Cadian Capital Management’s Shutterfly, Inc. SFLY Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-806,654	Closed	-$33.6M	–	112
2014 Q4	$33.6M	Buy	806,654 +681,654	+545%	+$29.1M	0.85%	26
2014 Q3	$6.09M	Sell	125,000 -1,085,590	-90%	-$53M	0.16%	66
2014 Q2	$52.1M	Buy	1,210,590 +410,590	+51%	+$16.8M	1.55%	20
2014 Q1	$34.1M	Buy	+800,000	New	+$38.1M	0.85%	29
2013 Q3	–	Sell	-55,912	Closed	-$3.13M	–	103
2013 Q2	$3.13M	Buy	+55,912	New	+$2.65M	0.1%	65

Other funds holding SFLY

Primecap Management Pasadena, California $127B AUM 44.11% 1-Year Est. Return

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

FCP

Fine Capital Partners New York $563M AUM 7.48% 1-Year Est. Return

MNA

Manning & Napier Advisors Fairport, New York $7.09B AUM 17.35% 1-Year Est. Return

MPEM

Marathon Partners Equity Management New York $88.3M AUM 20.65% 1-Year Est. Return

RCMC

Rubric Capital Management (Connecticut) Stamford, Connecticut $6.44M AUM 43.01% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

PWAM

Park West Asset Management San Francisco, California $1.18B AUM 47.25% 1-Year Est. Return

CWAM

Columbia Wanger Asset Management Chicago, Illinois $6.69B AUM 31.14% 1-Year Est. Return

BIT

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

Cadian Capital Management's SFLY Position: Q1 2015 in Review

Cadian Capital Management sold out of Shutterfly, Inc. (SFLY) in Q1 2015, closing a stake of 806,654 shares — an estimated $33.6M sold.

Cadian Capital Management first reported a position in SFLY in Q2 2013 and held it in 5 quarters. The position peaked at $52.1M in Q2 2014. 163 funds tracked by Wall St. Rank hold SFLY as of Q1 2015.

Cadian Capital Management reported no remaining Shutterfly, Inc. position as of Q1 2015 after selling out during the quarter.
Cadian Capital Management sold 806,654 Shutterfly, Inc. shares in Q1 2015, an estimated $33.6M.
Cadian Capital Management first reported a position in Shutterfly, Inc. in Q2 2013 and held it in 5 quarters.
Cadian Capital Management's Shutterfly, Inc. position peaked at $52.1M in Q2 2014.
163 funds tracked by Wall St. Rank held Shutterfly, Inc. as of Q1 2015.

Based on Cadian Capital Management's 13F filing for Q1 2015, filed 14 May 2015.