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Institutional Investment Manager
Ativo Capital Management LLC
Ativo Capital Management LLC (CIK: 0001423065) incorporated in Delaware, located at 120 N Lasalle Street, Chicago, IL. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q4)
Portfolio Summary: 196 holdings with a total value of $399,241,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 KOREA ELECTRIC PWR 119,682 2,534,000 0.63% SH
52 COLLIERS INTL GROUP INC 56,442 2,514,000 0.63% SH
53 NOVARTIS A G 29,182 2,511,000 0.63% SH
54 BT GROUP PLC 70,388 2,436,000 0.61% SH
55 DIAGEO P L C 22,327 2,435,000 0.61% SH
56 SILICON MOTION TECHN 76,445 2,397,000 0.60% SH
57 CHECK POINT SOFTWARE TECH LT 28,336 2,306,000 0.58% SH
58 BRITISH AMERN TOB PLC 20,567 2,272,000 0.57% SH
59 Mizuho Financial Group 553,000 2,234,000 0.56% SH
60 ABB LTD 118,952 2,109,000 0.53% SH
61 MITSUBISHI UFJ FINL GROUP INCORPORATED SPONSORED ADR 331,656 2,063,000 0.52% SH
62 STANLEY BLACK &DECKER INC 18,134 1,935,000 0.48% SH
63 BALL CORP 26,323 1,914,000 0.48% SH
64 LEAR CORP 15,555 1,911,000 0.48% SH
65 FACTSET RESH SYS INC 11,230 1,826,000 0.46% SH
66 HONEYWELL INTL INC 17,000 1,761,000 0.44% SH
67 HENRY SCHEIN INC 11,011 1,742,000 0.44% SH
68 GARTNER INC 19,019 1,725,000 0.43% SH
69 AMSURG CORP 22,350 1,699,000 0.43% SH
70 HARRIS CORP 19,500 1,695,000 0.42% SH
71 ECOLAB INC 14,800 1,693,000 0.42% SH
72 HENRY JACK & ASSOC INC 21,521 1,680,000 0.42% SH
73 TOTAL SYS SVCS INC 33,632 1,675,000 0.42% SH
74 AMTRUST FINL SVCS INC 26,925 1,658,000 0.42% SH
75 NEWELL BRANDS 37,480 1,652,000 0.41% SH
76 VISA INC 21,001 1,629,000 0.41% SH
77 SYNOPSYS INC 35,034 1,598,000 0.40% SH
78 TRAVELERS COMPANIES INC 14,033 1,584,000 0.40% SH
79 EVEREST RE GROUP LTD 8,469 1,551,000 0.39% SH
80 AMETEK INC NEW 28,631 1,534,000 0.38% SH
81 MOTOROLA SOLUTIONS INC 22,350 1,530,000 0.38% SH
82 TEXAS INSTRS INC 27,000 1,480,000 0.37% SH
83 CISCO SYS INC 54,501 1,480,000 0.37% SH
84 COMCAST CORP NEW 26,001 1,467,000 0.37% SH
85 UGI CORP NEW 42,866 1,447,000 0.36% SH
86 AVG Technologies NV 72,124 1,446,000 0.36% SH
87 S&P GLOBAL INC 14,600 1,439,000 0.36% SH
88 DUN & BRADSTREET CORP DEL NE 13,515 1,405,000 0.35% SH
89 DELUXE CORP COM 25,248 1,377,000 0.34% SH
90 VERIZON COMMUNICATIONS INC 29,100 1,345,000 0.34% SH
91 LAZARD LTD 29,301 1,319,000 0.33% SH
92 ORACLE CORP 34,111 1,246,000 0.31% SH
93 DESCARTES SYS GROUP INC 59,000 1,185,000 0.30% SH
94 NETEASE INC 6,481 1,175,000 0.29% SH
95 SILICONWARE PRECISION INDS L 129,774 1,006,000 0.25% SH
96 WNS HOLDINGS LTD 30,435 949,000 0.24% SH
97 WIPRO LIMITED SPON ADR 1 SH 77,500 894,000 0.22% SH
98 ZAGG INCORPORATED 65,435 716,000 0.18% SH
99 ALLIED MOTION TECHNOLOGIES 27,261 714,000 0.18% SH
100 INFOSYS LTD 41,713 699,000 0.18% SH
Page 2 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Restatement filing (0001423065-16-000015, filed 2016.02.17).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.