Penn Capital Management’s Forest City Realty Trust, Inc. FCE.A Stock Holding History

Penn Capital Management’s Portfolio FCE.A Stock Details FCE.A Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-104,236	Closed	-$2.33M	–	316
2016 Q2	$2.33M	Sell	104,236 -106,088	-50%	-$2.31M	0.13%	167
2016 Q1	$4.44M	Buy	210,324 +29,495	+16%	+$579K	0.25%	131
2015 Q4	$3.97M	Sell	180,829 -81,086	-31%	-$1.77M	0.17%	162
2015 Q3	$5.27M	Sell	261,915 -13,769	-5%	-$304K	0.28%	142
2015 Q2	$6.09M	Sell	275,684 -92,864	-25%	-$2.2M	0.25%	156
2015 Q1	$9.4M	Buy	368,548 +109,368	+42%	+$2.68M	0.37%	102
2014 Q4	$5.52M	Buy	+259,180	New	+$5.39M	0.23%	149

Other funds holding FCE.A

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

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

SCM

Scopia Capital Management New York $112M AUM 48.41% 1-Year Est. Return

CI Investments Inc Toronto, Ontario, Canada $31.2B AUM 40.61% 1-Year Est. Return

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

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

Principal Financial Group Des Moines, Iowa $204B AUM 27.99% 1-Year Est. Return

State Street Boston, Massachusetts $3.38T AUM 44.17% 1-Year Est. Return

Eminence Capital New York $4.36B AUM 3.1% 1-Year Est. Return

TAM

Third Avenue Management New York $625M AUM 48.93% 1-Year Est. Return

Penn Capital Management's FCE.A Position: Q3 2016 in Review

Penn Capital Management sold out of Forest City Realty Trust, Inc. (FCE.A) in Q3 2016, closing a stake of 104,236 shares — an estimated $2.33M sold.

Penn Capital Management first reported a position in FCE.A in Q4 2014 and held it in 7 quarters. The position peaked at $9.4M in Q1 2015. 240 funds tracked by Wall St. Rank hold FCE.A as of Q3 2016.

Penn Capital Management reported no remaining Forest City Realty Trust, Inc. position as of Q3 2016 after selling out during the quarter.
Penn Capital Management sold 104,236 Forest City Realty Trust, Inc. shares in Q3 2016, an estimated $2.33M.
Penn Capital Management first reported a position in Forest City Realty Trust, Inc. in Q4 2014 and held it in 7 quarters.
Penn Capital Management's Forest City Realty Trust, Inc. position peaked at $9.4M in Q1 2015.
240 funds tracked by Wall St. Rank held Forest City Realty Trust, Inc. as of Q3 2016.

Based on Penn Capital Management's 13F filing for Q3 2016, filed 15 Nov 2016.