Ruffer LLP’s United Airlines UAL Stock Holding History

Ruffer LLP’s Portfolio UAL Stock Details UAL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-5,000	Closed	-$286K	–	95
2015 Q4	$286K	Sell	5,000 -10,000	-67%	-$577K	0.01%	87
2015 Q3	$796K	Sell	15,000 -15,000	-50%	-$846K	0.03%	74
2015 Q2	$1.59M	Hold	30,000	–	–	0.07%	60
2015 Q1	$2.02M	Hold	30,000	–	–	0.09%	49
2014 Q4	$2.01M	Hold	30,000	–	–	0.07%	54
2014 Q3	$1.4M	Hold	30,000	–	–	0.05%	62
2014 Q2	$1.26M	Hold	30,000	–	–	0.04%	66
2014 Q1	$1.34M	Hold	30,000	–	–	0.04%	64
2013 Q4	$1.13M	Hold	30,000	–	–	0.04%	62
2013 Q3	$930K	Hold	30,000	–	–	0.04%	66
2013 Q2	$939K	Buy	+30,000	New	+$954K	0.05%	60

Other funds holding UAL

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

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

Primecap Management Pasadena, California $169B AUM 114.72% 1-Year Est. Return

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

PCM

PAR Capital Management Boston, Massachusetts $4.03B AUM 35.05% 1-Year Est. Return

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

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

ACM

Altimeter Capital Management Boston, Massachusetts $9.83B AUM 24.98% 1-Year Est. Return

JHIU

Janus Henderson Investors US Denver, Colorado $122B AUM 18.26% 1-Year Est. Return

BIT

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

Ruffer LLP's UAL Position: Q1 2016 in Review

Ruffer LLP sold out of United Airlines (UAL) in Q1 2016, closing a stake of 5,000 shares — an estimated $286K sold.

Ruffer LLP first reported a position in UAL in Q2 2013 and held it in 11 quarters. The position peaked at $2.02M in Q1 2015. 539 funds tracked by Wall St. Rank hold UAL as of Q1 2016.

Ruffer LLP reported no remaining United Airlines position as of Q1 2016 after selling out during the quarter.
Ruffer LLP sold 5,000 United Airlines shares in Q1 2016, an estimated $286K.
Ruffer LLP first reported a position in United Airlines in Q2 2013 and held it in 11 quarters.
Ruffer LLP's United Airlines position peaked at $2.02M in Q1 2015.
539 funds tracked by Wall St. Rank held United Airlines as of Q1 2016.

Based on Ruffer LLP's 13F filing for Q1 2016, filed 12 May 2016.