North Run Capital’s Macy's M Stock Holding History

North Run Capital’s Portfolio M Stock Details M Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q2	–	Sell	-650,000	Closed	-$28.7M	–	30
2016 Q1	$28.7M	Buy	+650,000	New	+$26.9M	3.93%	13
2015 Q4	–	Sell	-1,650,000	Closed	-$84.7M	–	35
2015 Q3	$84.7M	Buy	1,650,000 +650,000	+65%	+$40.8M	8.31%	3
2015 Q2	$67.5M	Buy	1,000,000 +250,000	+33%	+$16.9M	6.62%	5
2015 Q1	$48.7M	Buy	+750,000	New	+$48.3M	5.33%	9

Other funds holding M

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

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

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

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

BIT

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

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

BFA

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

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

North Run Capital's M Position: Q2 2016 in Review

North Run Capital sold out of Macy's (M) in Q2 2016, closing a stake of 650,000 shares — an estimated $28.7M sold.

North Run Capital first reported a position in M in Q1 2015 and held it in 4 quarters. The position peaked at $84.7M in Q3 2015. 625 funds tracked by Wall St. Rank hold M as of Q2 2016.

North Run Capital reported no remaining Macy's position as of Q2 2016 after selling out during the quarter.
North Run Capital sold 650,000 Macy's shares in Q2 2016, an estimated $28.7M.
North Run Capital first reported a position in Macy's in Q1 2015 and held it in 4 quarters.
North Run Capital's Macy's position peaked at $84.7M in Q3 2015.
625 funds tracked by Wall St. Rank held Macy's as of Q2 2016.

Based on North Run Capital's 13F filing for Q2 2016, filed 12 Aug 2016.