M |
| Man Group plc | 0.07% | Add +1.9% | 136,830 | $24.0M |
| UBS Group AG | 0.01% | Add +1.2% | 128,192 | $22.4M |
| Artemis Investment Management LLP | 0.29% | Reduce -30.8% | 122,884 | $21.5M |
| Trinity Street Asset Management LLP | 1.88% | Reduce -14.2% | 121,734 | $21.3M |
| Teachers Retirement System of the State of Kentucky | 0.19% | Add +3520.3% | 120,231 | $21.0M |
| Cookson Peirce & Co. Inc. | 1.01% | New | 119,463 | $20.9M |
| Canada Pension Plan Investment Board | 0.02% | Add +20.3% | 117,700 | $20.6M |
| Todd Asset Management LLC | 0.43% | New | 117,586 | $20.6M |
| Shellback Capital, LP | 1.35% | Reduce -40.0% | 105,000 | $18.4M |
| Aquatic Capital Management LLC | 0.66% | Add +18.3% | 102,200 | $17.9M |
| Norges Bank | 0.00% | Add +135.2% | 99,931 | $17.5M |
| Deutsche Bank AG | 0.01% | Reduce -1.4% | 89,755 | $15.7M |
| Mackenzie Financial Corp. | 0.02% | Add +0.2% | 86,311 | $15.1M |
| Two Sigma Advisers, LP | 0.03% | Add +87.0% | 81,900 | $14.3M |
| Legal & General Group Plc | 0.00% | Reduce -12.9% | 77,972 | $13.6M |
| Swiss National Bank | 0.01% | Reduce -2.0% | 76,900 | $13.5M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.03% | Add +17.8% | 75,080 | $13.1M |
| California Public Employees Retirement System | 0.01% | Reduce -3.1% | 73,655 | $12.9M |
| Gotham Asset Management | 0.17% | Add +1.4% | 73,511 | $12.9M |
| Barclays PLC | 0.01% | Reduce -9.5% | 72,407 | $12.7M |
| HSBC Holdings PLC | 0.01% | Reduce -28.1% | 72,014 | $12.6M |
| Rhumbline Advisers | 0.01% | Add +0.6% | 70,959 | $12.4M |
| Franklin Resources Inc. | 0.00% | Add +10.7% | 67,970 | $11.9M |
| GAM Holding AG | 0.91% | New | 67,400 | $11.8M |
| BNP Paribas Financial Markets | 0.01% | Reduce -40.4% | 66,730 | $11.7M |
| Capital Fund Management S.A. | 0.13% | Add +156.8% | 65,555 | $11.5M |
| Hook Mill Capital Partners, LP | 1.70% | Add +26.3% | 65,041 | $11.4M |
| Principal Financial Group Inc. | 0.01% | Reduce -1.1% | 64,305 | $11.3M |
| Bank of Montreal | 0.00% | Add +87.9% | 59,784 | $11.0M |
| Raymond James & Associates | 0.01% | Reduce -18.6% | 61,831 | $10.8M |
| Russell Investments Group, Ltd. | 0.02% | Add +82.3% | 56,208 | $9.9M |
| Boston Common Asset Management, LLC | 0.23% | Add +11.9% | 50,812 | $8.9M |
| Alps Advisors Inc. | 0.06% | Add +15.0% | 47,772 | $8.4M |
| New York State Teachers Retirement System | 0.02% | Reduce -6.9% | 47,059 | $8.2M |
| Candriam S.C.A. | 0.05% | New | 45,262 | $7.9M |
| Danske Bank A/S | 0.03% | Reduce -12.0% | 39,408 | $6.9M |
| California State Teachers Retirement System | 0.01% | Reduce -4.2% | 39,113 | $6.8M |
| Wells Fargo & Company | 0.00% | Reduce -15.8% | 38,877 | $6.8M |
| Voya Investment Management LLC | 0.01% | Add +2.1% | 38,563 | $6.8M |
| Wesleyan Assurance Society | 0.58% | No change | 38,500 | $6.7M |
| Verition Fund Management LLC | 0.06% | Add +26.1% | 37,442 | $6.6M |
| New York State Common Retirement Fund | 0.01% | Reduce -0.6% | 36,210 | $6.3M |
| Pinebridge Investments, L.P. | 0.05% | Reduce -0.7% | 34,119 | $6.0M |
| Nomura Asset Management Co. Ltd. | 0.02% | Add +0.3% | 33,804 | $5.9M |
| Dnca Finance | 0.52% | — | 33,360 | $5.8M |
| Brandywine Global Investment Management, LLC | 0.04% | Add +53.1% | 33,197 | $5.8M |
| Manufacturers Life Insurance Company, The | 0.01% | Add +1.9% | 31,955 | $5.6M |
| Walleye Capital LLC | 0.06% | Add +1.7% | 30,929 | $5.4M |
| Neuberger Berman Group LLC | 0.00% | Add +29.1% | 30,084 | $5.3M |
| Public Employees Retirement System of Ohio | 0.02% | Reduce -5.5% | 30,034 | $5.3M |
| Jane Street Group, LLC | 0.01% | Reduce -87.2% | 30,009 | $5.3M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.01% | Reduce -8.4% | 29,269 | $5.1M |
| State Board of Administration of Florida Retirement System | 0.01% | Reduce -34.1% | 29,204 | $5.1M |
