RelianceRS

13F holders, Q4 2024 (December 31)
587holders −2
46new positions
67sold out
7famous investors
$268.20avg. 13F price*

At the end of Q4 2024, 587 institutions reported holding Reliance Inc. (RS) in their 13F filings, down 2 from Q3 2024. 46 opened new positions and 67 sold out. The largest holders were Vanguard Group Inc. ($1.7B), BlackRock, Inc. ($1.5B) and T. Rowe Price Associates Inc. ($998.9M). 7 famous investors held it, including Stephen Yacktman (2.7% of Yacktman Asset Management's portfolio), Ken Griffin (0.1% of Citadel Advisors's portfolio) and Cliff Asness (0.0% of AQR Capital Management's portfolio).

Company
Reliance Inc.
CUSIP
759509102
Latest filing quarter
Q2 2026

History

Number of 13F holders

0200400600800 Q1 2024: 609Q1 2024Q2 2024: 577Q2 2024Q3 2024: 589Q3 2024Q4 2024: 587Q4 2024Q1 2025: 608Q1 2025Q2 2025: 618Q2 2025Q3 2025: 641Q3 2025Q4 2025: 640Q4 2025Q1 2026: 645Q1 2026Q2 2026: 687Q2 2026

Total Exit/New Position Q3 2024 → Q4 2024

InstitutionsTotal Value
New Positions46$103.7M
Exits67$162.0M

All 13F filers, Q3 2024 → Q4 2024: 3,889,759 shares bought and 3,226,037 shares sold, net +663,722 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 587 holders

Vanguard Group Inc. 0.03% Reduce -1.5% 6,429,240 $1.7B
BlackRock, Inc. 0.03% Reduce -2.9% 5,717,570 $1.5B
T. Rowe Price Associates Inc. 0.12% Add +9.4% 3,709,737 $998.9M
State Street Corp. 0.03% Reduce -0.4% 2,497,017 $672.3M
Wellington Management Group LLP 0.07% Add +10.4% 1,479,542 $398.4M
First Trust Advisors LP 0.33% Add +15.5% 1,382,916 $372.4M
Dimensional Fund Advisors LP 0.06% Reduce -9.6% 988,234 $266.1M
Geode Capital Management, LLC 0.02% Reduce -2.7% 942,436 $253.3M
Yacktman Asset Management 2.70% Reduce -4.5% 857,097 $230.8M
Pacer Advisors, Inc. 0.49% Add +6311.2% 816,465 $219.8M
Principal Financial Group Inc. 0.11% Add +53.5% 725,685 $195.4M
Boston Partners 0.23% Add +7.6% 716,280 $192.9M
Royal London Asset Management Ltd. 0.46% Reduce -4.9% 693,467 $186.7M
Norges Bank 0.02% Reduce -3.2% 691,729 $186.3M
T. Rowe Price Investment Management, Inc. 0.11% Add +23.6% 633,578 $170.6M
Northern Trust Corp. 0.02% Add +32.7% 597,348 $160.8M
Morgan Stanley 0.01% Add +5.3% 526,892 $141.9M
FMR LLC 0.01% Add +25.1% 507,618 $136.7M
Bank of New York Mellon Corp 0.03% Add +5.4% 503,400 $135.5M
American Century Companies Inc. 0.07% Add +1127.9% 426,986 $115.0M
Nuveen Asset Management, LLC 0.03% Add +22.8% 424,952 $114.4M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% Reduce -3.3% 414,908 $111.7M
Charles Schwab Investment Management Inc. 0.02% Add +0.7% 397,453 $107.0M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.23% Add +5.8% 396,179 $106.7M
Corient Private Wealth LP 0.16% Reduce -5.0% 356,252 $95.9M
Invesco Ltd. 0.02% Reduce -58.3% 325,820 $87.7M
Lord, Abbett & Co. LLC 0.28% Add +7.0% 319,609 $86.1M
HSBC Holdings PLC 0.05% Reduce -8.3% 307,378 $82.8M
Goldman Sachs Group Inc. 0.02% Add +47.3% 292,369 $78.7M
Legal & General Group Plc 0.02% Reduce -3.8% 275,052 $74.1M
Epoch Investment Partners, Inc. 0.36% Add +8.7% 273,130 $73.5M
Citadel Advisors 0.06% Reduce -16.5% 240,895 $64.9M
SRB Corp. 3.63% No change 235,075 $63.3M
Victory Capital Management Inc. 0.06% Add +11.1% 225,739 $60.8M
Caisse de depot et placement du Quebec 0.11% Reduce -30.9% 204,546 $55.1M
JPMorgan Chase & Co. 0.00% Reduce -29.2% 202,470 $54.5M
Copeland Capital Management, LLC 0.93% Reduce -5.3% 184,775 $49.8M
Rhumbline Advisers 0.04% Add +1.3% 181,125 $48.8M
Acadian Asset Management LLC 0.13% Reduce -59.6% 167,662 $45.1M
Macquarie Group Ltd. 0.05% Reduce -2.9% 162,308 $43.7M
Swiss National Bank 0.03% Reduce -8.6% 155,400 $41.8M
Deroy & Devereaux Private Investment Counsel Inc. 2.33% Add +0.9% 150,140 $40.4M
California State Teachers Retirement System 0.05% Add +17.3% 148,576 $40.0M
Franklin Resources Inc. 0.01% Add +29.9% 145,627 $39.2M
Amundi 0.01% Reduce -13.9% 146,438 $39.2M
Royce & Associates LP 0.35% Reduce -16.4% 139,553 $37.6M
KBC Group NV 0.10% Reduce -2.2% 136,537 $36.8M
Retirement Systems of Alabama 0.13% Reduce -0.8% 132,705 $35.7M
King Luther Capital Management Corp. 0.16% Add +3.2% 132,306 $35.6M
Vest Financial, LLC 0.62% Add +29.3% 130,483 $35.1M
Allianz Asset Management GmbH 0.05% Reduce -0.7% 130,206 $35.1M
TD Asset Management Inc 0.03% Add +22.5% 127,281 $34.3M
