227 Institutions hold 39.57% of the outstanding shares as of June 30,1998. Of these, 28 established new positions while 25 liquidated their holdings. Overall, Institutions increased their holdings by 0.88% 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 9,664,716 8,942,500 +722,216 +8.1% 2.7% 06/30/98 3 Merrill Lynch Asset Management (US) 7,862,664 7,573,434 +289,230 +3.8% 2.2% 06/30/98 4 State Teachers Retirmnt Syst. - Ohio 5,816,354 8,013,354 -2,197,000 -27.4% 1.7% 06/30/98 5 Bankers Trust Company (Invt. Mgmt.) 5,814,085 5,903,285 -89,200 -1.5% 1.7% 06/30/98 6 State Street Bank and Tr. Co. Boston 5,348,706 5,198,395 +150,311 +2.9% 1.5% 03/31/98 7 Federated Investment Counseling, Inc 4,759,600 5,384,900 -625,300 -11.6% 1.4% 06/30/98 8 Cambiar Investors, Inc. 4,232,625 4,310,625 -78,000 -1.8% 1.2% 06/30/98 9 The Vanguard Group 4,126,188 3,925,331 +200,857 +5.1% 1.2% 06/30/98 10 State of Wisconsin Investment Board 3,205,000 2,613,000 +592,000 +22.7% 0.9% 06/30/98 Top Ten Totals: 72,555,799 61,092,065 +11,463,734 +18.8% 20.5%
================ 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% |