| FNY Investment Advisers, LLC | 3.38% | New | 28,400 | $5.0M |
| State of Wisconsin Investment Board | 0.01% | Add +70.4% | 28,059 | $4.9M |
| Ofi Invest Asset Management | 0.12% | Reduce -0.8% | 28,547 | $4.7M |
| Walleye Trading LLC | 0.09% | Add +16.1% | 26,395 | $4.6M |
| State of Tennessee, Department of Treasury | 0.02% | Reduce -3.0% | 26,175 | $4.6M |
| MUFG Securities EMEA plc | 0.20% | New | 26,099 | $4.6M |
| Mizuho Markets Americas LLC | 0.13% | New | 26,000 | $4.6M |
| Sei Investments Co. | 0.01% | Reduce -19.9% | 25,761 | $4.5M |
| Algert Global LLC | 0.15% | Reduce -0.2% | 25,011 | $4.4M |
| Teacher Retirement System of Texas | 0.02% | Add +40.6% | 24,863 | $4.4M |
| Bridgewater Associates | 0.02% | Add +20.4% | 24,377 | $4.3M |
| Guggenheim Capital LLC | 0.03% | Add +5.5% | 23,852 | $4.2M |
| Parallax Volatility Advisers, L.P. | 0.12% | Reduce -56.5% | 23,714 | $4.2M |
| Manning & Napier Advisors LLC | 0.05% | — | 23,656 | $4.1M |
| Quadrature Capital Ltd | 0.07% | Reduce -61.8% | 23,506 | $4.1M |
| Royal Bank of Canada | 0.00% | Reduce -14.3% | 22,242 | $3.9M |
| Stifel Financial Corp. | 0.00% | Reduce -51.8% | 22,007 | $3.9M |
| LBP Am SA | 0.16% | Add +1.3% | 21,857 | $3.8M |
| Pathstone Holdings, LLC | 0.02% | Reduce -0.4% | 21,703 | $3.8M |
| Chevy Chase Trust Holdings, LLC | 0.01% | Reduce -1.4% | 21,347 | $3.7M |
| Nisa Investment Advisors, LLC | 0.02% | Add +244.6% | 20,648 | $3.6M |
| Engineers Gate Manager LP | 0.08% | Add +43.1% | 20,583 | $3.6M |
| PDT Partners, LLC | 0.34% | Add +0.0% | 20,572 | $3.6M |
| Tidal Investments LLC | 0.05% | Reduce -11.6% | 20,348 | $3.6M |
| Tabor Asset Management, LP | 1.86% | Reduce -36.9% | 19,704 | $3.5M |
| Rockefeller Capital Management L.P. | 0.01% | Reduce -42.2% | 19,671 | $3.4M |
| Savant Capital, LLC | 0.03% | Add +137.4% | 19,605 | $3.4M |
| Illinois Municipal Retirement Fund | 0.05% | No change | 19,386 | $3.4M |
| Crossmark Global Holdings, Inc. | 0.06% | Add +10.3% | 18,833 | $3.3M |
| Wolverine Trading, LLC | 0.05% | Reduce -11.4% | 18,711 | $3.3M |
| Dana Investment Advisors, Inc. | 0.11% | Reduce -2.5% | 18,574 | $3.3M |
| Janus Henderson Group PLC | 0.00% | Add +0.5% | 18,522 | $3.2M |
| Systematic Financial Management LP | 0.10% | Reduce -1.4% | 18,188 | $3.2M |
| Federation des caisses Desjardins du Quebec | 0.02% | Add +68.0% | 17,818 | $3.1M |
| Dynamic Technology Lab Private Ltd | 0.35% | Add +251.8% | 17,682 | $3.1M |
| Landscape Capital Management, L.L.C. | 0.25% | Add +641.0% | 16,970 | $3.0M |
| Savoir Faire Capital Management, L.P. | 1.15% | New | 16,947 | $3.0M |
| Treasurer of the State of North Carolina | 0.01% | Reduce -4.5% | 16,760 | $2.9M |
| Ensign Peak Advisors, Inc | 0.01% | Add +41.9% | 16,624 | $2.9M |
| LPL Financial LLC | 0.00% | Add +17.2% | 16,579 | $2.9M |
| Quantinno Capital Management LP | 0.05% | Add +19.8% | 16,125 | $2.8M |
| Informed Momentum Co LLC | 0.45% | Reduce -25.7% | 15,980 | $2.8M |
| Storebrand Asset Management As | 0.01% | No change | 15,952 | $2.8M |
| SG Americas Securities, LLC | 0.02% | Add +231.9% | 15,926 | $2.8M |
| Susquehanna International Group, LLP | 0.00% | Reduce -81.5% | 15,811 | $2.8M |
| Mutual of America Capital Management LLC | 0.03% | Add +27.8% | 15,628 | $2.7M |
| CANADA LIFE ASSURANCE Co | 0.01% | Add +5.3% | 15,370 | $2.7M |
| Toronto Dominion Bank | 0.00% | Reduce -16.6% | 15,288 | $2.7M |
| RBF Capital, LLC | 0.15% | New | 15,000 | $2.6M |
| Monument Capital Management | 0.76% | Add +2.6% | 14,660 | $2.6M |
| L2 Asset Management, LLC | 0.75% | New | 14,262 | $2.5M |
| Intech Investment Management LLC | 0.03% | New | 14,258 | $2.5M |
| Banco Bilbao Vizcaya Argentaria, S.A. | 0.03% | Reduce -3.5% | 13,906 | $2.4M |
| State of New Jersey Common Pension Fund D | 0.01% | Reduce -36.2% | 13,845 | $2.4M |
