ACAS Logo Portfolio Company
BOSTON| CHICAGO| DALLAS| FRANKFURT| LONDON| LOS ANGELES| MADRID| NEW YORK| PALO ALTO| PARIS| PROVIDENCE| WASHINGTON, DC

INVESTOR RELATIONS

American Capital's Institutional Shareholders as of June 30, 2008.*

Major Stockholders



Holder Name Position Rpt Date Source
Vanguard Group, Inc.
7,966,802
03-31-08
13F Form
Barclays Global Investors NA (California)
6,117,079
03-31-08
13F Form
State Street Global Advisors
5,731,681
03-31-08
13F Form
Gardner Lewis Asset Management
5,548,175
03-31-08
13F Form
Capital Guardian Trust Co.
5,078,840
03-31-08
13F Form
Capital World Investors
4,020,000
03-31-08
13F Form
Columbia Management Advisors, Inc.
3,571,336
03-31-08
13F Subfiler
Merrill Lynch, Pierce, Fenner & Smith, Inc.
1,781,731
03-31-08
13F Form
Northern Trust Investments
1,760,565
03-31-08
13F Form
Morgan Stanley & Co., Inc.
1,365,748
03-31-08
13F Subfiler
Malon Wilkus
1,349,428
05-08-08
Form 4 Chgs Ben Ownership
TIAA-CREF Asset Management LLC
1,242,736
03-31-08
13F Combined
Mellon Capital Management
1,228,935
03-31-08
13F Subfiler
Edge Asset Management, Inc.
1,109,720
03-31-08
13F Form
Crawford Investment Counsel, Inc.
1,097,196
03-31-08
13F Form
Morgan Stanley Investment Management, Inc.
1,086,551
03-31-08
13F Subfiler
Kinetics Asset Management, Inc.
1,019,449
03-31-08
13F Form
Dimensional Fund Advisors, Inc.
1,017,232
03-31-08
13F Form
Copper River Management LLC (Millburn)
1,014,238
03-31-08
13F Form
BlackRock Advisors, Inc.
953,540
03-31-08
13F Subfiler
JPMorgan Asset Management, Inc.
910,395
03-31-08
13F Subfiler
Citigroup Global Markets (United States)
872,248
03-31-08
13F Subfiler
New York State Teachers Retirement System
844,200
03-31-08
13F Form
J. V. Bruni & Co., Inc.
791,552
03-31-08
13F Form
Ohio Public Employees Retirement System
781,978
03-31-08
13F Form
Geode Capital Management LLC
769,237
03-31-08
13F Form
Nomura Asset Management Co., Ltd.
744,050
03-31-08
13F Form
Norges Bank Investment Management
722,642
03-31-08
13F Form
New York State Common Retirement Fund
721,800
03-31-08
13F Form
Alpine Woods Capital Investors LLC
679,000
03-31-08
13F Form
Wachovia Securities LLC
672,294
03-31-08
13F Subfiler
Franklin Portfolio Associates
661,500
03-31-08
13F Subfiler
Capital International (UK) Ltd.
661,100
03-31-08
13F Form
Legg Mason Investment Counsel LLC
620,797
03-31-08
13F Combined
Philip R. Harper
612,433
03-31-08
Proxy
Groesbeck Investment Management Corp.
583,805
03-31-08
13F Form
Maverick Capital Ltd.
581,590
03-31-08
13F Form
Capital International, Inc.
569,500
03-31-08
13F Form
Sumitomo Mitsui Asset Management Co. Ltd.
568,700
11-12-07
Sum of Funds
INVESCO PowerShares Capital Management LLC
541,481
03-31-08
13F Subfiler
JPMorgan Asset Management (UK) Ltd.
528,628
03-31-08
13F Subfiler
MFS Investment Management
504,460
03-31-08
13F Form
The Florida State Board of Administration
473,641
03-31-08
13F Form
Horizon Asset Management, Inc.
468,397
03-31-08
13F Form
Credit Suisse (United States)
460,279
03-31-08
13F Form
DIAM USA, Inc.
