Arthur J. Gallagher & Co. (AJG)

Arthur J. Gallagher & Co.

AJG

Super Fund	Position	Shares	Curr. Value	Port. %	Activity
Winslow Capital Management	Equity	823,622	$284,347,260	1.13%	-67.51%
Viking Global Investors	Equity	666,552	$230,120,412	0.73%	+100%
Sands Capital Management	Equity	202,631	$69,956,326	0.24%	+100%
Blackstone	Equity	150,000	$51,786,000	0.22%	0%

Total Shares Held: 1,842,805

Total Value Reported: $636,209,998

Average Allocation per Portfolio 0.58%

Largest Single Portfolio Allocation: 1.13%

Largest Shareholder: Winslow Capital Management

Change in Total Shares Held (Q on Q): -1,141,944

Percentage Change in Shares Held (Q on Q): -38.26%

Number of Current Holders: 4

Number of New Holders (Q on Q): 2

Number of Funds with Additions (Q on Q): 2

Number of Funds with Deductions (Q on Q): 2

Number of Funds Fully Divested (Q on Q): 1

Number of Funds with No Change (Q on Q): 1