| Twin Tree Management, LP | 0.07% | Reduce -90.5% | 13,826 | $2.4M |
| Graham Capital Management, L.P. | 0.15% | Add +16.0% | 13,562 | $2.4M |
| XTX Topco Ltd | 0.20% | New | 13,485 | $2.4M |
| Johnson Investment Counsel Inc. | 0.02% | Add +6.4% | 13,275 | $2.3M |
| Trustmark Bank Trust Department | 0.19% | Add +12.5% | 13,255 | $2.3M |
| Lecap Asset Management Ltd. | 0.50% | Reduce -10.7% | 13,225 | $2.3M |
| KBC Group NV | 0.01% | Add +22.2% | 13,163 | $2.3M |
| Boothbay Fund Management, LLC | 0.08% | New | 13,147 | $2.3M |
| National Bank of Canada | 0.00% | Add +27.4% | 13,258 | $2.3M |
| Hilton Capital Management, LLC | 0.19% | Reduce -10.4% | 12,867 | $2.3M |
| Natixis Advisors, LLC | 0.00% | Reduce -68.5% | 12,841 | $2.2M |
| Sherbrooke Park Advisers LLC | 0.39% | Add +295.3% | 12,728 | $2.2M |
| Amalgamated Bank | 0.02% | Reduce -9.4% | 12,591 | $2.2M |
| ProShare Advisors LLC | 0.01% | Add +3.1% | 12,531 | $2.2M |
| Credit Agricole S A | 0.01% | Add +12.7% | 12,207 | $2.1M |
| Catalyst Capital Advisors LLC | 0.05% | New | 11,980 | $2.1M |
| B. Metzler seel. Sohn & Co. AG | 0.02% | Reduce -2.2% | 11,844 | $2.1M |
| Investment House LLC | 0.12% | Add +26.3% | 11,745 | $2.1M |
| Handelsbanken Fonder AB | 0.01% | Reduce -90.6% | 11,200 | $2.0M |
| Formula Growth Ltd. | 0.70% | Reduce -11.6% | 11,055 | $1.9M |
| Arizona State Retirement System | 0.01% | Add +0.1% | 10,931 | $1.9M |
| Sumitomo Mitsui Financial Group, Inc. | 0.06% | Add +945.0% | 10,858 | $1.9M |
| Worldquant Millennium Advisors LLC | 0.02% | New | 10,712 | $1.9M |
| State of Michigan Retirement System | 0.01% | No change | 10,680 | $1.9M |
| Orion Porfolio Solutions, LLC | 0.02% | Add +3.1% | 10,660 | $1.9M |
| Orion Portfolio Solutions, LLC | 0.02% | Add +3.1% | 10,660 | $1.9M |
| Bryn Mawr Trust Advisors, LLC | 0.10% | Add +1.0% | 10,550 | $1.8M |
| MetLife Investment Management, LLC | 0.01% | Add +13.7% | 10,403 | $1.8M |
| Corebridge Financial, Inc. | 0.01% | — | 10,152 | $1.8M |
| New York Life Investment Management LLC | 0.02% | Add +4.8% | 10,033 | $1.8M |
| Bridgeway Capital Management, LLC | 0.04% | New | 10,000 | $1.8M |
| O'shaughnessy Asset Management, LLC | 0.02% | Add +144.4% | 9,951 | $1.7M |
| Jefferies Financial Group Inc. | 0.04% | New | 9,700 | $1.7M |
| iA Global Asset Management Inc. | 0.03% | Add +3.6% | 9,647 | $1.7M |
| Bank of New Hampshire | 0.44% | Reduce -2.6% | 9,591 | $1.7M |
| Cinctive Capital Management LP | 0.09% | New | 9,508 | $1.7M |
| Delphi Management Inc. | 1.34% | Add +2.0% | 9,403 | $1.6M |
| Bessemer Group Inc. | 0.00% | Add +1.3% | 9,141 | $1.6M |
| STRS Ohio | 0.01% | Add +1.6% | 8,893 | $1.6M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.01% | Add +3.6% | 8,791 | $1.5M |
| Marex Group Ltd | 0.04% | New | 8,700 | $1.5M |
| Retirement Systems of Alabama | 0.01% | Reduce -0.1% | 8,612 | $1.5M |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.01% | Add +0.1% | 8,576 | $1.5M |
| Thrivent Financial for Lutherans | 0.00% | Reduce -62.5% | 8,570 | $1.5M |
| Centiva Capital, LP | 0.07% | Reduce -22.8% | 8,353 | $1.5M |
| Tredje AP-fonden | 0.01% | New | 8,000 | $1.4M |
| Inspire Investing, LLC | 0.16% | Reduce -43.6% | 7,851 | $1.4M |
| Quantbot Technologies LP | 0.06% | Reduce -34.9% | 7,653 | $1.3M |
| Nebula Research & Development LLC | 0.22% | New | 7,591 | $1.3M |
| Czech National Bank | 0.01% | Add +8.3% | 7,440 | $1.3M |
| Oppenheimer & Co. Inc. | 0.02% | Add +7.8% | 7,388 | $1.3M |
| TD Asset Management Inc | 0.00% | Reduce -29.1% | 7,343 | $1.3M |
| Cerity Partners LLC | 0.00% | Add +54.6% | 7,303 | $1.3M |
| Mirabella Financial Services LLP | 0.11% | Add +227.3% | 7,264 | $1.3M |
| Redwood Investment Management, LLC | 0.11% | Reduce -1.6% | 7,964 | $1.3M |
