Arlington Value Capital’s DNOW Inc DNOW Stock Holding History

Arlington Value Capital’s Portfolio DNOW Stock Details DNOW Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-2,652,539	Closed	-$42.7M	–	26
2017 Q2	$42.7M	Sell	2,652,539 -189,933	-7%	-$3.24M	4.88%	6
2017 Q1	$48.2M	Sell	2,842,472 -48,218	-2%	-$949K	6.88%	5
2016 Q4	$59.2M	Sell	2,890,690 -646,603	-18%	-$13.7M	8.14%	5
2016 Q3	$75.8M	Sell	3,537,293 -1,082,025	-23%	-$21.6M	8.79%	4
2016 Q2	$83.8M	Sell	4,619,318 -111,194	-2%	-$1.95M	9.29%	4
2016 Q1	$83.8M	Sell	4,730,512 -1,356,111	-22%	-$20.8M	10.25%	4
2015 Q4	$96.3M	Buy	6,086,623 +567,266	+10%	+$9.68M	12.1%	3
2015 Q3	$81.7M	Buy	5,519,357 +1,877,293	+52%	+$32.7M	10.96%	3
2015 Q2	$72.5M	Sell	3,642,064 -419,532	-10%	-$9.59M	10.13%	5
2015 Q1	$87.9M	Buy	4,061,596 +2,248,263	+124%	+$52.3M	12.7%	3
2014 Q4	$46.7M	Buy	1,813,333 +1,599,296	+747%	+$43.7M	8.26%	6
2014 Q3	$6.51M	Buy	+214,037	New	+$7.01M	1.47%	10

Other funds holding DNOW

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

ClearBridge Investments New York $115B AUM 24.78% 1-Year Est. Return

First Eagle Investment Management New York $59B AUM 32.99% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

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

Ninety One (UK) London, United Kingdom $44.7B AUM 17.24% 1-Year Est. Return

BCIM

Black Creek Investment Management Toronto, Ontario, Canada $1.86B AUM 15.33% 1-Year Est. Return

Arlington Value Capital's DNOW Position: Q3 2017 in Review

Arlington Value Capital sold out of DNOW Inc (DNOW) in Q3 2017, closing a stake of 2,652,539 shares — an estimated $42.7M sold.

Arlington Value Capital first reported a position in DNOW in Q3 2014 and held it in 12 quarters. The position peaked at $96.3M in Q4 2015. 265 funds tracked by Wall St. Rank hold DNOW as of Q3 2017.

Arlington Value Capital reported no remaining DNOW Inc position as of Q3 2017 after selling out during the quarter.
Arlington Value Capital sold 2,652,539 DNOW Inc shares in Q3 2017, an estimated $42.7M.
Arlington Value Capital first reported a position in DNOW Inc in Q3 2014 and held it in 12 quarters.
Arlington Value Capital's DNOW Inc position peaked at $96.3M in Q4 2015.
265 funds tracked by Wall St. Rank held DNOW Inc as of Q3 2017.

Based on Arlington Value Capital's 13F filing for Q3 2017, filed 14 Nov 2017.