United Airlines Holdings, Inc. (UAL) is held by institutional investors who disclose positions via SEC 13F filings. View the full list of institutional holders on HoldingsIntel.

Are institutions buying or selling UAL?

HoldingsIntel tracks quarter-over-quarter changes in institutional positions for United Airlines Holdings, Inc., showing new buyers, position increases, decreases, and exits with conviction-weighted sentiment.

What is the Smart Money Verdict on UAL?

The Smart Money Verdict combines four independent signals (institutional 13F activity, insider trades, activist filings, and congressional trades) into a single assessment for United Airlines Holdings, Inc..

Is institutional money flowing into UAL?

308 institutional investors hold United Airlines Holdings, Inc. (UAL). View detailed buyer/seller breakdown on HoldingsIntel.

What do hedge funds think about UAL?

Track institutional sentiment and conviction scores for United Airlines Holdings, Inc. (UAL) including Smart Money Verdict and position changes on HoldingsIntel.

United Airlines Holdings, Inc.

UAL·910047109·US·equity·Industrials - Airlines-13D/G

UAL (United Airlines Holdings, Inc.) is held by 308 institutional investors as of Q4 2025. Largest holders: VANGUARD GROUP INC ($4.2B), BlackRock, Inc. ($2.4B), Capital International Investors ($2B). Net institutional sentiment: Mixed.

308

Holders

Avg rating(24 Elite)

$28.4B

Total Value

57% (316)

Fund Consensus

177 buying - 133 selling

Smart Money VerdictView all

44Weak MomentumSplit Signals

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See how UAL's score breaks down across 4 SEC sources