| Aberdeen Group plc | 0.00% | Reduce -1.4% | 6,929 | $1.2M |
| Cibc World Markets Corp. | 0.01% | Add +199.8% | 6,910 | $1.2M |
| Cresset Asset Management, LLC | 0.01% | Add +20.5% | 6,742 | $1.2M |
| Public Sector Pension Investment Board | 0.01% | Add +11.4% | 6,649 | $1.2M |
| Cetera Investment Advisers | 0.00% | Reduce -3.4% | 6,395 | $1.1M |
| AlphaStar Capital Management, LLC | 0.10% | Add +22.2% | 6,366 | $1.1M |
| Intrua Financial, LLC | 0.18% | Reduce -33.9% | 6,336 | $1.1M |
| Two Sigma Securities, LLC | 0.05% | Add +26.1% | 6,300 | $1.1M |
| Utah Retirement Systems | 0.01% | Reduce -10.1% | 6,259 | $1.1M |
| UniSuper Management Pty Ltd | 0.01% | Add +23.2% | 6,173 | $1.1M |
| Guidance Capital, Inc. | 0.35% | Add +5.3% | 6,090 | $1.1M |
| Y-Intercept (Hong Kong) Ltd | 0.06% | New | 6,102 | $1.1M |
| PEAK6 Investments LLC | 0.05% | Add +36.5% | 6,035 | $1.1M |
| Vest Financial, LLC | 0.03% | Add +31.8% | 6,025 | $1.1M |
| Cullen Capital Management, LLC | 0.01% | Reduce -8.1% | 6,006 | $1.1M |
| Aigen Investment Management, LP | 0.20% | Reduce -28.7% | 5,963 | $1.0M |
| Cwm, LLC | 0.00% | Add +267.3% | 5,804 | $1.0M |
| Schonfeld Strategic Advisors LLC | 0.01% | Reduce -86.1% | 5,780 | $1.0M |
| Yousif Capital Management, LLC | 0.01% | Reduce -5.1% | 5,758 | $1.0M |
| Comerica Bank | 0.00% | Reduce -71.6% | 5,709 | $999K |
| GTS Securities LLC | 0.02% | Add +169.1% | 5,645 | $988K |
| Commerce Bank | 0.01% | Reduce -0.4% | 5,621 | $984K |
| Twin Capital Management Inc. | 0.11% | Reduce -2.3% | 5,497 | $962K |
| Glenmede Trust Co. NA | 0.00% | Reduce -25.8% | 5,405 | $946K |
| WINTON GROUP Ltd | 0.06% | Add +2.2% | 5,400 | $945K |
| ING Groep NV | 0.01% | Add +304.4% | 5,278 | $924K |
| Virtu Financial LLC | 0.06% | Add +94.5% | 5,070 | $888K |
| CIBC Asset Management Inc | 0.00% | Reduce -6.4% | 5,063 | $886K |
| Linden Thomas Advisory Services, LLC | 0.14% | Add +2.3% | 4,998 | $875K |
| Fayez Sarofim & Co | 0.00% | Add +2.1% | 4,881 | $854K |
| Ritholtz Wealth Management | 0.03% | Add +217.3% | 4,864 | $852K |
| Eisler Capital (UK) Ltd. | 0.27% | New | 4,826 | $845K |
| Diversified Trust Co. | 0.02% | Add +0.0% | 4,776 | $836K |
| Williams Jones Wealth Management, LLC. | 0.01% | Reduce -4.0% | 4,748 | $831K |
| Capstone Investment Advisors, LLC | 0.04% | Reduce -79.6% | 4,634 | $811K |
| Livforsakringsbolaget Skandia, Omsesidigt | 0.07% | No change | 4,600 | $808K |
| Abacus FCF Advisors LLC | 0.20% | New | 4,570 | $800K |
| Petrus Trust Company, LTA | 0.07% | Add +45.2% | 4,409 | $772K |
| Robeco Institutional Asset Management B.V. | 0.00% | Add +8.2% | 4,305 | $754K |
| Pearl River Capital, LLC | 0.12% | Reduce -79.4% | 4,267 | $747K |
| State of Alaska, Department of Revenue | 0.01% | No change | 4,241 | $742K |
| NorthCrest Asset Manangement, LLC | 0.02% | Add +0.6% | 4,235 | $741K |
| Montag A & Associates Inc. | 0.04% | Reduce -67.0% | 4,182 | $736K |
| Public Employees Retirement Association of Colorado | 0.00% | Reduce -9.6% | 4,111 | $720K |
| Xponance LLC | 0.01% | Reduce -11.6% | 4,108 | $719K |
| Sanctuary Advisors, LLC | 0.01% | — | 4,293 | $715K |
| PKO Investment Management Joint-Stock Co | 0.09% | Add +33.3% | 4,000 | $700K |
| Personal Cfo Solutions, LLC | 0.11% | Reduce -0.1% | 3,989 | $698K |
| Nicholas Investment Partners, LP | 0.08% | Add +28.5% | 3,874 | $678K |
| Mariner, LLC | 0.00% | Add +16.9% | 3,855 | $675K |
| Corient Private Wealth LP | 0.00% | Add +22.5% | 3,820 | $669K |
| Cypress Capital Group | 0.08% | Reduce -21.0% | 3,624 | $634K |
| Osaic Holdings, Inc. | 0.00% | Reduce -37.6% | 3,581 | $627K |
| Integrated Wealth Concepts LLC | 0.01% | Add +29.4% | 3,581 | $627K |
| Peapack Gladstone Financial Corp. | 0.01% | No change | 3,567 | $624K |
| Fiera Capital Corp | 0.00% | No change | 3,500 | $613K |
