Messner & Smith Theme Value Investment Management’s Phibro Animal Health PAHC Stock Holding History

Messner & Smith Theme Value Investment Management’s Portfolio PAHC Stock Details PAHC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-37,262	Closed	-$1.01M	–	90
2016 Q3	$1.01M	Sell	37,262 -2,311	-6%	-$52.3K	1.63%	26
2016 Q2	$739K	Buy	39,573 +12,771	+48%	+$266K	1.36%	27
2016 Q1	$725K	Sell	26,802 -12,984	-33%	-$372K	1.43%	25
2015 Q4	$1.2M	Buy	+39,786	New	+$1.28M	1.92%	21
2015 Q1	–	Sell	-30,032	Closed	-$948K	–	84
2014 Q4	$948K	Buy	+30,032	New	+$831K	1.61%	26

Other funds holding PAHC

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

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

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

VFA

Virtus Fund Advisers Hartford, Connecticut $32.1M AUM 39.5% 1-Year Est. Return

FIM

Foresters Investment Management New York $5.05B AUM 5.06% 1-Year Est. Return

TIM

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

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

DIA

Denver Investment Advisors Denver, Colorado $1.89B AUM 7.9% 1-Year Est. Return

BlackRock Advisors Wilmington, Delaware $98.8B AUM 15.8% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Messner & Smith Theme Value Investment Management's PAHC Position: Q4 2016 in Review

Messner & Smith Theme Value Investment Management sold out of Phibro Animal Health (PAHC) in Q4 2016, closing a stake of 37,262 shares — an estimated $1.01M sold.

Messner & Smith Theme Value Investment Management first reported a position in PAHC in Q4 2014 and held it in 5 quarters. The position peaked at $1.2M in Q4 2015. 143 funds tracked by Wall St. Rank hold PAHC as of Q4 2016.

Messner & Smith Theme Value Investment Management reported no remaining Phibro Animal Health position as of Q4 2016 after selling out during the quarter.
Messner & Smith Theme Value Investment Management sold 37,262 Phibro Animal Health shares in Q4 2016, an estimated $1.01M.
Messner & Smith Theme Value Investment Management first reported a position in Phibro Animal Health in Q4 2014 and held it in 5 quarters.
Messner & Smith Theme Value Investment Management's Phibro Animal Health position peaked at $1.2M in Q4 2015.
143 funds tracked by Wall St. Rank held Phibro Animal Health as of Q4 2016.

Based on Messner & Smith Theme Value Investment Management's 13F filing for Q4 2016, filed 13 Feb 2017.