Absolute Return Capital’s Howard Hughes HHH Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-11,112	Closed	-$1.22M	–	164
2015 Q3	$1.22M	Sell	11,112 -3,812	-26%	-$475K	0.08%	273
2015 Q2	$2.04M	Sell	14,924 -375	-2%	-$53.3K	0.08%	263
2015 Q1	$2.26M	Sell	15,299 -6,132	-29%	-$806K	0.06%	291
2014 Q4	$2.66M	Sell	21,431 -14,629	-41%	-$1.95M	0.05%	304
2014 Q3	$5.16M	Sell	36,060 -22,763	-39%	-$3.33M	0.07%	295
2014 Q2	$8.85M	Buy	58,823 +16,352	+39%	+$2.28M	0.1%	254
2014 Q1	$5.78M	Sell	42,471 -9,982	-19%	-$1.25M	0.08%	282
2013 Q4	$6M	Sell	52,453 -47,713	-48%	-$5.18M	0.07%	308
2013 Q3	$10.7M	Sell	100,166 -7,905	-7%	-$826K	0.15%	199
2013 Q2	$11.5M	Buy	+108,071	New	+$10.2M	0.15%	185

Other funds holding HHH

Horizon Kinetics New York $3.06B AUM 5.37% 1-Year Est. Return

PSCM

Pershing Square Capital Management New York $13.7B AUM 13.45% 1-Year Est. Return

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

Nomura Holdings Tokyo, Japan $37.7B AUM 34.44% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Harris Associates Chicago, Illinois $75B AUM 11.27% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

NSCM

New South Capital Management Memphis, Tennessee $2.09B AUM 33.67% 1-Year Est. Return

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

Absolute Return Capital sold out of Howard Hughes (HHH) in Q4 2015, closing a stake of 11,112 shares — an estimated $1.22M sold.

Absolute Return Capital first reported a position in HHH in Q2 2013 and held it in 10 quarters. The position peaked at $11.5M in Q2 2013. 220 funds tracked by Wall St. Rank hold HHH as of Q4 2015.

Absolute Return Capital reported no remaining Howard Hughes position as of Q4 2015 after selling out during the quarter.
Absolute Return Capital sold 11,112 Howard Hughes shares in Q4 2015, an estimated $1.22M.
Absolute Return Capital first reported a position in Howard Hughes in Q2 2013 and held it in 10 quarters.
Absolute Return Capital's Howard Hughes position peaked at $11.5M in Q2 2013.
220 funds tracked by Wall St. Rank held Howard Hughes as of Q4 2015.

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