| Treasurer of the State of North Carolina |
| 0.9% | — | #21 | $349.5M | 14.4M | $0 | 0 | +14.4M | New Buy |
| BANK OF AMERICA CORP /DE/ |
| 0.02% | 0.02% | #128 | $295.8M | 12.2M | $213.5M | 8.9M | +3.3M+36.70% | Add |
| MORGAN STANLEY |
| 0.01% | 0.01% | #154 | $240.7M | 9.9M | $218.1M | 8.8M | +1.1M+12.16% | Add |
| WELLS FARGO & COMPANY/MN |
| 0.01% | 0.02% | #146 | $89.7M | 3.7M | $83.7M | 3.5M | +196,954+5.64% | Add |
| LPL Financial LLC |
| 0.01% | 0.02% | #145 | $65.5M | 2.7M | $69.4M | 2.9M | -199,519-6.89% | Reduce |
| UBS Group AG |
| 0.01% | 0.01% | #174 | $54.7M | 2.3M | $53.7M | 2.2M | +11,246+0.50% | Add |
| STEPHENS INC /AR/ |
| 0.45% | 0.44% | #33 | $39.9M | 1.6M | $35.5M | 1.5M | +162,286+10.97% | Add |
| JPMORGAN CHASE & CO |
| <0.01% | <0.01% | #216 | $38.4M | 1.6M | $39.5M | 1.7M | -80,749-4.87% | Reduce |
| Advisors Capital Management, LLC |
| 0.4% | 0.41% | #35 | $37.9M | 1.6M | $35.6M | 1.5M | +74,357+5.01% | Add |
| ENVESTNET ASSET MANAGEMENT INC |
| 0.01% | 0.01% | #173 | $30.1M | 1.2M | $34.4M | 1.4M | -196,440-13.69% | Reduce |
| HighTower Advisors, LLC |
| 0.03% | 0.03% | #114 | $29.4M | 1.2M | $28.6M | 1.2M | +18,123+1.52% | Add |
| Insight Wealth Strategies, LLC |
| 2.21% | — | #6 | $22.7M | 930,732 | $0 | 0 | +930,732 | New Buy |
| RAYMOND JAMES FINANCIAL INC |
| 0.01% | 0.01% | #182 | $22.0M | 904,088 | $19.9M | 829,674 | +74,414+8.97% | Add |
| Estate Counselors, LLC |
| 1.83% | — | #10 | $21.3M | 877,991 | $0 | 0 | +877,991 | New Buy |
| ROYAL BANK OF CANADA |
| <0.01% | <0.01% | #207 | $19.9M | 818,546 | $17.3M | 721,841 | +96,705+13.40% | Add |
| Mader & Shannon Wealth Management, Inc. |
| 8.22% | 8.02% | #2 | $17.6M | 723,418 | $17.3M | 722,589 | +829+0.11% | Add |
| AMERIPRISE FINANCIAL INC |
| <0.01% | <0.01% | #205 | $15.1M | 615,177 | $15.6M | 652,466 | -37,289-5.72% | Reduce |
| OSAIC HOLDINGS, INC. |
| 0.01% | 0.02% | #142 | $12.7M | 523,362 | $12.8M | 534,639 | -11,277-2.11% | Reduce |
| STIFEL FINANCIAL CORP |
| 0.01% | 0.01% | #159 | $12.3M | 504,921 | $10.9M | 453,481 | +51,440+11.34% | Add |
| BENJAMIN EDWARDS INC |
| 0.11% | 0.12% | #65 | $11.6M | 478,808 | $12.3M | 512,278 | -33,470-6.53% | Reduce |
| Evolution Wealth Advisors, LLC |
| 1.34% | 1.15% | #17 | $11.4M | 470,496 | $11.3M | 469,296 | +1,200+0.26% | Add |
| Spectrum Asset Management, Inc. |
| 15.56% | 5.09% | #1 | $10.8M | 445,782 | $2.5M | 106,122 | +339,660+320.07% | Add |
| MML INVESTORS SERVICES, LLC |
| 0.02% | 0.03% | #125 | $10.4M | 426,541 | $9.1M | 380,367 | +46,174+12.14% | Add |
| Sanctuary Advisors, LLC |
| 0.05% | 0.05% | #96 | $10.0M | 412,328 | $10.0M | 417,981 | -5,653-1.35% | Reduce |
| Janney Montgomery Scott LLC |
| 0.02% | 0.02% | #126 | $9.9M | 406,989 | $9.4M | 393,325 | +13,664+3.47% | Add |
| Cordoba Advisory Partners LLC |
