Bio-TechneTECH

13F holders, Q1 2026 (March 31)
585holders −1
61new positions
61sold out
7famous investors
$52.36avg. 13F price*

At the end of Q1 2026, 585 institutions reported holding Bio-Techne Corp. (TECH) in their 13F filings, down 1 from Q4 2025. 61 opened new positions and 61 sold out. The largest holders were BlackRock, Inc. ($640.9M), Vanguard Capital Management LLC ($532.0M) and Morgan Stanley ($445.9M). 7 famous investors held it, including Lee Ainslie (2.9% of Maverick Capital's portfolio), Ron Baron (0.1% of Baron Capital (BAMCO)'s portfolio) and Steve Cohen (0.0% of Point72 Asset Management's portfolio).

Company
Bio-Techne Corp.
Sector
Health Care
CUSIP
09073M104
Latest filing quarter
Q2 2026

History

Number of 13F holders

0200400600 Q1 2024: 555Q1 2024Q2 2024: 572Q2 2024Q3 2024: 563Q3 2024Q4 2024: 577Q4 2024Q1 2025: 578Q1 2025Q2 2025: 556Q2 2025Q3 2025: 577Q3 2025Q4 2025: 586Q4 2025Q1 2026: 585Q1 2026Q2 2026: 596Q2 2026

Total Exit/New Position Q4 2025 → Q1 2026

InstitutionsTotal Value
New Positions61$175.6M
Exits61$122.4M

All 13F filers, Q4 2025 → Q1 2026: 26,292,871 shares bought and 16,655,857 shares sold, net +9,637,014 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 585 holders

BlackRock, Inc. 0.01% Add +1.1% 12,264,513 $640.9M
Vanguard Capital Management LLC 0.01% — 10,179,709 $532.0M
Morgan Stanley 0.03% Add +2.3% 8,532,873 $445.9M
FMR LLC 0.02% Add +678.4% 7,899,928 $412.9M
Vanguard Portfolio Management LLC 0.02% — 6,480,337 $338.7M
State Street Corp. 0.01% Add +1.0% 5,868,396 $306.7M
Wellington Management Group LLP 0.05% Reduce -10.7% 5,120,185 $267.6M
Geode Capital Management, LLC 0.02% Add +3.7% 5,112,420 $266.8M
Maverick Capital 2.88% Add +23.1% 4,739,721 $247.7M
Invesco Ltd. 0.02% Add +24.7% 4,588,706 $239.8M
Durable Capital Partners LP 2.40% Add +113.3% 4,456,017 $232.9M
Massachusetts Financial Services Co. 0.07% Reduce -7.0% 3,733,248 $197.3M
Ruane, Cunniff & Goldfarb L.P. 2.94% Add +131.4% 3,392,001 $177.3M
Neuberger Berman Group LLC 0.13% Add +6.8% 3,340,837 $174.6M
Capital Research Global Investors 0.03% Add +96.9% 3,188,210 $166.6M
UBS Group AG 0.03% Add +37.3% 3,054,343 $159.6M
Mairs & Power Inc. 1.47% Reduce -0.6% 2,750,282 $143.7M
Alliancebernstein L.P. 0.04% Reduce -6.4% 2,213,197 $130.2M
William Blair Investment Management, LLC 0.43% Add +2.7% 2,462,487 $128.7M
T. Rowe Price Associates Inc. 0.01% Reduce -40.0% 2,447,331 $127.9M
Sumitomo Mitsui Trust Group, Inc. 0.07% Reduce -13.3% 2,054,294 $107.4M
DF Dent & Co. Inc. 2.04% Reduce -21.2% 2,043,047 $106.8M
Dimensional Fund Advisors LP 0.02% Add +10.0% 1,973,136 $103.1M
Goldman Sachs Group Inc. 0.01% Add +14.8% 1,943,534 $101.6M
Snyder Capital Management L P 1.91% Reduce -2.3% 1,882,298 $98.4M
Mackenzie Financial Corp. 0.11% Reduce -26.3% 1,779,636 $93.0M
Bank of New York Mellon Corp 0.02% Reduce -1.8% 1,759,119 $91.9M
Nomura Asset Management International Inc. 0.15% Reduce -2.7% 1,726,907 $90.2M
Ameriprise Financial Inc. 0.02% Reduce -38.9% 1,711,179 $89.4M
American Century Companies Inc. 0.04% Reduce -14.4% 1,650,060 $86.2M
Charles Schwab Investment Management Inc. 0.01% Add +5.0% 1,636,562 $85.5M
Champlain Investment Partners, LLC 0.96% Add +3.6% 1,454,171 $76.0M
Brown Advisory Inc. 0.12% Reduce -6.0% 1,451,048 $75.8M
Northern Trust Corp. 0.01% Reduce -0.6% 1,324,258 $69.2M
First Trust Advisors LP 0.05% Add +2874.9% 1,281,792 $67.0M
Geneva Capital Management LLC 1.38% Add +14.0% 1,243,043 $65.0M
SG Capital Management LLC 5.24% Add +6.0% 1,218,299 $63.7M
Schroder Investment Management Group 0.05% Add +38.6% 1,197,214 $62.3M
T. Rowe Price Investment Management, Inc. 0.04% Add +17.4% 1,150,339 $60.1M
Bank of America Corp. 0.00% Reduce -2.1% 1,113,573 $58.2M
Stephens Investment Management Group LLC 0.79% Reduce -0.5% 1,104,057 $57.7M
Madison Asset Management, LLC 0.71% Reduce -7.5% 1,093,058 $57.1M
Clearbridge Investments, LLC 0.05% Add +8.9% 1,032,948 $54.0M
American Capital Management Inc. 2.87% Add +8.5% 1,021,128 $53.4M
JPMorgan Chase & Co. 0.00% Add +35.0% 1,025,105 $53.3M
Vanguard Fiduciary Trust Co. 0.01% — 880,552 $46.0M
Blair William & Co. 0.13% Add +277.8% 864,329 $45.2M
Westfield Capital Management Co. LP 0.19% Reduce -13.9% 856,043 $44.7M
Freestone Grove Partners LP 0.31% New 820,072 $42.9M
Quantinno Capital Management LP 0.07% Reduce -20.1% 814,322 $42.6M