402,180
03-31-08
13F Form
OppenheimerFunds, Inc.
400,333
03-31-08
13F Form
Bank of New York Mellon Asset Management
397,486
03-31-08
13F Subfiler
Morgan Stanley Investment Management (UK)
397,225
03-31-08
13F Subfiler
Gallatin Asset Management, Inc.
382,326
03-31-08
13F Subfiler
Putnam Investment Management, Inc.
349,044
03-31-08
13F Form
Fifth Third Asset Management, Inc.
348,458
03-31-08
13F Combined
Goldman Sachs & Co.
347,418
03-31-08
13F Subfiler
Wells Capital Management, Inc.
345,255
03-31-08
13F Subfiler
Parametric Portfolio Associates
344,702
03-31-08
13F Form
Schroder Investment Management Ltd.
342,130
03-31-08
13F Subfiler
ING Investment Management (Belgium)
316,053
06-30-07
Sum of Funds
Deutsche Bank Investment Management, Inc.
310,710
03-31-08
13F Subfiler
California State Teachers Retirement System
308,314
03-31-08
13F Form
William Blair Capital Management LLC
307,700
03-31-08
13F Form
Axial Capital Management LLC
305,500
03-31-08
13F Form
Mason Street Advisors LLC
303,200
03-31-08
13F Form
UBS Securities LLC
300,937
03-31-08
13F Subfiler
Samuel Allan Flax
287,108
02-13-08
Form 4 Chgs Ben Ownership
Goldman Sachs Asset Management LP (US)
281,275
03-31-08
13F Subfiler
Comerica Asset Management
279,278
03-31-08
13F Form
UBS Global Asset Management
279,114
03-31-08
13F Subfiler
USAA Investment Management Corp.
268,887
03-31-08
13F Form
Brian S. Graff
257,127
06-03-08
Form 4 Chgs Ben Ownership
River Road Asset Management LLC
254,975
03-31-08
13F Form
Quantitative Management Associates LLC
251,399
03-31-08
13F Subfiler
JPMorgan Investment Advisors, Inc.
245,413
03-31-08
13F Subfiler
RBC Dominion Securities, Inc.
244,126
03-31-08
13F Combined
M&T Investment Group
240,369
03-31-08
13F Form
Horizon Global Advisers LLC
239,500
03-31-08
13F Form
Credit Suisse Asset Management, Inc. (New York)
235,532
03-31-08
13F Form
Dana Investment Advisors
235,241
03-31-08
13F Form
T. Rowe Price Associates, Inc.
221,050
03-31-08
13F Form
Emerson Investment Management, Inc.
220,225
03-31-08
13F Form
Rhumbline Advisers
214,659
03-31-08
13F Form
APG Investments
209,252
03-31-08
13F Combined
AllianceBernstein LP
208,751
03-31-08
13F Subfiler
Hardesty Capital Management Corp.
203,930
03-31-08
13F Form
LVM Capital Management Ltd.
200,665
03-31-08
13F Form
F&C Asset Managers Plc
199,310
03-31-08
13F Form
Dreyfus Investment Advisors, Inc.
198,582
03-31-08
13F Subfiler
Deutsche Investment Management Americas, Inc.
192,480
03-31-08
13F Subfiler
Chevy Chase Bank FSB
185,727
03-31-08
13F Form
RPF Equity Advisors LLC
185,319
03-31-08
13F Form
PETERSON KENNETH D JR
179,250
06-12-08
Form 4 Chgs Ben Ownership
Pyramis Global Advisors LLC
170,218
03-31-08
13F Subfiler
Metropolitan Life Insurance Co.
168,536
03-31-08
13F Combined
Adage Capital Advisors LLC
168,500
03-31-08
13F Form
Argyll Research LLC
165,800
12-31-07
13F Form
Millennium Partners
163,062
03-31-08
13F Form
Texas Permanent School Fund
161,855
03-31-08
13F Form
Societe Generale Asset Mgmt Alternative Investments SA (UK)
161,187
12-28-07
Sum of Funds
John R. Erickson
159,175
03-31-08
Proxy
Allianz Global Investors Kapitalanlagegesellschaft
153,642
03-31-08
13F Form
D. L. Carlson Investment Group, Inc.
150,669
03-31-08
13F Form
Lehman Brothers Asset Management LLC
148,738
03-31-08
13F Form
HSBC Global Asset Management (UK) Ltd.
