Elm Ridge Management’s Ultra Petroleum Corp. Common Stock UPL Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-1,805,961	Closed	-$4.51M	–	37
2015 Q4	$4.51M	Buy	1,805,961 +201,013	+13%	+$936K	0.87%	29
2015 Q3	$10.3M	Buy	1,604,948 +662,011	+70%	+$5.24M	1.49%	26
2015 Q2	$11.8M	Buy	942,937 +14,657	+2%	+$223K	1.47%	27
2015 Q1	$14.5M	Sell	928,280 -58,316	-6%	-$847K	1.51%	23
2014 Q4	$13M	Buy	986,596 +496,501	+101%	+$10M	1.24%	31
2014 Q3	$11.4M	Buy	+490,095	New	+$12.3M	1.13%	32

Other funds holding UPL

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

DGI

Disciplined Growth Investors Minneapolis, Minnesota $4.89B AUM 33.85% 1-Year Est. Return

CI Investments Inc Toronto, Ontario, Canada $20.6B AUM 29.22% 1-Year Est. Return

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

AQR Capital Management Greenwich, Connecticut $218B AUM 29.41% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

BIT

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

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

First Manhattan New York $36.1B AUM 11.5% 1-Year Est. Return

Group One Trading Chicago, Illinois $52.2B AUM 104.56% 1-Year Est. Return

Elm Ridge Management's UPL Position: Q1 2016 in Review

Elm Ridge Management sold out of Ultra Petroleum Corp. Common Stock (UPL) in Q1 2016, closing a stake of 1,805,961 shares — an estimated $4.51M sold.

Elm Ridge Management first reported a position in UPL in Q3 2014 and held it in 6 quarters. The position peaked at $14.5M in Q1 2015. 141 funds tracked by Wall St. Rank hold UPL as of Q1 2016.

Elm Ridge Management reported no remaining Ultra Petroleum Corp. Common Stock position as of Q1 2016 after selling out during the quarter.
Elm Ridge Management sold 1,805,961 Ultra Petroleum Corp. Common Stock shares in Q1 2016, an estimated $4.51M.
Elm Ridge Management first reported a position in Ultra Petroleum Corp. Common Stock in Q3 2014 and held it in 6 quarters.
Elm Ridge Management's Ultra Petroleum Corp. Common Stock position peaked at $14.5M in Q1 2015.
141 funds tracked by Wall St. Rank held Ultra Petroleum Corp. Common Stock as of Q1 2016.

Based on Elm Ridge Management's 13F filing for Q1 2016, filed 16 May 2016.