Lincluden Management’s TIM HORTONS INC COM, CANADA THI Stock Holding History

Lincluden Management’s Portfolio THI Stock Details THI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-39,775	Closed	-$3.98M	–	85
2014 Q3	$3.98M	Sell	39,775 -79,050	-67%	-$5.28M	0.39%	54
2014 Q2	$7.4M	Buy	118,825 +5,680	+5%	+$311K	0.67%	45
2014 Q1	$7.65M	Buy	113,145 +30,655	+37%	+$1.66M	0.72%	41
2013 Q4	$4.81M	Buy	82,490 +55,770	+209%	+$3.28M	0.44%	48
2013 Q3	$1.55M	Sell	26,720 -790	-3%	-$44.8K	0.19%	68
2013 Q2	$1.65K	Buy	+27,510	New	+$1.49M	﹤0.01%	66

Other funds holding THI

Commerzbank Aktiengesellschaft Frankfurt, Germany $4.78B AUM 25.31% 1-Year Est. Return

ABTD

Arvest Bank Trust Division Dewey, Oklahoma $1.84B AUM 20.84% 1-Year Est. Return

Lincluden Management's THI Position: Q4 2014 in Review

Lincluden Management sold out of TIM HORTONS INC COM, CANADA (THI) in Q4 2014, closing a stake of 39,775 shares — an estimated $3.98M sold.

Lincluden Management first reported a position in THI in Q2 2013 and held it in 6 quarters. The position peaked at $7.65M in Q1 2014. 2 funds tracked by Wall St. Rank hold THI as of Q4 2014.

Lincluden Management reported no remaining TIM HORTONS INC COM, CANADA position as of Q4 2014 after selling out during the quarter.
Lincluden Management sold 39,775 TIM HORTONS INC COM, CANADA shares in Q4 2014, an estimated $3.98M.
Lincluden Management first reported a position in TIM HORTONS INC COM, CANADA in Q2 2013 and held it in 6 quarters.
Lincluden Management's TIM HORTONS INC COM, CANADA position peaked at $7.65M in Q1 2014.
2 funds tracked by Wall St. Rank held TIM HORTONS INC COM, CANADA as of Q4 2014.

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