Vulcan Value Partners’s Discovery, Inc. Series C Common Stock DISCK Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-10,925,555	Closed	-$275M	–	55
2017 Q2	$275M	Sell	10,925,555 -3,527,480	-24%	-$93.1M	2.45%	16
2017 Q1	$409M	Buy	14,453,035 +42,093	+0.3%	+$1.15M	3.53%	9
2016 Q4	$386M	Sell	14,410,942 -379,005	-3%	-$9.99M	3.44%	10
2016 Q3	$389M	Sell	14,789,947 -143,457	-1%	-$3.56M	3.57%	9
2016 Q2	$356M	Sell	14,933,404 -4,029,606	-21%	-$106M	3.5%	12
2016 Q1	$512M	Buy	18,963,010 +318,090	+2%	+$8.25M	4.6%	5
2015 Q4	$470M	Buy	18,644,920 +214,241	+1%	+$5.86M	4.37%	5
2015 Q3	$448M	Buy	18,430,679 +8,604,290	+88%	+$239M	4.34%	5
2015 Q2	$305M	Buy	9,826,389 +1,837,305	+23%	+$56.9M	2.89%	12
2015 Q1	$235M	Sell	7,989,084 -9,839,348	-55%	-$297M	2.35%	20
2014 Q4	$601M	Buy	17,828,432 +12,332,267	+224%	+$420M	6.81%	1
2014 Q3	$199M	Sell	5,496,165 -2,092,985	-28%	-$84.7M	2.84%	10
2014 Q2	$275M	Buy	7,589,150 +3,827,196	+102%	+$140M	4.08%	3
2014 Q1	$145M	Buy	3,761,954 +790,644	+27%	+$30.2M	2.56%	13
2013 Q4	$125M	Buy	2,971,310 +664,034	+29%	+$26M	2.61%	15
2013 Q3	$90.1M	Buy	2,307,276 +610,816	+36%	+$22.6M	2.75%	13
2013 Q2	$59.2M	Buy	+1,696,460	New	+$59.2M	2.6%	16