Shell Asset Management’s American Railcar Industries, Inc. ARII Stock Holding History

Shell Asset Management’s Portfolio ARII Stock Details ARII Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-37,783	Closed	-$2.79M	–	966
2015 Q3	$2.79M	Buy	37,783 +1,757	+5%	+$72.1K	0.04%	356
2015 Q2	$1.75M	Sell	36,026 -1,646	-4%	-$88K	0.04%	464
2015 Q1	$1.87M	Sell	37,672 -111	-0.3%	-$5.76K	0.03%	476
2014 Q4	$1.95M	Hold	37,783	–	–	0.03%	489
2014 Q3	$2.79M	Buy	37,783 +3,516	+10%	+$259K	0.04%	369
2014 Q2	$2.32M	Sell	34,267 -399	-1%	-$25.7K	0.04%	421
2014 Q1	$2.43M	Sell	34,666 -15,686	-31%	-$903K	0.04%	417
2013 Q4	$2.3M	Buy	50,352 +8,140	+19%	+$349K	0.04%	444
2013 Q3	$1.66M	Hold	42,212	–	–	0.03%	563
2013 Q2	$1.42M	Buy	+42,212	New	+$1.52M	0.03%	579

Other funds holding ARII

Icahn Carl Sunny Isles Beach, Florida $8.55B AUM 29.29% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

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

LSV Asset Management Chicago, Illinois $46.4B AUM 27.74% 1-Year Est. Return

Allianz Asset Management Munich, Germany $95.4B AUM 38.74% 1-Year Est. Return

Comerica Bank Dallas, Texas $25.1B AUM 24.68% 1-Year Est. Return

BFA

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

Royce & Associates New York $10.1B AUM 42.88% 1-Year Est. Return

BIT

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

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

Shell Asset Management's ARII Position: Q4 2015 in Review

Shell Asset Management sold out of American Railcar Industries, Inc. (ARII) in Q4 2015, closing a stake of 37,783 shares — an estimated $2.79M sold.

Shell Asset Management first reported a position in ARII in Q2 2013 and held it in 10 quarters. The position peaked at $2.79M in Q3 2015. 127 funds tracked by Wall St. Rank hold ARII as of Q4 2015.

Shell Asset Management reported no remaining American Railcar Industries, Inc. position as of Q4 2015 after selling out during the quarter.
Shell Asset Management sold 37,783 American Railcar Industries, Inc. shares in Q4 2015, an estimated $2.79M.
Shell Asset Management first reported a position in American Railcar Industries, Inc. in Q2 2013 and held it in 10 quarters.
Shell Asset Management's American Railcar Industries, Inc. position peaked at $2.79M in Q3 2015.
127 funds tracked by Wall St. Rank held American Railcar Industries, Inc. as of Q4 2015.

Based on Shell Asset Management's 13F filing for Q4 2015, filed 5 Feb 2016.