First Quadrant’s Hilton Grand Vacations HGV Stock Holding History

First Quadrant’s Portfolio HGV Stock Details HGV Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-646,643	Closed	-$22.4M	–	860
2018 Q2	$22.4M	Buy	646,643 +179,192	+38%	+$7.25M	0.42%	82
2018 Q1	$20.1M	Buy	467,451 +88,208	+23%	+$3.86M	0.38%	92
2017 Q4	$15.9M	Buy	379,243 +112,308	+42%	+$4.57M	0.3%	121
2017 Q3	$10.3M	Buy	266,935 +186,214	+231%	+$6.74M	0.2%	167
2017 Q2	$2.91M	Buy	+80,721	New	+$2.78M	0.06%	286

Other funds holding HGV

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

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

William Blair Investment Management Chicago, Illinois $30.3B AUM 33.75% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

HCM

Highfields Capital Management Boston, Massachusetts $68.3M AUM 21.64% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

GCM

Gates Capital Management New York $3.66B AUM 12.63% 1-Year Est. Return

First Quadrant's HGV Position: Q3 2018 in Review

First Quadrant sold out of Hilton Grand Vacations (HGV) in Q3 2018, closing a stake of 646,643 shares — an estimated $22.4M sold.

First Quadrant first reported a position in HGV in Q2 2017 and held it in 5 quarters. The position peaked at $22.4M in Q2 2018. 230 funds tracked by Wall St. Rank hold HGV as of Q3 2018.

First Quadrant reported no remaining Hilton Grand Vacations position as of Q3 2018 after selling out during the quarter.
First Quadrant sold 646,643 Hilton Grand Vacations shares in Q3 2018, an estimated $22.4M.
First Quadrant first reported a position in Hilton Grand Vacations in Q2 2017 and held it in 5 quarters.
First Quadrant's Hilton Grand Vacations position peaked at $22.4M in Q2 2018.
230 funds tracked by Wall St. Rank held Hilton Grand Vacations as of Q3 2018.

Based on First Quadrant's 13F filing for Q3 2018, filed 23 Oct 2018.