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

Institutional Holders (2015Q2)
Portfolio Summary: 66 Institutional holders with a total value of $79,791,123.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 Alpine Global Management, LLC 19 1,000 0.00%
2 Jefferies Group LLC 61 2,000 0.00%
3 BARCLAYS PLC 95 3,000 0.00%
4 BANK OF AMERICA CORP /DE/ 173 6,000 0.01%
5 Tower Research Capital LLC (TRC) 250 8,000 0.01%
6 ROYAL BANK OF CANADA 351 12,000 0.02%
7 BNP PARIBAS FINANCIAL MARKETS 414 13,691 0.02%
8 EARNEST PARTNERS LLC 500 17,000 0.02%
9 CITIGROUP INC 750 24,000 0.03%
10 Community Financial Services Group, LLC 1,012 33,000 0.04%
11 Highlander Capital Management, LLC 1,000 33,000 0.04%
12 PANAGORA ASSET MANAGEMENT INC 1,218 40,000 0.05%
13 WELLS FARGO & COMPANY/MN 1,450 48,000 0.06%
14 UBS Group AG 1,894 62,000 0.08%
15 PNC FINANCIAL SERVICES GROUP, INC. 2,000 66,000 0.08%
16 Brandywine Global Investment Management, LLC 2,010 67,000 0.08%
17 PRELUDE CAPITAL MANAGEMENT, LLC 2,200 73,000 0.09%
18 AMERICAN INTERNATIONAL GROUP, INC. 2,916 96,432 0.12%
19 MORGAN STANLEY 3,461 114,000 0.14%
20 BLACKROCK ADVISORS LLC 3,569 118,000 0.15%
21 Nationwide Fund Advisors 3,802 126,000 0.16%
22 NEW YORK STATE COMMON RETIREMENT FUND 5,531 183,000 0.23%
23 BANC FUNDS CO LLC 5,801 192,000 0.24%
24 FIRST MANHATTAN CO. LLC. 6,000 198,000 0.25%
25 PRUDENTIAL FINANCIAL INC 6,177 204,000 0.26%
26 DEUTSCHE BANK AG\ 6,963 229,000 0.29%
27 RHUMBLINE ADVISERS 6,948 230,000 0.29%
28 TEACHERS ADVISORS, LLC 7,144 236,000 0.30%
29 TRUST CO OF VERMONT 7,192 238,000 0.30%
30 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 7,674 254,000 0.32%
31 Community Bank, N.A. 7,750 256,000 0.32%
32 SALZHAUER MICHAEL 8,360 276,000 0.35%
33 Hanson & Doremus Investment Management 9,022 298,000 0.37%
34 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 9,086 300,000 0.38%
35 CORNERSTONE CAPITAL MANAGEMENT HOLDINGS LLC. 10,500 347,000 0.43%
36 STRS OHIO 10,700 353,000 0.44%
37 WEDGE CAPITAL MANAGEMENT L L P/NC 10,900 360,000 0.45%
38 Amica Retiree Medical Trust 11,393 377,000 0.47%
39 FMR LLC 11,410 377,000 0.47%
40 THOMASPARTNERS, INC. 13,459 445,000 0.56%
41 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 13,596 450,000 0.56%
42 PARAMETRIC PORTFOLIO ASSOCIATES LLC 16,931 560,000 0.70%
43 Invesco Ltd. 18,150 600,000 0.75%
44 BlackRock Investment Management, LLC 18,554 614,000 0.77%
45 TIAA CREF INVESTMENT MANAGEMENT LLC 20,684 684,000 0.86%
46 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 24,100 797,000 1.00%
47 Bank of New York Mellon Corp 41,193 1,362,000 1.71%
48 RENAISSANCE TECHNOLOGIES LLC 41,600 1,376,000 1.72%
49 PRENTISS SMITH & CO INC 43,764 1,447,000 1.81%
50 BRIDGEWAY CAPITAL MANAGEMENT, LLC 44,000 1,455,000 1.82%
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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.