Carlyle Group’s Enduro Royalty Trust NDRO Stock Holding History

Carlyle Group’s Portfolio NDRO Stock Details NDRO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-8,186,486	Closed	-$29.1M	–	12
2018 Q1	$29.1M	Hold	8,186,486	–	–	1.2%	9
2017 Q4	$25.8M	Sell	8,186,486 -413,514	-5%	-$1.36M	1.77%	9
2017 Q3	$37.4M	Hold	8,600,000	–	–	2.37%	8
2017 Q2	$27.9M	Hold	8,600,000	–	–	1.84%	7
2017 Q1	$28.8M	Hold	8,600,000	–	–	1.37%	10
2016 Q4	$29.7M	Hold	8,600,000	–	–	1.25%	13
2016 Q3	$30.4M	Hold	8,600,000	–	–	0.81%	15
2016 Q2	$31.9M	Hold	8,600,000	–	–	0.56%	17
2016 Q1	$23.5M	Hold	8,600,000	–	–	0.29%	19
2015 Q4	$20.9M	Hold	8,600,000	–	–	0.28%	20
2015 Q3	$22.8M	Hold	8,600,000	–	–	0.16%	18
2015 Q2	$36M	Hold	8,600,000	–	–	0.21%	20
2015 Q1	$35.3M	Hold	8,600,000	–	–	0.19%	19
2014 Q4	$41.5M	Hold	8,600,000	–	–	0.25%	21
2014 Q3	$97.2M	Hold	8,600,000	–	–	0.83%	16
2014 Q2	$119M	Hold	8,600,000	–	–	0.93%	13
2014 Q1	$108M	Hold	8,600,000	–	–	0.67%	15
2013 Q4	$104M	Hold	8,600,000	–	–	0.71%	16
2013 Q3	$108M	Sell	8,600,000 -11,200,000	-57%	-$170M	0.86%	15
2013 Q2	$313M	Buy	+19,800,000	New	+$321M	2.84%	8

Other funds holding NDRO

Riverstone Holdings New York $36.9M AUM 80.85% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

ArchPoint Investors Coral Gables, Florida $420M AUM 42.19% 1-Year Est. Return

TAM

Tocqueville Asset Management New York $6.74B AUM 32.29% 1-Year Est. Return

MGAM

McGowan Group Asset Management Dallas, Texas $785M AUM 15.71% 1-Year Est. Return

MFP

Michael F. Price $846M AUM 0.07% 1-Year Est. Return

Bessemer Group Woodbridge, New Jersey $63.6B AUM 28.76% 1-Year Est. Return

RJA

Raymond James & Associates St Petersburg, Florida $164B AUM 33.91% 1-Year Est. Return

HCP

Holt Capital Partners Fort Worth, Texas $742M AUM 18.42% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return

Carlyle Group's NDRO Position: Q2 2018 in Review

Carlyle Group sold out of Enduro Royalty Trust (NDRO) in Q2 2018, closing a stake of 8,186,486 shares — an estimated $29.1M sold.

Carlyle Group first reported a position in NDRO in Q2 2013 and held it in 20 quarters. The position peaked at $313M in Q2 2013. 27 funds tracked by Wall St. Rank hold NDRO as of Q2 2018.

Carlyle Group reported no remaining Enduro Royalty Trust position as of Q2 2018 after selling out during the quarter.
Carlyle Group sold 8,186,486 Enduro Royalty Trust shares in Q2 2018, an estimated $29.1M.
Carlyle Group first reported a position in Enduro Royalty Trust in Q2 2013 and held it in 20 quarters.
Carlyle Group's Enduro Royalty Trust position peaked at $313M in Q2 2013.
27 funds tracked by Wall St. Rank held Enduro Royalty Trust as of Q2 2018.

Based on Carlyle Group's 13F filing for Q2 2018, filed 14 Aug 2018.