Southeastern Asset Management’s Loews L Stock Holding History

Southeastern Asset Management’s Portfolio L Stock Details L Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-19,933,835	Closed	-$720M	–	33
2015 Q3	$720M	Sell	19,933,835 -9,584,198	-32%	-$359M	6.08%	6
2015 Q2	$1.14B	Sell	29,518,033 -4,128,682	-12%	-$168M	7.6%	2
2015 Q1	$1.37B	Sell	33,646,715 -365,983	-1%	-$14.8M	8.62%	2
2014 Q4	$1.43B	Sell	34,012,698 -601,506	-2%	-$25.2M	8.22%	3
2014 Q3	$1.44B	Sell	34,614,204 -685,890	-2%	-$29.5M	7.87%	4
2014 Q2	$1.55B	Sell	35,300,094 -1,518,790	-4%	-$66.3M	8.26%	4
2014 Q1	$1.62B	Buy	36,818,884 +1,834,092	+5%	+$82.1M	8.81%	4
2013 Q4	$1.69B	Sell	34,984,792 -744,836	-2%	-$35.6M	8.26%	3
2013 Q3	$1.67B	Sell	35,729,628 -1,084,261	-3%	-$49.9M	8.33%	3
2013 Q2	$1.63B	Buy	+36,813,889	New	+$1.65B	8.03%	2

Other funds holding L

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

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

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

Norges Bank Oslo, Norway $935B AUM

BIT

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

ACM

Americafirst Capital Management Roseville, California $74M AUM 13.49% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

DSA

Davis Selected Advisers Tucson, Arizona $21.8B AUM 23.45% 1-Year Est. Return

Diamond Hill Capital Management Columbus, Ohio $16B AUM 4.15% 1-Year Est. Return

Southeastern Asset Management's L Position: Q4 2015 in Review

Southeastern Asset Management sold out of Loews (L) in Q4 2015, closing a stake of 19,933,835 shares — an estimated $720M sold.

Southeastern Asset Management first reported a position in L in Q2 2013 and held it in 10 quarters. The position peaked at $1.69B in Q4 2013. 400 funds tracked by Wall St. Rank hold L as of Q4 2015.

Southeastern Asset Management reported no remaining Loews position as of Q4 2015 after selling out during the quarter.
Southeastern Asset Management sold 19,933,835 Loews shares in Q4 2015, an estimated $720M.
Southeastern Asset Management first reported a position in Loews in Q2 2013 and held it in 10 quarters.
Southeastern Asset Management's Loews position peaked at $1.69B in Q4 2013.
400 funds tracked by Wall St. Rank held Loews as of Q4 2015.

Based on Southeastern Asset Management's 13F filing for Q4 2015, filed 12 Feb 2016.