Elm Ridge Management’s Interpublic Group of Companies IPG Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-899,547	Closed	-$18.7M	–	33
2014 Q4	$18.7M	Sell	899,547 -455,966	-34%	-$8.77M	1.79%	25
2014 Q3	$24.8M	Buy	1,355,513 +4,405	+0.3%	+$85.4K	2.46%	15
2014 Q2	$26.4M	Sell	1,351,108 -36,052	-3%	-$654K	2.49%	14
2014 Q1	$23.8M	Buy	1,387,160 +613,660	+79%	+$10.5M	2.4%	18
2013 Q4	$13.7M	Buy	+773,500	New	+$13M	1.68%	26

Other funds holding IPG

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

Harris Associates Chicago, Illinois $75B AUM 11.27% 1-Year Est. Return

Elliott Management New York $11.8B AUM 20.29% 1-Year Est. Return

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

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

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

FTCM

Fir Tree Capital Management New York $21.8M AUM 1.61% 1-Year Est. Return

BIT

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

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

FPA

First Pacific Advisors El Segundo, California $7.14B AUM 21.51% 1-Year Est. Return

Elm Ridge Management's IPG Position: Q1 2015 in Review

Elm Ridge Management sold out of Interpublic Group of Companies (IPG) in Q1 2015, closing a stake of 899,547 shares — an estimated $18.7M sold.

Elm Ridge Management first reported a position in IPG in Q4 2013 and held it in 5 quarters. The position peaked at $26.4M in Q2 2014. 388 funds tracked by Wall St. Rank hold IPG as of Q1 2015.

Elm Ridge Management reported no remaining Interpublic Group of Companies position as of Q1 2015 after selling out during the quarter.
Elm Ridge Management sold 899,547 Interpublic Group of Companies shares in Q1 2015, an estimated $18.7M.
Elm Ridge Management first reported a position in Interpublic Group of Companies in Q4 2013 and held it in 5 quarters.
Elm Ridge Management's Interpublic Group of Companies position peaked at $26.4M in Q2 2014.
388 funds tracked by Wall St. Rank held Interpublic Group of Companies as of Q1 2015.

Based on Elm Ridge Management's 13F filing for Q1 2015, filed 15 May 2015.