Elliott Management’s Hess HES Stock Holding History

Elliott Management’s Portfolio HES Stock Details HES Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q2	–	Sell	-800,000	Closed	-$48.2M	–	72
2019 Q1	$48.2M	Buy	800,000 +275,000	+52%	+$15.1M	0.3%	40
2018 Q4	$21.3M	Hold	525,000	–	–	0.15%	53
2018 Q3	$37.6M	Buy	525,000 +375,000	+250%	+$24.7M	0.16%	50
2018 Q2	$10M	Sell	150,000 -175,000	-54%	-$10.5M	0.05%	65
2018 Q1	$16.5M	Buy	325,000 +25,000	+8%	+$1.23M	0.09%	55
2017 Q4	$14.2M	Buy	+300,000	New	+$13.5M	0.09%	52
2017 Q1	–	Sell	-100,000	Closed	-$6.23M	–	76
2016 Q4	$6.23M	Buy	+100,000	New	+$5.47M	0.05%	68
2014 Q4	–	Sell	-250,000	Closed	-$23.6M	–	87
2014 Q3	$23.6M	Sell	250,000 -500,000	-67%	-$49.4M	0.27%	46
2014 Q2	$74.2M	Buy	+750,000	New	+$67.7M	1.04%	18

Other funds holding HES

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

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

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

Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return

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

Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $30.5B AUM 29.95% 1-Year Est. Return

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

UBS AM Chicago, Illinois $481B AUM 26.39% 1-Year Est. Return

Hotchkis & Wiley Capital Management Los Angeles, California $32.4B AUM 17.21% 1-Year Est. Return

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

Elliott Management's HES Position: Q4 2019 in Review

Elliott Management sold out of Hess (HES) in Q4 2019, closing a stake of 6,700,000 shares — an estimated $405M sold.

Elliott Management first reported a position in HES in Q2 2013 and held it in 26 quarters. The position peaked at $1.71B in Q2 2014. 559 funds tracked by Wall St. Rank hold HES as of Q4 2019.

Elliott Management reported no remaining Hess position as of Q4 2019 after selling out during the quarter.
Elliott Management sold 6,700,000 Hess shares in Q4 2019, an estimated $405M.
Elliott Management first reported a position in Hess in Q2 2013 and held it in 26 quarters.
Elliott Management's Hess position peaked at $1.71B in Q2 2014.
559 funds tracked by Wall St. Rank held Hess as of Q4 2019.

Based on Elliott Management's 13F filing for Q4 2019, filed 14 Feb 2020.