| Hillsdale Investment Management Inc. | 0.05% | New | 3,440 | $602K |
| Simplex Trading, LLC | 0.02% | New | 3,370 | $589K |
| Oregon Public Employees Retirement Fund | 0.01% | Add +0.8% | 3,340 | $585K |
| Natixis | 0.00% | New | 3,335 | $584K |
| PNC Financial Services Group, Inc. | 0.00% | Add +0.5% | 3,331 | $583K |
| Rafferty Asset Management, LLC | 0.00% | Add +4.8% | 3,328 | $583K |
| Contravisory Investment Management, Inc. | 0.13% | Add +0.2% | 3,320 | $581K |
| Leonteq Securities AG | 0.08% | Add +29.8% | 3,284 | $575K |
| Maryland State Retirement & Pension System | 0.01% | No change | 3,281 | $574K |
| Biltmore Wealth Management, LLC | 0.25% | New | 3,239 | $567K |
| Hennion & Walsh Asset Management, Inc. | 0.03% | Add +38.0% | 3,221 | $564K |
| Balyasny Asset Management L.P. | 0.00% | Reduce -42.8% | 3,209 | $562K |
| Mercer Global Advisors Inc. | 0.00% | Add +8.0% | 3,166 | $554K |
| Apollon Wealth Management, LLC | 0.02% | Add +47.9% | 3,084 | $540K |
| Vanguard Personalized Indexing Management, LLC | 0.01% | Add +20.6% | 3,014 | $528K |
| Mizuho Securities USA LLC | 0.01% | New | 3,003 | $526K |
| U S Global Investors Inc. | 0.05% | New | 3,000 | $525K |
| Ar Asset Management Inc. | 0.13% | No change | 3,000 | $525K |
| Prelude Capital Management, LLC | 0.04% | Reduce -78.2% | 2,996 | $524K |
| Tower Research Capital LLC (TRC) | 0.01% | Add +13.8% | 2,969 | $520K |
| Kentucky Retirement Systems | 0.01% | Reduce -0.8% | 2,942 | $515K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | — | 2,934 | $514K |
| Dumont & Blake Investment Advisors LLC | 0.07% | Add +100.0% | 2,914 | $510K |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Add +161.0% | 2,900 | $508K |
| Adell Harriman & Carpenter Inc. | 0.04% | Reduce -24.5% | 2,885 | $505K |
| Allspring Global Investments Holdings, LLC | 0.00% | Add +9.6% | 2,836 | $496K |
| HighTower Advisors, LLC | 0.00% | Reduce -1.7% | 2,834 | $496K |
| Pallas Capital Advisors LLC | 0.02% | Add +134.4% | 2,897 | $486K |
| Fulton Bank, N.A. | 0.02% | Add +10.3% | 2,774 | $486K |
| Mma Asset Management LLC | 0.22% | Reduce -3.1% | 2,705 | $474K |
| NewEdge Advisors, LLC | 0.00% | Add +50.1% | 2,657 | $465K |
| Simmons Bank | 0.03% | No change | 2,641 | $462K |
| Clearstead Advisors, LLC | 0.01% | No change | 2,637 | $462K |
| Harvest Fund Management Co., Ltd | 0.03% | No change | 2,602 | $455K |
| Janney Montgomery Scott LLC | 0.00% | Reduce -20.3% | 2,582 | $452K |
| Verdad Advisers, LP | 0.52% | Add +28.6% | 2,565 | $449K |
| QRG Capital Management, Inc. | 0.01% | Add +7.8% | 2,564 | $449K |
| 1620 Investment Advisors, Inc. | 0.35% | Reduce -0.1% | 2,547 | $446K |
| Hartford Investment Management Co. | 0.02% | Reduce -1.2% | 2,515 | $440K |
| Exchange Traded Concepts, LLC | 0.01% | Add +5.6% | 2,486 | $435K |
| Kestra Advisory Services, LLC | 0.00% | Add +29.2% | 2,466 | $432K |
| Capula Management Ltd | 0.00% | New | 2,397 | $420K |
| NorthCoast Asset Management LLC | 0.00% | New | 2,351 | $412K |
| Captrust Financial Advisors | 0.00% | New | 2,300 | $403K |
| Horizon Advisory Services, Inc. | 0.19% | Add +0.0% | 2,273 | $398K |
| Ethic Inc. | 0.01% | Reduce -13.2% | 2,239 | $392K |
| Louisiana State Employees Retirement System | 0.01% | Reduce -4.3% | 2,200 | $385K |
| Empowered Funds, LLC | 0.01% | New | 2,193 | $384K |
| Bank of Nova Scotia | 0.00% | Reduce -28.8% | 2,162 | $378K |
| Securian Asset Management, Inc. | 0.01% | Reduce -4.4% | 2,154 | $377K |
| MML Investors Services, LLC | 0.00% | Reduce -13.4% | 2,143 | $375K |
| EHP Funds Inc. | 0.18% | New | 2,100 | $368K |
| Quantedge Capital Pte Ltd | 0.13% | New | 2,100 | $368K |
| AlphaQuest LLC | 0.05% | Add +35.9% | 1,989 | $348K |
| New Mexico Educational Retirement Board | 0.01% | No change | 1,964 | $344K |