Royce & Associates LP 0.39% Add +12.0% 759,712 $39.7M
Cresset Asset Management, LLC 0.17% Add +6.6% 739,191 $38.6M
Principal Financial Group Inc. 0.02% Add +4.8% 737,082 $38.5M
Select Equity Group, L.P. 0.20% Reduce -75.0% 709,827 $37.1M
Deutsche Bank AG 0.01% Reduce -3.6% 659,341 $34.5M
Alyeska Investment Group, L.P. 0.10% New 659,049 $34.4M
Weitz Investment Management, Inc. 2.38% Reduce -18.6% 653,200 $34.1M
Raymond James Financial Inc. 0.01% Reduce -13.0% 649,551 $33.9M
Natixis Advisors, LLC 0.05% Reduce -14.0% 648,034 $33.9M
Aristotle Atlantic Partners, LLC 1.50% Reduce -3.8% 612,826 $32.0M
Riverbridge Partners LLC 0.78% Reduce -22.5% 608,916 $31.8M
Jones Financial Companies LLLP 0.02% Add +9963.9% 624,063 $31.8M
Baron Capital (BAMCO) 0.09% Reduce -53.5% 561,441 $29.3M
Royal Bank of Canada 0.01% Reduce -1.1% 551,109 $28.8M
Border to Coast Pensions Partnership Ltd 0.45% Add +100.1% 510,333 $26.8M
Public Employees Retirement Association of Colorado 0.10% No change 507,232 $26.5M
Conestoga Capital Advisors, LLC 0.47% Add +27.3% 451,416 $23.6M
Nuveen, LLC 0.01% Reduce -30.9% 450,286 $23.5M
Sei Investments Co. 0.02% Add +0.2% 447,211 $23.4M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Add +4.0% 439,373 $23.0M
Cramer Rosenthal McGlynn LLC 1.67% Reduce -33.4% 435,633 $22.8M
Segall Bryant & Hamill, LLC 0.32% Reduce -11.8% 428,507 $22.4M
Meridiem Capital Partners LP 1.38% Add +58.1% 402,227 $21.0M
Torque Asset Management LLC 8.09% Add +10.7% 393,572 $20.6M
Pembroke Management, LTD 2.81% Reduce -27.4% 372,325 $19.5M
Arrowstreet Capital, Limited Partnership 0.01% New 366,872 $19.2M
Fort Washington Investment Advisors Inc. 0.10% Add +10.2% 360,913 $18.9M
Envestnet Asset Management Inc. 0.01% Add +27.6% 357,321 $18.7M
Ceredex Value Advisors LLC 0.57% Reduce -49.9% 344,916 $18.0M
Montanaro Asset Management Ltd 5.33% Reduce -1.6% 341,050 $17.8M
Franklin Resources Inc. 0.00% Add +153.9% 335,877 $17.6M
CI Investments Inc. 0.08% Add +3.7% 335,072 $17.5M
Vanguard Global Advisers, LLC 0.01% — 330,500 $17.3M
State Farm Mutual Automobile Insurance Co. 0.01% No change 321,384 $16.8M
Atom Investors LP 1.19% Reduce -9.2% 319,316 $16.7M
Van Eck Associates Corp. 0.01% Add +20.2% 317,198 $16.6M
BI Asset Management Fondsmaeglerselskab A/S 0.17% Reduce -2.3% 316,510 $16.5M
Capital World Investors 0.00% New 309,763 $16.2M
Brown Capital Management LLC 2.30% Reduce -28.9% 309,561 $16.2M
Swiss National Bank 0.01% Add +0.4% 308,300 $16.1M
Federated Hermes, Inc. 0.03% Add +45781.3% 305,111 $15.9M
Thrivent Financial for Lutherans 0.03% Add +12.5% 302,934 $15.8M
BNP Paribas Financial Markets 0.01% Add +3.8% 296,073 $15.5M
Point72 Asset Management 0.03% New 294,958 $15.4M
Lord, Abbett & Co. LLC 0.05% Reduce -2.1% 291,115 $15.2M
Rhumbline Advisers 0.01% Add +3.5% 290,889 $15.2M
Barclays PLC 0.01% Add +0.1% 277,425 $14.5M
California Public Employees Retirement System 0.01% Reduce -0.4% 269,700 $14.1M
Legal & General Group Plc 0.00% Reduce -3.6% 254,331 $13.3M
Summit Creek Advisors LLC 2.64% Reduce -13.0% 245,743 $12.8M
Wells Fargo & Company 0.00% Add +15.5% 243,062 $12.7M
Loomis Sayles & Co. L P 0.02% New 236,142 $12.3M
BLI - Banque de Luxembourg Investments 0.34% No change 198,100 $11.5M
Citigroup Inc. 0.01% Reduce -16.4% 215,960 $11.3M
State of Wisconsin Investment Board 0.03% Reduce -10.9% 208,871 $10.9M
Arvin Capital Management LP 2.50% Reduce -31.8% 204,304 $10.7M
WCM Investment Management, LLC 0.02% Reduce -3.9% 198,544 $10.3M
ArrowMark Colorado Holdings LLC 0.27% Reduce -13.4% 196,936 $10.3M
Impax Asset Management Group plc 0.07% No change 195,000 $10.2M
HSBC Holdings PLC 0.01% Add +6.7% 195,037 $10.2M
Mitsubishi UFJ Asset Management Co., Ltd. 0.01% Add +12.5% 193,215 $10.1M
Glenview Capital Management, LLC 0.26% Reduce -70.0% 186,312 $9.7M
California State Teachers Retirement System 0.01% Add +24.1% 184,164 $9.6M
Nicholas Company, Inc. 0.19% Reduce -53.2% 182,869 $9.6M
Russell Investments Group, Ltd. 0.01% Add +4.5% 181,395 $9.5M
Wilkins Investment Counsel Inc. 1.30% Add +68.6% 174,115 $9.1M
Allspring Global Investments Holdings, LLC 0.01% Add +2020.1% 146,266 $7.8M
US Bancorp \de 0.01% Reduce -5.8% 149,030 $7.8M
VANGUARD ASSET MANAGEMENT, Ltd 0.01% — 148,555 $7.8M
Daiwa Securities Group Inc. 0.02% Add +69.6% 145,000 $7.6M
State Board of Administration of Florida Retirement System 0.01% Reduce -1.2% 144,153 $7.5M
