Herring Creek Capital Management’s Assured Guaranty AGO Stock Holding History

Herring Creek Capital Management’s Portfolio AGO Stock Details AGO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-436,912	Closed	-$11.5M	–	1
2015 Q4	$11.5M	Sell	436,912 -328,524	-43%	-$8.81M	3.11%	16
2015 Q3	$19.1M	Sell	765,436 -124,764	-14%	-$3.14M	5.24%	5
2015 Q2	$21.4M	Sell	890,200 -25,796	-3%	-$718K	5.51%	7
2015 Q1	$24.2M	Sell	915,996 -585,247	-39%	-$15.1M	5.75%	4
2014 Q4	$39M	Sell	1,501,243 -67,268	-4%	-$1.62M	7.87%	1
2014 Q3	$34.8M	Buy	1,568,511 +156,863	+11%	+$3.65M	6.4%	4
2014 Q2	$34.6M	Buy	1,411,648 +334,781	+31%	+$8.3M	6.75%	3
2014 Q1	$27.3M	Buy	1,076,867 +245,447	+30%	+$5.8M	5.99%	4
2013 Q4	$19.6M	Buy	+831,420	New	+$18.1M	4.51%	9

Other funds holding AGO

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

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

OppenheimerFunds New York $80.4B AUM 15.1% 1-Year Est. Return

AJO LP Philadelphia, Pennsylvania $199M AUM 109.68% 1-Year Est. Return

Putnam Investments Boston, Massachusetts $75.7B AUM 34.45% 1-Year Est. Return

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

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

BIT

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

Thrivent Financial for Lutherans Minneapolis, Minnesota $52.5B AUM 27.12% 1-Year Est. Return

FCP

Fine Capital Partners New York $563M AUM 7.48% 1-Year Est. Return

Herring Creek Capital Management's AGO Position: Q1 2016 in Review

Herring Creek Capital Management sold out of Assured Guaranty (AGO) in Q1 2016, closing a stake of 436,912 shares — an estimated $11.5M sold.

Herring Creek Capital Management first reported a position in AGO in Q4 2013 and held it in 9 quarters. The position peaked at $39M in Q4 2014. 260 funds tracked by Wall St. Rank hold AGO as of Q1 2016.

Herring Creek Capital Management reported no remaining Assured Guaranty position as of Q1 2016 after selling out during the quarter.
Herring Creek Capital Management sold 436,912 Assured Guaranty shares in Q1 2016, an estimated $11.5M.
Herring Creek Capital Management first reported a position in Assured Guaranty in Q4 2013 and held it in 9 quarters.
Herring Creek Capital Management's Assured Guaranty position peaked at $39M in Q4 2014.
260 funds tracked by Wall St. Rank held Assured Guaranty as of Q1 2016.

Based on Herring Creek Capital Management's 13F filing for Q1 2016.