River Road Asset Management’s Ziff Davis ZD Stock Holding History

River Road Asset Management’s Portfolio ZD Stock Details ZD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-883,945	Closed	-$63.3M	–	170
2015 Q4	$63.3M	Sell	883,945 -402,045	-31%	-$27.3M	1.1%	38
2015 Q3	$79.2M	Sell	1,285,990 -271,365	-17%	-$16.4M	1.23%	33
2015 Q2	$92M	Sell	1,557,355 -107,283	-6%	-$6.35M	1.36%	27
2015 Q1	$95.1M	Buy	1,664,638 +42,665	+3%	+$2.37M	1.31%	29
2014 Q4	$87.4M	Sell	1,621,973 -158,378	-9%	-$7.66M	1.25%	32
2014 Q3	$76.4M	Sell	1,780,351 -175,827	-9%	-$7.8M	1.07%	36
2014 Q2	$86.5M	Sell	1,956,178 -537,560	-22%	-$22.4M	1.15%	35
2014 Q1	$109M	Sell	2,493,738 -100,951	-4%	-$4.26M	1.18%	35
2013 Q4	$113M	Buy	2,594,689 +333,906	+15%	+$14.4M	1.22%	33
2013 Q3	$97.4M	Sell	2,260,783 -26,697	-1%	-$1.12M	1.2%	32
2013 Q2	$84.6M	Buy	+2,287,480	New	+$79.9M	1.05%	39

Other funds holding ZD

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

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

William Blair Investment Management Chicago, Illinois $33.3B AUM 44.76% 1-Year Est. Return

JSP

Jackson Square Partners Larkspur, California $247M AUM 20.29% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

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

TCM

TimesSquare Capital Management New York $6.8B AUM 45.85% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Allianz Asset Management Munich, Germany $112B AUM 36.28% 1-Year Est. Return

BIT

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

River Road Asset Management's ZD Position: Q1 2016 in Review

River Road Asset Management sold out of Ziff Davis (ZD) in Q1 2016, closing a stake of 883,945 shares — an estimated $63.3M sold.

River Road Asset Management first reported a position in ZD in Q2 2013 and held it in 11 quarters. The position peaked at $113M in Q4 2013. 285 funds tracked by Wall St. Rank hold ZD as of Q1 2016.

River Road Asset Management reported no remaining Ziff Davis position as of Q1 2016 after selling out during the quarter.
River Road Asset Management sold 883,945 Ziff Davis shares in Q1 2016, an estimated $63.3M.
River Road Asset Management first reported a position in Ziff Davis in Q2 2013 and held it in 11 quarters.
River Road Asset Management's Ziff Davis position peaked at $113M in Q4 2013.
285 funds tracked by Wall St. Rank held Ziff Davis as of Q1 2016.

Based on River Road Asset Management's 13F filing for Q1 2016, filed 13 May 2016.