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HEDGE FUND OWNERSHIP

REPORT / Q1 2017
A REPORT COVERING HEDGE FUND STOCK OWNERSHIP TRENDS AND
INDIVIDUAL MANAGER PORTFOLIOS
(Based on Public Regulatory Filings via 13Fs)
ABOUT THIS REPORT
PURPOSE OF THE REPORT
For decades, investment professionals have considered hedge fund managers to be the smart normalized and analyzed data from all of the aforementioned sources and many more to build
money on Wall Street. Over the long term, hedge funds have tended to outperform traditional the Novus Global Holding Database.
benchmarks on a risk-adjusted basis, so their reputation seems justified. Still, until recently,
assessment of hedge fund trading in specific sectors and securities has been limited to a few Furthermore, we have selected a highly representative group of hedge funds sourced from the
select managers at a time, and less has been done to gauge the growing industrys direction as Novus Database and constructed the Hedge Fund Universe (HFU), a non-investable portfolio
a whole. available to clients for closer analysis via the Novus Platform. This portfolio is the basis for our
study. The indices we discuss later in the study are subsets of HFU and are also non-invest-
Recent advances in data collection and analytics coupled with deeper global public disclosure able. For the purposes of this study, we limited our analysis to just the public long global equity
requirements allow for more robust study and monitoring of hedge fund managers positioning. positions disclosed by managers in HFU as well as those that most drove performance for 2013.
In this quarterly report, Novus shares developing trends in hedge fund equity holdings. You The reasoning for trades that we outline here is conjecture and based exclusively on public
will find the most popular and highest-concentrated names in hedge funds and relate this to information. The Novus Public Ownership Database provides investors with comprehensive
out-performance of the broader market as well as study the biggest drivers of returns for the coverage of domestic and international filings for active investment managers. There are over
industry. 10,000 vetted institutions in our database, including over 5,000 hedge funds as well as long
only managers. In addition to equities, options, fixed income securities and short positions
One goal of our strategy analysis is to answer the question: Do hedge funds consistently disclosed in Europe and Asia are included in the database as well.
generate value investing in stocks that outperform the markets? While multiple studies have
concluded that funds generate little to no value over markets after fees, we find that alpha is in ABOUT NOVUS
fact generated, especially among high conviction securities, but this value may later be lost to Novus (www.novus.com) is the leading portfolio intelligence provider thats designed to enable
factors such as market exposure timing, trading, illiquidity, effects of crowding, and of course investors to consistently maximize their performance potential. We help our clients discover
fees. true investment acumen, learn from proprietary industry insights and manage all of their aggre-
gate portfolio data to help them drive higher returns.
BACKGROUND ON DATA
Governments around the globe require institutional and individual investors to file and disclose Contact us today to receive a demo: sales@novus.com.
certain holding information for varying purposes. In the U.S., the SEC requires financial institu-
tions to file Forms 13F, 13G and 13D. The Japanese 5% Shareholders filing requirement is similar
to the 13G. Like American 10K, 20F and proxy filings, British Registers requirements reveal
ownership positions. U.S. insider filings include Forms 3, 4, 5 and 144, and the U.K.s Regulatory
News Service (RNS) publishes insider holding information. Similar disclosure rules also exist in
other major financial markets and provide public holdings information. Novus has aggregated,

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 2
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TABLE OF CONTENTS
INTRODUCTION INDIVIDUAL MANAGER PORTFOLIOS
02 ABOUT THIS REPORT 27 APPALOOSA MANAGEMENT / DAVID TEPPER
28 BAUPOST GROUP / SETH KLARMAN

AGGREGATE HEDGE FUND DATA 29 COATUE MANAGEMENT / PHILIPPE LAFFONT

05 AGGREGATE SECTOR EXPOSURES 30 DUQUESNE FAMILY FUND / STANLEY DRUKENMILLER

07 TOP 50 SECURITIES OWNED BY HEDGE FUNDS 31 EMINENCE CAPITAL / RICKY SANDLER


32 FAIRHOLME CAPITAL MANAGEMENT / BRUCE BERKOWITZ
33 GLENVIEW CAPITAL MANAGEMENT / LARRY ROBBINS
TOP 25 SECURITIES OWNED BY SECTOR
34 GREENLIGHT CAPITAL / DAVID EINHORN
10 CONSUMER DISCRETIONARY
35 ICAHN MANAGEMENT / CARL ICAHN
11 CONSUMER STAPLES
36 LONE PINE CAPITAL / STEPHEN MANDEL
12 ENERGY
37 MAVERICK CAPITAL / LEE AINSLIE
13 FINANCIALS
38 OMEGA ADVISORS / LEON COOPERMAN
14 HEALTH CARE
39 PASSPORT CAPITAL / JOHN BURBANK
15 INDUSTRIALS
40 PAULSON & CO. / JOHN PAULSON
16 INFORMATION TECHNOLOGY
41 PERSHING SQUARE CAPITAL MANAGEMENT / BILL ACKMAN
17 MATERIALS
42 POINT72 ASSET MANAGEMENT (SAC) / STEVE COHEN
18 TELECOMMUNICATION SERVICES
43 SAMLYN CAPITAL / ROBERT POHLY
19 UTILITIES
44 SENATOR INVESTMENT GROUP / DOUG SILVERMAN & ALEXANDER KLABIN
45 THIRD POINT LLC / DANIEL LOEB
TOP 25 SECURITIES OWNED BY MARKET CAP
46 TIGER GLOBAL MANAGEMENT / CHASE COLEMAN & FEROZ DEWAN
21 TOP 25 MEGA-CAP SECURITIES
47 TIGER MANAGEMENT / JULIAN ROBERTSON
22 TOP 25 LARGE-CAP SECURITIES
48 TRIAN PARTNERS / NELSON PELTZ
23 TOP 25 MID-CAP SECURITIES
49 TUDOR INVESTMENT CORP. / PAUL TUDOR JONES
24 TOP 25 SMALL-CAP SECURITIES
50 VALUEACT CAPITAL / JEFFREY UBBEN
25 TOP 25 MICRO-CAP SECURITIES
51 VIKING GLOBAL INVESTORS / ANDREAS HALVORSEN

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 3
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AGGREGATE SECTOR
EXPOSURES
QUARTERLY HEDGE FUND SECTOR EXPOSURES

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


REQUEST ACCESS TO THE
PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
NOVUS OWNERSHIP PLATFORM
AGGREGATE HEDGE FUND SECTOR EXPOSURES
Q1 2016 - Q4 2016
AGGREGATE LONG/SHORT SECTOR EXPOSURES Q2 Q3 Q4 Q1 17
L
S
$ 500 B

400

300

200

100

-100

-200
CONSUMER CONSUMER INFORMATION TELECOM.
*Short Exposures are calulated using publicly
ENERGY
available short interest data.
FINANCIALS HEALTH CARE INDUSTRIALS MATERIALS REAL ESTATE UTILITIES
DISCRETIONARY STAPLES TECHNOLOGY SERVICES

Q1 2017 SECTOR EXPOSURE DETAIL

SECTOR LONG ASSETS ($B) SHORT ASSETS ($B) GROSS ASSETS ($B) NET ASSETS ($B) LONG % OF AUM SHORT % OF AUM GROSS % OF AUM NET % OF AUM

CONSUMER DISCRETIONARY 377.09 -138.57 515.66 238.52 20.47 -7.52 27.99 12.95
CONSUMER STAPLES 192.34 -43.38 235.73 148.96 10.44 -2.36 12.8 8.09
ENERGY 195.84 -57.36 253.2 138.49 10.63 -3.11 13.75 7.52
FINANCIALS 329.14 -67.02 396.16 262.12 17.87 -3.64 21.51 14.23
HEALTH CARE 276.64 -96.42 373.05 180.22 15.02 -5.23 20.25 9.78
INDUSTRIALS 262.52 -69.72 332.24 192.8 14.25 -3.79 18.04 10.47
INFORMATION TECHNOLOGY 459.89 -142.13 602.01 317.76 24.97 -7.72 32.68 17.25
MATERIALS 110.39 -28.05 138.44 82.34 5.99 -1.52 7.52 4.47
REAL ESTATE 68.81 -31.67 100.48 37.14 3.74 -1.72 5.46 2.02
TELECOMMUNICATION SERVICES 31.83 -14.25 46.08 17.58 1.73 -0.77 2.5 0.95
UTILITIES 40.66 -16.47 57.13 24.18 2.21 -0.89 3.1 1.31
TOTAL 2,345.15 -705.04 3,050.18 1,640.11 127.32 -38.27 165.60 89.04

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 5
NOVUS OWNERSHIP PLATFORM
AGGREGATE SECURITY
OWNERSHIP
TOP 50 SECURITIES OWNED BY HEDGE FUNDS

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


REQUEST ACCESS TO THE
PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
NOVUS OWNERSHIP PLATFORM
TOP 50 SECURITIES OWNED BY HEDGE FUNDS
OVERALL
% OF STOCK # OF NEW
SECURITY NAME SYMBOL VALUE OWNED ($) SHARES OWNED OWNERSHIP % OF ADV OWNERS OWNERS BUYS SELLS HOLDS EXITS

1 FACEBOOK INC FB $20,967,985,301 147,609,893 5.11% 831.18% 248 40 83 92 33 31

2 ALPHABET INC GOOGL $14,814,248,641 17,473,754 2.55% 1108.52% 235 23 62 113 37 23

3 APPLE INC AAPL $31,762,637,588 221,058,519 4.21% 809.92% 221 31 63 101 26 23

4 MICROSOFT CORP MSFT $17,065,528,331 259,040,687 3.35% 1130.95% 217 18 73 90 36 25

5 AMAZON.COM INC AMZN $13,957,725,654 15,744,045 3.30% 482.56% 208 41 57 87 23 26

6 BANK OF AMERICA CORP BAC $10,925,269,881 463,003,557 4.63% 469.64% 204 20 57 103 24 28

7 ALPHABET INC GOOG $12,687,235,889 15,293,934 2.19% 1023.54% 202 18 56 99 29 22

8 VISA INC V $14,615,678,182 164,460,480 7.09% 2025.67% 193 26 65 73 29 18

9 JPMORGAN CHASE & CO JPM $9,482,663,357 107,902,104 3.02% 678.94% 189 24 51 87 27 16

10 JOHNSON & JOHNSON JNJ $8,006,380,719 64,251,362 2.37% 899.78% 164 8 44 72 40 16

11 CITIGROUP INC C $8,970,027,348 149,906,258 5.42% 784.80% 163 26 55 58 24 24

12 WELLS FARGO & CO WFC $34,172,647,763 613,950,468 12.27% 3369.32% 162 16 36 87 23 32

13 COMCAST CORP CMCSA $12,952,285,371 344,567,315 7.25% 2043.99% 158 21 50 67 20 18

14 PFIZER INC PFE $6,886,243,898 201,130,902 3.38% 801.02% 156 21 46 60 29 20

15 DISNEY (WALT) CO DIS $5,794,344,496 51,100,218 3.23% 783.87% 153 22 53 58 20 23

16 BERKSHIRE HATHAWAY BRK.B $5,257,554,737 31,542,805 1.28% 873.43% 152 13 41 63 35 8

17 MERCK & CO MRK $6,225,419,068 97,889,995 3.57% 924.47% 152 21 47 54 30 18

18 CHARTER COMMUNICATIONS INC CHTR $20,691,762,924 63,215,700 23.51% 4306.55% 147 29 30 73 15 12

19 ALIBABA GROUP HLDG BABA $7,458,388,998 69,168,033 2.77% 709.77% 145 39 51 41 14 16

20 EXXON MOBIL CORP XOM $2,302,067,021 28,061,155 0.68% 216.26% 140 16 43 53 28 15

21 MASTERCARD INC MA $7,571,545,755 67,320,264 6.25% 2134.55% 140 13 38 66 23 28

22 UNITEDHEALTH GROUP INC UNH $5,379,211,449 32,786,829 3.40% 885.16% 138 14 44 62 18 22

23 GENERAL ELECTRIC CO GE $4,779,220,900 160,328,153 1.84% 529.65% 137 10 41 59 27 17

24 PROCTER & GAMBLE CO PG $8,244,648,862 91,757,355 3.59% 973.17% 137 20 35 56 26 8

25 GILEAD SCIENCES INC GILD $4,131,236,466 60,822,080 4.65% 579.97% 136 17 56 43 20 31

HIGHLIGHTED ROWS INDICATE THAT THE SECURITY IS NEW TO THE SPECIFIED RANKING VS. THE PREVIOUS QUARTER

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 7
NOVUS OWNERSHIP PLATFORM
TOP 50 SECURITIES OWNED BY HEDGE FUNDS
OVERALL
% OF STOCK # OF NEW
SECURITY NAME SYMBOL VALUE OWNED ($) SHARES OWNED OWNERSHIP % OF ADV OWNERS OWNERS BUYS SELLS HOLDS EXITS

26 PEPSICO INC PEP $4,928,180,323 44,053,141 3.08% 1061.16% 132 14 38 50 30 14

27 GOLDMAN SACHS GROUP INC GS $6,007,939,628 26,150,741 6.57% 678.12% 132 23 38 54 17 24

28 VERIZON COMMUNICATIONS INC VZ $3,197,980,769 65,579,283 1.61% 418.90% 131 25 44 48 14 21

29 TIME WARNER INC TWX $9,848,316,355 100,791,268 13.02% 2696.59% 129 19 53 49 8 18

30 CISCO SYSTEMS INC CSCO $4,899,617,957 144,952,663 2.89% 710.83% 129 18 36 54 21 11

31 AMGEN INC AMGN $2,799,141,518 17,059,696 2.32% 417.25% 127 23 37 43 24 18

32 BRISTOL-MYERS SQUIBB CO BMY $2,226,675,353 40,945,120 2.49% 308.21% 124 27 38 38 21 17

33 INTL BUSINESS MACHINES CORP IBM $13,573,162,645 77,942,951 8.26% 2123.15% 124 21 35 48 20 8

34 CELGENE CORP CELG $5,999,546,868 48,216,241 6.20% 1165.39% 123 13 38 50 22 19

35 PAYPAL HOLDINGS INC PYPL $7,331,424,778 170,418,986 14.11% 2635.40% 123 15 39 47 22 27

36 CHEVRON CORP CVX $2,295,776,416 21,381,034 1.13% 322.32% 122 22 29 44 27 16

37 LOWE'S COMPANIES INC LOW $5,652,522,441 68,754,482 7.94% 1267.03% 122 29 32 50 11 14

38 MCDONALD'S CORP MCD $4,273,667,462 32,971,449 4.03% 887.63% 121 25 36 44 16 12

39 HOME DEPOT INC HD $3,030,860,522 20,640,336 1.72% 508.43% 120 16 18 67 19 26

40 SCHLUMBERGER LTD SLB $1,873,690,580 23,987,881 1.72% 395.53% 119 24 37 40 18 13

41 DELTA AIR LINES INC DAL $7,065,877,284 153,739,453 20.90% 1853.88% 118 17 49 34 18 21

42 INTEL CORP INTC $4,871,522,189 134,952,477 2.86% 566.90% 118 27 27 52 12 18

43 BIOGEN INC BIIB $3,747,824,253 13,706,451 6.35% 799.92% 118 20 24 57 17 14

44 AT&T INC T $3,982,850,044 95,844,269 1.56% 490.20% 116 15 26 53 22 13

45 PRICELINE GROUP INC PCLN $9,028,192,957 5,072,104 10.32% 1241.52% 116 14 38 51 13 22

46 ALLERGAN PLC AGN $6,444,788,429 26,974,635 8.04% 778.09% 114 24 24 53 13 34

47 CVS HEALTH CORP CVS $3,172,105,125 40,406,608 3.91% 582.31% 112 22 27 48 15 19

48 ABBVIE INC ABBV $2,287,059,589 35,086,912 2.20% 511.09% 111 22 32 37 20 14

49 UNION PACIFIC CORP UNP $2,795,965,081 26,395,900 3.25% 674.56% 110 14 25 55 16 26

50 COCA-COLA CO KO $19,145,167,960 451,106,595 10.51% 3063.99% 109 19 21 46 23 17

HIGHLIGHTED ROWS INDICATE THAT THE SECURITY IS NEW TO THE SPECIFIED RANKING VS. THE PREVIOUS QUARTER

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 8
NOVUS OWNERSHIP PLATFORM
TOP 25 SECURITIES
OWNED BY SECTOR
A REVIEW OF AGGREGATE HEDGE FUND OWNERSHIP TRENDS AND
INDIVIDUAL FUND PORTFOLIOS

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


REQUEST ACCESS TO THE
PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
NOVUS OWNERSHIP PLATFORM
TOP 25 SECURITIES OWNED BY SECTOR
CONSUMER DISCRETIONARY
% OF STOCK # OF NEW
SECURITY NAME SYMBOL VALUE OWNED ($) SHARES OWNED OWNERSHIP % OF ADV OWNERS OWNERS BUYS SELLS HOLDS EXITS

