| Municipal Employees' Retirement System of Michigan |
| 14.88% | 14.83% | #1 | $1.35B | 30.5M | $1.31B | 34.1M | -3.6M-10.59% | Reduce |
| Private Advisor Group, LLC |
| 0.12% | 0.11% | #5 | $26.9M | 608,530 | $23.3M | 610,124 | -1,594-0.26% | Reduce |
| Colonial River Investments, LLC |
| 1.77% | 3.54% | #2 | $6.2M | 141,256 | $9.9M | 258,172 | -116,916-45.29% | Reduce |
| RPg Family Wealth Advisory, LLC |
| 1.28% | 1.12% | #3 | $6.1M | 139,231 | $5.3M | 139,813 | -582-0.42% | Reduce |
| LPL Financial LLC |
| <0.01% | <0.01% | #12 | $4.7M | 107,596 | $3.5M | 91,201 | +16,395+17.98% | Add |
| Cetera Investment Advisers |
| <0.01% | <0.01% | #11 | $3.8M | 86,025 | $3.5M | 90,188 | -4,163-4.62% | Reduce |
| BANK OF AMERICA CORP /DE/ |
| <0.01% | <0.01% | #16 | $1.5M | 34,506 | $1.3M | 34,600 | -94-0.27% | Reduce |
| Kingsview Wealth Management, LLC |
| 0.02% | 0.01% | #6 | $1.1M | 28,312 | $1.1M | 28,312 | 00.00% | Unchanged |
| Kestra Advisory Services, LLC |
| <0.01% | <0.01% | #10 | $1.1M | 24,465 | $435,960 | 11,393 | +13,072+114.74% | Add |
| GTS SECURITIES LLC |
| 0.02% | 0.03% | #7 | $846,473 | 19,177 | $733,808 | 19,177 | 00.00% | Unchanged |
| Belpointe Asset Management LLC |
| 0.02% | — | #8 | $485,054 | 10,989 | $0 | 0 | +10,989 | New Buy |
| ArborFi Advisors, LLC |
| 0.34% | 0.33% | #4 | $472,607 | 10,707 | $405,304 | 10,592 | +115+1.09% | Add |
| CITADEL ADVISORS LLC |
| <0.01% | <0.01% | #17 | $435,353 | 9,863 | $755,544 | 19,745 | -9,882-50.05% | Reduce |
| OSAIC HOLDINGS, INC. |
| <0.01% | <0.01% | #14 | $390,061 | 8,837 | $303,784 | 7,938 | +899+11.33% | Add |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO |
| <0.01% | <0.01% | #15 | $268,548 | 6,084 | $225,381 | 5,890 | +194+3.29% | Add |
| MORGAN STANLEY |
| <0.01% | — | #20 | $136,569 | 3,094 | $0 | 0 | +3,094 | New Buy |
| CULLEN/FROST BANKERS, INC. |
| <0.01% | — | #13 | $66,514 | 1,507 | $0 | 0 | +1,507 | New Buy |
| PRIVATE TRUST CO NA |
| <0.01% | <0.01% | #9 | $47,274 | 1,071 | $44,464 | 1,162 | -91-7.83% | Reduce |
| VANGUARD ADVISERS INC |
| <0.01% | <0.01% | #18 | $4,988 | 113 | $4,324 | 113 | 00.00% | Unchanged |
| UBS Group AG |
| <0.01% | — | #21 | $1,589 | 36 | $0 | 0 | +36 | New Buy |
| Continuum Advisory, LLC |
| <0.01% | — | #19 | $177 | 4 | $0 | 0 | +4 | New Buy |