California Public Employees Retirement System 0.02% Reduce -6.8% 121,527 $32.7M
Sumitomo Mitsui Trust Group, Inc. 0.02% Reduce -5.2% 121,181 $32.6M
Millennium Management 0.03% Add +16.5% 120,198 $32.4M
New York State Common Retirement Fund 0.04% Reduce -5.0% 116,052 $31.2M
Bank of America Corp. 0.00% Reduce -23.5% 111,977 $30.2M
Brandywine Global Investment Management, LLC 0.21% Reduce -2.5% 108,577 $29.2M
UBS Group AG 0.01% Reduce -24.1% 106,419 $28.7M
Deutsche Bank AG 0.01% Reduce -22.8% 102,560 $27.6M
CANADA LIFE ASSURANCE Co 0.05% Reduce -17.1% 97,032 $26.1M
AQR Capital Management 0.03% Reduce -30.2% 96,012 $25.8M
Ameriprise Financial Inc. 0.01% Reduce -6.9% 92,186 $24.8M
Mitsubishi UFJ Trust & Banking Corp 0.06% Reduce -11.7% 90,834 $24.5M
Barclays PLC 0.01% Add +14.5% 87,143 $23.5M
National Pension Service 0.02% Reduce -5.3% 87,100 $23.5M
Alliancebernstein L.P. 0.01% Reduce -6.5% 81,802 $22.0M
Woodward Diversified Capital, LLC 15.44% New 78,048 $21.0M
Raymond James Financial Inc. 0.01% — 76,655 $20.6M
DekaBank Deutsche Girozentrale 0.04% No change 76,901 $20.6M
Envestnet Asset Management Inc. 0.01% Add +22.4% 73,902 $19.9M
Jane Street Group, LLC 0.03% Add +8.3% 73,504 $19.8M
Russell Investments Group, Ltd. 0.03% Reduce -5.5% 71,663 $19.3M
Dearborn Partners LLC 0.79% Reduce -18.6% 70,354 $18.9M
Wells Fargo & Company 0.00% Add +18.3% 70,186 $18.9M
Cornerstone Capital, Inc. 1.92% Reduce -11.9% 67,713 $18.2M
Creative Planning 0.02% Add +0.6% 66,982 $18.0M
Intech Investment Management LLC 0.17% Add +24.9% 63,677 $17.1M
Corebridge Financial, Inc. 0.09% Reduce -5.9% 61,236 $16.5M
Voloridge Investment Management, LLC 0.06% Reduce -57.8% 59,024 $15.9M
New York State Teachers Retirement System 0.03% Reduce -2.2% 56,953 $15.3M
Cooper Creek Partners Management LLC 0.47% New 55,873 $15.0M
Citigroup Inc. 0.01% Add +14.2% 53,870 $14.5M
Pictet Asset Management Holding SA 0.02% Reduce -10.3% 53,867 $14.5M
Kennedy Capital Management LLC 0.32% Reduce -3.0% 53,719 $14.5M
Sei Investments Co. 0.02% Add +59.0% 51,857 $14.0M
AXA S.A. 0.04% Reduce -32.6% 51,260 $13.8M
Assenagon Asset Management S.A. 0.02% Add +478.1% 50,694 $13.6M
Liontrust Investment Partners LLP 0.20% Reduce -2.0% 50,510 $13.6M
HighTower Advisors, LLC 0.02% Reduce -0.8% 49,596 $13.4M
State Board of Administration of Florida Retirement System 0.03% Reduce -10.8% 49,315 $13.3M
Empower Advisory Group, LLC 0.04% Add +0.7% 48,862 $13.2M
Danske Bank A/S 0.04% Add +6.0% 48,354 $13.0M
Loomis Sayles & Co. L P 0.02% Add +3.5% 48,213 $13.0M
Cambria Investment Management, L.P. 0.75% New 45,965 $12.4M
Illinois Municipal Retirement Fund 0.17% Add +18.2% 45,592 $12.3M
State of Alaska, Department of Revenue 0.14% Reduce -9.2% 45,072 $12.1M
Burney Co./ 0.43% Reduce -34.5% 45,047 $12.1M
Swedbank AB 0.01% Add +1.6% 43,568 $11.7M
Korea Investment CORP 0.03% Add +142.8% 43,023 $11.6M
Railway Pension Investments Ltd 0.15% Add +487.5% 42,300 $11.4M
Mitsubishi UFJ Asset Management Co., Ltd. 0.01% Add +12.1% 41,849 $11.2M
Sprott Inc. 0.74% Reduce -0.2% 41,560 $11.2M
Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% — 41,164 $11.1M
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.30% Add +7.8% 40,899 $11.0M
Aware Super Pty Ltd as trustee of Aware Super 0.17% — 39,220 $10.6M
State of Wisconsin Investment Board 0.03% Reduce -29.1% 39,200 $10.6M
Storebrand Asset Management As 0.03% Reduce -20.6% 39,061 $10.5M
Ensign Peak Advisors, Inc 0.02% Reduce -3.1% 38,182 $10.3M
Merewether Investment Management, LP 0.40% New 37,000 $10.0M
Compagnie Lombard Odier SCmA 0.14% Add +108.0% 36,364 $9.8M
Squarepoint Ops LLC 0.03% Add +28.1% 36,104 $9.7M
O'shaughnessy Asset Management, LLC 0.08% Add +38.5% 34,697 $9.3M
Wedge Capital Management L L P 0.17% Reduce -12.8% 34,627 $9.3M
Manufacturers Life Insurance Company, The 0.01% Reduce -3.4% 34,403 $9.3M
Ethic Inc. 0.18% Add +36.5% 32,229 $8.7M
United Capital Management of KS, Inc. 1.57% Add +4.5% 32,114 $8.6M
Skandinaviska Enskilda Banken AB (publ) 0.04% Reduce -20.8% 32,053 $8.5M
MetLife Investment Management, LLC 0.04% Add +7.1% 30,504 $8.2M
Capital Fund Management S.A. 0.08% New 29,447 $7.9M
Mutual of America Capital Management LLC 0.08% Reduce -3.9% 28,589 $7.7M
ExodusPoint Capital Management, LP 0.08% Reduce -55.9% 28,547 $7.7M
