Gratia Capital’s Forest City Realty Trust, Inc. FCE.A Stock Holding History

Gratia Capital’s Portfolio FCE.A Stock Details FCE.A Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-212,116	Closed	-$4.73M	–	49
2016 Q2	$4.73M	Sell	212,116 -675,893	-76%	-$14.7M	1.57%	21
2016 Q1	$18.7M	Sell	888,009 -487,618	-35%	-$9.57M	6.78%	6
2015 Q4	$30.2M	Sell	1,375,627 -122,372	-8%	-$2.67M	5.53%	4
2015 Q3	$30.2M	Buy	1,497,999 +898,469	+150%	+$19.8M	5.22%	2
2015 Q2	$13.3M	Buy	599,530 +249,093	+71%	+$5.9M	3.51%	6
2015 Q1	$8.94M	Buy	350,437 +253,993	+263%	+$6.23M	3.28%	10
2014 Q4	$2.05M	Hold	96,444	–	–	1.1%	30
2014 Q3	$1.89M	Buy	+96,444	New	+$1.93M	0.92%	38

Other funds holding FCE.A

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

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

SCM

Scopia Capital Management New York $146M AUM 25.93% 1-Year Est. Return

CI Investments Inc Toronto, Ontario, Canada $20.6B AUM 29.22% 1-Year Est. Return

BIT

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

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

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

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

Eminence Capital New York $4.36B AUM 3.1% 1-Year Est. Return

TAM

Third Avenue Management New York $616M AUM 45.6% 1-Year Est. Return

Gratia Capital's FCE.A Position: Q3 2016 in Review

Gratia Capital sold out of Forest City Realty Trust, Inc. (FCE.A) in Q3 2016, closing a stake of 212,116 shares — an estimated $4.73M sold.

Gratia Capital first reported a position in FCE.A in Q3 2014 and held it in 8 quarters. The position peaked at $30.2M in Q4 2015. 239 funds tracked by Wall St. Rank hold FCE.A as of Q3 2016.

Gratia Capital reported no remaining Forest City Realty Trust, Inc. position as of Q3 2016 after selling out during the quarter.
Gratia Capital sold 212,116 Forest City Realty Trust, Inc. shares in Q3 2016, an estimated $4.73M.
Gratia Capital first reported a position in Forest City Realty Trust, Inc. in Q3 2014 and held it in 8 quarters.
Gratia Capital's Forest City Realty Trust, Inc. position peaked at $30.2M in Q4 2015.
239 funds tracked by Wall St. Rank held Forest City Realty Trust, Inc. as of Q3 2016.

Based on Gratia Capital's 13F filing for Q3 2016, filed 14 Nov 2016.