Lakewood Capital Management’s SELECT INCOME REIT SIR Stock Holding History

Lakewood Capital Management’s Portfolio SIR Stock Details SIR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-5,208,833	Closed	-$55.9M	–	50
2014 Q4	$55.9M	Buy	5,208,833 +4,667,044	+861%	+$49.4M	3.13%	13
2014 Q3	$5.73M	Hold	541,789	–	–	0.36%	32
2014 Q2	$7.06M	Buy	541,789 +136,273	+34%	+$1.78M	0.57%	25
2014 Q1	$5.4M	Hold	405,516	–	–	0.41%	33
2013 Q4	$4.77M	Hold	405,516	–	–	0.38%	41
2013 Q3	$4.6M	Sell	405,516 -3,119,606	-88%	-$35.5M	0.37%	43
2013 Q2	$43.4M	Buy	+3,525,122	New	+$43.5M	2.96%	13

Other funds holding SIR

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

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

CNB

City National Bank Beverly Hills, California $11.6B AUM 3.11% 1-Year Est. Return

Allianz Asset Management Munich, Germany $95.4B AUM 38.74% 1-Year Est. Return

BIT

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

NMVA

New Mountain Vantage Advisers New York $4.33B AUM 35.3% 1-Year Est. Return

BFA

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

Schroder Investment Management Group London, United Kingdom $122B AUM 29.27% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $344B AUM 42.99% 1-Year Est. Return

LSV Asset Management Chicago, Illinois $55.1B AUM 45.38% 1-Year Est. Return

Lakewood Capital Management's SIR Position: Q1 2015 in Review

Lakewood Capital Management sold out of SELECT INCOME REIT (SIR) in Q1 2015, closing a stake of 5,208,833 shares — an estimated $55.9M sold.

Lakewood Capital Management first reported a position in SIR in Q2 2013 and held it in 7 quarters. The position peaked at $55.9M in Q4 2014. 165 funds tracked by Wall St. Rank hold SIR as of Q1 2015.

Lakewood Capital Management reported no remaining SELECT INCOME REIT position as of Q1 2015 after selling out during the quarter.
Lakewood Capital Management sold 5,208,833 SELECT INCOME REIT shares in Q1 2015, an estimated $55.9M.
Lakewood Capital Management first reported a position in SELECT INCOME REIT in Q2 2013 and held it in 7 quarters.
Lakewood Capital Management's SELECT INCOME REIT position peaked at $55.9M in Q4 2014.
165 funds tracked by Wall St. Rank held SELECT INCOME REIT as of Q1 2015.

Based on Lakewood Capital Management's 13F filing for Q1 2015, filed 15 May 2015.