1 AMAZON.COM INC AMZN $13,957,725,654 15,744,045 3.30% 482.56% 208 41 57 87 23 26

2 COMCAST CORP CMCSA $12,952,285,371 344,567,315 7.25% 2043.99% 158 21 50 67 20 18

3 DISNEY (WALT) CO DIS $5,794,344,496 51,100,218 3.23% 783.87% 153 22 53 58 20 23

4 CHARTER COMMUNICATIONS INC CHTR $20,691,762,924 63,215,700 23.51% 4306.55% 147 29 30 73 15 12

5 TIME WARNER INC TWX $9,848,316,355 100,791,268 13.02% 2696.59% 129 19 53 49 8 18

6 LOWE'S COMPANIES INC LOW $5,652,522,441 68,754,482 7.94% 1267.03% 122 29 32 50 11 14

7 MCDONALD'S CORP MCD $4,273,667,462 32,971,449 4.03% 887.63% 121 25 36 44 16 12

8 HOME DEPOT INC HD $3,030,860,522 20,640,336 1.72% 508.43% 120 16 18 67 19 26

9 PRICELINE GROUP INC PCLN $9,028,192,957 5,072,104 10.32% 1241.52% 116 14 38 51 13 22

10 NETFLIX INC NFLX $8,042,873,920 54,413,598 12.64% 882.66% 109 19 36 43 11 15

11 TJX COMPANIES INC TJX $4,243,688,628 53,662,160 8.31% 1386.31% 96 20 25 43 8 23

12 STARBUCKS CORP SBUX $2,244,453,136 38,438,544 2.64% 391.50% 94 13 26 41 14 31

13 GENERAL MOTORS CO GM $5,684,615,757 160,756,999 10.73% 1025.11% 92 18 25 36 13 22

14 MOHAWK INDUSTRIES INC MHK $3,327,023,702 14,497,467 19.54% 2676.96% 88 17 29 33 9 9

15 MGM RESORTS INTERNATIONAL MGM $2,548,336,880 93,004,716 16.20% 999.05% 83 26 23 28 6 25

16 NIKE INC NKE $3,795,949,188 68,111,825 4.12% 700.69% 82 21 20 31 10 24

17 DOLLAR TREE INC DLTR $4,014,565,095 51,167,029 21.65% 1746.94% 80 15 27 31 7 29

18 EXPEDIA INC EXPE $4,023,564,883 31,889,891 21.29% 1711.41% 80 16 23 35 6 25

19 FORD MOTOR CO F $973,043,112 83,590,912 2.10% 214.54% 77 8 31 29 9 14

20 DOLLAR GENERAL CORP DG $1,585,912,838 22,743,613 8.27% 765.25% 76 31 23 13 9 25

21 JD.COM INC -ADR JD $8,192,645,497 263,344,439 18.57% 3826.99% 76 25 29 18 4 6

22 YUM BRANDS INC YUM $1,927,989,911 30,171,415 8.53% 1169.80% 76 21 26 21 8 15

23 DISH NETWORK CORP DISH $1,875,791,416 29,544,675 6.35% 834.68% 72 25 23 20 4 22

24 DICKS SPORTING GOODS INC DKS $1,028,131,166 21,127,676 18.73% 721.85% 72 23 27 18 4 16

25 TARGET CORP TGT $959,898,204 17,392,581 3.15% 225.67% 71 19 22 24 6 30

HIGHLIGHTED ROWS INDICATE THAT THE SECURITY IS NEW TO THE SPECIFIED RANKING VS. THE PREVIOUS QUARTER

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 10
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TOP 25 SECURITIES OWNED BY SECTOR
CONSUMER STAPLES
% OF STOCK # OF NEW
SECURITY NAME SYMBOL VALUE OWNED ($) SHARES OWNED OWNERSHIP % OF ADV OWNERS OWNERS BUYS SELLS HOLDS EXITS

1 PROCTER & GAMBLE CO PG $8,244,648,862 91,757,355 3.59% 973.17% 137 20 35 56 26 8

2 PEPSICO INC PEP $4,928,180,323 44,053,141 3.08% 1061.16% 132 14 38 50 30 14

3 CVS HEALTH CORP CVS $3,172,105,125 40,406,608 3.91% 582.31% 112 22 27 48 15 19

4 COCA-COLA CO KO $19,145,167,960 451,106,595 10.51% 3063.99% 109 19 21 46 23 17

5 WAL-MART STORES INC WMT $3,519,611,778 48,828,705 1.61% 522.20% 106 15 26 52 13 19

6 MONDELEZ INTERNATIONAL INC MDLZ $6,481,130,450 150,440,096 9.87% 1875.57% 106 26 29 26 25 21

7 WALGREENS BOOTS ALLIANCE INC WBA $3,334,559,959 40,150,926 3.72% 1084.05% 103 8 28 44 23 19

8 ALTRIA GROUP INC MO $2,427,850,628 33,989,563 1.75% 514.99% 102 17 29 41 15 14

9 CONSTELLATION BRANDS STZ $7,416,988,074 45,763,909 23.34% 2365.74% 96 26 30 31 9 25

10 COLGATE-PALMOLIVE CO CL $3,010,551,972 41,131,781 4.65% 922.89% 93 15 24 39 15 20

11 PHILIP MORRIS INTERNATIONAL PM $5,339,416,177 47,289,034 3.05% 1021.91% 93 12 17 50 14 13

12 KRAFT HEINZ CO KHC $32,251,280,602 355,150,999 29.18% 10934.61% 91 25 22 31 13 13

13 COSTCO WHOLESALE CORP COST $2,620,942,557 15,629,585 3.56% 674.84% 88 13 23 41 11 24

14 MOLSON COORS BREWING CO TAP $2,105,856,082 22,001,096 10.23% 1438.17% 78 15 24 32 7 17

15 KIMBERLY-CLARK CORP KMB $1,187,937,468 9,023,121 2.54% 438.75% 74 17 15 32 10 19

16 REYNOLDS AMERICAN INC RAI $4,437,100,882 70,403,608 4.93% 871.07% 73 12 34 21 6 22

17 GENERAL MILLS INC GIS $654,391,750 11,089,300 1.92% 347.58% 70 20 18 22 10 13

18 TYSON FOODS INC -CL A TSN $1,550,715,949 25,128,774 6.84% 883.47% 70 15 18 32 5 16

19 HERSHEY CO HSY $919,034,193 8,411,648 5.53% 803.61% 67 19 18 17 13 11

20 KROGER CO KR $693,673,732 23,521,283 2.57% 275.81% 66 15 22 21 8 25

21 MEAD JOHNSON NUTRITION CO MJN $3,499,288,096 39,281,614 21.39% 974.29% 65 34 15 11 5 25

22 PINNACLE FOODS INC PF $1,305,287,653 22,555,515 19.09% 2527.15% 64 17 19 25 3 6

23 CONAGRA BRANDS INC CAG $1,550,625,184 38,420,693 8.83% 1209.49% 61 8 21 23 9 17

24 SYSCO CORP SYY $3,663,839,823 70,566,570 13.06% 2011.97% 61 10 15 31 5 25

25 MONSTER BEVERAGE CORP MNST $1,186,714,805 25,703,158 4.54% 958.41% 60 16 20 19 5 15

HIGHLIGHTED ROWS INDICATE THAT THE SECURITY IS NEW TO THE SPECIFIED RANKING VS. THE PREVIOUS QUARTER

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 11
NOVUS OWNERSHIP PLATFORM
TOP 25 SECURITIES OWNED BY SECTOR
ENERGY
% OF STOCK # OF NEW
SECURITY NAME SYMBOL VALUE OWNED ($) SHARES OWNED OWNERSHIP % OF ADV OWNERS OWNERS BUYS SELLS HOLDS EXITS

1 EXXON MOBIL CORP XOM $2,302,067,021 28,061,155 0.68% 216.26% 140 16 43 53 28 15

2 CHEVRON CORP CVX $2,295,776,416 21,381,034 1.13% 322.32% 122 22 29 44 27 16

3 SCHLUMBERGER LTD SLB $1,873,690,580 23,987,881 1.72% 395.53% 119 24 37 40 18 13

4 KINDER MORGAN INC KMI $2,991,863,633 137,616,179 6.16% 1154.62% 103 9 35 41 18 17

5 HALLIBURTON CO HAL $2,417,896,698 49,134,041 5.67% 579.53% 102 17 38 33 14 26

6 EOG RESOURCES INC EOG $2,136,448,606 21,900,833 3.79% 641.03% 102 22 31 35 14 19

7 ANADARKO PETROLEUM CORP APC $2,338,370,472 37,715,644 6.75% 902.66% 99 16 34 33 16 18

8 PIONEER NATURAL RESOURCES CO PXD $3,369,972,162 18,095,752 10.66% 955.21% 96 14 29 42 11 20

9 DEVON ENERGY CORP DVN $1,820,286,738 43,631,034 8.32% 986.42% 92 17 26 40 9 17

10 CONOCOPHILLIPS COP $2,182,925,383 43,771,840 3.54% 573.52% 88 15 32 25 16 15

11 MARATHON PETROLEUM CORP MPC $3,042,835,993 60,203,811 11.41% 1156.89% 86 14 29 33 10 19

12 WILLIAMS COS INC WMB $3,869,822,608 130,781,135 15.84% 1332.84% 83 16 36 25 6 27

13 RANGE RESOURCES CORP RRC $1,619,924,203 55,657,153 22.78% 1186.52% 79 25 30 18 6 16

14 OCCIDENTAL PETROLEUM CORP OXY $1,722,645,233 27,181,369 3.56% 518.51% 70 16 22 24 8 20

15 NEWFIELD EXPLORATION CO NFX $851,256,769 23,063,039 11.68% 787.21% 66 17 21 23 5 21

16 CIMAREX ENERGY CO XEC $1,403,732,370 11,747,696 12.35% 1100.16% 66 13 22 25 6 13

17 DIAMONDBACK ENERGY INC FANG $1,259,538,192 12,144,224 12.41% 809.88% 66 17 22 20 7 22

18 PARSLEY ENERGY INC PE $2,113,645,387 65,015,238 26.38% 1202.76% 65 18 30 12 5 21

19 APACHE CORP APA $403,672,112 7,854,792 2.07% 208.86% 64 13 20 21 10 13

20 ATHENE HOLDING LTD ATH $1,250,458,708 25,014,177 12.48% 2666.55% 62 30 23 5 4 6

21 BAKER HUGHES INC BHI $2,510,049,712 41,960,042 9.86% 1670.55% 61 9 18 31 3 17

22 CHENIERE ENERGY INC LNG $6,866,836,228 145,268,378 61.05% 6930.44% 61 15 16 21 9 13

23 NABORS INDUSTRIES LTD NBR $494,451,131 37,830,997 13.26% 578.40% 60 24 14 17 5 10

24 VALERO ENERGY CORP VLO $577,024,457 8,703,953 1.94% 186.43% 60 10 17 27 6 25

25 CONCHO RESOURCES INC CXO $566,146,242 4,411,300 3.04% 319.30% 60 12 21 23 4 14

HIGHLIGHTED ROWS INDICATE THAT THE SECURITY IS NEW TO THE SPECIFIED RANKING VS. THE PREVIOUS QUARTER

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 12
NOVUS OWNERSHIP PLATFORM
TOP 25 SECURITIES OWNED BY SECTOR
FINANCIALS
% OF STOCK # OF NEW
SECURITY NAME SYMBOL VALUE OWNED ($) SHARES OWNED OWNERSHIP % OF ADV OWNERS OWNERS BUYS SELLS HOLDS EXITS

1 BANK OF AMERICA CORP BAC $10,925,269,881 463,003,557 4.63% 469.64% 204 20 57 103 24 28

2 JPMORGAN CHASE & CO JPM $9,482,663,357 107,902,104 3.02% 678.94% 189 24 51 87 27 16

3 CITIGROUP INC C $8,970,027,348 149,906,258 5.42% 784.80% 163 26 55 58 24 24

4 WELLS FARGO & CO WFC $34,172,647,763 613,950,468 12.27% 3369.32% 162 16 36 87 23 32

5 BERKSHIRE HATHAWAY BRK.B $5,257,554,737 31,542,805 1.28% 873.43% 152 13 41 63 35 8

6 GOLDMAN SACHS GROUP INC GS $6,007,939,628 26,150,741 6.57% 678.12% 132 23 38 54 17 24

7 AMERICAN EXPRESS CO AXP $13,428,061,357 169,738,501 18.86% 3934.66% 99 16 16 44 23 23

8 U S BANCORP USB $6,110,123,312 118,642,921 7.01% 1709.19% 97 16 25 38 18 14

9 PNC FINANCIAL SVCS GROUP INC PNC $2,028,922,348 16,873,573 3.47% 634.68% 92 21 21 38 12 17

10 SYNCHRONY FINANCIAL SYF $3,911,794,960 114,037,192 14.07% 1997.04% 92 17 37 30 8 18

11 SCHWAB (CHARLES) CORP SCHW $5,281,495,636 129,416,601 9.68% 1664.34% 91 20 28 35 8 16

12 AMERICAN INTERNATIONAL GROUP AIG $8,019,511,251 128,456,045 13.15% 1875.52% 89 13 18 44 14 35

13 AMERICAN TOWER CORP AMT $5,054,506,277 41,587,083 9.73% 1951.46% 89 20 24 33 12 13

14 CME GROUP INC CME $2,511,228,650 21,135,175 6.22% 1357.38% 83 12 28 32 11 12

15 S&P GLOBAL INC SPGI $5,250,448,528 40,159,459 15.53% 3288.99% 80 16 11 45 8 13

16 CITIZENS FINANCIAL GROUP INC CFG $1,528,627,467 44,243,422 8.69% 864.01% 80 15 27 31 7 15

17 MORGAN STANLEY MS $3,246,182,150 75,774,560 4.06% 661.30% 79 13 22 40 4 26

18 BERKSHIRE HATHAWAY BRK.A $3,378,221,850 13,521 0.82% 3900.71% 75 3 4 8 60 7

19 CAPITAL ONE FINANCIAL CORP COF $1,969,431,073 22,724,133 4.71% 898.52% 75 18 25 25 7 13

20 TRAVELERS COS INC TRV $1,248,169,926 10,354,755 3.70% 705.46% 73 16 24 23 10 9

21 INTERCONTINENTAL EXCHANGE ICE $2,952,308,324 49,311,904 8.31% 1746.19% 73 16 16 33 8 23

22 METLIFE INC MET $1,664,438,364 31,499,858 2.90% 520.00% 72 12 23 27 10 21

23 REGIONS FINANCIAL CORP RF $1,398,645,400 96,257,779 7.99% 616.94% 71 18 18 24 11 16

24 SUNTRUST BANKS INC STI $1,283,620,551 23,211,608 4.72% 646.41% 71 18 24 22 7 17

25 PROGRESSIVE CORP-OHIO PGR $2,248,989,477 57,401,467 9.88% 2003.54% 71 12 25 31 3 9

HIGHLIGHTED ROWS INDICATE THAT THE SECURITY IS NEW TO THE SPECIFIED RANKING VS. THE PREVIOUS QUARTER

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 13
NOVUS OWNERSHIP PLATFORM
TOP 25 SECURITIES OWNED BY SECTOR
HEALTH CARE
% OF STOCK # OF NEW
SECURITY NAME SYMBOL VALUE OWNED ($) SHARES OWNED OWNERSHIP % OF ADV OWNERS OWNERS BUYS SELLS HOLDS EXITS

