Okumus Fund Management’s Shutterfly, Inc. SFLY Stock Holding History

Okumus Fund Management’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
2019 Q3	–	Sell	-974,573	Closed	-$49.3M	–	10
2019 Q2	$49.3M	Sell	974,573 -655,406	-40%	-$29.9M	12.5%	5
2019 Q1	$66.2M	Sell	1,629,979 -100	-0%	-$4.39K	14.79%	4
2018 Q4	$65.6M	Buy	+1,630,079	New	+$85.6M	12.37%	4

Other funds holding SFLY

DekaBank Deutsche Girozentrale Frankfurt, Germany $60.6B AUM 23.27% 1-Year Est. Return

ASN

Advisory Services Network Atlanta, Georgia $7.52B AUM 29.01% 1-Year Est. Return

Okumus Fund Management's SFLY Position: Q3 2019 in Review

Okumus Fund Management sold out of Shutterfly, Inc. (SFLY) in Q3 2019, closing a stake of 974,573 shares — an estimated $49.3M sold.

Okumus Fund Management first reported a position in SFLY in Q4 2018 and held it in 3 quarters. The position peaked at $66.2M in Q1 2019. 2 funds tracked by Wall St. Rank hold SFLY as of Q3 2019.

Okumus Fund Management reported no remaining Shutterfly, Inc. position as of Q3 2019 after selling out during the quarter.
Okumus Fund Management sold 974,573 Shutterfly, Inc. shares in Q3 2019, an estimated $49.3M.
Okumus Fund Management first reported a position in Shutterfly, Inc. in Q4 2018 and held it in 3 quarters.
Okumus Fund Management's Shutterfly, Inc. position peaked at $66.2M in Q1 2019.
2 funds tracked by Wall St. Rank held Shutterfly, Inc. as of Q3 2019.

Based on Okumus Fund Management's 13F filing for Q3 2019, filed 14 Nov 2019.