Starwood Capital Group Management’s Belmond Ltd. BEL Stock Holding History

Starwood Capital Group Management’s Portfolio BEL Stock Details BEL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-4,390,002	Closed	-$80.1M	–	2
2018 Q3	$80.1M	Buy	4,390,002 +395,177	+10%	+$5.66M	46.31%	2
2018 Q2	$44.5M	Hold	3,994,825	–	–	31.4%	2
2018 Q1	$44.5M	Sell	3,994,825 -155,177	-4%	-$1.91M	31.94%	2
2017 Q4	$50.8M	Sell	4,150,002 -324,998	-7%	-$4.16M	35.45%	2
2017 Q3	$61.1M	Hold	4,475,000	–	–	42.88%	2
2017 Q2	$59.5M	Hold	4,475,000	–	–	42.04%	2
2017 Q1	$54.1M	Hold	4,475,000	–	–	33.47%	2
2016 Q4	$59.7M	Hold	4,475,000	–	–	16.86%	3
2016 Q3	$56.9M	Sell	4,475,000 -500,000	-10%	-$5.7M	14.79%	3
2016 Q2	$47.9M	Buy	+4,975,000	New	+$46.6M	13.62%	3

Other funds holding BEL

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

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Magnetar Financial Evanston, Illinois $9.84B AUM 190.64% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

AQR Arbitrage Greenwich, Connecticut $6.09B AUM 27.01% 1-Year Est. Return

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

SAM

Southeastern Asset Management Memphis, Tennessee $2.03B AUM 7.06% 1-Year Est. Return

Hosking Partners London, United Kingdom $2.79B AUM 58.33% 1-Year Est. Return

Starwood Capital Group Management's BEL Position: Q4 2018 in Review

Starwood Capital Group Management sold out of Belmond Ltd. (BEL) in Q4 2018, closing a stake of 4,390,002 shares — an estimated $80.1M sold.

Starwood Capital Group Management first reported a position in BEL in Q2 2016 and held it in 10 quarters. The position peaked at $80.1M in Q3 2018. 164 funds tracked by Wall St. Rank hold BEL as of Q4 2018.

Starwood Capital Group Management reported no remaining Belmond Ltd. position as of Q4 2018 after selling out during the quarter.
Starwood Capital Group Management sold 4,390,002 Belmond Ltd. shares in Q4 2018, an estimated $80.1M.
Starwood Capital Group Management first reported a position in Belmond Ltd. in Q2 2016 and held it in 10 quarters.
Starwood Capital Group Management's Belmond Ltd. position peaked at $80.1M in Q3 2018.
164 funds tracked by Wall St. Rank held Belmond Ltd. as of Q4 2018.

Based on Starwood Capital Group Management's 13F filing for Q4 2018, filed 14 Feb 2019.