Renaissance Group’s Telefônica Brasil VIV Stock Holding History

Renaissance Group’s Portfolio VIV Stock Details VIV Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-554,221	Closed	-$5.06M	–	301
2015 Q3	$5.06M	Sell	554,221 -209,165	-27%	-$2.46M	0.2%	114
2015 Q2	$10.6M	Buy	763,386 +92,731	+14%	+$1.38M	0.41%	108
2015 Q1	$10.3M	Buy	670,655 +108,650	+19%	+$1.92M	0.39%	109
2014 Q4	$9.94M	Sell	562,005 -65,809	-10%	-$1.25M	0.39%	98
2014 Q3	$12.4M	Buy	627,814 +17,040	+3%	+$345K	0.49%	94
2014 Q2	$12.5M	Buy	610,774 +15,321	+3%	+$316K	0.48%	96
2014 Q1	$12.6M	Buy	595,453 +164,946	+38%	+$3.16M	0.5%	93
2013 Q4	$8.27M	Sell	430,507 -1,791	-0.4%	-$36.4K	0.33%	105
2013 Q3	$9.7M	Buy	432,298 +21,379	+5%	+$460K	0.41%	103
2013 Q2	$9.38M	Buy	+410,919	New	+$10.5M	0.43%	100

Other funds holding VIV

Artisan Partners Milwaukee, Wisconsin $63.1B AUM 35.51% 1-Year Est. Return

BIP

Brandes Investment Partners La Jolla, California $14.3B AUM 23.11% 1-Year Est. Return

TIM

Thornburg Investment Management Santa Fe, New Mexico $10.5B AUM 30.38% 1-Year Est. Return

Schroder Investment Management Group London, United Kingdom $141B AUM 34.18% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Grantham, Mayo, Van Otterloo & Co (GMO) Boston, Massachusetts $44.4B AUM 36.05% 1-Year Est. Return

Macquarie Group Sydney, NSW 2000, Australia $23.2B AUM 40.19% 1-Year Est. Return

Pzena Investment Management New York $34.1B AUM 23.81% 1-Year Est. Return

RFC

Russell Frank Company Seattle, Washington $56.9B AUM 2.13% 1-Year Est. Return

AAM

Aberdeen Asset Management Aberdeen, United Kingdom $30B AUM 22.46% 1-Year Est. Return

Renaissance Group's VIV Position: Q4 2015 in Review

Renaissance Group sold out of Telefônica Brasil (VIV) in Q4 2015, closing a stake of 554,221 shares — an estimated $5.06M sold.

Renaissance Group first reported a position in VIV in Q2 2013 and held it in 10 quarters. The position peaked at $12.6M in Q1 2014. 172 funds tracked by Wall St. Rank hold VIV as of Q4 2015.

Renaissance Group reported no remaining Telefônica Brasil position as of Q4 2015 after selling out during the quarter.
Renaissance Group sold 554,221 Telefônica Brasil shares in Q4 2015, an estimated $5.06M.
Renaissance Group first reported a position in Telefônica Brasil in Q2 2013 and held it in 10 quarters.
Renaissance Group's Telefônica Brasil position peaked at $12.6M in Q1 2014.
172 funds tracked by Wall St. Rank held Telefônica Brasil as of Q4 2015.

Based on Renaissance Group's 13F filing for Q4 2015, filed 8 Feb 2016.