West Face Capital’s PHI, Inc. Non-Voting Common Stock PHIIK Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q3	$16.6M	Sell	1,781,426 -257,079	-13%	-$2.25M	100%	1
2018 Q2	$20.7M	Sell	2,038,505 -302,372	-13%	-$3.49M	100%	1
2018 Q1	$24M	Sell	2,340,877 -291,826	-11%	-$3.22M	100%	1
2017 Q4	$30.5M	Sell	2,632,703 -293,064	-10%	-$3.49M	91.81%	1
2017 Q3	$34.4M	Sell	2,925,767 -79,604	-3%	-$865K	33.93%	1
2017 Q2	$29.3M	Sell	3,005,371 -150,900	-5%	-$1.59M	27.71%	1
2017 Q1	$37.8M	Sell	3,156,271 -59,565	-2%	-$903K	28.8%	1
2016 Q4	$57.9M	Hold	3,215,836	–	–	37.01%	1
2016 Q3	$58.4M	Hold	3,215,836	–	–	33.44%	1
2016 Q2	$57.5M	Hold	3,215,836	–	–	32.69%	1
2016 Q1	$60.7M	Sell	3,215,836 -424,000	-12%	-$7.46M	35.14%	1
2015 Q4	$59.7M	Sell	3,639,836 -637,857	-15%	-$12.7M	29.09%	1
2015 Q3	$80.8M	Sell	4,277,693 -99,094	-2%	-$2.58M	33.45%	1
2015 Q2	$131M	Sell	4,376,787 -612,704	-12%	-$20.2M	38.75%	1
2015 Q1	$150M	Sell	4,989,491 -88,175	-2%	-$2.94M	47.96%	1
2014 Q4	$190M	Buy	5,077,666 +135,197	+3%	+$5.55M	45.96%	1
2014 Q3	$203M	Hold	4,942,469	–	–	54.07%	1
2014 Q2	$220M	Hold	4,942,469	–	–	60.83%	1
2014 Q1	$219M	Hold	4,942,469	–	–	66.9%	1
2013 Q4	$215M	Hold	4,942,469	–	–	76.45%	1
2013 Q3	$186M	Buy	4,942,469 +17,734	+0.4%	+$644K	64.57%	1
2013 Q2	$169M	Buy	+4,924,735	New	+$163M	38.05%	1

Other funds holding PHIIK

VDBMI

Van Den Berg Management I Austin, Texas $436M AUM 40.66% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

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

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $303B AUM 30.15% 1-Year Est. Return

West Face Capital's PHIIK Position: Q3 2018 in Review

West Face Capital reduced its PHI, Inc. Non-Voting Common Stock (PHIIK) stake by 13% in Q3 2018, selling an estimated $2.25M and leaving 1,781,426 shares worth $16.6M. The position accounts for 100% of the portfolio, ranked #1.

West Face Capital first reported a position in PHIIK in Q2 2013 and has held it in 22 quarters since. The position peaked at $220M in Q2 2014. 50 funds tracked by Wall St. Rank hold PHIIK as of Q3 2018.

West Face Capital held 1,781,426 shares of PHI, Inc. Non-Voting Common Stock worth $16.6M as of Q3 2018.
West Face Capital sold 257,079 PHI, Inc. Non-Voting Common Stock shares in Q3 2018, an estimated $2.25M.
PHI, Inc. Non-Voting Common Stock made up 100% of West Face Capital's portfolio in Q3 2018, its #1 holding.
West Face Capital first reported a position in PHI, Inc. Non-Voting Common Stock in Q2 2013 and has held it in 22 quarters since.
West Face Capital's PHI, Inc. Non-Voting Common Stock position peaked at $220M in Q2 2014.
50 funds tracked by Wall St. Rank held PHI, Inc. Non-Voting Common Stock as of Q3 2018.

Based on West Face Capital's 13F filing for Q3 2018, filed 14 Nov 2018.