Vault-13

LAS VEGAS SANDS CORP LVS

COM · Common Stock · CUSIP 517834107 · ISIN US5178341070

American casino and resort operating company based in Paradise, Nevada

676 institutional holders +48 vs Q4 2022
307,244,983307.2m shares reported held*
40.2% of all shares outstanding*
$17.6bnreported value*
123 new 208 added 238 reduced 68 sold out net sold ≈ $314.7m (-5.7m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($65.5m this quarter). Holder counts are more reliable. Shares outstanding: 764.3m as of 2023-04-19, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $57.38. Options: 41 managers hold calls ($1.1bn notional), 42 hold puts ($809.1m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 561Q4 22: 628Q1 23: 676676Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022561
Q4 2022628
Q1 2023676

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 286 bought or addedQ4 22: 288 cut or sold outQ4 22Q1 23: 331 bought or addedQ1 23: 306 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022286288
Q1 2023331306

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$500m$1bn$1.5bnQ3 22 calls: $957.5mQ3 22 puts: $477.1mQ3 22P/C 0.50Q4 22 calls: $1.2bnQ4 22 puts: $736.1mQ4 22P/C 0.62Q1 23 calls: $1.1bnQ1 23 puts: $809.1mQ1 23P/C 0.72
Numbers
QuarterCallsPutsP/C
Q3 2022$957.5m$477.1m0.50
Q4 2022$1.2bn$736.1m0.62
Q1 2023$1.1bn$809.1m0.72

Biggest buyers

Fisher Asset Management, LLC Added +9,058,124+9.1m
VOYA INVESTMENT MANAGEMENT LLC Added +3,322,732+3.3m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +3,196,878+3.2m
AGF MANAGEMENT LTD New +3,053,646+3.1m
Invesco Ltd. Added +1,559,164+1.6m
FMR LLC Added +1,288,569+1.3m
AMERIPRISE FINANCIAL INC Added +1,039,962+1.0m
SCOUT INVESTMENTS, INC. New +901,219+901.2k
GOLDMAN SACHS GROUP INC Added +751,188+751.2k
Qube Research & Technologies Ltd New +719,960+720.0k

Biggest sellers

Capital World Investors Reduced -6,709,790-6.7m
WELLINGTON MANAGEMENT GROUP LLP Reduced -3,282,980-3.3m
Amundi Reduced -2,353,319-2.4m
Palestra Capital Management LLC Sold out -1,747,057-1.7m
Jericho Capital Asset Management L.P. Sold out -1,672,000-1.7m
MONTANOVA CAPITAL, LLC Sold out -1,625,685-1.6m
BARROW HANLEY MEWHINNEY & STRAUSS LLC Reduced -1,483,970-1.5m
Aspex Management (HK) Ltd Sold out -1,317,465-1.3m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduced -1,161,327-1.2m
Atreides Management, LP Sold out -1,145,413-1.1m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $279.8m4.9m shares
ALKEON CAPITAL MANAGEMENT LLC New $215.4m3.8m shares
CITADEL ADVISORS LLC Reduced $106.7m1.9m shares
UBS Group AG Added $72.4m1.3m shares
JANE STREET GROUP, LLC Reduced $66.9m1.2m shares
Twin Tree Management, LP Added $58.0m1.0m shares
CMT Capital Markets Trading GmbH Reduced $56.5m983.1k shares
BARCLAYS PLC Reduced $39.2m681.7k shares
SIMPLEX TRADING, LLC Reduced $38.8m675.8k shares
Walleye Trading LLC Reduced $28.8m501.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $240.8m4.2m shares
CITADEL ADVISORS LLC Reduced $98.4m1.7m shares
JANE STREET GROUP, LLC New $94.7m1.6m shares
SIMPLEX TRADING, LLC New $58.2m1.0m shares
CMT Capital Markets Trading GmbH New $41.4m721.4k shares
BARCLAYS PLC Reduced $39.7m690.9k shares
GOLDMAN SACHS GROUP INC Added $27.6m480.0k shares
Walleye Trading LLC Reduced $26.3m457.4k shares
Parallax Volatility Advisers, L.P. Reduced $21.4m371.9k shares
Twin Tree Management, LP New $16.6m288.9k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Adelson Miriam 13D · may seek influence +1.2 pts · filed 2026-08-11
Stated purposeItem 4 of the Schedule 13D is hereby amended by adding the text below to the end of Item 4 of the Schedule 13D. The Issuer has historically maintained a share repurchase program for the repurchase of shares of its Common Stock from time to time. As a result of repurchases under this program, the number of shares of outstanding Common Stock has decreased, and consequently, the percentages of shares of Common Stock beneficially owned by certain of the Reporting Persons have passively increased. ESBT S Trust and Ms. Dumont adopt the disclosure made by the other Reporting Persons in Item 4 of the Schedule 13D. Full filing
52.7% +1.2 pts 341.4m≈ $15.8bn 2026-08-11

Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)

Insider purchases and sales in Q1 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q1 2023.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PRICE T ROWE ASSOCIATES INC /MD/ 0.28% of their portfolio BALTIMORE, MD 32,941,38532.9m $1.9bn $1.9bn 0.28% Reduced -452.4k -452,367
2 VANGUARD GROUP INC 0.05% of their portfolio Valley Forge, PA 32,246,67032.2m $1.9bn $1.9bn 0.05% Added +309.5k +309,542
3 Capital World Investors 0.29% of their portfolio LOS ANGELES, CA 24,828,84124.8m $1.4bn $1.4bn 0.29% Reduced -6.7m -6,709,790
4 BlackRock Inc. 0.04% of their portfolio New York, NY 23,298,76723.3m $1.3bn $1.3bn 0.04% Added +330.2k +330,221
5 Invesco Ltd. 0.26% of their portfolio ATLANTA, GA 16,282,39616.3m $935.4m $935.4m 0.26% Added +1.6m +1,559,164
6 STATE STREET CORP 0.04% of their portfolio BOSTON, MA 12,520,95112.5m $719.3m $719.3m 0.04% Reduced -128.8k -128,798
7 Nuveen Asset Management, LLC 0.26% of their portfolio CHICAGO, IL 12,079,86612.1m $694.0m $694.0m 0.26% Reduced -844.1k -844,062
8 Fisher Asset Management, LLC 0.32% of their portfolio PLANO, TX 9,234,5059.2m $530.5m $530.5m 0.32% Added +9.1m +9,058,124
9 Bank of New York Mellon Corp 0.11% of their portfolio NEW YORK, NY 8,391,0968.4m $482.1m $482.1m 0.11% Added +666.6k +666,588
10 BARROW HANLEY MEWHINNEY & STRAUSS LLC 1.70% of their portfolio DALLAS, TX 7,661,1827.7m $440.1m $440.1m 1.70% Reduced -1.5m -1,483,970
11 GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio BOSTON, MA 6,772,7256.8m $388.2m $388.2m 0.05% Added +149.6k +149,588
12 WELLINGTON MANAGEMENT GROUP LLP 0.07% of their portfolio Boston, MA 6,558,6566.6m $376.8m $376.8m 0.07% Reduced -3.3m -3,282,980
13 VOYA INVESTMENT MANAGEMENT LLC 0.24% of their portfolio ATLANTA, GA 3,913,4373.9m $224.8m $224.8m 0.24% Added +3.3m +3,322,732
14 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.31% of their portfolio BALA CYNWYD, PA 3,427,4153.4m $196.9m $196.9m 0.31% Added +3.2m +3,196,878
15 Amundi 0.10% of their portfolio Paris, I0 3,242,2563.2m $183.3m $183.3m 0.10% Reduced -2.4m -2,353,319
16 NORGES BANK 0.04% of their portfolio OSLO, Q8 3,239,3303.2m $186.1m $186.1m 0.04% Reduced -184.0k -183,988
17 AGF MANAGEMENT LTD 1.20% of their portfolio TORONTO, A6 3,053,6463.1m $175.4m $175.4m 1.20% New
18 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 2,990,5883.0m $171.8m $171.8m 0.06% Added +1.0m +1,039,962
19 Boston Partners 0.23% of their portfolio BOSTON, MA 2,928,9182.9m $168.3m $168.3m 0.23% Reduced -468.3k -468,264
20 NORTHERN TRUST CORP 0.03% of their portfolio CHICAGO, IL 2,924,3742.9m $168.0m $168.0m 0.03% Reduced -16.0k -15,988
21 FRED ALGER MANAGEMENT, LLC 0.88% of their portfolio NEW YORK, NY 2,872,9002.9m $165.0m $165.0m 0.88% Added +185.3k +185,266
22 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 2,848,4262.8m $163.6m $163.6m 0.02% Added +133.9k +133,873
23 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.07% of their portfolio NEW YORK, NY 2,554,4782.6m $146.8m $146.8m 0.07% Reduced -1.2m -1,161,327
24 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 2,491,7802.5m $143.2m $143.2m 0.04% Reduced -481.1k -481,065
