Third Avenue Management’s CST Brands, Inc. CST Stock Holding History

Third Avenue Management’s Portfolio CST Stock Details CST Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-60,534	Closed	-$2.91M	–	117
2016 Q3	$2.91M	Sell	60,534 -36,947	-38%	-$1.7M	0.13%	90
2016 Q2	$4.2M	Sell	97,481 -50,202	-34%	-$1.99M	0.19%	74
2016 Q1	$5.66M	Sell	147,683 -14,698	-9%	-$540K	0.22%	63
2015 Q4	$6.36M	Sell	162,381 -15,189	-9%	-$556K	0.21%	60
2015 Q3	$5.98M	Buy	177,570 +2,725	+2%	+$98.7K	0.16%	75
2015 Q2	$6.83M	Buy	174,845 +13,364	+8%	+$556K	0.17%	76
2015 Q1	$7.08M	Buy	161,481 +13,365	+9%	+$580K	0.18%	77
2014 Q4	$6.46M	Sell	148,116 -283,034	-66%	-$11.4M	0.16%	87
2014 Q3	$15.5M	Hold	431,150	–	–	0.33%	85
2014 Q2	$14.9M	Sell	431,150 -62,437	-13%	-$2.03M	0.29%	93
2014 Q1	$15.4M	Hold	493,587	–	–	0.3%	90
2013 Q4	$18.1M	Sell	493,587 -1,580	-0.3%	-$51.8K	0.33%	88
2013 Q3	$14.8M	Buy	495,167 +77,252	+18%	+$2.42M	0.29%	85
2013 Q2	$12.9M	Buy	+417,915	New	+$13.3M	0.25%	90

Other funds holding CST

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

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

American Century Companies Kansas City, Missouri $226B AUM 44.75% 1-Year Est. Return

AQR Arbitrage Greenwich, Connecticut $7.02B AUM 31.58% 1-Year Est. Return

BFA

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

GAMCO Investors Greenwich, Connecticut $11.1B AUM 41.79% 1-Year Est. Return

BIT

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

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

WIC

Water Island Capital New York $1.08B AUM 105.75% 1-Year Est. Return

Third Avenue Management's CST Position: Q4 2016 in Review

Third Avenue Management sold out of CST Brands, Inc. (CST) in Q4 2016, closing a stake of 60,534 shares — an estimated $2.91M sold.

Third Avenue Management first reported a position in CST in Q2 2013 and held it in 14 quarters. The position peaked at $18.1M in Q4 2013. 275 funds tracked by Wall St. Rank hold CST as of Q4 2016.

Third Avenue Management reported no remaining CST Brands, Inc. position as of Q4 2016 after selling out during the quarter.
Third Avenue Management sold 60,534 CST Brands, Inc. shares in Q4 2016, an estimated $2.91M.
Third Avenue Management first reported a position in CST Brands, Inc. in Q2 2013 and held it in 14 quarters.
Third Avenue Management's CST Brands, Inc. position peaked at $18.1M in Q4 2013.
275 funds tracked by Wall St. Rank held CST Brands, Inc. as of Q4 2016.

Based on Third Avenue Management's 13F filing for Q4 2016, filed 13 Feb 2017.