Brigade Capital Management’s Safehold SAFE Stock Holding History

Brigade Capital Management’s Portfolio SAFE Stock Details SAFE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-435,533	Closed	-$27.6M	–	59
2015 Q1	$27.6M	Buy	435,533 +47,251	+12%	+$3.03M	1.81%	11
2014 Q4	$25.8M	Hold	388,282	–	–	1.5%	15
2014 Q3	$25.5M	Buy	388,282 +18,490	+5%	+$1.31M	1.09%	25
2014 Q2	$27M	Buy	369,792 +10,272	+3%	+$727K	0.94%	22
2014 Q1	$25.8M	Buy	359,520 +282,480	+367%	+$20.7M	1.88%	23
2013 Q4	$5.35M	Buy	+77,040	New	+$4.8M	0.32%	47

Other funds holding SAFE

Diamond Hill Capital Management Columbus, Ohio $16B AUM 4.15% 1-Year Est. Return

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

SCM

Steadfast Capital Management New York $2.92B AUM 26.34% 1-Year Est. Return

Valinor Management New York $32.2M AUM 44.16% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

BFA

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

LCP

Lombardia Capital Partners Pasadena, California $110M AUM 13.11% 1-Year Est. Return

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

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

GRS Advisors Chicago, Illinois $1.01B AUM 13.12% 1-Year Est. Return

Brigade Capital Management's SAFE Position: Q2 2015 in Review

Brigade Capital Management sold out of Safehold (SAFE) in Q2 2015, closing a stake of 435,533 shares — an estimated $27.6M sold.

Brigade Capital Management first reported a position in SAFE in Q4 2013 and held it in 6 quarters. The position peaked at $27.6M in Q1 2015. 140 funds tracked by Wall St. Rank hold SAFE as of Q2 2015.

Brigade Capital Management reported no remaining Safehold position as of Q2 2015 after selling out during the quarter.
Brigade Capital Management sold 435,533 Safehold shares in Q2 2015, an estimated $27.6M.
Brigade Capital Management first reported a position in Safehold in Q4 2013 and held it in 6 quarters.
Brigade Capital Management's Safehold position peaked at $27.6M in Q1 2015.
140 funds tracked by Wall St. Rank held Safehold as of Q2 2015.

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