Who holds ticker verified against the SEC company list on 2026-09-10 — a reviewed name-and-class mapping row, never an inferred symbol. how tickers are mapped ↗

EDWARDS LIFESCIENCES CORP · COM · quarter ended 2026-03-31 · 17 members disclosed EW ↗

13F filers reporting this class for the quarter ended 2026-03-31; 1–500 of 1,032 holders are listed, largest first: 1,032
sum of the reported values across every holder; NULL values are excluded, never zero-filled: $34.8B
holders whose share count rose or who opened the position (new + add), by shares: 459
holders absent this quarter after holding last quarter — inferred from absence, not a sale record: 130

Holders — quarter ended 2026-03-31

ranked by reported value · Δ shares vs 2025-12-31 · kind by shares

13F holders of EW ranked by reported value
#	Filer	Reported value	Shares	Δ shares	Change
1	BlackRock, Inc.	$4.2B	52,590,933	+129,018	ADD
2	VANGUARD CAPITAL MANAGEMENT LLC	$3.0B	37,727,792	—	NO PRIOR
3	VANGUARD PORTFOLIO MANAGEMENT LLC	$2.1B	26,407,018	—	NO PRIOR
4	STATE STREET CORP	$2.1B	26,296,399	+304,875	ADD
5	WELLINGTON MANAGEMENT GROUP LLP	$1.8B	22,011,101	+217,152	ADD
6	Bank of New York Mellon Corp	$1.3B	16,737,548	−755,041	TRIM
7	FMR LLC	$1.2B	14,503,770	−2,078,777	TRIM
8	GEODE CAPITAL MANAGEMENT, LLC	$1.0B	13,133,777	+348,875	ADD
9	JENNISON ASSOCIATES LLC	$1.0B	13,066,274	−714,241	TRIM
10	DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main	$1.0B	12,811,902	+5,079,892	ADD
11	MORGAN STANLEY	$565M	7,060,876	−253,416	TRIM
12	BROWN ADVISORY INC	$563M	7,029,512	−302,614	TRIM
13	DEUTSCHE BANK AG\	$485M	6,055,023	+476,227	ADD
14	NORTHERN TRUST CORP	$466M	5,824,369	−56,119	TRIM
15	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	$437M	5,458,148	+74,511	ADD
16	Artisan Partners Limited Partnership	$417M	5,201,144	+4,034,429	ADD
17	Invesco Ltd.	$386M	4,815,350	+1,354,152	ADD
18	WELLCOME TRUST LTD (THE) as trustee of the WELLCOME TRUST	$384M	4,800,000	0	NO CHANGE
19	Legal & General Group Plc	$356M	4,449,554	+33,585	ADD
20	BANK OF AMERICA CORP /DE/	$311M	3,883,419	+2,212,208	ADD
21	ALLIANCEBERNSTEIN L.P.	$296M	3,467,355	+955,071	ADD
22	DIMENSIONAL FUND ADVISORS LP	$291M	3,636,881	+35,997	ADD
23	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$285M	3,557,088	+109,048	ADD
24	PRIMECAP MANAGEMENT CO/CA/	$274M	3,422,791	+4,000	ADD
25	VANGUARD FIDUCIARY TRUST CO	$261M	3,265,355	—	NO PRIOR
26	JACOBS LEVY EQUITY MANAGEMENT, INC	$235M	2,932,796	−182,054	TRIM
27	Nuveen, LLC	$232M	2,893,244	−480,987	TRIM
28	NOMURA ASSET MANAGEMENT INTERNATIONAL INC.	$222M	2,768,995	+2,768,995	NEW
29	Amundi	$214M	2,670,209	+12,171	ADD
30	Mirova US LLC	$210M	2,627,315	−111,756	TRIM
31	UBS Group AG	$205M	2,561,776	+931,016	ADD
32	ROYAL BANK OF CANADA	$196M	2,446,999	+375,801	ADD
33	RAYMOND JAMES FINANCIAL INC	$178M	2,224,213	+86,904	ADD
34	BNP Paribas Asset Management Holding S.A.	$169M	2,104,677	−80,976	TRIM
35	Allspring Global Investments Holdings, LLC	$167M	2,060,891	+1,419,022	ADD
36	Allianz Asset Management GmbH	$158M	1,968,211	−224,059	TRIM
37	NORDEA INVESTMENT MANAGEMENT AB	$158M	2,024,887	−1,617,731	TRIM
38	AQR CAPITAL MANAGEMENT LLC	$157M	1,968,753	−272,998	TRIM
39	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	$151M	1,890,859	+1,462,238	ADD
40	Point72 Asset Management, L.P.	$146M	1,826,537	+1,382,170	ADD
41	MILLENNIUM MANAGEMENT LLC	$144M	1,796,821	−4,284,117	TRIM
42	HSBC HOLDINGS PLC	$142M	1,770,962	−2,526,986	TRIM
43	Woodline Partners LP	$142M	1,768,176	+697,542	ADD
44	CAISSE DE DEPOT ET PLACEMENT DU QUEBEC	$137M	1,714,280	+258,438	ADD
45	Swiss National Bank	$136M	1,703,100	+94,300	ADD
46	Universal- Beteiligungs- und Servicegesellschaft mbH	$115M	1,433,495	−135,742	TRIM
47	MANUFACTURERS LIFE INSURANCE COMPANY, THE	$112M	1,401,187	+54,579	ADD
48	SEB Asset Management AB	$110M	1,370,202	—	NO PRIOR
49	Mitsubishi UFJ Asset Management Co., Ltd.	$105M	1,311,568	+83,001	ADD
50	Vanguard Global Advisers, LLC	$102M	1,269,526	—	NO PRIOR
51	Sumitomo Mitsui Trust Group, Inc.	$101M	1,267,383	−74,542	TRIM
52	Assenagon Asset Management S.A.	$101M	1,265,714	−1,020,584	TRIM
53	SEI INVESTMENTS CO	$99.2M	1,239,001	+830,341	ADD
54	ORBIMED ADVISORS LLC	$98.5M	1,230,600	−612,300	TRIM
55	Janus Henderson Group Ltd.	$93.3M	1,165,604	+18,985	ADD
56	Man Group plc	$91.9M	1,147,468	−462,568	TRIM
