Advisory Research’s Intrepid Potash IPI Stock Holding History

Advisory Research’s Portfolio IPI Stock Details IPI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-243,787	Closed	-$29.1M	–	307
2015 Q2	$29.1M	Sell	243,787 -78,403	-24%	-$9.29M	0.33%	84
2015 Q1	$37.2M	Sell	322,190 -219,855	-41%	-$29M	0.41%	62
2014 Q4	$75.2M	Sell	542,045 -29,160	-5%	-$4.04M	0.78%	33
2014 Q3	$88.3M	Buy	571,205 +96,546	+20%	+$14.9M	0.85%	38
2014 Q2	$79.6M	Sell	474,659 -39,189	-8%	-$6.3M	0.74%	46
2014 Q1	$79.4M	Sell	513,848 -17,609	-3%	-$2.69M	0.82%	42
2013 Q4	$84.2M	Sell	531,457 -60,933	-10%	-$9.46M	0.87%	41
2013 Q3	$92.9M	Buy	592,390 +175,351	+42%	+$26.9M	1%	28
2013 Q2	$79.4M	Buy	+417,039	New	+$76.5M	0.9%	39

Other funds holding IPI

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

SAM

Southernsun Asset Management Memphis, Tennessee $743M AUM 34.03% 1-Year Est. Return

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

Heartland Advisors Milwaukee, Wisconsin $2.25B AUM 44.61% 1-Year Est. Return

BFA

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

RCM

Rutabaga Capital Management Boston, Massachusetts $115M AUM 11.85% 1-Year Est. Return

Koch Industries Wichita, Kansas $853M AUM 37.49% 1-Year Est. Return

Stifel Financial St. Louis, Missouri $120B AUM 27.84% 1-Year Est. Return

LAM

Lapides Asset Management Greenwich, Connecticut $153M AUM 9.03% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

Advisory Research's IPI Position: Q3 2015 in Review

Advisory Research sold out of Intrepid Potash (IPI) in Q3 2015, closing a stake of 243,787 shares — an estimated $29.1M sold.

Advisory Research first reported a position in IPI in Q2 2013 and held it in 9 quarters. The position peaked at $92.9M in Q3 2013. 156 funds tracked by Wall St. Rank hold IPI as of Q3 2015.

Advisory Research reported no remaining Intrepid Potash position as of Q3 2015 after selling out during the quarter.
Advisory Research sold 243,787 Intrepid Potash shares in Q3 2015, an estimated $29.1M.
Advisory Research first reported a position in Intrepid Potash in Q2 2013 and held it in 9 quarters.
Advisory Research's Intrepid Potash position peaked at $92.9M in Q3 2013.
156 funds tracked by Wall St. Rank held Intrepid Potash as of Q3 2015.

Based on Advisory Research's 13F filing for Q3 2015, filed 13 Nov 2015.