Immersion Capital’s Just Eat Takeaway.com N.V. American Depositary Shares GRUB Stock Holding History

Immersion Capital’s Portfolio GRUB Stock Details GRUB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-1,085,606	Closed	-$220M	–	3
2018 Q1	$220M	Hold	1,085,606	–	–	73.78%	1
2017 Q4	$156M	Hold	1,085,606	–	–	54.69%	1
2017 Q3	$114M	Hold	1,085,606	–	–	48.31%	1
2017 Q2	$94.7M	Hold	1,085,606	–	–	38.63%	1
2017 Q1	$71.4M	Buy	1,085,606 +100,000	+10%	+$7.38M	28.22%	1
2016 Q4	$74.2M	Hold	985,606	–	–	27.46%	1
2016 Q3	$84.7M	Hold	985,606	–	–	35.49%	1
2016 Q2	$61.2M	Hold	985,606	–	–	23.65%	2
2016 Q1	$49.5M	Buy	985,606 +18,774	+2%	+$830K	27.79%	2
2015 Q4	$46.8M	Buy	+966,832	New	+$50.5M	19.31%	2

Other funds holding GRUB

CIA

Caledonia Investments (Australia) Sydney NSW, Australia $3.44B AUM 20.03% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

PCM

PAR Capital Management Boston, Massachusetts $3.45B AUM 28.5% 1-Year Est. Return

Pelham Capital London, United Kingdom $128M AUM 34.73% 1-Year Est. Return

LPU

Lansdowne Partners (UK) London, United Kingdom $1.87B AUM 61.55% 1-Year Est. Return

Carmignac Gestion Paris, France $6.51B AUM 19.13% 1-Year Est. Return

Immersion Capital's GRUB Position: Q2 2018 in Review

Immersion Capital sold out of Just Eat Takeaway.com N.V. American Depositary Shares (GRUB) in Q2 2018, closing a stake of 1,085,606 shares — an estimated $220M sold.

Immersion Capital first reported a position in GRUB in Q4 2015 and held it in 10 quarters. The position peaked at $220M in Q1 2018. 352 funds tracked by Wall St. Rank hold GRUB as of Q2 2018.

Immersion Capital reported no remaining Just Eat Takeaway.com N.V. American Depositary Shares position as of Q2 2018 after selling out during the quarter.
Immersion Capital sold 1,085,606 Just Eat Takeaway.com N.V. American Depositary Shares shares in Q2 2018, an estimated $220M.
Immersion Capital first reported a position in Just Eat Takeaway.com N.V. American Depositary Shares in Q4 2015 and held it in 10 quarters.
Immersion Capital's Just Eat Takeaway.com N.V. American Depositary Shares position peaked at $220M in Q1 2018.
352 funds tracked by Wall St. Rank held Just Eat Takeaway.com N.V. American Depositary Shares as of Q2 2018.

Based on Immersion Capital's 13F filing for Q2 2018, filed 14 Aug 2018.