| Axq Capital, LP | 0.08% | Add +30.5% | 1,957 | $343K |
| Creative Planning | 0.00% | Add +15.4% | 1,952 | $342K |
| Baldwin Investment Management, LLC | 0.05% | Add +5.6% | 1,900 | $333K |
| Blair William & Co. | 0.00% | New | 1,886 | $330K |
| Centaurus Financial, Inc. | 0.02% | No change | 1,875 | $328K |
| Keene & Associates, Inc. | 0.26% | Reduce -21.8% | 1,853 | $324K |
| Blueshift Asset Management, LLC | 0.11% | Reduce -77.7% | 1,837 | $322K |
| Choreo, LLC | 0.01% | New | 1,837 | $317K |
| Fruth Investment Management | 0.09% | No change | 1,800 | $315K |
| Machina Capital S.A.S. | 0.14% | Add +65.8% | 1,787 | $313K |
| Vinva Investment Management Ltd | 0.02% | Reduce -48.9% | 1,176 | $311K |
| Fifth Third Bancorp | 0.00% | Add +6.0% | 1,752 | $307K |
| Mirae Asset Global Investments Co., Ltd. | 0.00% | New | 1,713 | $301K |
| M&T Bank Corp | 0.00% | Add +0.8% | 1,602 | $281K |
| Steel Grove Capital Advisors, LLC | 0.04% | Add +28.0% | 1,600 | $280K |
| Meritage Group LP | 0.01% | New | 1,588 | $278K |
| Daiwa Securities Group Inc. | 0.00% | Add +22.0% | 1,570 | $275K |
| Vantage Consulting Group Inc | 0.20% | Add +15.6% | 1,559 | $273K |
| Commonwealth Equity Services, LLC | 0.00% | Reduce -1.1% | 1,542 | $270K |
| Cambridge Investment Research Advisors, Inc. | 0.00% | Add +13.4% | 1,537 | $269K |
| Entropy Technologies, LP | 0.03% | New | 1,503 | $263K |
| Edmonds Duncan Registered Investment Advisors, LLC | 0.06% | Add +0.5% | 1,478 | $259K |
| Summit Global Investments | 0.02% | New | 1,434 | $251K |
| Empirical Finance, LLC | 0.02% | Reduce -9.8% | 1,424 | $249K |
| Raymond James Financial Services Advisors, Inc. | 0.00% | Add +1.8% | 1,413 | $247K |
| CI Investments Inc. | 0.00% | Reduce -58.9% | 1,371 | $240K |
| Symmetry Partners, LLC | 0.01% | No change | 1,365 | $239K |
| Norinchukin Bank, The | 0.01% | Reduce -1.4% | 1,365 | $239K |
| Panagora Asset Management Inc. | 0.00% | Reduce -0.3% | 1,362 | $238K |
| Inscription Capital, LLC | 0.04% | Add +0.4% | 1,356 | $237K |
| Uncommon Cents Investing LLC | 0.07% | No change | 1,350 | $236K |
| 180 Wealth Advisors, LLC | 0.04% | Reduce -34.2% | 1,271 | $234K |
| Diligent Investors, LLC | 0.06% | Add +0.1% | 1,327 | $232K |
| Kentucky Retirement Systems Insurance Trust Fund | 0.01% | Reduce -2.3% | 1,259 | $220K |
| Freedom Investment Management, Inc. | 0.02% | Reduce -80.4% | 1,255 | $220K |
| Truvestments Capital LLC | 0.09% | Reduce -3.2% | 1,254 | $219K |
| Northwestern Mutual Investment Management Company, LLC | 0.01% | Add +0.2% | 1,242 | $217K |
| Capital Advisors Inc. | 0.00% | No change | 1,240 | $217K |
| Oak Thistle LLC | 0.16% | Add +6.2% | 1,236 | $216K |
| Scientech Research LLC | 0.04% | Reduce -53.9% | 1,235 | $216K |
| Atria Investments, Inc | 0.00% | New | 1,234 | $216K |
| United Capital Financial Advisors, LLC | 0.00% | Reduce -2.7% | 1,230 | $215K |
| Prosperity Consulting Group, LLC | 0.03% | Add +4.8% | 1,228 | $215K |
| Merit Financial Group, LLC | 0.00% | New | 1,221 | $214K |
| Larson Financial Group LLC | 0.01% | Reduce -4.1% | 1,204 | $211K |
| Wilmington Savings Fund Society, FSB | 0.01% | No change | 1,200 | $210K |
| Private Advisor Group, LLC | 0.00% | Add +8.4% | 1,185 | $208K |
| SYM FINANCIAL Corp | 0.03% | New | 1,181 | $207K |
| Vontobel Holding Ltd. | 0.00% | New | 1,179 | $206K |
| Seeds Investor LLC | 0.11% | Reduce -5.6% | 1,172 | $205K |
| Compound Planning, Inc. | 0.01% | Add +8.4% | 1,156 | $202K |
| Rockland Trust Co. | 0.01% | No change | 1,150 | $201K |
| Hudson Edge Investment Partners Inc. | 0.04% | Reduce -63.1% | 1,149 | $201K |
| V-Square Quantitative Management LLC | 0.03% | Reduce -29.2% | 1,146 | $201K |
| Mitsubishi UFJ Trust & Banking Corp | 0.00% | Reduce -28.7% | 1,135 | $199K |
