Bares Capital Management’s Choice Hotels CHH Stock Holding History

Bares Capital Management’s Portfolio CHH Stock Details CHH Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-10,000	Closed	-$560K	–	19
2014 Q4	$560K	Hold	10,000	–	–	0.07%	39
2014 Q3	$520K	Hold	10,000	–	–	0.06%	41
2014 Q2	$471K	Hold	10,000	–	–	0.04%	55
2014 Q1	$460K	Hold	10,000	–	–	0.04%	59
2013 Q4	$491K	Hold	10,000	–	–	0.04%	54
2013 Q3	$432K	Hold	10,000	–	–	0.04%	57
2013 Q2	$397K	Buy	+10,000	New	+$412K	0.04%	59

Other funds holding CHH

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

BAMCO Inc New York $33.1B AUM 11.16% 1-Year Est. Return

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

William Blair & Company Chicago, Illinois $34.9B AUM 18.88% 1-Year Est. Return

CWAM

Columbia Wanger Asset Management Chicago, Illinois $6.69B AUM 31.14% 1-Year Est. Return

BIT

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

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

ACM

Atlanta Capital Management Atlanta, Georgia $22.5B AUM 9.67% 1-Year Est. Return

BTW

Boston Trust Walden Boston, Massachusetts $12.2B AUM 12.45% 1-Year Est. Return

Fundsmith LLP London, United Kingdom $12.8B AUM 6.9% 1-Year Est. Return

Bares Capital Management's CHH Position: Q1 2015 in Review

Bares Capital Management sold out of Choice Hotels (CHH) in Q1 2015, closing a stake of 10,000 shares — an estimated $560K sold.

Bares Capital Management first reported a position in CHH in Q2 2013 and held it in 7 quarters. The position peaked at $560K in Q4 2014. 137 funds tracked by Wall St. Rank hold CHH as of Q1 2015.

Bares Capital Management reported no remaining Choice Hotels position as of Q1 2015 after selling out during the quarter.
Bares Capital Management sold 10,000 Choice Hotels shares in Q1 2015, an estimated $560K.
Bares Capital Management first reported a position in Choice Hotels in Q2 2013 and held it in 7 quarters.
Bares Capital Management's Choice Hotels position peaked at $560K in Q4 2014.
137 funds tracked by Wall St. Rank held Choice Hotels as of Q1 2015.

Based on Bares Capital Management's 13F filing for Q1 2015, filed 15 May 2015.