Ares Management’s Exco Resources XCO Stock Holding History

Ares Management’s Portfolio XCO Stock Details XCO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-375,265	Closed	-$10.3M	–	18
2015 Q1	$10.3M	Sell	375,265 -76,665	-17%	-$2.27M	0.56%	10
2014 Q4	$14.7M	Sell	451,930 -284,259	-39%	-$11.9M	0.86%	10
2014 Q3	$36.9M	Sell	736,189 -4,894	-0.7%	-$343K	2.29%	7
2014 Q2	$65.5M	Sell	741,083 -5,015	-0.7%	-$426K	8.12%	4
2014 Q1	$62.7M	Hold	746,098	–	–	9.03%	3
2013 Q4	$59.4M	Sell	746,098 -8,207	-1%	-$700K	9.55%	3
2013 Q3	$75.4M	Sell	754,305 -128,149	-15%	-$14.7M	7.27%	4
2013 Q2	$100M	Buy	+882,454	New	+$99.9M	12.34%	3

Other funds holding XCO

IPC

Invesco Private Capital New York $365M AUM 8.08% 1-Year Est. Return

OCM

Oaktree Capital Management Los Angeles, California $7.21B AUM 45.97% 1-Year Est. Return

FFH

Fairfax Financial Holdings Toronto, Ontario, Canada $2.64B AUM 24.46% 1-Year Est. Return

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

CCP

Cyrus Capital Partners New York $156M AUM 81.61% 1-Year Est. Return

Citigroup New York $303B AUM 53.02% 1-Year Est. Return

First Trust Advisors Wheaton, Illinois $170B AUM 46.21% 1-Year Est. Return

STRS Ohio Columbus, Ohio $26.7B AUM 43.32% 1-Year Est. Return

BIT

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

BFA

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

Ares Management's XCO Position: Q2 2015 in Review

Ares Management sold out of Exco Resources (XCO) in Q2 2015, closing a stake of 375,265 shares — an estimated $10.3M sold.

Ares Management first reported a position in XCO in Q2 2013 and held it in 8 quarters. The position peaked at $100M in Q2 2013. 131 funds tracked by Wall St. Rank hold XCO as of Q2 2015.

Ares Management reported no remaining Exco Resources position as of Q2 2015 after selling out during the quarter.
Ares Management sold 375,265 Exco Resources shares in Q2 2015, an estimated $10.3M.
Ares Management first reported a position in Exco Resources in Q2 2013 and held it in 8 quarters.
Ares Management's Exco Resources position peaked at $100M in Q2 2013.
131 funds tracked by Wall St. Rank held Exco Resources as of Q2 2015.

Based on Ares Management's 13F filing for Q2 2015, filed 14 Aug 2015.