Norges Bank’s TOWERS WATSON & CO COM STK CL A (DE) TW Stock Holding History

Norges Bank’s Portfolio TW Stock Details TW Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-603,289	Closed	-$77.5M	–	2259
2015 Q4	$77.5M	Buy	603,289 +6,311	+1%	+$807K	0.04%	451
2015 Q3	$70.1M	Buy	596,978 +36,697	+7%	+$4.54M	0.04%	466
2015 Q2	$70.5M	Hold	560,281	–	–	0.04%	496
2015 Q1	$74.1M	Buy	560,281 +10,802	+2%	+$1.35M	0.04%	494
2014 Q4	$62.2M	Hold	549,479	–	–	0.03%	537
2014 Q3	$54.7M	Sell	549,479 -549,479	-50%	-$58M	0.03%	580
2014 Q2	$115M	Buy	1,098,958 +549,479	+100%	+$60.1M	0.03%	560
2014 Q1	$62.7M	Hold	549,479	–	–	0.04%	482
2013 Q4	$70.1M	Sell	549,479 -17,631	-3%	-$2.05M	0.04%	422
2013 Q3	$60.7M	Hold	567,110	–	–	0.04%	496
2013 Q2	$46.5M	Buy	+567,110	New	+$42.7M	0.03%	552

Other funds holding TW

MAM

Mizuho Asset Management Tokyo, Japan $462M AUM 15.39% 1-Year Est. Return

HNB

Huntington National Bank Columbus, Ohio $18.1B AUM 24.69% 1-Year Est. Return

Norges Bank's TW Position: Q1 2016 in Review

Norges Bank sold out of TOWERS WATSON & CO COM STK CL A (DE) (TW) in Q1 2016, closing a stake of 603,289 shares — an estimated $77.5M sold.

Norges Bank first reported a position in TW in Q2 2013 and held it in 11 quarters. The position peaked at $115M in Q2 2014. 2 funds tracked by Wall St. Rank hold TW as of Q1 2016.

Norges Bank reported no remaining TOWERS WATSON & CO COM STK CL A (DE) position as of Q1 2016 after selling out during the quarter.
Norges Bank sold 603,289 TOWERS WATSON & CO COM STK CL A (DE) shares in Q1 2016, an estimated $77.5M.
Norges Bank first reported a position in TOWERS WATSON & CO COM STK CL A (DE) in Q2 2013 and held it in 11 quarters.
Norges Bank's TOWERS WATSON & CO COM STK CL A (DE) position peaked at $115M in Q2 2014.
2 funds tracked by Wall St. Rank held TOWERS WATSON & CO COM STK CL A (DE) as of Q1 2016.

Based on Norges Bank's 13F filing for Q1 2016, filed 10 May 2016.