White Pine Capital’s American Railcar Industries, Inc. ARII Stock Holding History

White Pine Capital’s Portfolio ARII Stock Details ARII Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-10,075	Closed	-$418K	–	217
2016 Q3	$418K	Sell	10,075 -7,100	-41%	-$289K	0.18%	153
2016 Q2	$678K	Hold	17,175	–	–	0.29%	106
2016 Q1	$700K	Sell	17,175 -4,055	-19%	-$170K	0.3%	102
2015 Q4	$983K	Sell	21,230 -1,445	-6%	-$71.9K	0.44%	66
2015 Q3	$820K	Buy	+22,675	New	+$931K	0.38%	76
2014 Q2	–	Sell	-2,950	Closed	-$207K	–	223
2014 Q1	$207K	Sell	2,950 -21,700	-88%	-$1.25M	0.07%	209
2013 Q4	$1.13M	Sell	24,650 -24,900	-50%	-$1.07M	0.4%	77
2013 Q3	$1.94M	Buy	49,550 +18,650	+60%	+$665K	0.67%	44
2013 Q2	$1.03M	Buy	+30,900	New	+$1.11M	0.36%	85

Other funds holding ARII

Icahn Carl Sunny Isles Beach, Florida $8.55B AUM 29.29% 1-Year Est. Return

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

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

LSV Asset Management Chicago, Illinois $46.4B AUM 27.74% 1-Year Est. Return

JIR

James Investment Research Alpha, Ohio $891M AUM 30.4% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Allianz Asset Management Munich, Germany $95.4B AUM 38.74% 1-Year Est. Return

BIT

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

Norges Bank Oslo, Norway $935B AUM

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

White Pine Capital's ARII Position: Q4 2016 in Review

White Pine Capital sold out of American Railcar Industries, Inc. (ARII) in Q4 2016, closing a stake of 10,075 shares — an estimated $418K sold.

White Pine Capital first reported a position in ARII in Q2 2013 and held it in 9 quarters. The position peaked at $1.94M in Q3 2013. 128 funds tracked by Wall St. Rank hold ARII as of Q4 2016.

White Pine Capital reported no remaining American Railcar Industries, Inc. position as of Q4 2016 after selling out during the quarter.
White Pine Capital sold 10,075 American Railcar Industries, Inc. shares in Q4 2016, an estimated $418K.
White Pine Capital first reported a position in American Railcar Industries, Inc. in Q2 2013 and held it in 9 quarters.
White Pine Capital's American Railcar Industries, Inc. position peaked at $1.94M in Q3 2013.
128 funds tracked by Wall St. Rank held American Railcar Industries, Inc. as of Q4 2016.

Based on White Pine Capital's 13F filing for Q4 2016, filed 13 Feb 2017.