Discovery Capital Management’s Time Warner Inc TWX Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-428,212	Closed	-$40.5M	–	70
2018 Q1	$40.5M	Sell	428,212 -277,000	-39%	-$26.1M	1.41%	23
2017 Q4	$64.5M	Buy	+705,212	New	+$66.6M	2%	20
2014 Q4	–	Sell	-1,245,000	Closed	-$93.6M	–	143
2014 Q3	$93.6M	Buy	1,245,000 +350,000	+39%	+$27.1M	1.06%	29
2014 Q2	$62.9M	Buy	+895,000	New	+$58.8M	0.6%	50
2014 Q1	–	Sell	-265,884	Closed	-$17.8M	–	172
2013 Q4	$17.8M	Hold	265,884	–	–	0.13%	91
2013 Q3	$16.8M	Sell	265,884 -346,276	-57%	-$20.7M	0.15%	89
2013 Q2	$33.9M	Buy	+612,160	New	+$34.6M	0.36%	62

Other funds holding TWX

Numen Capital London, United Kingdom $13.5M AUM 47.6% 1-Year Est. Return

LTFS

Ladenburg Thalmann Financial Services Miami, Florida $15.9B AUM 25.16% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

Wolverine Trading Chicago, Illinois $139B AUM 31.83% 1-Year Est. Return

UFF

USA Financial Formulas Ada, Michigan $531M AUM 28.6% 1-Year Est. Return

NIM

NuWave Investment Management Parsippany, New Jersey $87.2M AUM 38.54% 1-Year Est. Return

SFG

SevenBridge Financial Group Harrisburg, Pennsylvania $640M AUM 27.29% 1-Year Est. Return

Discovery Capital Management's TWX Position: Q2 2018 in Review

Discovery Capital Management sold out of Time Warner Inc (TWX) in Q2 2018, closing a stake of 428,212 shares — an estimated $40.5M sold.

Discovery Capital Management first reported a position in TWX in Q2 2013 and held it in 7 quarters. The position peaked at $93.6M in Q3 2014. 7 funds tracked by Wall St. Rank hold TWX as of Q2 2018.

Discovery Capital Management reported no remaining Time Warner Inc position as of Q2 2018 after selling out during the quarter.
Discovery Capital Management sold 428,212 Time Warner Inc shares in Q2 2018, an estimated $40.5M.
Discovery Capital Management first reported a position in Time Warner Inc in Q2 2013 and held it in 7 quarters.
Discovery Capital Management's Time Warner Inc position peaked at $93.6M in Q3 2014.
7 funds tracked by Wall St. Rank held Time Warner Inc as of Q2 2018.

Based on Discovery Capital Management's 13F filing for Q2 2018, filed 14 Aug 2018.