Highfields Capital Management’s Ralph Lauren RL Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-382,308	Closed	-$70.8M	–	74
2014 Q4	$70.8M	Sell	382,308 -192,592	-34%	-$35.7M	0.6%	34
2014 Q3	$94.7M	Hold	574,900	–	–	0.74%	36
2014 Q2	$92.4M	Buy	574,900 +418,900	+269%	+$67.3M	0.68%	40
2014 Q1	$25.1M	Buy	+156,000	New	+$25.1M	0.21%	51