Highfields Capital Management’s Anadarko Petroleum APC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-29,621	Closed	-$2.06M	–	89
2016 Q4	$2.06M	Sell	29,621 -2,690,343	-99%	-$175M	0.02%	67
2016 Q3	$172M	Buy	2,719,964 +1,639,376	+152%	+$91.4M	1.61%	20
2016 Q2	$57.5M	Hold	1,080,588	–	–	0.5%	45
2016 Q1	$50.3M	Sell	1,080,588 -2,685,178	-71%	-$109M	0.47%	39
2015 Q4	$183M	Sell	3,765,766 -658,000	-15%	-$40.3M	1.58%	22
2015 Q3	$267M	Sell	4,423,766 -241,000	-5%	-$17.1M	2.36%	12
2015 Q2	$364M	Hold	4,664,766	–	–	3.27%	8
2015 Q1	$386M	Buy	4,664,766 +655,000	+16%	+$53.6M	3.44%	9
2014 Q4	$331M	Buy	4,009,766 +3,030,000	+309%	+$264M	2.81%	11
2014 Q3	$99.4M	Sell	979,766 -1,050,000	-52%	-$113M	0.77%	34
2014 Q2	$222M	Sell	2,029,766 -650,000	-24%	-$66.2M	1.63%	20
2014 Q1	$227M	Sell	2,679,766 -971,200	-27%	-$79.6M	1.9%	16
2013 Q4	$290M	Sell	3,650,966 -250,000	-6%	-$22.4M	2.35%	10
2013 Q3	$363M	Sell	3,900,966 -724,000	-16%	-$65.9M	2.87%	8
2013 Q2	$397M	Buy	+4,624,966	New	+$398M	3.29%	8