144,388
03-31-08
13F Form
Michigan Department of Treasury
141,800
03-31-08
13F Form
BB&T Asset Management LLC
139,985
03-31-08
13F Combined
Roland H. Cline
138,213
02-13-08
Form 4 Chgs Ben Ownership
Pennsylvania Public School Employees Retirement System
130,122
03-31-08
13F Form
London Co. of Virginia
127,070
03-31-08
13F Form
Wells Fargo Bank N.A.
125,532
03-31-08
13F Subfiler
Neuberger Berman LLC
125,517
03-31-08
13F Form
FAF Advisors
125,141
03-31-08
13F Form
Principal Global Investors LLC
124,172
03-31-08
13F Form
IBM Retirement Plan
123,260
03-31-08
13F Form
Greenleaf Asset Management, Inc.
120,086
03-31-08
13F Form
AIG Global Investment Group
119,903
03-31-08
13F Subfiler
Resolution Asset Management Ltd.
118,843
01-31-08
Sum of Funds
Hamlin Capital Management LLC
116,625
03-31-08
13F Form
Charles Schwab Investment Management, Inc.
116,266
03-31-08
13F Form
SMH Capital Advisors, Inc.
115,194
03-31-08
13F Form
Balyasny Asset Management LLC
115,000
03-31-08
13F Form
INVESCO Capital Management
114,225
03-31-08
13F Subfiler
Samlyn Capital LLC
114,150
03-31-08
13F Form
Greenleaf Capital Management, Inc.
111,941
03-31-08
13F Form
Bridges Investment Counsel, Inc.
111,560
03-31-08
13F Combined
PGGM Vermogensbeheer BV.
111,538
03-31-08
13F Form
First Republic Investment Management, Inc.
109,690
12-31-07
13F Subfiler
BMO Capital Markets (Canada)
108,537
03-31-08
13F Subfiler
Scott & Stringfellow, Inc.
108,473
03-31-08
13F Form
S.A.C. Capital Advisors
107,400
03-31-08
13F Combined
Huntington Asset Advisors, Inc.
105,546
03-31-08
13F Form
First Wilshire Securities Management
105,430
03-31-08
13F Form
JPMorgan Securities, Inc.
103,200
03-31-08
13F Subfiler
Raymond James & Associates
95,685
03-31-08
13F Combined
The California Public Employees Retirement System
95,000
03-31-08
13F Form
Rothschild Investment Corp.
93,890
03-31-08
13F Form
Claymore Advisors LLC
93,320
03-31-08
13F Form
Ferris, Baker Watts, Inc.
92,765
03-31-08
13F Form
New York Life Investment Management LLC
92,124
03-31-08
13F Combined
Aletheia Research & Management, Inc.
91,388
03-31-08
13F Form
MFC Global Investment Management
91,175
03-31-08
13F Combined
Valinor Management LLC
89,600
03-31-08
13F Form
Arthur Zaske & Associates
88,755
03-31-08
13F Form
Enhanced Investment Technologies LLC
85,400
03-31-08
13F Subfiler
Fiduciary Financial Services of the Southwest, Inc.
85,255
03-31-08
13F Form
Bridgecreek Investment Management LLC
85,009
03-31-08
13F Form
The De Burlo Group, Inc.
84,800
03-31-08
13F Form
INVESCO Asset Management Ltd.
84,600
03-31-08
13F Subfiler
Evergreen Investment Management Co., Inc.
84,036
03-31-08
13F Subfiler
D. E. Shaw & Co., Inc.
83,956
03-31-08
13F Form
Gordon J. O'Brien
83,819
03-31-08
Proxy
BlackRock Japan Co. Ltd.
83,800
03-31-08
13F Form
DIAM Co., Ltd.
