Kingstown Capital Management’s Navient NAVI Stock Holding History

Kingstown Capital Management’s Portfolio NAVI Stock Details NAVI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-2,000,000	Closed	-$28.9M	–	21
2016 Q3	$28.9M	Sell	2,000,000 -1,000,000	-33%	-$13.9M	3.23%	14
2016 Q2	$35.9M	Sell	3,000,000 -1,000,000	-25%	-$12.7M	4.07%	11
2016 Q1	$47.9M	Buy	4,000,000 +500,000	+14%	+$5.2M	5.17%	11
2015 Q4	$40.1M	Buy	3,500,000 +1,000,000	+40%	+$12.3M	4.32%	14
2015 Q3	$28.1M	Buy	2,500,000 +250,000	+11%	+$3.66M	3.16%	16
2015 Q2	$41M	Hold	2,250,000	–	–	5.27%	8
2015 Q1	$45.7M	Hold	2,250,000	–	–	5.95%	9
2014 Q4	$48.6M	Hold	2,250,000	–	–	7.05%	8
2014 Q3	$39.8M	Sell	2,250,000 -150,000	-6%	-$2.64M	5.82%	10
2014 Q2	$42.5M	Buy	+2,400,000	New	+$39.7M	6.36%	12

Other funds holding NAVI

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

Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $30.5B AUM 29.95% 1-Year Est. Return

Boston Partners Boston, Massachusetts $113B AUM 38.87% 1-Year Est. Return

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

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.26% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

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

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.14% 1-Year Est. Return

Credit Agricole Montrouge Cedex, France $38.1B AUM

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

Kingstown Capital Management's NAVI Position: Q4 2016 in Review

Kingstown Capital Management sold out of Navient (NAVI) in Q4 2016, closing a stake of 2,000,000 shares — an estimated $28.9M sold.

Kingstown Capital Management first reported a position in NAVI in Q2 2014 and held it in 10 quarters. The position peaked at $48.6M in Q4 2014. 408 funds tracked by Wall St. Rank hold NAVI as of Q4 2016.

Kingstown Capital Management reported no remaining Navient position as of Q4 2016 after selling out during the quarter.
Kingstown Capital Management sold 2,000,000 Navient shares in Q4 2016, an estimated $28.9M.
Kingstown Capital Management first reported a position in Navient in Q2 2014 and held it in 10 quarters.
Kingstown Capital Management's Navient position peaked at $48.6M in Q4 2014.
408 funds tracked by Wall St. Rank held Navient as of Q4 2016.

Based on Kingstown Capital Management's 13F filing for Q4 2016, filed 14 Feb 2017.