Kerrisdale Advisers’s Comerica CMA Stock Holding History

Kerrisdale Advisers’s Portfolio CMA Stock Details CMA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2013 Q3	–	Sell	-295,907	Closed	-$11.8M	–	72
2013 Q2	$11.8M	Buy	+295,907	New	+$11M	5.43%	3

Other funds holding CMA

LTI

Laffer Tengler Investments Nashville, Tennessee $782M AUM 33.6% 1-Year Est. Return

FMI

Fiduciary Management Inc Milwaukee, Wisconsin $8.06B AUM 6.78% 1-Year Est. Return

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

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

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

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

BIT

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

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Luther King Capital Management (LKCM) Fort Worth, Texas $23.1B AUM 21.31% 1-Year Est. Return

Kerrisdale Advisers's CMA Position: Q3 2013 in Review

Kerrisdale Advisers sold out of Comerica (CMA) in Q3 2013, closing a stake of 295,907 shares — an estimated $11.8M sold.

Kerrisdale Advisers first reported a position in CMA in Q2 2013 and held it in 1 quarter. The position peaked at $11.8M in Q2 2013. 388 funds tracked by Wall St. Rank hold CMA as of Q3 2013.

Kerrisdale Advisers reported no remaining Comerica position as of Q3 2013 after selling out during the quarter.
Kerrisdale Advisers sold 295,907 Comerica shares in Q3 2013, an estimated $11.8M.
Kerrisdale Advisers first reported a position in Comerica in Q2 2013 and held it in 1 quarter.
Kerrisdale Advisers's Comerica position peaked at $11.8M in Q2 2013.
388 funds tracked by Wall St. Rank held Comerica as of Q3 2013.

Based on Kerrisdale Advisers's 13F filing for Q3 2013, filed 14 Nov 2013.