<?xml version="1.0" encoding="utf-8"?>
<heldOrderRoutingPublicReport>
  <version>1.1d</version>
  <bd>William Blair Sell Side</bd>
  <year>2025</year>
  <qtr>4</qtr>
  <timestamp>2026-01-06T13:30:04Z</timestamp>
  <rMonthly>
    <year>2025</year>
    <mon>10</mon>
    <rSP500>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>93.44</ndoMarketPct>
      <ndoMarketableLimitPct>1.64</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>4.62</ndoNonmarketableLimitPct>
      <ndoOtherPct>0.31</ndoOtherPct>
      <rVenues>
        <rVenue>
          <name>Virtu Americas LLC (NITE)</name>
          <orderPct>33.75</orderPct>
          <marketPct>33.63</marketPct>
          <marketableLimitPct>36.67</marketableLimitPct>
          <nonMarketableLimitPct>34.28</nonMarketableLimitPct>
          <otherPct>46.43</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from Virtu Americas LLC (NITE) for these trades</materialAspects>
        </rVenue>
        <rVenue>
          <name>Citadel Securities LLC (CDRG)</name>
          <orderPct>33.41</orderPct>
          <marketPct>33.31</marketPct>
          <marketableLimitPct>32.00</marketableLimitPct>
          <nonMarketableLimitPct>36.88</nonMarketableLimitPct>
          <otherPct>21.43</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from Citadel Securities LLC (CDRG) for these trades</materialAspects>
        </rVenue>
        <rVenue>
          <name>Wall Street Access (VNDM)</name>
          <orderPct>32.83</orderPct>
          <marketPct>33.06</marketPct>
          <marketableLimitPct>31.33</marketableLimitPct>
          <nonMarketableLimitPct>28.84</nonMarketableLimitPct>
          <otherPct>32.14</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from Wall Street Access (VNDM) for these trades</materialAspects>
        </rVenue>
      </rVenues>
    </rSP500>
    <rOtherStocks>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>90.96</ndoMarketPct>
      <ndoMarketableLimitPct>1.72</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>6.65</ndoNonmarketableLimitPct>
      <ndoOtherPct>0.67</ndoOtherPct>
      <rVenues>
        <rVenue>
          <name>Citadel Securities LLC (CDRG)</name>
          <orderPct>33.83</orderPct>
          <marketPct>33.59</marketPct>
          <marketableLimitPct>38.87</marketableLimitPct>
          <nonMarketableLimitPct>35.82</nonMarketableLimitPct>
          <otherPct>33.33</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from Citadel Securities LLC (CDRG) for these trades</materialAspects>
        </rVenue>
        <rVenue>
          <name>Virtu Americas LLC (NITE)</name>
          <orderPct>33.27</orderPct>
          <marketPct>33.23</marketPct>
          <marketableLimitPct>32.39</marketableLimitPct>
          <nonMarketableLimitPct>33.72</nonMarketableLimitPct>
          <otherPct>36.46</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from Virtu Americas LLC (NITE) for these trades</materialAspects>
        </rVenue>
        <rVenue>
          <name>Wall Street Access (VNDM)</name>
          <orderPct>32.90</orderPct>
          <marketPct>33.18</marketPct>
          <marketableLimitPct>28.74</marketableLimitPct>
          <nonMarketableLimitPct>30.46</nonMarketableLimitPct>
          <otherPct>30.21</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from Wall Street Access (VNDM) for these trades</materialAspects>
        </rVenue>
      </rVenues>
    </rOtherStocks>
    <rOptions>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>69.52</ndoMarketPct>
      <ndoMarketableLimitPct>2.30</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>18.76</ndoNonmarketableLimitPct>
      <ndoOtherPct>9.42</ndoOtherPct>
      <rVenues>
        <rVenue>
          <name>National Financial Services LLC (NFSC)</name>
          <orderPct>100.00</orderPct>
          <marketPct>100.00</marketPct>
          <marketableLimitPct>100.00</marketableLimitPct>
          <nonMarketableLimitPct>100.00</nonMarketableLimitPct>
          <otherPct>100.00</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from National Financial Services LLC (NFSC) for these trades</materialAspects>