Bank of Montreal 0.00% Reduce -9.3% 143,790 $7.5M
OMERS ADMINISTRATION Corp 0.05% No change 141,443 $7.4M
New York State Teachers Retirement System 0.01% No change 139,468 $7.3M
Dorsey & Whitney Trust CO LLC 0.40% Add +2.0% 138,057 $7.2M
Granite Investment Partners, LLC 0.44% Add +31.3% 137,562 $7.2M
Fifth Third Bancorp 0.01% Add +884.8% 136,521 $7.1M
Grandeur Peak Global Advisors, LLC 1.66% Reduce -14.3% 135,646 $7.1M
Walleye Capital LLC 0.05% Reduce -5.7% 132,407 $6.9M
Kornitzer Capital Management Inc. 0.15% Reduce -28.6% 130,270 $6.8M
Eversept Partners, LP 0.43% Reduce -66.6% 125,896 $6.6M
Cerity Partners LLC 0.01% Add +3.7% 124,355 $6.5M
Voya Investment Management LLC 0.01% Reduce -9.3% 121,945 $6.4M
Jennison Associates LLC 0.00% New 119,213 $6.2M
OneDigital Investment Advisors LLC 0.06% Add +17.9% 118,511 $6.2M
Manufacturers Life Insurance Company, The 0.01% Reduce -26.1% 113,374 $5.9M
Intrinsic Edge Capital Management LLC 1.05% New 110,000 $5.7M
SG Americas Securities, LLC 0.01% Reduce -24.1% 103,634 $5.4M
Fred Alger Management, LLC 0.02% Reduce -11.2% 101,985 $5.3M
Stifel Financial Corp. 0.00% Add +1.0% 98,468 $5.1M
Polar Asset Management Partners Inc. 0.17% New 98,100 $5.1M
PNC Financial Services Group, Inc. 0.00% Add +1.7% 93,722 $4.9M
Marshall Wace, LLP 0.01% Add +406.6% 93,270 $4.9M
S&co Inc. 0.29% No change 90,695 $4.7M
Creative Planning 0.00% Add +79.8% 87,773 $4.6M
Nordea Investment Management AB 0.00% New 84,951 $4.4M
Chevy Chase Trust Holdings, LLC 0.01% Reduce -2.4% 77,075 $4.0M
Prudential Financial Inc. 0.00% Reduce -3.0% 76,069 $4.0M
Alpine Peaks Capital, LP 3.91% Add +43.7% 74,000 $3.9M
Capital Counsel LLC 0.16% No change 73,850 $3.9M
Nisa Investment Advisors, LLC 0.01% Add +4.1% 72,813 $3.8M
Amundi 0.00% Reduce -67.2% 72,315 $3.8M
New York State Common Retirement Fund 0.01% Reduce -0.6% 71,424 $3.7M
Janus Henderson Group PLC 0.00% Reduce -0.6% 68,019 $3.6M
AQR Capital Management 0.00% Add +160.1% 67,854 $3.5M
Adage Capital Partners Gp, L.L.C. 0.01% Reduce -81.9% 67,600 $3.5M
TD Asset Management Inc 0.00% Reduce -46.2% 66,946 $3.5M
Baird Financial Group, Inc. 0.01% Reduce -7.6% 66,869 $3.5M
CIBC Bancorp USA Inc. 0.00% — 66,339 $3.5M
Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% Add +47.1% 66,140 $3.5M
Treasurer of the State of North Carolina 0.01% Add +2.2% 66,121 $3.5M
Two Sigma Investments, LP 0.00% Add +9.6% 66,100 $3.5M
Boothbay Fund Management, LLC 0.08% Add +46.6% 65,210 $3.4M
Police & Firemen's Retirement System of New Jersey 0.03% Reduce -0.1% 65,048 $3.4M
LPL Financial LLC 0.00% Reduce -19.8% 62,470 $3.3M
Bessemer Group Inc. 0.01% Reduce -13.6% 61,962 $3.2M
Tidal Investments LLC 0.01% Add +11.6% 60,566 $3.2M
Mutual of America Capital Management LLC 0.04% Reduce -0.4% 59,861 $3.1M
Hilton Capital Management, LLC 0.23% Add +15.4% 59,288 $3.1M
Twinbeech Capital LP 0.31% New 56,400 $2.9M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Add +4.6% 56,160 $2.9M
Captrust Financial Advisors 0.01% Reduce -0.5% 56,009 $2.9M
Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% Reduce -19.9% 55,697 $2.9M
Palisade Asset Management, LLC 0.29% No change 55,524 $2.9M
State of New Jersey Common Pension Fund D 0.01% No change 54,331 $2.8M
Handelsbanken Fonder AB 0.01% Reduce -24.0% 54,048 $2.8M
Verition Fund Management LLC 0.03% Reduce -43.7% 53,519 $2.8M
Hahn Capital Management LLC 1.72% Reduce -13.0% 52,232 $2.7M
National Philanthropic Trust 0.03% Add +161.0% 51,057 $2.7M
Public Employees Retirement System of Ohio 0.01% Add +4.9% 49,752 $2.6M
National Bank of Canada 0.00% Reduce -24.9% 48,550 $2.5M
Oppenheimer Asset Management Inc. 0.03% Reduce -6.2% 47,921 $2.5M
Henshaw Capital LLC 0.09% Add +31.2% 45,905 $2.4M
CANADA LIFE ASSURANCE Co 0.00% Add +0.1% 45,065 $2.4M
Public Sector Pension Investment Board 0.01% Add +12.3% 44,523 $2.3M
Citadel Advisors 0.00% Reduce -95.0% 43,402 $2.3M
Arizona State Retirement System 0.01% Reduce -2.0% 42,799 $2.2M
Czech National Bank 0.01% Add +3.7% 42,609 $2.2M
Campbell & CO Investment Adviser LLC 0.12% Reduce -35.4% 41,339 $2.2M
State of Michigan Retirement System 0.01% No change 40,744 $2.1M
Curi Capital, LLC 0.04% Reduce -16.1% 40,275 $2.1M
New York Life Investment Management LLC 0.02% Add +16.9% 40,257 $2.1M
Pathstone Holdings, LLC 0.01% Add +0.7% 40,214 $2.1M
Leavell Investment Management, Inc. 0.08% Reduce -1.3% 39,628 $2.1M
