THE
LARGEST
MONEY
MANAGERS
Managers ranked by total worldwide institutional assets under management
(Assets in millions, as of Dec. 31, 2023.)
| Rank | Manager | 2023 | Percent Change | 2022 Rank | 2022 |
|---|---|---|---|---|---|
| 1. | Vanguard Group | $6,063,130 | 20.66% | 1 | $5,024,824 |
| 2. | BlackRock | $5,570,859 | 15.23% | 2 | $4,834,449 |
| 3. | State Street Global | $2,812,916 | 16.50% | 3 | $2,414,580 |
| 4. | Fidelity Investments | $2,243,157 | 29.54% | 4 | $1,731,599 |
| 5. | J.P. Morgan Asset & Wealth | $1,711,469 | 21.22% | 7 | $1,411,863 |
| 6. | Goldman Sachs Group | $1,620,791 | 12.46% | 6 | $1,441,249 |
| 7. | BNY Mellon | $1,553,800 | 7.35% | 5 | $1,447,404 |
| 8. | Legal & General Investment | $1,389,206 | 0.89% | 8 | $1,376,967 |
| 9. | Amundi | $1,226,194 | 9.50% | 10 | $1,119,793 |
| 10. | Wellington Mgmt. | $1,218,957 | 6.19% | 9 | $1,147,946 |
| 11. | Geode Capital Mgmt. | $1,154,904 | 33.31% | 12 | $866,352 |
| 12. | Prudential Financial | $1,060,073 | 3.82% | 11 | $1,021,084 |
| 13. | PIMCO | $919,759 | 6.25% | 13 | $865,656 |
| 14. | Northern Trust Asset Mgmt. | $899,161 | 13.42% | 14 | $792,802 |
| 15. | Capital Group | $858,237 | 13.97% | 16 | $753,026 |
| 16. | Nuveen | $830,214 | 9.28% | 15 | $759,724 |
| 17. | T. Rowe Price Associates | $810,000 | 14.73% | 17 | $706,000 |
| 18. | AXA Investment | $751,453 | 3.49% | 18 | $726,093 |
| 19. | Federated Hermes | $706,482 | 14.31% | 20 | $618,026 |
| 20. | Franklin Templeton | $695,069 | 1.85% | 19 | $682,456 |
| 21. | Dimensional Fund Advisors | $677,141 | 16.01% | 22 | $583,714 |
| 22. | Invesco | $612,982 | 1.03% | 21 | $606,715 |
| 23. | MetLife Investment Mgmt. | $600,800 | 3.62% | 23 | $579,837 |
| 24. | Morgan Stanley Inv. Mgmt. | $581,509 | 9.52% | 24 | $530,982 |
| 25. | DWS | $540,479 | 28.76% | 29 | $419,758 |
| 26. | New York Life Investments | $508,014 | 4.16% | 25 | $487,748 |
| 27. | Schroders | $505,838 | 9.94% | 26 | $460,088 |
| 28. | Principal Global Investors | $493,255 | 7.48% | 27 | $458,932 |
| 29. | KKR | $492,371 | 7.47% | 28 | $458,165 |
| 30. | Brookfield Asset Mgmt. | $469,311 | 19.86% | 31 | $391,551 |
| 31. | BNP Paribas Asset Mgmt. | $411,540 | 8.92% | 33 | $377,839 |
| 32. | Allspring Global Investments | $407,865 | 5.85% | 32 | $385,314 |
| 33. | Mercer | $393,473 | 16.43% | 35 | $337,941 |
| 34. | Asset Management One | $368,474 | -2.15% | 34 | $376,559 |
| 35. | Ares Mgmt. | $359,682 | 21.51% | 40 | $296,014 |
| 36. | Aegon Asset Mgmt. | $331,789 | 9.80% | 37 | $302,171 |
| 37. | Barings | $330,214 | 8.80% | 36 | $303,519 |
| 38. | AllianceBernstein | $326,021 | 8.19% | 38 | $301,329 |
| 39. | Neuberger Berman | $320,892 | 7.72% | 39 | $297,897 |
| 40. | MassMutual | $301,027 | 19.80% | 44 | $251,270 |
| 41. | Columbia Threadneedle | $295,699 | 11.37% | 41 | $265,521 |
| 42. | NISA Investment | $287,667 | 10.98% | 42 | $259,207 |
| 43. | SEI Investments | $262,699 | 9.13% | 46 | $240,732 |
| 44. | SLC Management | $251,913 | 8.86% | 48 | $231,401 |
| 45. | Manulife Investment | $250,832 | 6.52% | 47 | $235,473 |
| 46. | Aviva Investors | $250,083 | -0.02% | 45 | $250,137 |