1 JOHNSON & JOHNSON JNJ $8,006,380,719 64,251,362 2.37% 899.78% 164 8 44 72 40 16

2 PFIZER INC PFE $6,886,243,898 201,130,902 3.38% 801.02% 156 21 46 60 29 20

3 MERCK & CO MRK $6,225,419,068 97,889,995 3.57% 924.47% 152 21 47 54 30 18

4 UNITEDHEALTH GROUP INC UNH $5,379,211,449 32,786,829 3.40% 885.16% 138 14 44 62 18 22

5 GILEAD SCIENCES INC GILD $4,131,236,466 60,822,080 4.65% 579.97% 136 17 56 43 20 31

6 AMGEN INC AMGN $2,799,141,518 17,059,696 2.32% 417.25% 127 23 37 43 24 18

7 BRISTOL-MYERS SQUIBB CO BMY $2,226,675,353 40,945,120 2.49% 308.21% 124 27 38 38 21 17

8 CELGENE CORP CELG $5,999,546,868 48,216,241 6.20% 1165.39% 123 13 38 50 22 19

9 BIOGEN INC BIIB $3,747,824,253 13,706,451 6.35% 799.92% 118 20 24 57 17 14

10 ALLERGAN PLC AGN $6,444,788,429 26,974,635 8.04% 778.09% 114 24 24 53 13 34

11 ABBVIE INC ABBV $2,287,059,589 35,086,912 2.20% 511.09% 111 22 32 37 20 14

12 ABBOTT LABORATORIES ABT $2,938,864,633 66,172,596 3.83% 783.03% 107 22 37 35 13 28

13 THERMO FISHER SCIENTIFIC INC TMO $3,336,439,330 21,721,265 5.56% 1238.58% 102 17 27 42 16 17

14 EXPRESS SCRIPTS HOLDING CO ESRX $3,974,964,740 60,308,978 10.05% 1381.37% 97 20 29 34 14 14

15 MEDTRONIC PLC MDT $2,465,432,132 30,578,959 2.24% 574.32% 95 17 22 40 16 14

16 MCKESSON CORP MCK $2,647,948,729 17,860,129 8.42% 931.58% 94 22 24 39 9 19

17 AETNA INC AET $4,225,881,433 33,131,069 9.42% 1061.14% 92 13 39 31 9 27

18 LILLY (ELI) & CO LLY $2,296,076,363 27,297,925 2.59% 685.13% 90 13 25 32 20 19

19 CIGNA CORP CI $4,523,015,130 30,874,759 12.03% 2230.22% 88 21 24 33 10 15

20 HUMANA INC HUM $4,793,999,467 23,256,037 16.12% 1365.53% 87 33 20 33 1 17

21 ANTHEM INC ANTM $5,061,009,016 30,592,015 11.58% 1761.53% 87 17 24 34 12 22

22 BAXTER INTERNATIONAL INC BAX $4,398,048,398 84,805,633 15.65% 3037.09% 84 12 29 34 9 12

23 HCA HOLDINGS INC HCA $4,186,749,817 47,047,419 12.70% 1892.67% 84 20 25 27 12 15

24 ALEXION PHARMACEUTICALS INC ALXN $2,988,381,958 24,648,482 10.97% 1144.49% 82 29 28 19 6 20

25 SHIRE PLC SHPG $3,720,448,482 21,353,515 7.10% 2068.02% 80 20 23 30 7 11

HIGHLIGHTED ROWS INDICATE THAT THE SECURITY IS NEW TO THE SPECIFIED RANKING VS. THE PREVIOUS QUARTER

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 14
NOVUS OWNERSHIP PLATFORM
TOP 25 SECURITIES OWNED BY SECTOR
INDUSTRIALS
% OF STOCK # OF NEW
SECURITY NAME SYMBOL VALUE OWNED ($) SHARES OWNED OWNERSHIP % OF ADV OWNERS OWNERS BUYS SELLS HOLDS EXITS

1 GENERAL ELECTRIC CO GE $4,779,220,900 160,328,153 1.84% 529.65% 137 10 41 59 27 17

2 DELTA AIR LINES INC DAL $7,065,877,284 153,739,453 20.90% 1853.88% 118 17 49 34 18 21

3 UNION PACIFIC CORP UNP $2,795,965,081 26,395,900 3.25% 674.56% 110 14 25 55 16 26

4 HONEYWELL INTERNATIONAL INC HON $2,090,248,927 16,738,604 2.20% 570.74% 98 18 28 34 18 17

5 CSX CORP CSX $3,226,785,703 69,318,046 7.48% 541.21% 92 39 18 29 6 17

6 BOEING CO BA $2,336,713,376 13,211,751 2.17% 387.27% 92 28 19 31 14 11

7 RAYTHEON CO RTN $2,912,719,500 19,099,800 6.52% 1126.33% 86 17 26 34 9 17

8 DANAHER CORP DHR $2,069,084,922 24,191,189 3.49% 1033.61% 85 12 20 41 12 18

9 FEDEX CORP FDX $3,903,078,659 20,000,264 7.48% 1192.47% 82 17 25 28 12 22

10 UNITED CONTINENTAL HLDGS INC UAL $6,022,517,111 85,256,471 27.10% 2195.06% 80 17 23 28 12 20

11 UNITED TECHNOLOGIES CORP UTX $2,316,230,951 20,639,853 2.57% 689.12% 77 12 17 29 19 22

12 3M CO MMM $1,419,855,147 7,420,352 1.24% 378.62% 77 8 17 27 25 19

13 GENERAL DYNAMICS CORP GD $2,211,489,259 11,813,511 3.89% 871.92% 76 12 16 39 9 11

14 HD SUPPLY HOLDINGS INC HDS $2,182,980,800 53,081,600 26.31% 2661.19% 76 16 33 21 6 19

15 SOUTHWEST AIRLINES LUV $4,827,761,434 89,802,110 14.60% 1545.55% 73 24 13 31 5 22

16 LOCKHEED MARTIN CORP LMT $1,086,885,097 4,061,190 1.40% 346.64% 72 11 21 27 13 29

17 CUMMINS INC CMI $1,115,634,537 7,378,521 4.41% 607.99% 71 14 22 27 8 12

18 DEERE & CO DE $2,704,379,954 24,841,446 7.81% 1053.51% 70 13 23 25 9 14

19 WASTE MANAGEMENT INC WM $2,222,478,733 30,476,324 6.90% 1938.35% 70 7 21 32 10 16

20 ALASKA AIR GROUP INC ALK $1,527,248,486 16,560,849 13.39% 1236.14% 69 27 13 22 7 7

21 UNITED PARCEL SERVICE INC UPS $1,080,313,933 10,066,723 1.16% 317.07% 69 12 16 32 9 27

22 NORTHROP GRUMMAN CORP NOC $2,495,587,434 10,492,707 6.01% 1074.55% 68 10 20 28 10 12

23 NORFOLK SOUTHERN CORP NSC $988,467,022 8,827,896 2.84% 407.06% 68 19 19 23 7 20

24 EMERSON ELECTRIC CO EMR $1,540,262,025 25,727,059 3.99% 659.13% 67 14 14 31 8 13

25 CATERPILLAR INC CAT $1,149,526,702 12,392,064 2.11% 238.98% 66 23 13 21 9 19

HIGHLIGHTED ROWS INDICATE THAT THE SECURITY IS NEW TO THE SPECIFIED RANKING VS. THE PREVIOUS QUARTER

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 15
NOVUS OWNERSHIP PLATFORM
TOP 25 SECURITIES OWNED BY SECTOR
INFORMATION TECHNOLOGY
% OF STOCK # OF NEW
SECURITY NAME SYMBOL VALUE OWNED ($) SHARES OWNED OWNERSHIP % OF ADV OWNERS OWNERS BUYS SELLS HOLDS EXITS

1 FACEBOOK INC FB $20,967,985,301 147,609,893 5.11% 831.18% 248 40 83 92 33 31

2 ALPHABET INC GOOGL $14,814,248,641 17,473,754 2.55% 1108.52% 235 23 62 113 37 23

3 APPLE INC AAPL $31,762,637,588 221,058,519 4.21% 809.92% 221 31 63 101 26 23

4 MICROSOFT CORP MSFT $17,065,528,331 259,040,687 3.35% 1130.95% 217 18 73 90 36 25

5 ALPHABET INC GOOG $12,687,235,889 15,293,934 2.19% 1023.54% 202 18 56 99 29 22

6 VISA INC V $14,615,678,182 164,460,480 7.09% 2025.67% 193 26 65 73 29 18

7 ALIBABA GROUP HLDG BABA $7,458,388,998 69,168,033 2.77% 709.77% 145 39 51 41 14 16

8 MASTERCARD INC MA $7,571,545,755 67,320,264 6.25% 2134.55% 140 13 38 66 23 28

9 CISCO SYSTEMS INC CSCO $4,899,617,957 144,952,663 2.89% 710.83% 129 18 36 54 21 11

10 INTL BUSINESS MACHINES CORP IBM $13,573,162,645 77,942,951 8.26% 2123.15% 124 21 35 48 20 8

11 PAYPAL HOLDINGS INC PYPL $7,331,424,778 170,418,986 14.11% 2635.40% 123 15 39 47 22 27

12 INTEL CORP INTC $4,871,522,189 134,952,477 2.86% 566.90% 118 27 27 52 12 18

13 SALESFORCE.COM INC CRM $4,358,362,780 52,835,044 7.47% 1126.66% 109 28 27 44 10 14

14 DELL TECHNOLOGIES INC DVMT $4,292,530,677 66,987,058 30.87% 5441.50% 108 10 37 39 22 12

15 YAHOO INC YHOO $13,716,870,635 295,558,514 30.90% 4252.72% 103 15 40 33 15 12

16 BROADCOM LTD AVGO $6,833,957,591 31,208,689 7.78% 1089.20% 103 19 33 41 10 21

17 NXP SEMICONDUCTORS NV NXPI $10,430,640,369 100,779,134 30.05% 3664.05% 102 22 43 27 10 18

18 ORACLE CORP ORCL $6,817,296,250 152,816,148 3.71% 1151.83% 101 27 28 35 11 16

19 ADOBE SYSTEMS INC ADBE $4,614,810,731 35,463,081 7.17% 1477.29% 99 19 25 47 8 17

20 EBAY INC EBAY $3,535,718,422 105,323,754 9.69% 1136.93% 99 21 31 39 8 25

21 QUALCOMM INC QCOM $2,243,610,229 39,120,150 2.65% 307.23% 94 25 28 33 8 33

22 MICRON TECHNOLOGY INC MU $3,155,286,885 109,179,477 9.87% 408.35% 93 16 26 44 7 17

23 WESTERN DIGITAL CORP WDC $2,199,405,771 26,649,170 9.25% 657.68% 87 23 35 27 2 17

24 FLEETCOR TECHNOLOGIES INC FLT $3,648,725,839 24,095,132 26.22% 2329.01% 87 26 29 28 4 13

25 ELECTRONIC ARTS INC EA $2,737,724,005 30,582,261 9.92% 1080.62% 85 21 22 33 9 24

HIGHLIGHTED ROWS INDICATE THAT THE SECURITY IS NEW TO THE SPECIFIED RANKING VS. THE PREVIOUS QUARTER

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 16
NOVUS OWNERSHIP PLATFORM
TOP 25 SECURITIES OWNED BY SECTOR
MATERIALS
% OF STOCK # OF NEW
SECURITY NAME SYMBOL VALUE OWNED ($) SHARES OWNED OWNERSHIP % OF ADV OWNERS OWNERS BUYS SELLS HOLDS EXITS

1 MONSANTO CO MON $5,755,657,826 50,844,842 11.59% 2578.50% 107 20 35 36 16 15

2 DOW CHEMICAL DOW $6,021,341,719 94,761,763 7.77% 1529.00% 95 18 32 33 12 18

3 LYONDELLBASELL INDUSTRIES NV LYB $1,966,818,013 21,568,106 5.36% 775.41% 78 17 25 30 6 11

4 VULCAN MATERIALS CO VMC $1,825,719,014 15,153,524 11.42% 1008.79% 76 30 25 13 8 16

5 SEALED AIR CORP SEE $1,699,085,898 38,987,497 20.15% 1981.97% 75 14 25 23 13 10

6 DU PONT (E I) DE NEMOURS DD $3,851,336,132 47,937,798 5.55% 1683.47% 74 21 14 24 15 11

7 AIR PRODUCTS & CHEMICALS INC APD $2,011,219,244 14,865,855 6.83% 985.75% 74 8 26 36 4 19

8 SHERWIN-WILLIAMS CO SHW $2,710,225,580 8,737,262 9.38% 1232.15% 74 24 13 28 9 24

9 BERRY GLOBAL GROUP INC BERY $1,530,786,810 31,517,126 25.76% 2811.68% 73 14 23 33 3 14

10 GRACE (W R) & CO GRA $1,233,036,762 17,688,079 25.86% 3345.58% 65 14 20 26 5 11

11 AXALTA COATING SYSTEMS LTD AXTA $3,289,302,869 102,152,263 42.31% 5472.21% 64 17 16 28 3 13

12 FMC CORP FMC $1,693,441,398 24,334,467 18.18% 1734.59% 63 21 20 18 4 15

13 FREEPORT-MCMORAN INC FCX $2,962,005,333 221,706,986 15.34% 783.24% 61 18 16 22 5 24

14 PRAXAIR INC PX $1,595,879,871 13,455,429 4.72% 916.10% 59 12 19 18 10 13

15 ALBEMARLE CORP ALB $1,036,462,501 9,811,197 8.86% 954.28% 59 17 13 22 7 11

16 UNITED STATES STEEL CORP X $766,206,751 22,662,134 13.00% 130.09% 58 28 15 15 0 23

17 MARTIN MARIETTA MATERIALS MLM $1,980,669,166 9,075,231 14.39% 1211.08% 58 15 15 21 7 9

18 EAGLE MATERIALS INC EXP $500,910,764 5,156,586 10.65% 784.81% 57 23 17 13 4 13

19 CELANESE CORP CE $1,588,647,284 17,681,105 12.57% 1930.52% 57 12 11 30 4 15

20 BARRICK GOLD CORP ABX $1,277,877,893 67,291,385 5.79% 420.71% 56 12 20 17 7 12

21 NEWMONT MINING CORP NEM $503,522,601 15,276,615 2.87% 225.78% 55 9 16 23 7 14

22 CHEMOURS CO CC $1,093,736,218 28,408,722 15.45% 858.33% 55 21 11 20 3 9

23 ALCOA CORP AA $1,665,793,718 48,424,236 26.29% 1072.07% 55 30 15 8 2 11

24 HUNTSMAN CORP HUN $988,455,969 40,276,993 16.81% 1513.44% 55 10 14 26 5 10

25 SUMMIT MATERIALS INC SUM $852,619,934 34,505,056 32.44% 1871.58% 54 16 16 18 4 10

HIGHLIGHTED ROWS INDICATE THAT THE SECURITY IS NEW TO THE SPECIFIED RANKING VS. THE PREVIOUS QUARTER

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 17
NOVUS OWNERSHIP PLATFORM
TOP 25 SECURITIES OWNED BY SECTOR
TELECOMMUNICATION SERVICES
% OF STOCK # OF NEW
SECURITY NAME SYMBOL VALUE OWNED ($) SHARES OWNED OWNERSHIP % OF ADV OWNERS OWNERS BUYS SELLS HOLDS EXITS

1 VERIZON COMMUNICATIONS INC VZ $3,197,980,769 65,579,283 1.61% 418.90% 131 25 44 48 14 21

2 AT&T INC T $3,982,850,044 95,844,269 1.56% 490.20% 116 15 26 53 22 13

3 T-MOBILE US INC TMUS $4,592,288,867 71,099,069 8.60% 1442.78% 104 27 37 31 9 17

4 SBA COMMUNICATIONS CORP SBAC $4,127,277,495 34,288,257 28.34% 3172.40% 69 24 18 19 8 14

5 LEVEL 3 COMMUNICATIONS INC LVLT $4,082,048,593 71,339,542 19.81% 3241.81% 65 5 29 24 7 14

6 ZAYO GROUP HOLDINGS INC ZAYO $2,153,344,809 65,451,210 26.97% 2305.42% 65 15 23 22 5 17

7 CENTURYLINK INC CTL $540,847,207 22,929,703 4.20% 287.53% 49 15 12 16 6 16

8 CHINA MOBILE LTD CHL $669,232,238 12,117,187 0.30% 1894.21% 40 10 16 12 2 3

9 VODAFONE GROUP PLC VOD $837,772,008 31,697,768 1.21% 582.82% 37 8 12 13 4 11

10 FRONTIER COMMUNICATIONS CORP FTR $181,219,559 84,656,719 7.19% 210.22% 37 12 15 9 1 10

11 SPRINT CORP S $491,134,112 56,582,271 1.42% 348.25% 35 15 7 10 3 17

12 VONAGE HOLDINGS CORP VG $101,152,643 16,005,165 7.29% 524.52% 34 4 10 17 3 14

13 TELEPHONE & DATA SYSTEMS INC TDS $151,130,170 5,700,874 5.17% 839.68% 33 12 8 12 1 10

14 BCE INC BCE $737,523,812 16,659,675 1.86% 1719.60% 31 3 12 14 2 7

15 ROGERS COMMUNICATIONS -CL B RCI $788,647,471 17,834,633 3.47% 6276.97% 30 10 10 10 0 4

16 8X8 INC EGHT $146,315,713 9,594,473 10.55% 1354.95% 29 4 11 11 3 7

17 WINDSTREAM HOLDINGS INC WIN $122,689,837 22,502,648 12.15% 741.63% 29 16 6 6 1 9

18 MOBILE TELESYSTEMS PJSC MBT $405,024,661 36,719,587 3.73% 1165.41% 26 6 11 5 4 5

19 TELUS CORP TU $649,283,710 19,990,262 3.40% 5130.95% 23 6 8 8 1 3

20 FAIRPOINT COMMUNICATIONS INC FRP $215,070,148 12,956,033 47.89% 4427.41% 23 6 6 9 2 4

21 GLOBALSTAR INC GSAT $189,633,262 118,520,789 10.62% 1584.75% 22 5 11 4 2 8

22 BOINGO WIRELESS INC WIFI $130,466,611 10,043,619 25.99% 4992.97% 22 2 7 10 3 4

23 AMERICA MOVIL SA DE CV AMX $184,222,759 13,000,456 0.40% 333.82% 22 6 6 4 6 1

24 SPOK HOLDINGS INC SPOK $53,644,099 2,818,288 13.75% 2226.25% 21 7 3 7 4 1

25 OOMA INC OOMA $56,621,699 5,690,623 31.53% 3685.47% 21 12 8 0 1 0

HIGHLIGHTED ROWS INDICATE THAT THE SECURITY IS NEW TO THE SPECIFIED RANKING VS. THE PREVIOUS QUARTER

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 18
NOVUS OWNERSHIP PLATFORM
TOP 25 SECURITIES OWNED BY SECTOR
UTILITIES
% OF STOCK # OF NEW
SECURITY NAME SYMBOL VALUE OWNED ($) SHARES OWNED OWNERSHIP % OF ADV OWNERS OWNERS BUYS SELLS HOLDS EXITS