        </rVenue>
      </rVenues>
    </rOptions>
  </rMonthly>
  <rMonthly>
    <year>2025</year>
    <mon>11</mon>
    <rSP500>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>93.15</ndoMarketPct>
      <ndoMarketableLimitPct>1.00</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>5.57</ndoNonmarketableLimitPct>
      <ndoOtherPct>0.28</ndoOtherPct>
      <rVenues>
        <rVenue>
          <name>Wall Street Access (VNDM)</name>
          <orderPct>33.59</orderPct>
          <marketPct>33.74</marketPct>
          <marketableLimitPct>44.00</marketableLimitPct>
          <nonMarketableLimitPct>28.54</nonMarketableLimitPct>
          <otherPct>47.62</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from Wall Street Access (VNDM) for these trades</materialAspects>
        </rVenue>
        <rVenue>
          <name>Citadel Securities LLC (CDRG)</name>
          <orderPct>33.31</orderPct>
          <marketPct>33.14</marketPct>
          <marketableLimitPct>29.33</marketableLimitPct>
          <nonMarketableLimitPct>37.65</nonMarketableLimitPct>
          <otherPct>19.05</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from Citadel Securities LLC (CDRG) for these trades</materialAspects>
        </rVenue>
        <rVenue>
          <name>Virtu Americas LLC (NITE)</name>
          <orderPct>33.10</orderPct>
          <marketPct>33.12</marketPct>
          <marketableLimitPct>26.67</marketableLimitPct>
          <nonMarketableLimitPct>33.81</nonMarketableLimitPct>
          <otherPct>33.33</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from Virtu Americas LLC (NITE) for these trades</materialAspects>
        </rVenue>
      </rVenues>
    </rSP500>
    <rOtherStocks>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>92.66</ndoMarketPct>
      <ndoMarketableLimitPct>0.82</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>5.76</ndoNonmarketableLimitPct>
      <ndoOtherPct>0.76</ndoOtherPct>
      <rVenues>
        <rVenue>
          <name>Citadel Securities LLC (CDRG)</name>
          <orderPct>33.72</orderPct>
          <marketPct>33.51</marketPct>
          <marketableLimitPct>37.37</marketableLimitPct>
          <nonMarketableLimitPct>35.87</nonMarketableLimitPct>
          <otherPct>39.13</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from Citadel Securities LLC (CDRG) for these trades</materialAspects>
        </rVenue>
        <rVenue>
          <name>Virtu Americas LLC (NITE)</name>
          <orderPct>33.45</orderPct>
          <marketPct>33.44</marketPct>
          <marketableLimitPct>29.29</marketableLimitPct>
          <nonMarketableLimitPct>33.72</nonMarketableLimitPct>
          <otherPct>36.96</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from Virtu Americas LLC (NITE) for these trades</materialAspects>
        </rVenue>
        <rVenue>
          <name>Wall Street Access (VNDM)</name>
          <orderPct>32.82</orderPct>
          <marketPct>33.04</marketPct>
          <marketableLimitPct>33.33</marketableLimitPct>
          <nonMarketableLimitPct>30.42</nonMarketableLimitPct>
          <otherPct>23.91</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from Wall Street Access (VNDM) for these trades</materialAspects>
        </rVenue>
      </rVenues>
    </rOtherStocks>
    <rOptions>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>61.46</ndoMarketPct>
      <ndoMarketableLimitPct>2.26</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>22.01</ndoNonmarketableLimitPct>
      <ndoOtherPct>14.27</ndoOtherPct>
      <rVenues>
        <rVenue>
          <name>National Financial Services LLC (NFSC)</name>
          <orderPct>100.00</orderPct>
          <marketPct>100.00</marketPct>
          <marketableLimitPct>100.00</marketableLimitPct>
          <nonMarketableLimitPct>100.00</nonMarketableLimitPct>
          <otherPct>100.00</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from National Financial Services LLC (NFSC) for these trades</materialAspects>
        </rVenue>
      </rVenues>
    </rOptions>