25 SCHRODER INVESTMENT MANAGEMENT GROUP 0.18% of their portfolio London, X0 2,154,7052.2m $123.8m $123.8m 0.18% Added +563.2k +563,220
26 Legal & General Group Plc 0.04% of their portfolio London, X0 2,068,8542.1m $118.9m $118.9m 0.04% Added +45.7k +45,689
27 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,981,8642.0m $113.9m $113.9m 0.01% Added +513.6k +513,578
28 STEADFAST CAPITAL MANAGEMENT LP 3.35% of their portfolio NEW YORK, NY 1,940,0001.9m $111.5m $111.5m 3.35% Reduced -85.0k -85,000
29 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 1,938,9371.9m $111.4m $111.4m 0.03% Added +33.5k +33,543
30 FRANKLIN RESOURCES INC 0.05% of their portfolio San Mateo, CA 1,807,6771.8m $103.9m $103.9m 0.05% Reduced -180.3k -180,264
31 FMR LLC 0.00% of their portfolio BOSTON, MA 1,619,8741.6m $93.1m $93.1m 0.00% Added +1.3m +1,288,569
32 Anomaly Capital Management, LP 3.85% of their portfolio New York, NY 1,523,3841.5m $87.5m $87.5m 3.85% Reduced -470.6k -470,574
33 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,412,7071.4m $81.2m $81.2m 0.02% Added +751.2k +751,188
34 Swiss National Bank 0.05% of their portfolio ZURICH, V8 1,364,7001.4m $78.4m $78.4m 0.05% Reduced -32.9k -32,900
35 Balyasny Asset Management L.P. 0.25% of their portfolio Chicago, IL 1,346,2951.3m $77.3m $77.3m 0.25% Reduced -707.9k -707,907
36 NorthCoast Asset Management LLC 1.31% of their portfolio STAMFORD, CT 1,314,0941.3m $75.5m $75.5m 1.31% Reduced -215.9k -215,857
37 Point72 Asset Management, L.P. 0.24% of their portfolio STAMFORD, CT 1,181,5781.2m $67.9m $67.9m 0.24% Reduced -321.2k -321,225
38 Broad Peak Investment Holdings Ltd. 8.82% of their portfolio SINGAPORE, U0 1,073,5151.1m $61.7m $61.7m 8.82% Reduced -975.0k -975,000
39 BARCLAYS PLC 0.06% of their portfolio LONDON, X0 1,049,2381.0m $60.3m $60.3m 0.06% Reduced -836.9k -836,936
40 ARGA Investment Management, LP 2.17% of their portfolio STAMFORD, CT 1,010,7661.0m $58.1m $58.1m 2.17% Reduced -30.5k -30,461
41 CASTLEARK MANAGEMENT LLC 2.76% of their portfolio CHICAGO, IL 976,939976.9k $56.1m $56.1m 2.76% Reduced -14.9k -14,870
42 Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio CHIYODA-KU, TOKYO, M0 916,685916.7k $52.7m $52.7m 0.04% Reduced -7.3k -7,335
43 SCOUT INVESTMENTS, INC. 1.05% of their portfolio KANSAS CITY, MO 901,219901.2k $51.8m $51.8m 1.05% New
44 PRIMECAP MANAGEMENT CO/CA/ 0.04% of their portfolio PASADENA, CA 884,200884.2k $50.8m $50.8m 0.04% Reduced -275.2k -275,200
45 FEDERATED HERMES, INC. 0.13% of their portfolio PITTSBURGH, PA 868,774868.8k $49.9m $49.9m 0.13% Added +609.4k +609,444
46 BAMCO INC /NY/ 0.13% of their portfolio NEW YORK, NY 774,410774.4k $44.5m $44.5m 0.13% Added +491.6k +491,603
47 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 753,887753.9k $43.3m $43.3m 0.02% Reduced -33.8k -33,822
48 Russell Investments Group, Ltd. 0.08% of their portfolio Seattle, WA 747,439747.4k $42.9m $42.9m 0.08% Reduced -9.7k -9,680
49 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 745,267745.3k $42.8m $42.8m 0.01% Reduced -105.9k -105,947