Held by 308 funds

24 elite

Who's Trading

ActivistThe Vanguard Group0.0%Mar 27, 2026

13F: Dec 31, 2025Insider & Congress: Updated regularly

CongressGilbert CisnerosBuy $1,001 - $15,000Dec 19, 2025

InsiderGebo KateSell $2.9MAug 12, 2025

InsiderHarford BarneySell $1.4MAug 8, 2025

InsiderLeskinen Michael D.Sell $2.1MJul 28, 2025

InsiderFreyre MichelleSell $83KJul 28, 2025

Fund	Action	Shares	Value	Weight	Est. P&L	Conviction
VANGUARD GROUP INC	Increased	37.4M(+0.1%)	$4.2B	0.1%	—	32
BlackRock, Inc.	Increased	21.4M(+4.8%)	$2.4B	0.0%	—	33
Capital International Investors	Decreased	18.2M(-17.3%)	$2B	0.3%	—	0
FMR LLC	Increased	16.4M(+12.8%)	$1.8B	0.1%	—	36
PRIMECAP MANAGEMENT CO/CA/	Decreased	16M(-11.3%)	$1.8B	1.4%	—	0
Sanders Capital, LLC	Increased	15.2M(+2.8%)	$1.7B	2.0%	—	53
STATE STREET CORP	Increased	11.5M(+0.5%)	$1.3B	0.0%	—	32
GEODE CAPITAL MANAGEMENT, LLC	Increased	9M(+0.8%)	$1B	0.1%	—	32
Capital World Investors	Increased	7.3M(+0.3%)	$812.4M	0.1%	—	38
DIMENSIONAL FUND ADVISORS LP	Increased	5.5M(+0.3%)	$612.1M	0.1%	—	38
CITADEL ADVISORS LLC	Increased	4.4M(+1.4%)	$492.2M	0.1%	—	32
Invesco Ltd.	Decreased	3.8M(-3.6%)	$430.2M	0.1%	—	0
MORGAN STANLEY	Decreased	3.6M(-1.6%)	$400.3M	0.0%	—	0
Newport Trust Company, LLC	Decreased	3.3M(-1.9%)	$365.3M	0.9%	—	0
BARCLAYS PLC	Increased	3.1M(+25.5%)	$345.2M	0.1%	—	38
GOLDMAN SACHS GROUP INC	Decreased	3M(-16.1%)	$331.6M	0.0%	—	0
AQR CAPITAL MANAGEMENT LLC	Increased	2.9M(+56.8%)	$325.5M	0.2%	—	53
SRS Investment Management, LLC	Increased	2.9M(+0.1%)	$324.7M	3.4%	—	58
UBS Group AG	Decreased	2.9M(-27.2%)	$320.5M	0.1%	—	0
Pacer Advisors, Inc.	Decreased	2.7M(-18.6%)	$305.3M	0.8%	—	0
NORTHERN TRUST CORP	Decreased	2.5M(-3.0%)	$275.2M	0.0%	—	0
Boston Partners	Decreased	2.3M(-3.7%)	$262.5M	0.3%	—	0
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	Decreased	2.1M(-0.1%)	$230.8M	0.0%	—	0
Allianz Asset Management GmbH	Increased	2M(+34.0%)	$219M	0.2%	—	47
Point72 Asset Management, L.P.	Increased	1.8M(+180.8%)	$200.3M	0.2%	—	59
JPMORGAN CHASE & CO	Increased	1.7M(+6.7%)	$194.5M	0.0%	—	33
JANE STREET GROUP, LLC	Increased	1.7M(+156.5%)	$193M	0.0%	—	49
AMERIPRISE FINANCIAL INC	Decreased	1.6M(-3.6%)	$184.2M	0.0%	—	0
Qube Research & Technologies Ltd	Increased	1.6M(+42.0%)	$178.4M	0.2%	—	49
ASSETMARK, INC	Decreased	1.6M(-3.6%)	$178.3M	0.4%	—	0
Nuveen, LLC	Increased	1.5M(+90.5%)	$170.9M	0.0%	—	48
BANK OF AMERICA CORP /DE/	Increased	1.5M(+6.5%)	$164.6M	0.0%	—	32
Bank of New York Mellon Corp	Decreased	1.4M(-3.2%)	$153.3M	0.0%	—	0
TWO SIGMA INVESTMENTS, LP	Increased	1.3M(+3647.3%)	$150M	0.2%	—	58
DEUTSCHE BANK AG\	Increased	1.3M(+47.9%)	$141.4M	0.0%	—	42
ALLIANCEBERNSTEIN L.P.	Increased	1.1M(+128.6%)	$126.7M	0.0%	—	49
AMERICAN CENTURY COMPANIES INC	Increased	1.1M(+5.5%)	$123.7M	0.1%	—	32
Russell Investments Group, Ltd.	Increased	992,493(+9.2%)	$111M	0.1%	—	39
LOS ANGELES CAPITAL MANAGEMENT LLC	Increased	1M(+47.8%)	$97.6M	0.3%	—	49
MILLENNIUM MANAGEMENT LLC	Increased	816,329(+32.6%)	$91.3M	0.0%	—	38
MARSHALL WACE, LLP	Decreased	811,277(-15.5%)	$90.7M	0.1%	—	0
Legal & General Group Plc	Decreased	782,093(-7.0%)	$87.5M	0.0%	—	0
