Absolute Return Capital’s Loews L Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-34,273	Closed	-$1.24M	–	200
2015 Q3	$1.24M	Sell	34,273 -11,538	-25%	-$432K	0.08%	269
2015 Q2	$1.76M	Sell	45,811 -21,317	-32%	-$867K	0.07%	278
2015 Q1	$2.74M	Buy	67,128 +55,785	+492%	+$2.26M	0.07%	262
2014 Q4	$477K	Sell	11,343 -2,263	-17%	-$94.8K	0.01%	532
2014 Q3	$567K	Sell	13,606 -20,249	-60%	-$871K	0.01%	567
2014 Q2	$1.49M	Sell	33,855 -24,196	-42%	-$1.06M	0.02%	625
2014 Q1	$2.56M	Sell	58,051 -12,425	-18%	-$556K	0.04%	461
2013 Q4	$3.4M	Sell	70,476 -96,597	-58%	-$4.62M	0.04%	416
2013 Q3	$7.81M	Buy	167,073 +105,682	+172%	+$4.86M	0.11%	251
2013 Q2	$2.73M	Buy	+61,391	New	+$2.75M	0.04%	483

Other funds holding L

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

JP Morgan Chase New York $1.56T AUM 27.86% 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

Norges Bank Oslo, Norway $935B AUM

BIT

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

ACM

Americafirst Capital Management Roseville, California $74M AUM 13.49% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

DSA

Davis Selected Advisers Tucson, Arizona $21.8B AUM 23.45% 1-Year Est. Return

Diamond Hill Capital Management Columbus, Ohio $16B AUM 4.15% 1-Year Est. Return

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

Absolute Return Capital sold out of Loews (L) in Q4 2015, closing a stake of 34,273 shares — an estimated $1.24M sold.

Absolute Return Capital first reported a position in L in Q2 2013 and held it in 10 quarters. The position peaked at $7.81M in Q3 2013. 400 funds tracked by Wall St. Rank hold L as of Q4 2015.

Absolute Return Capital reported no remaining Loews position as of Q4 2015 after selling out during the quarter.
Absolute Return Capital sold 34,273 Loews shares in Q4 2015, an estimated $1.24M.
Absolute Return Capital first reported a position in Loews in Q2 2013 and held it in 10 quarters.
Absolute Return Capital's Loews position peaked at $7.81M in Q3 2013.
400 funds tracked by Wall St. Rank held Loews as of Q4 2015.

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