Vulcan Value Partners’s STARWOOD HOTELS & RESORTS WORLDWIDE, INC. HOT Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-989,433	Closed	-$82.6M	–	73
2015 Q1	$82.6M	Sell	989,433 -733,920	-43%	-$57.4M	0.82%	34
2014 Q4	$140M	Sell	1,723,353 -549,202	-24%	-$42.8M	1.58%	27
2014 Q3	$183M	Sell	2,272,555 -586,635	-21%	-$48.4M	2.6%	11
2014 Q2	$231M	Buy	2,859,190 +32,647	+1%	+$2.57M	3.42%	9
2014 Q1	$225M	Buy	2,826,543 +476,485	+20%	+$37.3M	3.98%	4
2013 Q4	$187M	Buy	2,350,058 +583,384	+33%	+$42.7M	3.92%	5
2013 Q3	$117M	Buy	1,766,674 +715,302	+68%	+$47.3M	3.58%	8
2013 Q2	$66.4M	Buy	+1,051,372	New	+$68.3M	2.91%	12

Other funds holding HOT

Paulson & Co New York $3.11B AUM 94.93% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 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

Sculptor Capital New York $9.61B AUM 27.49% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

IAM

Iridian Asset Management Westport, Connecticut $247M AUM 20.65% 1-Year Est. Return

Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return

YCMGA

York Capital Management Global Advisors New York $87.8M AUM 45.55% 1-Year Est. Return

Neuberger Berman Group New York $131B AUM 28.36% 1-Year Est. Return

Vulcan Value Partners's HOT Position: Q2 2015 in Review

Vulcan Value Partners sold out of STARWOOD HOTELS & RESORTS WORLDWIDE, INC. (HOT) in Q2 2015, closing a stake of 989,433 shares — an estimated $82.6M sold.

Vulcan Value Partners first reported a position in HOT in Q2 2013 and held it in 8 quarters. The position peaked at $231M in Q2 2014. 487 funds tracked by Wall St. Rank hold HOT as of Q2 2015.

Vulcan Value Partners reported no remaining STARWOOD HOTELS & RESORTS WORLDWIDE, INC. position as of Q2 2015 after selling out during the quarter.
Vulcan Value Partners sold 989,433 STARWOOD HOTELS & RESORTS WORLDWIDE, INC. shares in Q2 2015, an estimated $82.6M.
Vulcan Value Partners first reported a position in STARWOOD HOTELS & RESORTS WORLDWIDE, INC. in Q2 2013 and held it in 8 quarters.
Vulcan Value Partners's STARWOOD HOTELS & RESORTS WORLDWIDE, INC. position peaked at $231M in Q2 2014.
487 funds tracked by Wall St. Rank held STARWOOD HOTELS & RESORTS WORLDWIDE, INC. as of Q2 2015.

Based on Vulcan Value Partners's 13F filing for Q2 2015, filed 14 Aug 2015.