Lone Pine Capital’s H&R Block HRB Stock Holding History

Lone Pine Capital’s Portfolio HRB Stock Details HRB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-2,303,844	Closed	-$61.4M	–	63
2013 Q3	$61.4M	Sell	2,303,844 -5,332,200	-70%	-$155M	0.27%	54
2013 Q2	$212M	Buy	+7,636,044	New	+$218M	1.03%	42

Other funds holding HRB

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

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

Viking Global Investors Stamford, Connecticut $35.1B AUM 21.36% 1-Year Est. Return

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

Artisan Partners Milwaukee, Wisconsin $63.1B AUM 35.51% 1-Year Est. Return

AIG

American International Group New York $2.93M AUM 12.08% 1-Year Est. Return

BIT

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

HCM

Hoplite Capital Management New York $15.1M AUM 27.41% 1-Year Est. Return

JHIU

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

First Eagle Investment Management New York $60.8B AUM 26.63% 1-Year Est. Return

Lone Pine Capital's HRB Position: Q4 2013 in Review

Lone Pine Capital sold out of H&R Block (HRB) in Q4 2013, closing a stake of 2,303,844 shares — an estimated $61.4M sold.

Lone Pine Capital first reported a position in HRB in Q2 2013 and held it in 2 quarters. The position peaked at $212M in Q2 2013. 391 funds tracked by Wall St. Rank hold HRB as of Q4 2013.

Lone Pine Capital reported no remaining H&R Block position as of Q4 2013 after selling out during the quarter.
Lone Pine Capital sold 2,303,844 H&R Block shares in Q4 2013, an estimated $61.4M.
Lone Pine Capital first reported a position in H&R Block in Q2 2013 and held it in 2 quarters.
Lone Pine Capital's H&R Block position peaked at $212M in Q2 2013.
391 funds tracked by Wall St. Rank held H&R Block as of Q4 2013.

Based on Lone Pine Capital's 13F filing for Q4 2013, filed 14 Feb 2014.