Marble Arch Investments’s CDK Global, Inc. CDK Stock Holding History

Marble Arch Investments’s Portfolio CDK Stock Details CDK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-997,000	Closed	-$62.9M	–	25
2017 Q3	$62.9M	Buy	997,000 +60,000	+6%	+$3.78M	4.18%	12
2017 Q2	$58.1M	Hold	937,000	–	–	4.08%	13
2017 Q1	$60.9M	Hold	937,000	–	–	3.79%	14
2016 Q4	$55.9M	Hold	937,000	–	–	3.99%	12
2016 Q3	$53.7M	Sell	937,000 -257,000	-22%	-$14.8M	3.61%	14
2016 Q2	$66.3M	Sell	1,194,000 -431,000	-27%	-$22.3M	4.62%	13
2016 Q1	$75.6M	Buy	1,625,000 +45,000	+3%	+$2M	5.36%	10
2015 Q4	$75M	Buy	1,580,000 +209,000	+15%	+$10.1M	5.07%	11
2015 Q3	$65.5M	Hold	1,371,000	–	–	5.04%	9
2015 Q2	$74M	Buy	1,371,000 +196,000	+17%	+$10.1M	6.38%	6
2015 Q1	$54.9M	Buy	+1,175,000	New	+$53.6M	4.89%	11

Other funds holding CDK

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

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

Elliott Management New York $11.8B AUM 20.29% 1-Year Est. Return

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

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

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

BRC

Blue Ridge Capital New York $215M AUM

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

SHCM

Sachem Head Capital Management New York $4.82B AUM 73.38% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $204B AUM 27.99% 1-Year Est. Return

Marble Arch Investments's CDK Position: Q4 2017 in Review

Marble Arch Investments sold out of CDK Global, Inc. (CDK) in Q4 2017, closing a stake of 997,000 shares — an estimated $62.9M sold.

Marble Arch Investments first reported a position in CDK in Q1 2015 and held it in 11 quarters. The position peaked at $75.6M in Q1 2016. 625 funds tracked by Wall St. Rank hold CDK as of Q4 2017.

Marble Arch Investments reported no remaining CDK Global, Inc. position as of Q4 2017 after selling out during the quarter.
Marble Arch Investments sold 997,000 CDK Global, Inc. shares in Q4 2017, an estimated $62.9M.
Marble Arch Investments first reported a position in CDK Global, Inc. in Q1 2015 and held it in 11 quarters.
Marble Arch Investments's CDK Global, Inc. position peaked at $75.6M in Q1 2016.
625 funds tracked by Wall St. Rank held CDK Global, Inc. as of Q4 2017.

Based on Marble Arch Investments's 13F filing for Q4 2017, filed 14 Feb 2018.