Stelliam Investment Management’s Merck MRK Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q2	–	Sell	-1,723,960	Closed	-$87M	–	40
2016 Q1	$87M	Sell	1,723,960 -7,860	-0.5%	-$397K	2.69%	16
2015 Q4	$87.3M	Buy	1,731,820 +544,960	+46%	+$27.5M	2.61%	12
2015 Q3	$55.9M	Buy	1,186,860 +123,140	+12%	+$5.8M	1.39%	29
2015 Q2	$57.8M	Buy	+1,063,720	New	+$57.8M	1.22%	32