Forward Management’s CDK Global, Inc. CDK Stock Holding History

Forward Management’s Portfolio CDK Stock Details CDK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-499	Closed	-$28K	–	231
2016 Q2	$28K	Sell	499 -2,298	-82%	-$119K	﹤0.01%	196
2016 Q1	$130K	Sell	2,797 -96	-3%	-$4.27K	0.01%	218
2015 Q4	$137K	Sell	2,893 -41	-1%	-$1.99K	0.01%	237
2015 Q3	$140K	Hold	2,934	–	–	0.01%	242
2015 Q2	$158K	Sell	2,934 -433	-13%	-$22.2K	0.01%	291
2015 Q1	$157K	Sell	3,367 -8	-0.2%	-$365	0.01%	310
2014 Q4	$138K	Buy	+3,375	New	+$120K	0.01%	328

Other funds holding CDK

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

Elliott Management New York $11.8B AUM 20.29% 1-Year Est. Return

OAG

Orbis Allan Gray Hamilton, Bermuda $23.7B AUM 65.43% 1-Year Est. Return

BRC

Blue Ridge Capital New York $215M AUM

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

BFA

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

FTCM

Fir Tree Capital Management New York $21.8M AUM 1.61% 1-Year Est. Return

BIT

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

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

IAM

Iridian Asset Management Westport, Connecticut $247M AUM 20.65% 1-Year Est. Return

Forward Management's CDK Position: Q3 2016 in Review

Forward Management sold out of CDK Global, Inc. (CDK) in Q3 2016, closing a stake of 499 shares — an estimated $28K sold.

Forward Management first reported a position in CDK in Q4 2014 and held it in 7 quarters. The position peaked at $158K in Q2 2015. 547 funds tracked by Wall St. Rank hold CDK as of Q3 2016.

Forward Management reported no remaining CDK Global, Inc. position as of Q3 2016 after selling out during the quarter.
Forward Management sold 499 CDK Global, Inc. shares in Q3 2016, an estimated $28K.
Forward Management first reported a position in CDK Global, Inc. in Q4 2014 and held it in 7 quarters.
Forward Management's CDK Global, Inc. position peaked at $158K in Q2 2015.
547 funds tracked by Wall St. Rank held CDK Global, Inc. as of Q3 2016.

Based on Forward Management's 13F filing for Q3 2016, filed 4 Nov 2016.