Ivory Investment Management’s Polaris PII Stock Holding History

Ivory Investment Management’s Portfolio PII Stock Details PII Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-170,786	Closed	-$13.2M	–	78
2016 Q3	$13.2M	Buy	170,786 +310	+0.2%	+$26.9K	0.38%	61
2016 Q2	$13.9M	Sell	170,476 -2,853	-2%	-$253K	0.39%	56
2016 Q1	$17.1M	Sell	173,329 -5,345	-3%	-$464K	0.59%	46
2015 Q4	$15.4M	Sell	178,674 -3,680	-2%	-$390K	0.41%	57
2015 Q3	$21.9M	Sell	182,354 -18	-0%	-$2.44K	0.59%	49
2015 Q2	$27M	Buy	182,372 +6,058	+3%	+$872K	0.66%	43
2015 Q1	$24.9M	Buy	176,314 +4,742	+3%	+$699K	0.59%	50
2014 Q4	$25.9M	Sell	171,572 -1,602	-0.9%	-$240K	0.83%	31
2014 Q3	$25.9M	Buy	173,174 +14,902	+9%	+$2.15M	0.85%	31
2014 Q2	$20.6M	Buy	158,272 +58,376	+58%	+$7.73M	0.59%	35
2014 Q1	$14M	Buy	+99,896	New	+$13.5M	0.59%	49
2013 Q4	–	Sell	-534,391	Closed	-$69M	–	210
2013 Q3	$69M	Buy	534,391 +385,930	+260%	+$43.3M	3.27%	3
2013 Q2	$14.1M	Buy	+148,461	New	+$13.4M	0.58%	47

Other funds holding PII

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

Manulife (Manufacturers Life Insurance)

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $116B AUM 26.37% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Fidelity Investments

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Southernsun Asset Management Memphis, Tennessee $690M AUM 30.68% 1-Year Est. Return

Capital Research Global Investors

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Janus Henderson Investors US Denver, Colorado $122B AUM 18.26% 1-Year Est. Return