PAR Capital Management’s Just Eat Takeaway.com N.V. American Depositary Shares GRUB Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q4	–	Sell	-175,000	Closed	-$19.7M	–	53
2019 Q3	$19.7M	Hold	175,000	–	–	0.34%	29
2019 Q2	$27.3M	Buy	+175,000	New	+$23.8M	0.46%	26
2018 Q3	–	Sell	-1,415,700	Closed	-$297M	–	85
2018 Q2	$297M	Sell	1,415,700 -1,068,450	-43%	-$221M	3.34%	5
2018 Q1	$504M	Hold	2,484,150	–	–	5.54%	5
2017 Q4	$357M	Sell	2,484,150 -510,700	-17%	-$64.1M	3.99%	5
2017 Q3	$315M	Sell	2,994,850 -363,650	-11%	-$37.2M	3.58%	5
2017 Q2	$293M	Hold	3,358,500	–	–	3.29%	7
2017 Q1	$221M	Buy	3,358,500 +631,000	+23%	+$46.6M	2.69%	9
2016 Q4	$205M	Hold	2,727,500	–	–	2.68%	8
2016 Q3	$235M	Hold	2,727,500	–	–	3.39%	7
2016 Q2	$169M	Hold	2,727,500	–	–	2.81%	12
2016 Q1	$137M	Buy	2,727,500 +1,407,564	+107%	+$62.2M	2.2%	15
2015 Q4	$63.9M	Buy	1,319,936 +1,209,936	+1,100%	+$63.2M	1.18%	23
2015 Q3	$5.36M	Buy	+110,000	New	+$6.4M	0.11%	62

Other funds holding GRUB

CIA

Caledonia Investments (Australia) Sydney NSW, Australia $3.44B AUM 20.03% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

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

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

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

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

Carmignac Gestion Paris, France $6.51B AUM 19.13% 1-Year Est. Return

Nuveen Charlotte, North Carolina $369B AUM 31.66% 1-Year Est. Return

First Trust Advisors Wheaton, Illinois $140B AUM 27.84% 1-Year Est. Return

PAR Capital Management's GRUB Position: Q4 2019 in Review

PAR Capital Management sold out of Just Eat Takeaway.com N.V. American Depositary Shares (GRUB) in Q4 2019, closing a stake of 175,000 shares — an estimated $19.7M sold.

PAR Capital Management first reported a position in GRUB in Q3 2015 and held it in 14 quarters. The position peaked at $504M in Q1 2018. 279 funds tracked by Wall St. Rank hold GRUB as of Q4 2019.

PAR Capital Management reported no remaining Just Eat Takeaway.com N.V. American Depositary Shares position as of Q4 2019 after selling out during the quarter.
PAR Capital Management sold 175,000 Just Eat Takeaway.com N.V. American Depositary Shares shares in Q4 2019, an estimated $19.7M.
PAR Capital Management first reported a position in Just Eat Takeaway.com N.V. American Depositary Shares in Q3 2015 and held it in 14 quarters.
PAR Capital Management's Just Eat Takeaway.com N.V. American Depositary Shares position peaked at $504M in Q1 2018.
279 funds tracked by Wall St. Rank held Just Eat Takeaway.com N.V. American Depositary Shares as of Q4 2019.

Based on PAR Capital Management's 13F filing for Q4 2019, filed 14 Feb 2020.