3G Capital Partners’s Steel Dynamics STLD Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-200,000	Closed	-$9.04M	–	25
2018 Q3	$9.04M	Hold	200,000	–	–	0.8%	25
2018 Q2	$9.19M	Sell	200,000 -300,000	-60%	-$14.2M	0.79%	27
2018 Q1	$22.1M	Buy	+500,000	New	+$23M	1.64%	20
2017 Q4	–	Sell	-800,000	Closed	-$27.6M	–	48
2017 Q3	$27.6M	Hold	800,000	–	–	2.83%	17
2017 Q2	$28.6M	Sell	800,000 -200,000	-20%	-$6.93M	2.57%	14
2017 Q1	$34.8M	Hold	1,000,000	–	–	3.27%	12
2016 Q4	$35.6M	Sell	1,000,000 -1,500,000	-60%	-$47.2M	4.92%	9
2016 Q3	$62.5M	Hold	2,500,000	–	–	5.29%	8
2016 Q2	$61.3M	Hold	2,500,000	–	–	5.51%	3
2016 Q1	$56.3M	Buy	2,500,000 +500,000	+25%	+$9.42M	4.58%	5
2015 Q4	$35.7M	Hold	2,000,000	–	–	2.65%	12
2015 Q3	$34.4M	Buy	+2,000,000	New	+$38.7M	2.82%	12
2014 Q2	–	Sell	-400,000	Closed	-$7.12M	–	84
2014 Q1	$7.12M	Buy	+400,000	New	+$7M	0.87%	33