83,766
03-31-08
13F Form
Hartford Investment Management Co., Inc.
83,248
03-31-08
13F Form
Duncker, Streett & Co., Inc.
80,521
03-31-08
13F Form
Aberdeen Asset Management, Inc.
80,487
03-31-08
13F Combined
Arcadia Investment Management Corp.
78,485
03-31-08
13F Form
Two Sigma Investments LLC
78,337
03-31-08
13F Form
Capital International SA Switzerland
78,300
03-31-08
13F Form
Sumitomo Life Insurance Co. (Investment Management)
77,349
03-31-08
13F Form
First Quadrant LP
76,860
03-31-08
13F Form
Bar Harbor Trust Services
76,715
03-31-08
13F Form
Victory Capital Management, Inc.
76,513
03-31-08
13F Form
Sabal Investment Management
73,311
03-31-08
13F Form
Darin R. Winn
72,391
03-31-08
Proxy
KBC Groupe SA/NV (Investment Management)
70,202
03-31-08
13F Form
Bank of Hawaii Asset Management Group
69,960
03-31-08
13F Form
First Allied Securities, Inc.
68,236
03-31-08
13F Form
ING Investment Fund Management Co. Ltd.
66,964
06-30-07
Sum of Funds
ING Investments LLC
65,770
03-31-08
13F Combined
Advisors Capital Management LLC
64,965
03-31-08
13F Form
Pictet Asset Management SA
64,000
03-31-08
13F Form
Los Angeles Capital Mgmt & Equity Research, Inc.
63,908
03-31-08
13F Form
Daiwa SB Investments Ltd. (Japan)
63,147
03-31-08
13F Form
Webster Financial Advisors
62,931
03-31-08
13F Form
John G. Ullman & Associates, Inc.
60,066
03-31-08
13F Form
Employees Retirement System of Texas
60,000
03-31-08
13F Form
Forsta AP-fonden
59,853
12-31-07
Sum of Funds
Gluskin, Sheff + Associates, Inc. (Canada)
59,430
12-31-05
Sum of Funds
ExxonMobil Corp. Pension Trust
58,875
03-31-08
13F Form
MEMBERS Capital Advisors, Inc.
57,400
03-31-08
13F Form
Neville, Rodie & Shaw, Inc.
55,975
03-31-08
13F Form
Eurizon Capital SA
54,929
06-30-07
Sum of Funds
Capital One Asset Management LLC
54,584
03-31-08
13F Form
First Citizens Capital Management Group
53,091
03-31-08
13F Form
RiverSource Investments LLC
53,013
03-31-08
13F Form
Fortis Investment Management (Netherlands) NV
52,811
03-31-08
13F Subfiler
Wedbush Morgan Securities, Inc.
52,484
03-31-08
13F Form
UBS AG (Global Asset Management Switzerland)
52,000
03-31-08
13F Subfiler
Babson Capital Management LLC
49,822
03-31-08
13F Form
Technical Financial Services LLC
49,200
03-31-08
13F Form
STB Asset Management Co., Ltd.
48,569
09-19-07
Sum of Funds
CornerCap Investment Counsel, Inc.
48,270
03-31-08
13F Form
Kepler Fonds Kapitalanlage GmbH
47,831
10-31-07
Sum of Funds
FBB Capital Partners
47,816
03-31-08
13F Form
Oppenheimer Asset Management
47,384
03-31-08
13F Combined
Chartwell Investment Partners LP
47,200
03-31-08
13F Form
Nelson Capital Management, Inc.
46,363
03-31-08
13F Subfiler
Meritage Portfolio Management, Inc.
46,225
03-31-08
13F Form
Kentucky Teachers' Retirement System
45,600
03-31-08
13F Form
Bahl & Gaynor Investment Counsel, Inc.
45,410
03-31-08
13F Form
Blackrock Investment Management (UK) Ltd.
45,180
03-31-08
13F Form
Stratton Management Co.
45,100
03-31-08
13F Form
State Street Global Advisors (France) SA
45,100
03-31-08
Sum of Funds
Credit Agricole Asset Management (France) SA
43,575
03-31-08
13F Subfiler
Pensionskassernes Administration A/S
43,496
06-30-07
Sum of Funds
NewSouth Capital Management, Inc.
