Institutional Ownership

Ownership > 100%

Ownership Information

Shares Outstanding

16,534,256

Short Interest Shares

144,945

Float (%)

96.42

Institutional Ownership (%)

57.91

Mutual Fund Ownership (%)

21.45

Insider Ownership (%)

3.58

Top 10 Instn Holders (%)

39.22

Ownership Activity - Total Positions

Company	Shares	% Out	Value ($)	Reported	Change
BlackRock Inc.	1,242,624	7.52	43,156,332	12/31/2018	106,271
Dimensional Fund Advisors LP	1,131,042	6.84	39,281,089	12/31/2018	49,382
Renaissance Technologies LLC	771,415	4.67	26,791,243	12/31/2018	(18,700)
Vanguard Group Inc.	728,893	4.41	25,314,454	12/31/2018	10,245
BlackRock Fund Advisors	578,563	3.50	20,093,493	1/31/2019	(21,277)
Tributary Capital Management LLC	340,147	2.06	11,813,305	12/31/2018	(1,383)
State Street Global Advisors Inc.	337,409	2.04	11,718,215	12/31/2018	(11,737)
North Star Asset Management Inc	263,480	1.59	9,150,660	12/31/2018	4,996
LSV Asset Management	249,297	1.51	8,658,085	12/31/2018	3,100
Northern Trust Global Investments	210,621	1.27	7,314,867	12/31/2018	5,437
Ackerman Capital Advisors LLC	200,646	1.21	6,968,436	12/31/2018	192,930
Geode Capital Management LLC	181,056	1.10	6,288,075	12/31/2018	9,214
Merrill Lynch Pierce Fenner & Smith Inc.	166,003	1.00	5,765,284	12/31/2018	10,530
Wellington Management Group LLP	147,151	0.89	5,110,554	12/31/2018	(8,389)
RBC Global Asset Management Inc.	139,655	0.84	4,850,218	12/31/2018	(14,661)
Charles Schwab Investment Management Inc.	114,183	0.69	3,965,576	12/31/2018	2,166
BNY Asset Management	113,367	0.69	3,937,236	12/31/2018	1,161
BlackRock Advisors LLC	88,473	0.54	3,072,667	11/30/2018	47,636
Thomson Horstmann & Bryant Inc.	85,157	0.52	2,957,503	12/31/2018	(10,151)
Morgan Stanley	83,943	0.51	2,915,340	9/30/2018	0

Displaying 1 to 20 (of 185)

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.