Espalier Global Management’s H&R Block HRB Stock Holding History

Espalier Global Management’s Portfolio HRB Stock Details HRB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-158,500	Closed	-$5.28M	–	76
2015 Q4	$5.28M	Buy	158,500 +58,500	+59%	+$2.08M	1.35%	23
2015 Q3	$3.62M	Buy	+100,000	New	+$3.39M	0.58%	46
2015 Q1	–	Sell	-218,200	Closed	-$7.35M	–	88
2014 Q4	$7.35M	Sell	218,200 -6,800	-3%	-$218K	1.22%	20
2014 Q3	$6.98M	Sell	225,000 -125,000	-36%	-$4.08M	0.37%	65
2014 Q2	$11.7M	Sell	350,000 -25,000	-7%	-$744K	0.91%	29
2014 Q1	$11.3M	Buy	+375,000	New	+$11.3M	0.63%	35

Other funds holding HRB

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

Caisse de Depot et Placement du Quebec (CDPQ) Montreal, Quebec, Canada $70.2B AUM 30.95% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

First Manhattan New York $39.2B AUM 21.04% 1-Year Est. Return

BlackRock Group London, United Kingdom $210B AUM 15.5% 1-Year Est. Return

BIT

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

First Eagle Investment Management New York $60.8B AUM 26.63% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

Espalier Global Management's HRB Position: Q1 2016 in Review

Espalier Global Management sold out of H&R Block (HRB) in Q1 2016, closing a stake of 158,500 shares — an estimated $5.28M sold.

Espalier Global Management first reported a position in HRB in Q1 2014 and held it in 6 quarters. The position peaked at $11.7M in Q2 2014. 429 funds tracked by Wall St. Rank hold HRB as of Q1 2016.

Espalier Global Management reported no remaining H&R Block position as of Q1 2016 after selling out during the quarter.
Espalier Global Management sold 158,500 H&R Block shares in Q1 2016, an estimated $5.28M.
Espalier Global Management first reported a position in H&R Block in Q1 2014 and held it in 6 quarters.
Espalier Global Management's H&R Block position peaked at $11.7M in Q2 2014.
429 funds tracked by Wall St. Rank held H&R Block as of Q1 2016.

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