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	Increased	777,968(+10.1%)	$87M	0.0%	—	33
HSBC HOLDINGS PLC	Decreased	766,076(-23.2%)	$85.7M	0.0%	—	0
TWO SIGMA ADVISERS, LP	New	748,600	$83.7M	0.2%	—	49
Amundi	Decreased	730,040(-26.9%)	$81.6M	0.0%	—	0
Alyeska Investment Group, L.P.	Increased	701,700(+52.1%)	$78.5M	0.2%	—	50
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM	Decreased	699,334(-1.0%)	$78.2M	0.0%	—	0
FEDERATED HERMES, INC.	Decreased	624,820(-4.9%)	$69.9M	0.1%	—	0
Quantinno Capital Management LP	Increased	614,367(+54.9%)	$68.7M	0.1%	—	50
FRANKLIN RESOURCES INC	Decreased	572,182(-18.6%)	$64M	0.0%	—	0
Skandinaviska Enskilda Banken AB (publ)	Increased	566,532(+1062.9%)	$63.4M	0.3%	—	57
SUSQUEHANNA INTERNATIONAL GROUP, LLP	Decreased	555,017(-46.0%)	$62.1M	0.0%	—	0
RHUMBLINE ADVISERS	Increased	543,027(+0.2%)	$60.7M	0.0%	—	29
GLENVIEW CAPITAL MANAGEMENT, LLC	Decreased	511,281(-12.2%)	$57.2M	1.2%	—	0
CITIGROUP INC	Increased	477,305(+11.3%)	$53.4M	0.0%	—	33
WELLS FARGO & COMPANY/MN	Increased	460,988(+2.5%)	$51.5M	0.0%	—	30
Schonfeld Strategic Advisors LLC	Increased	457,972(+685.3%)	$51.2M	0.2%	—	57
Mitsubishi UFJ Asset Management Co., Ltd.	Increased	447,645(+6.9%)	$50.6M	0.0%	—	31
Squarepoint Ops LLC	Increased	430,160(+251.5%)	$48.1M	0.1%	—	47
Allspring Global Investments Holdings, LLC	Increased	421,000(+3.4%)	$47.6M	0.1%	—	30
Hudson Bay Capital Management LP	Decreased	419,169(-1.5%)	$46.9M	0.2%	—	0
BNP PARIBAS FINANCIAL MARKETS	Increased	390,668(+56.8%)	$43.7M	0.0%	—	41
VOLORIDGE INVESTMENT MANAGEMENT, LLC	Increased	379,065(+1541.1%)	$42.4M	0.1%	—	56
SEI INVESTMENTS CO	Decreased	376,587(-14.2%)	$42.1M	0.0%	—	0
ROYAL BANK OF CANADA	Decreased	376,536(-59.2%)	$42.1M	0.0%	—	0
VICTORY CAPITAL MANAGEMENT INC	Increased	369,193(+18.8%)	$41.3M	0.0%	—	34
Assenagon Asset Management S.A.	Decreased	367,104(-61.9%)	$41M	0.1%	—	0
PRINCIPAL FINANCIAL GROUP INC	Increased	359,837(+2.5%)	$40.2M	0.0%	—	30
Walleye Capital LLC	Increased	342,418(+17.6%)	$38.3M	0.1%	—	41
Engineers Gate Manager LP	Increased	336,906(+405.4%)	$37.7M	0.4%	—	56
Quadrature Capital Ltd	New	305,389	$34.1M	0.3%	—	48
D. E. Shaw & Co., Inc.	Increased	296,557(+353.9%)	$33.2M	0.0%	—	47
MERCER GLOBAL ADVISORS INC /ADV	Decreased	287,550(-4.0%)	$32.2M	0.0%	—	0
FIRST TRUST ADVISORS LP	Increased	272,811(+6.8%)	$30.5M	0.0%	—	31
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	Decreased	270,385(-1.6%)	$30.2M	0.1%	—	0
Calamos Advisors LLC	Decreased	268,430(-15.5%)	$30M	0.1%	—	0
RAYMOND JAMES FINANCIAL INC	Increased	265,544(+0.7%)	$29.7M	0.0%	—	29
STRS OHIO	Increased	251,597(+15.5%)	$28.1M	0.1%	—	40
BANK OF MONTREAL /CAN/	Increased	241,058(+20.1%)	$27M	0.0%	—	34
VOYA INVESTMENT MANAGEMENT LLC	Increased	231,593(+100.4%)	$25.9M	0.0%	—	46
Brandywine Global Investment Management, LLC	Decreased	227,008(-1.0%)	$25.4M	0.2%	—	0
ENVESTNET ASSET MANAGEMENT INC	Decreased	226,583(-14.4%)	$25.3M	0.0%	—	0
Swiss National Bank	Decreased	222,400(-5.5%)	$24.9M	0.0%	—	0
LPL Financial LLC	Decreased	220,365(-14.4%)	$24.6M	0.0%	—	0
Grantham, Mayo, Van Otterloo & Co. LLC	Increased	209,658(+0.9%)	$23.4M	0.1%	—	29
Sumitomo Mitsui Trust Group, Inc.	Decreased	198,800(-2.8%)	$22.2M	0.0%	—	0
