Beaconlight Capital’s Hostess Brands, Inc. Class A Common Stock TWNK Stock Holding History

Beaconlight Capital’s Portfolio TWNK Stock Details TWNK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-769,222	Closed	-$11.4M	–	29
2018 Q1	$11.4M	Buy	769,222 +474,907	+161%	+$6.65M	4.27%	9
2017 Q4	$4.36M	Sell	294,315 -307,726	-51%	-$4.06M	1.6%	16
2017 Q3	$8.22M	Sell	602,041 -7,357	-1%	-$106K	4.34%	6
2017 Q2	$9.81M	Sell	609,398 -528,664	-46%	-$8.54M	7.89%	5
2017 Q1	$18.1M	Sell	1,138,062 -792,229	-41%	-$11.8M	11.48%	3
2016 Q4	$25.1M	Buy	1,930,291 +208,562	+12%	+$2.53M	13.51%	2
2016 Q3	$18.6M	Buy	+1,721,729	New	+$18.3M	6.74%	4

Other funds holding TWNK

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Janus Henderson Group London, United Kingdom $209B AUM 37.72% 1-Year Est. Return

NMIMC

Northwestern Mutual Investment Management Company Milwaukee, Wisconsin $6.6B AUM 19.75% 1-Year Est. Return

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

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

RRAM

River Road Asset Management Louisville, Kentucky $8.99B AUM 12.83% 1-Year Est. Return

CCMLC

Cardinal Capital Management LLC (Connecticut) Greenwich, Connecticut $365M AUM 18.32% 1-Year Est. Return

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

CIP

Champlain Investment Partners Burlington, Vermont $7.88B AUM 6.82% 1-Year Est. Return

CCM

Channing Capital Management Chicago, Illinois $4.34B AUM 37.08% 1-Year Est. Return

Beaconlight Capital's TWNK Position: Q2 2018 in Review

Beaconlight Capital sold out of Hostess Brands, Inc. Class A Common Stock (TWNK) in Q2 2018, closing a stake of 769,222 shares — an estimated $11.4M sold.

Beaconlight Capital first reported a position in TWNK in Q3 2016 and held it in 7 quarters. The position peaked at $25.1M in Q4 2016. 152 funds tracked by Wall St. Rank hold TWNK as of Q2 2018.

Beaconlight Capital reported no remaining Hostess Brands, Inc. Class A Common Stock position as of Q2 2018 after selling out during the quarter.
Beaconlight Capital sold 769,222 Hostess Brands, Inc. Class A Common Stock shares in Q2 2018, an estimated $11.4M.
Beaconlight Capital first reported a position in Hostess Brands, Inc. Class A Common Stock in Q3 2016 and held it in 7 quarters.
Beaconlight Capital's Hostess Brands, Inc. Class A Common Stock position peaked at $25.1M in Q4 2016.
152 funds tracked by Wall St. Rank held Hostess Brands, Inc. Class A Common Stock as of Q2 2018.

Based on Beaconlight Capital's 13F filing for Q2 2018, filed 14 Aug 2018.