Quad/Graphics Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top 25 shareholders own 68.22% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
23.6%	Quad/graphics, Inc. Voting Trust	12,286,914	US$91.5m	0%	no data
5.58%	Quad/graphics Esop	2,907,421	US$21.7m	0%	100.0%
4.81%	J. Quadracci	2,506,955	US$18.7m	0%	no data
4.1%	Dimensional Fund Advisors LP	2,136,907	US$15.9m	-3.58%	no data
3.98%	BlackRock, Inc.	2,072,064	US$15.4m	-1.09%	no data
3.44%	The Vanguard Group, Inc.	1,790,705	US$13.3m	1.31%	no data
3.15%	Hotchkis and Wiley Capital Management, LLC	1,640,083	US$12.2m	0.31%	0.04%
2.78%	Miller Value Partners, LLC	1,447,015	US$10.8m	1.17%	0.61%
2.24%	LSV Asset Management	1,165,265	US$8.7m	4.19%	0.02%
1.93%	Bridgeway Capital Management, LLC	1,007,137	US$7.5m	1.43%	0.11%
1.56%	Great Valley Advisor Group, Inc.	812,975	US$6.1m	-2.57%	0.15%
1.49%	Renaissance Technologies LLC	777,300	US$5.8m	1.73%	0.01%
1.38%	Christopher Harned	721,533	US$5.4m	0.08%	no data
1.25%	Geode Capital Management, LLC	653,816	US$4.9m	3.1%	no data
1.24%	David Honan	644,831	US$4.8m	0%	no data
1.01%	State Street Global Advisors, Inc.	528,640	US$3.9m	10.7%	no data
0.92%	American Beacon Advisors, Inc.	481,638	US$3.6m	0%	0.08%
0.63%	Stornoway Portfolio Management, Inc.	329,323	US$2.5m	0%	31.29%
0.51%	Kelly Vanderboom	265,274	US$2.0m	0%	no data
0.49%	Anthony Staniak	253,250	US$1.9m	0%	no data
0.48%	Northern Trust Global Investments	248,648	US$1.9m	-4.4%	no data
0.46%	American Century Investment Management Inc	238,314	US$1.8m	-33.8%	no data
0.45%	Exchange Traded Concepts, LLC	232,999	US$1.7m	3.52%	0.03%
0.41%	Eric Ashworth	216,249	US$1.6m	-2.67%	no data
0.37%	D. E. Shaw & Co., L.P.	190,379	US$1.4m	23.9%	no data