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MERCHANTS BANCSHARES COM
MERCHANTS BANCSHARES COM. Institutional holdings reported to the SEC.

Institutional Holders (2014Q1)
Portfolio Summary: 70 Institutional holders with a total value of $72,251,771.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 AMERIPRISE FINANCIAL INC 289,226 9,432,000 13.05%
2 BlackRock Institutional Trust Company, N.A. 247,546 8,072,000 11.17%
3 DIMENSIONAL FUND ADVISORS LP 217,239 7,084,000 9.80%
4 BlackRock Fund Advisors 161,938 5,281,000 7.31%
5 VANGUARD GROUP INC 140,772 4,591,000 6.35%
6 CASTINE CAPITAL MANAGEMENT, LLC 93,713 3,056,000 4.23%
7 NORTHERN TRUST CORP 82,219 2,681,000 3.71%
8 STATE STREET CORP 81,890 2,670,000 3.70%
9 LSV ASSET MANAGEMENT 59,626 1,944,000 2.69%
10 WELLINGTON MANAGEMENT GROUP LLP 55,756 1,818,000 2.52%
11 Monarch Partners Asset Management LLC 55,377 1,806,000 2.50%
12 Clean Yield Group 53,423 1,742,000 2.41%
13 CRAWFORD INVESTMENT COUNSEL INC 47,998 1,565,000 2.17%
14 GEODE CAPITAL MANAGEMENT, LLC 47,994 1,565,000 2.17%
15 Bank of New York Mellon Corp 42,287 1,379,000 1.91%
16 AMICA MUTUAL INSURANCE CO 35,940 1,172,000 1.62%
17 BRIDGEWAY CAPITAL MANAGEMENT, LLC 34,000 1,109,000 1.53%
18 SEIDMAN LAWRENCE B 32,400 1,057,000 1.46%
19 PRENTISS SMITH & CO INC 29,109 949,000 1.31%
20 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 30,600 949,000 1.31%
21 TIAA CREF INVESTMENT MANAGEMENT LLC 27,024 881,000 1.22%
22 RENAISSANCE TECHNOLOGIES LLC 25,600 835,000 1.16%
23 FMR LLC 21,650 706,000 0.98%
24 Invesco Ltd. 21,633 705,000 0.98%
25 AMICA PENSION FUND BOARD OF TRUSTEES 21,483 701,000 0.97%
26 BlackRock Investment Management, LLC 19,776 645,000 0.89%
27 DEUTSCHE BANK AG\ 14,422 469,000 0.65%
28 JPMORGAN CHASE & CO 13,775 450,000 0.62%
29 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 13,596 444,000 0.61%
30 CORNERCAP INVESTMENT COUNSEL INC 12,690 414,000 0.57%
31 CORNERSTONE CAPITAL MANAGEMENT HOLDINGS LLC. 11,800 385,000 0.53%
32 MESIROW FINANCIAL INVESTMENT MANAGEMENT - Fixed Income 10,455 341,000 0.47%
33 PRUDENTIAL FINANCIAL INC 10,277 335,000 0.46%
34 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 10,106 330,000 0.46%
35 STRS OHIO 9,900 323,000 0.45%
36 Hanson & Doremus Investment Management 9,722 317,000 0.44%
37 MORGAN STANLEY 8,817 288,000 0.40%
38 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 8,722 284,000 0.39%
39 PANAGORA ASSET MANAGEMENT INC 8,523 278,000 0.38%
40 Nationwide Fund Advisors 8,080 263,000 0.36%
41 COMMUNITY FINANCIAL SYSTEM, INC. 7,750 253,000 0.35%
42 TRUST CO OF VERMONT 7,192 235,000 0.33%
43 GENERAL MOTORS INVESTMENT MANAGEMENT CORP 7,184 234,000 0.32%
44 VOYA INVESTMENT MANAGEMENT LLC 6,817 222,000 0.31%
45 TEACHERS ADVISORS, LLC 6,715 219,000 0.30%
46 RHUMBLINE ADVISERS 6,698 218,000 0.30%
47 ALLIANCEBERNSTEIN L.P. 6,650 217,000 0.30%
48 FIRST MANHATTAN CO. LLC. 6,000 195,000 0.27%
49 BLACKROCK ADVISORS LLC 4,131 135,000 0.19%
50 AMERICAN INTERNATIONAL GROUP, INC. 3,813 124,342 0.17%
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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.