| 2.06% | 2.54% | #8 | $9.7M | 399,681 | $9.2M | 383,645 | +16,036+4.18% | Add |
| Matthew Goff Investment Advisor, LLC |
| 1.63% | 1.62% | #12 | $9.6M | 396,749 | $9.7M | 404,841 | -8,092-2.00% | Reduce |
| PARK AVENUE SECURITIES LLC |
| 0.06% | 0.07% | #90 | $9.5M | 391,687 | $8.8M | 365,552 | +26,135+7.15% | Add |
| MAI Capital Management |
| 0.04% | 0.05% | #107 | $9.5M | 390,662 | $9.4M | 391,636 | -974-0.25% | Reduce |
| Westover Capital Advisors, LLC |
| 1.56% | 1.69% | #13 | $9.4M | 385,907 | $9.2M | 382,846 | +3,061+0.80% | Add |
| JANE STREET GROUP, LLC |
| <0.01% | <0.01% | #232 | $9.2M | 378,199 | $3.5M | 147,691 | +230,508+156.07% | Add |
| Ashton Thomas Private Wealth, LLC |
| 0.18% | 0.22% | #55 | $8.8M | 360,366 | $9.2M | 383,416 | -23,050-6.01% | Reduce |
| Windsor Capital Management, LLC |
| 2.17% | 2.3% | #7 | $8.4M | 343,905 | $8.2M | 340,990 | +2,915+0.85% | Add |
| Wealthcare Advisory Partners LLC |
| 0.15% | 0.13% | #57 | $7.9M | 324,211 | $6.7M | 277,988 | +46,223+16.63% | Add |
| Nilsine Partners, LLC |
| 0.52% | 0.57% | #31 | $7.5M | 307,525 | $7.3M | 300,767 | +6,758+2.25% | Add |
| Blue Water Asset Management |
| 2.35% | 2.42% | #5 | $7.3M | 298,914 | $7.0M | 291,785 | +7,129+2.44% | Add |
| Private Advisor Group, LLC |
| 0.03% | 0.02% | #108 | $7.0M | 287,482 | $4.3M | 179,784 | +107,698+59.90% | Add |
| BOSTON FAMILY OFFICE LLC |
| 0.4% | 0.41% | #36 | $6.5M | 267,922 | $6.2M | 256,877 | +11,045+4.30% | Add |
| Meridian Wealth Management, LLC |
| 0.19% | 0.22% | #54 | $6.2M | 254,210 | $6.1M | 256,434 | -2,224-0.87% | Reduce |
| Cetera Investment Advisers |
| 0.01% | 0.01% | #185 | $6.1M | 251,112 | $4.8M | 201,026 | +50,086+24.92% | Add |
| Mosley Wealth Management |
| 1.9% | 0.1% | #9 | $6.0M | 245,633 | $231,875 | 9,388 | +236,245+2,516.46% | Add |
| Invesco Ltd. |
| <0.01% | <0.01% | #238 | $5.8M | 240,411 | $5.8M | 241,427 | -1,016-0.42% | Reduce |
| Baird Financial Group, Inc. |
| 0.01% | 0.01% | #170 | $5.7M | 235,821 | $5.6M | 232,011 | +3,810+1.64% | Add |
| FCA CORP /TX |
| 1.34% | 1.44% | #16 | $5.4M | 223,863 | $5.1M | 212,397 | +11,466+5.40% | Add |
| CITIGROUP INC |
| <0.01% | <0.01% | #218 | $5.0M | 205,873 | $4.5M | 189,699 | +16,174+8.53% | Add |
| WESBANCO BANK INC |
| 0.12% | 0.12% | #64 | $4.7M | 193,764 | $4.2M | 175,249 | +18,515+10.56% | Add |
| Good Harbor Advisors, Inc. |
| 4.42% | 4.69% | #3 | $4.5M | 185,996 | $4.3M | 179,197 | +6,799+3.79% | Add |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO |
| <0.01% | <0.01% | #214 | $4.5M | 185,501 | $5.2M | 215,045 | -29,544-13.74% | Reduce |
| Avior Wealth Management, LLC |
| 0.13% | 0.13% | #61 | $4.5M | 187,744 | $4.5M | 187,744 | 00.00% | Unchanged |
| RPg Family Wealth Advisory, LLC |
| 0.89% | 0.88% | #22 | $4.3M | 177,105 | $4.2M | 175,990 | +1,115+0.63% | Add |
