Sachem Head Capital Management’s CDK Global, Inc. CDK Stock Holding History

Sachem Head Capital Management’s Portfolio CDK Stock Details CDK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-2,755,000	Closed	-$175M	–	17
2018 Q1	$175M	Buy	2,755,000 +560,000	+26%	+$39.2M	5.82%	10
2017 Q4	$156M	Buy	2,195,000 +925,000	+73%	+$62.1M	7.25%	8
2017 Q3	$80.1M	Buy	+1,270,000	New	+$80M	3.8%	10
2017 Q2	–	Sell	-650,000	Closed	-$42.3M	–	16
2017 Q1	$42.3M	Sell	650,000 -1,869,305	-74%	-$120M	1.37%	16
2016 Q4	$150M	Hold	2,519,305	–	–	5.75%	7
2016 Q3	$145M	Sell	2,519,305 -5,280,857	-68%	-$304M	7.13%	3
2016 Q2	$433M	Sell	7,800,162 -3,723,215	-32%	-$192M	19.16%	2
2016 Q1	$536M	Buy	11,523,377 +426,044	+4%	+$19M	20.1%	2
2015 Q4	$527M	Sell	11,097,333 -743,201	-6%	-$36.1M	16.67%	2
2015 Q3	$566M	Sell	11,840,534 -806,799	-6%	-$40.9M	25.53%	1
2015 Q2	$683M	Hold	12,647,333	–	–	45.83%	1
2015 Q1	$591M	Hold	12,647,333	–	–	39.17%	1
2014 Q4	$516M	Buy	+12,647,333	New	+$448M	38.35%	1

Other funds holding CDK

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Elliott Management New York $11.8B AUM 20.29% 1-Year Est. Return

SIG

Senator Investment Group New York $2.18B AUM 58.56% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Boston Partners Boston, Massachusetts $95.5B AUM 28.4% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Sachem Head Capital Management's CDK Position: Q2 2018 in Review

Sachem Head Capital Management sold out of CDK Global, Inc. (CDK) in Q2 2018, closing a stake of 2,755,000 shares — an estimated $175M sold.

Sachem Head Capital Management first reported a position in CDK in Q4 2014 and held it in 13 quarters. The position peaked at $683M in Q2 2015. 602 funds tracked by Wall St. Rank hold CDK as of Q2 2018.

Sachem Head Capital Management reported no remaining CDK Global, Inc. position as of Q2 2018 after selling out during the quarter.
Sachem Head Capital Management sold 2,755,000 CDK Global, Inc. shares in Q2 2018, an estimated $175M.
Sachem Head Capital Management first reported a position in CDK Global, Inc. in Q4 2014 and held it in 13 quarters.
Sachem Head Capital Management's CDK Global, Inc. position peaked at $683M in Q2 2015.
602 funds tracked by Wall St. Rank held CDK Global, Inc. as of Q2 2018.

Based on Sachem Head Capital Management's 13F filing for Q2 2018, filed 14 Aug 2018.