Institutional Ownership

Ownership > 100%

Ownership Information

Shares Outstanding

29,763,449

Short Interest Shares

490,914

Float (%)

60.60

Institutional Ownership (%)

38.37

Mutual Fund Ownership (%)

44.57

Insider Ownership (%)

39.40

Top 10 Instn Holders (%)

23.69

Ownership Activity - Total Positions

Company	Shares	% Out	Value ($)	Reported	Change
Hallador Investment Advisors Inc.	1,671,465	5.62	9,577,494	3/31/2017	0
Vanguard Group Inc.	965,999	3.25	5,535,174	6/30/2017	65,994
Acadian Asset Management LLC	863,304	2.90	4,946,732	6/30/2017	(238,407)
BlackRock Inc.	786,715	2.64	4,507,877	6/30/2017	637,621
Dimensional Fund Advisors LP	665,905	2.24	3,815,636	6/30/2017	87,031
Numeric Investors LLC	649,767	2.18	3,723,165	6/30/2017	(91,938)
AJO LP	378,882	1.27	2,170,994	6/30/2017	347,442
Morgan Stanley	363,682	1.22	2,083,898	6/30/2017	(101,041)
Northern Trust Global Investments	354,429	1.19	2,030,878	6/30/2017	184,354
O'Shaughnessy Asset Management LLC	350,851	1.18	2,010,376	6/30/2017	205,811
Renaissance Technologies LLC	339,000	1.14	1,942,470	6/30/2017	6,800
Chartwell Investment Partners LLC	276,434	0.93	1,583,967	6/30/2017	(5,000)
Oakcliff Capital Partners, L.P.	260,578	0.88	1,493,112	6/30/2017	0
Cove Street Capital LLC	200,000	0.67	1,146,000	6/30/2017	0
Geode Capital Management LLC	187,342	0.63	1,073,470	6/30/2017	72,837
Arrowstreet Capital Ltd. Partnership	186,945	0.63	1,071,195	6/30/2017	(18,100)
Invesco Ltd.	184,580	0.62	1,057,643	6/30/2017	(9,350)
State Street Global Advisors Inc.	184,020	0.62	1,054,435	6/30/2017	184,020
CornerCap Investment Counsel Inc	173,452	0.58	993,880	6/30/2017	8,760
BNY Asset Management	166,564	0.56	954,412	6/30/2017	54,221

Ownership Summary

Ownership Summary

Institutional Ownership

Total Positions

New Positions

Increased Positions

Decreased Positions

Soldout Positions

Net Change

List of possible reasons behind the infrequent cases where we have total institutional ownership that exceeds 100% of the common shares outstanding for a specific company:

Double-counting - On the 13-F filing, each institutional holder must report all securities over which they exercise sole or shared investment discretion. In cases where investment discretion is shared by more than one institution, care is generally taken to prevent double-counting, but there is always the exception. Another cause of double-counting is a company name change for the 13F filer where the holdings are accounted for under both filer names.

Short Interest - A large short interest amount affects the institutional ownership amount considerably because all shares that have been sold short appear as holdings in two separate portfolios. One institution has lent its shares to a short seller, while the same shares have been purchased by another reporting institution. Consequently, the institutional ownership percentage reflected in the 13-F filings is overstated as a percentage of total shares outstanding.

A gap between 'as of' dates - In the case where gaps between the 'as of' dates of the holdings and the shares outstanding arise, the percentage owned could be skewed due to a sharp increase/decrease in shares out. Again, this case doesn’t come up very often but the results are unavoidable.

Other possible reasons: a) An overlap occurs amongst reporting institutions; b) The 13F filing includes holdings other than common stock issues; c) Mutual fund money is co-advised and incorrectly reported by multiple institutions.