Elm Ridge Management’s McDermott International MDR Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-544,725	Closed	-$15M	–	59
2013 Q4	$15M	Buy	544,725 +140,583	+35%	+$3.29M	1.83%	21
2013 Q3	$9.01M	Buy	404,142 +148,375	+58%	+$3.52M	0.98%	39
2013 Q2	$6.28M	Buy	+255,767	New	+$7.4M	0.74%	43

Other funds holding MDR

Artisan Partners Milwaukee, Wisconsin $62.3B AUM 26.25% 1-Year Est. Return

Fairpointe Capital Chicago, Illinois $66.3M AUM 101.32% 1-Year Est. Return

Greenlight Capital New York $2.05B AUM 78.75% 1-Year Est. Return

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

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

Neuberger Berman Group New York $131B AUM 28.36% 1-Year Est. Return

SCP

Seizert Capital Partners Birmingham, Michigan $2.17B AUM 11.2% 1-Year Est. Return

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

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

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

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

Elm Ridge Management sold out of McDermott International (MDR) in Q1 2014, closing a stake of 544,725 shares — an estimated $15M sold.

Elm Ridge Management first reported a position in MDR in Q2 2013 and held it in 3 quarters. The position peaked at $15M in Q4 2013. 257 funds tracked by Wall St. Rank hold MDR as of Q1 2014.

Elm Ridge Management reported no remaining McDermott International position as of Q1 2014 after selling out during the quarter.
Elm Ridge Management sold 544,725 McDermott International shares in Q1 2014, an estimated $15M.
Elm Ridge Management first reported a position in McDermott International in Q2 2013 and held it in 3 quarters.
Elm Ridge Management's McDermott International position peaked at $15M in Q4 2013.
257 funds tracked by Wall St. Rank held McDermott International as of Q1 2014.

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