| 47. | Russell Investments | $243,228 | 7.07% | 49 | $227,159 |
| 48. | Voya Investment Mgmt. | $239,505 | -7.15% | 43 | $257,941 |
| 49. | Loomis, Sayles | $238,907 | 7.52% | 50 | $222,198 |
| 50. | Baillie Gifford Overseas | $232,789 | 7.77% | 51 | $216,005 |
| 51. | Dodge & Cox | $222,102 | 11.85% | 52 | $198,574 |
| 52. | RBC Global Asset Mgmt. | $207,254 | 13.30% | 55 | $182,925 |
| 53. | MFS Investment | $203,118 | 9.03% | 54 | $186,303 |
| 54. | Mesirow | $196,005 | 13.04% | 56 | $173,388 |
| 55. | TCW Group | $195,651 | 3.73% | 53 | $188,621 |
| 56. | Guggenheim Investments | $176,354 | 3.04% | 57 | $171,157 |
| 57. | PFM Asset Mgmt. | $176,339 | 14.81% | 62 | $153,598 |
| 58. | Conning | $174,767 | 7.82% | 60 | $162,097 |
| 59. | TD Global Invest. Solutions | $168,765 | 14.00% | 64 | $148,036 |
| 60. | WTW Investment Services | $162,929 | -0.05% | 59 | $163,007 |
| 61. | Nomura Asset Mgmt. | $158,645 | 16.75% | 67 | $135,883 |
| 62. | Payden & Rygel | $148,895 | 13.48% | 69 | $131,209 |
| 63. | Oaktree Capital | $148,893 | 11.90% | 68 | $133,055 |
| 64. | IFM Investors | $147,817 | 4.27% | 65 | $141,767 |
| 65. | Lazard Asset Mgmt. | $147,269 | 12.66% | 70 | $130,718 |
| 66. | CBRE Investment Mgmt. | $146,900 | -1.28% | 63 | $148,800 |
| 67. | Artisan Partners | $144,523 | 18.16% | 72 | $122,308 |
| 68. | Victory Capital | $137,109 | 8.41% | 71 | $126,477 |
| 69. | PRIMECAP | $134,477 | 14.71% | 73 | $117,232 |
| 70. | Man Group | $130,800 | 15.65% | 74 | $113,100 |
| 71. | Baird Advisors | $130,430 | 17.15% | 76 | $111,339 |
| 72. | Charles Schwab Investment | $128,664 | 46.16% | 87 | $88,030 |
| 73. | Robeco | $126,045 | 11.59% | 75 | $112,955 |
| 74. | Partners Group | $109,503 | 8.10% | 79 | $101,298 |
| 75. | RhumbLine Advisers | $107,611 | 22.26% | 88 | $88,016 |
| 76. | Acadian Asset Mgmt. | $103,744 | 10.80% | 82 | $93,629 |
| 77. | StepStone Group | $102,150 | 12.66% | 85 | $90,673 |
| 78. | Mackenzie Investments | $101,076 | |||
| 79. | Ninety One | $100,656 | -3.00% | 78 | $103,771 |
| 80. | Record Currency Mgmt. | $99,230 | 15.39% | 91 | $85,998 |
| 81. | AQR Capital Mgmt. | $98,840 | 4.22% | 81 | $94,834 |
| 82. | Pictet Asset Mgmt. | $98,613 | 19.68% | 94 | $82,394 |
| 83. | LSV Asset Mgmt. | $96,001 | 5.38% | 84 | $91,100 |
| 84. | Income Research & Mgmt. | $92,785 | 9.02% | 92 | $85,111 |
| 85. | Starwood Capital | $91,271 | -8.51% | 80 | $99,758 |
| 86. | American Century | $90,187 | 1.63% | 86 | $88,743 |
| 87. | Pathway Capital | $88,521 | 1.49% | 89 | $87,223 |
| 88. | Prologis | $88,216 | -3.72% | 83 | $91,628 |
| 89. | First Sentier Investors | $87,123 | 11.41% | 95 | $78,203 |
| 90. | Alan Biller and Associates | $84,675 | 16.58% | 98 | $72,630 |
| 91. | New England Asset Mgmt. | $82,958 | 13.85% | 97 | $72,867 |
| 92. | AEW Capital | $79,760 | -4.31% | 93 | $83,353 |
| 93. | PineBridge Investments | $79,317 | 14.46% | 102 | $69,295 |
| 94. | CC&L Financial Group | $78,324 | 18.22% | 104 | $66,252 |
| 95. | Hines | $76,287 | -1.61% | 96 | $77,538 |
| 96. | GCM Grosvenor | $73,774 | 4.76% | 101 | $70,419 |
| 97. | Fort Washington | $73,662 | 12.47% | 105 | $65,494 |
