PAR Capital Management’s Q2 Holdings QTWO Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-165,000	Closed	-$6.87M	–	84
2017 Q3	$6.87M	Hold	165,000	–	–	0.08%	68
2017 Q2	$6.1M	Hold	165,000	–	–	0.07%	67
2017 Q1	$5.75M	Hold	165,000	–	–	0.07%	66
2016 Q4	$4.76M	Hold	165,000	–	–	0.06%	67
2016 Q3	$4.73M	Hold	165,000	–	–	0.07%	72
2016 Q2	$4.62M	Hold	165,000	–	–	0.08%	67
2016 Q1	$3.97M	Buy	165,000 +10,000	+6%	+$215K	0.06%	69
2015 Q4	$4.09M	Hold	155,000	–	–	0.08%	69
2015 Q3	$3.83M	Buy	155,000 +30,000	+24%	+$830K	0.08%	71
2015 Q2	$3.53M	Buy	125,000 +17,900	+17%	+$418K	0.08%	65
2015 Q1	$2.26M	Buy	+107,100	New	+$2.11M	0.05%	66

Other funds holding QTWO

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

ASP

Adams Street Partners Chicago, Illinois $443M AUM 49.46% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Artisan Partners Milwaukee, Wisconsin $63.1B AUM 35.51% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

TCM

TimesSquare Capital Management New York $6.8B AUM 45.85% 1-Year Est. Return

Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return

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

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

OppenheimerFunds New York $80.4B AUM 15.1% 1-Year Est. Return

PAR Capital Management's QTWO Position: Q4 2017 in Review

PAR Capital Management sold out of Q2 Holdings (QTWO) in Q4 2017, closing a stake of 165,000 shares — an estimated $6.87M sold.

PAR Capital Management first reported a position in QTWO in Q1 2015 and held it in 11 quarters. The position peaked at $6.87M in Q3 2017. 163 funds tracked by Wall St. Rank hold QTWO as of Q4 2017.

PAR Capital Management reported no remaining Q2 Holdings position as of Q4 2017 after selling out during the quarter.
PAR Capital Management sold 165,000 Q2 Holdings shares in Q4 2017, an estimated $6.87M.
PAR Capital Management first reported a position in Q2 Holdings in Q1 2015 and held it in 11 quarters.
PAR Capital Management's Q2 Holdings position peaked at $6.87M in Q3 2017.
163 funds tracked by Wall St. Rank held Q2 Holdings as of Q4 2017.

Based on PAR Capital Management's 13F filing for Q4 2017, filed 14 Feb 2018.