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

Institutional Holders (2014Q2)
Portfolio Summary: 760 Institutional holders with a total value of $25,030,506,906.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 PRICE T ROWE ASSOCIATES INC /MD/ 20,256,912 2,255,405,000 9.01%
2 VANGUARD GROUP INC 16,410,723 1,827,170,000 7.30%
3 STATE STREET CORP 12,839,124 1,429,511,000 5.71%
4 EAGLE CAPITAL MANAGEMENT LLC 9,848,192 1,096,498,000 4.38%
5 FMR LLC 7,909,790 880,675,000 3.52%
6 BlackRock Institutional Trust Company, N.A. 7,070,786 787,261,000 3.15%
7 BROWN ADVISORY INC 5,978,453 665,641,000 2.66%
8 WELLINGTON MANAGEMENT GROUP LLP 5,230,844 582,402,000 2.33%
9 GATES FOUNDATION TRUST 4,366,425 486,158,000 1.94%
10 DAVIS SELECTED ADVISERS 4,264,985 474,796,000 1.90%
11 NORTHERN TRUST CORP 3,669,886 408,605,000 1.63%
12 JPMORGAN CHASE & CO 3,308,850 368,407,000 1.47%
13 BlackRock Fund Advisors 3,277,882 364,959,000 1.46%
14 Winslow Capital Management, LLC 3,238,886 360,618,000 1.44%
15 FRANKLIN RESOURCES INC 2,975,368 331,278,000 1.32%
16 JANUS HENDERSON INVESTORS US LLC 2,772,702 308,713,000 1.23%
17 Bank of New York Mellon Corp 2,726,301 303,547,000 1.21%
18 CANTILLON CAPITAL MANAGEMENT LLC 2,542,945 283,132,000 1.13%
19 EDGEWOOD MANAGEMENT LLC 2,456,913 273,553,000 1.09%
20 JENSEN INVESTMENT MANAGEMENT INC 2,417,220 269,133,000 1.08%
21 NORGES BANK 2,328,509 259,256,000 1.04%
22 BANK OF AMERICA CORP /DE/ 2,251,826 250,719,000 1.00%
23 MAIRS & POWER INC 2,245,013 249,960,000 1.00%
24 WELLS FARGO & COMPANY/MN 2,136,957 237,930,000 0.95%
25 AMUNDI ASSET MANAGEMENT US, INC. 2,092,376 232,964,000 0.93%
26 DEUTSCHE BANK AG\ 2,006,044 223,345,000 0.89%
27 GEODE CAPITAL MANAGEMENT, LLC 1,898,529 211,249,000 0.84%
28 TimesSquare Capital Management, LLC 1,894,981 210,987,000 0.84%
29 BlackRock Group LTD 1,858,335 206,907,000 0.83%
30 ALLIANCEBERNSTEIN L.P. 1,700,434 189,327,000 0.76%
31 Sarasin & Partners LLP 1,684,095 187,507,000 0.75%
32 Aristotle Capital Management, LLC 1,596,325 177,735,000 0.71%
33 Clearbridge Investments, LLC 1,497,804 166,765,000 0.67%
34 Legal & General Group Plc 1,255,316 139,727,000 0.56%
35 PICTET ASSET MANAGEMENT LTD 1,207,167 134,406,000 0.54%
36 Sustainable Growth Advisers, LP 1,200,094 133,619,000 0.53%
37 Invesco Ltd. 1,165,344 129,749,000 0.52%
38 BLAIR WILLIAM & CO/IL 1,158,950 129,037,000 0.52%
39 DF DENT & CO INC 1,091,250 121,500,000 0.49%
40 US BANCORP \DE\ 1,069,622 119,092,000 0.48%
41 MUNDER CAPITAL MANAGEMENT 1,067,822 118,891,000 0.47%
42 GOLDMAN SACHS GROUP INC 1,063,816 118,445,000 0.47%
43 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 1,062,068 118,251,000 0.47%
44 TIAA CREF INVESTMENT MANAGEMENT LLC 993,019 110,563,000 0.44%
45 JENNISON ASSOCIATES LLC 985,585 109,735,000 0.44%
46 MORGAN STANLEY 900,013 100,208,000 0.40%
47 PRINCIPAL FINANCIAL GROUP INC 857,908 95,519,000 0.38%
48 ADAGE CAPITAL PARTNERS GP, L.L.C. 853,138 94,989,000 0.38%
49 MCDONALD CAPITAL INVESTORS INC/CA 846,953 94,300,000 0.38%
50 EATON VANCE MANAGEMENT 818,058 91,083,000 0.36%
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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.