50 CITADEL ADVISORS LLC 0.05% of their portfolio MIAMI, FL 728,905728.9k $41.9m $41.9m 0.05% Reduced -206.5k -206,478
51 Qube Research & Technologies Ltd 0.24% of their portfolio LONDON, X0 719,960720.0k $41.4m $41.4m 0.24% New
52 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.07% of their portfolio FRANKFURT AM MAIN, 2M 710,063710.1k $40.8m $40.8m 0.07% Added +9.8k +9,850
53 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 660,452660.5k $37.9m $37.9m 0.01% Reduced -9.3k -9,332
54 California Public Employees Retirement System 0.03% of their portfolio Sacramento, CA 656,817656.8k $37.7m $37.7m 0.03% Reduced -106.3k -106,287
55 NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio ALBANY, NY 655,902655.9k $37.7m $37.7m 0.05% Reduced -127.6k -127,566
56 Maple Rock Capital Partners Inc. 3.54% of their portfolio Toronto, A6 629,500629.5k $36.2m $36.2m 3.54% Added +56.5k +56,500
57 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 617,638617.6k $35.5m $35.5m 0.04% Added +582.3k +582,280
58 RHUMBLINE ADVISERS 0.04% of their portfolio BOSTON, MA 611,109611.1k $35.1m $35.1m 0.04% Added +20.7k +20,666
59 UBS Group AG 0.02% of their portfolio ZURICH, V8 606,892606.9k $34.9m $34.9m 0.02% Added +19.8k +19,789
60 Clearbridge Investments, LLC 0.03% of their portfolio NEW YORK, NY 606,552606.6k $34.8m $34.8m 0.03% Added +228.6k +228,635
61 Allianz Asset Management GmbH 0.07% of their portfolio MUNICH, 2M 599,404599.4k $34.4m $34.4m 0.07% Added +571.0k +570,995
62 National Pension Service 0.06% of their portfolio JEONJU-SI, JEOLLABUK-DO, M5 583,997584.0k $32.4m $32.4m 0.06% Added +50.5k +50,504
63 PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio DES MOINES, IA 583,898583.9k $33.5m $33.5m 0.02% Added +185.2k +185,227
64 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio WEST SACRAMENTO, CA 572,612572.6k $32.9m $32.9m 0.05% Reduced -5.5k -5,531
65 53 HOUSE LLP 7.67% of their portfolio LONDON, X0 531,794531.8k $30.6m $30.6m 7.67% Added +18.3k +18,311
66 COOPERMAN LEON G 1.73% of their portfolio BOCA RATON, FL 500,000500.0k $28.7m $28.7m 1.73% Unchanged
67 Assenagon Asset Management S.A. 0.11% of their portfolio SENNINGERBERG, N4 490,467490.5k $28.2m $28.2m 0.11% Added +142.5k +142,544
68 AXA S.A. 0.10% of their portfolio PARIS, I0 488,853488.9k $28.1m $28.1m 0.10% Reduced -42.0k -41,963
69 SG Americas Securities, LLC 0.36% of their portfolio NEW YORK, NY 471,801471.8k $27.1m $27.1m 0.36% Added +193.1k +193,114
70 Poplar Forest Capital LLC 3.19% of their portfolio PASADENA, CA 465,943465.9k $26.8m $26.8m 3.19% Reduced -167.2k -167,236
71 CITIGROUP INC 0.04% of their portfolio NEW YORK, NY 462,214462.2k $26.6m $26.6m 0.04% Reduced -390.3k -390,345
72 Hudson Bay Capital Management LP 0.15% of their portfolio STAMFORD, CT 448,866448.9k $25.8m $25.8m 0.15% Added +323.9k +323,866
73 CREDIT SUISSE AG/ 0.03% of their portfolio ZURICH, V8 445,654445.7k $25.6m $25.6m 0.03% Reduced -340.3k -340,255
74 Korea Investment CORP 0.07% of their portfolio SEOUL, M5 445,193445.2k $25.6m $25.6m 0.07% Added +2.0k +1,995
75 ExodusPoint Capital Management, LP 0.29% of their portfolio NEW YORK, NY 436,127436.1k $25.1m $25.1m 0.29% Added +136.8k +136,827