| US Bancorp \de | 0.00% | Add +17.2% | 1,132 | $198K |
| Rakuten Investment Management, Inc. | 0.00% | Add +58.0% | 1,125 | $198K |
| Picton Mahoney Asset Management | 0.01% | New | 1,020 | $178K |
| Cullen/Frost Bankers, Inc. | 0.00% | Add +1.8% | 957 | $168K |
| Ransom Advisory, Ltd | 0.07% | Reduce -5.6% | 850 | $149K |
| Horizon Investments, LLC | 0.00% | Reduce -1.7% | 849 | $149K |
| State of Wyoming | 0.02% | Reduce -7.4% | 841 | $147K |
| Tompkins Financial Corp. | 0.01% | No change | 810 | $142K |
| Federated Hermes, Inc. | 0.00% | Add +929.3% | 772 | $135K |
| Quarry LP | 0.05% | Add +423.4% | 717 | $126K |
| Ossiam | 0.00% | Add +9.7% | 667 | $117K |
| Asset Management One Co., Ltd. | 0.00% | Add +6.5% | 637 | $112K |
| GAMMA Investing LLC | 0.01% | Add +71.6% | 604 | $106K |
| Arax Advisory Partners | 0.01% | New | 471 | $82K |
| DekaBank Deutsche Girozentrale | 0.00% | Add +1308.8% | 479 | $82K |
| Mather Group, Llc. | 0.00% | Add +26.3% | 432 | $81K |
| ORG Partners LLC | 0.01% | New | 469 | $81K |
| Ameritas Investment Partners, Inc. | 0.00% | No change | 442 | $77K |
| Blue Trust, Inc. | 0.00% | Add +35.7% | 384 | $72K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Reduce -17.0% | 411 | $72K |
| Covestor Ltd | 0.04% | Add +45.2% | 395 | $69K |
| TD Private Client Wealth LLC | 0.00% | Reduce -82.9% | 378 | $66K |
| Signaturefd, LLC | 0.00% | Add +80.8% | 367 | $64K |
| Avior Wealth Management, LLC | 0.00% | Reduce -0.9% | 344 | $60K |
| Vestcor Inc | 0.00% | No change | 303 | $53K |
| Pinpoint Asset Management Ltd | 0.01% | Reduce -49.9% | 278 | $49K |
| CIBC Private Wealth Group LLC | 0.00% | Reduce -30.3% | 272 | $48K |
| Global Retirement Partners, LLC | 0.00% | Add +1014.3% | 234 | $41K |
| Versant Capital Management, Inc | 0.01% | Add +1775.0% | 225 | $39K |
| Liontrust Investment Partners LLP | 0.00% | Reduce -43.9% | 225 | $39K |
| Spire Wealth Management | 0.00% | Reduce -0.5% | 217 | $38K |
| Prestige Wealth Management Group LLC | 0.01% | No change | 200 | $35K |
| Cromwell Holdings LLC | 0.02% | — | 199 | $35K |
| Venturi Wealth Management, LLC | 0.00% | Add +67.3% | 179 | $31K |
| Gladius Capital Management LP | 0.03% | New | 175 | $31K |
| Family Firm, Inc. | 0.01% | New | 172 | $30K |
| Sentry Investment Management LLC | 0.01% | Reduce -17.2% | 173 | $30K |
| Resona Asset Management Co.,Ltd. | 0.00% | Add +30.8% | 157 | $28K |
| Farther Finance Advisors, LLC | 0.00% | Add +106.8% | 153 | $26K |
| Allworth Financial LP | 0.00% | Add +84.5% | 155 | $26K |
| Quent Capital, LLC | 0.00% | No change | 142 | $25K |
| Steward Partners Investment Advisory, LLC | 0.00% | Reduce -18.2% | 135 | $24K |
| Parallel Advisors, LLC | 0.00% | Reduce -13.4% | 129 | $23K |
| Sunbelt Securities, Inc. | 0.00% | No change | 125 | $22K |
| Quadrant Capital Group LLC | 0.00% | Add +2.5% | 121 | $21K |
| Huntington National Bank | 0.00% | Add +11.2% | 119 | $21K |
| South Dakota Investment Council | 0.00% | No change | 115 | $20K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | Add +18.9% | 107 | $19K |
| Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna | 0.01% | Add +48.6% | 104 | $18K |
| Principal Securities, Inc. | 0.00% | No change | 100 | $18K |
| UMB Bank, n.a. | 0.00% | Reduce -1.0% | 100 | $18K |
| Assetmark, Inc. | 0.00% | Reduce -97.6% | 96 | $17K |
| AdvisorNet Financial, Inc | 0.00% | No change | 92 | $16K |
| Deseret Mutual Benefit Administrators | 0.01% | No change | 91 | $16K |
| Smithfield Trust Co | 0.00% | New | 83 | $15K |
| Parkside Financial Bank & Trust | 0.00% | Reduce -7.8% | 83 | $15K |
| Lindbrook Capital, LLC | 0.00% | Add +170.4% | 73 | $13K |
| Benjamin F. Edwards & Company, Inc. | 0.00% | Reduce -94.1% | 61 | $11K |
| Zions Bancorporation, N.A. | 0.00% | No change | 53 | $9K |