1 NEXTERA ENERGY INC NEE $1,785,693,636 13,909,486 2.97% 764.23% 69 11 18 27 13 13

2 SOUTHERN CO SO $687,407,865 13,805,643 1.39% 273.39% 63 19 20 16 8 8

3 NRG ENERGY INC NRG $1,110,367,414 59,375,918 18.79% 886.78% 56 18 13 21 4 13

4 CENTERPOINT ENERGY INC CNP $638,722,644 23,165,643 5.38% 765.38% 51 13 17 16 5 9

5 AES CORP AES $378,823,736 33,884,034 5.14% 603.07% 51 17 19 12 3 8

6 AMERICAN ELECTRIC POWER CO AEP $1,805,726,712 26,898,737 5.47% 1142.72% 50 9 17 19 5 6

7 CMS ENERGY CORP CMS $669,158,060 14,956,595 5.35% 822.61% 49 15 17 14 3 6

8 PUBLIC SERVICE ENTRP GRP INC PEG $932,045,537 21,014,861 4.15% 815.16% 47 13 19 13 2 9

9 EXELON CORP EXC $756,423,948 21,022,516 2.27% 421.86% 47 4 13 26 4 16

10 PG&E CORP PCG $1,379,145,961 20,780,269 4.09% 978.80% 46 12 15 15 4 8

11 ENTERGY CORP ETR $740,125,644 9,739,630 5.41% 707.80% 45 14 8 19 4 6

12 DYNEGY INC DYN $400,074,597 50,900,076 38.76% 1497.62% 44 19 14 7 4 14

13 FIRSTENERGY CORP FE $1,296,446,181 40,741,546 9.21% 937.46% 43 8 15 18 2 14

14 WESTAR ENERGY INC WR $1,262,619,270 23,259,751 16.38% 3496.39% 42 9 17 11 5 9

15 OGE ENERGY CORP OGE $401,388,283 11,474,347 5.75% 1058.10% 42 14 15 10 3 7

16 PPL CORP PPL $520,455,742 13,910,221 2.05% 430.90% 41 8 12 16 5 11

17 SEMPRA ENERGY SRE $886,096,517 8,018,973 3.20% 876.31% 41 11 6 20 4 8

18 EDISON INTERNATIONAL EIX $1,897,340,168 23,832,780 7.31% 1367.74% 41 6 12 18 5 10

19 GREAT PLAINS ENERGY INC GXP $705,855,854 24,156,406 11.23% 1206.91% 40 8 9 17 6 8

20 NISOURCE INC NI $743,297,686 31,244,123 9.66% 1042.45% 40 8 12 17 3 10

21 SCANA CORP SCG $452,655,336 6,926,631 4.85% 649.21% 40 22 11 7 0 7

22 DUKE ENERGY CORP DUK $773,069,523 9,422,497 1.35% 301.43% 39 5 11 13 10 12

23 UGI CORP UGI $627,917,120 12,710,167 7.35% 1825.65% 39 6 13 16 4 12

24 AMERICAN WATER WORKS CO INC AWK $346,547,857 4,455,671 2.51% 479.71% 39 7 6 18 8 15

25 AMEREN CORP AEE $563,825,041 10,324,954 4.26% 730.01% 37 15 5 15 2 6

HIGHLIGHTED ROWS INDICATE THAT THE SECURITY IS NEW TO THE SPECIFIED RANKING VS. THE PREVIOUS QUARTER

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 19
NOVUS OWNERSHIP PLATFORM
TOP 25 SECURITIES OWNED
BY MARKET-CAP
A REVIEW OF AGGREGATE HEDGE FUND OWNERSHIP TRENDS AND
INDIVIDUAL FUND PORTFOLIOS

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


REQUEST ACCESS TO THE
PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
NOVUS OWNERSHIP PLATFORM
TOP 25 SECURITIES OWNED BY MARKET-CAP
MEGA-CAPS
% OF STOCK # OF NEW
SECURITY NAME SYMBOL VALUE OWNED ($) SHARES OWNED OWNERSHIP % OF ADV OWNERS OWNERS BUYS SELLS HOLDS EXITS

1 FACEBOOK INC FB $20,967,985,301 147,609,893 5.11% 831.18% 248 40 83 92 33 31

2 ALPHABET INC GOOGL $14,814,248,641 17,473,754 2.55% 1108.52% 235 23 62 113 37 23

3 APPLE INC AAPL $31,762,637,588 221,058,519 4.21% 809.92% 221 31 63 101 26 23

4 MICROSOFT CORP MSFT $17,065,528,331 259,040,687 3.35% 1130.95% 217 18 73 90 36 25

5 AMAZON.COM INC AMZN $13,957,725,654 15,744,045 3.30% 482.56% 208 41 57 87 23 26

6 BANK OF AMERICA CORP BAC $10,925,269,881 463,003,557 4.63% 469.64% 204 20 57 103 24 28

7 ALPHABET INC GOOG $12,687,235,889 15,293,934 2.19% 1023.54% 202 18 56 99 29 22

8 VISA INC V $14,615,678,182 164,460,480 7.09% 2025.67% 193 26 65 73 29 18

9 JPMORGAN CHASE & CO JPM $9,482,663,357 107,902,104 3.02% 678.94% 189 24 51 87 27 16

10 JOHNSON & JOHNSON JNJ $8,006,380,719 64,251,362 2.37% 899.78% 164 8 44 72 40 16

11 CITIGROUP INC C $8,970,027,348 149,906,258 5.42% 784.80% 163 26 55 58 24 24

12 WELLS FARGO & CO WFC $34,172,647,763 613,950,468 12.27% 3369.32% 162 16 36 87 23 32

13 COMCAST CORP CMCSA $12,952,285,371 344,567,315 7.25% 2043.99% 158 21 50 67 20 18

14 PFIZER INC PFE $6,886,243,898 201,130,902 3.38% 801.02% 156 21 46 60 29 20

15 DISNEY (WALT) CO DIS $5,794,344,496 51,100,218 3.23% 783.87% 153 22 53 58 20 23

16 BERKSHIRE HATHAWAY BRK.B $5,257,554,737 31,542,805 1.28% 873.43% 152 13 41 63 35 8

17 MERCK & CO MRK $6,225,419,068 97,889,995 3.57% 924.47% 152 21 47 54 30 18

18 CHARTER COMMUNICATIONS INC CHTR $20,691,762,924 63,215,700 23.51% 4306.55% 147 29 30 73 15 12

19 ALIBABA GROUP HLDG BABA $7,458,388,998 69,168,033 2.77% 709.77% 145 39 51 41 14 16

20 EXXON MOBIL CORP XOM $2,302,067,021 28,061,155 0.68% 216.26% 140 16 43 53 28 15

21 MASTERCARD INC MA $7,571,545,755 67,320,264 6.25% 2134.55% 140 13 38 66 23 28

22 UNITEDHEALTH GROUP INC UNH $5,379,211,449 32,786,829 3.40% 885.16% 138 14 44 62 18 22

23 GENERAL ELECTRIC CO GE $4,779,220,900 160,328,153 1.84% 529.65% 137 10 41 59 27 17

24 PROCTER & GAMBLE CO PG $8,244,648,862 91,757,355 3.59% 973.17% 137 20 35 56 26 8

25 GILEAD SCIENCES INC GILD $4,131,236,466 60,822,080 4.65% 579.97% 136 17 56 43 20 31

HIGHLIGHTED ROWS INDICATE THAT THE SECURITY IS NEW TO THE SPECIFIED RANKING VS. THE PREVIOUS QUARTER

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 21
NOVUS OWNERSHIP PLATFORM
TOP 25 SECURITIES OWNED BY MARKET-CAP
LARGE-CAPS
% OF STOCK # OF NEW
SECURITY NAME SYMBOL VALUE OWNED ($) SHARES OWNED OWNERSHIP % OF ADV OWNERS OWNERS BUYS SELLS HOLDS EXITS

1 DELTA AIR LINES INC DAL $7,065,877,284 153,739,453 20.90% 1853.88% 118 17 49 34 18 21

2 DELL TECHNOLOGIES INC DVMT $4,292,530,677 66,987,058 30.87% 5441.50% 108 10 37 39 22 12

3 MONSANTO CO MON $5,755,657,826 50,844,842 11.59% 2578.50% 107 20 35 36 16 15

4 KINDER MORGAN INC KMI $2,991,863,633 137,616,179 6.16% 1154.62% 103 9 35 41 18 17

5 YAHOO INC YHOO $13,716,870,635 295,558,514 30.90% 4252.72% 103 15 40 33 15 12

6 HALLIBURTON CO HAL $2,417,896,698 49,134,041 5.67% 579.53% 102 17 38 33 14 26

7 NXP SEMICONDUCTORS NV NXPI $10,430,640,369 100,779,134 30.05% 3664.05% 102 22 43 27 10 18

8 ANADARKO PETROLEUM CORP APC $2,338,370,472 37,715,644 6.75% 902.66% 99 16 34 33 16 18

9 EBAY INC EBAY $3,535,718,422 105,323,754 9.69% 1136.93% 99 21 31 39 8 25

10 EXPRESS SCRIPTS HOLDING CO ESRX $3,974,964,740 60,308,978 10.05% 1381.37% 97 20 29 34 14 14

11 CONSTELLATION BRANDS STZ $7,416,988,074 45,763,909 23.34% 2365.74% 96 26 30 31 9 25

12 PIONEER NATURAL RESOURCES CO PXD $3,369,972,162 18,095,752 10.66% 955.21% 96 14 29 42 11 20

13 MCKESSON CORP MCK $2,647,948,729 17,860,129 8.42% 931.58% 94 22 24 39 9 19

14 MICRON TECHNOLOGY INC MU $3,155,286,885 109,179,477 9.87% 408.35% 93 16 26 44 7 17

15 CSX CORP CSX $3,226,785,703 69,318,046 7.48% 541.21% 92 39 18 29 6 17

16 AETNA INC AET $4,225,881,433 33,131,069 9.42% 1061.14% 92 13 39 31 9 27

17 DEVON ENERGY CORP DVN $1,820,286,738 43,631,034 8.32% 986.42% 92 17 26 40 9 17

18 SYNCHRONY FINANCIAL SYF $3,911,794,960 114,037,192 14.07% 1997.04% 92 17 37 30 8 18

19 CIGNA CORP CI $4,523,015,130 30,874,759 12.03% 2230.22% 88 21 24 33 10 15

20 MOHAWK INDUSTRIES INC MHK $3,327,023,702 14,497,467 19.54% 2676.96% 88 17 29 33 9 9

21 WESTERN DIGITAL CORP WDC $2,199,405,771 26,649,170 9.25% 657.68% 87 23 35 27 2 17

22 HUMANA INC HUM $4,793,999,467 23,256,037 16.12% 1365.53% 87 33 20 33 1 17

23 ANTHEM INC ANTM $5,061,009,016 30,592,015 11.58% 1761.53% 87 17 24 34 12 22

24 FLEETCOR TECHNOLOGIES INC FLT $3,648,725,839 24,095,132 26.22% 2329.01% 87 26 29 28 4 13

25 RAYTHEON CO RTN $2,912,719,500 19,099,800 6.52% 1126.33% 86 17 26 34 9 17

HIGHLIGHTED ROWS INDICATE THAT THE SECURITY IS NEW TO THE SPECIFIED RANKING VS. THE PREVIOUS QUARTER

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 22
NOVUS OWNERSHIP PLATFORM
TOP 25 SECURITIES OWNED BY MARKET-CAP
MID-CAPS
% OF STOCK # OF NEW
SECURITY NAME SYMBOL VALUE OWNED ($) SHARES OWNED OWNERSHIP % OF ADV OWNERS OWNERS BUYS SELLS HOLDS EXITS

1 RANGE RESOURCES CORP RRC $1,619,924,203 55,657,153 22.78% 1186.52% 79 25 30 18 6 16

2 TAKE-TWO INTERACTIVE SFTWR TTWO $1,248,486,573 21,064,393 20.77% 1267.71% 79 25 16 35 3 15

3 HD SUPPLY HOLDINGS INC HDS $2,182,980,800 53,081,600 26.31% 2661.19% 76 16 33 21 6 19

4 SEALED AIR CORP SEE $1,699,085,898 38,987,497 20.15% 1981.97% 75 14 25 23 13 10

5 CDK GLOBAL INC CDK $2,340,391,866 36,000,208 24.83% 4666.72% 74 12 19 29 14 8

6 COMMSCOPE HOLDING CO INC COMM $3,503,435,621 83,995,100 43.14% 4916.85% 73 13 20 34 6 20

7 BERRY GLOBAL GROUP INC BERY $1,530,786,810 31,517,126 25.76% 2811.68% 73 14 23 33 3 14

8 DICKS SPORTING GOODS INC DKS $1,028,131,166 21,127,676 18.73% 721.85% 72 23 27 18 4 16

9 PTC INC PTC $1,309,460,238 24,918,368 21.53% 1847.61% 71 23 15 28 5 11

10 ZIONS BANCORPORATION ZION $669,794,454 15,947,487 7.88% 636.79% 70 24 26 19 1 11

11 VOYA FINANCIAL INC VOYA $1,488,064,710 39,200,743 20.69% 2247.64% 68 14 17 32 5 7

12 MARVELL TECHNOLOGY GROUP LTD MRVL $1,980,835,617 129,804,101 25.84% 2400.43% 68 11 23 29 5 15

13 FOOT LOCKER INC FL $824,749,568 11,024,340 8.40% 618.24% 66 17 19 22 8 11

14 PVH CORP PVH $1,439,757,393 13,914,708 17.79% 1081.76% 66 12 20 30 4 15

15 IAC/INTERACTIVECORP IAC $1,475,825,966 20,019,343 25.75% 3541.74% 66 19 21 17 9 4

16 NEWFIELD EXPLORATION CO NFX $851,256,769 23,063,039 11.68% 787.21% 66 17 21 23 5 21

17 GRACE (W R) & CO GRA $1,233,036,762 17,688,079 25.86% 3345.58% 65 14 20 26 5 11

18 PARSLEY ENERGY INC PE $2,113,645,387 65,015,238 26.38% 1202.76% 65 18 30 12 5 21

19 ZAYO GROUP HOLDINGS INC ZAYO $2,153,344,809 65,451,210 26.97% 2305.42% 65 15 23 22 5 17

20 ALLY FINANCIAL INC ALLY $2,258,341,502 111,068,542 23.93% 2044.34% 64 15 18 25 6 15

21 AXALTA COATING SYSTEMS LTD AXTA $3,289,302,869 102,152,263 42.31% 5472.21% 64 17 16 28 3 13

22 NEXSTAR MEDIA GROUP NXST $991,040,590 14,124,603 29.99% 2176.13% 64 16 21 21 6 5

23 PANDORA MEDIA INC P $1,442,536,891 122,145,376 51.91% 1587.58% 64 17 21 21 5 20

24 PINNACLE FOODS INC PF $1,305,287,653 22,555,515 19.09% 2527.15% 64 17 19 25 3 6

25 FMC CORP FMC $1,693,441,398 24,334,467 18.18% 1734.59% 63 21 20 18 4 15

HIGHLIGHTED ROWS INDICATE THAT THE SECURITY IS NEW TO THE SPECIFIED RANKING VS. THE PREVIOUS QUARTER

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 23
NOVUS OWNERSHIP PLATFORM
TOP 25 SECURITIES OWNED BY MARKET-CAP
SMALL-CAPS
% OF STOCK # OF NEW
SECURITY NAME SYMBOL VALUE OWNED ($) SHARES OWNED OWNERSHIP % OF ADV OWNERS OWNERS BUYS SELLS HOLDS EXITS

