Kingstown Capital Management’s National General Holdings Corp NGHC Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-225,000	Closed	-$4.82M	–	22
2016 Q2	$4.82M	Sell	225,000 -2,275,000	-91%	-$48.8M	0.55%	21
2016 Q1	$54M	Sell	2,500,000 -750,000	-23%	-$15.1M	5.82%	10
2015 Q4	$71M	Hold	3,250,000	–	–	7.65%	2
2015 Q3	$62.7M	Buy	3,250,000 +500,000	+18%	+$10.3M	7.05%	3
2015 Q2	$57.3M	Hold	2,750,000	–	–	7.37%	5
2015 Q1	$51.4M	Sell	2,750,000 -500,000	-15%	-$9.15M	6.69%	8
2014 Q4	$60.5M	Hold	3,250,000	–	–	8.77%	5
2014 Q3	$54.9M	Hold	3,250,000	–	–	8.02%	6
2014 Q2	$56.5M	Buy	3,250,000 +250,000	+8%	+$3.81M	8.46%	4
2014 Q1	$42M	Buy	+3,000,000	New	+$42.3M	5.25%	10

Other funds holding NGHC

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

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

PWAM

Park West Asset Management San Francisco, California $1.47B AUM 86.42% 1-Year Est. Return

PNC Financial Services Group Pittsburgh, Pennsylvania $202B AUM 37.79% 1-Year Est. Return

Allianz Asset Management Munich, Germany $112B AUM 36.28% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $495B AUM 43.24% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

BIT

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

BFA

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

Kingstown Capital Management's NGHC Position: Q3 2016 in Review

Kingstown Capital Management sold out of National General Holdings Corp (NGHC) in Q3 2016, closing a stake of 225,000 shares — an estimated $4.82M sold.

Kingstown Capital Management first reported a position in NGHC in Q1 2014 and held it in 10 quarters. The position peaked at $71M in Q4 2015. 132 funds tracked by Wall St. Rank hold NGHC as of Q3 2016.

Kingstown Capital Management reported no remaining National General Holdings Corp position as of Q3 2016 after selling out during the quarter.
Kingstown Capital Management sold 225,000 National General Holdings Corp shares in Q3 2016, an estimated $4.82M.
Kingstown Capital Management first reported a position in National General Holdings Corp in Q1 2014 and held it in 10 quarters.
Kingstown Capital Management's National General Holdings Corp position peaked at $71M in Q4 2015.
132 funds tracked by Wall St. Rank held National General Holdings Corp as of Q3 2016.

Based on Kingstown Capital Management's 13F filing for Q3 2016, filed 14 Nov 2016.