Churchill Management’s Welltower WELL Stock Holding History

Churchill Management’s Portfolio WELL Stock Details WELL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-157,563	Closed	-$10.3M	–	189
2015 Q2	$10.3M	Sell	157,563 -1,765	-1%	-$127K	0.37%	39
2015 Q1	$12.3M	Buy	159,328 +26,885	+20%	+$2.12M	0.42%	33
2014 Q4	$10M	Buy	132,443 +23,520	+22%	+$1.68M	0.4%	25
2014 Q3	$6.79M	Buy	108,923 +17,835	+20%	+$1.15M	0.28%	43
2014 Q2	$5.71M	Buy	91,088 +10,816	+13%	+$681K	0.26%	50
2014 Q1	$4.78M	Buy	+80,272	New	+$4.59M	0.19%	52
2013 Q4	–	Sell	-35,270	Closed	-$2.2M	–	214
2013 Q3	$2.2M	Sell	35,270 -2,281	-6%	-$145K	0.11%	56
2013 Q2	$2.52M	Buy	+37,551	New	+$2.67M	0.12%	52

Other funds holding WELL

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

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

Cohen & Steers New York $63.2B AUM 17.15% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

CIMLRA

CBRE Investment Management Listed Real Assets Radnor, Pennsylvania $7.18B AUM 18.15% 1-Year Est. Return

Daiwa Securities Group Tokyo, Japan $51.1B AUM 35.55% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Churchill Management's WELL Position: Q3 2015 in Review

Churchill Management sold out of Welltower (WELL) in Q3 2015, closing a stake of 157,563 shares — an estimated $10.3M sold.

Churchill Management first reported a position in WELL in Q2 2013 and held it in 8 quarters. The position peaked at $12.3M in Q1 2015. 594 funds tracked by Wall St. Rank hold WELL as of Q3 2015.

Churchill Management reported no remaining Welltower position as of Q3 2015 after selling out during the quarter.
Churchill Management sold 157,563 Welltower shares in Q3 2015, an estimated $10.3M.
Churchill Management first reported a position in Welltower in Q2 2013 and held it in 8 quarters.
Churchill Management's Welltower position peaked at $12.3M in Q1 2015.
594 funds tracked by Wall St. Rank held Welltower as of Q3 2015.

Based on Churchill Management's 13F filing for Q3 2015, filed 15 Oct 2015.