Three Bays Capital’s VEREIT, Inc. VER Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-990,000	Closed	-$38.2M	–	29
2015 Q3	$38.2M	Buy	+990,000	New	+$41.3M	1.91%	13
2015 Q1	–	Sell	-320,000	Closed	-$14.5M	–	31
2014 Q4	$14.5M	Buy	+320,000	New	+$15.7M	0.92%	19

Other funds holding VER

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

Corvex Management New York $2.52B AUM 25.53% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

BIT

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

CI Investments Inc Toronto, Ontario, Canada $20.6B AUM 29.22% 1-Year Est. Return

CIMLRA

CBRE Investment Management Listed Real Assets Radnor, Pennsylvania $6.75B AUM 8.88% 1-Year Est. Return

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

GCM

Glenview Capital Management New York $3.98B AUM 20.52% 1-Year Est. Return

TIM

Thornburg Investment Management Santa Fe, New Mexico $9.63B AUM 35.65% 1-Year Est. Return

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

Three Bays Capital's VER Position: Q4 2015 in Review

Three Bays Capital sold out of VEREIT, Inc. (VER) in Q4 2015, closing a stake of 990,000 shares — an estimated $38.2M sold.

Three Bays Capital first reported a position in VER in Q4 2014 and held it in 2 quarters. The position peaked at $38.2M in Q3 2015. 360 funds tracked by Wall St. Rank hold VER as of Q4 2015.

Three Bays Capital reported no remaining VEREIT, Inc. position as of Q4 2015 after selling out during the quarter.
Three Bays Capital sold 990,000 VEREIT, Inc. shares in Q4 2015, an estimated $38.2M.
Three Bays Capital first reported a position in VEREIT, Inc. in Q4 2014 and held it in 2 quarters.
Three Bays Capital's VEREIT, Inc. position peaked at $38.2M in Q3 2015.
360 funds tracked by Wall St. Rank held VEREIT, Inc. as of Q4 2015.

Based on Three Bays Capital's 13F filing for Q4 2015, filed 16 Feb 2016.