Appaloosa Management’s Hess HES Stock Holding History

Appaloosa Management’s Portfolio HES Stock Details HES Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-411,780	Closed	-$34.1M	–	52
2014 Q1	$34.1M	Hold	411,780	–	–	0.38%	45
2013 Q4	$34.2M	Sell	411,780 -8,400	-2%	-$682K	0.43%	43
2013 Q3	$32.5M	Sell	420,180 -8,500	-2%	-$633K	0.52%	41
2013 Q2	$28.5M	Buy	+428,680	New	+$29.7M	0.41%	47

Other funds holding HES

Elliott Management New York $11.8B AUM 20.29% 1-Year Est. Return

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

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

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

MNA

Manning & Napier Advisors Fairport, New York $7.09B AUM 17.35% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

BIT

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

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

Appaloosa Management's HES Position: Q2 2014 in Review

Appaloosa Management sold out of Hess (HES) in Q2 2014, closing a stake of 411,780 shares — an estimated $34.1M sold.

Appaloosa Management first reported a position in HES in Q2 2013 and held it in 4 quarters. The position peaked at $34.2M in Q4 2013. 660 funds tracked by Wall St. Rank hold HES as of Q2 2014.

Appaloosa Management reported no remaining Hess position as of Q2 2014 after selling out during the quarter.
Appaloosa Management sold 411,780 Hess shares in Q2 2014, an estimated $34.1M.
Appaloosa Management first reported a position in Hess in Q2 2013 and held it in 4 quarters.
Appaloosa Management's Hess position peaked at $34.2M in Q4 2013.
660 funds tracked by Wall St. Rank held Hess as of Q2 2014.

Based on Appaloosa Management's 13F filing for Q2 2014, filed 14 Aug 2014.