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EXCEL TR INC
EXCEL TR INC. Institutional holdings reported to the SEC.

Institutional Holders (2015Q1)
Portfolio Summary: 128 Institutional holders with a total value of $740,628,945.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 FMR LLC 9,068,616 127,142,000 17.17%
2 VANGUARD GROUP INC 6,764,056 94,832,000 12.80%
3 JPMORGAN CHASE & CO 3,270,233 45,848,000 6.19%
4 Forward Management, LLC 2,381,148 33,383,000 4.51%
5 BlackRock Institutional Trust Company, N.A. 2,192,225 30,735,000 4.15%
6 FRANKLIN RESOURCES INC 2,122,955 29,764,000 4.02%
7 PRIVATE MANAGEMENT GROUP INC 1,921,107 26,934,000 3.64%
8 Nuveen Asset Management, LLC 1,801,983 25,264,000 3.41%
9 SYSTEMATIC FINANCIAL MANAGEMENT LP 1,765,673 24,754,000 3.34%
10 BlackRock Fund Advisors 1,659,597 23,268,000 3.14%
11 Neuberger Berman Group LLC 1,646,391 23,082,000 3.12%
12 Bank of New York Mellon Corp 1,547,917 21,701,000 2.93%
13 Clearbridge Investments, LLC 1,258,460 17,644,000 2.38%
14 STATE STREET CORP 1,104,206 15,483,000 2.09%
15 TEACHERS ADVISORS, LLC 935,082 13,110,000 1.77%
16 NORTHERN TRUST CORP 845,825 11,859,000 1.60%
17 AMERICAN CENTURY COMPANIES INC 722,654 10,132,000 1.37%
18 Crow Point Partners, LLC 700,000 9,814,000 1.33%
19 MILLENNIUM MANAGEMENT LLC 692,048 9,703,000 1.31%
20 Boston Partners 635,930 8,916,000 1.20%
21 DIMENSIONAL FUND ADVISORS LP 627,168 8,793,000 1.19%
22 PRUDENTIAL FINANCIAL INC 549,829 7,709,000 1.04%
23 D. E. Shaw & Co., Inc. 486,143 6,815,000 0.92%
24 Opus Capital Group, LLC 447,245 6,270,000 0.85%
25 MANNING & NAPIER ADVISORS LLC 436,219 6,114,000 0.83%
26 BlackRock Group LTD 399,214 5,597,000 0.76%
27 Invesco Ltd. 387,352 5,431,000 0.73%
28 GEODE CAPITAL MANAGEMENT, LLC 379,651 5,322,000 0.72%
29 RENAISSANCE TECHNOLOGIES LLC 295,300 4,140,000 0.56%
30 TIAA CREF INVESTMENT MANAGEMENT LLC 251,143 3,521,000 0.48%
31 ALLIANCEBERNSTEIN L.P. 230,254 3,228,000 0.44%
32 CITADEL ADVISORS LLC 219,346 3,076,000 0.42%
33 LAZARD ASSET MANAGEMENT LLC 218,500 3,063,000 0.41%
34 NEW YORK STATE COMMON RETIREMENT FUND 210,625 2,953,000 0.40%
35 BlackRock Investment Management, LLC 207,836 2,914,000 0.39%
36 Asset Management One Co., Ltd. 199,296 2,800,000 0.38%
37 FIC CAPITAL INC 198,334 2,781,000 0.38%
38 SHIKIAR ASSET MANAGEMENT INC 183,371 2,571,000 0.35%
39 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 182,732 2,562,000 0.35%
40 GUGGENHEIM CAPITAL LLC 175,532 2,462,000 0.33%
41 SECURIAN ASSET MANAGEMENT, INC 153,658 2,154,000 0.29%
42 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 148,550 2,083,000 0.28%
43 CREDIT SUISSE AG/ 147,331 2,066,000 0.28%
44 TEACHERS INSURANCE & ANNUITY ASSOCIATION OF AMERICA 140,758 1,973,000 0.27%
45 SILVERCREST ASSET MANAGEMENT GROUP LLC 123,160 1,727,000 0.23%
46 RMR Advisors LLC 113,568 1,592,000 0.21%
47 VIRGINIA RETIREMENT SYSTEMS ET Al 113,000 1,584,000 0.21%
48 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 111,871 1,568,000 0.21%
49 STRS OHIO 105,794 1,483,000 0.20%
50 Legal & General Group Plc 95,157 1,334,000 0.18%
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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.