| Annis Gardner Whiting Capital Advisors, LLC | 0.00% | No change | 52 | $9K |
| Strengthening Families & Communities, LLC | 0.00% | New | 49 | $9K |
| Valley National Advisers Inc. | 0.00% | No change | 56 | $9K |
| MV Capital Management, Inc. | 0.00% | Add +4.1% | 51 | $9K |
| Cranbrook Wealth Management, LLC | 0.00% | No change | 50 | $9K |
| Geneos Wealth Management Inc. | 0.00% | No change | 50 | $9K |
| Castleview Partners, LLC | 0.00% | No change | 45 | $8K |
| Frazier Financial Advisors, LLC | 0.01% | Add +7.5% | 43 | $8K |
| Crewe Advisors LLC | 0.00% | No change | 42 | $7K |
| Foster Dykema Cabot & Partners, LLC | 0.00% | No change | 38 | $7K |
| IFP Advisors, Inc | 0.00% | Add +6.3% | 34 | $6K |
| Farmers & Merchants Investments Inc. | 0.00% | No change | 32 | $6K |
| Smartleaf Asset Management LLC | 0.00% | Add +2800.0% | 29 | $5K |
| JFS Wealth Advisors, LLC | 0.00% | No change | 26 | $5K |
| Rothschild Investment LLC | 0.00% | Add +333.3% | 26 | $5K |
| PayPay Securities Corp | 0.37% | Add +4.2% | 25 | $4K |
| Atlantic Edge Private Wealth Management, LLC | 0.00% | No change | 25 | $4K |
| FinTrust Capital Advisors, LLC | 0.00% | No change | 24 | $4K |
| Jones Financial Companies LLLP | 0.00% | New | 22 | $4K |
| Eagle Bay Advisors LLC | 0.00% | Reduce -15.8% | 16 | $3K |
| Rakuten Securities, Inc. | 0.00% | Add +128.6% | 16 | $3K |
| Bell Investment Advisors, Inc | 0.00% | No change | 16 | $3K |
| SJS Investment Consulting Inc. | 0.00% | No change | 14 | $2K |
| Abich Financial Wealth Management LLC | 0.00% | New | 14 | $2K |
| Ashton Thomas Private Wealth, LLC | 0.00% | New | 14 | $2K |
| VitalStone Financial, LLC | 0.00% | Reduce -75.9% | 13 | $2K |
| Private Trust Co. NA | 0.00% | No change | 13 | $2K |
| Fairway Wealth LLC | 0.00% | New | 12 | $2K |
| Private Wealth Management Group, LLC | 0.00% | No change | 12 | $2K |
| Innealta Capital, LLC | 0.00% | New | 12 | $2K |
| Hexagon Capital Partners LLC | 0.00% | No change | 12 | $2K |
| SOA Wealth Advisors, LLC. | 0.00% | Reduce -21.4% | 11 | $2K |
| Robbins Farley | 0.00% | No change | 11 | $2K |
| Bradley & Co. Private Wealth Management, LLC | 0.00% | No change | 10 | $2K |
| Gradient Investments LLC | 0.00% | New | 9 | $2K |
| REAP Financial Group, LLC | 0.00% | No change | 8 | $1K |
| EverSource Wealth Advisors, LLC | 0.00% | Reduce -92.5% | 7 | $1K |
| DiNuzzo Private Wealth, Inc. | 0.00% | Add +16.7% | 7 | $1K |
| Atwood & Palmer Inc. | 0.00% | Reduce -50.0% | 7 | $1K |
| International Assets Investment Management, LLC | 0.00% | New | 7 | $1K |
| Benjamin Edwards Inc. | 0.00% | New | 5 | $1K |
| Capital Advisors, Ltd. LLC | 0.00% | New | 6 | $1K |
| GW&K Investment Management, LLC | 0.00% | Add +33.3% | 4 | $1K |
| Laurel Wealth Advisors LLC | 0.00% | No change | 5 | $876 |
| TFC Financial Management, Inc. | 0.00% | Add +400.0% | 5 | $876 |
| MCF Advisors LLC | 0.00% | No change | 5 | $876 |
| First Horizon Advisors, Inc. | 0.00% | New | 5 | $875 |
| Dunhill Financial, LLC | 0.00% | Add +33.3% | 4 | $697 |
| Manchester Capital Management LLC | 0.00% | New | 3 | $526 |
| Carolinas Wealth Consulting LLC | 0.00% | New | 3 | $526 |
| True Wealth Design, LLC | 0.00% | New | 3 | $526 |
| WR Wealth Planners, LLC | 0.00% | Add +50.0% | 3 | $525 |
| Duncker Streett & Co. Inc. | 0.00% | New | 3 | $525 |
| Raleigh Capital Management Inc. | 0.00% | Add +100.0% | 2 | $350 |
| RFP Financial Group LLC | 0.00% | No change | 2 | $350 |
| Unique Wealth Strategies, LLC | 0.00% | New | 1 | $188 |
| Redwood Wealth Management Group, LLC | 0.00% | New | 1 | $175 |
| Harbour Investments, Inc. | 0.00% | Reduce -87.5% | 1 | $175 |
| McIlrath & Eck, LLC | 0.00% | New | 1 | $175 |
"% of holder's portfolio" is RL's weight in each manager's 13F, not the share of Ralph Lauren Corp. the manager owns.