Vanguard Investments Australia, Ltd. 0.01% — 38,955 $2.0M
Cetera Investment Advisers 0.00% Add +18.0% 38,797 $2.0M
Federation des caisses Desjardins du Quebec 0.01% Reduce -17.9% 38,673 $2.0M
Covea Finance 0.07% No change 38,300 $2.0M
Bradley Foster & Sargent Inc. 0.03% Reduce -80.5% 38,242 $2.0M
Midwest Financial Partners Investments, Inc. 1.04% Reduce -5.8% 37,613 $2.0M
MetLife Investment Management, LLC 0.01% Reduce -2.2% 36,520 $1.9M
Commonwealth of Pennsylvania Public School Empls Retrmt SYS 0.01% Add +0.6% 36,445 $1.9M
Rowlandmiller & Partners.adv 0.39% Reduce -2.8% 36,320 $1.9M
Susquehanna International Group, LLP 0.00% Reduce -39.7% 36,129 $1.9M
Summit Trail Advisors, LLC 0.03% Add +1.4% 35,002 $1.8M
CIBC Asset Management Inc 0.00% Add +0.7% 34,856 $1.8M
KLP Kapitalforvaltning As 0.01% Add +3.0% 34,300 $1.8M
HB Wealth Management, LLC 0.01% Reduce -14.3% 34,140 $1.8M
Commerce Bank 0.01% Add +2.8% 34,131 $1.8M
Oak Thistle LLC 0.17% Add +102.3% 33,799 $1.8M
Values First Advisors, Inc. 0.92% Reduce -0.7% 33,699 $1.8M
2Xideas AG 0.68% Reduce -4.3% 33,412 $1.7M
Vanguard Personalized Indexing Management, LLC 0.02% Reduce -4.3% 33,344 $1.7M
Retirement Systems of Alabama 0.01% Add +0.2% 33,225 $1.7M
TradeLink Capital LLC 13.12% Reduce -0.9% 20,613 $1.7M
L. Roy Papp & Associates, LLP 0.20% Add +0.0% 32,741 $1.7M
Axq Capital, LP 0.22% New 31,978 $1.7M
Mirae Asset Global Investments Co., Ltd. 0.00% Add +21.0% 31,741 $1.7M
Baader Bank Aktiengesellschaft 0.16% Reduce -65.7% 31,532 $1.6M
Pictet Asset Management Holding SA 0.00% Add +5.7% 31,149 $1.6M
B. Metzler seel. Sohn & Co. AG 0.02% No change 31,091 $1.6M
Amalgamated Bank 0.01% Reduce -3.1% 28,323 $1.5M
UniSuper Management Pty Ltd 0.01% Add +2.1% 28,154 $1.5M
Wilmington Savings Fund Society, FSB 0.03% Add +291.6% 27,470 $1.4M
Sit Investment Associates Inc. 0.03% Add +13.5% 27,125 $1.4M
Generali Investments Towarzystwo Funduszy Inwestycyjnych 0.73% No change 27,000 $1.4M
Gotham Asset Management 0.00% Reduce -54.5% 26,422 $1.4M
Utah Retirement Systems 0.01% No change 25,533 $1.3M
ProShare Advisors LLC 0.00% Reduce -19.3% 24,729 $1.3M
Corient Private Wealth LP 0.00% Reduce -91.0% 25,239 $1.3M
Toronto Dominion Bank 0.00% Reduce -37.3% 24,534 $1.3M
New Age Alpha Advisors, LLC 0.06% Reduce -3.3% 24,510 $1.3M
Vestmark Advisory Solutions, Inc. 0.01% Add +67.2% 24,254 $1.3M
Roberts Glore & Co. Inc. 0.32% Reduce -0.8% 22,236 $1.2M
Pinnacle Financial Partners, Inc. 0.01% Reduce -0.7% 22,229 $1.2M
NEOS Investment Management LLC 0.01% Add +36.7% 22,161 $1.2M
M&T Bank Corp 0.00% Add +10.4% 22,026 $1.2M
Victory Capital Management Inc. 0.00% Reduce -6.8% 21,641 $1.1M
Postrock Partners LLC 0.51% Reduce -0.4% 21,006 $1.1M
Sanchez Wealth Management Group 0.23% No change 20,624 $1.1M
Callan Family Office, LLC 0.02% Add +25.4% 20,483 $1.1M
Envestnet Portfolio Solutions, Inc. 0.01% Reduce -17.3% 20,002 $1.0M
Caprock Group, LLC 0.03% Reduce -39.5% 19,976 $1.0M
Zions Bancorporation, National Association 0.07% Reduce -44.5% 19,621 $1.0M
Choate Investment Advisors 0.02% No change 19,527 $1.0M
Linden Thomas Advisory Services, LLC 0.10% Add +4.2% 18,917 $989K
Rothschild Investment LLC 0.05% Add +0.5% 18,736 $979K
DekaBank Deutsche Girozentrale 0.00% No change 18,187 $966K
Sandler Capital Management 0.64% Add +16.1% 17,936 $937K
Oregon Public Employees Retirement Fund 0.01% Add +0.6% 17,905 $936K
Janney Montgomery Scott LLC 0.00% Add +0.5% 17,863 $934K
Legal Advantage Investments, Inc. 0.47% No change 17,535 $916K
Willis Investment Counsel 0.05% Add +6.7% 17,302 $904K
Verdence Capital Advisors LLC 0.05% Add +70.9% 17,292 $904K
Xponance LLC 0.01% Add +29.4% 16,929 $885K
State of Tennessee, Department of Treasury 0.00% No change 16,925 $885K
Hantz Financial Services, Inc. 0.01% Reduce -6.8% 16,753 $876K
Hills Bank & Trust Co 0.04% Reduce -1.5% 16,670 $871K
Contravisory Investment Management, Inc. 0.17% Add +1189.8% 16,148 $844K
Ashford Capital Management Inc. 0.10% Reduce -57.8% 16,008 $837K
Diversified Trust Co. 0.02% Add +25.2% 15,916 $832K
Signature Wealth Management Group 0.31% New 15,740 $823K
State of Alaska, Department of Revenue 0.01% No change 15,454 $807K
Rakuten Investment Management, Inc. 0.00% Add +10.9% 15,408 $802K
Wealth Enhancement Advisory Services, LLC 0.00% Reduce -29.5% 15,033 $799K