Wealth Enhancement Advisory Services, LLC 0.01% Add +168.5% 28,409 $7.6M
Assetmark, Inc. 0.02% Add +1.4% 28,310 $7.6M
Nisa Investment Advisors, LLC 0.03% Add +0.1% 28,284 $7.6M
Meritage Portfolio Management 0.47% Reduce -1.9% 28,276 $7.6M
Nomura Asset Management Co. Ltd. 0.02% Reduce -3.9% 27,874 $7.5M
Treasurer of the State of North Carolina 0.03% Reduce -4.0% 27,361 $7.4M
Comerica Bank 0.03% Reduce -5.0% 26,898 $7.2M
QRG Capital Management, Inc. 0.07% Reduce -1.4% 25,930 $7.0M
Amalgamated Bank 0.06% Reduce -2.3% 25,730 $6.9M
Alpha Cubed Investments, LLC 0.31% Add +0.1% 25,545 $6.9M
Mercer Global Advisors Inc. 0.02% Reduce -11.7% 24,922 $6.7M
WINTON GROUP Ltd 0.43% New 23,878 $6.4M
Public Employees Retirement System of Ohio 0.02% Reduce -14.3% 23,747 $6.4M
BNP Paribas Financial Markets 0.00% Add +3.5% 23,469 $6.3M
State of Tennessee, Department of Treasury 0.02% Reduce -2.7% 23,218 $6.3M
Worldquant Millennium Advisors LLC 0.04% Add +133.8% 22,828 $6.1M
Mn Services Vermogensbeheer B.V. 0.04% Add +1.8% 22,500 $6.1M
Asset Management One Co., Ltd. 0.02% Add +3.2% 22,237 $6.0M
Two Sigma Investments, LP 0.01% Reduce -67.0% 22,260 $6.0M
LPL Financial LLC 0.00% Reduce -17.2% 21,956 $5.9M
Oliver Luxxe Assets LLC 1.05% No change 20,174 $5.8M
Yousif Capital Management, LLC 0.06% Reduce -4.4% 20,414 $5.5M
KLP Kapitalforvaltning As 0.03% — 20,100 $5.4M
State of New Jersey Common Pension Fund D 0.02% Reduce -3.8% 19,779 $5.3M
Cerity Partners LLC 0.01% Reduce -0.5% 19,610 $5.3M
Janney Montgomery Scott LLC 0.01% Add +0.1% 19,592 $5.3M
Police & Firemen's Retirement System of New Jersey 0.05% — 19,306 $5.2M
Schroder Investment Management Group 0.00% Reduce -1.6% 19,142 $5.1M
Hancock Whitney Corp. 0.15% Reduce -1.7% 18,165 $4.9M
Teachers Retirement System of the State of Kentucky 0.04% Reduce -5.5% 17,974 $4.8M
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% Add +8.7% 17,965 $4.8M
Lansforsakringar Fondforvaltning AB (publ) 0.02% — 17,626 $4.7M
Ameritas Investment Partners, Inc. 0.15% Reduce -2.5% 17,340 $4.7M
Natixis Advisors, LLC 0.01% Reduce -12.5% 16,943 $4.6M
XXEC, Inc. 3.72% New 16,648 $4.5M
Resona Asset Management Co.,Ltd. 0.03% Reduce -10.1% 16,606 $4.5M
Occidental Asset Management, LLC 0.69% Add +5.8% 16,494 $4.4M
Federated Hermes, Inc. 0.01% Reduce -6.0% 16,440 $4.4M
Advisors Asset Management, Inc. 0.08% Reduce -9.0% 16,017 $4.3M
Arizona State Retirement System 0.03% Reduce -2.9% 15,980 $4.3M
Van Eck Associates Corp. 0.01% Reduce -7.2% 15,957 $4.3M
Pathstone Holdings, LLC 0.02% Reduce -0.9% 15,932 $4.3M
Pinebridge Investments, L.P. 0.03% Add +42.1% 15,840 $4.3M
IFM Investors Pty Ltd 0.04% Reduce -12.3% 15,804 $4.3M
Vanguard Personalized Indexing Management, LLC 0.06% Reduce -0.4% 15,735 $4.2M
Louisiana State Employees Retirement System 0.08% Reduce -1.3% 15,000 $4.0M
Bessemer Group Inc. 0.01% Add +1.5% 14,898 $4.0M
Royal Bank of Canada 0.00% Reduce -44.8% 14,171 $3.8M
Susquehanna International Group, LLP 0.01% Reduce -13.8% 13,865 $3.7M
Neo Ivy Capital Management 0.74% New 13,713 $3.7M
Verition Fund Management LLC 0.02% Add +33.1% 13,374 $3.6M
Hendley & Co. Inc. 1.25% New 13,207 $3.6M
State of Michigan Retirement System 0.02% Reduce -4.3% 13,197 $3.6M
Westpac Banking Corp. 0.24% Reduce -28.8% 13,186 $3.6M
Handelsbanken Fonder AB 0.01% Reduce -10.8% 13,181 $3.5M
Daiwa Securities Group Inc. 0.02% Add +15.0% 13,010 $3.5M
Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% Add +3.5% 12,959 $3.5M
Dana Investment Advisors, Inc. 0.11% Reduce -11.3% 12,833 $3.5M
Thrivent Financial for Lutherans 0.01% Reduce -1.5% 12,734 $3.4M
Evexia Wealth LLC 1.16% Reduce -2.8% 12,059 $3.4M
Y-Intercept (Hong Kong) Ltd 0.22% Add +226.0% 12,390 $3.3M
Man Group plc 0.01% Reduce -14.3% 12,376 $3.3M
DNB Asset Management AS 0.01% Add +2.4% 12,191 $3.3M
Holocene Advisors, LP 0.01% Add +11.8% 12,137 $3.3M
Northwestern Mutual Investment Management Company, LLC 0.07% Reduce -1.5% 12,028 $3.2M
Commonwealth of Pennsylvania Public School Empls Retrmt SYS 0.02% Reduce -1.4% 11,953 $3.2M
Sanctuary Advisors, LLC 0.02% Reduce -6.1% 10,710 $3.2M
Foster & Motley Inc. 0.20% Reduce -3.2% 11,527 $3.1M
New Mexico Educational Retirement Board 0.10% Reduce -6.2% 11,236 $3.0M
Johnson Investment Counsel Inc. 0.03% Add +0.3% 11,149 $3.0M
