Cadian Capital Management’s P M C SIERRA INC PMCS Stock Holding History

Cadian Capital Management’s Portfolio PMCS Stock Details PMCS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-29,683,246	Closed	-$201M	–	125
2015 Q3	$201M	Hold	29,683,246	–	–	7.23%	1
2015 Q2	$254M	Buy	29,683,246 +1,058,297	+4%	+$9.45M	7.48%	2
2015 Q1	$266M	Buy	28,624,949 +1,694,081	+6%	+$15.6M	7.15%	3
2014 Q4	$247M	Buy	26,930,868 +300,000	+1%	+$2.37M	6.2%	4
2014 Q3	$199M	Buy	26,630,868 +1,136,300	+4%	+$8.32M	5.22%	4
2014 Q2	$194M	Sell	25,494,568 -429,855	-2%	-$3.11M	5.78%	3
2014 Q1	$197M	Sell	25,924,423 -846,090	-3%	-$5.95M	4.92%	6
2013 Q4	$172M	Sell	26,770,513 -199,637	-0.7%	-$1.24M	4.43%	8
2013 Q3	$179M	Hold	26,970,150	–	–	5.23%	2
2013 Q2	$171M	Buy	+26,970,150	New	+$165M	5.26%	4

Other funds holding PMCS

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

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

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

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

AAM

Alpine Associates Management Palm Beach, Florida $1.7B AUM 97.55% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

AQR Arbitrage Greenwich, Connecticut $6.09B AUM 27.01% 1-Year Est. Return

WIC

Water Island Capital New York $896M AUM 107.59% 1-Year Est. Return

GCL

Glazer Capital LLC New York $4.71B AUM 81.93% 1-Year Est. Return

TAL

TIG Advisors LLC New York $2.16B AUM 72.99% 1-Year Est. Return

Cadian Capital Management's PMCS Position: Q4 2015 in Review

Cadian Capital Management sold out of P M C SIERRA INC (PMCS) in Q4 2015, closing a stake of 29,683,246 shares — an estimated $201M sold.

Cadian Capital Management first reported a position in PMCS in Q2 2013 and held it in 10 quarters. The position peaked at $266M in Q1 2015. 170 funds tracked by Wall St. Rank hold PMCS as of Q4 2015.

Cadian Capital Management reported no remaining P M C SIERRA INC position as of Q4 2015 after selling out during the quarter.
Cadian Capital Management sold 29,683,246 P M C SIERRA INC shares in Q4 2015, an estimated $201M.
Cadian Capital Management first reported a position in P M C SIERRA INC in Q2 2013 and held it in 10 quarters.
Cadian Capital Management's P M C SIERRA INC position peaked at $266M in Q1 2015.
170 funds tracked by Wall St. Rank held P M C SIERRA INC as of Q4 2015.

Based on Cadian Capital Management's 13F filing for Q4 2015, filed 12 Feb 2016.