Brown Capital Management’s Ultimate Software Group Inc ULTI Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q2	–	Sell	-3,809	Closed	-$1.26M	–	124
2019 Q1	$1.26M	Sell	3,809 -2,432	-39%	-$746K	0.01%	76
2018 Q4	$1.53M	Buy	6,241 +8	+0.1%	+$2.12K	0.02%	67
2018 Q3	$2.01M	Buy	6,233 +1,172	+23%	+$347K	0.02%	66
2018 Q2	$1.3M	Buy	5,061 +248	+5%	+$63.7K	0.01%	70
2018 Q1	$1.17M	Buy	4,813 +1,106	+30%	+$261K	0.01%	75
2017 Q4	$809K	Buy	3,707 +129	+4%	+$26.2K	0.01%	90
2017 Q3	$678K	Buy	+3,578	New	+$722K	0.01%	98

Other funds holding ULTI

PCG

Private Capital Group West Hartford, Connecticut $133M AUM 11.23% 1-Year Est. Return

McIlrath & Eck Arlington, Washington $1.35B AUM 15.78% 1-Year Est. Return

Brown Capital Management's ULTI Position: Q2 2019 in Review

Brown Capital Management sold out of Ultimate Software Group Inc (ULTI) in Q2 2019, closing a stake of 3,809 shares — an estimated $1.26M sold.

Brown Capital Management first reported a position in ULTI in Q3 2017 and held it in 7 quarters. The position peaked at $2.01M in Q3 2018. 2 funds tracked by Wall St. Rank hold ULTI as of Q2 2019.

Brown Capital Management reported no remaining Ultimate Software Group Inc position as of Q2 2019 after selling out during the quarter.
Brown Capital Management sold 3,809 Ultimate Software Group Inc shares in Q2 2019, an estimated $1.26M.
Brown Capital Management first reported a position in Ultimate Software Group Inc in Q3 2017 and held it in 7 quarters.
Brown Capital Management's Ultimate Software Group Inc position peaked at $2.01M in Q3 2018.
2 funds tracked by Wall St. Rank held Ultimate Software Group Inc as of Q2 2019.

Based on Brown Capital Management's 13F filing for Q2 2019, filed 13 Aug 2019.