PRUDENTIAL FINANCIAL INC	Decreased	185,976(-10.4%)	$20.8M	0.0%	—	0
MANUFACTURERS LIFE INSURANCE COMPANY, THE	Decreased	184,268(-1.8%)	$20.6M	0.0%	—	0
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	Increased	180,316(+1.1%)	$20.2M	0.0%	—	29
Woodline Partners LP	Increased	176,308(+32.4%)	$19.7M	0.1%	—	36
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	Decreased	174,687(-4.2%)	$19.5M	0.1%	—	0
Verition Fund Management LLC	Increased	172,563(+202.9%)	$19.3M	0.1%	—	46
PINEBRIDGE INVESTMENTS LLC	New	169,560	$19M	0.1%	—	47
Chevy Chase Trust Holdings, LLC	Decreased	164,135(-0.7%)	$18.4M	0.0%	—	0
AustralianSuper Pty Ltd	Decreased	164,080(-44.4%)	$18.3M	0.1%	—	0
IEQ CAPITAL, LLC	Increased	162,623(+94.2%)	$18.2M	0.1%	—	45
O'SHAUGHNESSY ASSET MANAGEMENT, LLC	Increased	160,356(+12.2%)	$17.9M	0.1%	—	32
State of Tennessee, Department of Treasury	Increased	171,390(+25.4%)	$17.5M	0.1%	—	35
KLP KAPITALFORVALTNING AS	Decreased	153,900(-5.1%)	$17.2M	0.1%	—	0
Universal- Beteiligungs- und Servicegesellschaft mbH	Decreased	153,061(-1.4%)	$17.1M	0.0%	—	0
ADAGE CAPITAL PARTNERS GP, L.L.C.	Decreased	152,309(-69.5%)	$17M	0.0%	—	0
Creative Planning	Increased	144,406(+18.0%)	$16.1M	0.0%	—	33
NATIONAL BANK OF CANADA /FI/	Increased	141,940(+45.6%)	$15.9M	0.0%	—	38
Walleye Trading LLC	Decreased	138,422(-23.0%)	$15.5M	0.0%	—	0
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.	New	137,740	$15.4M	0.0%	—	39
NEW YORK STATE COMMON RETIREMENT FUND	Decreased	135,272(-28.2%)	$15.1M	0.0%	—	0
Swedbank AB	Increased	127,807(+47.0%)	$14.3M	0.0%	—	38
Gotham Asset Management, LLC	Decreased	124,814(-12.3%)	$14M	0.1%	—	0
Trexquant Investment LP	Decreased	122,463(-64.2%)	$13.7M	0.1%	—	0
MACKENZIE FINANCIAL CORP	Decreased	121,143(-54.2%)	$13.5M	0.0%	—	0
Empowered Funds, LLC	Increased	118,452(+28.7%)	$13.2M	0.1%	—	42
Korea Investment CORP	Increased	118,038(+342.0%)	$13.2M	0.0%	—	45
CAPITAL FUND MANAGEMENT S.A.	Increased	117,780(+249.4%)	$13.2M	0.0%	—	45
MACQUARIE GROUP LTD	Decreased	117,369(-17.9%)	$13.1M	0.1%	—	0
Mariner, LLC	Increased	112,346(+55.2%)	$12.6M	0.0%	—	39
Cerity Partners LLC	Increased	111,924(+65.8%)	$12.5M	0.0%	—	41
TD ASSET MANAGEMENT INC	Decreased	111,877(-26.2%)	$12.5M	0.0%	—	0
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	Decreased	111,857(-1.3%)	$12.5M	0.0%	—	0
CIBC WORLD MARKET INC.	Decreased	110,325(-25.2%)	$12.3M	0.0%	—	0
VIRGINIA RETIREMENT SYSTEMS ET Al	Unchanged	108,000	$12.1M	0.1%	—	0
WELLINGTON MANAGEMENT GROUP LLP	Increased	105,383(+22.4%)	$11.8M	0.0%	—	34
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC	Increased	104,376(+118.8%)	$11.7M	0.0%	—	45
CREDIT AGRICOLE S A	Increased	103,807(+437.6%)	$11.6M	0.0%	—	45
NOMURA HOLDINGS INC	Increased	101,614(+58.3%)	$11.4M	0.0%	—	40
Wealthfront Advisers LLC	Decreased	100,722(-6.6%)	$11.3M	0.0%	—	0
FRED ALGER MANAGEMENT, LLC	Decreased	98,634(-79.4%)	$11M	0.0%	—	0
Envestnet Portfolio Solutions, Inc.	Decreased	97,307(-0.1%)	$10.9M	0.0%	—	0
Caption Management, LLC	Increased	96,800(+10.4%)	$10.8M	0.1%	—	31
Parallax Volatility Advisers, L.P.	Decreased	95,292(-51.5%)	$10.7M	0.0%	—	0
Cetera Investment Advisers	Increased	94,362(+2.4%)	$10.6M	0.0%	—	28
