Cortland Advisers’s State Street STT Stock Holding History

Cortland Advisers’s Portfolio STT Stock Details STT Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-961,822	Closed	-$74.8M	–	32
2016 Q4	$74.8M	Sell	961,822 -186,631	-16%	-$14M	3.69%	10
2016 Q3	$80M	Sell	1,148,453 -781,390	-40%	-$51.1M	4.1%	9
2016 Q2	$104M	Sell	1,929,843 -399,278	-17%	-$23.9M	3.67%	12
2016 Q1	$136M	Sell	2,329,121 -496,176	-18%	-$28.2M	4.04%	10
2015 Q4	$187M	Hold	2,825,297	–	–	4.91%	7
2015 Q3	$190M	Sell	2,825,297 -278,909	-9%	-$20.8M	4.73%	8
2015 Q2	$239M	Hold	3,104,206	–	–	4.98%	7
2015 Q1	$228M	Hold	3,104,206	–	–	4.98%	9
2014 Q4	$244M	Hold	3,104,206	–	–	5.51%	9
2014 Q3	$229M	Hold	3,104,206	–	–	5%	9
2014 Q2	$209M	Hold	3,104,206	–	–	4.37%	11
2014 Q1	$216M	Hold	3,104,206	–	–	4.64%	9
2013 Q4	$228M	Hold	3,104,206	–	–	4.69%	9
2013 Q3	$204M	Hold	3,104,206	–	–	4.42%	11
2013 Q2	$202M	Buy	+3,104,206	New	+$193M	4.53%	10

Other funds holding STT

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

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

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

Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $30.5B AUM 29.95% 1-Year Est. Return

Harris Associates Chicago, Illinois $75B AUM 11.27% 1-Year Est. Return

Hotchkis & Wiley Capital Management Los Angeles, California $32.4B AUM 17.21% 1-Year Est. Return

Cortland Advisers's STT Position: Q1 2017 in Review

Cortland Advisers sold out of State Street (STT) in Q1 2017, closing a stake of 961,822 shares — an estimated $74.8M sold.

Cortland Advisers first reported a position in STT in Q2 2013 and held it in 15 quarters. The position peaked at $244M in Q4 2014. 753 funds tracked by Wall St. Rank hold STT as of Q1 2017.

Cortland Advisers reported no remaining State Street position as of Q1 2017 after selling out during the quarter.
Cortland Advisers sold 961,822 State Street shares in Q1 2017, an estimated $74.8M.
Cortland Advisers first reported a position in State Street in Q2 2013 and held it in 15 quarters.
Cortland Advisers's State Street position peaked at $244M in Q4 2014.
753 funds tracked by Wall St. Rank held State Street as of Q1 2017.

Based on Cortland Advisers's 13F filing for Q1 2017, filed 15 May 2017.