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Its current holdings are worth €167 billion ($229 billion).
It also plans to sell about 10percentt of Normandy's current holdings.
Among the Ave Maria fund's current holdings are the Kimberly Clark Corporation, McDonald's and Exxon.
Tower Brook's current holdings include Rave Cinemas, the movie theater chain.
Such a move would apparently make Mr. Berlusconi's current holdings illegal.
In the commission's language, "current holdings exceed growth requirements and represents significant perpetual non-tax revenue generating opportunities".
Two of the fund's current holdings are the oil rig leaser Patterson-UTI Energy and the railcar manufacturer Trinity Industries.
That is below the level offered by bondholders in exchange for their current holdings of Greek debt.
For all other shareholders, the limit is 10 percent, just a bit above Mr. Icahn's current holdings of 9.98 percent.
The Hirshhorn's current holdings are strengthened by the art and the study materials that go with it, Sallick said.
In May 2014 Stanford agreed it would not invest any more of its $22.2bn of endowed funds in coal mining companies, and would divest any current holdings.
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CEO of Professional Science Editing for Scientists @ prosciediting.com