Oregon Public Employees Retirement Fund 0.05% Reduce -1.2% 11,045 $3.0M
Neuberger Berman Group LLC 0.00% Reduce -12.3% 11,020 $3.0M
Shell Asset Management Co. 0.13% Reduce -1.1% 10,965 $3.0M
Forsta Ap-Fonden 0.02% Reduce -3.5% 10,900 $2.9M
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.02% Add +10.0% 10,536 $2.8M
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% Reduce -50.3% 10,325 $2.8M
Generali Asset Management SPA SGR 0.07% — 10,299 $2.8M
Alpine Woods Capital Investors, LLC 0.52% Add +4.1% 10,253 $2.8M
Voya Investment Management LLC 0.00% Reduce -90.8% 10,253 $2.8M
Bank of Montreal 0.00% Add +6.5% 10,122 $2.7M
Monument Capital Management 0.73% Add +2.1% 9,829 $2.6M
Pettee Investors, Inc. 1.34% No change 9,781 $2.6M
Cambridge Investment Research Advisors, Inc. 0.01% Add +3.6% 9,694 $2.6M
Achmea Investment Management B.V. 0.04% Reduce -79.9% 9,509 $2.6M
Pure Financial Advisors, LLC 0.06% Add +232.9% 9,281 $2.5M
Xponance LLC 0.02% Add +5.3% 9,200 $2.5M
Exchange Traded Concepts, LLC 0.05% New 9,154 $2.5M
Coldstream Capital Management Inc. 0.05% Add +6.2% 8,946 $2.4M
Utah Retirement Systems 0.03% Reduce -5.3% 8,923 $2.4M
Mirae Asset Global Investments Co., Ltd. 0.01% Add +4.7% 8,973 $2.4M
Bokf, NA 0.04% Reduce -0.3% 8,889 $2.4M
Two Sigma Advisers, LP 0.01% Add +151.4% 8,800 $2.4M
PNC Financial Services Group, Inc. 0.00% Add +2.9% 8,660 $2.3M
Ontario Teachers Pension Plan Board 0.03% Add +46.8% 8,543 $2.3M
APG Asset Management N.V. 0.01% Add +2.1% 8,557 $2.2M
Harbor Capital Advisors, Inc. 0.09% Add +0.6% 7,715 $2.1M
Tidal Investments LLC 0.02% Add +1.8% 7,530 $2.0M
Aquatic Capital Management LLC 0.05% New 7,448 $2.0M
Toronto Dominion Bank 0.00% Reduce -9.7% 7,403 $2.0M
Hunter Associates Investment Management LLC 0.30% Add +4.6% 7,360 $2.0M
D. E. Shaw & Co. 0.00% Reduce -87.7% 7,372 $2.0M
Nomura Holdings Inc. 0.01% New 7,181 $1.9M
Cetera Investment Advisers 0.00% Add +9.6% 7,041 $1.9M
NorthCoast Asset Management LLC 0.01% Add +9.7% 6,866 $1.8M
Nissay Asset Management Corp. /Japan 0.01% Reduce -3.4% 6,688 $1.8M
Twinbeech Capital LP 0.03% New 6,697 $1.8M
NorthCrest Asset Manangement, LLC 0.05% Add +1.2% 6,638 $1.8M
Diversified Trust Co. 0.04% Add +0.2% 6,635 $1.8M
Mediolanum International Funds Ltd 0.02% No change 6,521 $1.7M
Orser Capital Management, LLC 1.18% Reduce -0.7% 6,356 $1.7M
STRS Ohio 0.01% Reduce -11.0% 6,355 $1.7M
Andra AP-fonden 0.03% Reduce -85.7% 6,300 $1.7M
Osaic Holdings, Inc. 0.00% Reduce -11.7% 6,215 $1.7M
XTX Topco Ltd 0.14% Add +2.5% 6,008 $1.6M
Hilton Capital Management, LLC 0.14% Add +4.5% 5,976 $1.6M
Numerai GP LLC 0.43% Add +615.8% 5,884 $1.6M
Ostrum Asset Management 0.14% Reduce -19.7% 5,862 $1.6M
Gotham Asset Management 0.01% Reduce -38.2% 5,840 $1.6M
Tower Research Capital LLC (TRC) 0.03% Reduce -16.6% 5,784 $1.6M
Quantinno Capital Management LP 0.02% Add +25.6% 5,723 $1.5M
South Dakota Investment Council 0.03% No change 5,630 $1.5M
1832 Asset Management L.P. 0.00% Reduce -20.3% 5,508 $1.5M
Public Employees Retirement Association of Colorado 0.01% Reduce -3.8% 5,455 $1.5M
PFG Advisors 0.09% Reduce -62.7% 5,416 $1.5M
Empowered Funds, LLC 0.02% Add +85.5% 5,404 $1.5M
Swiss Life Asset Management Ltd 0.01% Add +63.4% 5,408 $1.5M
Mariner, LLC 0.00% Add +3.0% 5,365 $1.4M
Prudential Financial Inc. 0.00% Reduce -46.6% 5,363 $1.4M
Redwood Investment Management, LLC 0.14% New 5,295 $1.4M
Bryce Point Capital, LLC 0.41% — 5,244 $1.4M
Sumitomo Mitsui DS Asset Management Company, Ltd 0.01% No change 5,187 $1.4M
Mirabella Financial Services LLP 0.13% New 5,108 $1.4M
M&T Bank Corp 0.00% Add +69.5% 5,098 $1.4M
Nordea Investment Management AB 0.00% Add +11.0% 4,951 $1.3M
Venturi Wealth Management, LLC 0.06% Add +10.8% 4,853 $1.3M
Janus Henderson Group PLC 0.00% Add +138.8% 4,817 $1.3M
CCM Investment Group, LLC 0.14% — 4,827 $1.3M
B. Metzler seel. Sohn & Co. AG 0.01% Add +116.6% 4,748 $1.3M
CX Institutional 0.05% Add +5.8% 4,713 $1.3M
Gulf International Bank (UK) Ltd 0.03% No change 4,631 $1.2M
Baird Financial Group, Inc. 0.00% Reduce -4.4% 4,592 $1.2M
Engineers Gate Manager LP 0.02% Reduce -87.0% 4,533 $1.2M
Tredje AP-fonden 0.01% Reduce -50.0% 4,518 $1.2M
Robeco Institutional Asset Management B.V. 0.00% Reduce -10.2% 4,482 $1.2M
Mackenzie Financial Corp. 0.00% Add +36.1% 4,429 $1.2M
Ellevest, Inc. 0.07% Add +9.0% 4,369 $1.2M