Truist Financial Corp. 0.00% Add +2.8% 15,276 $798K
Yousif Capital Management, LLC 0.01% Reduce -1.2% 15,154 $792K
Teacher Retirement System of Texas 0.00% Reduce -37.9% 14,997 $784K
Berger Financial Group, Inc 0.04% Reduce -14.3% 14,785 $773K
Sepio Capital, LP 0.04% Add +28.4% 14,737 $770K
VCI Wealth Management LLC 0.21% New 14,573 $762K
Schonfeld Strategic Advisors LLC 0.01% Reduce -88.0% 14,197 $742K
Southeast Asset Advisors, LLC 0.08% Reduce -25.8% 13,971 $730K
&partners 0.00% Reduce -12.4% 13,430 $701K
Trust Point Inc. 0.06% Reduce -0.7% 13,338 $697K
Affiance Financial, LLC 0.11% Reduce -11.0% 13,206 $690K
Naples Global Advisors, LLC 0.05% Reduce -10.3% 13,000 $679K
Cwm, LLC 0.00% Add +8.5% 12,591 $658K
Malaga Cove Capital, LLC 0.23% Add +118.7% 12,510 $654K
Azzad Asset Management Inc. 0.07% Reduce -2.1% 12,488 $653K
Teachers Retirement System of the State of Kentucky 0.01% No change 12,449 $650K
QRG Capital Management, Inc. 0.01% Add +0.3% 12,431 $650K
Stephens Inc. 0.01% Add +34.4% 12,422 $649K
Mercer Global Advisors Inc. 0.00% Add +8.0% 12,334 $645K
United Capital Financial Advisors, LLC 0.00% Add +62.5% 12,332 $644K
Rafferty Asset Management, LLC 0.00% Reduce -27.9% 12,092 $632K
Arax Advisory Partners 0.02% Reduce -14.9% 11,543 $603K
Sciencast Management LP 0.08% New 11,472 $600K
Natixis 0.00% New 11,286 $590K
GC Wealth Management RIA, LLC 0.02% Reduce -1.0% 11,084 $579K
Sanctuary Advisors, LLC 0.00% Add +2.8% 11,012 $576K
Silvercrest Asset Management Group LLC 0.00% Reduce -2.9% 11,005 $575K
Commonwealth Equity Services, LLC 0.00% Reduce -21.0% 10,983 $574K
Elo Mutual Pension Insurance Co 0.01% Reduce -40.5% 10,914 $570K
Bank of Nova Scotia 0.00% Reduce -78.3% 10,637 $556K
DNB Asset Management AS 0.00% New 10,367 $542K
Inscription Capital, LLC 0.06% Reduce -42.5% 10,268 $537K
Mangrove Partners Im, LLC 0.04% New 10,243 $535K
Alamea Verwaltungs GmbH 0.39% Add +51.9% 10,101 $528K
Atria Investments, Inc 0.01% Add +13.6% 10,075 $527K
MML Investors Services, LLC 0.00% Reduce -7.5% 10,075 $527K
Swiss Life Asset Management Ltd 0.00% Add +33.9% 10,074 $526K
GAMMA Investing LLC 0.02% Add +48.6% 10,065 $526K
Banco Bilbao Vizcaya Argentaria, S.A. 0.00% Reduce -11.1% 10,116 $526K
Rice Hall James & Associates, LLC 0.03% Reduce -0.8% 10,009 $523K
Graham Capital Management, L.P. 0.02% Reduce -20.3% 9,949 $520K
O'shaughnessy Asset Management, LLC 0.00% Add +19.3% 9,923 $519K
Gagnon Securities LLC 0.12% Add +2.8% 9,879 $516K
Pacer Advisors, Inc. 0.00% Reduce -32.2% 9,864 $515K
Healthcare of Ontario Pension Plan Trust Fund 0.00% Add +59.6% 9,831 $514K
Gateway Investment Advisers LLC 0.01% New 9,712 $508K
Guggenheim Capital LLC 0.00% Reduce -2.3% 9,668 $505K
Regions Financial Corp. 0.00% New 9,643 $504K
Ensign Peak Advisors, Inc 0.00% No change 9,627 $503K
Mizuho Securities USA LLC 0.01% Reduce -16.6% 9,458 $494K
Norinchukin Bank, The 0.01% Reduce -0.6% 9,438 $493K
Harbor Investment Advisory, LLC 0.04% Reduce -16.1% 9,300 $486K
Nicolet Bankshares Inc. 0.02% New 9,036 $483K
Hartford Investment Management Co. 0.01% No change 9,048 $473K
Nano Cap New Millennium Growth Fund L P 0.44% Add +38.5% 9,000 $470K
KBC Group NV 0.00% No change 8,837 $462K
Maryland State Retirement & Pension System 0.01% No change 8,314 $434K
Aberdeen Group plc 0.00% Reduce -47.4% 8,210 $429K
Dundas Partners LLP 0.03% Reduce -18.1% 8,137 $425K
Gibbs Wealth Management 0.06% New 8,131 $425K
Venturi Wealth Management, LLC 0.02% Reduce -13.5% 8,091 $423K
Louisiana State Employees Retirement System 0.01% No change 8,000 $418K
Taproot Management LP 0.08% New 7,995 $418K
Inceptionr LLC 0.10% New 7,832 $409K
Laird Norton Wetherby Trust Company, LLC 0.01% Reduce -1.7% 7,819 $409K
NewEdge Advisors, LLC 0.00% Add +15993.8% 7,725 $404K
Syon Capital LLC 0.02% Reduce -30.7% 7,674 $401K
Sequoia Financial Advisors, LLC 0.00% Reduce -32.7% 7,673 $401K
Kestra Advisory Services, LLC 0.00% Reduce -6.0% 7,480 $391K
Coldstream Capital Management Inc. 0.00% Add +4.2% 7,389 $386K
New Mexico Educational Retirement Board 0.01% No change 7,300 $381K
Fulton Bank, N.A. 0.01% Reduce -0.4% 7,239 $378K
Procyon Advisors, LLC 0.02% Add +56.4% 7,119 $372K
Angeles Wealth Management, LLC 0.02% Add +8.4% 7,080 $370K
Radnor Capital Management, LLC 0.05% Reduce -63.5% 6,890 $360K
Jane Street Group, LLC 0.00% Add +14.3% 6,861 $359K
Private Advisor Group, LLC 0.00% Reduce -2.6% 6,852 $358K
