Michael & Susan Dell Foundation’s Time Warner Inc TWX Stock Holding History

Michael & Susan Dell Foundation’s Portfolio TWX Stock Details TWX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-316,947	Closed	-$21.8M	–	9
2015 Q3	$21.8M	Buy	316,947 +56,192	+22%	+$4.41M	15.89%	3
2015 Q2	$22.8M	Hold	260,755	–	–	13.1%	5
2015 Q1	$22M	Hold	260,755	–	–	13.47%	5
2014 Q4	$22.3M	Sell	260,755 -20,650	-7%	-$1.65M	16.66%	3
2014 Q3	$21.2M	Hold	281,405	–	–	17.57%	2
2014 Q2	$19.8M	Sell	281,405 -12,100	-4%	-$795K	16.64%	3
2014 Q1	$18.4M	Hold	293,505	–	–	16.16%	3
2013 Q4	$19.6M	Buy	+293,505	New	+$19M	15.88%	2

Other funds holding TWX

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

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return

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

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

LTI

Laffer Tengler Investments Nashville, Tennessee $677M AUM 27.58% 1-Year Est. Return

BIT

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

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

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

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

Michael & Susan Dell Foundation's TWX Position: Q4 2015 in Review

Michael & Susan Dell Foundation sold out of Time Warner Inc (TWX) in Q4 2015, closing a stake of 316,947 shares — an estimated $21.8M sold.

Michael & Susan Dell Foundation first reported a position in TWX in Q4 2013 and held it in 8 quarters. The position peaked at $22.8M in Q2 2015. 937 funds tracked by Wall St. Rank hold TWX as of Q4 2015.

Michael & Susan Dell Foundation reported no remaining Time Warner Inc position as of Q4 2015 after selling out during the quarter.
Michael & Susan Dell Foundation sold 316,947 Time Warner Inc shares in Q4 2015, an estimated $21.8M.
Michael & Susan Dell Foundation first reported a position in Time Warner Inc in Q4 2013 and held it in 8 quarters.
Michael & Susan Dell Foundation's Time Warner Inc position peaked at $22.8M in Q2 2015.
937 funds tracked by Wall St. Rank held Time Warner Inc as of Q4 2015.

Based on Michael & Susan Dell Foundation's 13F filing for Q4 2015, filed 16 Feb 2016.