Melvin Capital Management’s Costco COST Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-300,000	Closed	-$45.8M	–	53
2016 Q3	$45.8M	Buy	+300,000	New	+$45.8M	1.21%	24
2016 Q2	–	Sell	-350,000	Closed	-$55.2M	–	41
2016 Q1	$55.2M	Buy	+350,000	New	+$55.2M	2.08%	16