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What exactly is the Technosphere® Platform?

NTM Lung Disease on the Rise

Institutional Shareholder Rotation

Table of Institutional Shareholder Rotation
Shareholder Holders Value Chg ($MM) % O/S Share Change
Buyers 155 130.68 17.04 52,660,310
Sellers 179 -147.60 18.23 -56,327,273
Net -16.92 1.19 -3,666,963
Buyers
Holders:
155
Value ($MM):
130.68
% O/S:
17.04
Shares Change:
52,660,310
Sellers
Holders:
179
Value ($MM):
-147.60
% O/S:
18.23
Shares Change:
-56,327,273
Net
Holders:
Value ($MM):
-16.92
% O/S:
1.19
Shares Change:
-3,666,963

Institutional Shareholder Concentration

Table of Institutional Shareholder Concentration
Concentration Value ($MM) % O/S Shares
Top 10 Inst. 239.34 31.62 97,687,800
Top 20 Inst. 315.90 41.73 128,938,838
Top 50 Inst. 402.62 52.78 163,077,896
Total Inst. 470.36 60.93 188,232,850
Top 10 Inst.:
Value ($MM):
239.34
% O/S:
31.62
Shares:
97,687,800
Top 20 Inst.:
Value ($MM):
315.90
% O/S:
41.73
Shares:
128,938,838
Top 50 Inst.:
Value ($MM):
402.62
% O/S:
52.78
Shares:
163,077,896
Total Inst.:
Value ($MM):
470.36
% O/S:
60.93
Shares:
188,232,850

Institutional Shareholder Style

Table of Institutional Shareholder Style
Style Holders Value ($MM) Inst Shares: Shares
Growth 61 25.87 3.35 10,357,233
Aggressive Growth 4 1.80 0.24 733,784
Core Growth 42 21.75 2.81 8,678,854
Growth 15 2.32 0.31 944,595
Income 7 1.85 0.24 754,953
Income Value 4 1.80 0.24 735,251
Yield 3 0.05 0.01 19,702
Index 39 196.86 25.96 80,206,148
Other 102 172.89 22.79 70,406,961
Broker Dealer 28 58.43 7.71 23,824,044
GARP 27 28.33 3.73 11,514,198
Hedge Fund 43 66.09 8.70 26,890,763
Specialty 1 0.04 0.01 17,917
VC Private Equity 3 19.99 2.64 8,160,039
Sector Specific -- -- -- --
Value 33 32.58 4.16 12,863,384
Core Value 24 15.91 1.96 6,069,438
Deep Value 9 16.67 2.20 6,793,946
Growth
Holders:
61
Value ($MM):
25.87
Inst Shares:
3.35
Shares:
10,357,233
Aggressive Growth
Holders:
4
Value ($MM):
1.80
Inst Shares:
0.24
Shares:
733,784
Core Growth
Holders:
42
Value ($MM):
21.75
Inst Shares:
2.81
Shares:
8,678,854
Growth
Holders:
15
Value ($MM):
2.32
Inst Shares:
0.31
Shares:
944,595
Income
Holders:
7
Value ($MM):
1.85
Inst Shares:
0.24
Shares:
754,953
Income Value
Holders:
4
Value ($MM):
1.80
Inst Shares:
0.24
Shares:
735,251
Yield
Holders:
3
Value ($MM):
0.05
Inst Shares:
0.01
Shares:
19,702
Index
Holders:
39
Value ($MM):
196.86
Inst Shares:
25.96
Shares:
80,206,148
Other
Holders:
102
Value ($MM):
172.89
Inst Shares:
22.79
Shares:
70,406,961
Broker Dealer
Holders:
28
Value ($MM):
58.43
Inst Shares:
7.71
Shares:
23,824,044
GARP
Holders:
27
Value ($MM):
28.33
Inst Shares:
3.73
Shares:
11,514,198
Hedge Fund
Holders:
43
Value ($MM):
66.09
Inst Shares:
8.70
Shares:
26,890,763
Specialty
Holders:
1
Value ($MM):
0.04
Inst Shares:
0.01
Shares:
17,917
VC Private Equity
Holders:
3
Value ($MM):
19.99
Inst Shares:
2.64
Shares:
8,160,039
Sector Specific
Holders:
--
Value ($MM):
--
Inst Shares:
--
Shares:
--
Value
Holders:
33
Value ($MM):
32.58
Inst Shares:
4.16
Shares:
12,863,384
Core Value
Holders:
24
Value ($MM):
15.91
Inst Shares:
1.96
Shares:
6,069,438
Deep Value
Holders:
9
Value ($MM):
16.67
Inst Shares:
2.20
Shares:
6,793,946