1 BUILDERS FIRSTSOURCE BLDR $711,017,078 47,719,267 42.59% 3292.73% 62 24 17 14 7 5

2 OCLARO INC OCLR $271,811,246 27,679,353 16.62% 287.00% 53 13 16 19 5 17

3 MUELLER WATER PRODUCTS INC MWA $253,896,462 21,479,576 13.24% 1417.86% 50 17 15 13 5 9

4 FAIRMOUNT SANTROL HOLDINGS FMSA $424,123,717 57,861,353 25.85% 1241.38% 48 15 14 17 2 16

5 TENET HEALTHCARE CORP THC $601,381,091 33,957,148 33.84% 1000.06% 47 19 9 13 6 17

6 TRAVELPORT WORLDWIDE LTD TVPT $429,010,050 36,449,356 29.38% 3219.49% 47 12 21 9 5 9

7 BMC STOCK HOLDINGS INC BMCH $596,486,162 26,393,193 39.55% 5282.08% 46 17 16 11 2 2

8 ROWAN COMPANIES PLC RDC $493,035,722 31,645,425 25.22% 1071.89% 45 17 13 11 4 9

9 DYNEGY INC DYN $400,074,597 50,900,076 38.76% 1497.62% 44 19 14 7 4 14

10 MCDERMOTT INTL INC MDR $128,506,777 19,038,041 7.83% 603.23% 43 14 14 13 2 5

11 NOBLE CORP PLC NE $387,689,993 62,631,189 25.60% 506.61% 43 10 14 14 5 14

12 DONNELLEY (R R) & SONS CO RRD $81,377,118 6,519,666 9.62% 500.01% 42 13 13 14 2 13

13 PENN NATIONAL GAMING INC PENN $456,331,020 24,760,229 27.24% 1452.84% 42 11 12 16 3 12

14 STAMPS.COM INC STMP $622,786,104 5,262,240 31.23% 1892.48% 42 16 11 13 2 12

15 BANK OF NT BUTTERFIELD & SON NTB $376,443,802 11,797,048 22.32% 4001.23% 42 21 12 4 5 1

16 PENNEY (J C) CO JCP $140,331,330 22,781,060 7.38% 108.03% 40 12 13 13 2 20

17 CONTINENTAL BUILDING PRODS CBPX $217,457,394 8,875,812 22.27% 3222.77% 40 8 19 10 3 8

18 PROGRESS SOFTWARE CORP PRGS $258,156,195 8,886,616 18.40% 2529.38% 40 22 11 5 2 2

19 HERC HOLDINGS INC HRI $769,956,730 15,748,757 55.62% 5506.19% 40 16 10 8 6 9

20 ARRAY BIOPHARMA INC ARRY $534,564,761 59,794,716 35.38% 1298.20% 40 14 9 14 3 5

21 SILVER RUN ACQT CPTN II SRUNU $772,010,379 74,018,253 82.24% 3308.11% 40 40 0 0 0 0

22 BLUEPRINT MEDICINES CORP BPMC $413,233,466 10,333,420 27.11% 2315.91% 39 20 8 8 3 4

23 PACIRA PHARMACEUTICALS INC PCRX $774,393,062 16,982,304 45.26% 1419.69% 39 18 12 8 1 16

24 WEBMD HEALTH CORP WBMD $686,649,295 13,034,345 35.37% 1686.69% 39 11 15 10 3 17

25 GRAY TELEVISION INC GTN $156,803,029 10,814,002 15.12% 1063.28% 38 16 11 11 0 4

HIGHLIGHTED ROWS INDICATE THAT THE SECURITY IS NEW TO THE SPECIFIED RANKING VS. THE PREVIOUS QUARTER

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 24
NOVUS OWNERSHIP PLATFORM
TOP 25 SECURITIES OWNED BY MARKET-CAP
MICRO-CAPS
% OF STOCK # OF NEW
SECURITY NAME SYMBOL VALUE OWNED ($) SHARES OWNED OWNERSHIP % OF ADV OWNERS OWNERS BUYS SELLS HOLDS EXITS

1 STERLING CONSTRUCTION CO INC STRL $39,289,255 4,247,487 16.96% 2636.57% 26 5 11 7 3 5

2 QUORUM HEALTH CORP QHC $50,171,597 9,222,720 31.28% 3100.08% 26 9 6 10 1 8

3 AXT INC AXTI $30,848,912 5,318,778 13.99% 696.72% 26 13 6 6 1 3

4 CASCADIAN THERAPEUTICS INC CASC $103,753,679 25,061,275 50.91% 9036.31% 25 16 7 1 1 3

5 FOAMIX PHARMACEUTICALS LTD FOMX $76,613,620 15,477,499 41.64% 6587.29% 25 5 7 9 4 2

6 HEALTH INSURANCE INNOVATIONS HIIQ $84,627,008 5,289,188 59.33% 1461.17% 24 16 4 3 1 1

7 VECTRUS INC VEC $53,928,874 2,412,925 22.15% 2955.00% 24 4 12 5 3 5

8 DHI GROUP INC DHX $22,937,425 5,806,943 11.52% 2279.10% 23 6 12 4 1 3

9 SPORTSMANS WAREHOUSE HLDGS SPWH $46,110,122 9,646,469 22.82% 1127.47% 22 5 13 4 0 7

10 JONES ENERGY INC JONE $82,228,323 32,246,401 51.52% 2910.22% 21 3 6 11 1 7

11 OOMA INC OOMA $56,621,699 5,690,623 31.53% 3685.47% 21 12 8 0 1 0

12 COMMERCIAL VEHICLE GROUP INC CVGI $33,609,753 4,964,513 16.09% 4565.20% 21 4 3 13 1 0

13 ARC DOCUMENT SOLUTIONS INC ARC $35,142,266 10,186,164 22.00% 9599.86% 21 3 9 7 2 1

14 QUANTUM CORP QTM $59,161,059 68,001,217 25.00% 6548.70% 20 3 8 6 3 1

15 EMCORE CORP EMKR $44,208,477 4,912,053 18.48% 1116.70% 20 7 7 5 1 9

16 NOVELION THERAPEUTICS INC NVLN $122,456,975 11,401,953 61.44% 9978.75% 19 4 5 4 6 2

17 AMBER ROAD INC AMBR $29,008,186 3,757,537 13.90% 1731.59% 19 7 6 5 1 5

18 ADVERUM BIOTECHNOLOGIES ADVM $15,149,975 5,611,102 13.34% 2625.58% 19 4 5 5 5 6

19 HALLADOR ENERGY CO HNRG $17,575,254 2,194,164 7.46% 1680.20% 19 6 5 7 1 3

20 BIOSCRIP INC BIOS $96,350,773 56,676,925 46.85% 2112.92% 19 6 4 6 3 5

21 VERSO CORP VRS $65,958,708 10,993,118 31.97% 6424.74% 19 7 5 3 4 6

22 SPARTON CORP SPA $28,060,125 1,336,833 13.63% 2024.49% 17 4 7 4 2 2

23 SIGMA DESIGNS INC SIGM $46,745,663 7,479,306 19.60% 2295.76% 17 8 5 2 2 3

24 ABEONA THERAPEUTICS INC ABEO $40,999,105 8,199,821 20.37% 3076.55% 17 1 4 6 6 3

25 MITEK SYSTEMS INC MITK $23,719,825 3,566,891 10.72% 1260.82% 17 2 7 6 2 7

HIGHLIGHTED ROWS INDICATE THAT THE SECURITY IS NEW TO THE SPECIFIED RANKING VS. THE PREVIOUS QUARTER

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 25
NOVUS OWNERSHIP PLATFORM
INDIVIDUAL MANAGER
PORTFOLIOS
A REVIEW OF 25 TOP HEDGE FUND PORTFOLIOS

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


REQUEST ACCESS TO THE
PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
NOVUS OWNERSHIP PLATFORM
APPALOOSA MANAGEMENT
DAVID TEPPER

KEY STATISTICS
REPORTED ASSETS ($MM): 5,911 MEDIAN MARKET CAP ($MM): 25,488 BATTING AVERAGE: 63.00%

# OF SECURITIES: 53 TRADABLE IN 30 DAYS: 89.45% # OF WINNERS: 357

TOP 10 POSITIONS (% OF PORT.): 54.22% AVERAGE HOLDING PERIOD: 10 Months # OF LOSERS: 207

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD


Other, 3.87 Consumer Discretionary, 8.36
VALUE % OF VALUE
SECURITY SYMBOL ($MM) PORTFOLIO Materials, 5.33 SECURITY SYMBOL ($MM)
ALLERGAN PLC AGN 644 10.89% Energy, 13.45 SPDR S&P 500 ETF TRUST B SPY 357 354
ALPHABET INC GOOG 444 7.51% BANK OF AMERICA CORP B BAC 202 207
Information
Technology, 20.82
WILLIAMS PARTNERS LP WPZ 403 6.82% GENERAL MOTORS CO B GM 170 183
SPDR S&P 500 ETF TRUST (CALL) SPY 357 6.05% SOUTHWEST AIRLINES B LUV 179 102
FACEBOOK INC FB 282 4.78% MICRON TECHNOLOGY B MU 186 99
ENERGY TRANSFER PARTNERS -LP ETP 275 4.65% ALLERGAN PLC S AGN 644 -316
Financials, 12.27
PNC FINANCIAL SVCS GROUP INC PNC 232 3.92% SPDR S&P 500 ETF TRUST S SPY 0 -224
BANK OF AMERICA CORP BAC 202 3.42% CITIZENS FINANCIAL GROUP INC S CFG 0 -98
MICRON TECHNOLOGY INC MU 186 3.15% Industrials, 8.73 TEVA PHARMACEUTICALS S TEVA 65 -92
SOUTHWEST AIRLINES LUV 179 3.03% QUALCOMM INC S QCOM 0 -80
TOTAL 3,205 54.22%
Health Care, 20.17

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Appaloosa Management, L.P.
2089.80%
2000.00%

1800.00%

1600.00%

1400.00%

1200.00%

1000.00%

800.00%

600.00%

400.00%

200.00%

0.00%
-36.75%
3/1/99 12/31/99 10/31/00 8/31/01 6/30/02 4/30/03 2/29/04 12/31/04 10/31/05 8/31/06 6/30/07 4/30/08 2/28/09 12/31/09 10/31/10 8/31/11 6/30/12 4/30/13 2/28/14 12/31/14 10/31/15 8/31/16

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 27
NOVUS OWNERSHIP PLATFORM
THE BAUPOST GROUP
SETH KLARMAN

KEY STATISTICS
REPORTED ASSETS ($MM): 8,648 MEDIAN MARKET CAP ($MM): 1,752 BATTING AVERAGE: 64.99%

# OF SECURITIES: 50 TRADABLE IN 30 DAYS: 47.30% # OF WINNERS: 245

TOP 10 POSITIONS (% OF PORT.): 65.79% AVERAGE HOLDING PERIOD: 12 Months # OF LOSERS: 132

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD


Telecommunications, 7.46
VALUE % OF Consumer Discretionary, 11.69 VALUE
SECURITY SYMBOL ($MM) PORTFOLIO Materials, 2.36 SECURITY SYMBOL ($MM)
CHENIERE ENERGY INC LNG 1,081 12.50% QORVO INC B QRVO 543 493
VIASAT INC VSAT 844 9.76% COLONY NORTHSTAR INC B CLNS 645 487
COLONY NORTHSTAR INC CLNS 645 7.46% QUALCOMM INC B QCOM 301 299
Energy, 21.03
QORVO INC QRVO 543 6.27% EXPRESS SCRIPTS HOLDING CO B ESRX 74 81
ALLERGAN PLC AGN 533 6.16% SILVER RUN ACQT CPTN II B SRUNU 68 69

TWENTY-FIRST CENTURY FOX INC FOXA 519 6.00% VIVENDI SA S 4834777 0 -785

SYNCHRONY FINANCIAL SYF 474 5.48% NORTHSTAR ASSET MGMT GRP S NSAM 0 -296

DELL TECHNOLOGIES INC DVMT 367 4.24% ALLERGAN PLC S AGN 533 -239
Information
Technology, 25.39
PBF ENERGY INC PBF 343 3.96% NORTHSTAR REALTY FINANCE CP S NRF 0 -235
Financials, 6.6 SYNCHRONY FINANCIAL S SYF 474 -103
THERAVANCE BIOPHARMA INC TBPH 342 3.95%
TOTAL 5,690 65.79%
Health Care, 21.12

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Baupost Group, L.L.C.
733.41%
700.00%

600.00%

500.00%

400.00%

300.00%

200.00%

100.00%

0.00%
-32.30%
9/1/99 6/30/00 4/30/01 2/28/02 12/31/02 10/31/03 8/31/04 6/30/05 4/30/06 2/28/07 12/31/07 10/31/08 8/31/09 6/30/10 4/30/11 2/29/12 12/31/12 10/31/13 8/31/14 6/30/15 4/30/16 2/28/17

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 28
NOVUS OWNERSHIP PLATFORM
COATUE MANAGEMENT
PHILIPPE LAFFONT

KEY STATISTICS
REPORTED ASSETS ($MM): 10,893 MEDIAN MARKET CAP ($MM): 26,827 BATTING AVERAGE: 49.15%
# OF SECURITIES: 44 TRADABLE IN 30 DAYS: 91.65% # OF WINNERS: 317
TOP 10 POSITIONS (% OF PORT.): 56.52% AVERAGE HOLDING PERIOD: 13 Months # OF LOSERS: 328

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD

Telecommunications, 3.33
VALUE % OF Consumer Discretionary, 29.34 VALUE
SECURITY SYMBOL ($MM) PORTFOLIO SECURITY SYMBOL ($MM)
FACEBOOK INC FB 985 9.04% SNAP INC B SNAP 419 472
LIBERTY BROADBAND CORP LBRDK 724 6.65% SYMANTEC CORP B SYMC 498 388
BROADCOM LTD AVGO 687 6.31% EBAY INC B EBAY 274 272
ACTIVISION BLIZZARD INC ATVI 669 6.15% BROADCOM LTD B AVGO 687 209
NVIDIA CORP NVDA 560 5.15% LIBERTY MEDIA CP MEDIA
B FWONK 185 205
GROUP
BANK OF AMERICA CORP BAC 525 4.82%
SECTOR SPDR (SBI INT-FINL) S XLF 0 -315
JD.COM INC -ADR JD 520 4.77%
EQUINIX INC S EQIX 227 -144
ALIBABA GROUP HLDG BABA 514 4.72% Financials, 6.86
ALPHABET INC S GOOG 381 -129
SYMANTEC CORP SYMC 498 4.57%
F5 NETWORKS INC S FFIV 0 -117
NETFLIX INC NFLX 473 4.34%
Information MOBILEYE NV S MBLY 0 -78
TOTAL 6,156 56.52% Technology, 59.08

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Coatue Management
640.37%

600.00%

500.00%

400.00%

300.00%

200.00%

100.00%

0.00%
-61.91%
12/1/00 7/31/02 3/31/04 11/30/05 7/31/07 3/31/09 11/30/10 7/31/12 3/31/14 11/30/15

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 29
NOVUS OWNERSHIP PLATFORM
DUQUESNE FAMILY FUND
STANLEY DRUCKENMILLER

KEY STATISTICS
REPORTED ASSETS ($MM): 1,576 MEDIAN MARKET CAP ($MM): 25,110 BATTING AVERAGE: 65.14%

# OF SECURITIES: 47 TRADABLE IN 30 DAYS: 98.65% # OF WINNERS: 185

TOP 10 POSITIONS (% OF PORT.): 50.89% AVERAGE HOLDING PERIOD: 4 Months # OF LOSERS: 99

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD

VALUE % OF Consumer Discretionary, 19.14 VALUE


SECURITY SYMBOL ($MM) PORTFOLIO SECURITY SYMBOL ($MM)
Materials, 18.29
MICROSOFT CORP MSFT 110 6.98% MICROSOFT CORP B MSFT 110 107
ISHARES MSCI EMERG MKTS ETF EEM 103 6.53% ISHARES MSCI EMERG MKTS ETF B EEM 103 98
ALPHABET INC GOOGL 96 6.08% ALPHABET INC B GOOGL 96 85
LYONDELLBASELL INDUSTRIES NV LYB 94 5.96% SALESFORCE.COM INC B CRM 84 80
SALESFORCE.COM INC CRM 84 5.35% Energy, 6.77 PRICELINE GROUP INC B PCLN 74 72
PRICELINE GROUP INC PCLN 74 4.67% ISHARES RUSSELL 2000 ETF S IWM 0 -136
AMAZON.COM INC AMZN 68 4.33% Financials, 3.09 ABBVIE INC S ABBV 0 -80
ELECTRONIC ARTS INC EA 62 3.92% Health Care, 2.76 SECTOR SPDR (SBI INT-FINL) S XLF 0 -57
FACEBOOK INC FB 60 3.81% PNC FINANCIAL SVCS GROUP INC S PNC 0 -56
Industrials, 2.22
CTRIP.COM INTL LTD CTRP 51 3.25% CITIGROUP INC S C 0 -55
TOTAL 802 50.89% Information
Technology, 39.33

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Duquesne Family Office LLC
697.33%

600.00%

500.00%

400.00%

300.00%

200.00%

100.00%

0.00%
-35.89%
12/1/99 9/30/00 7/31/01 5/31/02 3/31/03 1/31/04 11/30/04 9/30/05 7/31/06 5/31/07 3/31/08 1/31/09 11/30/09 9/30/10 7/31/11 5/31/12 3/31/13 1/31/14 11/30/14 9/30/15 7/31/16 5/31/17

