Herndon Capital Management’s NewMarket NEU Stock Holding History

Herndon Capital Management’s Portfolio NEU Stock Details NEU Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q2	$9.16M	Sell	19,898 -16,875	-46%	-$7.78M	1.39%	41
2017 Q1	$16.7M	Sell	36,773 -5,713	-13%	-$2.5M	2.43%	21
2016 Q4	$18M	Sell	42,486 -77,738	-65%	-$32.1M	2.38%	21
2016 Q3	$51.6M	Sell	120,224 -43,346	-26%	-$18.5M	2.58%	19
2016 Q2	$67.8M	Sell	163,570 -83,760	-34%	-$33.8M	2.6%	14
2016 Q1	$98M	Sell	247,330 -41,118	-14%	-$15.1M	2.46%	18
2015 Q4	$110M	Sell	288,448 -29,134	-9%	-$11.3M	2.32%	24
2015 Q3	$113M	Sell	317,582 -27,742	-8%	-$11.2M	2.21%	22
2015 Q2	$153M	Sell	345,324 -34,773	-9%	-$16M	2.55%	16
2015 Q1	$182M	Sell	380,097 -49,025	-11%	-$22.1M	2.71%	13
2014 Q4	$173M	Sell	429,122 -7,600	-2%	-$2.93M	2.36%	18
2014 Q3	$164M	Sell	436,722 -16,903	-4%	-$6.7M	2.16%	18
2014 Q2	$175M	Sell	453,625 -14,774	-3%	-$5.69M	2.19%	20
2014 Q1	$180M	Sell	468,399 -1,955	-0.4%	-$693K	2.3%	17
2013 Q4	$154M	Sell	470,354 -30,864	-6%	-$9.71M	1.95%	24
2013 Q3	$144M	Buy	501,218 +35,111	+8%	+$9.75M	1.9%	35
2013 Q2	$122M	Buy	+466,107	New	+$126M	1.82%	30

Other funds holding NEU

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

LCOV

London Company of Virginia Richmond, Virginia $16.2B AUM 17.5% 1-Year Est. Return

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

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

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

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Neuberger Berman Group New York $131B AUM 28.36% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Herndon Capital Management's NEU Position: Q2 2017 in Review

Herndon Capital Management reduced its NewMarket (NEU) stake by 46% in Q2 2017, selling an estimated $7.78M and leaving 19,898 shares worth $9.16M. The position accounts for 1.39% of the portfolio, ranked #41.

Herndon Capital Management first reported a position in NEU in Q2 2013 and has held it in 17 quarters since. The position peaked at $182M in Q1 2015. 251 funds tracked by Wall St. Rank hold NEU as of Q2 2017.

Herndon Capital Management held 19,898 shares of NewMarket worth $9.16M as of Q2 2017.
Herndon Capital Management sold 16,875 NewMarket shares in Q2 2017, an estimated $7.78M.
NewMarket made up 1.39% of Herndon Capital Management's portfolio in Q2 2017, its #41 holding.
Herndon Capital Management first reported a position in NewMarket in Q2 2013 and has held it in 17 quarters since.
Herndon Capital Management's NewMarket position peaked at $182M in Q1 2015.
251 funds tracked by Wall St. Rank held NewMarket as of Q2 2017.

Based on Herndon Capital Management's 13F filing for Q2 2017, filed 4 Aug 2017.