57	Alyeska Investment Group, L.P.	$88.6M	1,106,336	+1,106,336	NEW
58	VIKING GLOBAL INVESTORS LP	$87.9M	1,097,578	+1,097,578	NEW
59	WELLS FARGO & COMPANY/MN	$86.6M	1,081,271	−581	TRIM
60	BARCLAYS PLC	$86.4M	1,078,481	+33,366	ADD
61	TWO SIGMA INVESTMENTS, LP	$84.2M	1,051,535	+660,149	ADD
62	Champlain Investment Partners, LLC	$82.8M	1,033,497	−700,715	TRIM
63	VANGUARD ASSET MANAGEMENT, Ltd	$79.7M	995,846	—	NO PRIOR
64	PARNASSUS INVESTMENTS, LLC	$79.7M	995,172	+408,412	ADD
65	National Pension Service	$79.4M	991,766	+991,766	NEW
66	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM	$78.2M	976,943	−26,580	TRIM
67	Empower Advisory Group, LLC	$69.4M	866,719	+34,697	ADD
68	Bellevue Group AG	$67.2M	839,451	−203,645	TRIM
69	BANK OF MONTREAL /CAN/	$66.5M	830,911	−54,301	TRIM
70	FRANKLIN RESOURCES INC	$66.4M	828,729	+50,164	ADD
71	SCHRODER INVESTMENT MANAGEMENT GROUP	$65.3M	821,118	+129,504	ADD
72	Qube Research & Technologies Ltd	$63.7M	795,188	−320,036	TRIM
73	CITIGROUP INC	$63.2M	789,574	+169,775	ADD
74	TD ASSET MANAGEMENT INC	$59.5M	742,812	−35,317	TRIM
75	Birch Hill Investment Advisors LLC	$59.3M	740,200	−3,480	TRIM
76	Holocene Advisors, LP	$59.1M	738,099	−1,512,944	TRIM
77	Robeco Institutional Asset Management B.V.	$58.1M	725,425	+61,238	ADD
78	AMERIPRISE FINANCIAL INC	$56.2M	702,031	+27,687	ADD
79	PRINCIPAL FINANCIAL GROUP INC	$56.1M	700,159	−121,666	TRIM
80	Seilern Investment Management Ltd	$55.3M	690,191	−233,069	TRIM
81	CANADA PENSION PLAN INVESTMENT BOARD	$54.5M	680,373	−109,746	TRIM
82	NEW YORK STATE COMMON RETIREMENT FUND	$53.2M	664,493	0	NO CHANGE
83	Quantinno Capital Management LP	$51.2M	639,603	+236,256	ADD
84	Mitsubishi UFJ Trust & Banking Corp	$47.8M	596,691	−85,212	TRIM
85	Nan Shan Life Insurance Co., Ltd.	$44.2M	552,221	0	NO CHANGE
86	Aberdeen Group plc	$44.2M	551,553	+48,051	ADD
87	Trexquant Investment LP	$43.8M	547,076	+532,685	ADD
88	PFA Pension, Forsikringsaktieselskab	$43.5M	542,960	+542,960	NEW
89	DANSKE BANK A/S	$42.8M	534,724	+188,201	ADD
90	Hudson Bay Capital Management LP	$42.6M	532,100	−129,500	TRIM
91	CITADEL ADVISORS LLC	$41.6M	519,031	−1,684,896	TRIM
92	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	$40.3M	503,662	−2,166	TRIM
93	ADAGE CAPITAL PARTNERS GP, L.L.C.	$40.2M	501,866	−1,452,765	TRIM
94	Triodos Investment Management BV	$40.2M	501,858	−3,000	TRIM
95	Zurcher Kantonalbank (Zurich Cantonalbank)	$39.8M	497,549	+497,549	NEW
96	United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund	$37.6M	469,603	+32,200	ADD
97	ING GROEP NV	$36.2M	451,647	+120,652	ADD
98	OFI INVEST ASSET MANAGEMENT	$36.1M	517,266	+10,244	ADD
99	Korea Investment CORP	$36.0M	449,499	+44,577	ADD
100	BAILLIE GIFFORD & CO	$35.3M	440,208	−76,103	TRIM
101	AVIVA PLC	$35.1M	438,861	−51,838	TRIM
102	Creative Planning	$34.9M	436,167	+26,410	ADD
103	NOMURA ASSET MANAGEMENT CO LTD	$34.5M	431,084	−948	TRIM
104	Vident Advisory, LLC	$33.5M	418,892	+31,310	ADD
105	Connor, Clark & Lunn Investment Management Ltd.	$32.7M	407,842	−279,249	TRIM
106	ABN AMRO Bank N.V.	$32.3M	398,425	+220,969	ADD
107	STOREBRAND ASSET MANAGEMENT AS	$31.7M	396,311	—	NO PRIOR
108	Norinchukin Bank, The	$31.6M	395,023	+13,065	ADD
109	JANE STREET GROUP, LLC	$31.3M	390,333	−201,167	TRIM
110	APG Asset Management N.V.	$31.3M	449,727	+69,515	ADD
111	Vontobel Holding Ltd.	$28.5M	356,173	−1,216	TRIM
112	US BANCORP \DE\	$28.5M	355,768	−7,608	TRIM
113	PRUDENTIAL FINANCIAL INC	$28.4M	354,327	−33,550	TRIM
114	LPL Financial LLC	$28.3M	353,591	+119,756	ADD
115	FIRST TRUST ADVISORS LP	$28.2M	352,315	+182,047	ADD
116	2Xideas AG	$28.2M	352,077	−77,038	TRIM
117	Pictet Asset Management Holding SA	$27.5M	343,016	−9,200	TRIM
118	ENVESTNET ASSET MANAGEMENT INC	$26.6M	331,593	+118,098	ADD
119	STATE OF WISCONSIN INVESTMENT BOARD	$26.3M	328,968	−5,491	TRIM
120	BLAIR WILLIAM & CO/IL	$25.3M	315,690	−29,110	TRIM
121	Swedbank AB	$24.8M	309,716	+2,153	ADD
122	NATIONAL BANK OF CANADA /FI/	$24.3M	303,249	−19,710	TRIM
123	KLP KAPITALFORVALTNING AS	$24.3M	303,222	+7,900	ADD
124	NATIXIS	$23.5M	293,673	−21,850	TRIM
125	Chevy Chase Trust Holdings, LLC	$23.2M	290,167	−10,284	TRIM
126	Hardman Johnston Global Advisors LLC	$23.2M	289,606	−27,164	TRIM
127	Vanguard Investments Australia, Ltd.	$23.1M	288,789	—	NO PRIOR
128	DnB Asset Management AS	$23.1M	288,731	−11,506	TRIM
