Highfields Capital Management’s Paramount Global Class B PARA Stock Holding History

Highfields Capital Management’s Portfolio PARA Stock Details PARA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-4,183,030	Closed	-$266M	–	84
2016 Q4	$266M	Buy	4,183,030 +256,657	+7%	+$15.2M	2.21%	15
2016 Q3	$215M	Sell	3,926,373 -1,312,510	-25%	-$69.6M	2.01%	17
2016 Q2	$285M	Sell	5,238,883 -3,058,180	-37%	-$166M	2.48%	15
2016 Q1	$457M	Sell	8,297,063 -2,588,756	-24%	-$126M	4.27%	6
2015 Q4	$513M	Sell	10,885,819 -7,400,000	-40%	-$347M	4.42%	6
2015 Q3	$730M	Buy	18,285,819 +8,683,558	+90%	+$421M	6.44%	2
2015 Q2	$533M	Hold	9,602,261	–	–	4.79%	6
2015 Q1	$582M	Hold	9,602,261	–	–	5.19%	6
2014 Q4	$531M	Buy	9,602,261 +7,750,000	+418%	+$413M	4.52%	5
2014 Q3	$99.1M	Buy	1,852,261 +852,261	+85%	+$50.2M	0.77%	35
2014 Q2	$62.1M	Buy	+1,000,000	New	+$59.5M	0.46%	53
2013 Q4	–	Sell	-2,603,941	Closed	-$144M	–	96
2013 Q3	$144M	Hold	2,603,941	–	–	1.13%	28
2013 Q2	$127M	Buy	+2,603,941	New	+$119M	1.05%	28

Other funds holding PARA

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

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

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

Citadel Advisors Miami, Florida $875B AUM 40.91% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

GCM

Glenview Capital Management New York $5.49B AUM 46.89% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $302B AUM 26.44% 1-Year Est. Return

TCIM

TIAA CREF Investment Management New York $141B AUM 14.18% 1-Year Est. Return

Highfields Capital Management's PARA Position: Q1 2017 in Review

Highfields Capital Management sold out of Paramount Global Class B (PARA) in Q1 2017, closing a stake of 4,183,030 shares — an estimated $266M sold.

Highfields Capital Management first reported a position in PARA in Q2 2013 and held it in 13 quarters. The position peaked at $730M in Q3 2015. 738 funds tracked by Wall St. Rank hold PARA as of Q1 2017.

Highfields Capital Management reported no remaining Paramount Global Class B position as of Q1 2017 after selling out during the quarter.
Highfields Capital Management sold 4,183,030 Paramount Global Class B shares in Q1 2017, an estimated $266M.
Highfields Capital Management first reported a position in Paramount Global Class B in Q2 2013 and held it in 13 quarters.
Highfields Capital Management's Paramount Global Class B position peaked at $730M in Q3 2015.
738 funds tracked by Wall St. Rank held Paramount Global Class B as of Q1 2017.

Based on Highfields Capital Management's 13F filing for Q1 2017, filed 15 May 2017.