First Foundation Advisors’s Telefonica TEF Stock Holding History

First Foundation Advisors’s Portfolio TEF Stock Details TEF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-159,409	Closed	-$1.45M	–	312
2015 Q3	$1.45M	Sell	159,409 -821,777	-84%	-$8.75M	0.12%	99
2015 Q2	$10.5M	Buy	981,186 +3,794	+0.4%	+$41.8K	0.84%	43
2015 Q1	$10.6M	Buy	977,392 +136,623	+16%	+$1.5M	0.89%	40
2014 Q4	$9.02M	Sell	840,769 -27,780	-3%	-$311K	0.79%	45
2014 Q3	$9.8M	Buy	868,549 +73,523	+9%	+$863K	0.97%	38
2014 Q2	$10M	Buy	+795,026	New	+$9.66M	1.09%	36

Other funds holding TEF

Loomis, Sayles & Company Boston, Massachusetts $74.3B AUM 24.01% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Macquarie Group Sydney, NSW 2000, Australia $16.8B AUM 27.39% 1-Year Est. Return

NCA

New Century Advisors Chevy Chase, Maryland $82.1M AUM 3.88% 1-Year Est. Return

MIP

Mondrian Investment Partners London, United Kingdom $6.69B AUM

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Gabelli Funds Rye, New York $14.8B AUM 32.24% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

First Foundation Advisors's TEF Position: Q4 2015 in Review

First Foundation Advisors sold out of Telefonica (TEF) in Q4 2015, closing a stake of 159,409 shares — an estimated $1.45M sold.

First Foundation Advisors first reported a position in TEF in Q2 2014 and held it in 6 quarters. The position peaked at $10.6M in Q1 2015. 202 funds tracked by Wall St. Rank hold TEF as of Q4 2015.

First Foundation Advisors reported no remaining Telefonica position as of Q4 2015 after selling out during the quarter.
First Foundation Advisors sold 159,409 Telefonica shares in Q4 2015, an estimated $1.45M.
First Foundation Advisors first reported a position in Telefonica in Q2 2014 and held it in 6 quarters.
First Foundation Advisors's Telefonica position peaked at $10.6M in Q1 2015.
202 funds tracked by Wall St. Rank held Telefonica as of Q4 2015.

Based on First Foundation Advisors's 13F filing for Q4 2015, filed 16 Feb 2016.