Pennant Capital Management’s Union Pacific UNP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-1,376,198	Closed	-$107M	–	53
2013 Q3	$107M	Sell	1,376,198 -372,328	-21%	-$28.9M	1.92%	25
2013 Q2	$135M	Buy	+1,748,526	New	+$135M	2.51%	19