Institutional & Mutual Fund Ownership
Apparently 17 Institutions hold 17.75% of the outstanding shares as
of March 31,1998. Of these, 3 established new positions while 2
liquidated their holdings. Overall, Institutions increased their
holdings by 0.92% for the period.
Top Ten Institutional Shareholders
(* denotes new position)
Rank Institution Shares Previous Net %Chng %Owned Reported
Held Chng
1 Wellington Mgmt
Company, LLP 522,000 522,000 -- -- 6.4% 03/31/98
2 TIAA-CREF Inv.
Management Inc. 277,600 277,600 -- -- 3.4% 03/31/98
3 Dimensional Fund
Advisors, Inc. 261,562 257,562 +4,000 +1.6% 3.2% 03/31/98
4 Barclays Global
Investors, N.A. 101,436 100,936 +500 +0.5% 1.3% 03/31/98
5 Frank Russell
Company 75,000 75,000 -- -- 0.9% 03/31/98
6 Alliance Capital
Management L.P. 55,300 55,300 -- -- 0.7% 03/31/98
7 The Vanguard
Group 41,900 41,900 -- -- 0.5% 03/31/98
8 Northern Trust
Quantitative Adv 30,025 30,025 -- -- 0.4% 12/31/97
9 Mellon Bank
National Assoc. 24,471 22,954 +1,517 +6.6% 0.3% 03/31/98
10 The Sachs
Company *12,700 0 +12,700 -- 0.2% 03/31/98
Top Ten Totals: 1,401,994 1,383,277 +18,717 +1.4% 17.3%
Top Ten Mutual Funds Shareholders
(* denotes new position)
Rank Institution Shares Previous Net %Chng %Owned Reported
Held Chng
1 College Retirement
Stock Account 277,600 294,800 -17,200 -5.8% 3.4% 12/31/97
2 DFA Invt Dimensions
(US 9-10 Small Co) 54,000 54,000 -- -- 0.7% 11/30/97
3 Vanguard Index Trust
(Total Stock Market) 39,146 26,946 +12,200 +45.3% 0.5% 12/31/97
4 Northern Small Cap
Growth Fund 10,900 10,900 -- -- 0.1% 03/31/98
5 DFA Invt Dimensions
(US 6-10 Small Co) 4,000 4,000 -- -- 0.1% 11/30/97
6 Vanguard Balanced
Index Fund 2,754 2,754 -- -- 0.0% 12/31/97
Top Ten Totals: 388,400 393,400 -5,000 -1.3% 4.8%
Note - I believe that this report may have some redundancy as
evidenced by the duplicate listings of TIAA-CREF and College
Retirement Stock Account. The 277,600 shares may be reported
twice.
Regards,
Tom |
