Meritage Group’s Intercontinental Exchange ICE Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-3,461,013	Closed	-$228M	–	18
2017 Q2	$228M	Hold	3,461,013	–	–	6.85%	7
2017 Q1	$207M	Buy	3,461,013 +3,598	+0.1%	+$211K	7.32%	9
2016 Q4	$195M	Hold	3,457,415	–	–	7.12%	9
2016 Q3	$186M	Buy	3,457,415 +12,205	+0.4%	+$666K	5.95%	7
2016 Q2	$176M	Buy	3,445,210 +7,335	+0.2%	+$370K	5.69%	9
2016 Q1	$162M	Hold	3,437,875	–	–	4.48%	11
2015 Q4	$176M	Buy	3,437,875 +2,865	+0.1%	+$144K	4.82%	10
2015 Q3	$161M	Buy	3,435,010 +3,780	+0.1%	+$175K	4.26%	11
2015 Q2	$153M	Sell	3,431,230 -3,640	-0.1%	-$169K	3.59%	13
2015 Q1	$160M	Buy	3,434,870 +3,020	+0.1%	+$136K	4.33%	15
2014 Q4	$151M	Sell	3,431,850 -1,766,230	-34%	-$75.7M	4.1%	16
2014 Q3	$203M	Buy	5,198,080 +1,155	+0%	+$44.3K	5.52%	11
2014 Q2	$196M	Buy	5,196,925 +725	+0%	+$28.3K	5.52%	10
2014 Q1	$206M	Sell	5,196,200 -6,040	-0.1%	-$255K	5.79%	7
2013 Q4	$234M	Sell	5,202,240 -344,370	-6%	-$14.2M	7.31%	6
2013 Q3	$201M	Hold	5,546,610	–	–	6.92%	8
2013 Q2	$197M	Buy	+5,546,610	New	+$186M	6.68%	6