Conatus Capital Management’s Vail Resorts MTN Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q4	$7.96M	Sell	37,442 -246,397	-87%	-$52.4M	8.62%	2
2017 Q3	$64.7M	Sell	283,839 -73,614	-21%	-$16.8M	7.82%	3
2017 Q2	$72.5M	Sell	357,453 -78,213	-18%	-$15.9M	6.66%	3
2017 Q1	$83.6M	Buy	435,666 +85,394	+24%	+$16.4M	6.23%	3
2016 Q4	$56.5M	Buy	+350,272	New	+$56.5M	4.15%	9