Dorsal Capital Management’s Shutterfly, Inc. SFLY Stock Holding History

Dorsal Capital Management’s Portfolio SFLY Stock Details SFLY Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-800,000	Closed	-$52.7M	–	27
2018 Q3	$52.7M	Buy	800,000 +100,000	+14%	+$7.91M	3.05%	17
2018 Q2	$63M	Sell	700,000 -150,000	-18%	-$13.5M	3.2%	15
2018 Q1	$69.1M	Buy	+850,000	New	+$59.3M	3.32%	12
2014 Q3	–	Sell	-215,000	Closed	-$9.26M	–	40
2014 Q2	$9.26M	Sell	215,000 -360,000	-63%	-$14.7M	1.63%	22
2014 Q1	$24.5M	Buy	575,000 +230,000	+67%	+$11M	4.39%	9
2013 Q4	$17.6M	Buy	345,000 +70,000	+25%	+$3.53M	3.03%	16
2013 Q3	$15.4M	Sell	275,000 -100,000	-27%	-$5.56M	2.91%	18
2013 Q2	$20.9M	Buy	+375,000	New	+$17.8M	3.25%	13

Other funds holding SFLY

Primecap Management Pasadena, California $127B AUM 44.11% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

OFM

Okumus Fund Management Grand Cayman, Cayman Islands $48.7M AUM 70.39% 1-Year Est. Return

FCM

Freshford Capital Management Rye Brook, New York $200M AUM 31.49% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

HAM

HHR Asset Management Berkeley Heights, New Jersey $552M AUM 15.61% 1-Year Est. Return

RHJA

Rice Hall James & Associates San Diego, California $1.8B AUM 36.16% 1-Year Est. Return

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

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

Dorsal Capital Management's SFLY Position: Q4 2018 in Review

Dorsal Capital Management sold out of Shutterfly, Inc. (SFLY) in Q4 2018, closing a stake of 800,000 shares — an estimated $52.7M sold.

Dorsal Capital Management first reported a position in SFLY in Q2 2013 and held it in 8 quarters. The position peaked at $69.1M in Q1 2018. 189 funds tracked by Wall St. Rank hold SFLY as of Q4 2018.

Dorsal Capital Management reported no remaining Shutterfly, Inc. position as of Q4 2018 after selling out during the quarter.
Dorsal Capital Management sold 800,000 Shutterfly, Inc. shares in Q4 2018, an estimated $52.7M.
Dorsal Capital Management first reported a position in Shutterfly, Inc. in Q2 2013 and held it in 8 quarters.
Dorsal Capital Management's Shutterfly, Inc. position peaked at $69.1M in Q1 2018.
189 funds tracked by Wall St. Rank held Shutterfly, Inc. as of Q4 2018.

Based on Dorsal Capital Management's 13F filing for Q4 2018, filed 14 Feb 2019.