Discovery Capital Management’s Panera Bread Co PNRA Stock Holding History

Discovery Capital Management’s Portfolio PNRA Stock Details PNRA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-122,659	Closed	-$23.9M	–	134
2016 Q3	$23.9M	Sell	122,659 -101,891	-45%	-$21.5M	0.51%	51
2016 Q2	$47.6M	Sell	224,550 -35,100	-14%	-$7.48M	1.09%	36
2016 Q1	$53.2M	Buy	259,650 +175,650	+209%	+$35M	0.77%	40
2015 Q4	$16.4M	Sell	84,000 -176,000	-68%	-$32.7M	0.19%	72
2015 Q3	$50.3M	Buy	+260,000	New	+$48.5M	0.56%	56
2015 Q2	–	Sell	-431,458	Closed	-$69M	–	132
2015 Q1	$69M	Buy	431,458 +109,975	+34%	+$18.2M	0.79%	42
2014 Q4	$56.2M	Buy	321,483 +26,733	+9%	+$4.46M	0.58%	54
2014 Q3	$48M	Buy	294,750 +231,450	+366%	+$34.9M	0.54%	51
2014 Q2	$9.48M	Buy	+63,300	New	+$10M	0.09%	99
2013 Q4	–	Sell	-118,300	Closed	-$18.8M	–	163
2013 Q3	$18.8M	Buy	+118,300	New	+$20.5M	0.17%	85

Other funds holding PNRA

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

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

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

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

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

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

BIT

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

BAMCO Inc New York $33.1B AUM 11.16% 1-Year Est. Return

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

Discovery Capital Management's PNRA Position: Q4 2016 in Review

Discovery Capital Management sold out of Panera Bread Co (PNRA) in Q4 2016, closing a stake of 122,659 shares — an estimated $23.9M sold.

Discovery Capital Management first reported a position in PNRA in Q3 2013 and held it in 10 quarters. The position peaked at $69M in Q1 2015. 356 funds tracked by Wall St. Rank hold PNRA as of Q4 2016.

Discovery Capital Management reported no remaining Panera Bread Co position as of Q4 2016 after selling out during the quarter.
Discovery Capital Management sold 122,659 Panera Bread Co shares in Q4 2016, an estimated $23.9M.
Discovery Capital Management first reported a position in Panera Bread Co in Q3 2013 and held it in 10 quarters.
Discovery Capital Management's Panera Bread Co position peaked at $69M in Q1 2015.
356 funds tracked by Wall St. Rank held Panera Bread Co as of Q4 2016.

Based on Discovery Capital Management's 13F filing for Q4 2016, filed 14 Feb 2017.