Highfields Capital Management’s Capital One COF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-500,000	Closed	-$38.3M	–	72
2013 Q4	$38.3M	Hold	500,000	–	–	0.31%	51
2013 Q3	$34.4M	Sell	500,000 -500,000	-50%	-$34.4M	0.27%	53
2013 Q2	$62.8M	Buy	+1,000,000	New	+$62.8M	0.52%	47