Three Bays Capital’s Cheniere Energy LNG Stock Holding History

Three Bays Capital’s Portfolio LNG Stock Details LNG Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-625,000	Closed	-$23.3M	–	22
2015 Q4	$23.3M	Hold	625,000	–	–	1.05%	19
2015 Q3	$30.2M	Hold	625,000	–	–	1.51%	15
2015 Q2	$43.3M	Buy	+625,000	New	+$46.8M	1.8%	16

Other funds holding LNG

Icahn Carl Sunny Isles Beach, Florida $8.55B AUM 29.29% 1-Year Est. Return

Baupost Group Boston, Massachusetts $5.12B AUM 15.99% 1-Year Est. Return

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

LPC

Lone Pine Capital Greenwich, Connecticut $12.5B AUM 54.4% 1-Year Est. Return

KCM

Kensico Capital Management Greenwich, Connecticut $4.9B AUM 41.26% 1-Year Est. Return

Valinor Management New York $32.2M AUM 44.16% 1-Year Est. Return

BIT

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

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

AWG

Alpha Wave Global New York $791M AUM 113.77% 1-Year Est. Return

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

Three Bays Capital's LNG Position: Q2 2016 in Review

Three Bays Capital sold out of Cheniere Energy (LNG) in Q2 2016, closing a stake of 2,452,729 shares — an estimated $83M sold.

Three Bays Capital first reported a position in LNG in Q4 2014 and held it in 5 quarters. The position peaked at $86M in Q3 2015. 347 funds tracked by Wall St. Rank hold LNG as of Q2 2016.

Three Bays Capital reported no remaining Cheniere Energy position as of Q2 2016 after selling out during the quarter.
Three Bays Capital sold 2,452,729 Cheniere Energy shares in Q2 2016, an estimated $83M.
Three Bays Capital first reported a position in Cheniere Energy in Q4 2014 and held it in 5 quarters.
Three Bays Capital's Cheniere Energy position peaked at $86M in Q3 2015.
347 funds tracked by Wall St. Rank held Cheniere Energy as of Q2 2016.

Based on Three Bays Capital's 13F filing for Q2 2016, filed 15 Aug 2016.