First Quadrant’s American Railcar Industries, Inc. ARII Stock Holding History

First Quadrant’s Portfolio ARII Stock Details ARII Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-400	Closed	-$19K	–	838
2015 Q2	$19K	Hold	400	–	–	﹤0.01%	741
2015 Q1	$20K	Hold	400	–	–	﹤0.01%	707
2014 Q4	$21K	Hold	400	–	–	﹤0.01%	712
2014 Q3	$30K	Hold	400	–	–	﹤0.01%	722
2014 Q2	$27K	Hold	400	–	–	﹤0.01%	741
2014 Q1	$28K	Hold	400	–	–	﹤0.01%	678
2013 Q4	$18K	Hold	400	–	–	﹤0.01%	729
2013 Q3	$16K	Hold	400	–	–	﹤0.01%	741
2013 Q2	$13K	Buy	+400	New	+$14.4K	﹤0.01%	751

Other funds holding ARII

Icahn Carl Sunny Isles Beach, Florida $8.55B AUM 29.29% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

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

Comerica Bank Dallas, Texas $25.1B AUM 24.68% 1-Year Est. Return

LSV Asset Management Chicago, Illinois $46.4B AUM 27.74% 1-Year Est. Return

Allianz Asset Management Munich, Germany $95.4B AUM 38.74% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Royce & Associates New York $10.1B AUM 42.88% 1-Year Est. Return

BIT

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

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

First Quadrant's ARII Position: Q3 2015 in Review

First Quadrant sold out of American Railcar Industries, Inc. (ARII) in Q3 2015, closing a stake of 400 shares — an estimated $19K sold.

First Quadrant first reported a position in ARII in Q2 2013 and held it in 9 quarters. The position peaked at $30K in Q3 2014. 112 funds tracked by Wall St. Rank hold ARII as of Q3 2015.

First Quadrant reported no remaining American Railcar Industries, Inc. position as of Q3 2015 after selling out during the quarter.
First Quadrant sold 400 American Railcar Industries, Inc. shares in Q3 2015, an estimated $19K.
First Quadrant first reported a position in American Railcar Industries, Inc. in Q2 2013 and held it in 9 quarters.
First Quadrant's American Railcar Industries, Inc. position peaked at $30K in Q3 2014.
112 funds tracked by Wall St. Rank held American Railcar Industries, Inc. as of Q3 2015.

Based on First Quadrant's 13F filing for Q3 2015, filed 28 Oct 2015.