129	FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND	$21.9M	273,735	+139,700	ADD
130	WORLDQUANT MILLENNIUM ADVISORS LLC	$21.7M	270,554	−182,012	TRIM
131	Asset Management One Co., Ltd.	$21.4M	267,524	−1,829	TRIM
132	MERCER GLOBAL ADVISORS INC /ADV	$20.9M	260,717	+8,984	ADD
133	Candriam S.C.A.	$20.8M	260,327	+25,359	ADD
134	STATE OF MICHIGAN RETIREMENT SYSTEM	$20.6M	257,051	−300	TRIM
135	Ensign Peak Advisors, Inc	$20.4M	255,236	+4,922	ADD
136	PFM Health Sciences, LP	$20.4M	254,510	+7,675	ADD
137	ROYAL LONDON ASSET MANAGEMENT LTD	$20.2M	252,087	+3,549	ADD
138	CLIFFORD SWAN INVESTMENT COUNSEL LLC	$20.1M	250,452	−1,103	TRIM
139	GDS Wealth Management	$19.8M	247,612	+14,736	ADD
140	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	$19.8M	247,125	+849	ADD
141	Meridiem Capital Partners LP	$18.7M	233,189	+118,424	ADD
142	Gotham Asset Management, LLC	$18.4M	229,827	+107,374	ADD
143	CIBC Bancorp USA Inc.	$18.0M	225,350	—	NO PRIOR
144	NISA INVESTMENT ADVISORS, LLC	$18.0M	224,857	−1,648	TRIM
145	ARMISTICE CAPITAL, LLC	$18.0M	224,835	−52,643	TRIM
146	Azimuth Capital Investment Management LLC	$17.9M	223,417	+108,264	ADD
147	Engineers Gate Manager LP	$17.5M	218,884	−13,663	TRIM
148	ExodusPoint Capital Management, LP	$17.2M	215,124	−69,168	TRIM
149	VICTORY CAPITAL MANAGEMENT INC	$17.2M	214,242	+1,122	ADD
150	TORONTO DOMINION BANK	$17.1M	213,373	−128,909	TRIM
151	Cerity Partners LLC	$16.8M	209,931	−7,576	TRIM
152	MACKENZIE FINANCIAL CORP	$16.7M	208,510	+124,793	ADD
153	Resona Asset Management Co.,Ltd.	$16.4M	204,486	+19,802	ADD
154	Townsend & Associates, Inc	$16.3M	199,466	+5,809	ADD
155	Epoch Investment Partners, Inc.	$16.2M	202,706	−18,078	TRIM
156	State of New Jersey Common Pension Fund D	$16.0M	200,234	−1,113	TRIM
157	United Asset Strategies, Inc.	$15.5M	193,864	+2,119	ADD
158	NS Partners Ltd	$15.5M	193,233	−706	TRIM
159	Lansforsakringar Fondforvaltning AB (publ)	$15.1M	188,318	−1,078	TRIM
160	Mariner, LLC	$14.9M	186,466	−17,803	TRIM
161	ONTARIO TEACHERS PENSION PLAN BOARD	$14.7M	183,733	+49,282	ADD
162	STIFEL FINANCIAL CORP	$14.7M	183,027	+17,047	ADD
163	BLI - Banque de Luxembourg Investments	$14.4M	169,530	+169,530	NEW
164	WELCH & FORBES LLC	$14.4M	179,504	−2,167	TRIM
165	IEQ CAPITAL, LLC	$14.3M	179,042	−39,855	TRIM
166	Advocacy Wealth Management, LLC	$14.3M	178,161	+44,755	ADD
167	Sone Capital Management, LLC	$14.1M	176,039	+150,984	ADD
168	Tredje AP-fonden	$14.1M	175,573	+175,573	NEW
169	W.G. Shaheen & Associates DBA Whitney & Co	$13.9M	173,748	+2,871	ADD
170	Steward Partners Investment Advisory, LLC	$13.8M	172,941	+87,993	ADD
171	Bridgewater Associates, LP	$13.8M	171,923	+95,161	ADD
172	WEDGEWOOD PARTNERS INC	$13.7M	170,969	−9,913	TRIM
173	Integral Health Asset Management, LLC	$13.6M	170,000	−155,000	TRIM
174	Parkman Healthcare Partners LLC	$13.4M	167,155	+16,170	ADD
175	Calamos Advisors LLC	$13.4M	166,828	+3,763	ADD
176	Rhenman & Partners Asset Management AB	$13.1M	163,000	−30,500	TRIM
177	BEESE FULMER INVESTMENT MANAGEMENT, INC.	$12.9M	160,839	+160,839	NEW
178	CREDIT AGRICOLE S A	$12.8M	159,543	−77,493	TRIM
179	Swiss Life Asset Management Ltd	$12.8M	159,281	+8,949	ADD
180	Arizona State Retirement System	$12.7M	159,030	−6,287	TRIM
181	Czech National Bank	$12.7M	158,042	+5,025	ADD
182	Boston Common Asset Management, LLC	$12.5M	156,297	+11,594	ADD
183	Eurizon Capital SGR S.p.A.	$12.3M	153,537	−6,741	TRIM
184	ABN AMRO INVESTMENT SOLUTIONS	$12.3M	153,031	+128,612	ADD
185	Beacon Pointe Advisors, LLC	$11.8M	147,594	+128,250	ADD
186	HighTower Advisors, LLC	$11.8M	147,384	+6,058	ADD
187	WILSON ASSET MANAGEMENT (INTERNATIONAL) PTY LTD	$11.6M	144,918	0	NO CHANGE
188	Catalio Capital Management, LP	$11.6M	144,607	−42,441	TRIM
189	KENNEDY CAPITAL MANAGEMENT LLC	$11.5M	144,032	−2,280	TRIM
190	MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	$11.5M	143,292	+15,295	ADD
191	FIFTH THIRD BANCORP	$11.4M	142,677	+118,867	ADD
192	Daiwa Securities Group Inc.	$11.3M	140,973	+4,512	ADD
193	GUGGENHEIM CAPITAL LLC	$11.3M	140,573	−2,718	TRIM
194	Baird Financial Group, Inc.	$11.2M	140,419	+140,419	NEW
195	CIBC Asset Management Inc	$11.2M	139,954	+2,136	ADD
196	OP Asset Management Ltd	$11.0M	137,471	—	NO PRIOR
197	Fulcrum Capital LLC	$11.0M	137,336	+116	ADD
198	AIA Group Ltd	$11.0M	137,043	+10,083	ADD
