Zelman Capital’s iShares Russell 2000 ETF IWM Stock Holding History

Zelman Capital’s Portfolio IWM Stock Details IWM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-3,000,000	Closed	-$373M	–	15
2016 Q3	$373M	Buy	3,000,000 +250,000	+9%	+$30.4M	72.53%	1
2016 Q2	$316M	Buy	2,750,000 +1,250,000	+83%	+$141M	56.19%	1
2016 Q1	$166M	Sell	1,500,000 -500,000	-25%	-$51.8M	48.53%	1
2015 Q4	$225M	Buy	2,000,000 +1,000,000	+100%	+$115M	55.92%	1
2015 Q3	$109M	Sell	1,000,000 -500,000	-33%	-$59.3M	38.27%	1
2015 Q2	$187M	Buy	1,500,000 +500,000	+50%	+$62.5M	46.67%	1
2015 Q1	$124M	Buy	+1,000,000	New	+$121M	39.23%	1

Other funds holding IWM

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Bank of America

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Citigroup New York $303B AUM 53.02% 1-Year Est. Return

BlackRock Institutional Trust

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

JP Morgan Chase

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Jones Financial Companies

Jones Financial Companies Des Peres, Missouri $250B AUM 21.32% 1-Year Est. Return