Elm Ridge Management’s BP BP Stock Holding History

Elm Ridge Management’s Portfolio BP Stock Details BP Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-370,402	Closed	-$14.7M	–	48
2013 Q4	$14.7M	Sell	370,402 -75,635	-17%	-$2.82M	1.8%	23
2013 Q3	$15.3M	Sell	446,037 -19,207	-4%	-$659K	1.67%	24
2013 Q2	$15.9M	Buy	+465,244	New	+$16.2M	1.87%	19

Other funds holding BP

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

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

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

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

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

Pzena Investment Management New York $30.8B AUM 11.29% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

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

Gates Foundation Trust Kirkland, Washington $31.7B AUM 20.52% 1-Year Est. Return

Elm Ridge Management's BP Position: Q1 2014 in Review

Elm Ridge Management sold out of BP (BP) in Q1 2014, closing a stake of 370,402 shares — an estimated $14.7M sold.

Elm Ridge Management first reported a position in BP in Q2 2013 and held it in 3 quarters. The position peaked at $15.9M in Q2 2013. 888 funds tracked by Wall St. Rank hold BP as of Q1 2014.

Elm Ridge Management reported no remaining BP position as of Q1 2014 after selling out during the quarter.
Elm Ridge Management sold 370,402 BP shares in Q1 2014, an estimated $14.7M.
Elm Ridge Management first reported a position in BP in Q2 2013 and held it in 3 quarters.
Elm Ridge Management's BP position peaked at $15.9M in Q2 2013.
888 funds tracked by Wall St. Rank held BP as of Q1 2014.

Based on Elm Ridge Management's 13F filing for Q1 2014, filed 15 May 2014.