199	MetLife Investment Management, LLC	$10.9M	135,513	−3,519	TRIM
200	COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS	$10.8M	135,177	+196	ADD
201	IFM Investors Pty Ltd	$10.7M	133,340	+3,954	ADD
202	Fisher Asset Management, LLC	$10.6M	132,199	−13,446	TRIM
203	Mirae Asset Global Investments Co., Ltd.	$10.6M	131,827	+22,078	ADD
204	FARMERS & MERCHANTS INVESTMENTS INC	$10.2M	127,922	+2,215	ADD
205	USS Investment Management Ltd	$10.2M	126,927	+9,504	ADD
206	Glenview Trust Co	$10.1M	126,211	−5,219	TRIM
207	Zurich Insurance Group Ltd/FI	$10.1M	126,098	+126,098	NEW
208	Retirement Systems of Alabama	$9.9M	123,230	−220	TRIM
209	TEACHER RETIREMENT SYSTEM OF TEXAS	$9.7M	121,262	−157,278	TRIM
210	SUSQUEHANNA INTERNATIONAL GROUP, LLP	$9.6M	119,419	−170,552	TRIM
211	INVESTMENT HOUSE LLC	$9.5M	119,000	−1,800	TRIM
212	LBP AM SA	$9.5M	118,839	−9,863	TRIM
213	Varma Mutual Pension Insurance Co	$9.3M	115,858	−20,000	TRIM
214	Andra AP-fonden	$9.2M	114,969	+84,969	ADD
215	COMMONWEALTH EQUITY SERVICES, LLC	$9.0M	111,964	−7,119	TRIM
216	AMERICAN CENTURY COMPANIES INC	$9.0M	111,902	−23,582	TRIM
217	PATTEN & PATTEN INC/TN	$8.9M	111,546	−5,277	TRIM
218	XPONANCE LLC	$8.4M	105,038	+16,908	ADD
219	Jasper Ridge Partners, L.P.	$8.4M	105,000	0	NO CHANGE
220	Atle Fund Management AB	$8.3M	106,518	+106,518	NEW
221	Sienna Gestion	$8.2M	102,816	+102,816	NEW
222	Tidal Investments LLC	$8.2M	102,209	+31,316	ADD
223	Titan Wealth (CI) Ltd	$8.2M	101,900	+18,339	ADD
224	HOWE & RUSLING INC	$8.1M	101,227	+15,364	ADD
225	Federation des caisses Desjardins du Quebec	$8.1M	100,772	−102,402	TRIM
226	CAPITOLIS LIQUID GLOBAL MARKETS LLC	$8.0M	99,528	+78,261	ADD
227	KORNITZER CAPITAL MANAGEMENT INC /KS	$7.8M	97,560	0	NO CHANGE
228	Choate Investment Advisors	$7.8M	97,061	−10,866	TRIM
229	INTECH INVESTMENT MANAGEMENT LLC	$7.6M	95,330	+25,983	ADD
230	FIL Ltd	$7.6M	95,014	+34,626	ADD
231	PUBLIC SECTOR PENSION INVESTMENT BOARD	$7.5M	94,056	+18,983	ADD
232	Utah Retirement Systems	$7.5M	93,557	−1,553	TRIM
233	HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	$7.4M	92,109	+69,169	ADD
234	LOCKHEED MARTIN INVESTMENT MANAGEMENT CO	$7.4M	91,790	+31,720	ADD
235	VOYA INVESTMENT MANAGEMENT LLC	$7.3M	91,636	+174	ADD
236	WORMSER FRERES GESTION	$7.3M	88,910	−2,941	TRIM
237	ProShare Advisors LLC	$7.2M	90,362	−22,175	TRIM
238	MAI Capital Management	$7.1M	88,480	+532	ADD
239	BANCO BILBAO VIZCAYA ARGENTARIA, S.A.	$7.1M	88,434	−145,591	TRIM
240	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	$6.9M	86,778	+2,473	ADD
241	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	$6.9M	88,840	−6,989	TRIM
242	Vanguard Personalized Indexing Management, LLC	$6.9M	86,365	+346	ADD
243	YOUSIF CAPITAL MANAGEMENT, LLC	$6.9M	85,785	+7,755	ADD
244	Pathstone Holdings, LLC	$6.8M	84,551	+8,165	ADD
245	Cetera Investment Advisers	$6.7M	83,953	+9,954	ADD
246	ASR Vermogensbeheer N.V.	$6.7M	83,666	+1,827	ADD
247	NEOS Investment Management LLC	$6.7M	83,569	−20,386	TRIM
248	Telos Capital Management, Inc.	$6.6M	82,415	+4,700	ADD
249	Empowered Funds, LLC	$6.6M	82,019	+82,019	NEW
250	TD Waterhouse Canada Inc.	$6.6M	80,688	+74,447	ADD
251	Covea Finance	$6.5M	81,101	0	NO CHANGE
252	BANK OF NOVA SCOTIA	$6.5M	80,854	−12,818	TRIM
253	Rodgers Brothers Inc.	$6.5M	80,789	−50	TRIM
254	BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp	$6.4M	79,978	−24,211	TRIM
255	EVERETT HARRIS & CO /CA/	$6.3M	78,272	−6,386	TRIM
256	Sumitomo Mitsui DS Asset Management Company, Ltd	$6.2M	76,880	+1,704	ADD
257	AMG National Trust Bank	$6.1M	76,372	+900	ADD
258	NISSAY ASSET MANAGEMENT CORP /JAPAN	$6.1M	75,962	+189	ADD
259	Baader Bank Aktiengesellschaft	$6.0M	75,561	−5,867	TRIM
260	FACTORY MUTUAL INSURANCE CO	$6.0M	75,100	+2,950	ADD
261	Elo Mutual Pension Insurance Co	$5.8M	72,510	−12,898	TRIM
262	O'SHAUGHNESSY ASSET MANAGEMENT, LLC	$5.7M	71,382	+18,624	ADD
263	Bank Julius Baer & Co. Ltd, Zurich	$5.7M	70,987	−2,629	TRIM
264	EQUITABLE TRUST CO	$5.6M	69,444	+4,896	ADD
265	CWM, LLC	$5.5M	68,976	−20,861	TRIM
266	Avanza Fonder AB	$5.4M	67,265	−5,778	TRIM
267	OREGON PUBLIC EMPLOYEES RETIREMENT FUND	$5.3M	66,415	0	NO CHANGE
268	Kintegral Advisory, LLC	$5.1M	63,507	−2,816	TRIM
269	Generali Asset Management SPA SGR	$5.0M	62,795	−9,744	TRIM
270	Banque Cantonale Vaudoise	$5.0M	62,297	−4,145	TRIM
271	MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC	$5.0M	61,900	−573	TRIM