| 98. | PPM America | $73,111 | 2.28% | 99 | $71,479 |
| 99. | PNC Financial | $71,761 | 6.08% | 103 | $67,651 |
| 100. | William Blair | $66,047 | 20.14% | 108 | $54,977 |
| 101. | Oak Hill Advisors | $63,432 | 11.28% | 107 | $57,000 |
| 102. | Blackstone Alternative | $62,251 | |||
| 103. | Dai-ichi Life Holdings | $55,441 | -5.93% | 106 | $58,938 |
| 104. | PAG | $55,000 | 10.00% | 114 | $50,000 |
| 105. | Harrison Street | $54,924 | 5.69% | 112 | $51,966 |
| 106. | Adams Street Partners | $52,874 | 9.62% | 116 | $48,235 |
| 107. | GoldenTree Asset Mgmt. | $52,627 | 11.16% | 118 | $47,343 |
| 108. | Grantham, Mayo v. Otterloo | $52,234 | 1.10% | 113 | $51,666 |
| 109. | Ashmore Group | $52,000 | -5.11% | 110 | $54,800 |
| 110. | Sterling Capital | $51,120 | 7.40% | 117 | $47,599 |
| 111. | Heitman | $50,320 | -5.25% | 111 | $53,108 |
| 112. | Harris Associates | $50,265 | 1.52% | 115 | $49,512 |
| 113. | Nikko Asset Mgmt. | $49,166 | 6.02% | 121 | $46,376 |
| 114. | Mondrian Investment | $49,058 | 4.19% | 119 | $47,087 |
| 115. | Harbor Capital Advisors | $47,935 | 32.76% | 128 | $36,107 |
| 116. | Fisher Investments | $47,887 | 21.86% | 125 | $39,297 |
| 117. | Harding Loevner | $40,490 | -8.13% | 122 | $44,071 |
| 118. | Marathon-London | $39,027 | 1.35% | 127 | $38,507 |
| 119. | Pzena Investment | $38,415 | 21.92% | 133 | $31,509 |
| 120. | Causeway Capital | $36,427 | 16.29% | 134 | $31,325 |
| 121. | Aristotle Capital Mgmt. | $36,139 | 5.63% | 129 | $34,213 |
| 122. | Chandler Asset Mgmt. | $35,464 | |||
| 123. | Cohen & Steers | $34,937 | -10.04% | 126 | $38,837 |
| 124. | Los Angeles Capital | $34,581 | 23.25% | 140 | $28,058 |
| 125. | SECOR Asset Mgmt. | $34,366 | 1.47% | 130 | $33,867 |
| 126. | Callan | $34,233 | 121.99% | 177 | $15,421 |
| 127. | Hayfin Capital Mgmt. | $33,981 | 11.01% | 137 | $30,612 |
| 128. | MissionSquare Investments | $32,975 | 7.40% | 136 | $30,704 |
| 129. | PanAgora Asset Mgmt. | $32,730 | 2.49% | 132 | $31,935 |
| 130. | Stockbridge Capital Group | $31,943 | -3.19% | 131 | $32,995 |
| 131. | EARNEST Partners | $31,650 | 20.63% | 143 | $26,237 |
| 132. | ASB Capital Mgmt. | $29,727 | |||
| 133. | Jarislowsky Fraser | $29,586 | 9.18% | 142 | $27,098 |
| 134. | Shenkman Group | $29,129 | 6.06% | 141 | $27,465 |
| 135. | Parnassus Investments | $28,074 | 424.36% | 268 | $5,354 |
| 136. | Nomura Corporate Research | $27,969 | 23.37% | 152 | $22,671 |
| 137. | Scout Investments | $27,107 | 20.94% | 153 | $22,413 |
| 138. | Hotchkis & Wiley | $27,008 | 8.54% | 148 | $24,883 |
| 139. | Strategic Investment Group | $26,878 | 5.96% | 145 | $25,366 |
| 140. | Knights of Columbus Asset | $26,837 | 4.97% | 144 | $25,566 |
| 141. | Beutel, Goodman | $26,260 | 13.22% | 151 | $23,193 |
| 142. | Highland Associates | $24,790 | |||
| 143. | First Pacific Advisors | $24,602 | |||
| 144. | Kayne Anderson Rudnick | $24,425 | 23.73% | 160 | $19,740 |
| 145. | Polen Capital | $23,799 | 23.22% | 161 | $19,314 |
| 146. | Sustainable Growth Advisers | $23,675 | 30.35% | 163 | $18,163 |
| 147. | Rockpoint Group | $23,221 | -6.93% | 147 | $24,951 |
| 148. | Guardian Capital | $23,130 | 12.43% | 157 | $20,572 |
