Tributary Capital Management’s Herbalife HLF Stock Holding History

Tributary Capital Management’s Portfolio HLF Stock Details HLF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-52,000	Closed	-$1.39M	–	191
2015 Q4	$1.39M	Hold	52,000	–	–	0.23%	131
2015 Q3	$1.42M	Sell	52,000 -31,324	-38%	-$858K	0.24%	130
2015 Q2	$2.29M	Hold	83,324	–	–	0.36%	111
2015 Q1	$1.78M	Buy	83,324 +46,300	+125%	+$791K	0.28%	125
2014 Q4	$698K	Sell	37,024 -52,190	-58%	-$1.12M	0.12%	157
2014 Q3	$1.95M	Sell	89,214 -37,516	-30%	-$1M	0.41%	125
2014 Q2	$4.09M	Sell	126,730 -28,000	-18%	-$858K	0.82%	41
2014 Q1	$4.43M	Buy	154,730 +36,000	+30%	+$1.19M	0.93%	23
2013 Q4	$4.67M	Sell	118,730 -636	-0.5%	-$22K	0.93%	19
2013 Q3	$4.16M	Buy	119,366 +27,980	+31%	+$865K	0.86%	23
2013 Q2	$2.06M	Buy	+91,386	New	+$1.95M	0.34%	149

Other funds holding HLF

Icahn Carl Sunny Isles Beach, Florida $8.26B AUM 15.11% 1-Year Est. Return

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

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

Capital Research Global Investors Los Angeles, California $717B AUM 35.42% 1-Year Est. Return

D.E. Shaw & Co New York $210B AUM 57.28% 1-Year Est. Return

ROIC

Route One Investment Company San Francisco, California $2.49B AUM 10.92% 1-Year Est. Return

Renaissance Technologies New York $72.6B AUM 54.88% 1-Year Est. Return

AJO LP Philadelphia, Pennsylvania $199M AUM 109.68% 1-Year Est. Return

DVI

Deccan Value Investors Greenwich, Connecticut $84.6M AUM 57.32% 1-Year Est. Return

Tributary Capital Management's HLF Position: Q1 2016 in Review

Tributary Capital Management sold out of Herbalife (HLF) in Q1 2016, closing a stake of 52,000 shares — an estimated $1.39M sold.

Tributary Capital Management first reported a position in HLF in Q2 2013 and held it in 11 quarters. The position peaked at $4.67M in Q4 2013. 227 funds tracked by Wall St. Rank hold HLF as of Q1 2016.

Tributary Capital Management reported no remaining Herbalife position as of Q1 2016 after selling out during the quarter.
Tributary Capital Management sold 52,000 Herbalife shares in Q1 2016, an estimated $1.39M.
Tributary Capital Management first reported a position in Herbalife in Q2 2013 and held it in 11 quarters.
Tributary Capital Management's Herbalife position peaked at $4.67M in Q4 2013.
227 funds tracked by Wall St. Rank held Herbalife as of Q1 2016.

Based on Tributary Capital Management's 13F filing for Q1 2016, filed 2 May 2016.