Melvin Capital Management’s Constellation Brands STZ Stock Holding History

Melvin Capital Management’s Portfolio STZ Stock Details STZ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q1	–	Sell	-2,721,601	Closed	-$438M	–	106
2018 Q4	$438M	Sell	2,721,601 -957,233	-26%	-$190M	5.95%	1
2018 Q3	$793M	Buy	3,678,834 +1,197,246	+48%	+$255M	8.35%	1
2018 Q2	$543M	Buy	2,481,588 +136,357	+6%	+$30.8M	4.91%	4
2018 Q1	$535M	Buy	2,345,231 +933,596	+66%	+$206M	5.11%	2
2017 Q4	$323M	Buy	1,411,635 +376,235	+36%	+$81.3M	3.06%	6
2017 Q3	$207M	Sell	1,035,400 -528,733	-34%	-$105M	2.49%	9
2017 Q2	$303M	Buy	1,564,133 +165,239	+12%	+$29.4M	3.97%	4
2017 Q1	$227M	Buy	1,398,894 +773,894	+124%	+$121M	3.89%	3
2016 Q4	$95.8M	Buy	625,000 +25,000	+4%	+$3.97M	2.49%	7
2016 Q3	$99.9M	Buy	600,000 +200,000	+50%	+$33M	2.63%	9
2016 Q2	$66.2M	Sell	400,000 -50,000	-11%	-$7.83M	2.12%	16
2016 Q1	$68M	Sell	450,000 -50,000	-10%	-$7.22M	2.57%	13
2015 Q4	$71.2M	Sell	500,000 -50,000	-9%	-$6.88M	3.37%	6
2015 Q3	$68.9M	Buy	550,000 +165,000	+43%	+$20.4M	3.85%	5
2015 Q2	$44.7M	Buy	385,000 +200,000	+108%	+$23.6M	2.41%	10
2015 Q1	$21.5M	Buy	+185,000	New	+$20.8M	1.39%	36

Other funds holding STZ

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

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

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

LPC

Lone Pine Capital Greenwich, Connecticut $12.5B AUM 54.4% 1-Year Est. Return

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

KCM

Kensico Capital Management Greenwich, Connecticut $4.9B AUM 41.26% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Harris Associates Chicago, Illinois $75B AUM 11.27% 1-Year Est. Return

JSP

Jackson Square Partners Larkspur, California $247M AUM 20.29% 1-Year Est. Return

Melvin Capital Management's STZ Position: Q1 2019 in Review

Melvin Capital Management sold out of Constellation Brands (STZ) in Q1 2019, closing a stake of 2,721,601 shares — an estimated $438M sold.

Melvin Capital Management first reported a position in STZ in Q1 2015 and held it in 16 quarters. The position peaked at $793M in Q3 2018. 1,002 funds tracked by Wall St. Rank hold STZ as of Q1 2019.

Melvin Capital Management reported no remaining Constellation Brands position as of Q1 2019 after selling out during the quarter.
Melvin Capital Management sold 2,721,601 Constellation Brands shares in Q1 2019, an estimated $438M.
Melvin Capital Management first reported a position in Constellation Brands in Q1 2015 and held it in 16 quarters.
Melvin Capital Management's Constellation Brands position peaked at $793M in Q3 2018.
1,002 funds tracked by Wall St. Rank held Constellation Brands as of Q1 2019.

Based on Melvin Capital Management's 13F filing for Q1 2019, filed 15 May 2019.