Lone Pine Capital’s Northrop Grumman NOC Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-2,647,065	Closed	-$588M	–	46
2016 Q2	$588M	Sell	2,647,065 -602,724	-19%	-$127M	2.71%	16
2016 Q1	$643M	Buy	3,249,789 +1,117,695	+52%	+$211M	3.2%	12
2015 Q4	$403M	Buy	+2,132,094	New	+$391M	1.72%	23

Other funds holding NOC

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

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

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

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

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

BIT

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

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

Putnam Investments Boston, Massachusetts $75.7B AUM 34.45% 1-Year Est. Return

JHIU

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

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Lone Pine Capital's NOC Position: Q3 2016 in Review

Lone Pine Capital sold out of Northrop Grumman (NOC) in Q3 2016, closing a stake of 2,647,065 shares — an estimated $588M sold.

Lone Pine Capital first reported a position in NOC in Q4 2015 and held it in 3 quarters. The position peaked at $643M in Q1 2016. 804 funds tracked by Wall St. Rank hold NOC as of Q3 2016.

Lone Pine Capital reported no remaining Northrop Grumman position as of Q3 2016 after selling out during the quarter.
Lone Pine Capital sold 2,647,065 Northrop Grumman shares in Q3 2016, an estimated $588M.
Lone Pine Capital first reported a position in Northrop Grumman in Q4 2015 and held it in 3 quarters.
Lone Pine Capital's Northrop Grumman position peaked at $643M in Q1 2016.
804 funds tracked by Wall St. Rank held Northrop Grumman as of Q3 2016.

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