ValueAct Holdings’s Armstrong World Industries AWI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q2	–	Sell	-63,910	Closed	-$5.08M	–	24
2019 Q1	$5.08M	Sell	63,910 -2,181,000	-97%	-$152M	0.06%	20
2018 Q4	$131M	Sell	2,244,910 -2,980,000	-57%	-$190M	1.63%	11
2018 Q3	$364M	Sell	5,224,910 -1,627,702	-24%	-$112M	3.58%	10
2018 Q2	$433M	Hold	6,852,612	–	–	3.92%	9
2018 Q1	$386M	Sell	6,852,612 -2,350,000	-26%	-$142M	3.87%	9
2017 Q4	$557M	Hold	9,202,612	–	–	5.64%	9
2017 Q3	$472M	Buy	9,202,612 +2,612	+0%	+$123K	4.73%	10
2017 Q2	$423M	Hold	9,200,000	–	–	3.78%	11
2017 Q1	$424M	Hold	9,200,000	–	–	3.55%	10
2016 Q4	$385M	Hold	9,200,000	–	–	3.16%	9
2016 Q3	$380M	Hold	9,200,000	–	–	3.31%	9
2016 Q2	$360M	Hold	9,200,000	–	–	3.27%	9
2016 Q1	$445M	Hold	9,200,000	–	–	4.44%	8
2015 Q4	$421M	Hold	9,200,000	–	–	2.91%	13
2015 Q3	$439M	Hold	9,200,000	–	–	2.55%	14
2015 Q2	$490M	Hold	9,200,000	–	–	2.58%	14
2015 Q1	$529M	Hold	9,200,000	–	–	2.92%	13
2014 Q4	$470M	Hold	9,200,000	–	–	2.95%	12
2014 Q3	$515M	Buy	9,200,000 +6,500,000	+241%	+$362M	3.45%	9
2014 Q2	$155M	Buy	+2,700,000	New	+$146M	1.15%	11