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

Vulcan Value Partners’s Portfolio DISCK Stock Details DISCK Fund Activity

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

Other funds holding DISCK

Brown Brothers Harriman & Co New York $22.8B AUM 25.09% 1-Year Est. Return

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

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

State Street Boston, Massachusetts $3.38T AUM 44.17% 1-Year Est. Return

Hotchkis & Wiley Capital Management Los Angeles, California $34.3B AUM 22.63% 1-Year Est. Return

State of Wisconsin Investment Board Madison, Wisconsin $49.6B AUM 39.59% 1-Year Est. Return

Thompson Siegel & Walmsley Richmond, Virginia $5.57B AUM 9.46% 1-Year Est. Return

Seizert Capital Partners Birmingham, Michigan $2.42B AUM 22.12% 1-Year Est. Return

ClearBridge Investments New York $121B AUM 27.52% 1-Year Est. Return

USSCPF

United States Steel & Carnegie Pension Fund New York $2.19B AUM 18.21% 1-Year Est. Return

Vulcan Value Partners's DISCK Position: Q3 2017 in Review

Vulcan Value Partners sold out of Discovery, Inc. Series C Common Stock (DISCK) in Q3 2017, closing a stake of 10,925,555 shares — an estimated $275M sold.

Vulcan Value Partners first reported a position in DISCK in Q2 2013 and held it in 17 quarters. The position peaked at $601M in Q4 2014. 385 funds tracked by Wall St. Rank hold DISCK as of Q3 2017.

Vulcan Value Partners reported no remaining Discovery, Inc. Series C Common Stock position as of Q3 2017 after selling out during the quarter.
Vulcan Value Partners sold 10,925,555 Discovery, Inc. Series C Common Stock shares in Q3 2017, an estimated $275M.
Vulcan Value Partners first reported a position in Discovery, Inc. Series C Common Stock in Q2 2013 and held it in 17 quarters.
Vulcan Value Partners's Discovery, Inc. Series C Common Stock position peaked at $601M in Q4 2014.
385 funds tracked by Wall St. Rank held Discovery, Inc. Series C Common Stock as of Q3 2017.

Based on Vulcan Value Partners's 13F filing for Q3 2017, filed 14 Nov 2017.