Two Creeks Capital Management’s Ecolab ECL Stock Holding History

Two Creeks Capital Management’s Portfolio ECL Stock Details ECL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q2	–	Sell	-73,673	Closed	-$13M	–	21
2019 Q1	$13M	Sell	73,673 -474,310	-87%	-$77M	0.88%	18
2018 Q4	$80.7M	Sell	547,983 -190,291	-26%	-$29.1M	5.46%	10
2018 Q3	$116M	Hold	738,274	–	–	6.45%	3
2018 Q2	$104M	Buy	738,274 +185,828	+34%	+$26.8M	5.38%	6
2018 Q1	$75.7M	Hold	552,446	–	–	4.11%	11
2017 Q4	$74.1M	Buy	552,446 +57,824	+12%	+$7.69M	3.96%	12
2017 Q3	$63.6M	Buy	+494,622	New	+$65M	3.62%	12

Other funds holding ECL

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Edgewood Management Greenwich, Connecticut $15.5B AUM 9.67% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

ClearBridge Investments New York $115B AUM 24.78% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Gates Foundation Trust Kirkland, Washington $31.7B AUM 20.52% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Two Creeks Capital Management's ECL Position: Q2 2019 in Review

Two Creeks Capital Management sold out of Ecolab (ECL) in Q2 2019, closing a stake of 73,673 shares — an estimated $13M sold.

Two Creeks Capital Management first reported a position in ECL in Q3 2017 and held it in 7 quarters. The position peaked at $116M in Q3 2018. 1,140 funds tracked by Wall St. Rank hold ECL as of Q2 2019.

Two Creeks Capital Management reported no remaining Ecolab position as of Q2 2019 after selling out during the quarter.
Two Creeks Capital Management sold 73,673 Ecolab shares in Q2 2019, an estimated $13M.
Two Creeks Capital Management first reported a position in Ecolab in Q3 2017 and held it in 7 quarters.
Two Creeks Capital Management's Ecolab position peaked at $116M in Q3 2018.
1,140 funds tracked by Wall St. Rank held Ecolab as of Q2 2019.

Based on Two Creeks Capital Management's 13F filing for Q2 2019, filed 14 Aug 2019.