INNOVATIVE SOLUTIONS & SUPPO

Ticker: ISSC CUSIP: 45769N105 Class: COM

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
MARSHALL WACE, LLP754,488$14,290
VANGUARD GROUP INC696,748$13,196
MORGAN STANLEY671,528$12,719
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.595,174$11,273
WealthTrust Axiom LLC386,370$7,318
DIMENSIONAL FUND ADVISORS LP377,833$7,158
BlackRock, Inc.343,761$6,511
STIFEL FINANCIAL CORP291,945$5,529
MILLENNIUM MANAGEMENT LLC280,579$5,314
RENAISSANCE TECHNOLOGIES LLC269,093$5,097
Palisades Investment Partners, LLC239,276$4,532
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP225,101$4,263
SUSQUEHANNA INTERNATIONAL GROUP, LLP221,745$4,200
JANE STREET GROUP, LLC173,622$3,288
ISTHMUS PARTNERS, LLC170,995$3,239
Connor, Clark & Lunn Investment Management Ltd.165,084$3,127
RAYMOND JAMES FINANCIAL INC163,520$3,097
Man Group plc154,716$2,930
Pekin Hardy Strauss, Inc.139,700$2,646
GEODE CAPITAL MANAGEMENT, LLC138,932$2,632
Teton Advisors, LLC130,000$2,462
GAMCO INVESTORS, INC. ET AL126,500$2,396
GOLDMAN SACHS GROUP INC118,559$2,246
GABELLI FUNDS LLC109,813$2,080
LAZARD ASSET MANAGEMENT LLC102,619$1,944
Mesirow Financial Investment Management, Inc.90,199$1,708
UBS Group AG86,932$1,646
Qube Research & Technologies Ltd80,975$1,534
NEW YORK STATE COMMON RETIREMENT FUND71,180$1,348
Hennion & Walsh Asset Management, Inc.64,599$1,224
STATE STREET CORP64,193$1,216
Russell Investments Group, Ltd.60,479$1,145
EAM Investors, LLC51,581$977
Point72 Asset Management, L.P.49,475$937
HighTower Advisors, LLC49,167$931
TWO SIGMA INVESTMENTS, LP48,138$912
683 Capital Management, LLC45,000$852
CITADEL ADVISORS LLC44,630$845
NORTHERN TRUST CORP43,748$829
OMERS ADMINISTRATION Corp43,100$816
XTX Topco Ltd40,166$761
SEI INVESTMENTS CO31,399$595
BARCLAYS PLC29,335$556
BRIDGEWAY CAPITAL MANAGEMENT, LLC28,500$540
Centiva Capital, LP27,360$518
Bank of New York Mellon Corp26,717$506
O'SHAUGHNESSY ASSET MANAGEMENT, LLC24,218$459
Hudson Bay Capital Management LP23,588$447
AMERICAN CENTURY COMPANIES INC21,118$400
PANAGORA ASSET MANAGEMENT INC20,916$396
JAMES INVESTMENT RESEARCH INC20,400$386
NewEdge Advisors, LLC20,400$386
Wharton Business Group, LLC19,395$367
MANGROVE PARTNERS IM, LLC18,275$346
Integrated Quantitative Investments LLC18,193$345
PharVision Advisers, LLC17,274$327
AMERIPRISE FINANCIAL INC16,981$322
LPL Financial LLC16,976$322
Meixler Investment Management, Ltd.16,575$314
Quadrature Capital Ltd16,399$311
Squarepoint Ops LLC16,093$305
BANK OF AMERICA CORP /DE/14,770$280
RITHOLTZ WEALTH MANAGEMENT14,467$274
Graham Capital Management, L.P.13,825$262
GREAT VALLEY ADVISOR GROUP, INC.13,228$251
J.W. COLE ADVISORS, INC.12,620$239
INTEGRITY ALLIANCE, LLC.10,150$192
OSAIC HOLDINGS, INC.9,091$172
CITIGROUP INC8,331$158
BNP PARIBAS ARBITRAGE, SA6,950$132
CANADA PENSION PLAN INVESTMENT BOARD6,300$119
GROUP ONE TRADING, L.P.5,377$102
PNC Financial Services Group, Inc.2,400$45
Global Retirement Partners, LLC1,886$36
ROYAL BANK OF CANADA1,277$24
Quarry LP1,275$24
WELLS FARGO & COMPANY/MN1,000$19
Covestor Ltd649$0
AdvisorNet Financial, Inc400$8
US BANCORP \DE\383$7
Sunbelt Securities, Inc.298$6
Motiv8 Investments LLC250$0
Caitong International Asset Management Co., Ltd126$2
Spire Wealth Management100$2
SBI Securities Co., Ltd.26$0
JONES FINANCIAL COMPANIES LLLP4$0
Total (86 institutions)8,536,558$161,668