272	TOCQUEVILLE ASSET MANAGEMENT L.P.	$4.9M	61,115	−925	TRIM
273	SECTOR GAMMA AS	$4.8M	60,402	−36,000	TRIM
274	QRG CAPITAL MANAGEMENT, INC.	$4.8M	60,327	+5,863	ADD
275	Marble Harbor Investment Counsel, LLC	$4.7M	58,611	−1,130	TRIM
276	Ethic Inc.	$4.7M	58,589	+9,610	ADD
277	NLB Skladi, upravljanje premozenja, d.o.o.	$4.7M	58,291	+26,332	ADD
278	MACQUARIE GROUP LTD	$4.6M	57,836	−53,432	TRIM
279	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	$4.6M	57,517	−462	TRIM
280	Callan Family Office, LLC	$4.5M	56,237	+1,331	ADD
281	OMERS ADMINISTRATION Corp	$4.5M	56,160	+10,169	ADD
282	B. Metzler seel. Sohn & Co. AG	$4.5M	56,017	+737	ADD
283	Moors & Cabot, Inc.	$4.3M	54,313	−959	TRIM
284	UniSuper Management Pty Ltd	$4.3M	53,171	−1,697	TRIM
285	OPPENHEIMER ASSET MANAGEMENT INC.	$4.2M	52,229	+52,229	NEW
286	TRUIST FINANCIAL CORP	$4.1M	51,505	−3,599	TRIM
287	TriaGen Wealth Management LLC	$4.0M	50,291	−3,107	TRIM
288	Weaver Consulting Group	$3.8M	47,249	−318	TRIM
289	BURNEY CO/	$3.8M	47,239	+5,337	ADD
290	HOHIMER WEALTH MANAGEMENT, LLC	$3.8M	47,206	+47,206	NEW
291	MONTAG A & ASSOCIATES INC	$3.7M	45,996	0	NO CHANGE
292	Rafferty Asset Management, LLC	$3.6M	44,842	−17,637	TRIM
293	Jefferies Financial Group Inc.	$3.6M	44,351	+18,762	ADD
294	MISSION WEALTH MANAGEMENT, LP	$3.4M	42,563	−2,743	TRIM
295	CAISSE DES DEPOTS ET CONSIGNATIONS	$3.4M	42,257	−9,509	TRIM
296	LGT Group Foundation	$3.4M	41,992	−4,078	TRIM
297	Investment Management Corp of Ontario	$3.3M	41,494	−19,956	TRIM
298	OSAIC HOLDINGS, INC.	$3.3M	41,416	−1,786	TRIM
299	UNITED CAPITAL FINANCIAL ADVISORS, LLC	$3.3M	41,199	+41,199	NEW
300	BAMCO INC /NY/	$3.3M	41,176	+7,051	ADD
301	Meiji Yasuda Asset Management Co Ltd.	$3.2M	40,429	+35,363	ADD
302	Kingsview Wealth Management, LLC	$3.2M	40,353	+149	ADD
303	Abacus Planning Group, Inc.	$3.2M	40,037	−10	TRIM
304	Allworth Financial LP	$3.2M	40,021	−38,161	TRIM
305	Illinois Municipal Retirement Fund	$3.2M	39,851	+8,884	ADD
306	BAXTER BROS INC	$3.2M	39,639	−3,576	TRIM
307	OPPENHEIMER & CO INC	$3.2M	39,422	+39,422	NEW
308	EP Wealth Advisors, LLC	$3.1M	39,238	−5,140	TRIM
309	World Investment Advisors	$3.1M	38,895	−1,091	TRIM
310	KEYBANK NATIONAL ASSOCIATION/OH	$3.1M	38,717	+4,809	ADD
311	FIRST NATIONAL BANK OF OMAHA	$3.1M	38,519	−337	TRIM
312	Oak Thistle LLC	$3.0M	37,529	+37,529	NEW
313	Crossmark Global Holdings, Inc.	$2.9M	36,593	—	NO PRIOR
314	Wealthfront Advisers LLC	$2.9M	36,432	+4,116	ADD
315	First National Advisers, LLC	$2.9M	36,012	−5,467	TRIM
316	Spectrum Asset Management, Inc. (NB/CA)	$2.9M	35,995	+225	ADD
317	Financial Advisors Network, Inc.	$2.9M	35,794	—	NO PRIOR
318	Lido Advisors, LLC	$2.8M	35,555	+444	ADD
319	Sequoia Financial Advisors, LLC	$2.8M	35,328	+1,948	ADD
320	MIZUHO SECURITIES USA LLC	$2.8M	35,082	−7,172	TRIM
321	HANCOCK WHITNEY CORP	$2.8M	34,345	+34,345	NEW
322	M&T BANK CORP	$2.7M	34,271	−1,483	TRIM
323	Rockefeller Capital Management L.P.	$2.7M	34,163	−2,544	TRIM
324	Van Hulzen Asset Management, LLC	$2.7M	34,024	0	NO CHANGE
325	Palo Alto Investors LP	$2.7M	33,640	0	NO CHANGE
326	Waverly Advisors, LLC	$2.7M	33,583	+991	ADD
327	COMMERCE BANK	$2.7M	33,540	+4,286	ADD
328	CIBC WORLD MARKET INC.	$2.7M	33,360	−241	TRIM
329	Mediolanum International Funds Ltd	$2.7M	33,574	+24,920	ADD
330	HARTFORD INVESTMENT MANAGEMENT CO	$2.7M	33,130	−395	TRIM
331	Comprehensive Financial Consultants Institutional, Inc.	$2.7M	33,129	+681	ADD
332	Brevan Howard Capital Management LP	$2.7M	33,116	−35,564	TRIM
333	NWAM LLC	$2.6M	32,909	+904	ADD
334	EDMOND DE ROTHSCHILD HOLDING S.A.	$2.6M	32,784	−554,913	TRIM
335	Pinnacle Financial Partners, Inc.	$2.6M	32,651	−840	TRIM
336	DAVIDSON KEMPNER CAPITAL MANAGEMENT LP	$2.6M	32,600	+32,600	NEW
337	Concurrent Investment Advisors, LLC	$2.6M	32,489	+1,159	ADD
338	Banque Transatlantique SA	$2.6M	31,956	+655	ADD
339	LMR Partners LLP	$2.5M	31,672	+31,672	NEW
340	Intesa Sanpaolo S.p.A.	$2.5M	31,400	0	NO CHANGE
341	HOWLAND CAPITAL MANAGEMENT LLC	$2.5M	31,089	0	NO CHANGE
342	Citizens Business Bank	$2.5M	30,969	−55	TRIM
343	Hixon Zuercher, LLC	$2.5M	30,917	−399	TRIM
344	J. Safra Sarasin Holding AG	$2.5M	30,688	−1,778	TRIM
345	Summit Trail Advisors, LLC	$2.4M	30,314	−12,690	TRIM
346	MGO ONE SEVEN LLC	$2.4M	29,986	+5,471	ADD
347	REGIONS FINANCIAL CORP	$2.4M	29,589	+348	ADD
