Discovery Capital Management’s TIM SA TIMB Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-2,052,154	Closed	-$21.6M	–	96
2016 Q2	$21.6M	Buy	2,052,154 +1,512,911	+281%	+$15.5M	0.5%	48
2016 Q1	$5.96M	Buy	+539,243	New	+$4.74M	0.09%	90
2015 Q4	–	Sell	-1,194,965	Closed	-$11.3M	–	123
2015 Q3	$11.3M	Sell	1,194,965 -9,570	-0.8%	-$122K	0.13%	90
2015 Q2	$19.7M	Sell	1,204,535 -1,029,129	-46%	-$16.4M	0.23%	70
2015 Q1	$37M	Sell	2,233,664 -230,300	-9%	-$4.8M	0.42%	63
2014 Q4	$54.7M	Buy	2,463,964 +201,000	+9%	+$4.78M	0.56%	56
2014 Q3	$59.3M	Buy	2,262,964 +173,100	+8%	+$4.68M	0.67%	43
2014 Q2	$60.7M	Sell	2,089,864 -640,084	-23%	-$17.5M	0.58%	52
2014 Q1	$70.9M	Buy	2,729,948 +1,373,511	+101%	+$35.7M	0.52%	63
2013 Q4	$35.6M	Buy	+1,356,437	New	+$34.3M	0.26%	69

Other funds holding TIMB

BIP

Brandes Investment Partners La Jolla, California $14.1B AUM 25.52% 1-Year Est. Return

Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada $155B AUM 29.93% 1-Year Est. Return

Elliott Management New York $11.8B AUM 20.29% 1-Year Est. Return

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

Macquarie Group Sydney, NSW 2000, Australia $16.8B AUM 27.39% 1-Year Est. Return

Paulson & Co New York $3.11B AUM 94.93% 1-Year Est. Return

TCG

Tremblant Capital Group West Palm Beach, Florida $3.11B AUM 18.12% 1-Year Est. Return

PAMU

Pictet Asset Management (UK) London, United Kingdom $91.8B AUM 47.77% 1-Year Est. Return

BGIM

Boussard & Gavaudan Investment Management London, United Kingdom $1.06B AUM 4.58% 1-Year Est. Return

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

Discovery Capital Management's TIMB Position: Q3 2016 in Review

Discovery Capital Management sold out of TIM SA (TIMB) in Q3 2016, closing a stake of 2,052,154 shares — an estimated $21.6M sold.

Discovery Capital Management first reported a position in TIMB in Q4 2013 and held it in 10 quarters. The position peaked at $70.9M in Q1 2014. 100 funds tracked by Wall St. Rank hold TIMB as of Q3 2016.

Discovery Capital Management reported no remaining TIM SA position as of Q3 2016 after selling out during the quarter.
Discovery Capital Management sold 2,052,154 TIM SA shares in Q3 2016, an estimated $21.6M.
Discovery Capital Management first reported a position in TIM SA in Q4 2013 and held it in 10 quarters.
Discovery Capital Management's TIM SA position peaked at $70.9M in Q1 2014.
100 funds tracked by Wall St. Rank held TIM SA as of Q3 2016.

Based on Discovery Capital Management's 13F filing for Q3 2016, filed 14 Nov 2016.