| 149. | AAM | $22,753 | -4.31% | 149 | $23,778 |
| 150. | PCCP | $22,496 | 8.97% | 156 | $20,645 |
| 151. | CIM Group | $22,134 | -5.84% | 150 | $23,506 |
| 152. | Calamos Advisors | $20,809 | -3.98% | 154 | $21,671 |
| 153. | Eagle Capital | $20,657 | 21.03% | 167 | $17,067 |
| 154. | Canyon Partners | $20,370 | 2.35% | 159 | $19,902 |
| 155. | Garcia Hamilton | $20,237 | 20.80% | 168 | $16,753 |
| 156. | Jacobs Levy Equity | $20,083 | 33.54% | 181 | $15,039 |
| 157. | Axiom Investors | $19,916 | 20.11% | 171 | $16,581 |
| 158. | CornerStone Partners | $19,914 | 72.16% | 203 | $11,567 |
| 159. | Cantillon Capital Mgmt. | $19,902 | 32.33% | 180 | $15,040 |
| 160. | ACORE Capital | $19,689 | -6.55% | 155 | $21,069 |
| 161. | Brandes Investment | $19,136 | 28.20% | 182 | $14,927 |
| 162. | Fuller & Thaler | $18,822 | 24.53% | 179 | $15,115 |
| 163. | Aristotle Pacific Capital | $18,292 | 20.81% | 178 | $15,141 |
| 164. | King Street Capital | $18,200 | 10.30% | 172 | $16,500 |
| 165. | TA Realty | $17,799 | -5.74% | 162 | $18,882 |
| 166. | Sprucegrove Investment | $17,219 | 2.81% | 169 | $16,748 |
| 167. | Champlain Investment | $17,111 | 8.35% | 175 | $15,793 |
| 168. | Westfield Capital | $16,938 | 32.42% | 196 | $12,791 |
| 169. | Longfellow Investment | $16,815 | 1.24% | 170 | $16,609 |
| 170. | Sage Advisory Services | $16,815 | 46.73% | 206 | $11,460 |
| 171. | Crestline Investors | $15,895 | 1.83% | 176 | $15,610 |
| 172. | Breckinridge Capital | $15,794 | 15.72% | 190 | $13,648 |
| 173. | Merganser Capital | $15,628 | 14.31% | $13,671 | |
| 174. | Driehaus Capital | $15,149 | 19.55% | 197 | $12,672 |
| 175. | Fayez Sarofim | $14,933 | 2.89% | 183 | $14,514 |
| 176. | Newfleet Asset Mgmt. | $14,768 | 87.55% | 238 | $7,874 |
| 177. | Beach Point Capital | $14,721 | 8.66% | 191 | $13,548 |
| 178. | Sit Investment | $14,583 | 3.27% | 184 | $14,121 |
| 179. | Beacon Capital | $14,161 | 1.53% | 188 | $13,947 |
| 180. | Eagle Asset Mgmt. | $13,954 | 8.59% | 195 | $12,850 |
| 181. | Segall Bryant & Hamill | $13,926 | 11.65% | 199 | $12,473 |
| 182. | Yousif Capital | $13,782 | 24.60% | 207 | $11,061 |
| 183. | Walton Street Capital | $13,330 | -4.61% | 187 | $13,974 |
| 184. | ARGA Investment | $13,299 | |||
| 185. | MFG Asset Mgmt. | $13,038 | -27.10% | 164 | $17,886 |
| 186. | Seix | $12,996 | |||
| 187. | DRA Advisors | $12,900 | |||
| 188. | Rockwood Capital | $12,892 | -7.04% | 189 | $13,868 |
| 189. | CenterSquare Investment | $12,808 | 2.14% | 198 | $12,540 |
| 190. | Commerce Trust | $12,554 | 13.73% | 208 | $11,038 |
| 191. | Capital Fund Mgmt. | $12,508 | 32.65% | 223 | $9,429 |
| 192. | Intercontinental Real Estate | $12,442 | -11.30% | 186 | $14,027 |
| 193. | Zacks Investment | $12,331 | 12.83% | 209 | $10,929 |
| 194. | Westbrook Partners | $12,189 | 6.18% | 204 | $11,480 |
| 195. | GW&K Investment | $11,924 | 3.05% | 202 | $11,571 |
| 196. | iM Global Partner | $11,787 | |||
| 197. | Polaris Capital | $11,775 | -5.19% | 200 | $12,419 |
| 198. | American Realty Advisors | $11,758 | -9.98% | 193 | $13,062 |
| 199. | Cooke & Bieler | $11,322 | 10.83% | 212 | $10,216 |