Ritholtz Wealth Management 0.03% Reduce -3.8% 4,361 $1.2M
Commonwealth Equity Services, LLC 0.00% Add +1.3% 4,333 $1.2M
Landscape Capital Management, L.L.C. 0.12% Add +226.6% 4,279 $1.2M
Manning & Napier Advisors LLC 0.01% Reduce -9.8% 4,169 $1.1M
Captrust Financial Advisors 0.00% Add +3.8% 4,106 $1.1M
Securian Asset Management, Inc. 0.03% Reduce -4.4% 4,091 $1.1M
Candriam S.C.A. 0.01% No change 4,047 $1.1M
Profit Investment Management, LLC 0.86% Reduce -1.7% 3,970 $1.1M
LSV Asset Management 0.00% Reduce -91.5% 3,900 $1.1M
Cresset Asset Management, LLC 0.00% Reduce -18.4% 3,808 $1.0M
Metis Global Partners, LLC 0.03% Add +8.4% 3,804 $1.0M
Linden Thomas Advisory Services, LLC 0.13% Add +2.3% 3,751 $1.0M
Polar Asset Management Partners Inc. 0.02% Reduce -66.4% 3,700 $996K
Caprock Group, LLC 0.03% Reduce -1.9% 3,600 $969K
Savant Capital, LLC 0.01% Add +86.9% 3,581 $964K
Commerce Bank 0.01% Reduce -4.9% 3,562 $959K
Glenmede Trust Co. NA 0.00% Reduce -44.4% 3,542 $954K
TD Private Client Wealth LLC 0.03% Add +22.2% 3,444 $927K
Private Advisor Group, LLC 0.01% Reduce -12.2% 3,363 $906K
Peterson Wealth Services 0.28% Add +6.2% 3,329 $896K
Amova Asset Management Americas, Inc. 0.01% Reduce -13.4% 3,328 $896K
Kingsview Wealth Management, LLC 0.02% Reduce -0.7% 3,254 $876K
Mutual Advisors, LLC 0.03% Reduce -13.8% 3,068 $872K
Sterling Capital Management LLC 0.01% Add +46.8% 3,198 $861K
Berkshire Asset Management LLC 0.04% No change 2,903 $844K
iSAM Funds (UK) Ltd 0.61% New 3,060 $824K
Fisher Asset Management 0.00% Reduce -53.2% 3,051 $822K
Vident Advisory, LLC 0.01% Reduce -7.6% 3,018 $813K
ProShare Advisors LLC 0.00% Add +2.8% 2,970 $800K
Versor Investments LP 0.14% New 2,966 $799K
Centiva Capital, LP 0.03% Reduce -70.6% 2,952 $795K
Maryland State Retirement & Pension System 0.02% Reduce -11.9% 2,873 $774K
Moran Wealth Management, LLC 0.02% Add +2.3% 2,852 $768K
Schonfeld Strategic Advisors LLC 0.00% Add +31.7% 2,834 $763K
Vestcor Inc 0.02% Reduce -40.0% 2,755 $742K
NTV Asset Management LLC 0.10% No change 2,750 $740K
E. Ohman J:or Asset Management AB 0.02% Add +19.6% 2,750 $740K
Fuller & Thaler Asset Management, Inc. 0.00% Add +48.8% 2,698 $726K
CIBC Asset Management Inc 0.00% Add +2.3% 2,694 $725K
BTS Asset Management, Inc. 0.71% New 2,625 $707K
Crossmark Global Holdings, Inc. 0.01% Reduce -41.0% 2,617 $704K
Sequoia Financial Advisors, LLC 0.01% Add +5.9% 2,603 $701K
Moloney Securities Asset Management, LLC 0.09% Reduce -27.4% 2,574 $693K
Prudential PLC 0.00% Reduce -27.5% 2,562 $690K
Cibc World Markets Corp. 0.00% Reduce -25.6% 2,490 $670K
Athena Investment Management 0.39% Reduce -1.4% 2,471 $665K
Credit Agricole S A 0.00% Add +26.5% 2,466 $664K
PKO Investment Management Joint-Stock Co 0.08% No change 2,464 $663K
Abn Amro Investment Solutions 0.01% Reduce -23.4% 2,403 $647K
OMERS ADMINISTRATION Corp 0.01% Add +19.4% 2,387 $643K
HighPoint Advisor Group LLC 0.03% Reduce -6.4% 2,209 $641K
Caxton Associates LP 0.02% New 2,340 $630K
J. W. Coons Advisors, LLC 0.15% No change 2,230 $600K
BSW Wealth Partners 0.09% Add +23.5% 2,215 $596K
Formidable Asset Management, LLC 0.10% Reduce -6.0% 2,205 $594K
Flputnam Investment Management Co. 0.01% Reduce -18.4% 2,177 $586K
Net Worth Advisory Group 0.18% Add +0.6% 2,176 $586K
Oak Thistle LLC 0.17% Add +103.7% 2,123 $572K
Panagora Asset Management Inc. 0.00% Reduce -44.6% 2,084 $561K
Parallel Advisors, LLC 0.01% Reduce -7.4% 2,076 $559K
Shelton Capital Management 0.01% Reduce -7.9% 2,076 $559K
Insight Advisors, LLC/ PA 0.10% New 2,098 $559K
Meiji Yasuda Asset Management Co Ltd. 0.02% Reduce -1.6% 2,071 $558K
Cullen/Frost Bankers, Inc. 0.01% Add +0.1% 2,066 $556K
Clearstead Advisors, LLC 0.01% No change 2,056 $554K
Dark Forest Capital Management LP 0.08% Reduce -51.0% 2,049 $552K
Park Avenue Securities LLC 0.01% Add +18.1% 2,037 $549K
Sherbrooke Park Advisers LLC 0.17% Reduce -12.9% 2,024 $545K
Plancorp, LLC 0.02% Add +0.5% 2,008 $541K
Beaton Management Co. Inc. 0.27% No change 2,000 $539K
Chancellor Financial Group WB LP 0.43% — 2,000 $539K
Clifford Swan Investment Counsel LLC 0.02% Reduce -2.6% 2,000 $539K
Cooke & Bieler LP 0.01% No change 2,000 $539K
US Bancorp \de 0.00% Reduce -3.9% 1,996 $537K
Sigma Planning Corp 0.02% Reduce -17.1% 1,981 $533K
Pitcairn Co. 0.03% Reduce -19.4% 1,974 $532K
