Starboard Value’s Great Elm Group GEG Stock Holding History

Starboard Value’s Portfolio GEG Stock Details GEG Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-847,357	Closed	-$6.3M	–	36
2015 Q2	$6.3M	Sell	847,357 -44,667	-5%	-$358K	0.14%	31
2015 Q1	$6.12M	Hold	892,024	–	–	0.13%	25
2014 Q4	$10.7M	Hold	892,024	–	–	0.24%	26
2014 Q3	$19.9M	Hold	892,024	–	–	0.69%	21
2014 Q2	$23.9M	Buy	892,024 +104,167	+13%	+$2.68M	0.94%	21
2014 Q1	$20.5M	Buy	787,857 +25,000	+3%	+$465K	1.12%	20
2013 Q4	$12.6M	Hold	762,857	–	–	0.63%	21
2013 Q3	$15.8M	Buy	762,857 +53,440	+8%	+$1.19M	1.27%	18
2013 Q2	$16.5M	Buy	+709,417	New	+$16.8M	1.15%	21

Other funds holding GEG

MCM

Mast Capital Management Boston, Massachusetts $68.6M AUM 19.35% 1-Year Est. Return

KCM

Kingdon Capital Management New York $911M AUM 51.11% 1-Year Est. Return

SRFM

Shannon River Fund Management New York $524M AUM 90.54% 1-Year Est. Return

Nokomis Capital Dallas, Texas $349M AUM 75.66% 1-Year Est. Return

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

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

ICM

ISZO Capital Management New York $2M AUM 35.61% 1-Year Est. Return

AIC

AWM Investment Company New York $903M AUM 163.47% 1-Year Est. Return

BIT

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

PGCM

Prescott Group Capital Management Tulsa, Oklahoma $1B AUM 51.95% 1-Year Est. Return

Starboard Value's GEG Position: Q3 2015 in Review

Starboard Value sold out of Great Elm Group (GEG) in Q3 2015, closing a stake of 847,357 shares — an estimated $6.3M sold.

Starboard Value first reported a position in GEG in Q2 2013 and held it in 9 quarters. The position peaked at $23.9M in Q2 2014. 53 funds tracked by Wall St. Rank hold GEG as of Q3 2015.

Starboard Value reported no remaining Great Elm Group position as of Q3 2015 after selling out during the quarter.
Starboard Value sold 847,357 Great Elm Group shares in Q3 2015, an estimated $6.3M.
Starboard Value first reported a position in Great Elm Group in Q2 2013 and held it in 9 quarters.
Starboard Value's Great Elm Group position peaked at $23.9M in Q2 2014.
53 funds tracked by Wall St. Rank held Great Elm Group as of Q3 2015.

Based on Starboard Value's 13F filing for Q3 2015, filed 13 Nov 2015.