Echo Street Capital Management’s M.D.C. Holdings, Inc. MDC Stock Holding History

Echo Street Capital Management’s Portfolio MDC Stock Details MDC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-321,669	Closed	-$5.98M	–	190
2016 Q3	$5.98M	Buy	321,669 +5,680	+2%	+$106K	0.25%	118
2016 Q2	$5.54M	Sell	315,989 -474,680	-60%	-$8.21M	0.23%	119
2016 Q1	$14.3M	Sell	790,669 -69,199	-8%	-$1.12M	0.74%	49
2015 Q4	$15.8M	Buy	859,868 +407,420	+90%	+$7.72M	0.68%	47
2015 Q3	$8.53M	Sell	452,448 -62,482	-12%	-$1.31M	0.31%	108
2015 Q2	$11.1M	Sell	514,930 -801,940	-61%	-$16.4M	0.49%	77
2015 Q1	$27M	Buy	1,316,870 +62,032	+5%	+$1.19M	1.57%	18
2014 Q4	$23.9M	Buy	1,254,838 +157,889	+14%	+$2.89M	1.48%	23
2014 Q3	$20M	Buy	1,096,949 +282,150	+35%	+$5.71M	1.16%	24
2014 Q2	$17.8M	Sell	814,799 -256,096	-24%	-$5.27M	1.16%	24
2014 Q1	$21.8M	Buy	1,070,895 +243,955	+30%	+$5.22M	1.7%	14
2013 Q4	$19.2M	Buy	826,940 +83,330	+11%	+$1.77M	1.88%	18
2013 Q3	$16.1M	Buy	743,610 +462,481	+165%	+$10.2M	2.04%	14
2013 Q2	$6.58M	Buy	+281,129	New	+$7.31M	1%	38

Other funds holding MDC

CVentures Denver, Colorado $490M AUM

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

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

BFA

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

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

BIP

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

Hexavest Montreal, Quebec, Canada $1.64B AUM 28.34% 1-Year Est. Return

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

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

BIT

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

Echo Street Capital Management's MDC Position: Q4 2016 in Review

Echo Street Capital Management sold out of M.D.C. Holdings, Inc. (MDC) in Q4 2016, closing a stake of 321,669 shares — an estimated $5.98M sold.

Echo Street Capital Management first reported a position in MDC in Q2 2013 and held it in 14 quarters. The position peaked at $27M in Q1 2015. 191 funds tracked by Wall St. Rank hold MDC as of Q4 2016.

Echo Street Capital Management reported no remaining M.D.C. Holdings, Inc. position as of Q4 2016 after selling out during the quarter.
Echo Street Capital Management sold 321,669 M.D.C. Holdings, Inc. shares in Q4 2016, an estimated $5.98M.
Echo Street Capital Management first reported a position in M.D.C. Holdings, Inc. in Q2 2013 and held it in 14 quarters.
Echo Street Capital Management's M.D.C. Holdings, Inc. position peaked at $27M in Q1 2015.
191 funds tracked by Wall St. Rank held M.D.C. Holdings, Inc. as of Q4 2016.

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