Meritage Portfolio Management’s Telefônica Brasil VIV Stock Holding History

Meritage Portfolio Management’s Portfolio VIV Stock Details VIV Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-230,960	Closed	-$4.08M	–	221
2014 Q4	$4.08M	Sell	230,960 -17,450	-7%	-$333K	0.43%	135
2014 Q3	$4.89M	Buy	248,410 +4,025	+2%	+$81.4K	0.56%	79
2014 Q2	$5.01M	Buy	244,385 +15,555	+7%	+$321K	0.55%	78
2014 Q1	$4.86M	Buy	228,830 +7,345	+3%	+$141K	0.58%	72
2013 Q4	$4.26M	Buy	221,485 +54,910	+33%	+$1.11M	0.53%	95
2013 Q3	$3.74M	Buy	166,575 +5,015	+3%	+$108K	0.48%	108
2013 Q2	$3.69M	Buy	+161,560	New	+$4.13M	0.53%	89

Other funds holding VIV

OppenheimerFunds New York $80.4B AUM 15.1% 1-Year Est. Return

TIM

Thornburg Investment Management Santa Fe, New Mexico $9.63B AUM 35.65% 1-Year Est. Return

BIP

Brandes Investment Partners La Jolla, California $14.1B AUM 25.52% 1-Year Est. Return

Grantham, Mayo, Van Otterloo & Co (GMO) Boston, Massachusetts $39.1B AUM 28.69% 1-Year Est. Return

Acadian Asset Management Boston, Massachusetts $70.5B AUM 36% 1-Year Est. Return

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

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

AAM

Aberdeen Asset Management Aberdeen, United Kingdom $30B AUM 22.46% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Macquarie Group Sydney, NSW 2000, Australia $16.8B AUM 27.39% 1-Year Est. Return

Meritage Portfolio Management's VIV Position: Q1 2015 in Review

Meritage Portfolio Management sold out of Telefônica Brasil (VIV) in Q1 2015, closing a stake of 230,960 shares — an estimated $4.08M sold.

Meritage Portfolio Management first reported a position in VIV in Q2 2013 and held it in 7 quarters. The position peaked at $5.01M in Q2 2014. 174 funds tracked by Wall St. Rank hold VIV as of Q1 2015.

Meritage Portfolio Management reported no remaining Telefônica Brasil position as of Q1 2015 after selling out during the quarter.
Meritage Portfolio Management sold 230,960 Telefônica Brasil shares in Q1 2015, an estimated $4.08M.
Meritage Portfolio Management first reported a position in Telefônica Brasil in Q2 2013 and held it in 7 quarters.
Meritage Portfolio Management's Telefônica Brasil position peaked at $5.01M in Q2 2014.
174 funds tracked by Wall St. Rank held Telefônica Brasil as of Q1 2015.

Based on Meritage Portfolio Management's 13F filing for Q1 2015, filed 28 Apr 2015.