Marianas Fund Management’s United Airlines UAL Stock Holding History

Marianas Fund Management’s Portfolio UAL Stock Details UAL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-81,800	Closed	-$4.98M	–	10
2017 Q3	$4.98M	Buy	81,800 +32,100	+65%	+$2.14M	8.57%	6
2017 Q2	$3.74M	Sell	49,700 -91,600	-65%	-$6.92M	3.33%	14
2017 Q1	$9.98M	Buy	141,300 +8,380	+6%	+$606K	3.73%	9
2016 Q4	$9.69M	Sell	132,920 -326,500	-71%	-$20.8M	2.43%	15
2016 Q3	$24.1M	Sell	459,420 -44,800	-9%	-$2.16M	5.82%	8
2016 Q2	$20.7M	Sell	504,220 -157,400	-24%	-$7.45M	4.28%	14
2016 Q1	$39.6M	Sell	661,620 -634,780	-49%	-$33.7M	6.82%	2
2015 Q4	$74.3M	Buy	+1,296,400	New	+$74.9M	13.66%	1
2015 Q2	–	Sell	-165,700	Closed	-$11.1M	–	36
2015 Q1	$11.1M	Sell	165,700 -9,600	-5%	-$650K	2.45%	19
2014 Q4	$11.7M	Buy	+175,300	New	+$9.71M	3.35%	15

Other funds holding UAL

Berkshire Hathaway Omaha, Nebraska $263B AUM 16.68% 1-Year Est. Return

Primecap Management Pasadena, California $127B AUM 44.11% 1-Year Est. Return

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

PCM

PAR Capital Management Boston, Massachusetts $3.45B AUM 28.5% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

ACM

Altimeter Capital Management Boston, Massachusetts $5.7B AUM 36.74% 1-Year Est. Return

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

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

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

Marianas Fund Management's UAL Position: Q4 2017 in Review

Marianas Fund Management sold out of United Airlines (UAL) in Q4 2017, closing a stake of 81,800 shares — an estimated $4.98M sold.

Marianas Fund Management first reported a position in UAL in Q4 2014 and held it in 10 quarters. The position peaked at $74.3M in Q4 2015. 546 funds tracked by Wall St. Rank hold UAL as of Q4 2017.

Marianas Fund Management reported no remaining United Airlines position as of Q4 2017 after selling out during the quarter.
Marianas Fund Management sold 81,800 United Airlines shares in Q4 2017, an estimated $4.98M.
Marianas Fund Management first reported a position in United Airlines in Q4 2014 and held it in 10 quarters.
Marianas Fund Management's United Airlines position peaked at $74.3M in Q4 2015.
546 funds tracked by Wall St. Rank held United Airlines as of Q4 2017.

Based on Marianas Fund Management's 13F filing for Q4 2017.