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 30
NOVUS OWNERSHIP PLATFORM
EMINENCE CAPITAL
RICKY SANDLER

KEY STATISTICS
REPORTED ASSETS ($MM): 6,794 MEDIAN MARKET CAP ($MM): 6,086 BATTING AVERAGE: 59.89%

# OF SECURITIES: 46 TRADABLE IN 30 DAYS: 78.17% # OF WINNERS: 445

TOP 10 POSITIONS (% OF PORT.): 49.00% AVERAGE HOLDING PERIOD: 15 Months # OF LOSERS: 298

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD


Telecommunications, 2.43
VALUE % OF Materials, 1.97 VALUE
SECURITY SYMBOL ($MM) PORTFOLIO Consumer Discretionary, 26.26 SECURITY SYMBOL ($MM)
AUTODESK INC ADSK 888 13.07% Information ASM INTERNATIONAL NV B 5165294 356 215
Technology, 39.63
LENNAR CORP LEN 444 6.54% REXNORD CORP B RXN 166 147
ASM INTERNATIONAL NV 5165294 356 5.24% IMPERVA INC B IMPV 157 75
RUMO LOGISTICA OPERADORA MUL RUMO 345 5.07% FIDELITY NATL FINL FNF
B FNF 232 66
GROUP
INTERCONTINENTAL EXCHANGE ICE 245 3.60%
BRITISH AMER TOBACCO PLC B 0287580 61 57
FIDELITY NATL FINL FNF GROUP FNF 232 3.42%
AUTODESK INC S ADSK 888 -304
BAIDU INC BIDU 212 3.11% Consumer
Staples, 7.58 HUMANA INC S HUM 0 -223
ARRIS INTERNATIONAL PLC ARRS 207 3.04%
GENPACT LTD S G 0 -128
INTERXION HOLDING NV INXN 201 2.96%
Financials, 10.41 FORTINET INC S FTNT 0 -120
ZYNGA INC ZNGA 200 2.95%
TAKE-TWO INTERACTIVE
TOTAL 3,329 49.00% S TTWO 0 -111
Health Care, 2.58 SFTWR
Industrials, 9.14

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Eminence Capital, L.L.C.
697.33%

600.00%

500.00%

400.00%

300.00%

200.00%

100.00%

0.00%
-35.89%
12/1/99 9/30/00 7/31/01 5/31/02 3/31/03 1/31/04 11/30/04 9/30/05 7/31/06 5/31/07 3/31/08 1/31/09 11/30/09 9/30/10 7/31/11 5/31/12 3/31/13 1/31/14 11/30/14 9/30/15 7/31/16 5/31/17

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 31
NOVUS OWNERSHIP PLATFORM
FAIRHOLME CAPITAL MANAGEMENT
BRUCE BERKOWITZ

KEY STATISTICS
REPORTED ASSETS ($MM): 1,870 MEDIAN MARKET CAP ($MM): 7,737 BATTING AVERAGE: 68.73%
# OF SECURITIES: 28 TRADABLE IN 30 DAYS: 0.28% # OF WINNERS: 222
TOP 10 POSITIONS (% OF PORT.): 93.58% AVERAGE HOLDING PERIOD: 24 Months # OF LOSERS: 101

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD

VALUE % OF Consumer Discretionary, 17.32 VALUE


Telecommunications, 30.83
SECURITY SYMBOL ($MM) PORTFOLIO SECURITY SYMBOL ($MM)
ST JOE CO JOE 428 22.90% SEARS HOLDINGS CORP B SHLD 227 14
FANNIE MAE FNMAS 400 21.41% SERITAGE GROWTH PROPERTIES B SRG 146 10
FEDERAL HOME LOAN MORTG CORP FMCKJ 343 18.32% WASHINGTON PRIME GROUP B WPG 3 3
SEARS HOLDINGS CORP SHLD 227 12.12% SEARS CANADA INC B SRSC 21 1
SERITAGE GROWTH PROPERTIES SRG 146 7.78% FIDELITY INSTL TREASURY PORTFOLIO B US3161755042 23 0
IMPERIAL METALS CORP III 75 3.99% LANDS' END INC S LE 59 -1
LANDS' END INC LE 59 3.17% Chesapeake Energy Corp S CHKDG 2 -1
FEDERAL HOME LOAN MORTG CORP FMCKM 29 1.55% ST JOE CO S JOE 428 0
Materials, 3.99
FIDELITY INSTL TREASURY PORTFOLIO US3161755042 23 1.23% SEARS HOLDINGS CORP S SHLDW 15 0
SEARS CANADA INC SRSC 21 1.10% Financials, 46.5

TOTAL 1,750 93.58%

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Fairholme Capital Management, L.L.C.
421.17%
400.00%

350.00%

300.00%

250.00%

200.00%

150.00%

100.00%

50.00%

0.00%
-27.09%
3/1/99 12/31/99 10/31/00 8/31/01 6/30/02 4/30/03 2/29/04 12/31/04 10/31/05 8/31/06 6/30/07 4/30/08 2/28/09 12/31/09 10/31/10 8/31/11 6/30/12 4/30/13 2/28/14 12/31/14 10/31/15 8/31/16

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 32
NOVUS OWNERSHIP PLATFORM
GLENVIEW CAPITAL MANAGEMENT
LARRY ROBBINS

KEY STATISTICS
REPORTED ASSETS ($MM): 15,584 MEDIAN MARKET CAP ($MM): 25,070 BATTING AVERAGE: 62.09%
# OF SECURITIES: 54 TRADABLE IN 30 DAYS: 89.04% # OF WINNERS: 506
TOP 10 POSITIONS (% OF PORT.): 51.64% AVERAGE HOLDING PERIOD: 15 Months # OF LOSERS: 309

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD


Telecommunications, 2.05 Consumer Discretionary, 10.64
VALUE % OF VALUE
Materials, 11.04
SECURITY SYMBOL ($MM) PORTFOLIO SECURITY SYMBOL ($MM)
HUMANA INC HUM 1,211 7.77% DOW CHEMICAL B DOW 727 195
HCA HEALTHCARE INC HCA 1,172 7.52% Information INTEL CORP B INTC 175 178
Technology, 18.87
ANTHEM INC ANTM 831 5.33% SHIRE PLC B SHPG 192 177
FMC CORP FMC 786 5.04% LOWE'S COMPANIES INC B LOW 461 113
CIGNA CORP CI 782 5.02% HAIN CELESTIAL GROUP INC B HAIN 102 102
DOW CHEMICAL DOW 727 4.67% HCA HEALTHCARE INC S HCA 1172 -349
AETNA INC AET 711 4.56% HEALTHSOUTH CORP S HLS 0 -311
DXC TECHNOLOGY COMPANY DXC 650 4.17% LABORATORY CP OF AMER HLDGS S LH 371 -219
Industrials, 2.21
ALPHABET INC GOOGL 605 3.88% HUMANA INC S HUM 1211 -206
QUINTILES IMS HOLDINGS INC Q 573 3.68% ANTHEM INC S ANTM 831 -192
Health Care, 51.03
TOTAL 8,048 51.64%

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Glenview Capital Management, L.L.C.
503.20%
500.00%

450.00%

400.00%

350.00%

300.00%

250.00%

200.00%

150.00%

100.00%

50.00%

0.00%
-36.16%
12/1/01 9/30/02 7/31/03 5/31/04 3/31/05 1/31/06 11/30/06 9/30/07 7/31/08 5/31/09 3/31/10 1/31/11 11/30/11 9/30/12 7/31/13 5/31/14 3/31/15 1/31/16 11/30/16

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 33
NOVUS OWNERSHIP PLATFORM
GREENLIGHT CAPITAL
DAVID EINHORN

KEY STATISTICS
REPORTED ASSETS ($MM): 7,723 MEDIAN MARKET CAP ($MM): 6,411 BATTING AVERAGE: 62.80%
# OF SECURITIES: 43 TRADABLE IN 30 DAYS: 75.64% # OF WINNERS: 319
TOP 10 POSITIONS (% OF PORT.): 68.75% AVERAGE HOLDING PERIOD: 14 Months # OF LOSERS: 189

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD

VALUE % OF Materials, 6.2 Consumer Discretionary, 42.64 VALUE


SECURITY SYMBOL ($MM) PORTFOLIO SECURITY SYMBOL ($MM)
GENERAL MOTORS CO GM 1,792 23.20% Information GENERAL MOTORS CO B GM 1792 1471
Technology, 14.14
APPLE INC AAPL 608 7.87% ISS A/S B BKJ9RT5 385 351
GENERAL MOTORS CO (CALL) GM 589 7.63% CONSOL ENERGY INC B CNX 364 122
AERCAP HOLDINGS NV AER 554 7.18% PERRIGO CO PLC B PRGO 120 113
ISS A/S BKJ9RT5 385 4.99% CONDUENT INC B CNDT 99 100
CONSOL ENERGY INC CNX 364 4.72% APPLE INC S AAPL 608 -264
MYLAN NV MYL 330 4.27% GENERAL MOTORS CO S GM 589 -248
GREEN BRICK PARTNERS INC GRBK 253 3.28% Industrials, 13.25 CHEMOURS CO S CC 219 -152
CHEMOURS CO CC 219 2.84% TIME WARNER INC S TWX 201 -122
YAHOO INC YHOO 215 2.78% AVANGRID INC S AGR 0 -67
Health Care, 7.78
TOTAL 5,310 68.75%
Energy, 6.99
Financials, 3.81

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Greenlight Capital, Inc.
1328.31%

1200.00%

1000.00%

800.00%

600.00%

400.00%

200.00%

0.00%
-27.09%
3/1/99 12/31/99 10/31/00 8/31/01 6/30/02 4/30/03 2/29/04 12/31/04 10/31/05 8/31/06 6/30/07 4/30/08 2/28/09 12/31/09 10/31/10 8/31/11 6/30/12 4/30/13 2/28/14 12/31/14 10/31/15 8/31/16

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 34
NOVUS OWNERSHIP PLATFORM
ICAHN MANAGEMENT
CARL ICAHN

KEY STATISTICS
REPORTED ASSETS ($MM): 20,479 MEDIAN MARKET CAP ($MM): 2,060 BATTING AVERAGE: 59.56%
# OF SECURITIES: 20 TRADABLE IN 30 DAYS: 14.74% # OF WINNERS: 109
TOP 10 POSITIONS (% OF PORT.): 92.34% AVERAGE HOLDING PERIOD: 49 Months # OF LOSERS: 74

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD


Consumer Discretionary, 3.37
Materials, 5.23
VALUE % OF VALUE
SECURITY SYMBOL ($MM) PORTFOLIO Information Technology, 12.61 Consumer Staples, 8.02
SECURITY SYMBOL ($MM)
ICAHN ENTERPRISES LP IEP 6,901 33.70% ICAHN ENTERPRISES LP B IEP 6901 539
AMERICAN INTERNATIONAL GROUP AIG 2,793 13.64% CONDUENT INC B CNDT 330 332
HERBALIFE LTD HLF 1,642 8.02% Energy, 15.65 HERBALIFE LTD B HLF 1642 22
CHENIERE ENERGY INC LNG 1,626 7.94% NAVISTAR INTERNATIONAL B NAV 433 11
PAYPAL HOLDINGS INC PYPL 1,559 7.62% B
CVR ENERGY INC CVI 1,519 7.42% FEDERAL-MOGUL HOLDINGS S FDML 0 -1383
FREEPORT-MCMORAN INC FCX 1,070 5.23% NUANCE COMMUNICATIONS S NUAN 0 -318
XEROX CORP XRX 693 3.39% ALLERGAN PLC S AGN 0 -102
TROPICANA ENTERTAINMENT INC TPCA 672 3.28% Financials, 13.64 PAYPAL HOLDINGS INC S PYPL 1559 -78
AMERICAN RAILCAR INDS INC ARII 433 2.12% S
Industrials, 41.42
TOTAL 18,911 92.34%

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Icahn Management LP
910.88%
900.00%

800.00%

700.00%

600.00%

500.00%

400.00%

300.00%

200.00%

100.00%

0.00%
-27.09%
3/1/99 12/31/99 10/31/00 8/31/01 6/30/02 4/30/03 2/29/04 12/31/04 10/31/05 8/31/06 6/30/07 4/30/08 2/28/09 12/31/09 10/31/10 8/31/11 6/30/12 4/30/13 2/28/14 12/31/14 10/31/15 8/31/16

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 35
NOVUS OWNERSHIP PLATFORM
LONE PINE CAPITAL
STEPHEN MANDEL

KEY STATISTICS
REPORTED ASSETS ($MM): 22,481 MEDIAN MARKET CAP ($MM): 27,969 BATTING AVERAGE: 59.59%
# OF SECURITIES: 39 TRADABLE IN 30 DAYS: 85.95% # OF WINNERS: 494
TOP 10 POSITIONS (% OF PORT.): 51.29% AVERAGE HOLDING PERIOD: 8 Months # OF LOSERS: 335

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD


Telecommunications, 2.72
VALUE % OF Consumer Discretionary, 33.92 VALUE
SECURITY SYMBOL ($MM) PORTFOLIO SECURITY SYMBOL ($MM)
CHARTER COMMUNICATIONS INC CHTR 1,791 7.96% Information CSX CORP B CSX 724 669
Technology, 38.01
ACTIVISION BLIZZARD INC ATVI 1,386 6.16% COMCAST CORP B CMCSA 534 516
CONSTELLATION BRANDS STZ 1,328 5.91% QUINTILES IMS HOLDINGS B Q 496 481
BROADCOM LTD AVGO 1,245 5.54% SYMANTEC CORP B SYMC 768 404
ALIBABA GROUP HLDG BABA 1,219 5.42% T-MOBILE US INC B TMUS 397 386
ADIDAS AG 4031976 1,208 5.37% AMAZON.COM INC S AMZN 0 -1146
NIKE INC NKE 992 4.41% MICROSOFT CORP S MSFT 0 -1002
ELECTRONIC ARTS INC EA 837 3.73% PAYPAL HOLDINGS INC S PYPL 0 -538
SYMANTEC CORP SYMC 768 3.41% ALPHABET INC S GOOG 0 -521
Consumer
FACEBOOK INC FB 756 3.36% Staples, 5.91
BANK OF AMERICA CORP S BAC 0 -511
TOTAL 11,531 51.29% Energy, 3.64
Industrials, 3.22
Health Care, 6.38 Financials, 3.42

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Lone Pine Capital, L.L.C.
805.73%
800.00%

700.00%

600.00%

500.00%

400.00%

300.00%

200.00%

100.00%

0.00%
-27.09%
3/1/99 12/31/99 10/31/00 8/31/01 6/30/02 4/30/03 2/29/04 12/31/04 10/31/05 8/31/06 6/30/07 4/30/08 2/28/09 12/31/09 10/31/10 8/31/11 6/30/12 4/30/13 2/28/14 12/31/14 10/31/15 8/31/16

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 36
NOVUS OWNERSHIP PLATFORM
MAVERICK CAPITAL
LEE AINSLIE

KEY STATISTICS
REPORTED ASSETS ($MM): 8,281 MEDIAN MARKET CAP ($MM): 17,262 BATTING AVERAGE: 55.62%
# OF SECURITIES: 133 TRADABLE IN 30 DAYS: 83.62% # OF WINNERS: 594
TOP 10 POSITIONS (% OF PORT.): 55.86% AVERAGE HOLDING PERIOD: 8 Months # OF LOSERS: 474

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD

Materials, 6.22 Consumer Discretionary, 10.51


VALUE % OF VALUE
SECURITY SYMBOL ($MM) PORTFOLIO SECURITY SYMBOL ($MM)
PFIZER INC PFE 644 7.77% Information TESORO CORP B TSO 284 273
Technology, 30.36 Consumer
Staples, 8.03
UNIVERSAL HEALTH SVCS INC UHS 588 7.10% ENVISION HEALTHCARE B EVHC 171 188
ADOBE SYSTEMS INC ADBE 582 7.02% ANHEUSER-BUSCH INBEV B BUD 192 156
Energy, 3.48
FACEBOOK INC FB 514 6.21% U S BANCORP B USB 186 143
WASTE CONNECTIONS INC WCN 470 5.67% Financials, 3.28 US FOODS HOLDING CORP B USFD 136 133
SABRE CORP SABR 415 5.01% PRICELINE GROUP INC S PCLN 3 -563
CIGNA CORP CI 392 4.73% LAM RESEARCH CORP S LRCX 4 -228
DOLLAR TREE INC DLTR 347 4.19% FLEETCOR TECHNOLOGIES S FLT 58 -199
ALPHABET INC GOOG 344 4.15% AMERICAN EXPRESS CO S AXP 1 -184
COMMSCOPE HOLDING CO INC COMM 331 4.00% Health Care, 28.64 TRANSDIGM GROUP S TDG 0 -171
Industrials, 8.49
TOTAL 4,626 55.86%

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Maverick Capital, Ltd.
294.79%

250.00%

200.00%

150.00%

100.00%

50.00%

0.00%

-31.07%
3/1/01 12/31/01 10/31/02 8/31/03 6/30/04 4/30/05 2/28/06 12/31/06 10/31/07 8/31/08 6/30/09 4/30/10 2/28/11 12/31/11 10/31/12 8/31/13 6/30/14 4/30/15 2/29/16 12/31/16

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 37
NOVUS OWNERSHIP PLATFORM
OMEGA ADVISORS
LEON COOPERMAN

KEY STATISTICS
REPORTED ASSETS ($MM): 2,394 MEDIAN MARKET CAP ($MM): 4,888 BATTING AVERAGE: 60.60%
# OF SECURITIES: 84 TRADABLE IN 30 DAYS: 94.71% # OF WINNERS: 786
TOP 10 POSITIONS (% OF PORT.): 40.66% AVERAGE HOLDING PERIOD: 9 Months # OF LOSERS: 511

