Elk Creek Partners’s ARUBA NETWORKS, INC. ARUN Stock Holding History

Elk Creek Partners’s Portfolio ARUN Stock Details ARUN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-789,494	Closed	-$14.4M	–	178
2014 Q4	$14.4M	Buy	789,494 +426,531	+118%	+$8.51M	1.85%	4
2014 Q3	$7.83M	Sell	362,963 -20,226	-5%	-$397K	2.04%	3
2014 Q2	$6.71M	Buy	383,189 +188,038	+96%	+$3.54M	1.83%	6
2014 Q1	$3.66M	Buy	195,151 +67,334	+53%	+$1.35M	1.58%	7
2013 Q4	$2.29M	Buy	+127,817	New	+$2.3M	1.65%	7

Other funds holding ARUN

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

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

WIC

Water Island Capital New York $896M AUM 107.59% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

TAL

TIG Advisors LLC New York $2.16B AUM 72.99% 1-Year Est. Return

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

PCM

Pentwater Capital Management Naples, Florida $19.3B AUM 58.13% 1-Year Est. Return

BFA

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

AAM

Alpine Associates Management Palm Beach, Florida $1.7B AUM 97.55% 1-Year Est. Return

Elk Creek Partners's ARUN Position: Q1 2015 in Review

Elk Creek Partners sold out of ARUBA NETWORKS, INC. (ARUN) in Q1 2015, closing a stake of 789,494 shares — an estimated $14.4M sold.

Elk Creek Partners first reported a position in ARUN in Q4 2013 and held it in 5 quarters. The position peaked at $14.4M in Q4 2014. 195 funds tracked by Wall St. Rank hold ARUN as of Q1 2015.

Elk Creek Partners reported no remaining ARUBA NETWORKS, INC. position as of Q1 2015 after selling out during the quarter.
Elk Creek Partners sold 789,494 ARUBA NETWORKS, INC. shares in Q1 2015, an estimated $14.4M.
Elk Creek Partners first reported a position in ARUBA NETWORKS, INC. in Q4 2013 and held it in 5 quarters.
Elk Creek Partners's ARUBA NETWORKS, INC. position peaked at $14.4M in Q4 2014.
195 funds tracked by Wall St. Rank held ARUBA NETWORKS, INC. as of Q1 2015.

Based on Elk Creek Partners's 13F filing for Q1 2015, filed 13 May 2015.