Select Equity Group’s Antero Resources AR Stock Holding History

Select Equity Group’s Portfolio AR Stock Details AR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-1,648,890	Closed	-$35.9M	–	94
2015 Q4	$35.9M	Sell	1,648,890 -2,174,187	-57%	-$48.4M	0.34%	62
2015 Q3	$80.9M	Sell	3,823,077 -101,371	-3%	-$2.7M	0.77%	40
2015 Q2	$135M	Sell	3,924,448 -189,611	-5%	-$7.53M	1.23%	30
2015 Q1	$145M	Buy	4,114,059 +435,884	+12%	+$16.4M	1.32%	29
2014 Q4	$149M	Buy	3,678,175 +1,410,649	+62%	+$67.6M	1.4%	26
2014 Q3	$124M	Buy	2,267,526 +629,674	+38%	+$36.6M	1.29%	29
2014 Q2	$107M	Buy	1,637,852 +356,000	+28%	+$22.6M	1.1%	33
2014 Q1	$80.2M	Buy	1,281,852 +180,989	+16%	+$10.7M	0.88%	37
2013 Q4	$69.8M	Buy	+1,100,863	New	+$61.6M	0.73%	41

Other funds holding AR

Warburg Pincus New York $187M AUM 34% 1-Year Est. Return

Baupost Group Boston, Massachusetts $5.42B AUM 22.93% 1-Year Est. Return

SCP

SailingStone Capital Partners Houston, Texas $534M AUM 51.9% 1-Year Est. Return

YEPV

Yorktown Energy Partners VIII New York $52.9M AUM 30% 1-Year Est. Return

CIBC Private Wealth Group Atlanta, Georgia $59.2B AUM 20.62% 1-Year Est. Return

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

FPR Partners San Francisco, California $579M AUM 26.76% 1-Year Est. Return

Yale University New Haven, Connecticut $2.05M AUM 1.81% 1-Year Est. Return

YEPV

Yorktown Energy Partners VII New York $23.4M AUM 17.42% 1-Year Est. Return

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

Select Equity Group's AR Position: Q1 2016 in Review

Select Equity Group sold out of Antero Resources (AR) in Q1 2016, closing a stake of 1,648,890 shares — an estimated $35.9M sold.

Select Equity Group first reported a position in AR in Q4 2013 and held it in 9 quarters. The position peaked at $149M in Q4 2014. 242 funds tracked by Wall St. Rank hold AR as of Q1 2016.

Select Equity Group reported no remaining Antero Resources position as of Q1 2016 after selling out during the quarter.
Select Equity Group sold 1,648,890 Antero Resources shares in Q1 2016, an estimated $35.9M.
Select Equity Group first reported a position in Antero Resources in Q4 2013 and held it in 9 quarters.
Select Equity Group's Antero Resources position peaked at $149M in Q4 2014.
242 funds tracked by Wall St. Rank held Antero Resources as of Q1 2016.

Based on Select Equity Group's 13F filing for Q1 2016, filed 17 May 2016.