FTCM
HES

Fir Tree Capital Management’s Hess HES Stock Holding History

Fir Tree Capital Management’s Portfolio HES Stock Details HES Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2013
Q3 		– Sell
-500,000
Closed -$33.2M – 109
2013
Q2 		$33.2M Buy
+500,000
New +$34.6M 0.46% 40

Other funds holding HES

EM
Elliott Management New York $11.8B AUM 20.29% 1-Year Est. Return
Wellington Management Group
Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
Hotchkis & Wiley Capital Management
Hotchkis & Wiley Capital Management Los Angeles, California $32.4B AUM 17.21% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
T. Rowe Price Associates
T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
BIT
BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return
AllianceBernstein
AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Fir Tree Capital Management's HES Position: Q1 2016 in Review

Fir Tree Capital Management sold out of Hess (HES) in Q1 2016, closing a stake of 2,902,853 shares — an estimated $141M sold.

Fir Tree Capital Management first reported a position in HES in Q2 2013 and held it in 11 quarters. The position peaked at $327M in Q1 2014. 556 funds tracked by Wall St. Rank hold HES as of Q1 2016.

  • Fir Tree Capital Management reported no remaining Hess position as of Q1 2016 after selling out during the quarter.
  • Fir Tree Capital Management sold 2,902,853 Hess shares in Q1 2016, an estimated $141M.
  • Fir Tree Capital Management first reported a position in Hess in Q2 2013 and held it in 11 quarters.
  • Fir Tree Capital Management's Hess position peaked at $327M in Q1 2014.
  • 556 funds tracked by Wall St. Rank held Hess as of Q1 2016.

Based on Fir Tree Capital Management's 13F filing for Q1 2016, filed 16 May 2016.