Advisory Research’s Western Midstream Partners WES Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q3	–	Sell	-1,629,976	Closed	-$50.2M	–	367
2019 Q2	$50.2M	Sell	1,629,976 -1,673,966	-51%	-$51.6M	0.99%	25
2019 Q1	$104M	Buy	3,303,942 +2,767,648	+516%	+$87.9M	2%	10
2018 Q4	$14.9M	Sell	536,294 -69,506	-11%	-$2.09M	0.32%	89
2018 Q3	$18.1M	Sell	605,800 -449,560	-43%	-$15.8M	0.3%	85
2018 Q2	$37.7M	Sell	1,055,360 -263,622	-20%	-$9.25M	0.6%	38
2018 Q1	$43.7M	Buy	1,318,982 +431	+0%	+$16.4K	0.79%	36
2017 Q4	$49M	Sell	1,318,551 -16,210	-1%	-$612K	0.81%	40
2017 Q3	$55M	Sell	1,334,761 -220,010	-14%	-$9.01M	0.87%	29
2017 Q2	$66.9M	Sell	1,554,771 -40,733	-3%	-$1.79M	1.06%	20
2017 Q1	$73.6M	Buy	1,595,504 +7,500	+0.5%	+$339K	1.08%	19
2016 Q4	$67.3M	Sell	1,588,004 -33,058	-2%	-$1.42M	1%	24
2016 Q3	$68.9M	Sell	1,621,062 -274,358	-14%	-$10.3M	1.12%	22
2016 Q2	$72.5M	Sell	1,895,420 -345,859	-15%	-$13.6M	1.25%	22
2016 Q1	$79.9M	Sell	2,241,279 -339,750	-13%	-$9.82M	1.51%	18
2015 Q4	$93.7M	Sell	2,581,029 -458,372	-15%	-$18.3M	1.42%	19
2015 Q3	$120M	Buy	3,039,401 +89,154	+3%	+$4.77M	1.71%	13
2015 Q2	$177M	Sell	2,950,247 -56,075	-2%	-$3.49M	2.01%	8
2015 Q1	$180M	Buy	3,006,322 +111,628	+4%	+$6.71M	1.97%	10
2014 Q4	$174M	Buy	2,894,694 +188,955	+7%	+$11.4M	1.81%	10
2014 Q3	$165M	Buy	2,705,739 +92,475	+4%	+$5.49M	1.6%	13
2014 Q2	$164M	Buy	2,613,264 +111,430	+4%	+$5.8M	1.52%	14
2014 Q1	$123M	Buy	2,501,834 +127,590	+5%	+$5.42M	1.27%	21
2013 Q4	$93.8M	Buy	2,374,244 +722,252	+44%	+$28.5M	0.97%	36
2013 Q3	$61.4M	Buy	1,651,992 +106,936	+7%	+$4.21M	0.66%	54
2013 Q2	$63.6M	Buy	+1,545,056	New	+$57M	0.72%	49