Second Curve Capital’s Beazer Homes USA BZH Stock Holding History

Second Curve Capital’s Portfolio BZH Stock Details BZH Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-50,434	Closed	-$579K	–	23
2015 Q4	$579K	Sell	50,434 -360,152	-88%	-$4.93M	0.28%	19
2015 Q3	$5.47M	Sell	410,586 -240,000	-37%	-$4.18M	2.47%	14
2015 Q2	$13M	Buy	650,586 +4,000	+0.6%	+$73.6K	4.61%	13
2015 Q1	$11.5M	Buy	646,586 +100,000	+18%	+$1.7M	4.52%	12
2014 Q4	$10.6M	Sell	546,586 -54,300	-9%	-$993K	4.29%	11
2014 Q3	$10.1M	Buy	600,886 +65,000	+12%	+$1.19M	3.7%	12
2014 Q2	$11.2M	Sell	535,886 -172,000	-24%	-$3.34M	3.37%	12
2014 Q1	$14.2M	Buy	707,886 +262,886	+59%	+$5.74M	3.3%	11
2013 Q4	$10.9M	Sell	445,000 -50,000	-10%	-$990K	2.26%	12
2013 Q3	$8.91M	Buy	+495,000	New	+$8.7M	2%	15

Other funds holding BZH

OppenheimerFunds New York $80.4B AUM 15.1% 1-Year Est. Return

BFA

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

GMT Capital Atlanta, Georgia $1.92B AUM 70.51% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

State of New Jersey Common Pension Fund D Trenton, New Jersey $29.3B AUM 38.15% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $495B AUM 43.24% 1-Year Est. Return

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

Royce & Associates New York $12.4B AUM 64.17% 1-Year Est. Return

BIP

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

DW Partners New York $62.3M AUM 25.52% 1-Year Est. Return

Second Curve Capital's BZH Position: Q1 2016 in Review

Second Curve Capital sold out of Beazer Homes USA (BZH) in Q1 2016, closing a stake of 50,434 shares — an estimated $579K sold.

Second Curve Capital first reported a position in BZH in Q3 2013 and held it in 10 quarters. The position peaked at $14.2M in Q1 2014. 114 funds tracked by Wall St. Rank hold BZH as of Q1 2016.

Second Curve Capital reported no remaining Beazer Homes USA position as of Q1 2016 after selling out during the quarter.
Second Curve Capital sold 50,434 Beazer Homes USA shares in Q1 2016, an estimated $579K.
Second Curve Capital first reported a position in Beazer Homes USA in Q3 2013 and held it in 10 quarters.
Second Curve Capital's Beazer Homes USA position peaked at $14.2M in Q1 2014.
114 funds tracked by Wall St. Rank held Beazer Homes USA as of Q1 2016.

Based on Second Curve Capital's 13F filing for Q1 2016, filed 12 May 2016.