Institutional Ownership

Ownership > 100%

Ownership Information

Shares Outstanding

16,233,596

Short Interest Shares

192,280

Float (%)

89.92

Institutional Ownership (%)

53.62

Mutual Fund Ownership (%)

24.14

Insider Ownership (%)

10.08

Top 10 Instn Holders (%)

39.88

Ownership Activity - Total Positions

Company	Shares	% Out	Value ($)	Reported	Change
BlackRock Inc.	1,340,822	8.26	33,654,632	9/30/2020	(41,983)
Dimensional Fund Advisors LP	1,235,195	7.61	31,003,395	9/30/2020	3
Vanguard Group Inc.	782,915	4.82	19,651,167	9/30/2020	(10,791)
Banc Funds Company LLC	484,484	2.98	12,160,548	9/30/2020	(101,000)
Tributary Capital Management LLC	476,258	2.93	11,954,076	9/30/2020	94,224
State Street Global Advisors Inc.	344,865	2.12	8,656,112	9/30/2020	(8,919)
North Star Asset Management Inc	270,232	1.66	6,782,823	9/30/2020	362
Northern Trust Global Investments	269,976	1.66	6,776,398	9/30/2020	(9,640)
Geode Capital Management LLC	251,406	1.55	6,310,291	9/30/2020	831
Bank of America Corp.	233,667	1.44	5,865,042	9/30/2020	(10,930)
RBC Global Asset Management Inc.	184,181	1.13	4,622,943	9/30/2020	(12,425)
LSV Asset Management	182,397	1.12	4,578,165	9/30/2020	(13,000)
Acadian Asset Management LLC	124,056	0.76	3,113,806	9/30/2020	(8,166)
BNY Asset Management	121,191	0.75	3,041,894	9/30/2020	(5,231)
Charles Schwab Investment Management Inc.	106,245	0.65	2,666,750	9/30/2020	(892)
Wells Fargo & Co.	90,319	0.56	2,267,007	9/30/2020	8,556
Arrowstreet Capital Ltd. Partnership	80,330	0.49	2,016,283	9/30/2020	0
Wellington Management Group LLP	77,843	0.48	1,953,859	9/30/2020	0
TIAA	74,050	0.46	1,858,655	9/30/2020	(528)
LaFleur & Godfrey LLC	59,175	0.36	1,485,293	9/30/2020	9

Displaying 1 to 20 (of 136)

Institutional Ownership

Total Positions

New Positions

Increased Positions

Decreased Positions

Soldout Positions

Net Change

List of possible reasons behind the infrequent cases where we have total institutional ownership that exceeds 100% of the common shares outstanding for a specific company:

Double-counting - On the 13-F filing, each institutional holder must report all securities over which they exercise sole or shared investment discretion. In cases where investment discretion is shared by more than one institution, care is generally taken to prevent double-counting, but there is always the exception. Another cause of double-counting is a company name change for the 13F filer where the holdings are accounted for under both filer names.

Short Interest - A large short interest amount affects the institutional ownership amount considerably because all shares that have been sold short appear as holdings in two separate portfolios. One institution has lent its shares to a short seller, while the same shares have been purchased by another reporting institution. Consequently, the institutional ownership percentage reflected in the 13-F filings is overstated as a percentage of total shares outstanding.

A gap between 'as of' dates - In the case where gaps between the 'as of' dates of the holdings and the shares outstanding arise, the percentage owned could be skewed due to a sharp increase/decrease in shares out. Again, this case doesn’t come up very often but the results are unavoidable.

Other possible reasons: a) An overlap occurs amongst reporting institutions; b) The 13F filing includes holdings other than common stock issues; c) Mutual fund money is co-advised and incorrectly reported by multiple institutions.