Highfields Capital Management’s Vanguard FTSE Emerging Markets ETF VWO Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-840,000	Closed	-$34.3M	–	86
2015 Q2	$34.3M	Hold	840,000	–	–	0.31%	48
2015 Q1	$34.3M	Hold	840,000	–	–	0.31%	44
2014 Q4	$33.6M	Hold	840,000	–	–	0.29%	47
2014 Q3	$35M	Hold	840,000	–	–	0.27%	58
2014 Q2	$36.2M	Hold	840,000	–	–	0.27%	67
2014 Q1	$34.1M	Hold	840,000	–	–	0.29%	56
2013 Q4	$34.6M	Hold	840,000	–	–	0.28%	58
2013 Q3	$33.7M	Hold	840,000	–	–	0.27%	59
2013 Q2	$32.6M	Buy	+840,000	New	+$35.2M	0.27%	65

Other funds holding VWO

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Bridgewater Associates Westport, Connecticut $24.4B AUM 40.93% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

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

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

WIM

Windhaven Investment Management Boston, Massachusetts $7.79B AUM 7.81% 1-Year Est. Return

PNC Financial Services Group Pittsburgh, Pennsylvania $202B AUM 37.79% 1-Year Est. Return

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $128B AUM 35.83% 1-Year Est. Return

Highfields Capital Management's VWO Position: Q3 2015 in Review

Highfields Capital Management sold out of Vanguard FTSE Emerging Markets ETF (VWO) in Q3 2015, closing a stake of 840,000 shares — an estimated $34.3M sold.

Highfields Capital Management first reported a position in VWO in Q2 2013 and held it in 9 quarters. The position peaked at $36.2M in Q2 2014. 829 funds tracked by Wall St. Rank hold VWO as of Q3 2015.

Highfields Capital Management reported no remaining Vanguard FTSE Emerging Markets ETF position as of Q3 2015 after selling out during the quarter.
Highfields Capital Management sold 840,000 Vanguard FTSE Emerging Markets ETF shares in Q3 2015, an estimated $34.3M.
Highfields Capital Management first reported a position in Vanguard FTSE Emerging Markets ETF in Q2 2013 and held it in 9 quarters.
Highfields Capital Management's Vanguard FTSE Emerging Markets ETF position peaked at $36.2M in Q2 2014.
829 funds tracked by Wall St. Rank held Vanguard FTSE Emerging Markets ETF as of Q3 2015.

Based on Highfields Capital Management's 13F filing for Q3 2015, filed 10 Nov 2015.