North Run Capital’s Shutterfly, Inc. SFLY Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q2	–	Sell	-625,000	Closed	-$29M	–	33
2016 Q1	$29M	Sell	625,000 -50,000	-7%	-$2.13M	3.97%	12
2015 Q4	$30.1M	Sell	675,000 -100,000	-13%	-$4.29M	3.55%	13
2015 Q3	$27.7M	Sell	775,000 -225,000	-23%	-$9.39M	2.72%	16
2015 Q2	$47.8M	Buy	+1,000,000	New	+$46.4M	4.69%	10

Other funds holding SFLY

Primecap Management Pasadena, California $127B AUM 44.11% 1-Year Est. Return

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

EAM

EastBay Asset Management New York $27.9M AUM 37.2% 1-Year Est. Return

MPEM

Marathon Partners Equity Management New York $88.3M AUM 20.65% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

FCP

Fine Capital Partners New York $563M AUM 7.48% 1-Year Est. Return

PCP

P2 Capital Partners New York $210M AUM 1.23% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

BIT

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

PWAM

Park West Asset Management San Francisco, California $1.18B AUM 47.25% 1-Year Est. Return

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

North Run Capital sold out of Shutterfly, Inc. (SFLY) in Q2 2016, closing a stake of 625,000 shares — an estimated $29M sold.

North Run Capital first reported a position in SFLY in Q2 2015 and held it in 4 quarters. The position peaked at $47.8M in Q2 2015. 163 funds tracked by Wall St. Rank hold SFLY as of Q2 2016.

North Run Capital reported no remaining Shutterfly, Inc. position as of Q2 2016 after selling out during the quarter.
North Run Capital sold 625,000 Shutterfly, Inc. shares in Q2 2016, an estimated $29M.
North Run Capital first reported a position in Shutterfly, Inc. in Q2 2015 and held it in 4 quarters.
North Run Capital's Shutterfly, Inc. position peaked at $47.8M in Q2 2015.
163 funds tracked by Wall St. Rank held Shutterfly, Inc. as of Q2 2016.

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