Starboard Value’s Four Corners Property Trust FCPT Stock Holding History

Starboard Value’s Portfolio FCPT Stock Details FCPT Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-185,814	Closed	-$3.83M	–	27
2016 Q2	$3.83M	Sell	185,814 -2,275,000	-92%	-$43.1M	0.14%	23
2016 Q1	$44.2M	Sell	2,460,814 -2,852,497	-54%	-$47.8M	1.55%	12
2015 Q4	$93.7M	Buy	+5,313,311	New	+$83M	2.53%	10

Other funds holding FCPT

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

BFA

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

Deutsche Bank Frankfurt Am Main Ge, Germany $303B AUM 30.15% 1-Year Est. Return

Prudential Financial Newark, New Jersey $81.2B AUM 27.81% 1-Year Est. Return

Cohen & Steers New York $57.6B AUM 8.03% 1-Year Est. Return

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

BIT

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

VCM

V3 Capital Management Dallas, Texas $33.4M AUM 5.9% 1-Year Est. Return

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

HRES

Heitman Real Estate Securities Chicago, Illinois $1.39B AUM 6.59% 1-Year Est. Return

Starboard Value's FCPT Position: Q3 2016 in Review

Starboard Value sold out of Four Corners Property Trust (FCPT) in Q3 2016, closing a stake of 185,814 shares — an estimated $3.83M sold.

Starboard Value first reported a position in FCPT in Q4 2015 and held it in 3 quarters. The position peaked at $93.7M in Q4 2015. 242 funds tracked by Wall St. Rank hold FCPT as of Q3 2016.

Starboard Value reported no remaining Four Corners Property Trust position as of Q3 2016 after selling out during the quarter.
Starboard Value sold 185,814 Four Corners Property Trust shares in Q3 2016, an estimated $3.83M.
Starboard Value first reported a position in Four Corners Property Trust in Q4 2015 and held it in 3 quarters.
Starboard Value's Four Corners Property Trust position peaked at $93.7M in Q4 2015.
242 funds tracked by Wall St. Rank held Four Corners Property Trust as of Q3 2016.

Based on Starboard Value's 13F filing for Q3 2016, filed 14 Nov 2016.