Cubic Asset Management’s Denbury Resources, Inc. DNR Stock Holding History

Cubic Asset Management’s Portfolio DNR Stock Details DNR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-136,850	Closed	-$870K	–	166
2015 Q2	$870K	Sell	136,850 -18,800	-12%	-$143K	0.28%	98
2015 Q1	$1.14M	Buy	155,650 +22,625	+17%	+$175K	0.36%	80
2014 Q4	$1.08M	Sell	133,025 -10,300	-7%	-$107K	0.35%	81
2014 Q3	$2.15M	Buy	143,325 +5,775	+4%	+$96.9K	0.76%	49
2014 Q2	$2.54M	Buy	137,550 +585	+0.4%	+$10K	0.84%	51
2014 Q1	$2.25M	Buy	136,965 +150	+0.1%	+$2.44K	0.77%	52
2013 Q4	$2.25M	Buy	136,815 +36,500	+36%	+$644K	0.7%	59
2013 Q3	$1.85M	Buy	100,315 +1,440	+1%	+$25.4K	0.6%	68
2013 Q2	$1.71M	Buy	+98,875	New	+$1.78M	0.59%	68

Other funds holding DNR

SCP

SailingStone Capital Partners Houston, Texas $440M AUM 127.21% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

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

Artisan Partners Milwaukee, Wisconsin $62.3B AUM 26.25% 1-Year Est. Return

SIM

Sprucegrove Investment Management Toronto, Ontario, Canada $625M AUM 21.08% 1-Year Est. Return

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

Public Sector Pension Investment Board (PSP Investments) Montreal, Quebec, Canada $32.1B AUM 31.84% 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

CIP

Champlain Investment Partners Burlington, Vermont $7.88B AUM 6.82% 1-Year Est. Return

Cubic Asset Management's DNR Position: Q3 2015 in Review

Cubic Asset Management sold out of Denbury Resources, Inc. (DNR) in Q3 2015, closing a stake of 136,850 shares — an estimated $870K sold.

Cubic Asset Management first reported a position in DNR in Q2 2013 and held it in 9 quarters. The position peaked at $2.54M in Q2 2014. 268 funds tracked by Wall St. Rank hold DNR as of Q3 2015.

Cubic Asset Management reported no remaining Denbury Resources, Inc. position as of Q3 2015 after selling out during the quarter.
Cubic Asset Management sold 136,850 Denbury Resources, Inc. shares in Q3 2015, an estimated $870K.
Cubic Asset Management first reported a position in Denbury Resources, Inc. in Q2 2013 and held it in 9 quarters.
Cubic Asset Management's Denbury Resources, Inc. position peaked at $2.54M in Q2 2014.
268 funds tracked by Wall St. Rank held Denbury Resources, Inc. as of Q3 2015.

Based on Cubic Asset Management's 13F filing for Q3 2015, filed 27 Oct 2015.