Itau USA Asset Management’s TIM SA TIMB Stock Holding History

Itau USA Asset Management’s Portfolio TIMB Stock Details TIMB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-160,779	Closed	-$1.52M	–	35
2015 Q3	$1.52M	Buy	+160,779	New	+$2.05M	0.46%	28
2015 Q1	–	Sell	-156,842	Closed	-$3.48M	–	56
2014 Q4	$3.48M	Sell	156,842 -10,400	-6%	-$247K	0.9%	24
2014 Q3	$4.38M	Buy	+167,242	New	+$4.52M	0.96%	26
2013 Q4	–	Sell	-74,800	Closed	-$1.76M	–	127
2013 Q3	$1.76M	Buy	+74,800	New	+$1.51M	0.45%	39

Other funds holding TIMB

BIP

Brandes Investment Partners La Jolla, California $14.1B AUM 25.52% 1-Year Est. Return

Elliott Management New York $11.8B AUM 20.29% 1-Year Est. Return

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

Macquarie Group Sydney, NSW 2000, Australia $16.8B AUM 27.39% 1-Year Est. Return

Paulson & Co New York $3.11B AUM 94.93% 1-Year Est. Return

Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada $155B AUM 29.93% 1-Year Est. Return

GTP

Global Thematic Partners New York $120M AUM 25.18% 1-Year Est. Return

BGIM

Boussard & Gavaudan Investment Management London, United Kingdom $1.06B AUM 4.58% 1-Year Est. Return

Asturias Capital New York $220M AUM 39.56% 1-Year Est. Return

EAM

Exane Asset Management Paris, France $277M AUM 26.27% 1-Year Est. Return

Itau USA Asset Management's TIMB Position: Q4 2015 in Review

Itau USA Asset Management sold out of TIM SA (TIMB) in Q4 2015, closing a stake of 160,779 shares — an estimated $1.52M sold.

Itau USA Asset Management first reported a position in TIMB in Q3 2013 and held it in 4 quarters. The position peaked at $4.38M in Q3 2014. 109 funds tracked by Wall St. Rank hold TIMB as of Q4 2015.

Itau USA Asset Management reported no remaining TIM SA position as of Q4 2015 after selling out during the quarter.
Itau USA Asset Management sold 160,779 TIM SA shares in Q4 2015, an estimated $1.52M.
Itau USA Asset Management first reported a position in TIM SA in Q3 2013 and held it in 4 quarters.
Itau USA Asset Management's TIM SA position peaked at $4.38M in Q3 2014.
109 funds tracked by Wall St. Rank held TIM SA as of Q4 2015.

Based on Itau USA Asset Management's 13F filing for Q4 2015, filed 16 Feb 2016.