Twin Securities’s Knowles KN Stock Holding History

Twin Securities’s Portfolio KN Stock Details KN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-388,768	Closed	-$7.49M	–	30
2015 Q1	$7.49M	Sell	388,768 -552,274	-59%	-$11.5M	0.88%	18
2014 Q4	$22.2M	Sell	941,042 -454,037	-33%	-$9.39M	4%	8
2014 Q3	$37M	Buy	1,395,079 +294,520	+27%	+$8.99M	6.99%	7
2014 Q2	$33.8M	Buy	1,100,559 +87,794	+9%	+$2.65M	5.81%	7
2014 Q1	$32M	Buy	+1,012,765	New	+$31.4M	5.8%	6

Other funds holding KN

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

SCM

Shapiro Capital Management Atlanta, Georgia $1.6B AUM 13.27% 1-Year Est. Return

JHIU

Janus Henderson Investors US Denver, Colorado $122B AUM 18.26% 1-Year Est. Return

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

SAM

Southernsun Asset Management Memphis, Tennessee $690M AUM 30.68% 1-Year Est. Return

SCM

Sterling Capital Management Charlotte, North Carolina $5.28B AUM 23.15% 1-Year Est. Return

BFA

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

Harris Associates Chicago, Illinois $75B AUM 11.27% 1-Year Est. Return

MCMC

Matrix Capital Management Company Portsmouth, New Hampshire $46.3M AUM 114.38% 1-Year Est. Return

Heartland Advisors Milwaukee, Wisconsin $1.96B AUM 28.26% 1-Year Est. Return

Twin Securities's KN Position: Q2 2015 in Review

Twin Securities sold out of Knowles (KN) in Q2 2015, closing a stake of 388,768 shares — an estimated $7.49M sold.

Twin Securities first reported a position in KN in Q1 2014 and held it in 5 quarters. The position peaked at $37M in Q3 2014. 276 funds tracked by Wall St. Rank hold KN as of Q2 2015.

Twin Securities reported no remaining Knowles position as of Q2 2015 after selling out during the quarter.
Twin Securities sold 388,768 Knowles shares in Q2 2015, an estimated $7.49M.
Twin Securities first reported a position in Knowles in Q1 2014 and held it in 5 quarters.
Twin Securities's Knowles position peaked at $37M in Q3 2014.
276 funds tracked by Wall St. Rank held Knowles as of Q2 2015.

Based on Twin Securities's 13F filing for Q2 2015, filed 14 Aug 2015.