ExodusPoint Capital Management, LP	Decreased	93,286(-47.4%)	$10.4M	0.1%	—	0
Corient Private Wealth LLC	Increased	193,974(+109.7%)	$10.4M	0.0%	—	45
Ensign Peak Advisors, Inc	Decreased	93,075(-55.9%)	$10.4M	0.0%	—	0
STATE OF MICHIGAN RETIREMENT SYSTEM	Decreased	90,028(-0.2%)	$10.1M	0.0%	—	0
QRG CAPITAL MANAGEMENT, INC.	Increased	86,751(+8.2%)	$9.7M	0.1%	—	36
Czech National Bank	Increased	85,365(+3.8%)	$9.5M	0.1%	—	29
SIMPLEX TRADING, LLC	New	85,296	$9.5M	0.0%	—	38
Baird Financial Group, Inc.	Increased	81,209(+75.0%)	$9.1M	0.0%	—	42
1832 Asset Management L.P.	Increased	79,946(+892.4%)	$8.9M	0.0%	—	44
Freestone Grove Partners LP	Decreased	78,314(-89.9%)	$8.8M	0.1%	—	0
MetLife Investment Management, LLC	Decreased	77,632(-3.4%)	$8.7M	0.0%	—	0
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS	Decreased	75,303(-3.1%)	$8.4M	0.0%	—	0
Aberdeen Group plc	Decreased	73,778(-0.6%)	$8.2M	0.0%	—	0
CIBC Asset Management Inc	Increased	73,139(+59.1%)	$8.2M	0.0%	—	39
PUBLIC SECTOR PENSION INVESTMENT BOARD	Increased	72,326(+22.0%)	$8.1M	0.0%	—	33
TORONTO DOMINION BANK	Decreased	69,754(-13.5%)	$7.8M	0.0%	—	0
Retirement Systems of Alabama	Decreased	68,871(-0.3%)	$7.7M	0.0%	—	0
Vanguard Personalized Indexing Management, LLC	Increased	64,953(+4.8%)	$7.3M	0.1%	—	29
ProShare Advisors LLC	Increased	64,673(+8.9%)	$7.2M	0.0%	—	30
AVIVA PLC	Increased	64,516(+1.3%)	$7.2M	0.0%	—	28
XPONANCE LLC	Increased	62,701(+14.7%)	$7M	0.1%	—	31
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	Increased	57,379(+35.3%)	$6.8M	0.0%	—	35
STATE OF WISCONSIN INVESTMENT BOARD	Decreased	59,625(-44.5%)	$6.7M	0.0%	—	0
CANADA PENSION PLAN INVESTMENT BOARD	Increased	56,712(+67.6%)	$6.3M	0.0%	—	40
Sanctuary Advisors, LLC	Increased	55,891(+7.9%)	$6.2M	0.0%	—	29
Brevan Howard Capital Management LP	Increased	54,389(+46.9%)	$6.1M	0.1%	—	37
Focus Partners Wealth	Increased	57,056(+61.3%)	$6M	0.0%	—	39
Mirae Asset Global Investments Co., Ltd.	Increased	53,615(+20.6%)	$6M	0.0%	—	32
IMC-Chicago, LLC	New	53,200	$5.9M	0.0%	—	38
Zurcher Kantonalbank (Zurich Cantonalbank)	Increased	52,433(+7.0%)	$5.9M	0.0%	—	29
USS Investment Management Ltd	Decreased	51,761(-0.3%)	$5.8M	0.0%	—	0
PNC FINANCIAL SERVICES GROUP, INC.	Increased	51,751(+6.5%)	$5.8M	0.0%	—	29
Police & Firemen's Retirement System of New Jersey	Decreased	50,035(-4.7%)	$5.6M	0.0%	—	0
COMERICA BANK	Decreased	48,178(-14.9%)	$5.4M	0.0%	—	0
COMMONWEALTH EQUITY SERVICES, LLC	Decreased	48,121(-7.4%)	$5.4M	0.0%	—	0
NEOS Investment Management LLC	Increased	46,163(+19.2%)	$5.2M	0.0%	—	32
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	Increased	45,562(+4.2%)	$5.1M	0.0%	—	28
Pictet Asset Management Holding SA	Increased	44,995(+0.3%)	$5M	0.0%	—	27
NEW YORK LIFE INVESTMENT MANAGEMENT LLC	Increased	43,794(+0.4%)	$4.9M	0.0%	—	27
Robeco Institutional Asset Management B.V.	Decreased	43,491(-52.9%)	$4.9M	0.0%	—	0
Asset Management One Co., Ltd.	Decreased	43,536(-1.2%)	$4.9M	0.0%	—	0
MML INVESTORS SERVICES, LLC	Decreased	42,917(-38.1%)	$4.8M	0.0%	—	0
STIFEL FINANCIAL CORP	Decreased	42,142(-2.9%)	$4.7M	0.0%	—	0
Mitsubishi UFJ Trust & Banking Corp	Decreased	40,095(-52.4%)	$4.5M	0.0%	—	0
