Institutional Ownership

Ownership > 100%

Ownership Information

Shares Outstanding

16,424,433

Short Interest Shares

198,076

Float (%)

95.80

Institutional Ownership (%)

54.61

Mutual Fund Ownership (%)

23.51

Insider Ownership (%)

4.20

Top 10 Instn Holders (%)

38.87

Ownership Activity - Total Positions

Company	Shares	% Out	Value ($)	Reported	Change
BlackRock Inc.	1,266,176	7.71	41,695,176	6/30/2019	51,451
Dimensional Fund Advisors LP	1,194,421	7.27	39,332,284	6/30/2019	15,195
Renaissance Technologies LLC	794,415	4.84	26,160,086	6/30/2019	6,600
Vanguard Group Inc.	755,435	4.60	24,876,475	6/30/2019	(20,602)
Tributary Capital Management LLC	392,554	2.39	12,926,803	6/30/2019	(311)
State Street Global Advisors Inc.	342,097	2.08	11,265,254	6/30/2019	14,149
North Star Asset Management Inc	262,419	1.60	8,641,458	6/30/2019	378
LSV Asset Management	238,164	1.45	7,842,741	6/30/2019	(333)
Northern Trust Global Investments	214,057	1.30	7,048,897	6/30/2019	4,095
Geode Capital Management LLC	212,110	1.29	6,984,782	6/30/2019	11,970
RBC Global Asset Management Inc.	190,516	1.16	6,273,692	6/30/2019	(25,830)
Wellington Management Group LLP	189,941	1.16	6,254,757	6/30/2019	21,690
Bank of America Corp.	147,184	0.90	4,846,769	6/30/2019	142,301
BNY Asset Management	115,672	0.70	3,809,079	6/30/2019	574
Charles Schwab Investment Management Inc.	98,612	0.60	3,247,293	6/30/2019	(7,036)
Thomson Horstmann & Bryant Inc.	80,691	0.49	2,657,155	6/30/2019	(3,539)
John W. Rosenthal Capital Management, Inc.	80,000	0.49	2,634,400	6/30/2019	0
TIAA	71,594	0.44	2,357,590	6/30/2019	5,376
Acadian Asset Management LLC	70,736	0.43	2,329,336	6/30/2019	18,315
Victory Capital Management Inc.	68,400	0.42	2,252,412	6/30/2019	8,563

Displaying 1 to 20 (of 147)

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.