Perry Capital’s Hess HES Stock Holding History

Perry Capital’s Portfolio HES Stock Details HES Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-3,012,000	Closed	-$250M	–	26
2013 Q4	$250M	Sell	3,012,000 -188,000	-6%	-$15.3M	7.32%	5
2013 Q3	$247M	Hold	3,200,000	–	–	6.19%	7
2013 Q2	$213M	Buy	+3,200,000	New	+$221M	5.44%	6

Other funds holding HES

Elliott Management New York $11.8B AUM 20.29% 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

MNA

Manning & Napier Advisors Fairport, New York $7.09B AUM 17.35% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

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

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

FTCM

Fir Tree Capital Management New York $21.8M AUM 1.61% 1-Year Est. Return

Perry Capital's HES Position: Q1 2014 in Review

Perry Capital sold out of Hess (HES) in Q1 2014, closing a stake of 3,012,000 shares — an estimated $250M sold.

Perry Capital first reported a position in HES in Q2 2013 and held it in 3 quarters. The position peaked at $250M in Q4 2013. 644 funds tracked by Wall St. Rank hold HES as of Q1 2014.

Perry Capital reported no remaining Hess position as of Q1 2014 after selling out during the quarter.
Perry Capital sold 3,012,000 Hess shares in Q1 2014, an estimated $250M.
Perry Capital first reported a position in Hess in Q2 2013 and held it in 3 quarters.
Perry Capital's Hess position peaked at $250M in Q4 2013.
644 funds tracked by Wall St. Rank held Hess as of Q1 2014.

Based on Perry Capital's 13F filing for Q1 2014, filed 14 May 2014.