Rafferty Asset Management, LLC	Increased	39,305(+2.0%)	$4.4M	0.0%	—	27
Connor, Clark & Lunn Investment Management Ltd.	New	39,283	$4.4M	0.0%	—	37
Vident Advisory, LLC	Decreased	38,376(-31.1%)	$4.3M	0.0%	—	0
PANAGORA ASSET MANAGEMENT INC	Increased	38,316(+140.8%)	$4.3M	0.0%	—	43
MOORE CAPITAL MANAGEMENT, LP	New	37,813	$4.2M	0.1%	—	37
Rockefeller Capital Management L.P.	Decreased	37,385(-7.0%)	$4.2M	0.0%	—	0
CIBC WORLD MARKETS CORP	Increased	36,610(+18.5%)	$4.1M	0.0%	—	31
OSAIC HOLDINGS, INC.	Decreased	35,680(-75.2%)	$4M	0.0%	—	0
CAPTRUST FINANCIAL ADVISORS	Increased	35,485(+33.3%)	$4M	0.0%	—	34
NOMURA ASSET MANAGEMENT CO LTD	Increased	35,227(+0.9%)	$3.9M	0.0%	—	27
MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC	Decreased	34,771(-0.9%)	$3.9M	0.0%	—	0
APG Asset Management N.V.	Decreased	40,089(-10.7%)	$3.8M	0.0%	—	0
M&T BANK CORP	Decreased	10,660(-19.3%)	$3.7M	0.0%	—	0
YOUSIF CAPITAL MANAGEMENT, LLC	Decreased	33,484(-20.2%)	$3.6M	0.0%	—	0
Rakuten Investment Management, Inc.	Decreased	32,302(-70.3%)	$3.6M	0.0%	—	0
Neuberger Berman Group LLC	Increased	30,762(+10.5%)	$3.4M	0.0%	—	29
BANK OF NOVA SCOTIA	Decreased	28,607(-58.3%)	$3.2M	0.0%	—	0
Swiss Life Asset Management Ltd	Decreased	28,231(-50.8%)	$3.2M	0.0%	—	0
State of New Jersey Common Pension Fund D	Increased	28,129(+14.7%)	$3.1M	0.0%	—	30
UniSuper Management Pty Ltd	Decreased	28,116(-8.3%)	$3.1M	0.0%	—	0
BANCO BILBAO VIZCAYA ARGENTARIA, S.A.	Increased	28,018(+172.7%)	$3.1M	0.0%	—	43
Resona Asset Management Co.,Ltd.	Increased	27,744(+1.2%)	$3.1M	0.0%	—	27
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	Decreased	26,854(-5.5%)	$3M	0.0%	—	0
TUDOR INVESTMENT CORP ET AL	New	25,795	$2.9M	0.0%	—	36
Pathstone Holdings, LLC	Increased	25,730(+4.4%)	$2.9M	0.0%	—	28
NISA INVESTMENT ADVISORS, LLC	Increased	24,809(+3.7%)	$2.8M	0.0%	—	27
Federation des caisses Desjardins du Quebec	Decreased	24,700(-10.4%)	$2.8M	0.0%	—	0
HighTower Advisors, LLC	Increased	24,594(+5.1%)	$2.8M	0.0%	—	28
TRUIST FINANCIAL CORP	Decreased	24,382(-23.2%)	$2.7M	0.0%	—	0
NewEdge Advisors, LLC	Increased	23,389(+35.7%)	$2.6M	0.0%	—	34
Phoenix Financial Ltd.	Increased	23,183(+129.6%)	$2.6M	0.0%	—	42
Kestra Advisory Services, LLC	Increased	23,134(+26.8%)	$2.6M	0.0%	—	32
Arizona State Retirement System	Decreased	22,269(-8.0%)	$2.5M	0.0%	—	0
ROYAL LONDON ASSET MANAGEMENT LTD	Increased	21,327(+5.1%)	$2.4M	0.0%	—	27
MAVERICK CAPITAL LTD	New	20,942	$2.3M	0.0%	—	36
BLAIR WILLIAM & CO/IL	Increased	20,458(+4.7%)	$2.3M	0.0%	—	27
Capula Management Ltd	Increased	19,748(+21.6%)	$2.2M	0.0%	—	31
Jefferies Financial Group Inc.	Increased	19,657(+2388.2%)	$2.2M	0.0%	—	42
AE Wealth Management LLC	Increased	19,089(+441.5%)	$2.1M	0.0%	—	42
GUGGENHEIM CAPITAL LLC	Decreased	18,873(-32.6%)	$2.1M	0.0%	—	0
CAPSTONE INVESTMENT ADVISORS, LLC	Decreased	18,493(-53.9%)	$2.1M	0.0%	—	0
Sumitomo Mitsui DS Asset Management Company, Ltd	Increased	17,861(+3.6%)	$2M	0.0%	—	27
COMMERCE BANK	Increased	17,569(+0.3%)	$2M	0.0%	—	26
JANUS HENDERSON GROUP PLC	Decreased	17,480(-27.9%)	$2M	0.0%	—	0
Utah Retirement Systems	Unchanged	17,205	$1.9M	0.0%	—	0
