223 Institutions hold 40.94% of the outstanding shares as of June 30,1998. Of these, 26 established new positions while 20 liquidated their holdings. Overall, Institutions increased their holdings by 10.73% for the period.
Top Ten Institutional Shareholders(* denotes new position) Rank Institution Shares Held Previous Net Chng. % Chng. % Owned Last Report 1 Barclays Global Investors, N.A. 21,725,861 9,227,241 +12,498,620 +135.5% 6.2% 03/31/98 2 Alex. Brown Investment Management 8,942,500 7,423,100 +1,519,400 +20.5% 2.5% 03/31/98 3 Ryback Management Corp. 8,054,500 4,764,500 +3,290,000 +69.1% 2.3% 03/31/97 4 State Teachers Retirmnt Syst. - Ohio 8,013,354 8,110,254 -96,900 -1.2% 2.3% 03/31/98 5 Merrill Lynch Asset Management (US) 7,573,434 6,753,650 +819,784 +12.1% 2.1% 03/31/98 6 Bankers Trust Company (Invt. Mgmt.) 5,903,285 5,217,208 +686,077 +13.2% 1.7% 03/31/98 7 Federated Investment Counseling, Inc 5,384,900 5,376,200 +8,700 +0.2% 1.5% 03/31/98 8 State Street Bank and Tr. Co. Boston 5,348,706 5,198,395 +150,311 +2.9% 1.5% 03/31/98 9 Morgan Stanley & Co., Inc. 4,359,600 9,067,076 -4,707,476 -51.9% 1.2% 03/31/98 10 Cambiar Investors, Inc. 4,310,625 3,533,350 +777,275 +22.0% 1.2% 03/31/98 Top Ten Totals: 79,616,765 64,670,974 +14,945,791 +23.1% 22.5%
====== Top Ten Mutual Funds Shareholders(* denotes new position) Rank Fund Name Shares Held Previous Net Chng. % Chng. % Owned Last Report 1 Merrill Lynch Phoenix Fund 4,500,000 4,100,000 +400,000 +9.8% 1.3% 01/31/98 2 Lindner Growth Fund 3,804,500 4,654,500 -850,000 -18.3% 1.1% 12/31/97 3 Federated American Leaders Fund 3,038,500 2,616,200 +422,300 +16.1% 0.9% 03/31/98 4 Vanguard Index Trust (500 Portfolio) 2,241,508 2,057,176 +184,332 +9.0% 0.6% 12/31/97 5 Federated Stock Trust 1,616,000 1,401,300 +214,700 +15.3% 0.5% 04/30/98 6 Flag Investors Telephone Income Fund * 1,495,000 0 +1,495,000 -- 0.4% 12/31/97 7 Merrill Lynch Variable Basic Value Focus 1,450,000 950,000 +500,000 +52.6% 0.4% 12/31/97 8 College Retirement Stock Account 1,176,900 1,917,000 -740,100 -38.6% 0.3% 12/31/97 9 DFA Invt Dimensions (US Large Cap Value) 1,021,700 434,600 +587,100 +135.1% 0.3% 11/30/97 10 Vanguard Institutional Index Fund 863,439 796,862 +66,577 +8.4% 0.2% 12/31/97 Top Ten Totals: 21,207,547 18,927,638 +2,279,909 +12.1% 6.0% |