Cortland Advisers’s Willis Towers Watson WTW Stock Holding History

Cortland Advisers’s Portfolio WTW Stock Details WTW Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-82,861	Closed	-$9.5M	–	28
2014 Q2	$9.5M	Sell	82,861 -353,378	-81%	-$39.8M	0.2%	27
2014 Q1	$51M	Sell	436,239 -66,780	-13%	-$7.6M	1.09%	26
2013 Q4	$59.7M	Hold	503,019	–	–	1.23%	25
2013 Q3	$57.7M	Hold	503,019	–	–	1.25%	25
2013 Q2	$54.3M	Buy	+503,019	New	+$53.3M	1.22%	26

Other funds holding WTW

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

ValueAct Holdings San Francisco, California $5.71B AUM 7.41% 1-Year Est. Return

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

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

CCM

Cantillon Capital Management New York $15.1B AUM 23.54% 1-Year Est. Return

AGA

Altrinsic Global Advisors Stamford, Connecticut $2.79B AUM 7.25% 1-Year Est. Return

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

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

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

BIT

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

Cortland Advisers's WTW Position: Q3 2014 in Review

Cortland Advisers sold out of Willis Towers Watson (WTW) in Q3 2014, closing a stake of 82,861 shares — an estimated $9.5M sold.

Cortland Advisers first reported a position in WTW in Q2 2013 and held it in 5 quarters. The position peaked at $59.7M in Q4 2013. 231 funds tracked by Wall St. Rank hold WTW as of Q3 2014.

Cortland Advisers reported no remaining Willis Towers Watson position as of Q3 2014 after selling out during the quarter.
Cortland Advisers sold 82,861 Willis Towers Watson shares in Q3 2014, an estimated $9.5M.
Cortland Advisers first reported a position in Willis Towers Watson in Q2 2013 and held it in 5 quarters.
Cortland Advisers's Willis Towers Watson position peaked at $59.7M in Q4 2013.
231 funds tracked by Wall St. Rank held Willis Towers Watson as of Q3 2014.

Based on Cortland Advisers's 13F filing for Q3 2014, filed 13 Nov 2014.