Southpoint Capital Advisors’s CDK Global, Inc. CDK Stock Holding History

Southpoint Capital Advisors’s Portfolio CDK Stock Details CDK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-600,000	Closed	-$37.5M	–	34
2018 Q3	$37.5M	Sell	600,000 -450,000	-43%	-$28.5M	1.45%	22
2018 Q2	$68.3M	Sell	1,050,000 -350,000	-25%	-$22.6M	2.9%	17
2018 Q1	$88.7M	Sell	1,400,000 -75,000	-5%	-$5.25M	3.93%	9
2017 Q4	$105M	Sell	1,475,000 -775,000	-34%	-$52M	5%	7
2017 Q3	$142M	Sell	2,250,000 -25,700	-1%	-$1.62M	5.83%	5
2017 Q2	$141M	Buy	2,275,700 +275,700	+14%	+$17.3M	5.58%	4
2017 Q1	$130M	Sell	2,000,000 -400,000	-17%	-$25.6M	5.52%	6
2016 Q4	$143M	Buy	2,400,000 +355,398	+17%	+$20.3M	6.61%	1
2016 Q3	$117M	Sell	2,044,602 -205,398	-9%	-$11.8M	5.24%	8
2016 Q2	$125M	Hold	2,250,000	–	–	6.68%	7
2016 Q1	$105M	Sell	2,250,000 -100,000	-4%	-$4.45M	5.18%	8
2015 Q4	$112M	Sell	2,350,000 -475,000	-17%	-$23M	5.18%	7
2015 Q3	$135M	Buy	2,825,000 +575,000	+26%	+$29.2M	6.05%	3
2015 Q2	$121M	Sell	2,250,000 -500,000	-18%	-$25.7M	5.17%	5
2015 Q1	$129M	Buy	2,750,000 +100,000	+4%	+$4.56M	5.51%	3
2014 Q4	$108M	Buy	+2,650,000	New	+$93.9M	5.42%	3

Other funds holding CDK

BlackRock New York $5.72T AUM 30.48% 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

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

Boston Partners Boston, Massachusetts $95.5B AUM 28.4% 1-Year Est. Return

TSW

Thompson Siegel & Walmsley Richmond, Virginia $5.7B AUM 6.69% 1-Year Est. Return

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

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

LCM

Lakewood Capital Management New York $1.58B AUM 0.92% 1-Year Est. Return

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

Southpoint Capital Advisors's CDK Position: Q4 2018 in Review

Southpoint Capital Advisors sold out of CDK Global, Inc. (CDK) in Q4 2018, closing a stake of 600,000 shares — an estimated $37.5M sold.

Southpoint Capital Advisors first reported a position in CDK in Q4 2014 and held it in 16 quarters. The position peaked at $143M in Q4 2016. 572 funds tracked by Wall St. Rank hold CDK as of Q4 2018.

Southpoint Capital Advisors reported no remaining CDK Global, Inc. position as of Q4 2018 after selling out during the quarter.
Southpoint Capital Advisors sold 600,000 CDK Global, Inc. shares in Q4 2018, an estimated $37.5M.
Southpoint Capital Advisors first reported a position in CDK Global, Inc. in Q4 2014 and held it in 16 quarters.
Southpoint Capital Advisors's CDK Global, Inc. position peaked at $143M in Q4 2016.
572 funds tracked by Wall St. Rank held CDK Global, Inc. as of Q4 2018.

Based on Southpoint Capital Advisors's 13F filing for Q4 2018, filed 14 Feb 2019.