348	Midwest Professional Planners, LTD.	$2.4M	29,579	+588	ADD
349	Inscription Capital, LLC	$2.4M	29,458	+586	ADD
350	Northwest & Ethical Investments L.P.	$2.3M	29,223	−7,414	TRIM
351	STEMPOINT CAPITAL LP	$2.3M	29,176	+29,176	NEW
352	OLD NATIONAL BANCORP /IN/	$2.3M	29,037	−13,318	TRIM
353	RENAISSANCE TECHNOLOGIES LLC	$2.3M	29,000	+29,000	NEW
354	HB Wealth Management, LLC	$2.3M	28,903	+1,509	ADD
355	Rock Springs Capital Management LP	$2.3M	28,900	−53,600	TRIM
356	Maryland State Retirement & Pension System	$2.3M	28,530	0	NO CHANGE
357	Advisors Asset Management, Inc.	$2.3M	28,481	+1,000	ADD
358	Chesley Taft & Associates LLC	$2.3M	28,151	0	NO CHANGE
359	Merit Financial Group, LLC	$2.2M	27,947	−335	TRIM
360	Ducere Wealth Management LLC	$2.2M	27,686	+97	ADD
361	WealthShield Partners, LLC	$2.2M	27,185	+553	ADD
362	Radnor Capital Management, LLC	$2.2M	26,915	0	NO CHANGE
363	AG2R LA MONDIALE GESTION D'ACTIFS	$2.1M	26,457	+350	ADD
364	Martin Capital Advisors, LLP	$2.1M	26,226	+150	ADD
365	PITTENGER & ANDERSON INC	$2.1M	26,186	+8,669	ADD
366	Metis Global Partners, LLC	$2.1M	25,968	−1,372	TRIM
367	Future Fund LLC	$2.1M	25,677	+27	ADD
368	Fairtree Asset Management (Pty) Ltd	$2.0M	25,454	+9,543	ADD
369	MEYER HANDELMAN CO	$2.0M	25,200	0	NO CHANGE
370	BRIGHT ROCK CAPITAL MANAGEMENT, LLC	$2.0M	25,000	0	NO CHANGE
371	LAZARD ASSET MANAGEMENT LLC	$2.0M	24,928	0	NO CHANGE
372	&PARTNERS	$2.0M	24,525	−348	TRIM
373	SITTNER & NELSON, LLC	$1.9M	24,275	−300	TRIM
374	Robbins Farley	$1.9M	24,264	+15	ADD
375	OSSIAM	$1.9M	23,843	+3,210	ADD
376	CALIBER WEALTH MANAGEMENT, LLC / KS	$1.9M	23,836	+2,162	ADD
377	MUFG Securities EMEA plc	$1.9M	23,790	0	NO CHANGE
378	Oak Harvest Investment Services	$1.9M	23,602	+3,666	ADD
379	Phoenix Financial Ltd.	$1.9M	23,583	+13,193	ADD
380	Laird Norton Wetherby Trust Company, LLC	$1.9M	23,203	+1,183	ADD
381	Empirical Financial Services, LLC d.b.a. Empirical Wealth Management	$1.9M	23,164	+578	ADD
382	Virtus Investment Advisers, LLC	$1.8M	22,700	−507	TRIM
383	Dai-ichi Life Insurance Company, Ltd	$1.8M	22,329	−1,439	TRIM
384	QUADRANT CAPITAL GROUP LLC	$1.8M	22,266	+7,153	ADD
385	Corient Private Wealth LLC	$1.8M	22,154	−186,867	TRIM
386	Independent Advisor Alliance	$1.8M	22,140	−235	TRIM
387	BANQUE PICTET & CIE SA	$1.8M	22,099	−78,812	TRIM
388	Farringdon Capital, Ltd.	$1.7M	21,709	+12,844	ADD
389	TEMA ETFS LLC	$1.7M	21,653	+1,706	ADD
390	Private Advisor Group, LLC	$1.7M	21,610	−670	TRIM
391	MML INVESTORS SERVICES, LLC	$1.7M	21,440	+3,658	ADD
392	Orion Porfolio Solutions, LLC	$1.7M	21,436	+6,882	ADD
393	Saudi Central Bank	$1.7M	21,420	+21,420	NEW
394	Maridea Wealth Management LLC	$1.7M	20,986	+4,564	ADD
395	MASTERINVEST Kapitalanlage GmbH	$1.7M	20,631	−1,643	TRIM
396	Empirical Finance, LLC	$1.6M	20,581	−43	TRIM
397	Bank Pictet & Cie (Europe) AG	$1.6M	20,185	0	NO CHANGE
398	Diversified Trust Co	$1.6M	20,057	−16,910	TRIM
399	TOKIO MARINE ASSET MANAGEMENT CO LTD	$1.6M	19,453	0	NO CHANGE
400	DF DENT & CO INC	$1.5M	19,253	−2,720	TRIM
401	Grantham, Mayo, Van Otterloo & Co. LLC	$1.5M	19,050	−15,886	TRIM
402	DE BURLO GROUP INC	$1.5M	19,031	0	NO CHANGE
403	Chicago Capital, LLC	$1.5M	18,984	−701	TRIM
404	SUVRETTA CAPITAL MANAGEMENT, LLC	$1.5M	18,700	+7,600	ADD
405	MCCARTER PRIVATE WEALTH SERVICES LLC	$1.5M	18,679	−7,703	TRIM
406	ALLIANZ SE	$1.5M	18,584	+8,727	ADD
407	NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC	$1.5M	18,568	+26	ADD
408	FIRST NATIONAL TRUST CO	$1.5M	18,351	+7,859	ADD
409	Addison Advisors LLC	$1.4M	17,971	−94	TRIM
410	Meiji Yasuda Life Insurance Co	$1.4M	17,900	+10,500	ADD
411	TRUSTMARK BANK TRUST DEPARTMENT	$1.4M	17,778	0	NO CHANGE
412	Rossmore Private Capital	$1.4M	17,772	−78	TRIM
413	180 WEALTH ADVISORS, LLC	$1.4M	17,762	+110	ADD
414	CHOREO, LLC	$1.4M	17,508	+528	ADD
415	SECTORAL ASSET MANAGEMENT INC	$1.4M	17,338	+17,338	NEW
416	Skandinaviska Enskilda Banken AB (publ)	$1.3M	16,782	−1,049,424	TRIM
417	GROUPAMA ASSET MANAGMENT	$1.3M	16,690	+16,690	NEW
418	North Dakota State Investment Board	$1.3M	16,673	−3,055	TRIM
419	Waterfront Wealth Inc.	$1.3M	16,341	+887	ADD
420	SMITHBRIDGE ASSET MANAGEMENT INC/DE	$1.3M	16,243	−16,155	TRIM
421	Ledyard National Bank	$1.3M	16,212	−50	TRIM
422	MUFG SECURITIES AMERICAS INC.	$1.3M	16,057	+424	ADD
423	FOX RUN MANAGEMENT, L.L.C.	$1.3M	16,166	−8,142	TRIM
