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FRANKLIN MUTUAL ADVISERS LLC
> AIR
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 12/31/2018 | AAR CORP | AIR | 1,156,581 | -1,510,888 | 43,186,735 | -61,618,122 | $37.34 |
| 12/31/2017 | AAR CORP | AIR | 2,667,469 | 2,667,469 | 104,804,857 | 104,804,857 | $39.29 |
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