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

Institutional Holders (2016Q3)
Portfolio Summary: 69 Institutional holders with a total value of $86,868,874.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 CASTINE CAPITAL MANAGEMENT, LLC 383,655 12,427,000 14.31%
2 BlackRock Institutional Trust Company, N.A. 243,634 7,891,000 9.08%
3 DIMENSIONAL FUND ADVISORS LP 236,962 7,675,000 8.84%
4 AMERIPRISE FINANCIAL INC 192,391 6,231,000 7.17%
5 BlackRock Fund Advisors 164,349 5,323,000 6.13%
6 VANGUARD GROUP INC 152,924 4,953,000 5.70%
7 MANUFACTURERS LIFE INSURANCE COMPANY, THE 144,531 4,681,000 5.39%
8 AMICA MUTUAL INSURANCE CO 116,166 3,763,000 4.33%
9 RENAISSANCE TECHNOLOGIES LLC 83,900 2,718,000 3.13%
10 STATE STREET CORP 83,550 2,702,000 3.11%
11 NORTHERN TRUST CORP 78,205 2,533,000 2.92%
12 AMICA PENSION FUND BOARD OF TRUSTEES 73,114 2,368,000 2.73%
13 CRAWFORD INVESTMENT COUNSEL INC 67,725 2,194,000 2.53%
14 LSV ASSET MANAGEMENT 62,965 2,039,000 2.35%
15 GEODE CAPITAL MANAGEMENT, LLC 61,269 1,984,000 2.28%
16 Clean Yield Group 56,602 1,833,000 2.11%
17 BANC FUNDS CO LLC 54,212 1,756,000 2.02%
18 PRENTISS SMITH & CO INC 31,679 1,026,000 1.18%
19 Bank of New York Mellon Corp 29,708 962,000 1.11%
20 DEUTSCHE BANK AG\ 26,572 859,000 0.99%
21 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 24,100 781,000 0.90%
22 TDAM USA INC. 23,470 760,000 0.87%
23 BlackRock Investment Management, LLC 23,020 746,000 0.86%
24 TIAA CREF INVESTMENT MANAGEMENT LLC 19,715 639,000 0.74%
25 KEYBANK NATIONAL ASSOCIATION/OH 16,667 540,000 0.62%
26 WELLINGTON MANAGEMENT GROUP LLP 14,610 473,000 0.54%
27 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 13,596 441,000 0.51%
28 TRUST CO OF VERMONT 12,252 396,000 0.46%
29 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 12,167 394,000 0.45%
30 PARAMETRIC PORTFOLIO ASSOCIATES LLC 12,020 389,000 0.45%
31 Amica Retiree Medical Trust 11,393 369,000 0.42%
32 CORNERSTONE CAPITAL MANAGEMENT HOLDINGS LLC. 11,251 364,000 0.42%
33 STRS OHIO 11,200 362,000 0.42%
34 MARTINGALE ASSET MANAGEMENT L P 10,554 342,000 0.39%
35 FMR LLC 10,000 324,000 0.37%
36 Hanson & Doremus Investment Management 9,222 299,000 0.34%
37 WEDGE CAPITAL MANAGEMENT L L P/NC 9,100 295,000 0.34%
38 TEACHERS ADVISORS, LLC 8,396 272,000 0.31%
39 Community Bank, N.A. 7,750 251,000 0.29%
40 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 7,674 249,000 0.29%
41 CANANDAIGUA NATIONAL BANK & TRUST CO 7,647 248,000 0.29%
42 MORGAN STANLEY 7,561 245,000 0.28%
43 RHUMBLINE ADVISERS 6,927 224,000 0.26%
44 NEW YORK STATE COMMON RETIREMENT FUND 6,900 223,000 0.26%
45 FIRST MANHATTAN CO. LLC. 6,000 194,000 0.22%
46 Nationwide Fund Advisors 4,188 136,000 0.16%
47 BLACKROCK ADVISORS LLC 3,813 124,000 0.14%
48 AMERICAN INTERNATIONAL GROUP, INC. 3,318 107,470 0.12%
49 BESSEMER GROUP INC 2,900 94,000 0.11%
50 Brandywine Global Investment Management, LLC 2,810 92,000 0.11%
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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.