424	NorthRock Partners, LLC	$1.3M	16,038	−567	TRIM
425	CI INVESTMENTS INC.	$1.3M	15,942	−1,052	TRIM
426	Dynamic Advisor Solutions LLC	$1.3M	15,926	+138	ADD
427	SECURIAN ASSET MANAGEMENT, INC	$1.3M	15,679	−100	TRIM
428	Savant Capital, LLC	$1.3M	15,625	−92	TRIM
429	Squarepoint Ops LLC	$1.2M	15,426	−39	TRIM
430	INSPIRION WEALTH ADVISORS, LLC	$1.2M	15,236	0	NO CHANGE
431	EADS & HEALD WEALTH MANAGEMENT	$1.2M	14,961	−352	TRIM
432	INTRUST BANK NA	$1.1M	14,333	+478	ADD
433	Stonehage Fleming Financial Services Holdings Ltd	$1.1M	14,304	−505	TRIM
434	BRADLEY FOSTER & SARGENT INC/CT	$1.1M	14,169	−10	TRIM
435	Stratos Wealth Partners, LTD.	$1.1M	14,147	−844	TRIM
436	ARGENT CAPITAL MANAGEMENT LLC	$1.1M	14,080	0	NO CHANGE
437	Simplify Asset Management Inc.	$1.1M	14,078	−5,260	TRIM
438	GREAT LAKES ADVISORS, LLC	$1.1M	13,839	−1,119	TRIM
439	Wedmont Private Capital	$1.1M	13,491	+1,769	ADD
440	DEERFIELD MANAGEMENT COMPANY, L.P.	$1.1M	13,702	0	NO CHANGE
441	Cove Private Wealth, LLC	$1.1M	13,702	+919	ADD
442	CHESAPEAKE CAPITAL CORP /IL/	$1.1M	13,468	+498	ADD
443	SHELTON WEALTH MANAGEMENT, LLC	$1.1M	13,452	+13,452	NEW
444	COLDSTREAM CAPITAL MANAGEMENT INC	$1.1M	13,306	+3,698	ADD
445	GATEWAY INVESTMENT ADVISERS LLC	$1.1M	13,301	+1,067	ADD
446	Atria Investments, Inc	$1.1M	13,117	+1,832	ADD
447	AXA S.A.	$1.0M	13,093	−1,491	TRIM
448	Focus Partners Advisor Solutions, LLC	$1.0M	13,093	−1,380	TRIM
449	Ally Financial Inc.	$1.0M	13,000	+13,000	NEW
450	Curi Capital, LLC	$1.0M	12,975	−2,840	TRIM
451	CULLINAN ASSOCIATES INC	$1.0M	12,600	0	NO CHANGE
452	WADDELL & ASSOCIATES, LLC	$992K	12,388	+42	ADD
453	Inspire Advisors, LLC	$987K	12,329	+12,329	NEW
454	Vestmark Advisory Solutions, Inc.	$984K	12,288	+492	ADD
455	BAILARD, INC.	$984K	12,288	−143	TRIM
456	Octavia Wealth Advisors, LLC	$975K	12,170	−61	TRIM
457	BOK Financial Private Wealth, Inc.	$968K	12,085	0	NO CHANGE
458	Atlantic Union Bankshares Corp	$966K	12,065	+173	ADD
459	Kestra Advisory Services, LLC	$963K	12,027	+12	ADD
460	EXCHANGE TRADED CONCEPTS, LLC	$958K	11,969	−6,552	TRIM
461	BankPlus Trust Department	$951K	11,875	+80	ADD
462	PRUDENTIAL PLC	$936K	11,684	0	NO CHANGE
463	Partners in Financial Planning	$928K	11,584	0	NO CHANGE
464	SAGESPRING WEALTH PARTNERS, LLC	$921K	11,502	+930	ADD
465	D.A. DAVIDSON & CO.	$914K	11,416	+622	ADD
466	GKV Capital Management Co., Inc.	$908K	11,335	−1,420	TRIM
467	ELEVATION POINT WEALTH PARTNERS, LLC	$907K	11,325	+3,416	ADD
468	FIDEURAM - INTESA SANPAOLO PRIVATE BANKING S.P.A.	$901K	11,247	−7,826	TRIM
469	Linden Thomas Advisory Services, LLC	$896K	11,193	−323	TRIM
470	MONETA GROUP INVESTMENT ADVISORS LLC	$895K	11,173	−217	TRIM
471	Siemens Fonds Invest GmbH	$894K	11,162	−2,689	TRIM
472	CHICAGO TRUST Co NA	$894K	11,160	−907	TRIM
473	Invera Wealth Advisors, LLC	$891K	11,128	−358	TRIM
474	Chicago Partners Investment Group LLC	$885K	10,860	+1,701	ADD
475	J.W. COLE ADVISORS, INC.	$873K	10,903	−196	TRIM
476	Blue Trust, Inc.	$866K	10,813	−403	TRIM
477	Bleakley Financial Group, LLC	$864K	10,794	−28,787	TRIM
478	Meeder Advisory Services, Inc.	$857K	10,701	+206	ADD
479	Argentarii, LLC	$855K	10,678	−2,814	TRIM
480	FIDUCIARY TRUST CO	$854K	10,662	−15	TRIM
481	CONWAY CAPITAL MANAGEMENT, INC.	$852K	10,645	−250	TRIM
482	Wealthspire Advisors, LLC	$843K	10,531	−4,807	TRIM
483	KELLY LAWRENCE W & ASSOCIATES INC/CA	$843K	10,525	0	NO CHANGE
484	Cresset Asset Management, LLC	$836K	10,444	+1,423	ADD
485	Ignite Planners, LLC	$830K	10,366	0	NO CHANGE
486	Suncoast Equity Management	$828K	10,345	−2,818	TRIM
487	Equitable Holdings, Inc.	$825K	9,884	+4,751	ADD
488	Legacy Wealth Asset Management, LLC	$822K	10,262	+1	ADD
489	1ST SOURCE BANK	$820K	10,241	+47	ADD
490	17 CAPITAL PARTNERS, LLC	$804K	10,036	+3,325	ADD
491	Plato Investment Management Ltd	$803K	10,020	+1,511	ADD
492	BALYASNY ASSET MANAGEMENT L.P.	$801K	9,998	−1,564,393	TRIM
493	SIGNATUREFD, LLC	$799K	9,981	+2,276	ADD
494	Malaga Cove Capital, LLC	$793K	9,902	+808	ADD
495	Apollon Wealth Management, LLC	$791K	9,872	+1,323	ADD
496	ARTHUR M. COHEN & ASSOCIATES, LLC	$790K	9,718	−2,065	TRIM
497	MAGNOLIA CAPITAL ADVISORS LLC	$788K	9,845	−986	TRIM
498	Objective Capital Management, LLC	$784K	9,785	+723	ADD
499	SCOTIA CAPITAL INC.	$776K	9,686	−85	TRIM
500	Penobscot Investment Management Company, Inc.	$772K	9,636	0	NO CHANGE

