RI
HES

Relational Investors’s Hess HES Stock Holding History

Relational Investors’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
Q3 		– Sell
-3,023,428
Closed -$299M – 14
2014
Q2 		$299M Sell
3,023,428
-142,067
-4% -$12.8M 4.55% 11
2014
Q1 		$262M Sell
3,165,495
-46,775
-1% -$3.72M 4.2% 10
2013
Q4 		$267M Sell
3,212,270
-1,360,863
-30% -$111M 4.56% 10
2013
Q3 		$354M Buy
4,573,133
+15,906
+0.3% +$1.18M 5.91% 8
2013
Q2 		$303M Buy
+4,557,227
New +$315M 5.4% 8

Other funds holding HES

EM
Elliott Management New York $11.8B AUM 20.29% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
T. Rowe Price Associates
T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
AllianceBernstein
AllianceBernstein Nashville, Tennessee $302B AUM 26.44% 1-Year Est. Return
BIT
BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return
MNA
Manning & Napier Advisors Fairport, New York $7.8B AUM 25.03% 1-Year Est. Return
Bank of America
Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return
Bank of New York Mellon
Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

Relational Investors's HES Position: Q3 2014 in Review

Relational Investors sold out of Hess (HES) in Q3 2014, closing a stake of 3,023,428 shares — an estimated $299M sold.

Relational Investors first reported a position in HES in Q2 2013 and held it in 5 quarters. The position peaked at $354M in Q3 2013. 654 funds tracked by Wall St. Rank hold HES as of Q3 2014.

  • Relational Investors reported no remaining Hess position as of Q3 2014 after selling out during the quarter.
  • Relational Investors sold 3,023,428 Hess shares in Q3 2014, an estimated $299M.
  • Relational Investors first reported a position in Hess in Q2 2013 and held it in 5 quarters.
  • Relational Investors's Hess position peaked at $354M in Q3 2013.
  • 654 funds tracked by Wall St. Rank held Hess as of Q3 2014.

Based on Relational Investors's 13F filing for Q3 2014, filed 14 Nov 2014.