TFS Capital’s ARC Document Solutions, Inc. ARC Stock Holding History

TFS Capital’s Portfolio ARC Stock Details ARC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-49,400	Closed	-$206K	–	579
2017 Q2	$206K	Sell	49,400 -2,294	-4%	-$8.52K	0.08%	441
2017 Q1	$178K	Buy	51,694 +39,455	+322%	+$177K	0.06%	513
2016 Q4	$62K	Buy	+12,239	New	+$51.2K	0.02%	676
2016 Q3	–	Sell	-18,181	Closed	-$71K	–	1220
2016 Q2	$71K	Sell	18,181 -209,187	-92%	-$853K	0.01%	899
2016 Q1	$1.02M	Buy	227,368 +205,533	+941%	+$770K	0.15%	249
2015 Q4	$97K	Buy	+21,835	New	+$117K	0.01%	661
2015 Q3	–	Sell	-42,890	Closed	-$326K	–	1219
2015 Q2	$326K	Sell	42,890 -62,152	-59%	-$506K	0.03%	653
2015 Q1	$970K	Buy	105,042 +700	+0.7%	+$6.36K	0.1%	355
2014 Q4	$1.07M	Sell	104,342 -16,517	-14%	-$159K	0.1%	327
2014 Q3	$979K	Buy	120,859 +80,666	+201%	+$541K	0.08%	378
2014 Q2	$236K	Sell	40,193 -216,479	-84%	-$1.37M	0.02%	903
2014 Q1	$1.91M	Sell	256,672 -103,986	-29%	-$781K	0.13%	234
2013 Q4	$2.96M	Sell	360,658 -34,854	-9%	-$249K	0.14%	209
2013 Q3	$1.81M	Buy	395,512 +85,122	+27%	+$400K	0.08%	346
2013 Q2	$1.24M	Buy	+310,390	New	+$1.07M	0.05%	510

Other funds holding ARC

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Pzena Investment Management New York $30.8B AUM 11.29% 1-Year Est. Return

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

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

PAIM

Punch & Associates Investment Management Edina, Minnesota $1.73B AUM 27.65% 1-Year Est. Return

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

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

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return

PRCP

Pacific Ridge Capital Partners Lake Oswego, Oregon $462M AUM 40.76% 1-Year Est. Return

TFS Capital's ARC Position: Q3 2017 in Review

TFS Capital sold out of ARC Document Solutions, Inc. (ARC) in Q3 2017, closing a stake of 49,400 shares — an estimated $206K sold.

TFS Capital first reported a position in ARC in Q2 2013 and held it in 15 quarters. The position peaked at $2.96M in Q4 2013. 91 funds tracked by Wall St. Rank hold ARC as of Q3 2017.

TFS Capital reported no remaining ARC Document Solutions, Inc. position as of Q3 2017 after selling out during the quarter.
TFS Capital sold 49,400 ARC Document Solutions, Inc. shares in Q3 2017, an estimated $206K.
TFS Capital first reported a position in ARC Document Solutions, Inc. in Q2 2013 and held it in 15 quarters.
TFS Capital's ARC Document Solutions, Inc. position peaked at $2.96M in Q4 2013.
91 funds tracked by Wall St. Rank held ARC Document Solutions, Inc. as of Q3 2017.

Based on TFS Capital's 13F filing for Q3 2017.