HES

Elliott Management’s Hess HES Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2019 Q4	–	Sell	-6,700,000	Closed	-$405M	–	44
2019 Q3	$405M	Sell	6,700,000 -9,554,358	-59%	-$578M	3.38%	7
2019 Q2	$1.03B	Sell	16,254,358 -5,690,642	-26%	-$362M	6.92%	3
2019 Q1	$1.32B	Hold	21,945,000	–	–	8.29%	2
2018 Q4	$889M	Hold	21,945,000	–	–	6.36%	4
2018 Q3	$1.57B	Hold	21,945,000	–	–	6.89%	2
2018 Q2	$1.47B	Buy	21,945,000 +525,000	+2%	+$35.1M	7.27%	4
2018 Q1	$1.08B	Buy	21,420,000 +300,000	+1%	+$15.2M	6.09%	4
2017 Q4	$1B	Buy	21,120,000 +500	+0%	+$23.7K	6.28%	3
2017 Q3	$990M	Buy	21,119,500 +2,319,500	+12%	+$109M	5.84%	3
2017 Q2	$825M	Hold	18,800,000	–	–	5.17%	3
2017 Q1	$906M	Hold	18,800,000	–	–	6.82%	2
2016 Q4	$1.17B	Hold	18,800,000	–	–	8.78%	1
2016 Q3	$1.01B	Hold	18,800,000	–	–	8.23%	1
2016 Q2	$1.13B	Hold	18,800,000	–	–	9.72%	2
2016 Q1	$990M	Buy	18,800,000 +1,000,000	+6%	+$52.7M	10.39%	2
2015 Q4	$863M	Hold	17,800,000	–	–	10.44%	2
2015 Q3	$891M	Hold	17,800,000	–	–	17.06%	1
2015 Q2	$1.19B	Hold	17,800,000	–	–	16.69%	1
2015 Q1	$1.21B	Hold	17,800,000	–	–	14.85%	1
2014 Q4	$1.31B	Hold	17,800,000	–	–	13.7%	1
2014 Q3	$1.68B	Buy	17,800,000 +500,000	+3%	+$47.2M	19.09%	1
2014 Q2	$1.71B	Hold	17,300,000	–	–	23.9%	1
2014 Q1	$1.43B	Buy	17,300,000 +205,000	+1%	+$17M	28.12%	1
2013 Q4	$1.42B	Hold	17,095,000	–	–	32.19%	1
2013 Q3	$1.32B	Buy	17,095,000 +445,000	+3%	+$34.4M	24.3%	1
2013 Q2	$1.11B	Buy	+16,650,000	New	+$1.11B	21.3%	1