Brown Capital Management’s Carbo Ceramics Inc. CRR Stock Holding History

Brown Capital Management’s Portfolio CRR Stock Details CRR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-1,010,208	Closed	-$19.2M	–	134
2015 Q3	$19.2M	Sell	1,010,208 -249,013	-20%	-$7.24M	0.33%	43
2015 Q2	$52.4M	Sell	1,259,221 -63,056	-5%	-$2.54M	0.86%	29
2015 Q1	$40.3M	Sell	1,322,277 -11,400	-0.9%	-$400K	0.67%	31
2014 Q4	$53.4M	Sell	1,333,677 -50,548	-4%	-$2.36M	0.92%	29
2014 Q3	$82M	Sell	1,384,225 -49,172	-3%	-$5.61M	1.45%	24
2014 Q2	$221M	Sell	1,433,397 -78,913	-5%	-$10.9M	3.68%	5
2014 Q1	$209M	Sell	1,512,310 -19,921	-1%	-$2.36M	3.44%	5
2013 Q4	$179M	Sell	1,532,231 -142,415	-9%	-$16.2M	2.92%	17
2013 Q3	$166M	Buy	1,674,646 +123,583	+8%	+$10.5M	2.92%	13
2013 Q2	$105M	Buy	+1,551,063	New	+$115M	2.24%	22

Other funds holding CRR

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

SAM

Southernsun Asset Management Memphis, Tennessee $743M AUM 34.03% 1-Year Est. Return

DRZID

DePrince Race & Zollo Inc (DRZ) Winter Park, Florida $5.96B AUM 38.5% 1-Year Est. Return

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

SCM

Snow Capital Management Sewickley, Pennsylvania $703M AUM 76.26% 1-Year Est. Return

BFA

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

Heartland Advisors Milwaukee, Wisconsin $2.25B AUM 44.61% 1-Year Est. Return

VFA

Virtus Fund Advisers Hartford, Connecticut $32.1M AUM 39.5% 1-Year Est. Return

OAMA

Oslo Asset Management AS Oslo, Norway $86.5M AUM 12.57% 1-Year Est. Return

RFC

Russell Frank Company Seattle, Washington $56.9B AUM 2.13% 1-Year Est. Return

Brown Capital Management's CRR Position: Q4 2015 in Review

Brown Capital Management sold out of Carbo Ceramics Inc. (CRR) in Q4 2015, closing a stake of 1,010,208 shares — an estimated $19.2M sold.

Brown Capital Management first reported a position in CRR in Q2 2013 and held it in 10 quarters. The position peaked at $221M in Q2 2014. 136 funds tracked by Wall St. Rank hold CRR as of Q4 2015.

Brown Capital Management reported no remaining Carbo Ceramics Inc. position as of Q4 2015 after selling out during the quarter.
Brown Capital Management sold 1,010,208 Carbo Ceramics Inc. shares in Q4 2015, an estimated $19.2M.
Brown Capital Management first reported a position in Carbo Ceramics Inc. in Q2 2013 and held it in 10 quarters.
Brown Capital Management's Carbo Ceramics Inc. position peaked at $221M in Q2 2014.
136 funds tracked by Wall St. Rank held Carbo Ceramics Inc. as of Q4 2015.

Based on Brown Capital Management's 13F filing for Q4 2015, filed 16 Feb 2016.