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD

VALUE % OF Consumer Discretionary, 18.86 VALUE


Materials, 10.3
SECURITY SYMBOL ($MM) PORTFOLIO SECURITY SYMBOL ($MM)
ALPHABET INC GOOGL 152 6.33% AMC NETWORKS INC B AMCX 44 49
FIRST DATA CORP FDC 133 5.54% Information TRI POINTE GROUP INC B TPH 47 46
Technology, 22.57
UNITED CONTINENTAL HLDGS INC UAL 129 5.40% KEANE GROUP INC B FRAC 35 31
Consumer
AERCAP HOLDINGS NV AER 95 3.98% Staples, 4.63 FACEBOOK INC B FB 39 28
SHIRE PLC SHPG 92 3.85% WPX ENERGY INC B WPX 26 27
AMERICAN INTERNATIONAL GROUP AIG 88 3.66% HRG GROUP INC S HRG 44 -89
DOW CHEMICAL DOW 84 3.49% Energy, 8.73
TRIBUNE MEDIA CO S TRCO 1 -66
DISH NETWORK CORP DISH 70 2.93% E TRADE FINANCIAL CORP S ETFC 0 -33
WALGREENS BOOTS ALLIANCE INC WBA 67 2.78% WILLIAMS COS INC S WMB 0 -27
ALLERGAN PLC AGN 65 2.70% PVH CORP S PVH 40 -25
Industrials, 9.87 Financials, 14.75
TOTAL 973 40.66%
Health Care, 8.2

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Omega Advisors, Inc.
269.37%
250.00%

200.00%

150.00%

100.00%

50.00%

0.00%

-27.09%
3/1/99 12/31/99 10/31/00 8/31/01 6/30/02 4/30/03 2/29/04 12/31/04 10/31/05 8/31/06 6/30/07 4/30/08 2/28/09 12/31/09 10/31/10 8/31/11 6/30/12 4/30/13 2/28/14 12/31/14 10/31/15 8/31/16

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 38
NOVUS OWNERSHIP PLATFORM
PASSPORT CAPITAL
JOHN BURBANK

KEY STATISTICS
REPORTED ASSETS ($MM): 1,382 MEDIAN MARKET CAP ($MM): 14,164 BATTING AVERAGE: 53.92%
# OF SECURITIES: 65 TRADABLE IN 30 DAYS: 99.07% # OF WINNERS: 1046
TOP 10 POSITIONS (% OF PORT.): 60.26% AVERAGE HOLDING PERIOD: 3 Months # OF LOSERS: 894

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD

Consumer Discretionary, 11.11


VALUE % OF VALUE
SECURITY SYMBOL ($MM) PORTFOLIO Information
Technology, 34.55
SECURITY SYMBOL ($MM)
PARSLEY ENERGY INC PE 159 11.50% ISHARES RUSSELL 2000 ETF B IWM 107 108
Consumer
YAHOO INC YHOO 122 8.82% Staples, 5.31 OASIS PETROLEUM INC B OAS 79 94
ISHARES RUSSELL 2000 ETF IWM 107 7.73% PARSLEY ENERGY INC B PE 159 82
UNITEDHEALTH GROUP INC UNH 94 6.82% ALIBABA GROUP HLDG B BABA 78 69
OASIS PETROLEUM INC OAS 79 5.70% YAHOO INC B YHOO 122 62
ALIBABA GROUP HLDG BABA 78 5.67% POWERSHARES QQQ TRUST S 73935A104 0 -5671
Energy, 18.66
MARVELL TECHNOLOGY GROUP LTD MRVL 54 3.93% SPDR S&P 500 ETF TRUST S SPY 0 -2022
ALPHABET INC GOOG 52 3.75% ISHARES MSCI EMERG MKTS ETF S EEM 0 -725
ADVANCED MICRO DEVICES AMD 46 3.32% SPDR GOLD TRUST S GLD 0 -594
WINGSTOP INC WING 42 3.01% VANECK VECTORS GOLD MNRS
S GDX 0 -209
ETF
TOTAL 833 60.26% Financials, 5.07
Health Care, 8.06

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Passport Capital, L.L.C.
442.25%
400.00%

350.00%

300.00%

250.00%

200.00%

150.00%

100.00%

50.00%

0.00%

-50.00%

-99.76%
12/1/03 4/30/049/30/042/28/05 7/31/05 12/31/05 5/31/06 10/31/06 3/31/07 8/31/07 1/31/08 6/30/0811/30/084/30/099/30/09 2/28/10 7/31/10 12/31/10 5/31/11 10/31/11 3/31/12 8/31/12 1/31/13 6/30/13 11/30/13 4/30/14 9/30/14 2/28/15 7/31/15 12/31/15 5/31/16 10/31/16 3/31/17

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 39
NOVUS OWNERSHIP PLATFORM
PAULSON & CO.
JOHN PAULSON

KEY STATISTICS
REPORTED ASSETS ($MM): 7,970 MEDIAN MARKET CAP ($MM): 2,764 BATTING AVERAGE: 64.52%
# OF SECURITIES: 106 TRADABLE IN 30 DAYS: 82.57% # OF WINNERS: 571
TOP 10 POSITIONS (% OF PORT.): 55.50% AVERAGE HOLDING PERIOD: 16 Months # OF LOSERS: 314

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD


Utilities, 4.46
VALUE % OF Telecommunication Consumer Discretionary, 18.43 VALUE
Services, 3.54
SECURITY SYMBOL ($MM) PORTFOLIO SECURITY SYMBOL ($MM)
Materials, 6.18
SHIRE PLC SHPG 756 9.49% T-MOBILE US INC B TMUS 275 267
Information
MYLAN NV MYL 655 8.22% Technology, 3.11 DISH NETWORK CORP B DISH 219 219
ALLERGAN PLC AGN 645 8.09% MEAD JOHNSON NUTRITION CO B MJN 105 103
SPDR GOLD TRUST GLD 521 6.53% NXP SEMICONDUCTORS NV B NXPI 122 79
Energy, 2.92
EXTENDED STAY AMERICA INC STAY 358 4.49% BROOKDALE SENIOR LIVING B BKD 71 68
TEVA PHARMACEUTICALS TEVA 329 4.12% KONINKLIJKE KPN NV S 5956078 0 -370
Financials,
MALLINCKRODT PLC MNK 308 3.86% 4.57 TEVA PHARMACEUTICALS S TEVA 329 -158
TIME WARNER INC TWX 295 3.70% ALLERGAN PLC S AGN 645 -146
AKORN INC AKRX 279 3.50% EXTENDED STAY AMERICA S STAY 358 -136
AMERICAN INTERNATIONAL GROUP AIG 278 3.49% MYLAN NV S MYL 655 -130
TOTAL 4,424 55.50%
Health Care, 47.79

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Paulson & Co. Inc.
201.20%
200.00%
180.00%
160.00%
140.00%
120.00%
100.00%
80.00%
60.00%
40.00%
20.00%
0.00%
-20.00%
-29.37%
12/1/01 9/30/02 7/31/03 5/31/04 3/31/05 1/31/06 11/30/06 9/30/07 7/31/08 5/31/09 3/31/10 1/31/11 11/30/11 9/30/12 7/31/13 5/31/14 3/31/15 1/31/16 11/30/16

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 40
NOVUS OWNERSHIP PLATFORM
PERSHING SQUARE CAPITAL MANAGEMENT
BILL ACKMAN

KEY STATISTICS
REPORTED ASSETS ($MM): 6,442 MEDIAN MARKET CAP ($MM): 13,877 BATTING AVERAGE: 66.18%
# OF SECURITIES: 7 TRADABLE IN 30 DAYS: 40.92% # OF WINNERS: 45
TOP 10 POSITIONS (% OF PORT.): 100.00% AVERAGE HOLDING PERIOD: 14 Months # OF LOSERS: 23

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD


Telecommunication Services, 7.18
VALUE % OF Consumer Discretionary, 58.37 VALUE
SECURITY SYMBOL ($MM) PORTFOLIO SECURITY SYMBOL ($MM)
RESTAURANT BRANDS INTL INC QSR 2,362 36.67% B
Materials, 13.5
CHIPOTLE MEXICAN GRILL INC CMG 1,398 21.70% B
MONDELEZ INTERNATIONAL INC MDLZ 912 14.16% B
PLATFORM SPECIALTY PRODUCTS PAH 543 8.43% B
HOWARD HUGHES CORP HHC 463 7.18% B
NOMAD FOODS LTD NOMD 437 6.79% AIR PRODUCTS & CHEMICALS S APD 326 -215
AIR PRODUCTS & CHEMICALS INC APD 326 5.07% VALEANT PHARMACEUTICALS INTL S VRX 0 -200
MONDELEZ INTERNATIONAL S MDLZ 912 -129
Consumer S
Staples, 20.95
S

TOTAL 6,442 100.00%

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Pershing Square Capital Management, L.P.
358.26%
350.00%

300.00%

250.00%

200.00%

150.00%

100.00%

50.00%

0.00%

-37.02%
12/1/05 4/30/06 9/30/06 2/28/07 7/31/07 12/31/07 5/31/08 10/31/08 3/31/09 8/31/09 1/31/10 6/30/10 11/30/10 4/30/11 9/30/11 2/29/12 7/31/12 12/31/12 5/31/13 10/31/13 3/31/14 8/31/14 1/31/15 6/30/15 11/30/15 4/30/16 9/30/16 2/28/17

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 41
NOVUS OWNERSHIP PLATFORM
POINT 72 ASSET MANAGEMENT
STEVE COHEN

KEY STATISTICS
REPORTED ASSETS ($MM): 18,101 MEDIAN MARKET CAP ($MM): 5,018 BATTING AVERAGE: 55.66%
# OF SECURITIES: 799 TRADABLE IN 30 DAYS: 99.40% # OF WINNERS: 5,080
TOP 10 POSITIONS (% OF PORT.): 14.60% AVERAGE HOLDING PERIOD: 4 Months # OF LOSERS: 4,047

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD

VALUE % OF Materials, 5.03 Consumer Discretionary, 19.68 VALUE


SECURITY SYMBOL ($MM) PORTFOLIO SECURITY SYMBOL ($MM)
SPDR S&P 500 ETF TRUST (PUT) SPY 497 2.75% Information SPDR S&P 500 ETF TRUST B SPY 497 448
Technology, 14.18
TESORO CORP TSO 383 2.12% FACEBOOK INC B FB 311 287
FACEBOOK INC FB 311 1.72% CONTINENTAL RESOURCES B CLR 214 207
MCDONALD'S CORP MCD 242 1.34% Consumer MCDONALD'S CORP B MCD 242 173
Staples, 3.81
ADVANCE AUTO PARTS INC AAP 233 1.29% ALIBABA GROUP HLDG B BABA 179 157
WPX ENERGY INC WPX 216 1.19% SPDR S&P 500 ETF TRUST S SPY 2 -630
Industrials, 9.1
CONTINENTAL RESOURCES INC CLR 214 1.18% POWERSHARES QQQ TRUST S QQQ 4 -260
VISA INC V 197 1.09% BUNGE LTD S BG 5 -236
Energy, 16.14
ALIBABA GROUP HLDG BABA 179 0.99% YAHOO INC S YHOO 21 -226
CONSTELLATION BRANDS STZ 171 0.94% BROADCOM LTD S AVGO 50 -161
TOTAL 2,643 14.60% Health Care, 18.32 Financials, 5.89

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Point72 Asset Management, L.P.
684.26%

600.00%

500.00%

400.00%

300.00%

200.00%

100.00%

0.00%
-27.09%
3/1/99 12/31/99 10/31/00 8/31/01 6/30/02 4/30/03 2/29/04 12/31/04 10/31/05 8/31/06 6/30/07 4/30/08 2/28/09 12/31/09 10/31/10 8/31/11 6/30/12 4/30/13 2/28/14 12/31/14 10/31/15 8/31/16

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 42
NOVUS OWNERSHIP PLATFORM
SAMLYN CAPITAL
ROBERT POHLY

KEY STATISTICS
REPORTED ASSETS ($MM): 4,407 MEDIAN MARKET CAP ($MM): 15,269 BATTING AVERAGE: 54.68%
# OF SECURITIES: 135 TRADABLE IN 30 DAYS: 97.38% # OF WINNERS: 543
TOP 10 POSITIONS (% OF PORT.): 24.08% AVERAGE HOLDING PERIOD: 5 Months # OF LOSERS: 450

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD

VALUE % OF Materials, 3.8 Consumer Discretionary, 23.34 VALUE


SECURITY SYMBOL ($MM) PORTFOLIO SECURITY SYMBOL ($MM)
CONSTELLATION BRANDS STZ 152 3.45% Information CONSTELLATION BRANDS B STZ 126 112
Technology, 13.13
CONSTELLATION BRANDS (CALL) STZ 126 2.86% TIME WARNER INC B TWX 103 103
MASTERCARD INC MA 120 2.73% BIOGEN INC B BIIB 108 75
BIOGEN INC BIIB 108 2.45% MCDONALD'S CORP B MCD 82 65
Industrials,
TIME WARNER INC TWX 103 2.34% 8.31 LOWE'S COMPANIES INC B LOW 85 63
ARAMARK ARMK 98 2.23% Consumer TD AMERITRADE HOLDING CORP S AMTD 0 -105
Staples, 12.01
UNIVERSAL HEALTH SVCS INC UHS 95 2.16% FERRARI NV S RACE 37 -93
CORELOGIC INC CLGX 89 2.01% CONSTELLATION BRANDS S STZ 152 -80
ULTA BEAUTY INC ULTA 85 1.93% AMGEN INC S AMGN 0 -75
Energy, 2.18
Health Care, 17.38
LOWE'S COMPANIES INC LOW 85 1.92% ALLERGAN PLC S AGN 51 -74
TOTAL 1,061 24.08% Financials, 16.49

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Samlyn Capital
101.51%
100.00%

80.00%

60.00%

40.00%

20.00%

0.00%

-20.00%

-40.00%
-50.00%
12/1/07 4/30/08 9/30/08 2/28/09 7/31/09 12/31/09 5/31/10 10/31/10 3/31/11 8/31/11 1/31/12 6/30/12 11/30/12 4/30/13 9/30/13 2/28/14 7/31/14 12/31/14 5/31/15 10/31/15 3/31/16 8/31/16 1/31/17

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 43
NOVUS OWNERSHIP PLATFORM
SENATOR INVESTMENT GROUP
DOUG SILVERMAN / ALEXANDER KLABIN

KEY STATISTICS
REPORTED ASSETS ($MM): 8,384 MEDIAN MARKET CAP ($MM): 13,296 BATTING AVERAGE: 64.23%
# OF SECURITIES: 59 TRADABLE IN 30 DAYS: 93.87% # OF WINNERS: 343
TOP 10 POSITIONS (% OF PORT.): 44.18% AVERAGE HOLDING PERIOD: 6 Months # OF LOSERS: 191

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD

Consumer Discretionary, 25.66


VALUE % OF Telecommunication Services, 9.48 VALUE
SECURITY SYMBOL ($MM) PORTFOLIO SECURITY SYMBOL ($MM)
CHARTER COMMUNICATIONS INC CHTR 540 6.44% FOREST CITY REALTY TRUST B FCE.A 347 338
Materials, 7.21
SBA COMMUNICATIONS CORP SBAC 448 5.35% PAYPAL HOLDINGS B PYPL 383 333
TIME WARNER INC TWX 403 4.81% COGNIZANT TECH SOLUTIONS B CTSH 281 256
PAYPAL HOLDINGS INC PYPL 383 4.57% MGM RESORTS B MGM 273 240
CONSTELLATION BRANDS STZ 366 4.36% AUTOZONE INC B AZO 202 217
BROADCOM LTD AVGO 351 4.19% CHARTER COMMUNICATIONS S CHTR 540 -308
Consumer
FOREST CITY REALTY TRUST INC FCE.A 347 4.14% Staples, 6.82 ALTRIA GROUP INC S MO 0 -293
Information
ALPHABET INC GOOG 294 3.51% Technology, 19.23 BALL CORP S BLL 166 -217
Energy, 2.37
HUMANA INC HUM 291 3.47% IHS MARKIT LTD S INFO 0 -210
COGNIZANT TECH SOLUTIONS CTSH 281 3.36% Financials, 4.83 NORFOLK SOUTHERN CORP S NSC 0 -190
Industrials,
TOTAL 3,704 44.18% 7.65
Health Care, 14.03

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Senator Investment Group
331.45%
300.00%

250.00%

200.00%

150.00%

100.00%

50.00%

0.00%

-34.92%
12/1/08 4/30/09 9/30/09 2/28/10 7/31/10 12/31/10 5/31/11 10/31/11 3/31/12 8/31/12 1/31/13 6/30/13 11/30/13 4/30/14 9/30/14 2/28/15 7/31/15 12/31/15 5/31/16 10/31/16 3/31/17

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 44
NOVUS OWNERSHIP PLATFORM
THIRD POINT LLC
DANIEL LOEB

KEY STATISTICS
REPORTED ASSETS ($MM): 10,642 MEDIAN MARKET CAP ($MM): 29,435 BATTING AVERAGE: 58.30%
# OF SECURITIES: 40 TRADABLE IN 30 DAYS: 70.03% # OF WINNERS: 632
TOP 10 POSITIONS (% OF PORT.): 62.56% AVERAGE HOLDING PERIOD: 10 Months # OF LOSERS: 452

