Soroban Capital Partners’s United Parcel Service UPS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-1,500,000	Closed	-$157M	–	34
2018 Q1	$157M	Sell	1,500,000 -5,600,000	-79%	-$647M	0.9%	24
2017 Q4	$846M	Buy	7,100,000 +1,500,000	+27%	+$176M	3.49%	12
2017 Q3	$673M	Buy	5,600,000 +5,000,000	+833%	+$568M	2.54%	16
2017 Q2	$66.4M	Buy	+600,000	New	+$64.1M	0.26%	39
2014 Q4	–	Sell	-11,050,000	Closed	-$1.09B	–	49
2014 Q3	$1.09B	Buy	11,050,000 +50,000	+0.5%	+$4.97M	8.18%	3
2014 Q2	$1.13B	Buy	11,000,000 +500,000	+5%	+$50.2M	6.42%	3
2014 Q1	$1.02B	Sell	10,500,000 -4,250,000	-29%	-$414M	12.93%	1
2013 Q4	$1.55B	Buy	14,750,000 +7,100,000	+93%	+$699M	13.41%	1
2013 Q3	$699M	Buy	7,650,000 +7,400,000	+2,960%	+$650M	7.92%	2
2013 Q2	$21.6M	Buy	+250,000	New	+$21.4M	0.26%	38