Ruffer LLP’s Loews L Stock Holding History

Ruffer LLP’s Portfolio L Stock Details L Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-40,000	Closed	-$1.68M	–	95
2014 Q4	$1.68M	Sell	40,000 -60,000	-60%	-$2.51M	0.06%	58
2014 Q3	$4.17M	Hold	100,000	–	–	0.15%	36
2014 Q2	$4.43M	Buy	100,000 +55,000	+122%	+$2.4M	0.14%	36
2014 Q1	$1.98M	Hold	45,000	–	–	0.06%	52
2013 Q4	$2.17M	Hold	45,000	–	–	0.08%	45
2013 Q3	$2.12M	Hold	45,000	–	–	0.1%	43
2013 Q2	$2M	Buy	+45,000	New	+$2.02M	0.11%	37

Other funds holding L

SAM

Southeastern Asset Management Memphis, Tennessee $1.92B AUM 6.41% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

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

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

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

DSA

Davis Selected Advisers Tucson, Arizona $23.3B AUM 26.95% 1-Year Est. Return

BIT

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

Norges Bank Oslo, Norway $1T AUM

Principal Financial Group Des Moines, Iowa $204B AUM 27.99% 1-Year Est. Return

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

Ruffer LLP's L Position: Q1 2015 in Review

Ruffer LLP sold out of Loews (L) in Q1 2015, closing a stake of 40,000 shares — an estimated $1.68M sold.

Ruffer LLP first reported a position in L in Q2 2013 and held it in 7 quarters. The position peaked at $4.43M in Q2 2014. 425 funds tracked by Wall St. Rank hold L as of Q1 2015.

Ruffer LLP reported no remaining Loews position as of Q1 2015 after selling out during the quarter.
Ruffer LLP sold 40,000 Loews shares in Q1 2015, an estimated $1.68M.
Ruffer LLP first reported a position in Loews in Q2 2013 and held it in 7 quarters.
Ruffer LLP's Loews position peaked at $4.43M in Q2 2014.
425 funds tracked by Wall St. Rank held Loews as of Q1 2015.

Based on Ruffer LLP's 13F filing for Q1 2015, filed 12 May 2015.