Fir Tree Capital Management’s Interpublic Group of Companies IPG Stock Holding History

Fir Tree Capital Management’s Portfolio IPG Stock Details IPG Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-5,871,286	Closed	-$131M	–	65
2016 Q3	$131M	Sell	5,871,286 -500,000	-8%	-$11.5M	5.62%	6
2016 Q2	$147M	Sell	6,371,286 -676,527	-10%	-$15.9M	6.02%	6
2016 Q1	$162M	Sell	7,047,813 -6,664,624	-49%	-$144M	6.12%	7
2015 Q4	$319M	Sell	13,712,437 -7,721,937	-36%	-$173M	5.67%	5
2015 Q3	$410M	Buy	21,434,374 +503,675	+2%	+$10.1M	6.87%	2
2015 Q2	$403M	Buy	20,930,699 +7,129,860	+52%	+$148M	6.42%	3
2015 Q1	$305M	Sell	13,800,839 -1,434,161	-9%	-$30.4M	4.36%	5
2014 Q4	$316M	Buy	15,235,000 +3,985,000	+35%	+$76.6M	3.3%	6
2014 Q3	$206M	Buy	+11,250,000	New	+$218M	2.31%	19

Other funds holding IPG

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

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

Boston Partners Boston, Massachusetts $113B AUM 38.87% 1-Year Est. Return

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

Massachusetts Financial Services Boston, Massachusetts $315B AUM 27.84% 1-Year Est. Return

BIT

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

Harris Associates Chicago, Illinois $75.4B AUM 14.46% 1-Year Est. Return

Pzena Investment Management New York $34.1B AUM 23.81% 1-Year Est. Return

VOYA Investment Management Atlanta, Georgia $116B AUM 61.47% 1-Year Est. Return

Ariel Investments Chicago, Illinois $10B AUM 42.59% 1-Year Est. Return

Fir Tree Capital Management's IPG Position: Q4 2016 in Review

Fir Tree Capital Management sold out of Interpublic Group of Companies (IPG) in Q4 2016, closing a stake of 5,871,286 shares — an estimated $131M sold.

Fir Tree Capital Management first reported a position in IPG in Q3 2014 and held it in 9 quarters. The position peaked at $410M in Q3 2015. 474 funds tracked by Wall St. Rank hold IPG as of Q4 2016.

Fir Tree Capital Management reported no remaining Interpublic Group of Companies position as of Q4 2016 after selling out during the quarter.
Fir Tree Capital Management sold 5,871,286 Interpublic Group of Companies shares in Q4 2016, an estimated $131M.
Fir Tree Capital Management first reported a position in Interpublic Group of Companies in Q3 2014 and held it in 9 quarters.
Fir Tree Capital Management's Interpublic Group of Companies position peaked at $410M in Q3 2015.
474 funds tracked by Wall St. Rank held Interpublic Group of Companies as of Q4 2016.

Based on Fir Tree Capital Management's 13F filing for Q4 2016, filed 14 Feb 2017.