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD


Utilities, 4.88 Consumer Discretionary, 11.57
VALUE % OF VALUE
SECURITY SYMBOL ($MM) PORTFOLIO SECURITY SYMBOL ($MM)
Materials, 13.6 Consumer
BAXTER INTERNATIONAL INC BAX 2,632 24.73% Staples, 6.02 T-MOBILE US INC B TMUS 332 323
DOW CHEMICAL DOW 962 9.04% SALESFORCE.COM INC B CRM 262 247
CONSTELLATION BRANDS STZ 549 5.16% Energy, 3.93
QUALCOMM INC B QCOM 202 201
FACEBOOK INC FB 444 4.17% HEWLETT PACKARD ENTERPRISE B HPE 111 142
ALPHABET INC GOOGL 434 4.08% Information CELANESE CORP B CE 106 112
Technology, Financials,
TIME WARNER INC TWX 342 3.21% 15.61 7.86 BAXTER INTERNATIONAL INC S BAX 2632 -306
SOTHEBY'S BID 333 3.13% HUMANA INC S HUM 211 -304
T-MOBILE US INC TMUS 332 3.12% APPLE INC S AAPL 0 -266
JPMORGAN CHASE & CO JPM 318 2.99% PRIVATEBANCORP INC S PVTB 0 -178
Industrials,
BANK OF AMERICA CORP BAC 311 2.92% 4.04 CHUBB LTD S CB 0 -164
TOTAL 6,657 62.56% Health Care, 32.29

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Third Point, L.L.C.
508.27%
500.00%

450.00%

400.00%

350.00%

300.00%

250.00%

200.00%

150.00%

100.00%

50.00%

0.00%
-31.25%
6/1/99 3/31/00 1/31/01 11/30/01 9/30/02 7/31/03 5/31/04 3/31/05 1/31/06 11/30/06 9/30/07 7/31/08 5/31/09 3/31/10 1/31/11 11/30/11 9/30/12 7/31/13 5/31/14 3/31/15 1/31/16 11/30/16

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 45
NOVUS OWNERSHIP PLATFORM
TIGER GLOBAL MANAGEMENT
CHASE COLEMAN

KEY STATISTICS
REPORTED ASSETS ($MM): 11,745 MEDIAN MARKET CAP ($MM): 9,226 BATTING AVERAGE: 44.89%
# OF SECURITIES: 48 TRADABLE IN 30 DAYS: 70.78% # OF WINNERS: 325
TOP 10 POSITIONS (% OF PORT.): 75.60% AVERAGE HOLDING PERIOD: 16 Months # OF LOSERS: 399

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD

VALUE % OF Information Technology, 18.27 Consumer Discretionary, 65.95 VALUE


SECURITY SYMBOL ($MM) PORTFOLIO SECURITY SYMBOL ($MM)
PRICELINE GROUP INC PCLN 1,915 16.31% APOLLO GLOBAL
B APO 609 568
MANAGEMENT
JD.COM INC -ADR JD 1,896 16.15%
TRANSDIGM GROUP INC B TDG 649 465
AMAZON.COM INC AMZN 1,299 11.06%
DOMINO'S PIZZA INC B DPZ 568 422
TRANSDIGM GROUP INC TDG 649 5.53%
Industrials, 8.01
TELADOC INC B TDOC 145 122
APOLLO GLOBAL MANAGEMENT LLC APO 609 5.19%
AMERICAN TOWER CORP B AMT 78 74
ALIBABA GROUP HLDG BABA 586 4.99%
PRICELINE GROUP INC S PCLN 1915 -350
DOMINO'S PIZZA INC DPZ 568 4.84%
Financials, 5.26 CHARTER COMMUNICATIONS S CHTR 495 -249
MEITU INC MEITU 498 4.24%
FLEETCOR TECHNOLOGIES S FLT 190 -230
CHARTER COMMUNICATIONS INC CHTR 495 4.21%
FIAT CHRYSLER AUTOMOBILES NV S FCAU 364 -197
FIAT CHRYSLER AUTOMOBILES NV FCAU 364 3.10%
ALPHABET S GOOGL 84 -83
TOTAL 8,880 75.60%

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Tiger Global Management, LLC
293.26%

250.00%

200.00%

150.00%

100.00%

50.00%

0.00%

-48.56%
12/1/01 9/30/02 7/31/03 5/31/04 3/31/05 1/31/06 11/30/06 9/30/07 7/31/08 5/31/09 3/31/10 1/31/11 11/30/11 9/30/12 7/31/13 5/31/14 3/31/15 1/31/16 11/30/16

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 46
NOVUS OWNERSHIP PLATFORM
TIGER MANAGEMENT
JULIAN ROBERTSON

KEY STATISTICS
REPORTED ASSETS ($MM): 538 MEDIAN MARKET CAP ($MM): 19,231 BATTING AVERAGE: 59.08%
# OF SECURITIES: 56 TRADABLE IN 30 DAYS: 98.13% # OF WINNERS: 192
TOP 10 POSITIONS (% OF PORT.): 53.36% AVERAGE HOLDING PERIOD: 10 Months # OF LOSERS: 133

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD

Other, 4.79 Consumer Discretionary, 11.68


VALUE % OF VALUE
SECURITY SYMBOL ($MM) PORTFOLIO Information Technology, 45.57 SECURITY SYMBOL ($MM)
ALPHABET INC GOOG 37 6.84% ADOBE SYSTEMS INC B ADBE 30 29
FACEBOOK INC FB 35 6.43% BOSTON SCIENTIFIC CORP B BSX 24 22
Financials, 11.87
CELGENE CORP CELG 33 6.23% JPMORGAN CHASE & CO B JPM 15 15
ADOBE SYSTEMS INC ADBE 30 5.58% NETEASE INC B NTES 15 15
MICROSOFT CORP MSFT 30 5.56% SECTOR SPDR (SBI INT-UTILS) B XLU 13 13
AUTODESK INC ADSK 28 5.17% SPDR S&P 500 ETF TRUST S SPY 0 -52
ROYAL CARIBBEAN CRUISES LTD RCL 26 4.92% APPLE INC S AAPL 0 -25
COMMSCOPE HOLDING CO INC COMM 24 4.48% HOLLYFRONTIER CORP S HFC 0 -18
BOSTON SCIENTIFIC CORP BSX 24 4.42% Health Care, 17.22 SHIRE PLC S SHPG 0 -17
TAKE-TWO INTERACTIVE SFTWR TTWO 20 3.73% COMMSCOPE HOLDING
S COMM 24 -15
CO INC
TOTAL 287 53.36%
Industrials, 4.53

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Tiger Management, L.L.C.
296.10%

250.00%

200.00%

150.00%

100.00%

50.00%

0.00%
-23.48%
12/1/08 4/30/09 9/30/09 2/28/10 7/31/10 12/31/10 5/31/11 10/31/11 3/31/12 8/31/12 1/31/13 6/30/13 11/30/13 4/30/14 9/30/14 2/28/15 7/31/15 12/31/15 5/31/16 10/31/16 3/31/17

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 47
NOVUS OWNERSHIP PLATFORM
TRIAN FUND MANAGEMENT
NELSON PELTZ

KEY STATISTICS
REPORTED ASSETS ($MM): 13,437 MEDIAN MARKET CAP ($MM): 58,344 BATTING AVERAGE: 65.69%
# OF SECURITIES: 8 TRADABLE IN 30 DAYS: 58.46% # OF WINNERS: 67
TOP 10 POSITIONS (% OF PORT.): 100.00% AVERAGE HOLDING PERIOD: 73 Months # OF LOSERS: 35

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD

Materials, 5.44 Consumer Discretionary, 5.31


VALUE % OF VALUE
SECURITY SYMBOL ($MM) PORTFOLIO SECURITY SYMBOL ($MM)
PROCTER & GAMBLE CO PG 3,167 23.57% PROCTER & GAMBLE CO B PG 3167 2723
SYSCO CORP SYY 2,400 17.86% Industrials, GENERAL ELECTRIC CO B GE 1935 46
21.56
MONDELEZ INTERNATIONAL INC MDLZ 2,023 15.05% PENTAIR PLC B PNR 962 0
GENERAL ELECTRIC CO GE 1,935 14.40% SYSCO CORP B SYY 2400 0
Consumer
BANK OF NEW YORK MELLON CORP BK 1,507 11.21% Staples, 56.48 MONDELEZ INTERNATIONAL B MDLZ 2023 0
PENTAIR PLC PNR 962 7.16% DU PONT (E I) DE NEMOURS S DD 731 -437
DU PONT (E I) DE NEMOURS DD 731 5.44% S
WENDY'S CO WEN 713 5.31% S
Financials, 11.21
S
S
TOTAL 13,437 100.00%

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Trian Fund Management LP
251.79%
250.00%

200.00%

150.00%

100.00%

50.00%

0.00%

-40.35%
9/1/06 1/31/07 6/30/07 11/30/07 4/30/08 9/30/08 2/28/09 7/31/09 12/31/09 5/31/10 10/31/10 3/31/11 8/31/11 1/31/12 6/30/12 11/30/12 4/30/13 9/30/13 2/28/14 7/31/14 12/31/14 5/31/15 10/31/15 3/31/16 8/31/16 1/31/17

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 48
NOVUS OWNERSHIP PLATFORM
TUDOR INVESTMENT CORP.
PAUL TUDOR JONES

KEY STATISTICS
REPORTED ASSETS ($MM): 3,286 MEDIAN MARKET CAP ($MM): 2,596 BATTING AVERAGE: 60.72%
# OF SECURITIES: 1,347 TRADABLE IN 30 DAYS: 99.77% # OF WINNERS: 3,478
TOP 10 POSITIONS (% OF PORT.): 31.04% AVERAGE HOLDING PERIOD: 4 Months # OF LOSERS: 2,250

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD


Consumer Discretionary, 11.72
Telecommunication Services, 2.37
VALUE % OF VALUE
SECURITY SYMBOL ($MM) PORTFOLIO
Materials, 6.67
SECURITY SYMBOL ($MM)
SPDR S&P 500 ETF TRUST (PUT) SPY 344 10.47% ISHARES MSCI EMERG MKTS
B EEM 76 73
ETF
SPDR S&P 500 ETF TRUST (CALL) SPY 262 7.96%
Consumer Staples, BIOVERATIV INC B BIVV 39 38
ISHARES MSCI EMERG MKTS ETF EEM 76 2.31% 4.89
VCA INC B WOOF 34 34
NXP SEMICONDUCTORS NV NXPI 65 1.99%
MEAD JOHNSON NUTRITION CO B MJN 35 33
TIME WARNER INC TWX 60 1.84%
ZIMMER BIOMET HOLDINGS B ZBH 31 31
EVERBANK FINANCIAL CORP EVER 48 1.46% Information
Technology, 13.78 SPDR S&P 500 ETF TRUST S SPY 344 -611
SYNGENTA AG SYT 48 1.45%
SPDR S&P 500 ETF TRUST S SPY 39 -172
SPDR S&P 500 ETF TRUST SPY 39 1.20% Financials, 11.47
SPDR S&P 500 ETF TRUST S SPY 262 -72
BIOVERATIV INC BIVV 39 1.18%
DANAHER CORP S DHR 0 -41
IPATH S&P 500 VIX S-TERM ETN (PUT) VXX 38 1.17%
Industrials, 10.25 ST JUDE MEDICAL INC S STJ 0 -41
TOTAL 1,020 31.04%
Health Care, 11.32

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Tudor Investment Corporation
773.16%
700.00%

600.00%

500.00%

400.00%

300.00%

200.00%

100.00%

0.00%
-53.76%

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 49
NOVUS OWNERSHIP PLATFORM
VALUEACT CAPITAL
JEFFREY UBBEN

KEY STATISTICS
REPORTED ASSETS ($MM): 13,844 MEDIAN MARKET CAP ($MM): 11,570 BATTING AVERAGE: 72.49%
# OF SECURITIES: 17 TRADABLE IN 30 DAYS: 25.48% # OF WINNERS: 122
TOP 10 POSITIONS (% OF PORT.): 91.02% AVERAGE HOLDING PERIOD: 23 Months # OF LOSERS: 44

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD

Telecommunication Services, 10.19 Consumer Discretionary, 10.41


VALUE % OF VALUE
SECURITY SYMBOL ($MM) PORTFOLIO SECURITY SYMBOL ($MM)
ROLLS-ROYCE HLDGS PLC RYCEF 2,219 16.03% BIOVERATIV INC B BIVV 465 462
BAKER HUGHES INC BHI 1,829 13.21% Energy, 13.22 BAKER HUGHES INC B BHI 1829 239
MICROSOFT CORP MSFT 1,558 11.25% ROLLS-ROYCE HLDGS PLC B RYCEF 2219 178
Information
TWENTY-FIRST CENTURY FOX INC FOX 1,441 10.41% Technology, ALLIANCE DATA SYSTEMS CORP B ADS 1382 157
24.75
CBRE GROUP INC CBG 1,410 10.19% VALEANT PHARMACEUTICALS INTL B VRX 243 33
ALLIANCE DATA SYSTEMS CORP ADS 1,382 9.98% MICROSOFT CORP S MSFT 1558 -1028
WILLIS TOWERS WATSON PLC WLTW 1,136 8.20% MORGAN STANLEY S MS 748 -386
MORGAN STANLEY MS 748 5.40% Financials, 13.61 ALLISON TRANSMISSION HLDGS S ALSN 0 -380
BIOVERATIV INC BIVV 465 3.36% S
TRINITY INDUSTRIES TRN 414 2.99% S
Health Care, 5.12
TOTAL 12,601 91.02%
Industrials, 22.68

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 ValueAct Capital Partners, L.P.
1233.48%
1200.00%

1000.00%

800.00%

600.00%

400.00%

200.00%

0.00%
-25.80%
9/1/01 6/30/02 4/30/03 2/29/04 12/31/04 10/31/05 8/31/06 6/30/07 4/30/08 2/28/09 12/31/09 10/31/10 8/31/11 6/30/12 4/30/13 2/28/14 12/31/14 10/31/15 8/31/16

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 50
NOVUS OWNERSHIP PLATFORM
VIKING GLOBAL INVESTORS
ANDREAS HALVORSEN

KEY STATISTICS
REPORTED ASSETS ($MM): 23,799 MEDIAN MARKET CAP ($MM): 29,959 BATTING AVERAGE: 59.03%
# OF SECURITIES: 65 TRADABLE IN 30 DAYS: 85.86% # OF WINNERS: 621
TOP 10 POSITIONS (% OF PORT.): 57.21% AVERAGE HOLDING PERIOD: 8 Months # OF LOSERS: 431

TOP 10 POSITIONS SECTOR ALLOCATIONS (%) TOP BOUGHT/SOLD


Materials, 4.26
VALUE % OF VALUE
SECURITY SYMBOL ($MM) PORTFOLIO Consumer Discretionary, 22.33 SECURITY SYMBOL ($MM)
Information
FACEBOOK INC FB 2,334 9.81% Technology, 35.07 DEERE & CO B DE 1748 561
MICROSOFT CORP MSFT 1,964 8.25% MICROSOFT CORP B MSFT 1964 466
DEERE & CO DE 1,748 7.35% LIBERTY MEDIA CP MEDIA
B FWONK 370 410
GROUP
JD.COM INC -ADR JD 1,364 5.73%
WALGREENS BOOTS
ALPHABET INC GOOGL 1,355 5.69% B WBA 972 346
Consumer ALLIANCE INC
Staples, 4.09
AMAZON.COM INC AMZN 1,047 4.40% JPMORGAN CHASE & CO B JPM 313 325
Energy, 8.35
ALPHABET INC GOOG 1,004 4.22% CONSTELLATION BRANDS S STZ 0 -638
WALGREENS BOOTS ALLIANCE INC WBA 972 4.09% T-MOBILE US INC S TMUS 0 -543
NETFLIX INC NFLX 928 3.90% AMAZON.COM INC S AMZN 1047 -475
Financials, 6.68
ENCANA CORP ECA 898 3.77% FACEBOOK INC S FB 2334 -457
TOTAL 13,615 57.21% MASTERCARD INC S MA 67 -420
Industrials, 10.64 Health Care, 8.58

CUMULATIVE PERFORMANCE VS. BENCHMARK


S&P 1500 Viking Global Investors LP
652.26%
600.00%

500.00%

400.00%

300.00%

200.00%

100.00%

0.00%
-35.89%
12/1/99 9/30/00 7/31/01 5/31/02 3/31/03 1/31/04 11/30/04 9/30/05 7/31/06 5/31/07 3/31/08 1/31/09 11/30/09 9/30/10 7/31/11 5/31/12 3/31/13 1/31/14 11/30/14 9/30/15 7/31/16 5/31/17

SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 51
NOVUS OWNERSHIP PLATFORM
ABOUT THE NOVUS OWNERSHIP PLATFORM
HISTORICAL POSITIONS, ATTRIBUTION & PERFORMANCE, RISK AND PORTFOLIO MANAGEMENT
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SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 52
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SOURCE: NOVUS PUBLIC OWNERSHIP DATABASE


PERFORMANCE FIGURES ARE SIMULATED USING FILINGS DATA & PRICING INFORMATION.
REQUEST ACCESS TO THE 53
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