JONES FINANCIAL COMPANIES LLLP	Decreased	17,083(-8.9%)	$1.9M	0.0%	—	0
DANSKE BANK A/S	Decreased	16,957(-17.7%)	$1.9M	0.0%	—	0
Mediolanum International Funds Ltd	New	16,816	$1.9M	0.0%	—	36
PFA Pension, Forsikringsaktieselskab	New	16,788	$1.9M	0.0%	—	36
DnB Asset Management AS	Decreased	16,489(-63.6%)	$1.8M	0.0%	—	0
FORSTA AP-FONDEN	Decreased	16,300(-3.5%)	$1.8M	0.0%	—	0
Sequoia Financial Advisors, LLC	Increased	16,255(+109.1%)	$1.8M	0.0%	—	42
Merit Financial Group, LLC	Increased	16,018(+41.4%)	$1.8M	0.0%	—	34
Allworth Financial LP	Increased	14,532(+11.4%)	$1.6M	0.0%	—	29
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp	Increased	14,341(+22.2%)	$1.6M	0.0%	—	31
XTX Topco Ltd	Increased	14,211(+99.0%)	$1.6M	0.0%	—	41
FIFTH THIRD BANCORP	Increased	13,995(+4.3%)	$1.6M	0.0%	—	27
National Pension Service	Increased	13,488(+102.8%)	$1.5M	0.0%	—	41
Dynasty Wealth Management, LLC	Increased	13,406(+6.2%)	$1.5M	0.0%	—	27
US BANCORP \DE\	Increased	13,117(+1.3%)	$1.5M	0.0%	—	26
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	Decreased	12,797(-0.1%)	$1.4M	0.0%	—	0
Savant Capital, LLC	Decreased	12,419(-31.0%)	$1.4M	0.0%	—	0
Vontobel Holding Ltd.	Increased	11,939(+40.1%)	$1.3M	0.0%	—	34
UNITED CAPITAL FINANCIAL ADVISORS, LLC	Increased	11,927(+6.1%)	$1.3M	0.0%	—	27
NISSAY ASSET MANAGEMENT CORP /JAPAN	Increased	11,719(+1.4%)	$1.3M	0.0%	—	26
PEAK6 LLC	Decreased	11,649(-83.3%)	$1.3M	0.0%	—	0
&PARTNERS	Increased	11,478(+3.9%)	$1.3M	0.0%	—	26
SILVERCREST ASSET MANAGEMENT GROUP LLC	Decreased	10,752(-15.7%)	$1.2M	0.0%	—	0
Lido Advisors, LLC	Increased	12,037(+8.3%)	$1.2M	0.0%	—	27
Beacon Pointe Advisors, LLC	Decreased	10,043(-14.0%)	$1.1M	0.0%	—	0
Tidal Investments LLC	Decreased	9,906(-45.7%)	$1.1M	0.0%	—	0
INTECH INVESTMENT MANAGEMENT LLC	Decreased	9,630(-79.1%)	$1.1M	0.0%	—	0
Magnetar Financial LLC	New	9,591	$1.1M	0.0%	—	35
Integrated Wealth Concepts LLC	Decreased	9,527(-16.5%)	$1.1M	0.0%	—	0
HB Wealth Management, LLC	Increased	9,527(+17.7%)	$1.1M	0.0%	—	29
Orion Porfolio Solutions, LLC	Increased	9,480(+10.2%)	$1.1M	0.0%	—	28
AGF MANAGEMENT LTD	Increased	9,417(+44.2%)	$1.1M	0.0%	—	34
OMERS ADMINISTRATION Corp	Decreased	9,000(-57.1%)	$1M	0.0%	—	0
Private Advisor Group, LLC	Decreased	8,999(-21.4%)	$1M	0.0%	—	0
GLENMEDE TRUST CO NA	Decreased	8,593(-33.0%)	$960,868	0.0%	—	0
NORDEA INVESTMENT MANAGEMENT AB	Increased	8,180(+29.0%)	$915,751	0.0%	—	31
Cresset Asset Management, LLC	Decreased	7,623(-38.1%)	$852,358	0.0%	—	0
GREAT LAKES ADVISORS, LLC	Decreased	7,511(-2.3%)	$839,880	0.0%	—	0
Eurizon Capital SGR S.p.A.	New	7,446	$831,749	0.0%	—	34
TEACHER RETIREMENT SYSTEM OF TEXAS	Decreased	6,875(-89.5%)	$768,762	0.0%	—	0
Farther Finance Advisors, LLC	Increased	6,662(+73.1%)	$744,942	0.0%	—	37
SCOTIA CAPITAL INC.	Increased	6,501(+0.2%)	$726,947	0.0%	—	25
EXCHANGE TRADED CONCEPTS, LLC	Increased	6,058(+23.5%)	$677,405	0.0%	—	30
GREENLEAF TRUST	Increased	5,642(+0.6%)	$630,888	0.0%	—	24
Steward Partners Investment Advisory, LLC	Decreased	5,411(-32.1%)	$605,058	0.0%	—	0
AXXCESS WEALTH MANAGEMENT, LLC	Decreased	5,285(-40.5%)	$590,969	0.0%	—	0
EP Wealth Advisors, LLC	Increased	5,185(+40.5%)	$579,742	0.0%	—	32
TCW GROUP INC	New	5,167	$577,774	0.0%	—	34
