Absolute Return Capital’s Hess HES Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-251,320	Closed	-$12.6M	–	163
2015 Q3	$12.6M	Sell	251,320 -17,402	-6%	-$996K	0.8%	24
2015 Q2	$18M	Sell	268,722 -190,475	-41%	-$13.5M	0.72%	35
2015 Q1	$31.2M	Sell	459,197 -84,997	-16%	-$6.06M	0.82%	18
2014 Q4	$40.2M	Buy	544,194 +22,062	+4%	+$1.75M	0.83%	21
2014 Q3	$49.2M	Buy	522,132 +45,894	+10%	+$4.54M	0.69%	27
2014 Q2	$47.1M	Sell	476,238 -965	-0.2%	-$87.1K	0.55%	33
2014 Q1	$39.6M	Sell	477,203 -184,790	-28%	-$14.7M	0.57%	31
2013 Q4	$54.9M	Buy	661,993 +259,804	+65%	+$21.1M	0.6%	32
2013 Q3	$31.1M	Sell	402,189 -214,986	-35%	-$16M	0.43%	67
2013 Q2	$41M	Buy	+617,175	New	+$42.7M	0.53%	44

Other funds holding HES

Elliott Management New York $11.8B AUM 20.29% 1-Year Est. Return

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

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

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

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

Hotchkis & Wiley Capital Management Los Angeles, California $32.4B AUM 17.21% 1-Year Est. Return

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

BIT

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

Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return

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

Absolute Return Capital sold out of Hess (HES) in Q4 2015, closing a stake of 251,320 shares — an estimated $12.6M sold.

Absolute Return Capital first reported a position in HES in Q2 2013 and held it in 10 quarters. The position peaked at $54.9M in Q4 2013. 545 funds tracked by Wall St. Rank hold HES as of Q4 2015.

Absolute Return Capital reported no remaining Hess position as of Q4 2015 after selling out during the quarter.
Absolute Return Capital sold 251,320 Hess shares in Q4 2015, an estimated $12.6M.
Absolute Return Capital first reported a position in Hess in Q2 2013 and held it in 10 quarters.
Absolute Return Capital's Hess position peaked at $54.9M in Q4 2013.
545 funds tracked by Wall St. Rank held Hess as of Q4 2015.

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