Novo Holdings A/S’s Vanguard FTSE Europe ETF VGK Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-2,101,000	Closed	-$101M	–	23
2016 Q4	$101M	Hold	2,101,000	–	–	9.59%	4
2016 Q3	$102M	Hold	2,101,000	–	–	9.09%	5
2016 Q2	$98M	Hold	2,101,000	–	–	10.29%	4
2016 Q1	$102M	Hold	2,101,000	–	–	11.17%	4
2015 Q4	$105M	Hold	2,101,000	–	–	10.07%	4
2015 Q3	$103M	Hold	2,101,000	–	–	10.68%	4
2015 Q2	$113M	Hold	2,101,000	–	–	8.16%	5
2015 Q1	$114M	Hold	2,101,000	–	–	9.69%	3
2014 Q4	$110M	Hold	2,101,000	–	–	8.91%	4
2014 Q3	$116M	Hold	2,101,000	–	–	11.31%	3
2014 Q2	$126M	Hold	2,101,000	–	–	12.46%	3
2014 Q1	$124M	Hold	2,101,000	–	–	15.27%	3
2013 Q4	$124M	Hold	2,101,000	–	–	18.14%	3
2013 Q3	$115M	Sell	2,101,000 -1,942,000	-48%	-$102M	28.36%	2
2013 Q2	$195M	Buy	+4,043,000	New	+$205M	32.59%	2