Foundation Capital’s Azure Power Global Limited AZRE Stock Holding History

Foundation Capital’s Portfolio AZRE Stock Details AZRE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-502,603	Closed	-$7.27M	–	7
2018 Q2	$7.27M	Sell	502,603 -2,711,486	-84%	-$40.3M	3.93%	5
2018 Q1	$42.6M	Sell	3,214,089 -250,000	-7%	-$3.94M	23.94%	2
2017 Q4	$49.2M	Sell	3,464,089 -108,481	-3%	-$1.57M	14.27%	4
2017 Q3	$56.8M	Sell	3,572,570 -205,570	-5%	-$3.2M	14.74%	3
2017 Q2	$61.6M	Hold	3,778,140	–	–	16.16%	4
2017 Q1	$70.5M	Hold	3,778,140	–	–	18.98%	3
2016 Q4	$64.2M	Buy	+3,778,140	New	+$63.3M	16.92%	3

Other funds holding AZRE

Caisse de Depot et Placement du Quebec (CDPQ) Montreal, Quebec, Canada $70.2B AUM 30.95% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Handelsbanken Fonder Stockholm, Sweden $35.1B AUM 47.76% 1-Year Est. Return

Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return

PWPCM

Perella Weinberg Partners Capital Management New York $993M AUM 6.71% 1-Year Est. Return

Renaissance Technologies New York $72.6B AUM 54.88% 1-Year Est. Return

EIM

Essex Investment Management Boston, Massachusetts $763M AUM 108.51% 1-Year Est. Return

Two Sigma Investments New York $138B AUM 41.87% 1-Year Est. Return

Millennium Management New York $276B AUM 44.8% 1-Year Est. Return

UBS AM Chicago, Illinois $550B AUM 43.33% 1-Year Est. Return

Foundation Capital's AZRE Position: Q3 2018 in Review

Foundation Capital sold out of Azure Power Global Limited (AZRE) in Q3 2018, closing a stake of 502,603 shares — an estimated $7.27M sold.

Foundation Capital first reported a position in AZRE in Q4 2016 and held it in 7 quarters. The position peaked at $70.5M in Q1 2017. 15 funds tracked by Wall St. Rank hold AZRE as of Q3 2018.

Foundation Capital reported no remaining Azure Power Global Limited position as of Q3 2018 after selling out during the quarter.
Foundation Capital sold 502,603 Azure Power Global Limited shares in Q3 2018, an estimated $7.27M.
Foundation Capital first reported a position in Azure Power Global Limited in Q4 2016 and held it in 7 quarters.
Foundation Capital's Azure Power Global Limited position peaked at $70.5M in Q1 2017.
15 funds tracked by Wall St. Rank held Azure Power Global Limited as of Q3 2018.

Based on Foundation Capital's 13F filing for Q3 2018, filed 7 Nov 2018.