Bank of Nova Scotia 0.00% Reduce -31.0% 1,937 $522K
Evergreen Capital Management LLC 0.02% Add +19.2% 1,897 $511K
Northwestern Mutual Wealth Management Co. 0.00% Reduce -61.4% 1,892 $510K
Advisory Research Inc. 0.08% Add +0.4% 1,819 $490K
Fifth Third Wealth Advisors LLC 0.03% Reduce -1.2% 1,789 $482K
Fulton Bank, N.A. 0.02% Add +11.3% 1,747 $470K
Keybank National Association 0.00% Add +8.8% 1,703 $459K
BI Asset Management Fondsmaeglerselskab A/S 0.00% Reduce -32.6% 1,685 $454K
Allstate Corp. 0.01% New 1,676 $451K
Erste Asset Management GmbH 0.01% New 1,650 $445K
Strategic Family Wealth Counselors, L.L.C. 0.14% Reduce -36.5% 1,653 $445K
MorganRosel Wealth Management, LLC 0.14% Reduce -3.8% 1,633 $440K
Greenleaf Trust 0.00% Add +1.3% 1,620 $436K
DAVENPORT & Co LLC 0.00% Add +18.7% 1,620 $436K
Forum Financial Management, LP 0.01% Add +2.8% 1,619 $436K
Twin Lakes Capital Management, LLC 0.28% Reduce -4.2% 1,606 $432K
Qsemble Capital Management, LP 0.06% New 1,601 $431K
Focus Partners Wealth 0.00% Add +17.2% 1,579 $425K
AdvisorShares Investments LLC 0.08% New 1,570 $423K
NewEdge Advisors, LLC 0.00% Add +142.6% 1,548 $417K
Beacon Pointe Advisors, LLC 0.00% Reduce -5.6% 1,458 $393K
Guggenheim Capital LLC 0.00% Reduce -97.0% 1,427 $384K
Lingohr Asset Management GmbH 0.79% Reduce -38.3% 1,424 $379K
Truist Financial Corp. 0.00% Add +16.9% 1,399 $377K
Choreo, LLC 0.01% Reduce -18.3% 1,408 $375K
Applied Finance Capital Management, LLC 0.02% No change 1,391 $375K
FourThought Financial Partners, LLC 0.04% New 1,385 $373K
Independent Advisor Alliance 0.00% New 1,369 $369K
Cable Hill Partners, LLC 0.04% Add +67.1% 1,360 $366K
Quadrant Capital Group LLC 0.03% Reduce -9.7% 1,349 $363K
Townsquare Capital LLC 0.00% Add +3.1% 1,342 $361K
Atria Wealth Solutions, Inc. 0.00% Reduce -3.0% 1,319 $355K
Uncommon Cents Investing LLC 0.11% No change 1,315 $354K
Envestnet Portfolio Solutions, Inc. 0.00% Add +12.7% 1,289 $347K
Archer Investment Corp 0.09% No change 1,285 $346K
Jackson Creek Investment Advisors LLC 0.10% Add +0.1% 1,249 $336K
Investment Management Corp. /Va/ 0.30% — 1,242 $334K
Profund Advisors LLC 0.01% Reduce -21.9% 1,237 $333K
Rafferty Asset Management, LLC 0.00% Reduce -2.5% 1,236 $333K
Avantax Advisory Services, Inc. 0.00% Add +4.8% 1,234 $332K
HB Wealth Management, LLC 0.00% Add +52.8% 1,209 $326K
Ashton Thomas Private Wealth, LLC 0.01% Reduce -3.5% 1,203 $324K
UniSuper Management Pty Ltd 0.00% No change 1,200 $323K
Allspring Global Investments Holdings, LLC 0.00% Reduce -95.0% 1,196 $322K
Integrated Advisors Network LLC 0.02% Add +4.5% 1,181 $318K
Scientech Research LLC 0.09% Reduce -45.7% 1,176 $317K
Seeds Investor LLC 0.09% Add +14.3% 1,170 $315K
Perigon Wealth Management, LLC 0.01% Add +8.4% 1,101 $313K
Cynosure Group, LLC 0.05% Reduce -25.8% 1,126 $303K
Praxis Investment Management Inc. 0.02% New 1,120 $302K
Checchi Capital Advisers, LLC 0.02% Reduce -12.0% 1,121 $302K
Signaturefd, LLC 0.01% Reduce -3.1% 1,066 $287K
Farringdon Capital, Ltd. 0.12% — 1,063 $286K
Orion Porfolio Solutions, LLC 0.00% New 1,046 $282K
Orion Portfolio Solutions, LLC 0.00% New 1,046 $282K
Paulson Wealth Management Inc. 0.08% Reduce -20.5% 1,038 $279K
LBP Am SA 0.00% Reduce -66.2% 1,038 $279K
MML Investors Services, LLC 0.00% Add +12.7% 1,024 $276K
Catalyst Funds Management Pty Ltd 0.07% Reduce -16.7% 1,000 $269K
Fractal Investments LLC 0.04% No change 1,000 $269K
Lido Advisors, LLC 0.00% Add +4.9% 998 $269K
Vise Technologies, Inc. 0.02% New 996 $268K
Masso Torrence Wealth Management Inc. 0.14% Reduce -3.6% 993 $267K
Prospera Financial Services Inc 0.01% Add +1.8% 987 $266K
Trust Point Inc. 0.02% Add +1.2% 984 $265K
Blueshift Asset Management, LLC 0.10% Reduce -14.5% 983 $265K
Compound Planning, Inc. 0.01% No change 983 $265K
Parcion Private Wealth LLC 0.02% Add +7.6% 982 $264K
Cwm, LLC 0.00% Add +0.6% 981 $264K
Two Sigma Securities, LLC 0.05% Reduce -91.8% 978 $263K
Grove Bank & Trust 0.04% No change 970 $261K
Portside Wealth Group, LLC 0.04% Add +1.4% 955 $257K
Inspire Investing, LLC 0.03% Reduce -3.4% 955 $257K
Quent Capital, LLC 0.03% Add +4.1% 941 $253K
Cordatus Wealth Management LLC 0.07% Add +1.2% 939 $253K
Wealthspire Advisors, LLC 0.00% Reduce -15.6% 931 $251K
Mather Group, Llc. 0.00% No change 929 $250K
Salomon & Ludwin, LLC 0.03% No change 928 $250K