  </rMonthly>
  <rMonthly>
    <year>2025</year>
    <mon>12</mon>
    <rSP500>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>92.69</ndoMarketPct>
      <ndoMarketableLimitPct>2.89</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>4.10</ndoNonmarketableLimitPct>
      <ndoOtherPct>0.33</ndoOtherPct>
      <rVenues>
        <rVenue>
          <name>Citadel Securities LLC (CDRG)</name>
          <orderPct>33.95</orderPct>
          <marketPct>33.88</marketPct>
          <marketableLimitPct>39.19</marketableLimitPct>
          <nonMarketableLimitPct>32.06</nonMarketableLimitPct>
          <otherPct>32.00</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from Citadel Securities LLC (CDRG) for these trades</materialAspects>
        </rVenue>
        <rVenue>
          <name>Virtu Americas LLC (NITE)</name>
          <orderPct>33.21</orderPct>
          <marketPct>33.18</marketPct>
          <marketableLimitPct>33.33</marketableLimitPct>
          <nonMarketableLimitPct>34.29</nonMarketableLimitPct>
          <otherPct>28.00</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from Virtu Americas LLC (NITE) for these trades</materialAspects>
        </rVenue>
        <rVenue>
          <name>Wall Street Access (VNDM)</name>
          <orderPct>32.83</orderPct>
          <marketPct>32.94</marketPct>
          <marketableLimitPct>27.48</marketableLimitPct>
          <nonMarketableLimitPct>33.65</nonMarketableLimitPct>
          <otherPct>40.00</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from Wall Street Access (VNDM) for these trades</materialAspects>
        </rVenue>
      </rVenues>
    </rSP500>
    <rOtherStocks>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>87.90</ndoMarketPct>
      <ndoMarketableLimitPct>3.19</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>7.97</ndoNonmarketableLimitPct>
      <ndoOtherPct>0.95</ndoOtherPct>
      <rVenues>
        <rVenue>
          <name>Citadel Securities LLC (CDRG)</name>
          <orderPct>33.56</orderPct>
          <marketPct>33.35</marketPct>
          <marketableLimitPct>37.69</marketableLimitPct>
          <nonMarketableLimitPct>35.11</nonMarketableLimitPct>
          <otherPct>25.42</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from Citadel Securities LLC (CDRG) for these trades</materialAspects>
        </rVenue>
        <rVenue>
          <name>Wall Street Access (VNDM)</name>
          <orderPct>33.35</orderPct>
          <marketPct>33.47</marketPct>
          <marketableLimitPct>28.89</marketableLimitPct>
          <nonMarketableLimitPct>33.10</nonMarketableLimitPct>
          <otherPct>38.98</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from Wall Street Access (VNDM) for these trades</materialAspects>
        </rVenue>
        <rVenue>
          <name>Virtu Americas LLC (NITE)</name>
          <orderPct>33.10</orderPct>
          <marketPct>33.18</marketPct>
          <marketableLimitPct>33.42</marketableLimitPct>
          <nonMarketableLimitPct>31.79</nonMarketableLimitPct>
          <otherPct>35.59</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from Virtu Americas LLC (NITE) for these trades</materialAspects>
        </rVenue>
      </rVenues>
    </rOtherStocks>
    <rOptions>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>58.68</ndoMarketPct>
      <ndoMarketableLimitPct>1.63</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>16.74</ndoNonmarketableLimitPct>
      <ndoOtherPct>22.95</ndoOtherPct>
      <rVenues>
        <rVenue>
          <name>National Financial Services LLC (NFSC)</name>
          <orderPct>100.00</orderPct>
          <marketPct>100.00</marketPct>
          <marketableLimitPct>100.00</marketableLimitPct>
          <nonMarketableLimitPct>100.00</nonMarketableLimitPct>
          <otherPct>100.00</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>William Blair did not receive payment for order flow from National Financial Services LLC (NFSC) for these trades</materialAspects>
        </rVenue>
      </rVenues>
    </rOptions>
  </rMonthly>
</heldOrderRoutingPublicReport>
