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ECOLAB INC
ECOLAB INC. Institutional holdings reported to the SEC.

Institutional Holders (2014Q1)
Portfolio Summary: 746 Institutional holders with a total value of $24,529,673,333.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 PRICE T ROWE ASSOCIATES INC /MD/ 20,708,505 2,236,311,000 9.12%
2 VANGUARD GROUP INC 16,011,547 1,729,087,000 7.05%
3 STATE STREET CORP 12,618,260 1,362,639,000 5.56%
4 EAGLE CAPITAL MANAGEMENT LLC 9,835,930 1,062,182,000 4.33%
5 FMR LLC 8,205,420 886,103,000 3.61%
6 BlackRock Institutional Trust Company, N.A. 7,040,983 760,356,000 3.10%
7 BROWN ADVISORY INC 6,037,255 651,963,000 2.66%
8 WELLINGTON MANAGEMENT GROUP LLP 5,375,521 580,503,000 2.37%
9 DAVIS SELECTED ADVISERS 4,585,043 495,139,000 2.02%
10 GATES FOUNDATION TRUST 4,366,425 471,530,000 1.92%
11 NORTHERN TRUST CORP 3,637,123 392,773,000 1.60%
12 Winslow Capital Management, LLC 3,337,521 360,419,000 1.47%
13 BlackRock Fund Advisors 3,160,160 341,266,000 1.39%
14 Bank of New York Mellon Corp 3,001,681 324,152,000 1.32%
15 FRANKLIN RESOURCES INC 2,991,183 323,019,000 1.32%
16 JPMORGAN CHASE & CO 2,892,218 312,331,000 1.27%
17 JANUS HENDERSON INVESTORS US LLC 2,776,802 299,867,000 1.22%
18 EDGEWOOD MANAGEMENT LLC 2,554,849 275,898,000 1.12%
19 CANTILLON CAPITAL MANAGEMENT LLC 2,539,117 274,199,000 1.12%
20 JENSEN INVESTMENT MANAGEMENT INC 2,500,130 269,989,000 1.10%
21 NORGES BANK 2,473,310 267,093,000 1.09%
22 BlackRock Group LTD 2,414,124 260,702,000 1.06%
23 WELLS FARGO & COMPANY/MN 2,154,007 232,608,000 0.95%
24 AMUNDI ASSET MANAGEMENT US, INC. 2,139,855 231,083,000 0.94%
25 BANK OF AMERICA CORP /DE/ 2,029,635 219,179,000 0.89%
26 MAIRS & POWER INC 2,022,934 218,457,000 0.89%
27 TimesSquare Capital Management, LLC 1,917,871 207,111,000 0.84%
28 GEODE CAPITAL MANAGEMENT, LLC 1,913,170 206,511,000 0.84%
29 ALLIANCEBERNSTEIN L.P. 1,756,329 189,665,000 0.77%
30 Sarasin & Partners LLP 1,727,638 186,568,000 0.76%
31 Aristotle Capital Management, LLC 1,560,269 168,493,000 0.69%
32 DEUTSCHE BANK AG\ 1,488,110 160,694,000 0.66%
33 GOLDMAN SACHS GROUP INC 1,438,390 155,331,000 0.63%
34 PICTET ASSET MANAGEMENT LTD 1,279,311 138,153,000 0.56%
35 Sustainable Growth Advisers, LP 1,267,093 136,833,000 0.56%
36 Legal & General Group Plc 1,251,031 135,037,000 0.55%
37 BLAIR WILLIAM & CO/IL 1,214,394 131,142,000 0.53%
38 JENNISON ASSOCIATES LLC 1,137,700 122,860,000 0.50%
39 DF DENT & CO INC 1,102,159 119,022,000 0.49%
40 US BANCORP \DE\ 1,088,425 117,539,000 0.48%
41 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 1,051,178 113,516,000 0.46%
42 MUNDER CAPITAL MANAGEMENT 1,049,589 113,345,000 0.46%
43 TIAA CREF INVESTMENT MANAGEMENT LLC 1,009,477 109,013,000 0.44%
44 WESTFIELD CAPITAL MANAGEMENT CO LP 988,085 106,703,000 0.43%
45 Clearbridge Investments, LLC 976,736 105,478,000 0.43%
46 MANAGED ACCOUNT ADVISORS LLC 907,407 97,991,000 0.40%
47 BlackRock Finance, Inc. 880,201 95,053,000 0.39%
48 NEW YORK STATE COMMON RETIREMENT FUND 878,902 94,913,000 0.39%
49 MORGAN STANLEY 878,840 94,906,000 0.39%
50 PRINCIPAL FINANCIAL GROUP INC 848,228 91,600,000 0.37%
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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.