Top Holders: Institutional Investor

Table of Top Holders: Institutional Investor
Holder Shares Held % O/S Share Change Filing Date
BlackRock Institutional Trust Company, N.A. 23,410,466 7.58 -385,904 3/31/26
State Street Investment Management (US) 18,683,483 6.05 4,060,214 3/31/26
Vanguard Capital Management, LLC 12,891,066 4.17 12,891,066 3/31/26
UBS Financial Services, Inc. 8,171,875 2.65 3,068,778 3/31/26
Geode Capital Management, L.L.C. 7,505,147 2.43 131,009 3/31/26
Millennium Management LLC 6,390,922 2.07 5,878,182 3/31/26
Frazier Life Sciences Management, L.P. 5,900,000 1.91 1,675,000 3/31/26
Morgan Stanley & Co. LLC 5,489,843 1.78 1,702,374 3/31/26
Dimensional Fund Advisors, L.P. 4,953,295 1.60 509,692 3/31/26
180 Wealth Advisors, L.L.C. 4,291,703 1.39 1,332,759 3/31/26
Rubric Capital Management LP 3,620,413 1.17 -3,856,082 3/31/26
Fidelity Management & Research Company LLC 3,478,204 1.13 -98,052 3/31/26
BofA Global Research (US) 3,383,677 1.10 1,021,456 3/31/26
TSP Capital Management Group, LLC 3,343,975 1.08 380,800 3/31/26
Wellington Management Company, LLP 3,283,179 1.06 -21,833 3/31/26
Vanguard Portfolio Management, LLC 3,171,824 1.03 3,171,824 3/31/26
Two Sigma Investments, LP 2,929,327 0.95 1,219,518 3/31/26
BlackRock Financial Management, Inc. 2,885,511 0.93 50,135 3/31/26
Goldman Sachs & Company, Inc. 2,605,861 0.84 1,171,713 3/31/26
Charles Schwab Investment Management, Inc. 2,549,067 0.83 -15,459 3/31/26
Northern Trust Investments, Inc. 2,400,538 0.78 58,325 3/31/26
Avoro Capital Advisors LLC 2,200,000 0.71 -2,244,444 3/31/26
Qube Research & Technologies Ltd 2,149,393 0.70 318,257 3/31/26
Vanguard Fiduciary Trust Co 2,137,637 0.69 2,137,637 3/31/26
Nuveen LLC 2,127,604 0.69 2,473 3/31/26
Renaissance Technologies LLC 1,868,442 0.60 110,955 3/31/26
Castagna (Michael E) 1,593,060 0.52 -34,957 5/11/26
Marshall Wace LLP 1,561,889 0.51 1,297,596 3/31/26
Invesco Capital Management LLC 1,334,834 0.43 -75,160 3/31/26
Point72 Asset Management, L.P. 1,249,177 0.40 1,249,177 3/31/26
Victory Capital Management Inc. 1,232,078 0.40 826,418 3/31/26
Citadel Advisors LLC 1,190,431 0.39 -2,381,524 3/31/26
BlackRock Investment Management, LLC 1,180,397 0.38 8,163 3/31/26
First Trust Advisors L.P. 869,254 0.28 282,068 3/31/26
Schroder Investment Management Ltd. (SIM) 825,084 0.27 -- 3/31/26
Sepio Capital, LP 773,251 0.25 7,895 4/30/26
ETF Architect 765,356 0.25 765,356 3/31/26
Tross Stuart A 764,372 0.25 25,825 5/20/26
SEI Investments Management Corporation 726,396 0.24 253,537 3/31/26
Woodline Partners LP 719,134 0.23 719,134 3/31/26
Susquehanna International Group, LLP 715,862 0.23 -1,166,372 3/31/26
BNP Paribas Securities Corp. North America 698,137 0.23 265,352 3/31/26
Scopia Capital Management LP 694,961 0.22 -- 3/31/26
Jefferies LLC 691,700 0.22 625,367 3/31/26
UBS Asset Management (UK) Ltd. 651,837 0.21 9,249 3/31/26
