Third Avenue Management’s Darling Ingredients DAR Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-271,325	Closed	-$3.8M	–	132
2015 Q1	$3.8M	Sell	271,325 -170,700	-39%	-$2.81M	0.1%	103
2014 Q4	$8.03M	Sell	442,025 -936,996	-68%	-$16.9M	0.2%	65
2014 Q3	$25.3M	Hold	1,379,021	–	–	0.53%	61
2014 Q2	$28.8M	Buy	1,379,021 +44,174	+3%	+$891K	0.56%	56
2014 Q1	$26.7M	Buy	1,334,847 +87,621	+7%	+$1.76M	0.52%	62
2013 Q4	$26M	Buy	1,247,226 +684,860	+122%	+$14.6M	0.48%	63
2013 Q3	$11.9M	Hold	562,366	–	–	0.23%	95
2013 Q2	$10.5M	Buy	+562,366	New	+$10.4M	0.21%	98

Other funds holding DAR

SAM

Southernsun Asset Management Memphis, Tennessee $743M AUM 34.03% 1-Year Est. Return

GCM

Gates Capital Management New York $4.16B AUM 21% 1-Year Est. Return

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

BFA

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

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

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

EAM

Eagle Asset Management St Petersburg, Florida $19.6B AUM 41.58% 1-Year Est. Return

Nordea Investment Management Stockholm, Sweden $123B AUM 38.85% 1-Year Est. Return

BIT

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

Norges Bank Oslo, Norway $1T AUM

Third Avenue Management's DAR Position: Q2 2015 in Review

Third Avenue Management sold out of Darling Ingredients (DAR) in Q2 2015, closing a stake of 271,325 shares — an estimated $3.8M sold.

Third Avenue Management first reported a position in DAR in Q2 2013 and held it in 8 quarters. The position peaked at $28.8M in Q2 2014. 254 funds tracked by Wall St. Rank hold DAR as of Q2 2015.

Third Avenue Management reported no remaining Darling Ingredients position as of Q2 2015 after selling out during the quarter.
Third Avenue Management sold 271,325 Darling Ingredients shares in Q2 2015, an estimated $3.8M.
Third Avenue Management first reported a position in Darling Ingredients in Q2 2013 and held it in 8 quarters.
Third Avenue Management's Darling Ingredients position peaked at $28.8M in Q2 2014.
254 funds tracked by Wall St. Rank held Darling Ingredients as of Q2 2015.

Based on Third Avenue Management's 13F filing for Q2 2015, filed 14 Aug 2015.