Vulcan Value Partners’s InterContinental Hotels IHG Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q1	–	Sell	-2,736	Closed	-$339K	–	44
2024 Q4	$339K	Buy	+2,736	New	+$328K	0.01%	49
2018 Q1	–	Sell	-2,010,655	Closed	-$134M	–	55
2017 Q4	$134M	Sell	2,010,655 -703,527	-26%	-$42.4M	1.1%	32
2017 Q3	$151M	Sell	2,714,182 -15,704	-0.6%	-$875K	1.29%	28
2017 Q2	$160M	Buy	2,729,886 +189,256	+7%	+$10.9M	1.42%	27
2017 Q1	$137M	Sell	2,540,630 -1,550,086	-38%	-$80.1M	1.18%	32
2016 Q4	$199M	Buy	+4,090,716	New	+$185M	1.78%	23
2016 Q2	–	Sell	-2,482,587	Closed	-$135M	–	57
2016 Q1	$135M	Buy	2,482,587 +1,658,896	+201%	+$79.5M	1.21%	25
2015 Q4	$42.1M	Buy	+823,691	New	+$41.5M	0.39%	44
2015 Q2	–	Sell	-1,436,633	Closed	-$74.2M	–	64
2015 Q1	$74.2M	Buy	1,436,633 +88,125	+7%	+$4.64M	0.74%	43
2014 Q4	$71.3M	Buy	1,348,508 +288,421	+27%	+$14.7M	0.81%	38
2014 Q3	$51.3M	Sell	1,060,087 -1,270,451	-55%	-$66.1M	0.73%	43
2014 Q2	$138M	Sell	2,330,538 -47,411	-2%	-$2.47M	2.05%	20
2014 Q1	$110M	Sell	2,377,949 -812,786	-25%	-$37.8M	1.95%	22
2013 Q4	$152M	Buy	3,190,735 +757,697	+31%	+$32.9M	3.2%	11
2013 Q3	$102M	Buy	2,433,038 +677,405	+39%	+$28.6M	3.1%	11
2013 Q2	$68.9M	Buy	+1,755,633	New	+$72.8M	3.02%	9