Jain Global LLC 0.01% — 914 $246K
Plato Investment Management Ltd 0.02% Add +14.3% 910 $246K
Blair William & Co. 0.00% Add +0.1% 903 $243K
Kathmere Capital Management, LLC 0.02% Add +3.0% 902 $243K
United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund 0.01% New 900 $242K
Laird Norton Wetherby Wealth Management, LLC 0.01% Reduce -4.0% 886 $239K
NDVR, Inc. 0.23% Add +5.8% 882 $237K
Meeder Advisory Services, Inc. 0.01% Reduce -3.9% 877 $236K
Morton Capital Management LLC 0.04% New 865 $233K
Oppenheimer & Co. Inc. 0.00% Reduce -0.8% 865 $233K
Chilton Investment Co. Inc. 0.01% No change 860 $232K
SG Americas Securities, LLC 0.00% Reduce -88.6% 843 $227K
Summit Financial, LLC 0.01% Reduce -37.2% 840 $226K
Ascent Group, LLC 0.02% Add +2.3% 834 $225K
Rehmann Capital Advisory Group 0.01% Reduce -1.2% 823 $222K
GAMMA Investing LLC 0.02% Add +18.1% 823 $222K
Stonegate Investment Group, LLC 0.01% Add +1.0% 814 $219K
Journey Strategic Wealth LLC 0.01% Add +1.6% 813 $219K
Federation des caisses Desjardins du Quebec 0.00% Reduce -70.2% 811 $218K
Eastern Bank 0.00% No change 808 $218K
Principal Securities, Inc. 0.00% Add +26.6% 800 $215K
Optimum Investment Advisors 0.10% No change 800 $215K
&partners 0.00% New 783 $211K
EP Wealth Advisors, LLC 0.00% Reduce -33.0% 778 $209K
Regions Financial Corp. 0.00% Reduce -0.8% 756 $204K
IFP Advisors, Inc 0.01% Reduce -0.3% 724 $196K
Farmers & Merchants Trust Co of Chambersburg PA 0.07% No change 670 $180K
First Eagle Investment Management, LLC 0.00% Add +2.8% 667 $180K
Steward Partners Investment Advisory, LLC 0.00% Add +13.8% 651 $175K
Fifth Third Bancorp 0.00% Reduce -9.5% 648 $174K
CI Investments Inc. 0.00% Add +173.7% 646 $174K
State of Wyoming 0.02% Add +210.7% 637 $172K
Smithfield Trust Co 0.01% Reduce -20.9% 510 $137K
Livforsakringsbolaget Skandia, Omsesidigt 0.01% No change 500 $135K
New Age Alpha Advisors, LLC 0.01% New 494 $133K
Lindbrook Capital, LLC 0.01% Add +0.6% 477 $128K
CIBC Private Wealth Group LLC 0.00% No change 480 $128K
Covestor Ltd 0.08% Add +2.2% 472 $127K
EverSource Wealth Advisors, LLC 0.01% Add +4.4% 423 $114K
Osterweis Capital Management Inc. 0.01% No change 374 $101K
TD Waterhouse Canada Inc. 0.00% Add +49.0% 368 $99K
Farther Finance Advisors, LLC 0.00% Reduce -7.7% 361 $97K
Abound Wealth Management 0.03% Add +35700.0% 358 $96K
UMB Bank, n.a. 0.00% Add +41.8% 353 $95K
Bayforest Capital Ltd 0.12% — 345 $93K
Providence First Trust Co 0.03% New 334 $90K
Rosenberg Matthew Hamilton 0.02% No change 331 $89K
Jones Financial Companies LLLP 0.00% Add +1216.0% 329 $89K
Ancora Advisors LLC 0.00% No change 312 $84K
National Bank of Canada 0.00% Add +6.2% 290 $78K
Brooklyn Investment Group 0.02% Add +5.6% 284 $76K
Smartleaf Asset Management LLC 0.01% Reduce -10.9% 287 $76K
Blue Trust, Inc. 0.00% Reduce -74.2% 264 $71K
Quarry LP 0.01% Add +83.7% 259 $70K
Cedar Wealth Management, LLC 0.02% No change 250 $67K
CENTRAL TRUST Co 0.00% Reduce -4.0% 238 $64K
AdvisorNet Financial, Inc 0.01% Reduce -1.3% 234 $63K
MassMutual Private Wealth & Trust, FSB 0.00% Add +0.9% 222 $60K
Transce3nd, LLC 0.02% — 213 $58K
Versant Capital Management, Inc 0.01% Add +157.8% 214 $58K
Atlas Capital Advisors Inc. 0.01% No change 214 $58K
MAI Capital Management 0.00% New 201 $54K
Hemington Wealth Management 0.01% Add +9.0% 194 $52K
Caldwell Trust Co 0.01% No change 186 $50K
Lavaca Capital LLC 0.02% New 183 $49K
Coppell Advisory Solutions LLC 0.01% Add +224.6% 185 $49K
Core Alternative Capital 0.01% Reduce -31.1% 166 $45K
Deseret Mutual Benefit Administrators 0.02% Add +17.2% 150 $40K
Rise Advisors, LLC 0.02% No change 148 $40K
Geneos Wealth Management Inc. 0.00% Add +1.5% 132 $36K
Caitong International Asset Management Co., Ltd 0.03% — 107 $29K
Nova Wealth Management, Inc. 0.03% — 107 $29K
Towarzystwo Funduszy Inwestycyjnych Pzu SA 0.01% No change 100 $27K
NBT Bank, N.A. 0.00% No change 100 $27K
Whittier Trust Co. of Nevada Inc. 0.00% Add +54.0% 97 $26K
Allworth Financial LP 0.00% Add +18.9% 88 $25K
Centricity Wealth Management, LLC 0.02% — 88 $24K
Bell Investment Advisors, Inc 0.00% Add +2.5% 83 $22K
LGT Financial Advisors LLC 0.05% Reduce -41.0% 82 $22K
WPG Advisers, LLC 0.02% — 82 $22K
Centerpoint Advisors, LLC 0.01% No change 83 $22K
Brown, Lisle/Cummings, Inc. 0.01% No change 80 $22K