| 200. | Boston Trust Walden | $11,192 | |||
| 201. | Wilmington Trust | $10,801 | -93.46% | 58 | $165,219 |
| 202. | Ullico Investment | $10,792 | 12.00% | 219 | $9,636 |
| 203. | Pugh Capital | $10,786 | 8.62% | 216 | $9,930 |
| 204. | Christian Brothers | $10,703 | 16.84% | 227 | $9,160 |
| 205. | Brown Capital | $10,644 | 1.08% | 211 | $10,530 |
| 206. | London Co. | $10,520 | 9.30% | 220 | $9,625 |
| 207. | GAM | $10,358 | |||
| 208. | Jensen Investment | $10,273 | 1.36% | 214 | $10,135 |
| 209. | Mill Creek Residential | $10,155 | 2.58% | 217 | $9,900 |
| 210. | Frontier Capital | $10,103 | 8.73% | 226 | $9,292 |
| 211. | Burgundy Asset Mgmt. | $10,096 | 1.08% | 215 | $9,988 |
| 212. | Manning & Napier | $9,993 | 10.52% | 228 | $9,042 |
| 213. | Waterfall Asset Mgmt. | $9,900 | 5.63% | 224 | $9,372 |
| 214. | National Investment | $9,797 | 24.58% | 239 | $7,864 |
| 215. | Global Endowment Mgmt. | $9,695 | -1.32% | 218 | $9,825 |
| 216. | L&B Realty | $9,408 | -7.25% | 213 | $10,143 |
| 217. | Prima Capital Advisors | $9,281 | 19.05% | 241 | $7,796 |
| 218. | GAMCO Investors | $9,268 | -3.68% | 221 | $9,622 |
| 219. | Ramirez Asset Mgmt. | $9,165 | 6.92% | 232 | $8,572 |
| 220. | Luther King Capital | $9,061 | 39.61% | 255 | $6,490 |
| 221. | Agincourt Capital | $8,989 | 21.59% | 245 | $7,393 |
| 222. | Washington Capital | $8,808 | -0.55% | 230 | $8,857 |
| 223. | Intech | $8,795 | -48.59% | 166 | $17,107 |
| 224. | Diamond Hill Capital | $8,767 | 21.34% | 246 | $7,225 |
| 225. | Altrinsic Global Advisors | $8,525 | 1.01% | 233 | $8,440 |
| 226. | National Real Estate | $8,488 | 1.77% | 234 | $8,340 |
| 227. | TimesSquare Capital | $8,268 | -6.15% | 231 | $8,810 |
| 228. | CS McKee | $8,262 | 3.79% | 236 | $7,960 |
| 229. | Ariel Investments | $8,240 | -8.62% | 229 | $9,017 |
| 230. | Advent Capital | $8,228 | 1.78% | 235 | $8,084 |
| 231. | AGF Investments | $8,113 | 14.33% | 247 | $7,096 |
| 232. | Madison Investments | $7,823 | 48.47% | 271 | $5,269 |
| 233. | Silver Creek Capital | $7,710 | -0.01% | 243 | $7,711 |
| 234. | River Road Asset Mgmt. | $7,580 | -1.11% | 244 | $7,665 |
| 235. | LCM Partners | $7,573 | 14.21% | 251 | $6,631 |
| 236. | WEDGE Capital | $7,420 | -6.76% | 237 | $7,958 |
| 237. | Madison Realty | $7,401 | 11.98% | 252 | $6,609 |
| 238. | Alger | $7,259 | -6.66% | 242 | $7,777 |
| 239. | Sentinel Real Estate | $7,030 | -0.80% | 248 | $7,087 |
| 240. | Stephens Inv. Mgmt. Group | $6,876 | 23.38% | 265 | $5,573 |
| 241. | Silvercrest Asset Mgmt. | $6,697 | 1.47% | 253 | $6,600 |
| 242. | AFL-CIO Housing Trust | $6,559 | 8.86% | 258 | $6,025 |
| 243. | Davis Advisors | $6,540 | 15.79% | 263 | $5,648 |
| 244. | Matthews Asia | $6,412 | -32.33% | 222 | $9,476 |
| 245. | Torchlight Investors | $6,376 | 13.86% | 264 | $5,600 |
| 246. | Stone Harbor Investment | $6,371 | -41.69% | 210 | $10,927 |
| 247. | White Oak Global Advisors | $6,357 | -3.43% | 254 | $6,583 |
| 248. | Congress Asset Mgmt. | $6,345 | 17.59% | 267 | $5,396 |
| 249. | Equus Capital | $6,240 | -0.95% | 256 | $6,300 |
| 250. | Ceredex Value Advisors | $6,238 | -10.82% | 249 | $6,995 |
