Pennant Capital Management’s Constellation Brands STZ Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q2	–	Sell	-444,996	Closed	-$79.2M	–	53
2017 Q1	$72.1M	Buy	444,996 +117,400	+36%	+$18.3M	3.42%	10
2016 Q4	$50.2M	Sell	327,596 -343,780	-51%	-$54.6M	1.95%	22
2016 Q3	$112M	Sell	671,376 -120,100	-15%	-$19.8M	3.91%	7
2016 Q2	$131M	Sell	791,476 -90,853	-10%	-$14.2M	3.36%	11
2016 Q1	$133M	Sell	882,329 -374,700	-30%	-$54.1M	3.81%	8
2015 Q4	$179M	Sell	1,257,029 -798,600	-39%	-$110M	4.55%	5
2015 Q3	$257M	Sell	2,055,629 -307,500	-13%	-$37.9M	5.44%	3
2015 Q2	$274M	Sell	2,363,129 -432,595	-15%	-$51.1M	5.45%	2
2015 Q1	$325M	Sell	2,795,724 -233,843	-8%	-$26.3M	6.09%	2
2014 Q4	$297M	Hold	3,029,567	–	–	5.58%	3
2014 Q3	$264M	Sell	3,029,567 -160,000	-5%	-$13.9M	4.62%	4
2014 Q2	$281M	Hold	3,189,567	–	–	5.04%	3
2014 Q1	$271M	Hold	3,189,567	–	–	4.61%	5
2013 Q4	$224M	Sell	3,189,567 -98,200	-3%	-$6.56M	3.84%	8
2013 Q3	$189M	Buy	3,287,767 +2,052,427	+166%	+$112M	3.38%	13
2013 Q2	$64.4M	Buy	+1,235,340	New	+$62.3M	1.2%	28

Other funds holding STZ

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

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

LPC

Lone Pine Capital Greenwich, Connecticut $12.5B AUM 54.4% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

KCM

Kensico Capital Management Greenwich, Connecticut $4.9B AUM 41.26% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $303B AUM 30.15% 1-Year Est. Return

SCP

Soroban Capital Partners New York $51.8B AUM 21.41% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Pennant Capital Management's STZ Position: Q2 2017 in Review

Pennant Capital Management sold out of Constellation Brands (STZ) in Q2 2017, closing a stake of 444,996 shares — an estimated $79.2M sold.

Pennant Capital Management first reported a position in STZ in Q2 2013 and held it in 16 quarters. The position peaked at $325M in Q1 2015. 771 funds tracked by Wall St. Rank hold STZ as of Q2 2017.

Pennant Capital Management reported no remaining Constellation Brands position as of Q2 2017 after selling out during the quarter.
Pennant Capital Management sold 444,996 Constellation Brands shares in Q2 2017, an estimated $79.2M.
Pennant Capital Management first reported a position in Constellation Brands in Q2 2013 and held it in 16 quarters.
Pennant Capital Management's Constellation Brands position peaked at $325M in Q1 2015.
771 funds tracked by Wall St. Rank held Constellation Brands as of Q2 2017.

Based on Pennant Capital Management's 13F filing for Q2 2017, filed 14 Aug 2017.