42,820
03-31-08
13F Form
Legal & General Investment Management Ltd.
42,130
03-31-08
13F Form
Wachovia Wealth Management
41,016
03-31-08
13F Subfiler
BNP Paribas Arbitrage SNC
40,561
03-31-08
13F Form
Bangor Savings Bank Asset Management
40,252
03-31-08
13F Form
Grantham, Mayo, Van Otterloo LLC
39,700
03-31-08
13F Form
RMR Advisors, Inc.
39,700
03-31-08
13F Form
Alecta Pensionsforsakring, Omsesidigt
38,000
12-31-07
Sum of Funds
PADCO Advisors, Inc.
37,741
03-31-08
13F Combined
Skandia Liv
37,454
12-31-06
Sum of Funds
First National Bank of Mount Dora Trust Services
37,050
03-31-08
13F Form
WB Capital Management, Inc.
36,980
03-31-08
13F Form
Thales Fund Management LLC
36,900
12-31-07
13F Combined
Oppenheimer Securities
36,387
03-31-08
13F Form
Wilbanks, Smith & Thomas Asset Management LLC
36,327
03-31-08
13F Form
Analytic Investors LLC
36,210
03-31-08
13F Form
Greystone Managed Investments, Inc.
35,940
12-31-07
Sum of Funds
Allegiant Asset Management Co.
35,867
03-31-08
13F Form
Forward Uniplan Advisors, Inc.
35,400
03-31-08
13F Form
Fortis Investments Management USA, Inc.
34,931
03-31-08
13F Combined
The Pennsylvania Trust Co.
34,175
03-31-08
13F Form
PNC Bank NA
33,744
03-31-08
13F Form
SunTrust Private Wealth Management
33,641
03-31-08
13F Form
Veritable LP
33,336
03-31-08
13F Form
Freeman Associates Investment Management LLC
33,328
03-31-08
13F Form
Investors Capital Corp.
33,132
03-31-08
13F Form
KBC Asset Management (Belgium)
32,792
12-31-07
Sum of Funds
Phoenix Investment Counsel, Inc.
32,790
03-31-08
13F Combined
RBC Capital Markets (United States)
32,429
03-31-08
13F Form
Pioneer Investment Management SGR PA
31,500
06-29-07
Sum of Funds
Dreman Value Management LLC
29,840
03-31-08
13F Form
Glenmede Investment Management LP
29,701
03-31-08
13F Form
The Amelia Peabody Foundation
29,000
09-30-07
13F Form
Virginia Retirement Systems
28,643
03-31-08
13F Form
J. W. Burns & Co., Inc. (New York)
27,900
03-31-08
13F Form
Davidson & Garrard, Inc.
27,635
03-31-08
13F Form
Johnson Investment Counsel, Inc.
27,110
03-31-08
13F Form
ING Investment Management Co.
26,530
03-31-08
13F Form
Legg Mason Capital Management, Inc.
26,000
03-31-08
13F Combined
Batterymarch Financial Management, Inc.
25,919
03-31-08
13F Form
Colorado Public Employees' Retirement Association
25,900
03-31-08
13F Form
Morgan Stanley & Co. International Plc
25,865
03-31-08
13F Subfiler
Alvin N. Puryear
25,821
03-31-08
Proxy
Broadstreet Capital Partners LP
25,760
12-31-07
13F Form
Citadel Investment Group LLC
25,026
03-31-08
13F Form
New Mexico Educational Retirement Board
25,000
03-31-08
13F Form
Jefferies & Co., Inc. (California)
24,972
03-31-08
13F Form
Danske Capital Denmark
24,582
12-31-07
Sum of Funds
NISA Investment Advisors LLC
24,410
03-31-08
13F Form
Union Bank of California N.A.
