Alpine Associates Management’s Reynolds American Inc RAI Stock Holding History

Alpine Associates Management’s Portfolio RAI Stock Details RAI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-3,523,676	Closed	-$229M	–	75
2017 Q2	$229M	Sell	3,523,676 -315,100	-8%	-$20.6M	6.9%	3
2017 Q1	$242M	Buy	3,838,776 +2,577,376	+204%	+$155M	6.74%	2
2016 Q4	$70.7M	Buy	+1,261,400	New	+$66.9M	1.85%	19
2015 Q1	–	Sell	-11,600	Closed	-$373K	–	101
2014 Q4	$373K	Buy	+11,600	New	+$367K	0.01%	101

Other funds holding RAI

WIM

Waverton Investment Management London, United Kingdom $7.77B AUM 25.07% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $424B AUM 22.96% 1-Year Est. Return

MDCM

Morgan Dempsey Capital Management Menomonee Falls, Wisconsin $233M AUM 24.32% 1-Year Est. Return

Alpine Associates Management's RAI Position: Q3 2017 in Review

Alpine Associates Management sold out of Reynolds American Inc (RAI) in Q3 2017, closing a stake of 3,523,676 shares — an estimated $229M sold.

Alpine Associates Management first reported a position in RAI in Q4 2014 and held it in 4 quarters. The position peaked at $242M in Q1 2017. 3 funds tracked by Wall St. Rank hold RAI as of Q3 2017.

Alpine Associates Management reported no remaining Reynolds American Inc position as of Q3 2017 after selling out during the quarter.
Alpine Associates Management sold 3,523,676 Reynolds American Inc shares in Q3 2017, an estimated $229M.
Alpine Associates Management first reported a position in Reynolds American Inc in Q4 2014 and held it in 4 quarters.
Alpine Associates Management's Reynolds American Inc position peaked at $242M in Q1 2017.
3 funds tracked by Wall St. Rank held Reynolds American Inc as of Q3 2017.

Based on Alpine Associates Management's 13F filing for Q3 2017, filed 13 Nov 2017.