Pentwater Capital Management’s Herbalife HLF Stock Holding History

Pentwater Capital Management’s Portfolio HLF Stock Details HLF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-1,900,000	Closed	-$40.6M	–	174
2015 Q1	$40.6M	Buy	1,900,000 +1,829,400	+2,591%	+$31.2M	0.3%	46
2014 Q4	$1.33M	Sell	70,600 -9,400	-12%	-$201K	0.01%	129
2014 Q3	$1.75M	Buy	+80,000	New	+$2.14M	0.02%	149
2014 Q1	–	Sell	-500,000	Closed	-$19.7M	–	130
2013 Q4	$19.7M	Sell	500,000 -120,000	-19%	-$4.16M	0.57%	38
2013 Q3	$21.6M	Buy	620,000 +400,000	+182%	+$12.4M	0.6%	34
2013 Q2	$4.96M	Buy	+220,000	New	+$4.68M	0.11%	72

Other funds holding HLF

Icahn Carl Sunny Isles Beach, Florida $8.55B AUM 29.29% 1-Year Est. Return

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

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

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

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

D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return

ROIC

Route One Investment Company San Francisco, California $2.35B AUM 11.7% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

AJO LP Philadelphia, Pennsylvania $199M AUM 109.68% 1-Year Est. Return

DVI

Deccan Value Investors Greenwich, Connecticut $84.6M AUM 57.32% 1-Year Est. Return

Pentwater Capital Management's HLF Position: Q1 2016 in Review

Pentwater Capital Management sold out of Herbalife (HLF) in Q1 2016, closing a stake of 120,000 shares — an estimated $3.22M sold.

Pentwater Capital Management first reported a position in HLF in Q3 2013 and held it in 9 quarters. The position peaked at $8.44M in Q1 2015. 227 funds tracked by Wall St. Rank hold HLF as of Q1 2016.

Pentwater Capital Management reported no remaining Herbalife position as of Q1 2016 after selling out during the quarter.
Pentwater Capital Management sold 120,000 Herbalife shares in Q1 2016, an estimated $3.22M.
Pentwater Capital Management first reported a position in Herbalife in Q3 2013 and held it in 9 quarters.
Pentwater Capital Management's Herbalife position peaked at $8.44M in Q1 2015.
227 funds tracked by Wall St. Rank held Herbalife as of Q1 2016.

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