76 TOBAM 1.65% of their portfolio PARIS, I0 436,104436.1k $25.1m $25.1m 1.65% Added +5.4k +5,358
77 Aberdeen Group plc 0.06% of their portfolio EDINBURGH, X0 428,337428.3k $24.6m $24.6m 0.06% Reduced -790.5k -790,510
78 Calamos Advisors LLC 0.12% of their portfolio NAPERVILLE, IL 424,696424.7k $24.4m $24.4m 0.12% Reduced -68.2k -68,175
79 TCTC Holdings, LLC 0.96% of their portfolio DALLAS, TX 414,548414.5k $23.8m $23.8m 0.96% Reduced -800 -800
80 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.07% of their portfolio LOS ANGELES, CA 413,941413.9k $23.8m $23.8m 0.07% Reduced -9.1k -9,136
81 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 406,248406.2k $23.3m $23.3m 0.01% Reduced -268.3k -268,294
82 PRUDENTIAL FINANCIAL INC 0.03% of their portfolio NEWARK, NJ 406,027406.0k $16.6m $16.6m 0.03% Reduced -85.7k -85,723
83 SCOPUS ASSET MANAGEMENT, L.P. 0.86% of their portfolio NEW YORK, NY 400,000400.0k $23.0m $23.0m 0.86% Reduced -375.0k -375,000
84 Interval Partners, LP 1.28% of their portfolio NEW YORK, NY 397,513397.5k $22.8m $22.8m 1.28% Added +358.2k +358,227
85 DNB Asset Management AS 0.14% of their portfolio Oslo, Q8 389,653389.7k $22.4m $22.4m 0.14% Added +343.3k +343,319
86 MOORE CAPITAL MANAGEMENT, LP 0.69% of their portfolio NEW YORK, NY 384,149384.1k $22.1m $22.1m 0.69% Reduced -453.2k -453,154
87 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.05% of their portfolio TALLAHASSEE, FL 378,346378.3k $21.7m $21.7m 0.05% Unchanged
88 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 377,128377.1k $21.7m $21.7m 0.01% Reduced -177.3k -177,303
89 PINNACLE ASSOCIATES LTD 0.44% of their portfolio NEW YORK, NY 374,362374.4k $21.5m $21.5m 0.44% Reduced -9.4k -9,407
90 Holocene Advisors, LP 0.11% of their portfolio New York, NY 366,333366.3k $21.0m $21.0m 0.11% Reduced -430.3k -430,291
91 TWINBEECH CAPITAL LP 0.42% of their portfolio PURCHASE, NY 362,212362.2k $20.8m $20.8m 0.42% Reduced -802.1k -802,063
92 Mirae Asset Global Investments Co., Ltd. 0.05% of their portfolio SEOUL, M5 361,505361.5k $20.2m $20.2m 0.05% Added +320.2k +320,191
93 Minneapolis Portfolio Management Group, LLC 2.69% of their portfolio Wayzata, MN 358,717358.7k $20.6m $20.6m 2.69% Reduced -8.5k -8,531
94 FACTORY MUTUAL INSURANCE CO 0.32% of their portfolio WALTHAM, MA 354,100354.1k $20.3m $20.3m 0.32% Unchanged
95 Grantham, Mayo, Van Otterloo & Co. LLC 0.10% of their portfolio Boston, MA 351,362351.4k $20.2m $20.2m 0.10% Reduced -69.3k -69,298
96 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio ALBANY, NY 349,119349.1k $20.1m $20.1m 0.05% Reduced -1.8k -1,802
97 Mitsubishi UFJ Asset Management Co., Ltd. 0.05% of their portfolio TOKYO, M0 346,839346.8k $19.9m $19.9m 0.05% Added +10.8k +10,838
98 Silvant Capital Management LLC 1.24% of their portfolio ATLANTA, GA 332,302332.3k $19.1m $19.1m 1.24% Added +69.7k +69,669
99 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio Boston, MA 329,100329.1k $18.9m $18.9m 0.04% Reduced -5.1k -5,100
100 PENN DAVIS MCFARLAND INC 3.46% of their portfolio DALLAS, TX 328,084328.1k $18.8m $18.8m 3.46% Reduced -52 -52