Absolute Return Capital’s Estee Lauder EL Stock Holding History

Absolute Return Capital’s Portfolio EL Stock Details EL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-293,483	Closed	-$23.7M	–	124
2015 Q3	$23.7M	Sell	293,483 -195,411	-40%	-$16.4M	1.51%	4
2015 Q2	$42.4M	Sell	488,894 -120,746	-20%	-$10.4M	1.69%	1
2015 Q1	$50.7M	Sell	609,640 -378,169	-38%	-$29.8M	1.34%	3
2014 Q4	$75.3M	Buy	987,809 +861,644	+683%	+$63.6M	1.55%	4
2014 Q3	$9.43M	Sell	126,165 -413,132	-77%	-$31.1M	0.13%	201
2014 Q2	$40M	Buy	+539,297	New	+$39.6M	0.47%	52
2013 Q4	–	Sell	-452,588	Closed	-$31.6M	–	706
2013 Q3	$31.6M	Buy	+452,588	New	+$30.6M	0.44%	64

Other funds holding EL

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

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

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Brown Advisory Baltimore, Maryland $60.9B AUM 15.24% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

BIT

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

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

TCIM

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

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

Absolute Return Capital's EL Position: Q4 2015 in Review

Absolute Return Capital sold out of Estee Lauder (EL) in Q4 2015, closing a stake of 293,483 shares — an estimated $23.7M sold.

Absolute Return Capital first reported a position in EL in Q3 2013 and held it in 7 quarters. The position peaked at $75.3M in Q4 2014. 615 funds tracked by Wall St. Rank hold EL as of Q4 2015.

Absolute Return Capital reported no remaining Estee Lauder position as of Q4 2015 after selling out during the quarter.
Absolute Return Capital sold 293,483 Estee Lauder shares in Q4 2015, an estimated $23.7M.
Absolute Return Capital first reported a position in Estee Lauder in Q3 2013 and held it in 7 quarters.
Absolute Return Capital's Estee Lauder position peaked at $75.3M in Q4 2014.
615 funds tracked by Wall St. Rank held Estee Lauder as of Q4 2015.

Based on Absolute Return Capital's 13F filing for Q4 2015.