West Face Capital’s Gran Tierra Energy GTE Stock Holding History

West Face Capital’s Portfolio GTE Stock Details GTE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-608,680	Closed	-$13.9M	–	3
2017 Q3	$13.9M	Sell	608,680 -134,000	-18%	-$2.95M	13.68%	4
2017 Q2	$16.6M	Sell	742,680 -185,000	-20%	-$4.49M	15.72%	4
2017 Q1	$24.5M	Sell	927,680 -35,527	-4%	-$937K	18.65%	4
2016 Q4	$29.1M	Sell	963,207 -435,448	-31%	-$13M	18.58%	3
2016 Q3	$42.1M	Sell	1,398,655 -50,000	-3%	-$1.43M	24.09%	3
2016 Q2	$49M	Hold	1,448,655	–	–	27.84%	2
2016 Q1	$35.8M	Sell	1,448,655 -470,000	-24%	-$10.9M	20.7%	3
2015 Q4	$41.6M	Sell	1,918,655 -461,345	-19%	-$11M	20.28%	4
2015 Q3	$50.7M	Sell	2,380,000 -50,000	-2%	-$1.16M	21%	2
2015 Q2	$72.4M	Buy	2,430,000 +1,443,790	+146%	+$47.2M	21.35%	2
2015 Q1	$26.9M	Buy	+986,210	New	+$26.7M	8.6%	5

Other funds holding GTE

GMT Capital Atlanta, Georgia $1.92B AUM 70.51% 1-Year Est. Return

Luminus Management Houston, Texas $146M AUM 27.83% 1-Year Est. Return

Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return

Public Sector Pension Investment Board (PSP Investments) Montreal, Quebec, Canada $38.7B AUM 44.46% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $315B AUM 27.84% 1-Year Est. Return

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

ISL

Ingalls & Snyder LLC New York $3.66B AUM 57.76% 1-Year Est. Return

Schroder Investment Management Group London, United Kingdom $141B AUM 34.18% 1-Year Est. Return

Connor, Clark & Lunn Investment Management (CC&L) Vancouver, British Columbia, Canada $52.8B AUM 58.98% 1-Year Est. Return

West Face Capital's GTE Position: Q4 2017 in Review

West Face Capital sold out of Gran Tierra Energy (GTE) in Q4 2017, closing a stake of 608,680 shares — an estimated $13.9M sold.

West Face Capital first reported a position in GTE in Q1 2015 and held it in 11 quarters. The position peaked at $72.4M in Q2 2015. 124 funds tracked by Wall St. Rank hold GTE as of Q4 2017.

West Face Capital reported no remaining Gran Tierra Energy position as of Q4 2017 after selling out during the quarter.
West Face Capital sold 608,680 Gran Tierra Energy shares in Q4 2017, an estimated $13.9M.
West Face Capital first reported a position in Gran Tierra Energy in Q1 2015 and held it in 11 quarters.
West Face Capital's Gran Tierra Energy position peaked at $72.4M in Q2 2015.
124 funds tracked by Wall St. Rank held Gran Tierra Energy as of Q4 2017.

Based on West Face Capital's 13F filing for Q4 2017, filed 14 Feb 2018.