Riverview Trust Co 0.02% No change 75 $20K
Global Retirement Partners, LLC 0.00% Add +6.0% 71 $19K
Roxbury Financial LLC 0.02% — 59 $19K
Beacon Capital Management, LLC 0.00% No change 67 $18K
Catalyst Capital Advisors LLC 0.00% Reduce -35.6% 67 $18K
Modus Advisors, LLC 0.01% New 65 $18K
JFS Wealth Advisors, LLC 0.00% No change 64 $17K
WR Wealth Planners, LLC 0.01% Add +65.8% 63 $17K
Contravisory Investment Management, Inc. 0.00% No change 63 $17K
Leonteq Securities AG 0.00% Add +14.3% 56 $15K
Concourse Financial Group Securities, Inc. 0.00% No change 50 $14K
Spire Wealth Management 0.00% Add +6.4% 50 $13K
Harbour Investments, Inc. 0.00% Add +4.7% 45 $12K
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund 0.00% Reduce -90.1% 44 $12K
Cetera Trust Company, N.A 0.01% No change 44 $12K
WealthCollab, LLC 0.01% No change 38 $10K
Red Tortoise LLC 0.01% No change 36 $10K
TCTC Holdings, LLC 0.00% New 36 $10K
Meeder Asset Management Inc. 0.00% No change 35 $9K
Huntington National Bank 0.00% Add +30.8% 34 $9K
SBI Securities Co., Ltd. 0.00% — 32 $9K
High Note Wealth, LLC 0.00% New 31 $8K
Catherine Avery Investment Management LLC 0.01% — 30 $8K
Whittier Trust Co. 0.00% No change 30 $8K
Thurston, Springer, Miller, Herd & Titak, Inc. 0.00% Reduce -41.2% 30 $8K
Copia Wealth Management 0.01% — 29 $8K
Global Financial Private Client, LLC 0.00% Add +17.4% 27 $7K
Private Trust Co. NA 0.00% Reduce -3.7% 26 $7K
First Horizon Advisors, Inc. 0.00% Reduce -10.3% 26 $7K
Brown Brothers Harriman & Co. 0.00% No change 24 $6K
Farmers & Merchants Investments Inc. 0.00% No change 23 $6K
Transamerica Financial Advisors, LLC 0.00% Add +100.0% 22 $6K
Edge Capital Group, LLC 0.00% New 174,473 $6K
Synergy Investment Management, LLC 0.00% — 21 $5K
CVA Family Office, LLC 0.00% Add +400.0% 20 $5K
REAP Financial Group, LLC 0.00% No change 19 $5K
Wilmington Savings Fund Society, FSB 0.00% No change 18 $5K
DiNuzzo Private Wealth, Inc. 0.00% No change 17 $5K
Rothschild Investment LLC 0.00% Add +6.3% 17 $5K
Valued Wealth Advisors LLC 0.00% Reduce -5.9% 16 $4K
Capital Analysts, LLC 0.00% New 16 $4K
Bruce G. Allen Investments, LLC 0.00% No change 14 $4K
Gen-Wealth Partners Inc 0.00% No change 14 $4K
Pacifica Partners Inc. 0.00% No change 14 $4K
Sachetta, LLC 0.00% Add +160.0% 13 $4K
SJS Investment Consulting Inc. 0.00% Reduce -35.0% 13 $4K
MV Capital Management, Inc. 0.00% Add +225.0% 13 $4K
Altshuler Shaham Ltd 0.00% Reduce -7.1% 13 $4K
Cassady Schiller Wealth Management, LLC 0.00% Add +33.3% 12 $3K
Legacy Investment Solutions, LLC 0.00% Add +57.1% 11 $3K
Legacy Wealth Managment, LLC 0.00% Add +57.1% 11 $3K
Zions Bancorporation, N.A. 0.00% Reduce -99.8% 11 $3K
Caitlin John, LLC 0.00% No change 10 $3K
Arax Advisory Partners 0.00% No change 10 $3K
Private Wealth Management Group, LLC 0.00% Reduce -50.0% 9 $2K
Prestige Wealth Management Group LLC 0.00% No change 9 $2K
Financial Management Professionals, Inc. 0.00% No change 9 $2K
Laurel Wealth Advisors LLC 0.00% No change 8 $2K
CoreCap Advisors, LLC 0.00% No change 8 $2K
Avion Wealth 0.00% Add +25.0% 10 $2K
Avior Wealth Management, LLC 0.00% No change 7 $2K
Bogart Wealth, LLC 0.00% No change 6 $2K
True Wealth Design, LLC 0.00% No change 5 $1K
Manchester Capital Management LLC 0.00% No change 5 $1K
NewSquare Capital LLC 0.00% New 5 $1K
Annis Gardner Whiting Capital Advisors, LLC 0.00% No change 4 $1K
Sierra Ocean, LLC 0.00% — 4 $1K
Decker Retirement Planning Inc. 0.00% — 4 $1K
Hexagon Capital Partners LLC 0.00% Add +300.0% 4 $1K
Capital Advisors, Ltd. LLC 0.00% No change 5 $1K
Parkside Financial Bank & Trust 0.00% No change 3 $809
Parkworth Wealth Management, Inc. 0.00% — 3 $808
WealthTrak Capital Management LLC 0.00% — 3 $808
Old Second National Bank of Aurora 0.00% New 3 $808
TFC Financial Management, Inc. 0.00% No change 3 $808
Kayne Anderson Rudnick Investment Management LLC 0.00% Reduce -99.6% 2 $790
Cornerstone Planning Group LLC 0.00% New 2 $576
LRI Investments, LLC 0.00% No change 2 $572
Principia Wealth Advisory, LLC 0.00% — 2 $539
Golden State Wealth Management, LLC 0.00% — 2 $539
Winnacle Wealth LLC 0.00% — 2 $296
West Branch Capital LLC 0.00% No change 1 $270
Activest Wealth Management 0.00% New 1 $269

"% of holder's portfolio" is RS's weight in each manager's 13F, not the share of Reliance Inc. the manager owns.