Blue Ridge Capital’s CDK Global, Inc. CDK Stock Holding History

Blue Ridge Capital’s Portfolio CDK Stock Details CDK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-2,664,600	Closed	-$190M	–	25
2017 Q4	$190M	Sell	2,664,600 -1,278,090	-32%	-$85.8M	6.32%	4
2017 Q3	$249M	Buy	3,942,690 +45,190	+1%	+$2.85M	4.47%	7
2017 Q2	$242M	Sell	3,897,500 -1,188,600	-23%	-$74.5M	4.23%	7
2017 Q1	$331M	Sell	5,086,100 -464,300	-8%	-$29.7M	4.3%	5
2016 Q4	$331M	Sell	5,550,400 -613,000	-10%	-$35.1M	4.18%	4
2016 Q3	$354M	Buy	6,163,400 +5,400	+0.1%	+$311K	4.19%	4
2016 Q2	$342M	Buy	6,158,000 +26,400	+0.4%	+$1.36M	4.41%	4
2016 Q1	$285M	Sell	6,131,600 -18,400	-0.3%	-$819K	3.47%	6
2015 Q4	$292M	Hold	6,150,000	–	–	3.25%	8
2015 Q3	$294M	Buy	6,150,000 +2,400,000	+64%	+$122M	3.38%	7
2015 Q2	$202M	Buy	3,750,000 +690,000	+23%	+$35.4M	2.28%	19
2015 Q1	$143M	Buy	+3,060,000	New	+$140M	1.63%	31

Other funds holding CDK

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

Elliott Management New York $11.8B AUM 20.29% 1-Year Est. Return

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

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

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

SHCM

Sachem Head Capital Management New York $4.15B AUM 48.05% 1-Year Est. Return

Scharf Investments Los Gatos, California $3.03B AUM 7.75% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

SIG

Senator Investment Group New York $2.18B AUM 58.56% 1-Year Est. Return

Blue Ridge Capital's CDK Position: Q1 2018 in Review

Blue Ridge Capital sold out of CDK Global, Inc. (CDK) in Q1 2018, closing a stake of 2,664,600 shares — an estimated $190M sold.

Blue Ridge Capital first reported a position in CDK in Q1 2015 and held it in 12 quarters. The position peaked at $354M in Q3 2016. 603 funds tracked by Wall St. Rank hold CDK as of Q1 2018.

Blue Ridge Capital reported no remaining CDK Global, Inc. position as of Q1 2018 after selling out during the quarter.
Blue Ridge Capital sold 2,664,600 CDK Global, Inc. shares in Q1 2018, an estimated $190M.
Blue Ridge Capital first reported a position in CDK Global, Inc. in Q1 2015 and held it in 12 quarters.
Blue Ridge Capital's CDK Global, Inc. position peaked at $354M in Q3 2016.
603 funds tracked by Wall St. Rank held CDK Global, Inc. as of Q1 2018.

Based on Blue Ridge Capital's 13F filing for Q1 2018.