Orange Capital’s STRATEGIC HOTELS & RESORTS, INC BEE Stock Holding History

Orange Capital’s Portfolio BEE Stock Details BEE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-2,803,614	Closed	-$28.6M	–	17
2014 Q1	$28.6M	Sell	2,803,614 -5,492,037	-66%	-$53.5M	2.48%	12
2013 Q4	$78.4M	Buy	8,295,651 +735,687	+10%	+$6.51M	6.23%	3
2013 Q3	$65.6M	Hold	7,559,964	–	–	6.51%	3
2013 Q2	$67M	Buy	+7,559,964	New	+$62.2M	7.58%	2

Other funds holding BEE

Cohen & Steers New York $63.2B AUM 17.15% 1-Year Est. Return

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

BIT

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

CIMLRA

CBRE Investment Management Listed Real Assets Radnor, Pennsylvania $7.18B AUM 18.15% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $344B AUM 42.99% 1-Year Est. Return

Daiwa Securities Group Tokyo, Japan $51.1B AUM 35.55% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $204B AUM 27.99% 1-Year Est. Return

BFA

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

Orange Capital's BEE Position: Q2 2014 in Review

Orange Capital sold out of STRATEGIC HOTELS & RESORTS, INC (BEE) in Q2 2014, closing a stake of 2,803,614 shares — an estimated $28.6M sold.

Orange Capital first reported a position in BEE in Q2 2013 and held it in 4 quarters. The position peaked at $78.4M in Q4 2013. 211 funds tracked by Wall St. Rank hold BEE as of Q2 2014.

Orange Capital reported no remaining STRATEGIC HOTELS & RESORTS, INC position as of Q2 2014 after selling out during the quarter.
Orange Capital sold 2,803,614 STRATEGIC HOTELS & RESORTS, INC shares in Q2 2014, an estimated $28.6M.
Orange Capital first reported a position in STRATEGIC HOTELS & RESORTS, INC in Q2 2013 and held it in 4 quarters.
Orange Capital's STRATEGIC HOTELS & RESORTS, INC position peaked at $78.4M in Q4 2013.
211 funds tracked by Wall St. Rank held STRATEGIC HOTELS & RESORTS, INC as of Q2 2014.

Based on Orange Capital's 13F filing for Q2 2014, filed 14 Aug 2014.