Highfields Capital Management’s VEREIT, Inc. VER Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-1,303,000	Closed	-$48.5M	–	62
2018 Q2	$48.5M	Sell	1,303,000 -1,840,000	-59%	-$64.6M	0.53%	35
2018 Q1	$109M	Sell	3,143,000 -400,000	-11%	-$14.2M	0.99%	29
2017 Q4	$138M	Buy	3,543,000 +2,000	+0.1%	+$80.2K	1.15%	29
2017 Q3	$147M	Buy	3,541,000 +240,000	+7%	+$10.1M	1.26%	25
2017 Q2	$134M	Buy	3,301,000 +1,400,000	+74%	+$57.9M	0.99%	28
2017 Q1	$80.7M	Hold	1,901,000	–	–	0.75%	33
2016 Q4	$80.4M	Hold	1,901,000	–	–	0.67%	39
2016 Q3	$98.6M	Sell	1,901,000 -400,000	-17%	-$20.8M	0.92%	31
2016 Q2	$117M	Hold	2,301,000	–	–	1.02%	31
2016 Q1	$102M	Buy	2,301,000 +1,000,000	+77%	+$39.7M	0.95%	32
2015 Q4	$51.5M	Hold	1,301,000	–	–	0.44%	41
2015 Q3	$50.2M	Hold	1,301,000	–	–	0.44%	45
2015 Q2	$52.9M	Buy	1,301,000 +663,000	+104%	+$29.9M	0.48%	39
2015 Q1	$31.4M	Buy	+638,000	New	+$30.5M	0.28%	46

Other funds holding VER

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

Cohen & Steers New York $63.2B AUM 17.15% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

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

LSV Asset Management Chicago, Illinois $55.1B AUM 45.38% 1-Year Est. Return

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

PGGM Investments Zeist, Netherlands $4.06B AUM 24.91% 1-Year Est. Return

CIM

Centersquare Investment Management Conshohocken, Pennsylvania $11.7B AUM 20.39% 1-Year Est. Return

Daiwa Securities Group Tokyo, Japan $51.1B AUM 35.55% 1-Year Est. Return

Highfields Capital Management's VER Position: Q3 2018 in Review

Highfields Capital Management sold out of VEREIT, Inc. (VER) in Q3 2018, closing a stake of 1,303,000 shares — an estimated $48.5M sold.

Highfields Capital Management first reported a position in VER in Q1 2015 and held it in 14 quarters. The position peaked at $147M in Q3 2017. 372 funds tracked by Wall St. Rank hold VER as of Q3 2018.

Highfields Capital Management reported no remaining VEREIT, Inc. position as of Q3 2018 after selling out during the quarter.
Highfields Capital Management sold 1,303,000 VEREIT, Inc. shares in Q3 2018, an estimated $48.5M.
Highfields Capital Management first reported a position in VEREIT, Inc. in Q1 2015 and held it in 14 quarters.
Highfields Capital Management's VEREIT, Inc. position peaked at $147M in Q3 2017.
372 funds tracked by Wall St. Rank held VEREIT, Inc. as of Q3 2018.

Based on Highfields Capital Management's 13F filing for Q3 2018, filed 14 Nov 2018.