PAR Capital Management’s McKesson MCK Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-3,300,000	Closed	-$438M	–	69
2018 Q3	$438M	Sell	3,300,000 -876,500	-21%	-$114M	5.02%	4
2018 Q2	$557M	Hold	4,176,500	–	–	6.27%	4
2018 Q1	$588M	Hold	4,176,500	–	–	6.46%	4
2017 Q4	$651M	Buy	4,176,500 +400,300	+11%	+$59.3M	7.28%	4
2017 Q3	$580M	Buy	3,776,200 +510,000	+16%	+$79.6M	6.59%	4
2017 Q2	$537M	Buy	3,266,200 +586,200	+22%	+$88.9M	6.04%	4
2017 Q1	$397M	Buy	2,680,000 +679,350	+34%	+$99.5M	4.83%	6
2016 Q4	$281M	Buy	2,000,650 +940,650	+89%	+$138M	3.67%	6
2016 Q3	$177M	Buy	1,060,000 +60,000	+6%	+$11.2M	2.55%	12
2016 Q2	$187M	Hold	1,000,000	–	–	3.1%	9
2016 Q1	$157M	Buy	+1,000,000	New	+$162M	2.52%	11

Other funds holding MCK

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

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

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

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

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

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

Boston Partners Boston, Massachusetts $95.5B AUM 28.4% 1-Year Est. Return

GCM

Glenview Capital Management New York $3.98B AUM 20.52% 1-Year Est. Return

VVP

Vulcan Value Partners Birmingham, Alabama $3.77B AUM 9.63% 1-Year Est. Return

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

PAR Capital Management's MCK Position: Q4 2018 in Review

PAR Capital Management sold out of McKesson (MCK) in Q4 2018, closing a stake of 3,300,000 shares — an estimated $438M sold.

PAR Capital Management first reported a position in MCK in Q1 2016 and held it in 11 quarters. The position peaked at $651M in Q4 2017. 855 funds tracked by Wall St. Rank hold MCK as of Q4 2018.

PAR Capital Management reported no remaining McKesson position as of Q4 2018 after selling out during the quarter.
PAR Capital Management sold 3,300,000 McKesson shares in Q4 2018, an estimated $438M.
PAR Capital Management first reported a position in McKesson in Q1 2016 and held it in 11 quarters.
PAR Capital Management's McKesson position peaked at $651M in Q4 2017.
855 funds tracked by Wall St. Rank held McKesson as of Q4 2018.

Based on PAR Capital Management's 13F filing for Q4 2018, filed 14 Feb 2019.