BlackRock Advisors (UK) Limited 624,182 0.20 -21,224 4/30/26
DWS Investments UK Limited 604,860 0.20 -232,586 3/31/26
Wells Fargo Advisors 604,438 0.20 178,005 3/31/26
BlackRock Asset Management Ireland Limited 603,224 0.20 38,209 3/31/26
Rafferty Asset Management LLC 581,530 0.19 129,060 3/31/26
BlackRock Institutional Trust Company, N.A.
Shares Held:
23,410,466
% O/S:
7.58
Share Change:
-385,904
Filing Date:
3/31/26
State Street Investment Management (US)
Shares Held:
18,683,483
% O/S:
6.05
Share Change:
4,060,214
Filing Date:
3/31/26
Vanguard Capital Management, LLC
Shares Held:
12,891,066
% O/S:
4.17
Share Change:
12,891,066
Filing Date:
3/31/26
UBS Financial Services, Inc.
Shares Held:
8,171,875
% O/S:
2.65
Share Change:
3,068,778
Filing Date:
3/31/26
Geode Capital Management, L.L.C.
Shares Held:
7,505,147
% O/S:
2.43
Share Change:
131,009
Filing Date:
3/31/26
Millennium Management LLC
Shares Held:
6,390,922
% O/S:
2.07
Share Change:
5,878,182
Filing Date:
3/31/26
Frazier Life Sciences Management, L.P.
Shares Held:
5,900,000
% O/S:
1.91
Share Change:
1,675,000
Filing Date:
3/31/26
Morgan Stanley & Co. LLC
Shares Held:
5,489,843
% O/S:
1.78
Share Change:
1,702,374
Filing Date:
3/31/26
Dimensional Fund Advisors, L.P.
Shares Held:
4,953,295
% O/S:
1.60
Share Change:
509,692
Filing Date:
3/31/26
180 Wealth Advisors, L.L.C.
Shares Held:
4,291,703
% O/S:
1.39
Share Change:
1,332,759
Filing Date:
3/31/26
Rubric Capital Management LP
Shares Held:
3,620,413
% O/S:
1.17
Share Change:
-3,856,082
Filing Date:
3/31/26
Fidelity Management & Research Company LLC
Shares Held:
3,478,204
% O/S:
1.13
Share Change:
-98,052
Filing Date:
3/31/26
BofA Global Research (US)
Shares Held:
3,383,677
% O/S:
1.10
Share Change:
1,021,456
Filing Date:
3/31/26
TSP Capital Management Group, LLC
Shares Held:
3,343,975
% O/S:
1.08
Share Change:
380,800
Filing Date:
3/31/26
Wellington Management Company, LLP
Shares Held:
3,283,179
% O/S:
1.06
Share Change:
-21,833
Filing Date:
3/31/26
Vanguard Portfolio Management, LLC
Shares Held:
3,171,824
% O/S:
1.03
Share Change:
3,171,824
Filing Date:
3/31/26
Two Sigma Investments, LP
Shares Held:
2,929,327
% O/S:
0.95
Share Change:
1,219,518
Filing Date:
3/31/26
BlackRock Financial Management, Inc.
Shares Held:
2,885,511
% O/S:
0.93
Share Change:
50,135
Filing Date:
3/31/26
Goldman Sachs & Company, Inc.
Shares Held:
2,605,861
% O/S:
0.84
Share Change:
1,171,713
Filing Date:
3/31/26
Charles Schwab Investment Management, Inc.
Shares Held:
2,549,067
% O/S:
0.83
Share Change:
-15,459
Filing Date:
3/31/26
Northern Trust Investments, Inc.
Shares Held:
2,400,538
% O/S:
0.78
Share Change:
58,325
Filing Date:
3/31/26
Avoro Capital Advisors LLC
Shares Held:
2,200,000
% O/S:
0.71
Share Change:
-2,244,444
Filing Date:
3/31/26
Qube Research & Technologies Ltd
Shares Held:
2,149,393
% O/S:
0.70
Share Change:
318,257
Filing Date:
3/31/26