24,339
03-31-08
13F Form
Kayne Anderson Rudnick Investment Management LLC
23,632
03-31-08
13F Form
Covington Capital Management
23,525
03-31-08
13F Form
First Financial Bank NA
23,445
03-31-08
13F Form
Ziegler Capital Management LLC
23,410
03-31-08
13F Form
Smith Hayes Advisers, Inc.
22,628
03-31-08
13F Form
SG Americas Securities LLC
22,466
03-31-08
13F Form
Hale & Dorr Wealth Advisors LLC
22,275
03-31-08
13F Form
Rockland Trust Co.
22,240
03-31-08
13F Form
Garrison, Bradford & Associates, Inc.
22,100
03-31-08
13F Form
Barclays Global Investors Ltd. (UK)
21,965
03-31-08
13F Form
Pittenger & Anderson, Inc.
21,960
03-31-08
13F Form
Denver Investment Advisors LLC
21,914
03-31-08
13F Form
Paragon Capital Management LLC
21,605
03-31-08
13F Form
Dixon, Hubard & Feinour, Inc.
21,550
03-31-08
13F Form
Nuveen Hydepark Group LLC
21,480
03-31-08
13F Form
Heritage Capital Management, Inc.
21,350
03-31-08
13F Form
M&I Investment Management Corp.
20,879
03-31-08
13F Form
LYZ Capital Advisors LLC
20,400
03-31-08
13F Form
FMA Advisory, Inc.
20,397
03-31-08
13F Form
Advantus Capital Management, Inc.
20,321
03-31-08
13F Form
Kempen Capital Management NV
20,296
06-30-07
Sum of Funds
Koch Quantitative Trading LP
20,159
06-30-07
13F Form
Oaktree Asset Management LLC
20,150
03-31-08
13F Form
Macquarie Investment Management Ltd.
20,100
03-31-08
13F Form
Fidelity Management & Research
20,060
03-31-08
13F Subfiler
Pacific Capital Wealth Management Services
20,025
03-31-08
13F Form
GW Capital Management LLC
19,233
03-31-08
13F Form
Cambridge Investment Research, Inc.
19,215
03-31-08
13F Form
Shell Asset Management Co. BV
19,021
03-31-08
13F Form
Deutsche Bank Securities, Inc.
18,942
03-31-08
13F Subfiler
LaSalle National Bank
18,803
03-31-08
13F Subfiler
Andra AP-fonden
18,800
12-31-07
Sum of Funds
Aberdeen Asset Managers Ltd.
18,789
03-31-08
13F Form
Neil M. Hahl
18,750
03-31-08
Proxy
PacWest Financial Management, Inc.
18,435
03-31-08
13F Form
IMS Capital Management, Inc.
18,256
03-31-08
13F Form
LLB Asset Management AG
18,000
06-30-07
Sum of Funds
Trinity Investment Management Corp.
17,910
01-31-08
Sum of Funds
State Street Global Advisors Ltd. (UK)
17,700
03-31-08
Sum of Funds
Middleburg Investment Advisors, Inc.
17,625
03-31-08
13F Form
Insight Investment Management (Global) Ltd.
17,607
03-31-08
Sum of Funds
Van Kampen Asset Management
17,515
03-31-08
13F Subfiler
Macatawa Bank Corp. Asset Management
16,900
12-31-07
13F Form
UBS Global Asset Management (UK) Ltd.
16,800
03-31-08
13F Subfiler
Mutual of America Capital Management Corp.
16,515
03-31-08
13F Form
MAI Wealth Advisors LLC
16,338
03-31-08
13F Form
JPMorgan Chase Bank NA
16,182
03-31-08
13F Subfiler
AXA Investment Managers (Paris) SA
15,812
03-31-08
13F Subfiler
John A. Koskinen
15,677
05-08-08
Form 4 Chgs Ben Ownership
Boston Advisors, Inc.
15,260
03-31-08
13F Form
Thrivent Investment Management, Inc.
15,200
03-31-08
13F Form
Chuo Mitsui Asset Management Co. Ltd.
15,200
02-07-07
Sum of Funds
Capstone Asset Management Co., Inc.
15,150
03-31-08
13F Form
State Street Global Advisors (Japan) Co. Ltd.
15,125