Venor Capital Management’s Cheniere Energy LNG Stock Holding History

Venor Capital Management’s Portfolio LNG Stock Details LNG Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-1,814,300	Closed	-$67.6M	–	5
2015 Q4	$67.6M	Buy	1,814,300 +114,300	+7%	+$5.21M	73.86%	1
2015 Q3	$82.1M	Buy	1,700,000 +1,081,700	+175%	+$66.7M	31.91%	1
2015 Q2	$42.8M	Sell	618,300 -199,700	-24%	-$15M	12.8%	4
2015 Q1	$63.3M	Sell	818,000 -984,700	-55%	-$73.5M	25.5%	1
2014 Q4	$127M	Sell	1,802,700 -1,316,100	-42%	-$92.8M	26.13%	1
2014 Q3	$250M	Sell	3,118,800 -18,600	-0.6%	-$1.42M	33.01%	1
2014 Q2	$225M	Buy	3,137,400 +1,979,700	+171%	+$120M	31.2%	1
2014 Q1	$64.1M	Sell	1,157,700 -852,100	-42%	-$40.8M	14.03%	2
2013 Q4	$86.7M	Buy	2,009,800 +1,061,000	+112%	+$42.2M	19.86%	1
2013 Q3	$32.4M	Buy	948,800 +547,800	+137%	+$16.3M	10.74%	4
2013 Q2	$11.1M	Buy	+401,000	New	+$11.3M	3.99%	10

Other funds holding LNG

Icahn Carl Sunny Isles Beach, Florida $8.55B AUM 29.29% 1-Year Est. Return

Baupost Group Boston, Massachusetts $5.12B AUM 15.99% 1-Year Est. Return

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

LPC

Lone Pine Capital Greenwich, Connecticut $12.5B AUM 54.4% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

KCM

Kensico Capital Management Greenwich, Connecticut $4.9B AUM 41.26% 1-Year Est. Return

Valinor Management New York $32.2M AUM 44.16% 1-Year Est. Return

PointState Capital New York $7.9B AUM 42.31% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.26% 1-Year Est. Return

BRC

Blue Ridge Capital New York $215M AUM

Venor Capital Management's LNG Position: Q3 2015 in Review

Venor Capital Management sold out of Cheniere Energy (LNG) in Q3 2015, closing a stake of 651,643 shares — an estimated $40.2M sold.

Venor Capital Management first reported a position in LNG in Q2 2013 and held it in 7 quarters. The position peaked at $51.8M in Q1 2015. 367 funds tracked by Wall St. Rank hold LNG as of Q3 2015.

Venor Capital Management reported no remaining Cheniere Energy position as of Q3 2015 after selling out during the quarter.
Venor Capital Management sold 651,643 Cheniere Energy shares in Q3 2015, an estimated $40.2M.
Venor Capital Management first reported a position in Cheniere Energy in Q2 2013 and held it in 7 quarters.
Venor Capital Management's Cheniere Energy position peaked at $51.8M in Q1 2015.
367 funds tracked by Wall St. Rank held Cheniere Energy as of Q3 2015.

Based on Venor Capital Management's 13F filing for Q3 2015, filed 16 Nov 2015.