Pennant Capital Management’s CDK Global, Inc. CDK Stock Holding History

Pennant Capital Management’s Portfolio CDK Stock Details CDK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-100,000	Closed	-$6.33M	–	23
2018 Q1	$6.33M	Sell	100,000 -454,103	-82%	-$31.8M	2.9%	15
2017 Q4	$39.5M	Buy	554,103 +179,803	+48%	+$12.1M	3.58%	14
2017 Q3	$23.6M	Buy	+374,300	New	+$23.6M	1.45%	26

Other funds holding CDK

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

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

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

SIG

Senator Investment Group New York $2.18B AUM 58.56% 1-Year Est. Return

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

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

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Pennant Capital Management's CDK Position: Q2 2018 in Review

Pennant Capital Management sold out of CDK Global, Inc. (CDK) in Q2 2018, closing a stake of 100,000 shares — an estimated $6.33M sold.

Pennant Capital Management first reported a position in CDK in Q3 2017 and held it in 3 quarters. The position peaked at $39.5M in Q4 2017. 602 funds tracked by Wall St. Rank hold CDK as of Q2 2018.

Pennant Capital Management reported no remaining CDK Global, Inc. position as of Q2 2018 after selling out during the quarter.
Pennant Capital Management sold 100,000 CDK Global, Inc. shares in Q2 2018, an estimated $6.33M.
Pennant Capital Management first reported a position in CDK Global, Inc. in Q3 2017 and held it in 3 quarters.
Pennant Capital Management's CDK Global, Inc. position peaked at $39.5M in Q4 2017.
602 funds tracked by Wall St. Rank held CDK Global, Inc. as of Q2 2018.

Based on Pennant Capital Management's 13F filing for Q2 2018, filed 14 Aug 2018.