Abrams Capital Management’s J.C. Penney Company, Inc. JCP Stock Holding History

Abrams Capital Management’s Portfolio JCP Stock Details JCP Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-1,500,000	Closed	-$9.72M	–	15
2014 Q4	$9.72M	Hold	1,500,000	–	–	0.5%	15
2014 Q3	$15.1M	Hold	1,500,000	–	–	0.89%	13
2014 Q2	$13.6M	Hold	1,500,000	–	–	0.96%	13
2014 Q1	$12.9M	Buy	1,500,000 +500,000	+50%	+$3.61M	1.02%	11
2013 Q4	$9.15M	Buy	+1,000,000	New	+$8.34M	0.72%	9

Other funds holding JCP

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Sasco Capital Fairfield, Connecticut $668M AUM 12.79% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

ETC

Evercore Trust Company New York $34.6B AUM 25.41% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Lazard Asset Management New York $66.1B AUM 33.53% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

TCIM

TIAA CREF Investment Management New York $141B AUM 14.18% 1-Year Est. Return

Abrams Capital Management's JCP Position: Q1 2015 in Review

Abrams Capital Management sold out of J.C. Penney Company, Inc. (JCP) in Q1 2015, closing a stake of 1,500,000 shares — an estimated $9.72M sold.

Abrams Capital Management first reported a position in JCP in Q4 2013 and held it in 5 quarters. The position peaked at $15.1M in Q3 2014. 310 funds tracked by Wall St. Rank hold JCP as of Q1 2015.

Abrams Capital Management reported no remaining J.C. Penney Company, Inc. position as of Q1 2015 after selling out during the quarter.
Abrams Capital Management sold 1,500,000 J.C. Penney Company, Inc. shares in Q1 2015, an estimated $9.72M.
Abrams Capital Management first reported a position in J.C. Penney Company, Inc. in Q4 2013 and held it in 5 quarters.
Abrams Capital Management's J.C. Penney Company, Inc. position peaked at $15.1M in Q3 2014.
310 funds tracked by Wall St. Rank held J.C. Penney Company, Inc. as of Q1 2015.

Based on Abrams Capital Management's 13F filing for Q1 2015, filed 14 May 2015.