Pennant Capital Management’s Range Resources RRC Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-3,452,401	Closed	-$85M	–	43
2015 Q4	$85M	Buy	3,452,401 +1,044,485	+43%	+$31M	2.16%	26
2015 Q3	$77.3M	Buy	2,407,916 +344,000	+17%	+$13.4M	1.63%	27
2015 Q2	$102M	Sell	2,063,916 -306,400	-13%	-$17.5M	2.02%	24
2015 Q1	$123M	Buy	2,370,316 +535,000	+29%	+$26.5M	2.31%	20
2014 Q4	$98.1M	Hold	1,835,316	–	–	1.84%	22
2014 Q3	$124M	Buy	1,835,316 +342,300	+23%	+$26.1M	2.18%	22
2014 Q2	$130M	Hold	1,493,016	–	–	2.33%	21
2014 Q1	$124M	Sell	1,493,016 -120,000	-7%	-$10.2M	2.11%	25
2013 Q4	$136M	Sell	1,613,016 -58,400	-3%	-$4.54M	2.33%	24
2013 Q3	$127M	Sell	1,671,416 -73,300	-4%	-$5.72M	2.27%	22
2013 Q2	$135M	Buy	+1,744,716	New	+$133M	2.51%	18

Other funds holding RRC

SCP

SailingStone Capital Partners Houston, Texas $440M AUM 127.21% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

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

Sanders Capital West Palm Beach, Florida $83.9B AUM 37.89% 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

Viking Global Investors Stamford, Connecticut $35.7B AUM 21.3% 1-Year Est. Return

RCG

Ruane, Cunniff & Goldfarb New York $6.03B AUM 12.06% 1-Year Est. Return

SIM

Stelliam Investment Management New York $404M AUM 5.1% 1-Year Est. Return

SPO Advisory San Anselmo, California $2.11B AUM 14.87% 1-Year Est. Return

Pennant Capital Management's RRC Position: Q1 2016 in Review

Pennant Capital Management sold out of Range Resources (RRC) in Q1 2016, closing a stake of 3,452,401 shares — an estimated $85M sold.

Pennant Capital Management first reported a position in RRC in Q2 2013 and held it in 11 quarters. The position peaked at $136M in Q4 2013. 399 funds tracked by Wall St. Rank hold RRC as of Q1 2016.

Pennant Capital Management reported no remaining Range Resources position as of Q1 2016 after selling out during the quarter.
Pennant Capital Management sold 3,452,401 Range Resources shares in Q1 2016, an estimated $85M.
Pennant Capital Management first reported a position in Range Resources in Q2 2013 and held it in 11 quarters.
Pennant Capital Management's Range Resources position peaked at $136M in Q4 2013.
399 funds tracked by Wall St. Rank held Range Resources as of Q1 2016.

Based on Pennant Capital Management's 13F filing for Q1 2016, filed 16 May 2016.