Parsons Capital Management Inc. 0.02% No change 6,852 $358K
Van Strum & Towne Inc. 0.10% No change 6,800 $355K
Panagora Asset Management Inc. 0.00% No change 6,800 $355K
Blalock Williams, LLC 0.27% Reduce -21.8% 6,752 $353K
Stonebridge Capital Advisors LLC 0.02% No change 6,750 $353K
Brown Brothers Harriman & Co. 0.00% Add +297.6% 6,724 $351K
Allstate Corp. 0.00% New 6,554 $343K
Man Group plc 0.00% New 6,540 $342K
Versant Capital Management, Inc 0.03% Reduce -12.0% 6,452 $337K
MUFG Securities EMEA plc 0.01% No change 6,434 $336K
E Fund Management Co., Ltd. 0.01% — 6,433 $336K
Formidable Asset Management, LLC 0.05% Reduce -11.6% 5,466 $321K
Advisory Alpha, LLC 0.01% Add +34.5% 6,142 $321K
Summitry LLC 0.01% Add +17.1% 6,013 $314K
Crossmark Global Holdings, Inc. 0.00% Reduce -43.1% 5,992 $313K
Bridgewater Associates 0.00% New 5,977 $312K
Chicago Partners Investment Group LLC 0.01% Reduce -31.9% 5,203 $305K
Asset Management One Co., Ltd. 0.00% Add +0.0% 5,754 $301K
Edgestream Partners, L.P. 0.01% New 5,588 $292K
Orion Porfolio Solutions, LLC 0.00% Add +12.1% 5,570 $291K
Accredited Investors Inc. 0.02% Reduce -8.4% 5,541 $290K
Brooklyn Investment Group 0.01% Add +30.1% 5,406 $283K
Osaic Holdings, Inc. 0.00% Reduce -36.3% 5,388 $282K
First Citizens Bank & Trust Co. 0.01% Add +5.0% 5,379 $281K
Park Avenue Securities LLC 0.00% Reduce -0.1% 5,283 $276K
V-Square Quantitative Management LLC 0.03% Add +1.0% 5,256 $275K
Cambridge Investment Research Advisors, Inc. 0.00% Reduce -1.2% 5,219 $273K
Evercore Wealth Management, LLC 0.00% Reduce -24.9% 5,207 $272K
Sterling Capital Management LLC 0.01% Reduce -43.4% 5,182 $271K
Ethic Inc. 0.00% Reduce -1.8% 5,164 $270K
Macquarie Group Ltd. 0.00% Reduce -21.4% 5,162 $270K
IMC-Chicago, LLC 0.00% Reduce -66.5% 5,160 $270K
Oppenheimer & Co. Inc. 0.00% Reduce -4.1% 5,132 $268K
Gsa Capital Partners LLP 0.02% New 5,103 $267K
AlphaCore Capital LLC 0.01% New 5,076 $265K
Northwestern Mutual Investment Management Company, LLC 0.00% Add +0.6% 5,006 $262K
Wealthfront Advisers LLC 0.00% Add +8.5% 4,960 $259K
Choreo, LLC 0.00% Reduce -26.4% 4,941 $258K
Meeder Advisory Services, Inc. 0.01% Add +0.7% 4,907 $256K
Connable Office Inc. 0.03% No change 4,892 $256K
Kera Capital Partners, Inc. 0.03% Reduce -25.0% 4,679 $245K
Smartleaf Asset Management LLC 0.01% Add +4.2% 4,639 $241K
Jump Financial, LLC 0.00% New 4,549 $238K
North Dakota State Investment Board 0.01% Reduce -16.1% 4,515 $236K
Norden Group LLC 0.02% Add +16.0% 4,497 $235K
Claret Asset Management Corp 0.03% Add +0.0% 4,415 $231K
Mufg Securities Americas Inc. 0.01% Add +3.1% 4,329 $226K
Empirical Finance, LLC 0.01% Reduce -0.2% 4,289 $224K
Securian Asset Management, Inc. 0.01% No change 4,232 $221K
GF Fund Management Co. LTD. 0.00% No change 4,213 $220K
Squarepoint Ops LLC 0.00% Reduce -93.0% 4,159 $217K
Avior Wealth Management, LLC 0.01% Reduce -27.2% 4,132 $216K
Sumitomo Mitsui DS Asset Management Company, Ltd 0.00% No change 4,106 $215K
Certuity, LLC 0.01% Reduce -27.4% 4,070 $213K
Keybank National Association 0.00% New 4,056 $212K
AdvisorNet Financial, Inc 0.01% Add +8.3% 4,055 $212K
Nomura Asset Management Co. Ltd. 0.00% Add +7.7% 4,040 $211K
HUB Investment Partners, LLC 0.01% Reduce -28.1% 4,023 $210K
Cascade Investment Group, Inc. 0.14% No change 4,000 $209K
Tran Capital Management, L.P. 0.03% No change 4,000 $209K
Rossmore Private Capital 0.02% No change 4,000 $209K
Chicago Capital, LLC 0.01% Reduce -19.2% 4,000 $209K
Bryn Mawr Trust Advisors, LLC 0.01% Add +5.1% 3,986 $208K
CX Institutional 0.01% Reduce -1.1% 3,950 $206K
Baker Avenue Asset Management, LP 0.00% Reduce -36.7% 3,929 $205K
Beese Fulmer Investment Management, Inc. 0.01% Reduce -9.2% 3,921 $205K
Steward Partners Investment Advisory, LLC 0.00% Add +21.1% 3,744 $196K
Parkside Financial Bank & Trust 0.01% Add +1.9% 3,722 $195K
STRS Ohio 0.00% Reduce -0.2% 3,694 $193K
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% Add +26.1% 3,633 $190K
UMB Bank, n.a. 0.00% Add +95.5% 3,473 $181K
Exchange Traded Concepts, LLC 0.00% Add +10.2% 3,386 $177K
Rockefeller Capital Management L.P. 0.00% Add +49.8% 3,271 $171K
Horizon Investments, LLC 0.00% Add +6.6% 2,690 $141K
Tema ETFs LLC 0.01% Add +19.6% 2,673 $140K
Canada Post Corp Registered Pension Plan 0.01% Reduce -33.7% 2,645 $138K
Signaturefd, LLC 0.00% Reduce -11.0% 2,630 $137K
