PAR Capital Management’s Cigna CI Stock Holding History

PAR Capital Management’s Portfolio CI Stock Details CI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q2	–	Sell	-70,000	Closed	-$11.3M	–	53
2019 Q1	$11.3M	Hold	70,000	–	–	0.21%	33
2018 Q4	$13.3M	Hold	70,000	–	–	0.22%	40
2018 Q3	$14.6M	Buy	+70,000	New	+$13M	0.17%	59
2018 Q1	–	Sell	-1,000,000	Closed	-$203M	–	83
2017 Q4	$203M	Sell	1,000,000 -500,000	-33%	-$99.5M	2.27%	11
2017 Q3	$280M	Sell	1,500,000 -1,200,000	-44%	-$214M	3.19%	7
2017 Q2	$452M	Sell	2,700,000 -750,000	-22%	-$120M	5.08%	5
2017 Q1	$505M	Buy	3,450,000 +50,000	+1%	+$7.37M	6.14%	4
2016 Q4	$454M	Buy	3,400,000 +382,261	+13%	+$50M	5.93%	4
2016 Q3	$393M	Hold	3,017,739	–	–	5.68%	4
2016 Q2	$386M	Buy	3,017,739 +917,739	+44%	+$121M	6.41%	4
2016 Q1	$288M	Buy	2,100,000 +1,098,247	+110%	+$151M	4.62%	5
2015 Q4	$147M	Buy	1,001,753 +901,753	+902%	+$124M	2.7%	10
2015 Q3	$13.5M	Buy	+100,000	New	+$14.5M	0.28%	47

Other funds holding CI

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

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

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

Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return

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

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

PAR Capital Management's CI Position: Q2 2019 in Review

PAR Capital Management sold out of Cigna (CI) in Q2 2019, closing a stake of 70,000 shares — an estimated $11.3M sold.

PAR Capital Management first reported a position in CI in Q3 2015 and held it in 13 quarters. The position peaked at $505M in Q1 2017. 1,084 funds tracked by Wall St. Rank hold CI as of Q2 2019.

PAR Capital Management reported no remaining Cigna position as of Q2 2019 after selling out during the quarter.
PAR Capital Management sold 70,000 Cigna shares in Q2 2019, an estimated $11.3M.
PAR Capital Management first reported a position in Cigna in Q3 2015 and held it in 13 quarters.
PAR Capital Management's Cigna position peaked at $505M in Q1 2017.
1,084 funds tracked by Wall St. Rank held Cigna as of Q2 2019.

Based on PAR Capital Management's 13F filing for Q2 2019, filed 14 Aug 2019.