| 251. | Camden Asset Mgmt. | $6,204 | 18.26% | 273 | $5,246 |
| 252. | Corbin Capital | $6,026 | 4.53% | 259 | $5,765 |
| 253. | Gramercy | $5,932 | 19.36% | 277 | $4,970 |
| 254. | CoreCommodity | $5,915 | -11.48% | 250 | $6,682 |
| 255. | Hardman Johnston Global | $5,912 | -2.73% | 257 | $6,078 |
| 256. | City of London | $5,909 | 2.98% | 260 | $5,738 |
| 257. | Spider Mgmt. | $5,860 | 2.41% | 261 | $5,722 |
| 258. | TT International | $5,762 | -26.20% | 240 | $7,808 |
| 259. | Baird Equity Asset Mgmt. | $5,755 | 28.78% | 288 | $4,469 |
| 260. | Lyrical Asset Mgmt. | $5,678 | 11.75% | 276 | $5,081 |
| 261. | Glenmede Investment | $5,642 | 8.13% | 275 | $5,218 |
| 262. | Richmond Capital | $5,501 | 4.46% | 272 | $5,266 |
| 263. | Hildene Capital | $5,461 | |||
| 264. | Duff & Phelps | $5,400 | 14.55% | 282 | $4,714 |
| 265. | 400 Capital Mgmt. | $5,395 | 3.31% | 274 | $5,222 |
| 266. | Resource Mgmt. | $5,130 | 6.81% | 279 | $4,803 |
| 267. | Martingale Asset Mgmt. | $5,041 | -5.33% | 270 | $5,325 |
| 268. | LM Capital Group | $4,997 | 8.47% | 285 | $4,607 |
| 269. | Sierra Investment | $4,899 | 9.47% | 287 | $4,475 |
| 270. | Dana Investment | $4,823 | -9.55% | 269 | $5,332 |
| 271. | Johnson Asset Mgmt. | $4,820 | 3.97% | 284 | $4,636 |
| 272. | DePrince, Race & Zollo | $4,811 | 1.18% | 280 | $4,755 |
| 273. | D.F. Dent | $4,800 | -2.04% | 278 | $4,900 |
| 274. | Conestoga Capital | $4,728 | 2.78% | 286 | $4,600 |
| 275. | Forest Investment | $4,554 | 3.24% | 289 | $4,411 |
| 276. | Fiduciary Mgmt./Milwaukee | $4,500 | -4.60% | 281 | $4,717 |
| 277. | Carmel Partners | $4,469 | 1.64% | 290 | $4,397 |
| 278. | GlobeFlex Capital | $4,383 | 16.60% | 296 | $3,759 |
| 279. | Kennedy Capital | $4,341 | 30.91% | 303 | $3,316 |
| 280. | Todd Asset Mgmt. | $4,325 | 14.09% | 294 | $3,791 |
| 281. | Kornitzer Capital | $4,245 | 12.96% | 297 | $3,758 |
| 282. | Peregrine Capital | $4,171 | 9.48% | 293 | $3,810 |
| 283. | Bivium Capital | $4,129 | 55.11% | 323 | $2,662 |
| 284. | Emerald Advisers | $4,073 | 15.32% | 299 | $3,532 |
| 285. | Dalton Investments | $4,038 | 64.15% | 327 | $2,460 |
| 286. | Algert Global | $4,024 | 37.34% | 318 | $2,930 |
| 287. | Riverbridge Partners | $3,996 | 20.87% | 305 | $3,306 |
| 288. | Leading Edge Investment | $3,936 | 18.59% | 302 | $3,319 |
| 289. | Security Capital Research | $3,875 | 16.86% | 304 | $3,316 |
| 290. | Stacey Braun Associates | $3,825 | 13.64% | 301 | $3,366 |
| 291. | Hoisington Investment | $3,718 | -1.22% | 295 | $3,764 |
| 292. | Dolan McEniry | $3,628 | 11.32% | 308 | $3,259 |
| 293. | Zevenbergen Capital | $3,618 | 43.97% | 326 | $2,513 |
| 294. | TGM Associates | $3,526 | |||
| 295. | Barksdale Investment Mgmt. | $3,497 | |||
| 296. | Mar Vista Investment | $3,487 | 3.50% | 300 | $3,369 |
| 297. | Longpoint Partners | $3,451 | |||
| 298. | Channing Capital | $3,450 | 9.21% | 311 | $3,159 |
| 299. | Twin Bridge Capital | $3,440 | 9.38% | 313 | $3,145 |
| 300. | Metis Global Partners | $3,407 | |||
| 301. | Patron Capital | $3,398 | -5.06% | 298 | $3,579 |
| 302. | Angel Oak Capital | $3,343 | 3.08% | 309 | $3,243 |
| 303. | Hood River Capital | $3,287 | 36.28% | 328 | $2,412 |
