Discovery Capital Management’s CONCHO RESOURCES INC. CXO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-205,816	Closed	-$31.4M	–	66
2018 Q3	$31.4M	Buy	+205,816	New	+$29M	2%	18
2018 Q1	–	Sell	-206,122	Closed	-$31M	–	73
2017 Q4	$31M	Buy	206,122 +17,422	+9%	+$2.42M	1.11%	37
2017 Q3	$24.9M	Buy	+188,700	New	+$22.7M	0.62%	45
2016 Q4	–	Sell	-248,440	Closed	-$34.1M	–	131
2016 Q3	$34.1M	Sell	248,440 -508,072	-67%	-$64.4M	0.75%	44
2016 Q2	$90.2M	Buy	756,512 +136,473	+22%	+$15.8M	2.28%	17
2016 Q1	$62.6M	Sell	620,039 -398,324	-39%	-$36.6M	1.03%	36
2015 Q4	$94.6M	Sell	1,018,363 -734,200	-42%	-$78.6M	1.3%	31
2015 Q3	$172M	Buy	1,752,563 +341,100	+24%	+$35.8M	1.99%	16
2015 Q2	$161M	Buy	1,411,463 +578,390	+69%	+$70.1M	2.12%	12
2015 Q1	$96.6M	Buy	833,073 +818,073	+5,454%	+$89.1M	1.15%	31
2014 Q4	$1.5M	Buy	+15,000	New	+$1.57M	0.02%	113
2014 Q3	–	Sell	-276,000	Closed	-$39.9M	–	132
2014 Q2	$39.9M	Buy	+276,000	New	+$36.6M	0.38%	62
2014 Q1	–	Sell	-587,801	Closed	-$63.5M	–	168
2013 Q4	$63.5M	Buy	587,801 +31,500	+6%	+$3.41M	0.47%	51
2013 Q3	$60.5M	Buy	556,301 +246,001	+79%	+$23.4M	0.54%	50
2013 Q2	$26M	Buy	+310,300	New	+$26.5M	0.29%	68