Makaira Partners’s Capella Education Company CPLA Stock Holding History

Makaira Partners’s Portfolio CPLA Stock Details CPLA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-294,505	Closed	-$15.5M	–	14
2016 Q2	$15.5M	Sell	294,505 -402,046	-58%	-$21M	2.27%	11
2016 Q1	$36.7M	Buy	696,551 +10,000	+1%	+$463K	5.67%	8
2015 Q4	$32.2M	Buy	686,551 +91,611	+15%	+$4.41M	5.31%	8
2015 Q3	$29.5M	Buy	594,940 +58,823	+11%	+$3M	4.79%	9
2015 Q2	$28.8M	Buy	536,117 +239,690	+81%	+$13.8M	4.42%	9
2015 Q1	$19.2M	Hold	296,427	–	–	3.34%	9
2014 Q4	$22.8M	Sell	296,427 -178,430	-38%	-$12.3M	4.03%	8
2014 Q3	$29.7M	Hold	474,857	–	–	5.19%	8
2014 Q2	$25.8M	Hold	474,857	–	–	4.28%	8
2014 Q1	$30M	Sell	474,857 -208,200	-30%	-$13.5M	5.37%	8
2013 Q4	$45.4M	Buy	683,057 +1,700	+0.2%	+$106K	8.41%	7
2013 Q3	$38.5M	Hold	681,357	–	–	8.18%	8
2013 Q2	$28.4M	Buy	+681,357	New	+$26.1M	6.13%	10

Other funds holding CPLA

Royce & Associates New York $12.4B AUM 64.17% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

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

Renaissance Technologies New York $72.6B AUM 54.88% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

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

BIT

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

Norges Bank Oslo, Norway $1T AUM

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

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Makaira Partners's CPLA Position: Q3 2016 in Review

Makaira Partners sold out of Capella Education Company (CPLA) in Q3 2016, closing a stake of 294,505 shares — an estimated $15.5M sold.

Makaira Partners first reported a position in CPLA in Q2 2013 and held it in 13 quarters. The position peaked at $45.4M in Q4 2013. 157 funds tracked by Wall St. Rank hold CPLA as of Q3 2016.

Makaira Partners reported no remaining Capella Education Company position as of Q3 2016 after selling out during the quarter.
Makaira Partners sold 294,505 Capella Education Company shares in Q3 2016, an estimated $15.5M.
Makaira Partners first reported a position in Capella Education Company in Q2 2013 and held it in 13 quarters.
Makaira Partners's Capella Education Company position peaked at $45.4M in Q4 2013.
157 funds tracked by Wall St. Rank held Capella Education Company as of Q3 2016.

Based on Makaira Partners's 13F filing for Q3 2016, filed 15 Nov 2016.