Lincluden Management’s Petrobras PBR Stock Holding History

Lincluden Management’s Portfolio PBR Stock Details PBR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-123,962	Closed	-$1.76M	–	81
2014 Q3	$1.76M	Buy	123,962 +2,105	+2%	+$35.2K	0.17%	70
2014 Q2	$1.78M	Buy	121,857 +16,415	+16%	+$239K	0.16%	72
2014 Q1	$1.39M	Buy	105,442 +3,607	+4%	+$42.1K	0.13%	71
2013 Q4	$1.4M	Sell	101,835 -12,245	-11%	-$190K	0.13%	68
2013 Q3	$1.77M	Sell	114,080 -11,630	-9%	-$166K	0.22%	67
2013 Q2	$1.69M	Buy	+125,710	New	+$2.14M	﹤0.01%	65

Other funds holding PBR

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

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

Macquarie Group Sydney, NSW 2000, Australia $23.2B AUM 40.19% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

JHIU

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

SIM

Sprucegrove Investment Management Toronto, Ontario, Canada $639M AUM 23.31% 1-Year Est. Return

WGI

Westwood Global Investments Boston, Massachusetts $2.85B AUM 55.09% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Lincluden Management's PBR Position: Q4 2014 in Review

Lincluden Management sold out of Petrobras (PBR) in Q4 2014, closing a stake of 123,962 shares — an estimated $1.76M sold.

Lincluden Management first reported a position in PBR in Q2 2013 and held it in 6 quarters. The position peaked at $1.78M in Q2 2014. 310 funds tracked by Wall St. Rank hold PBR as of Q4 2014.

Lincluden Management reported no remaining Petrobras position as of Q4 2014 after selling out during the quarter.
Lincluden Management sold 123,962 Petrobras shares in Q4 2014, an estimated $1.76M.
Lincluden Management first reported a position in Petrobras in Q2 2013 and held it in 6 quarters.
Lincluden Management's Petrobras position peaked at $1.78M in Q2 2014.
310 funds tracked by Wall St. Rank held Petrobras as of Q4 2014.

Based on Lincluden Management's 13F filing for Q4 2014, filed 17 Feb 2015.