Paulson & Co’s Hess HES Stock Holding History

Paulson & Co’s Portfolio HES Stock Details HES Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-1,750,000	Closed	-$145M	–	86
2014 Q1	$145M	Sell	1,750,000 -2,898,600	-62%	-$230M	0.71%	40
2013 Q4	$386M	Hold	4,648,600	–	–	1.9%	17
2013 Q3	$360M	Hold	4,648,600	–	–	2.32%	14
2013 Q2	$309M	Buy	+4,648,600	New	+$322M	2.18%	17

Other funds holding HES

Elliott Management New York $11.8B AUM 20.29% 1-Year Est. Return

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

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

MNA

Manning & Napier Advisors Fairport, New York $7.09B AUM 17.35% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

BIT

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

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

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

Norges Bank Oslo, Norway $935B AUM

Paulson & Co's HES Position: Q2 2014 in Review

Paulson & Co sold out of Hess (HES) in Q2 2014, closing a stake of 1,750,000 shares — an estimated $145M sold.

Paulson & Co first reported a position in HES in Q2 2013 and held it in 4 quarters. The position peaked at $386M in Q4 2013. 660 funds tracked by Wall St. Rank hold HES as of Q2 2014.

Paulson & Co reported no remaining Hess position as of Q2 2014 after selling out during the quarter.
Paulson & Co sold 1,750,000 Hess shares in Q2 2014, an estimated $145M.
Paulson & Co first reported a position in Hess in Q2 2013 and held it in 4 quarters.
Paulson & Co's Hess position peaked at $386M in Q4 2013.
660 funds tracked by Wall St. Rank held Hess as of Q2 2014.

Based on Paulson & Co's 13F filing for Q2 2014, filed 14 Aug 2014.