Fiduciary Management Associates’s H&E Equipment Services HEES Stock Holding History

Fiduciary Management Associates’s Portfolio HEES Stock Details HEES Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-437,110	Closed	-$17.6M	–	127
2014 Q3	$17.6M	Sell	437,110 -10,430	-2%	-$406K	1.25%	39
2014 Q2	$16.3M	Buy	447,540 +34,170	+8%	+$1.25M	1.08%	59
2014 Q1	$16.7M	Sell	413,370 -146,650	-26%	-$4.87M	1.11%	52
2013 Q4	$16.6M	Sell	560,020 -8,580	-2%	-$235K	1.12%	56
2013 Q3	$15.1M	Buy	568,600 +21,520	+4%	+$512K	1.09%	54
2013 Q2	$11.5M	Buy	+547,080	New	+$11.4M	0.9%	82

Other funds holding HEES

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

Macquarie Group Sydney, NSW 2000, Australia $23.2B AUM 40.19% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

ClearBridge Investments New York $121B AUM 27.52% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $302B AUM 26.44% 1-Year Est. Return

NCGI

Next Century Growth Investors Plymouth, Minnesota $1.89B AUM 151.53% 1-Year Est. Return

GGHC

Gilder Gagnon Howe & Co New York $9.69B AUM 55.7% 1-Year Est. Return

CIP

Chartwell Investment Partners Berywn, Pennsylvania $2.91B AUM 40.48% 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

Fiduciary Management Associates's HEES Position: Q4 2014 in Review

Fiduciary Management Associates sold out of H&E Equipment Services (HEES) in Q4 2014, closing a stake of 437,110 shares — an estimated $17.6M sold.

Fiduciary Management Associates first reported a position in HEES in Q2 2013 and held it in 6 quarters. The position peaked at $17.6M in Q3 2014. 164 funds tracked by Wall St. Rank hold HEES as of Q4 2014.

Fiduciary Management Associates reported no remaining H&E Equipment Services position as of Q4 2014 after selling out during the quarter.
Fiduciary Management Associates sold 437,110 H&E Equipment Services shares in Q4 2014, an estimated $17.6M.
Fiduciary Management Associates first reported a position in H&E Equipment Services in Q2 2013 and held it in 6 quarters.
Fiduciary Management Associates's H&E Equipment Services position peaked at $17.6M in Q3 2014.
164 funds tracked by Wall St. Rank held H&E Equipment Services as of Q4 2014.

Based on Fiduciary Management Associates's 13F filing for Q4 2014, filed 4 Feb 2015.