Vanguard Fiduciary Trust Co
Shares Held:
2,137,637
% O/S:
0.69
Share Change:
2,137,637
Filing Date:
3/31/26
Nuveen LLC
Shares Held:
2,127,604
% O/S:
0.69
Share Change:
2,473
Filing Date:
3/31/26
Renaissance Technologies LLC
Shares Held:
1,868,442
% O/S:
0.60
Share Change:
110,955
Filing Date:
3/31/26
Castagna (Michael E)
Shares Held:
1,593,060
% O/S:
0.52
Share Change:
-34,957
Filing Date:
5/11/26
Marshall Wace LLP
Shares Held:
1,561,889
% O/S:
0.51
Share Change:
1,297,596
Filing Date:
3/31/26
Invesco Capital Management LLC
Shares Held:
1,334,834
% O/S:
0.43
Share Change:
-75,160
Filing Date:
3/31/26
Point72 Asset Management, L.P.
Shares Held:
1,249,177
% O/S:
0.40
Share Change:
1,249,177
Filing Date:
3/31/26
Victory Capital Management Inc.
Shares Held:
1,232,078
% O/S:
0.40
Share Change:
826,418
Filing Date:
3/31/26
Citadel Advisors LLC
Shares Held:
1,190,431
% O/S:
0.39
Share Change:
-2,381,524
Filing Date:
3/31/26
BlackRock Investment Management, LLC
Shares Held:
1,180,397
% O/S:
0.38
Share Change:
8,163
Filing Date:
3/31/26
First Trust Advisors L.P.
Shares Held:
869,254
% O/S:
0.28
Share Change:
282,068
Filing Date:
3/31/26
Schroder Investment Management Ltd. (SIM)
Shares Held:
825,084
% O/S:
0.27
Share Change:
--
Filing Date:
3/31/26
Sepio Capital, LP
Shares Held:
773,251
% O/S:
0.25
Share Change:
7,895
Filing Date:
4/30/26
ETF Architect
Shares Held:
765,356
% O/S:
0.25
Share Change:
765,356
Filing Date:
3/31/26
Tross Stuart A
Shares Held:
764,372
% O/S:
0.25
Share Change:
25,825
Filing Date:
5/20/26
SEI Investments Management Corporation
Shares Held:
726,396
% O/S:
0.24
Share Change:
253,537
Filing Date:
3/31/26
Woodline Partners LP
Shares Held:
719,134
% O/S:
0.23
Share Change:
719,134
Filing Date:
3/31/26
Susquehanna International Group, LLP
Shares Held:
715,862
% O/S:
0.23
Share Change:
-1,166,372
Filing Date:
3/31/26
BNP Paribas Securities Corp. North America
Shares Held:
698,137
% O/S:
0.23
Share Change:
265,352
Filing Date:
3/31/26
Scopia Capital Management LP
Shares Held:
694,961
% O/S:
0.22
Share Change:
--
Filing Date:
3/31/26
Jefferies LLC
Shares Held:
691,700
% O/S:
0.22
Share Change:
625,367
Filing Date:
3/31/26
UBS Asset Management (UK) Ltd.
Shares Held:
651,837
% O/S:
0.21
Share Change:
9,249
Filing Date:
3/31/26
BlackRock Advisors (UK) Limited
Shares Held:
624,182
% O/S:
0.20
Share Change:
-21,224
Filing Date:
4/30/26
DWS Investments UK Limited
Shares Held:
604,860
% O/S:
0.20
Share Change:
-232,586
Filing Date:
3/31/26
Wells Fargo Advisors
Shares Held:
604,438
% O/S:
0.20
Share Change:
178,005
Filing Date:
3/31/26
BlackRock Asset Management Ireland Limited
Shares Held:
603,224
% O/S:
0.20
Share Change:
38,209
Filing Date:
3/31/26
Rafferty Asset Management LLC
Shares Held:
581,530
% O/S:
0.19
Share Change:
129,060
Filing Date:
3/31/26

* Insider values reflect direct beneficial ownership.

Source: LSEG