Copeland Capital Management’s AmTrust Financial Services, Inc. AFSI Stock Holding History

Copeland Capital Management’s Portfolio AFSI Stock Details AFSI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-748,562	Closed	-$14.9M	–	179
2014 Q3	$14.9M	Sell	748,562 -18,840	-2%	-$399K	1.52%	40
2014 Q2	$16M	Buy	767,402 +31,194	+4%	+$640K	1.79%	25
2014 Q1	$13.8M	Buy	736,208 +106,808	+17%	+$1.87M	1.69%	34
2013 Q4	$10.3M	Buy	629,400 +20,626	+3%	+$390K	1.34%	43
2013 Q3	$11.9M	Buy	608,774 +123,199	+25%	+$2.29M	1.84%	34
2013 Q2	$7.88M	Buy	+485,575	New	+$7.35M	1.42%	46

Other funds holding AFSI

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

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

LAM

Lyrical Asset Management New York $6.56B AUM 20.06% 1-Year Est. Return

WEC

White Elm Capital Greenwich, Connecticut $118M AUM 42.18% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

BHR Capital New York $48.6M AUM 3.78% 1-Year Est. Return

BIT

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

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Copeland Capital Management's AFSI Position: Q4 2014 in Review

Copeland Capital Management sold out of AmTrust Financial Services, Inc. (AFSI) in Q4 2014, closing a stake of 748,562 shares — an estimated $14.9M sold.

Copeland Capital Management first reported a position in AFSI in Q2 2013 and held it in 6 quarters. The position peaked at $16M in Q2 2014. 233 funds tracked by Wall St. Rank hold AFSI as of Q4 2014.

Copeland Capital Management reported no remaining AmTrust Financial Services, Inc. position as of Q4 2014 after selling out during the quarter.
Copeland Capital Management sold 748,562 AmTrust Financial Services, Inc. shares in Q4 2014, an estimated $14.9M.
Copeland Capital Management first reported a position in AmTrust Financial Services, Inc. in Q2 2013 and held it in 6 quarters.
Copeland Capital Management's AmTrust Financial Services, Inc. position peaked at $16M in Q2 2014.
233 funds tracked by Wall St. Rank held AmTrust Financial Services, Inc. as of Q4 2014.

Based on Copeland Capital Management's 13F filing for Q4 2014, filed 12 Feb 2015.