SKBA Capital Management’s Denbury Resources, Inc. DNR Stock Holding History

SKBA Capital Management’s Portfolio DNR Stock Details DNR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-283,055	Closed	-$2.3M	–	94
2014 Q4	$2.3M	Buy	283,055 +38,200	+16%	+$396K	0.18%	71
2014 Q3	$3.68M	Buy	244,855 +137,400	+128%	+$2.3M	0.31%	62
2014 Q2	$1.98M	Sell	107,455 -16,500	-13%	-$283K	0.18%	68
2014 Q1	$2.03M	Buy	123,955 +12,600	+11%	+$205K	0.19%	66
2013 Q4	$1.83M	Sell	111,355 -11,060	-9%	-$195K	0.21%	73
2013 Q3	$2.25M	Sell	122,415 -34,500	-22%	-$607K	0.27%	71
2013 Q2	$2.72M	Buy	+156,915	New	+$2.82M	0.32%	72

Other funds holding DNR

Artisan Partners Milwaukee, Wisconsin $62.3B AUM 26.25% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

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

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

SCP

SailingStone Capital Partners Houston, Texas $440M AUM 127.21% 1-Year Est. Return

Public Sector Pension Investment Board (PSP Investments) Montreal, Quebec, Canada $32.1B AUM 31.84% 1-Year Est. Return

SIM

Sprucegrove Investment Management Toronto, Ontario, Canada $625M AUM 21.08% 1-Year Est. Return

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

BFA

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

SKBA Capital Management's DNR Position: Q1 2015 in Review

SKBA Capital Management sold out of Denbury Resources, Inc. (DNR) in Q1 2015, closing a stake of 283,055 shares — an estimated $2.3M sold.

SKBA Capital Management first reported a position in DNR in Q2 2013 and held it in 7 quarters. The position peaked at $3.68M in Q3 2014. 302 funds tracked by Wall St. Rank hold DNR as of Q1 2015.

SKBA Capital Management reported no remaining Denbury Resources, Inc. position as of Q1 2015 after selling out during the quarter.
SKBA Capital Management sold 283,055 Denbury Resources, Inc. shares in Q1 2015, an estimated $2.3M.
SKBA Capital Management first reported a position in Denbury Resources, Inc. in Q2 2013 and held it in 7 quarters.
SKBA Capital Management's Denbury Resources, Inc. position peaked at $3.68M in Q3 2014.
302 funds tracked by Wall St. Rank held Denbury Resources, Inc. as of Q1 2015.

Based on SKBA Capital Management's 13F filing for Q1 2015, filed 11 May 2015.