State of Wyoming 0.02% Reduce -6.5% 2,576 $135K
Tower Research Capital LLC (TRC) 0.00% Reduce -16.1% 2,481 $130K
Central Pacific Bank - Trust Division 0.02% Add +6.1% 2,430 $127K
Quadrant Capital Group LLC 0.00% Reduce -5.6% 2,423 $127K
Farther Finance Advisors, LLC 0.00% Add +4.2% 2,359 $126K
Hilltop National Bank 0.03% Add +50.4% 2,163 $113K
Northwestern Mutual Wealth Management Co. 0.00% Add +8.4% 2,158 $113K
Resona Asset Management Co.,Ltd. 0.00% Add +19.4% 2,108 $110K
Parallel Advisors, LLC 0.00% Add +13.2% 1,936 $101K
Harbour Investments, Inc. 0.00% Add +1062.9% 1,756 $92K
Huntington National Bank 0.00% Reduce -6.7% 1,595 $83K
West Financial Advisors, LLC 0.01% No change 1,556 $81K
Eurizon Capital SGR S.p.A. 0.00% No change 1,504 $79K
Pacific Center for Financial Services 0.02% No change 1,476 $77K
SOA Wealth Advisors, LLC. 0.01% No change 1,468 $77K
Ameritas Investment Partners, Inc. 0.00% No change 1,429 $75K
Walleye Trading LLC 0.00% Reduce -73.2% 1,421 $74K
MAI Capital Management 0.00% Add +44.7% 1,357 $71K
Allworth Financial LP 0.00% Add +7.7% 1,308 $68K
Annis Gardner Whiting Capital Advisors, LLC 0.01% Add +8.1% 1,299 $68K
Medallion Wealth Advisors, LLC 0.02% No change 1,200 $63K
Quarry LP 0.01% Add +48.1% 1,200 $63K
Abound Wealth Management 0.01% No change 1,192 $62K
Financial Consulate, Inc. 0.01% Reduce -60.5% 1,174 $61K
Assetmark, Inc. 0.00% Reduce -25.9% 1,140 $60K
Atlantic Union Bankshares Corp 0.00% Add +1.6% 1,117 $58K
Itau Unibanco Holding S.A. 0.00% Add +3.5% 1,044 $55K
Ancora Advisors LLC 0.00% Add +236.9% 1,031 $54K
Whittier Trust Co. of Nevada Inc. 0.00% Add +2.5% 986 $53K
Hoese & Co LLP 0.04% No change 1,000 $52K
Ossiam 0.00% Reduce -23.9% 985 $51K
Basecamp Wealth Advisors LLC 0.01% Reduce -3.0% 960 $50K
Innovative Asset Advisors Group, LLC 0.03% — 882 $46K
Cassaday & Co Wealth Management LLC 0.00% New 700 $37K
MassMutual Private Wealth & Trust, FSB 0.00% Reduce -35.1% 676 $35K
Sound Income Strategies, LLC 0.00% Add +1.4% 657 $35K
Los Angeles Capital Management LLC 0.00% No change 647 $34K
Avalon Trust Co 0.00% No change 596 $31K
Measured Wealth Private Client Group, LLC 0.01% No change 579 $30K
EverSource Wealth Advisors, LLC 0.00% Add +7.8% 540 $28K
Mather Group, Llc. 0.00% New 501 $26K
Ares Financial Consulting, LLC 0.02% Add +333.3% 468 $25K
Financial Network Wealth Advisors LLC 0.03% Add +26.9% 472 $25K
Twin Tree Management, LP 0.01% Reduce -92.6% 468 $24K
Park Place Capital Corp 0.00% No change 468 $24K
IFP Advisors, Inc 0.00% Reduce -26.9% 445 $23K
CYBER HORNET ETFs LLC 0.01% Reduce -5.9% 428 $23K
Millstone Evans Group, LLC 0.01% New 423 $22K
Financial Freedom, LLC 0.01% No change 406 $21K
Owl Creek Wealth Partners LLC 0.01% — 395 $21K
Advisory Services Network, LLC 0.00% New 389 $20K
Quent Capital, LLC 0.00% Add +14.1% 373 $19K
Addison Advisors LLC 0.00% No change 363 $19K
Root Financial Partners, LLC 0.00% Add +34.6% 354 $19K
Strategic Wealth Partners, Ltd. 0.00% No change 351 $18K
SJS Investment Consulting Inc. 0.00% Reduce -56.4% 342 $18K
Global X Japan Co., Ltd. 0.00% Add +104.8% 340 $18K
True Wealth Design, LLC 0.00% Reduce -21.1% 332 $17K
Ballast Advisors LLC 0.01% New 331 $17K
Cromwell Holdings LLC 0.01% Reduce -10.0% 307 $16K
Destiny Wealth Partners, LLC 0.00% New 295 $15K
Horizon Financial Services, LLC 0.01% Add +99.3% 291 $15K
TD Private Client Wealth LLC 0.00% Add +4.8% 284 $15K
Pinnacle Wealth Planning Services, Inc. 0.00% Add +5.8% 220 $11K
Simplex Trading, LLC 0.00% New 219 $11K
Timothy G. Youngquist 2020 Irrevocable Trust 0.01% New 216 $11K
Hazlett, Burt & Watson, Inc. 0.00% No change 215 $11K
CVA Family Office, LLC 0.00% Add +4.0% 183 $10K
Cheviot Value Management, LLC 0.00% No change 172 $9K
LRI Investments, LLC 0.00% Add +170.0% 162 $8K
Manchester Capital Management LLC 0.00% Reduce -13.4% 161 $8K
Meramec Financial Planners, LLC 0.00% No change 136 $8K
American Capital Advisory, LLC 0.00% Add +6.1% 156 $8K
Blue Trust, Inc. 0.00% Reduce -68.7% 156 $8K
J.Safra Asset Management Corp 0.00% New 155 $8K
Bayforest Capital Ltd 0.01% Add +340.0% 154 $8K
Covestor Ltd 0.01% Reduce -45.9% 151 $8K
Smithfield Trust Co 0.00% No change 148 $8K
GW&K Investment Management, LLC 0.00% Reduce -6.3% 150 $8K
Fortitude Family Office, LLC 0.00% Reduce -42.8% 147 $8K
Beacon Investment Advisory Services, Inc. 0.00% New 140 $7K