Equitable Holdings, Inc.	Increased	5,042(+7.8%)	$563,796	0.0%	—	26
OneDigital Investment Advisors LLC	Decreased	5,031(-2.6%)	$562,554	0.0%	—	0
BALYASNY ASSET MANAGEMENT L.P.	Decreased	4,845(-99.8%)	$541,768	0.0%	—	0
Aptus Capital Advisors, LLC	Increased	4,543(+20.6%)	$507,998	0.0%	—	29
ALPS ADVISORS INC	Increased	4,315(+0.8%)	$482,503	0.0%	—	24
CIBC Private Wealth Group LLC	Decreased	4,287(-11.1%)	$479,340	0.0%	—	0
Wealthspire Advisors, LLC	Increased	4,271(+252.4%)	$477,568	0.0%	—	39
TD Waterhouse Canada Inc.	Increased	4,253(+42.7%)	$475,528	0.0%	—	32
Waverly Advisors, LLC	Increased	4,232(+68.2%)	$473,222	0.0%	—	36
NewEdge Wealth, LLC	New	4,120	$460,739	0.0%	—	33
PRUDENTIAL PLC	Unchanged	3,275	$366,211	0.0%	—	0
MONETA GROUP INVESTMENT ADVISORS LLC	Increased	3,271(+18.7%)	$365,810	0.0%	—	28
FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND	New	3,100	$346,642	0.0%	—	33
Williams Jones Wealth Management, LLC.	Decreased	3,050(-9.0%)	$341,051	0.0%	—	0
KEYBANK NATIONAL ASSOCIATION/OH	Increased	2,940(+9.1%)	$328,756	0.0%	—	26
REGIONS FINANCIAL CORP	Decreased	2,513(-2.1%)	$281,004	0.0%	—	0
HUNTINGTON NATIONAL BANK	Increased	2,294(+19.6%)	$256,517	0.0%	—	27
Fisher Asset Management, LLC	New	2,212	$247,417	0.0%	—	32
WESTWOOD HOLDINGS GROUP INC	New	2,037	$227,777	0.0%	—	32
MAI Capital Management	Increased	2,021(+2.5%)	$225,956	0.0%	—	24
SCHRODER INVESTMENT MANAGEMENT GROUP	New	1,959	$219,055	0.0%	—	32
BROWN BROTHERS HARRIMAN & CO	Increased	1,942(+102.7%)	$217,154	0.0%	—	37
D.A. DAVIDSON & CO.	New	1,885	$210,781	0.0%	—	32
GATEWAY INVESTMENT ADVISERS LLC	Decreased	1,878(-43.1%)	$209,998	0.0%	—	0
CI INVESTMENTS INC.	Decreased	1,874(-31.5%)	$209,551	0.0%	—	0
B. Metzler seel. Sohn & Co. AG	New	1,867	$208,768	0.0%	—	32
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main	Unchanged	1,684	$188,305	0.0%	—	0
CULLEN/FROST BANKERS, INC.	Increased	1,663(+13.5%)	$185,957	0.0%	—	26
PRICE T ROWE ASSOCIATES INC /MD/	Decreased	1.4M(-0.9%)	$158,763	0.0%	—	0
Man Group plc	Decreased	1,013(-98.9%)	$113,274	0.0%	—	0
BNP Paribas Asset Management Holding S.A.	Increased	920,813(+49.0%)	$102,968	0.1%	—	36
Optiver Holding B.V.	New	534	$59,712	0.0%	—	32
Duquesne Family Office LLC	New	348,400	$38,958	0.9%	—	39
WOLVERINE ASSET MANAGEMENT LLC	Unchanged	306	$34,217	0.0%	—	0
Erste Asset Management GmbH	Decreased	200(-57.1%)	$22,364	0.0%	—	0
HRT FINANCIAL LP	Decreased	174,063(-63.8%)	$19,463	0.1%	—	0
FIL Ltd	New	156	$17,444	0.0%	—	28
IFM Investors Pty Ltd	Decreased	12,124(-0.2%)	$1,356	0.0%	—	0
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC	Unchanged	11	$1,230	0.0%	—	0
Candriam S.C.A.	Exited	0(-100.0%)	$646,840	0.0%	—	0
Kovitz Investment Group Partners, LLC	Exited	0(-100.0%)	$989,484	0.0%	—	0
PICTON MAHONEY ASSET MANAGEMENT	Exited	0(-100.0%)	$764	0.0%	—	0
MATHER GROUP, LLC.	Exited	0(-100.0%)	$162,836	0.0%	—	0
Holocene Advisors, LP	Exited	0(-100.0%)	$143.9M	0.0%	—	0
Twin Tree Management, LP	Exited	0(-100.0%)	$6.1M	0.0%	—	0
Castle Hook Partners LP	Exited	0(-100.0%)	$79M	0.0%	—	0
Virtu Financial LLC	Exited	0(-100.0%)	$404	0.0%	—	0

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