Cipher Capital’s PLUM CREEK TIMBER CO (REIT) PCL Stock Holding History

Cipher Capital’s Portfolio PCL Stock Details PCL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-12,558	Closed	-$490K	–	573
2014 Q3	$490K	Buy	+12,558	New	+$523K	0.13%	223
2014 Q2	–	Sell	-6,692	Closed	-$281K	–	572
2014 Q1	$281K	Buy	+6,692	New	+$288K	0.12%	297
2013 Q3	–	Sell	-4,782	Closed	-$223K	–	269
2013 Q2	$223K	Buy	+4,782	New	+$240K	0.55%	90

Other funds holding PCL

LTI

Laffer Tengler Investments Nashville, Tennessee $782M AUM 33.6% 1-Year Est. Return

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

First Eagle Investment Management New York $59B AUM 32.99% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

SAMC

Shinko Asset Management Company Tokyo, Japan $14.7B AUM 18.14% 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

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

MNA

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

Cipher Capital's PCL Position: Q4 2014 in Review

Cipher Capital sold out of PLUM CREEK TIMBER CO (REIT) (PCL) in Q4 2014, closing a stake of 12,558 shares — an estimated $490K sold.

Cipher Capital first reported a position in PCL in Q2 2013 and held it in 3 quarters. The position peaked at $490K in Q3 2014. 583 funds tracked by Wall St. Rank hold PCL as of Q4 2014.

Cipher Capital reported no remaining PLUM CREEK TIMBER CO (REIT) position as of Q4 2014 after selling out during the quarter.
Cipher Capital sold 12,558 PLUM CREEK TIMBER CO (REIT) shares in Q4 2014, an estimated $490K.
Cipher Capital first reported a position in PLUM CREEK TIMBER CO (REIT) in Q2 2013 and held it in 3 quarters.
Cipher Capital's PLUM CREEK TIMBER CO (REIT) position peaked at $490K in Q3 2014.
583 funds tracked by Wall St. Rank held PLUM CREEK TIMBER CO (REIT) as of Q4 2014.

Based on Cipher Capital's 13F filing for Q4 2014, filed 11 Feb 2015.