Lone Pine Capital’s Sears Holding Corporation SHLD Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-3,500,000	Closed	-$32.5M	–	48
2016 Q4	$32.5M	Hold	3,500,000	–	–	0.17%	38
2016 Q3	$40.1M	Hold	3,500,000	–	–	0.18%	38
2016 Q2	$47.6M	Buy	3,500,000 +1,490,000	+74%	+$21M	0.22%	35
2016 Q1	$30.8M	Hold	2,010,000	–	–	0.15%	39
2015 Q4	$41.3M	Hold	2,010,000	–	–	0.18%	44
2015 Q3	$45.4M	Sell	2,010,000 -153,100	-7%	-$3.69M	0.19%	47
2015 Q2	$57.8M	Hold	2,163,100	–	–	0.22%	53
2015 Q1	$89.5M	Hold	2,163,100	–	–	0.34%	50
2014 Q4	$71.3M	Sell	2,163,100 -1,044,525	-33%	-$34.2M	0.3%	43
2014 Q3	$70.1M	Buy	3,207,625 +518,696	+19%	+$16.9M	0.27%	46
2014 Q2	$100M	Sell	2,688,929 -735,204	-21%	-$27.2M	0.4%	45
2014 Q1	$100M	Buy	3,424,133 +411,919	+14%	+$13M	0.43%	46
2013 Q4	$111M	Hold	3,012,214	–	–	0.48%	48
2013 Q3	$135M	Hold	3,012,214	–	–	0.6%	49
2013 Q2	$95.7M	Buy	+3,012,214	New	+$113M	0.47%	50