AQR Arbitrage’s Reynolds American Inc RAI Stock Holding History

AQR Arbitrage’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	-2,421,694	Closed	-$158M	–	379
2017 Q2	$158M	Buy	2,421,694 +407,072	+20%	+$26.6M	1.72%	14
2017 Q1	$127M	Buy	2,014,622 +1,563,050	+346%	+$93.9M	1.43%	20
2016 Q4	$25.3M	Buy	+451,572	New	+$24M	0.26%	96

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 $374B AUM 17.66% 1-Year Est. Return

MDCM

Morgan Dempsey Capital Management Menomonee Falls, Wisconsin $220M AUM 18.32% 1-Year Est. Return

AQR Arbitrage's RAI Position: Q3 2017 in Review

AQR Arbitrage sold out of Reynolds American Inc (RAI) in Q3 2017, closing a stake of 2,421,694 shares — an estimated $158M sold.

AQR Arbitrage first reported a position in RAI in Q4 2016 and held it in 3 quarters. The position peaked at $158M in Q2 2017. 3 funds tracked by Wall St. Rank hold RAI as of Q3 2017.

AQR Arbitrage reported no remaining Reynolds American Inc position as of Q3 2017 after selling out during the quarter.
AQR Arbitrage sold 2,421,694 Reynolds American Inc shares in Q3 2017, an estimated $158M.
AQR Arbitrage first reported a position in Reynolds American Inc in Q4 2016 and held it in 3 quarters.
AQR Arbitrage's Reynolds American Inc position peaked at $158M in Q2 2017.
3 funds tracked by Wall St. Rank held Reynolds American Inc as of Q3 2017.

Based on AQR Arbitrage's 13F filing for Q3 2017, filed 14 Nov 2017.