Private Wealth Management Group, LLC 0.00% Reduce -11.8% 134 $7K
Spire Wealth Management 0.00% Reduce -3.0% 130 $7K
E Fund Management (Hong Kong) Co., Ltd. 0.00% New 124 $6K
MCF Advisors LLC 0.00% New 103 $5K
Whittier Trust Co. 0.00% Reduce -56.1% 100 $5K
Danske Bank A/S 0.00% Reduce -80.0% 100 $5K
Cornerstone Planning Group LLC 0.00% Add +16.0% 87 $5K
Red Tortoise LLC 0.00% No change 88 $5K
Richardson Capital Management LLC 0.00% New 85 $4K
Sachetta, LLC 0.00% No change 81 $4K
MV Capital Management, Inc. 0.00% Add +1.3% 78 $4K
Twin Peaks Wealth Advisors, LLC 0.00% New 78 $4K
Oakworth Capital, Inc. 0.00% No change 74 $4K
SBI Securities Co., Ltd. 0.00% Reduce -11.9% 74 $4K
Truvestments Capital LLC 0.00% No change 71 $4K
Salomon & Ludwin, LLC 0.00% Reduce -72.2% 69 $4K
PFS Partners, LLC 0.00% No change 67 $3K
Larson Financial Group LLC 0.00% Reduce -23.5% 65 $3K
ROSS\JOHNSON & Associates LLC 0.06% No change 63 $3K
First Horizon Corp. 0.00% Reduce -23.5% 62 $3K
MidFirst Bank 0.00% Reduce -98.4% 61 $3K
Physician Wealth Advisors, Inc. 0.00% Add +93.3% 58 $3K
Frazier Financial Advisors, LLC 0.00% No change 52 $3K
SRH Advisors, LLC 0.00% No change 52 $3K
Bartlett & Co. Wealth Management LLC 0.00% No change 49 $3K
SouthState Bank Corp 0.00% Reduce -25.0% 45 $2K
Elevation Wealth Partners, LLC 0.00% Add +25.7% 44 $2K
Colonial Trust Co / SC 0.00% No change 43 $2K
Prestige Wealth Management Group LLC 0.00% No change 42 $2K
First Pacific Financial 0.00% No change 41 $2K
Bell Investment Advisors, Inc 0.00% Reduce -18.0% 41 $2K
JFS Wealth Advisors, LLC 0.00% Reduce -21.6% 40 $2K
Nvwm, LLC 0.00% Add +33.3% 40 $2K
Avion Wealth 0.00% Reduce -63.1% 41 $2K
Keating Financial Advisory Services, Inc. 0.00% Reduce -41.5% 38 $2K
CoreCap Advisors, LLC 0.00% Reduce -40.6% 38 $2K
Bogart Wealth, LLC 0.00% Add +260.0% 36 $2K
Raffa Wealth Management, LLC 0.00% Add +9.4% 35 $2K
Eastern Bank 0.00% No change 35 $2K
RMG Wealth Management LLC 0.00% New 38 $2K
Hughes Financial Services, LLC 0.00% Reduce -17.9% 32 $2K
Rachor Investment Advisory Services, LLC 0.00% No change 31 $2K
Signature Equity Partners, LLC 0.00% No change 30 $2K
Kilter Group LLC 0.00% Reduce -50.0% 30 $2K
Montag A & Associates Inc. 0.00% No change 28 $1K
Retirement Wealth Solutions LLC 0.00% No change 28 $1K
Washington Trust Advisors, Inc. 0.00% Reduce -77.7% 27 $1K
Clearstead Advisors, LLC 0.00% Add +125.0% 27 $1K
Summit Securities Group LLC 0.00% Reduce -88.8% 26 $1K
Caitong International Asset Management Co., Ltd 0.00% New 26 $1K
Bay Harbor Wealth Management, LLC 0.00% Add +116.7% 26 $1K
Portus Wealth Advisors, LLC 0.00% New 25 $1K
Ascentis Independent Advisors 0.00% New 25 $1K
Asset Dedication, LLC 0.00% No change 24 $1K
Advocate Investing Services LLC 0.00% No change 24 $1K
Synergy Investment Management, LLC 0.00% New 21 $1K
Principia Wealth Advisory, LLC 0.00% Add +66.7% 20 $1K
IAG Wealth Partners, LLC 0.00% No change 20 $1K
Thurston, Springer, Miller, Herd & Titak, Inc. 0.00% No change 20 $1K
Albion Financial Group 0.00% New 18 $941
CENTRAL TRUST Co 0.00% New 18 $941
Intentional Wealth Strategies, LLC 0.00% — 17 $888
Sunrise Financial Services, LLC 0.00% No change 17 $888
Rialto Wealth Management, LLC 0.00% Reduce -15.8% 16 $837
DiNuzzo Private Wealth, Inc. 0.00% No change 16 $837
Essential Partners LLC 0.00% New 14 $732
Clayton Financial Group LLC 0.00% No change 10 $523
Highline Wealth Partners LLC 0.00% New 10 $523
Transamerica Financial Advisors, LLC 0.00% Reduce -9.1% 10 $522
HFM Investment Advisors, LLC 0.00% Add +50.0% 9 $470
SHP Wealth Management 0.00% New 9 $470
Rossby Financial, LCC 0.00% Add +250.0% 7 $374
Quaker Wealth Management, LLC 0.00% Reduce -30.0% 7 $366
WestEnd Advisors, LLC 0.00% No change 7 $366
Vermillion Wealth Management, Inc. 0.00% New 6 $314
Leonteq Securities AG 0.00% No change 6 $314
Dunhill Financial, LLC 0.00% Reduce -37.5% 5 $307
Three Bearings Fiduciary Advisors, Inc. 0.00% No change 5 $262
Creative Financial Designs Inc. 0.00% No change 5 $261
Trust Co. of Toledo NA 0.00% New 5 $261
Bruce G. Allen Investments, LLC 0.00% No change 4 $209
Whipplewood Advisors, LLC 0.00% New 4 $209
3 Factor Indexing, LLC 0.00% — 3 $157
Curio Wealth, LLC 0.00% New 1 $52
Capital Advisors, Ltd. LLC 0.00% New 2 $0

"% of holder's portfolio" is TECH's weight in each manager's 13F, not the share of Bio-Techne Corp. the manager owns.