Newest filing in this build: 2026-07-31. Per-row filing dates are on each receipt.

Congress ↔ notable managers · EW

who in Congress disclosed purchases or sales beside which notable managers added or trimmed

Congress · last 90 days

Buyers: 1 Alan Armstrong R–OK $1K–$15K
Sellers: 0 — —

filed 2026-07-03 → 2026-10-01 · totals are statutory ranges

Notable managers · quarter ended 2026-03-31

Adding: 3 Viking Global Investors, Gotham Asset Management, Bridgewater Associates $120M held
Trimming: 0 — $0 held

NEW + ADD vs TRIM + EXIT, by shares · $ = reported value now, not the change · EDWARDS LIFESCIENCES CORP

Merged timeline of congressional filings and notable-manager moves on EW
Date	Who	Change	Size
2026-07-21	Alan Armstrong Congress	BUY	$1K–$15K
2026-05-15	Viking Global Investors 13F	NEW	+1,097,578 sh
2026-05-15	Gotham Asset Management 13F	ADD	+107,374 sh
2026-05-15	Bridgewater Associates 13F	ADD	+95,161 sh

4 newest rows · every row dates by its filing date: a disclosure's, or the 13F's for the quarter · a 13F row is a quarter-end snapshot, not a trade

17 members of Congress disclosed EW — the congressional view ↗

A 13F is a quarterly, long-only snapshot filed up to 45 days late — not current holdings. what a 13F covers ↗

13F reports cover LONG positions in Section 13(f) securities (US exchange-traded equities plus reportable options, warrants, certain convertibles) held by managers with at least $100M in such securities — so managers below that threshold are absent entirely. No short positions, no cash, no non-13(f) assets — not a full portfolio, and not a census of institutional ownership.

Positions are quarter-end snapshots filed up to 45 days late — not current holdings. A position may have been changed or closed before you ever see it, and is older still by however long ago that quarter ended.

Values are the manager's stated market value at quarter-end in era-dependent units (whole dollars for form versions effective 2023-01-03 onward, thousands before), normalized here to whole dollars with unit_basis carried on every record.

Affiliated managers may report the same position (otherManager), so one position can appear under more than one filer.

Positions under confidential treatment may be omitted until a later amendment discloses them.

These are disclosures, not investment advice (ARCHITECTURE.md §5.2 / M2-CONTRACT §5).