| 304. | Systematic Financial | $3,247 | 8.38% | 316 | $2,996 |
| 305. | Aristotle Capital Boston | $3,032 | 0.07% | 315 | $3,030 |
| 306. | Granahan Investment | $3,032 | -7.08% | 307 | $3,263 |
| 307. | ClariVest Asset Mgmt. | $2,999 | -4.64% | 312 | $3,145 |
| 308. | Evanston Capital | $2,971 | -4.90% | 314 | $3,124 |
| 309. | Hillsdale Investment | $2,963 | 3.42% | 319 | $2,865 |
| 310. | Palisade Capital | $2,902 | -2.22% | 317 | $2,968 |
| 311. | Cliffwater | $2,885 | 2.82% | 185 | $2,806 |
| 312. | 3650 REIT | $2,727 | -2.50% | 321 | $2,797 |
| 313. | Trillium Asset Mgmt. | $2,707 | 12.56% | 329 | $2,405 |
| 314. | Belle Haven Investments | $2,664 | 286.09% | 381 | $690 |
| 315. | Verger Capital | $2,658 | 12.91% | 332 | $2,354 |
| 316. | GTIS Partners | $2,652 | -1.30% | 322 | $2,687 |
| 317. | Molpus Woodlands Group | $2,613 | -1.25% | 324 | $2,646 |
| 318. | Meadow Partners | $2,325 | |||
| 319. | Oberweis Asset Mgmt. | $2,297 | 5.90% | 335 | $2,169 |
| 320. | Winthrop Capital | $2,296 | -13.06% | 325 | $2,641 |
| 321. | EAM Investors | $2,295 | -3.08% | 331 | $2,368 |
| 322. | Zazove Associates | $2,245 | 11.75% | 336 | $2,009 |
| 323. | Timberland Inv. Resources | $2,204 | 11.54% | 338 | $1,976 |
| 324. | Silvant Capital | $2,172 | 28.37% | 346 | $1,692 |
| 325. | Sawgrass Asset Mgmt. | $2,120 | 7.67% | 339 | $1,969 |
| 326. | GIA Partners | $2,094 | -7.63% | 333 | $2,267 |
| 327. | Sound Shore Mgmt. | $2,077 | 12.03% | 343 | $1,854 |
| 328. | Weatherbie Capital | $2,017 | -8.73% | 334 | $2,210 |
| 329. | Wexford Capital | $2,000 | 0.00% | 337 | $2,000 |
| 330. | NewSouth Capital | $1,995 | 3.64% | 341 | $1,925 |
| 331. | SSI Investment | $1,829 | -5.92% | 340 | $1,944 |
| 332. | HS Management | $1,828 | 2.64% | 345 | $1,781 |
| 333. | Heartland Advisors | $1,809 | 18.00% | 354 | $1,533 |
| 334. | Smith Affiliated Capital | $1,796 | 42.20% | 363 | $1,263 |
| 335. | Genter Capital | $1,790 | 9.68% | 349 | $1,632 |
| 336. | Foundry Partners | $1,748 | -7.32% | 342 | $1,886 |
| 337. | KBS | $1,650 | -7.46% | 344 | $1,783 |
| 338. | Ranger Investments | $1,650 | 20.88% | 360 | $1,365 |
| 339. | Covenant Capital Group | $1,560 | -1.27% | 353 | $1,580 |
| 340. | Adelante Capital | $1,544 | 5.39% | 355 | $1,465 |
| 341. | Radcliffe Capital | $1,540 | |||
| 342. | Penn Capital | $1,516 | 9.14% | 359 | $1,389 |
| 343. | Edgar Lomax | $1,490 | -6.29% | 352 | $1,590 |
| 344. | Cornerstone Investment | $1,478 | 10.88% | 362 | $1,333 |
| 345. | Sarofim Realty | $1,431 | -10.23% | 351 | $1,594 |
| 346. | Quest Investment | $1,415 | 1.07% | 358 | $1,400 |
| 347. | AJOVista | $1,369 | |||
| 348. | Orleans Capital | $1,362 | 20.21% | 366 | $1,133 |
| 349. | CS Capital | $1,305 | 54.07% | 377 | $847 |
| 350. | Denali Advisors | $1,243 | 203.17% | 400 | $410 |
| 351. | Medalist Partners | $1,216 | 243.50% | 403 | $354 |
| 352. | Tributary Capital | $1,213 | 18.34% | 370 | $1,025 |
| 353. | Logan Capital | $1,204 | 1.18% | 364 | $1,190 |
| 354. | Karpus Investment | $1,198 | 12.91% | 368 | $1,061 |
| 355. | Associated Capital Group | $1,098 | -18.49% | 361 | $1,347 |
| 356. | Mairs & Power | $1,088 | 9.35% | 371 | $995 |
