Tikvah Management’s Compañía de Cervecerías Unidas CCU Stock Holding History

Tikvah Management’s Portfolio CCU Stock Details CCU Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-505,474	Closed	-$14.1M	–	21
2018 Q3	$14.1M	Hold	505,474	–	–	4.21%	11
2018 Q2	$12.6M	Hold	505,474	–	–	3.96%	11
2018 Q1	$14.9M	Buy	505,474 +101,945	+25%	+$2.94M	4.57%	10
2017 Q4	$11.9M	Hold	403,529	–	–	4.8%	11
2017 Q3	$10.9M	Hold	403,529	–	–	4.61%	12
2017 Q2	$10.6M	Hold	403,529	–	–	4.98%	11
2017 Q1	$10.2M	Hold	403,529	–	–	5.35%	11
2016 Q4	$8.47M	Hold	403,529	–	–	4.16%	11
2016 Q3	$8.15M	Hold	403,529	–	–	4.25%	12
2016 Q2	$9.42M	Hold	403,529	–	–	5.51%	8
2016 Q1	$9.06M	Hold	403,529	–	–	5.03%	10
2015 Q4	$8.74M	Hold	403,529	–	–	4.58%	12
2015 Q3	$8.94M	Hold	403,529	–	–	4.98%	12
2015 Q2	$8.55M	Buy	403,529 +91,849	+29%	+$2.02M	4.53%	12
2015 Q1	$6.47M	Buy	+311,680	New	+$5.87M	3.57%	12

Other funds holding CCU

First Eagle Investment Management New York $59B AUM 32.99% 1-Year Est. Return

Janus Henderson Group London, United Kingdom $209B AUM 37.72% 1-Year Est. Return

Acadian Asset Management Boston, Massachusetts $70.5B AUM 36% 1-Year Est. Return

Mawer Investment Management Calgary, Alberta, Canada $15.4B AUM 10.9% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return

CBOA

Commonwealth Bank of Australia Sydney, NSW, Australia $231M AUM

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

Macquarie Group Sydney, NSW 2000, Australia $16.8B AUM 27.39% 1-Year Est. Return

IVA

International Value Advisers $615M AUM 6.37% 1-Year Est. Return

Tikvah Management's CCU Position: Q4 2018 in Review

Tikvah Management sold out of Compañía de Cervecerías Unidas (CCU) in Q4 2018, closing a stake of 505,474 shares — an estimated $14.1M sold.

Tikvah Management first reported a position in CCU in Q1 2015 and held it in 15 quarters. The position peaked at $14.9M in Q1 2018. 101 funds tracked by Wall St. Rank hold CCU as of Q4 2018.

Tikvah Management reported no remaining Compañía de Cervecerías Unidas position as of Q4 2018 after selling out during the quarter.
Tikvah Management sold 505,474 Compañía de Cervecerías Unidas shares in Q4 2018, an estimated $14.1M.
Tikvah Management first reported a position in Compañía de Cervecerías Unidas in Q1 2015 and held it in 15 quarters.
Tikvah Management's Compañía de Cervecerías Unidas position peaked at $14.9M in Q1 2018.
101 funds tracked by Wall St. Rank held Compañía de Cervecerías Unidas as of Q4 2018.

Based on Tikvah Management's 13F filing for Q4 2018, filed 13 Feb 2019.