Raymond James Financial Inc (RJF)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	First Hawaiian Bank	37,631	$5,227,322	0.17%
2.	Cullen Investment Group, Ltd.	26,950	$3,743,671	0.57%
3.	Moody National Bank Trust Division	7,865	$1,092,527	0.11%
4.	Collective Family Office Llc	2,850	$395,894	0.11%
5.	Agate Pass Investment Management, Llc	2,682	$372,557	0.16%