| 357. | Agilis | $1,061 | |||
| 358. | Granite Investment | $1,002 | 2.87% | 373 | $974 |
| 359. | Ativo Capital Mgmt. | $1,000 | 3.95% | 374 | $962 |
| 360. | StoneRidge PMG Advisors | $982 | -4.29% | 369 | $1,026 |
| 361. | Cramer Rosenthal McGlynn | $976 | -31.07% | 357 | $1,416 |
| 362. | Summit Creek Advisors | $967 | |||
| 363. | Sasco Capital | $911 | 5.20% | 376 | $866 |
| 364. | Thornburg Investment | $902 | -20.39% | 367 | $1,133 |
| 365. | Flaherty & Crumrine | $895 | |||
| 366. | TWIN Capital | $747 | -2.48% | 378 | $766 |
| 367. | Phocas Financial | $734 | 17.44% | 386 | $625 |
| 368. | Bridgeway Capital | $703 | -29.20% | 372 | $993 |
| 369. | Pier Capital | $702 | 14.33% | 388 | $614 |
| 370. | Van Hulzen Asset Mgmt. | $669 | 17.57% | 390 | $569 |
| 371. | Aristotle Credit Partners | $657 | 36.88% | 395 | $480 |
| 372. | Wright Investors' Service | $633 | 0.80% | 385 | $628 |
| 373. | Anchor Capital | $615 | -7.93% | 383 | $668 |
| 374. | SKBA Capital Mgmt. | $603 | 9.44% | 391 | $551 |
| 375. | GLOBALT | $565 | -4.40% | 389 | $591 |
| 376. | ST Capital | $504 | 0.40% | 393 | $502 |
| 377. | Farr, Miller & Washington | $492 | 6.72% | 397 | $461 |
| 378. | SouthernSun Asset Mgmt. | $486 | 8.48% | 398 | $448 |
| 379. | Redstone Advisors | $474 | -1.86% | 394 | $483 |
| 380. | Gifford Fong Associates | $472 | 7.76% | 399 | $438 |
| 381. | TerraCotta Group | $472 | 1.51% | 396 | $465 |
| 382. | AMI Asset Mgmt. | $451 | 17.45% | 402 | $384 |
| 383. | Montag & Caldwell | $390 | -42.82% | 382 | $682 |
| 384. | ACR Alpine Capital | $371 | |||
| 385. | Campbell Newman Asset | $367 | 18.77% | 406 | $309 |
| 386. | SMH Capital Advisors | $293 | 8.12% | 408 | $271 |
| 387. | Chicago Capital | $290 | 32.42% | 410 | $219 |
| 388. | Argent Capital | $289 | 22.98% | 409 | $235 |
| 389. | Bridge City | $242 | 32.97% | 414 | $182 |
| 390. | Osborne Partners | $224 | 10.34% | 411 | $203 |
| 391. | Gateway Investment | $216 | -24.74% | 407 | $287 |
| 392. | Strategy Asset Managers | $198 | 11.86% | 415 | $177 |
| 393. | Abner, Herrman & Brock | $197 | 42.75% | 422 | $138 |
| 394. | Winslow Asset Mgmt. | $187 | 19.11% | 418 | $157 |
| 395. | Kingdon Capital | $181 | 8.38% | 416 | $167 |
| 396. | NovaPoint Capital | $171 | 24.82% | 423 | $137 |
| 397. | Matrix Asset Advisors | $150 | |||
| 398. | Oak Associates | $150 | -25.37% | 412 | $201 |
| 399. | Teton Advisors | $117 | -18.75% | 421 | $144 |
| 400. | Flippin, Bruce & Porter | $98 | -21.60% | 425 | $125 |
| 401. | Kestrel Investment | $88 | 14.29% | 426 | $77 |
| 402. | Capital Mgmt. | $82 | |||
| 403. | Tom Johnson Investment | $78 | 5.41% | 427 | $74 |
| 404. | Argus Investors' Counsel | $70 | 18.64% | 428 | $59 |
| 405. | Robinson Value Mgmt. | $55 | 34.15% | 430 | $41 |
| 406. | Hahn Capital | $49 | -68.18% | 419 | $154 |
| 407. | Branson, Fowlkes/Russell | $46 | 12.20% | 429 | $41 |
| 408. | Nicholas Co. | $30 | 15.38% | 432 | $26 |
| 409. | Bernzott Capital | $17 | |||
| 410. | Paradigm Capital | $12 | -91.11% | 424 | $135 |
| 411. | Cadinha | $10 | -60.00% | 433 | $25 |
| Total | $55,234,865 | 12.95% | $48,903,079 |