Burgundy Asset Management’s MSCI MSCI Stock Holding History

Burgundy Asset Management’s Portfolio MSCI Stock Details MSCI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-544,881	Closed	-$39.3M	–	111
2015 Q4	$39.3M	Sell	544,881 -975	-0.2%	-$65.2K	0.43%	64
2015 Q3	$32.5M	Sell	545,856 -647,219	-54%	-$40.8M	0.36%	64
2015 Q2	$73.4M	Sell	1,193,075 -389,922	-25%	-$24.2M	0.8%	41
2015 Q1	$97.1M	Sell	1,582,997 -43,491	-3%	-$2.43M	1.07%	36
2014 Q4	$77.2M	Buy	1,626,488 +30,683	+2%	+$1.44M	0.85%	44
2014 Q3	$75M	Sell	1,595,805 -85,663	-5%	-$3.96M	0.9%	42
2014 Q2	$77.1M	Sell	1,681,468 -23,406	-1%	-$1.01M	0.91%	41
2014 Q1	$73.3M	Sell	1,704,874 -1,018	-0.1%	-$44.4K	0.89%	44
2013 Q4	$74.6M	Sell	1,705,892 -35,939	-2%	-$1.51M	0.93%	43
2013 Q3	$70.1M	Buy	1,741,831 +9,317	+0.5%	+$348K	1.1%	42
2013 Q2	$57.6M	Buy	+1,732,514	New	+$58.5M	0.98%	48

Other funds holding MSCI

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

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

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

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

JHIU

Janus Henderson Investors US Denver, Colorado $122B AUM 18.26% 1-Year Est. Return

ValueAct Holdings San Francisco, California $5.71B AUM 7.41% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.14% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.26% 1-Year Est. Return

Fiera Capital (Canada) Montreal, Quebec, Canada $27.6B AUM 23.56% 1-Year Est. Return

Burgundy Asset Management's MSCI Position: Q1 2016 in Review

Burgundy Asset Management sold out of MSCI (MSCI) in Q1 2016, closing a stake of 544,881 shares — an estimated $39.3M sold.

Burgundy Asset Management first reported a position in MSCI in Q2 2013 and held it in 11 quarters. The position peaked at $97.1M in Q1 2015. 304 funds tracked by Wall St. Rank hold MSCI as of Q1 2016.

Burgundy Asset Management reported no remaining MSCI position as of Q1 2016 after selling out during the quarter.
Burgundy Asset Management sold 544,881 MSCI shares in Q1 2016, an estimated $39.3M.
Burgundy Asset Management first reported a position in MSCI in Q2 2013 and held it in 11 quarters.
Burgundy Asset Management's MSCI position peaked at $97.1M in Q1 2015.
304 funds tracked by Wall St. Rank held MSCI as of Q1 2016.

Based on Burgundy Asset Management's 13F filing for Q1 2016, filed 11 May 2016.