Maverick Capital

Q4 2017 13F · by Lee Ainslie, founder

As of: Dec 31, 2017
Filed: Feb 13, 2018
US stock: $7.9B · prev $7.9B
Positions: 175 · prev 176
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves229 since the prior filing

+26.9 pp in · −27.0 pp out

New 54 +11.82 pp
Added 97 +15.09 pp
Trimmed 23 −9.30 pp
Exited 55 −17.68 pp

The book

Focused · behaves like 29 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 109% a year, about 0.9 years per position

Low
Moderate
High

Top 5 positions29% of US stock

UHS Universal Health Services, Inc. Class B trimmed−0.46 pp trimmed−0.467.8%
META Meta Platforms, Inc. Class A trimmed−0.63 pp trimmed−0.636.5%
V VISA Inc. added+0.74 pp added+0.745.2%
ADBE Adobe Inc. added+2.07 pp added+2.074.8%
GOOG Alphabet Inc. Class C trimmed−0.79 pp trimmed−0.794.5%

Positions175 in this filing · 55 exited


UHSUniversal Health Services, Inc. Class B	7.79%	5,442,665	$617M	trimmed−7%	−0.46 pp	13 q
METAMeta Platforms, Inc. Class A	6.50%	2,916,842	$515M	trimmed−11%	−0.63 pp	12 q
VVISA Inc.	5.20%	3,612,923	$412M	added+8%	+0.74 pp	3 q
ADBEAdobe Inc.	4.85%	2,192,956	$384M	added+49%	+2.07 pp	18 q
GOOGAlphabet Inc. Class C	4.54%	343,960	$360M	trimmed−22%	−0.79 pp	13 q
unresolvedEnvision Healthcare Corp	4.36%	10,002,182	$346M	added+31%	0.00 pp	4 q
DXCDXC Technology Company	4.14%	3,456,165	$328M	trimmed−2%	+0.31 pp	3 q
TAPMolson Coors Beverage Company Class B	3.86%	3,727,466	$306M	added+65%	+1.52 pp	3 q
MSFTMicrosoft Corp	3.81%	3,527,000	$302M	added×3.1	+2.73 pp	2 q
MGMMgm Resorts International	3.74%	8,867,800	$296M	added+26%	+0.84 pp	3 q
unresolvedDowdupont Inc	3.65%	4,059,462	$289M	trimmed−17%	−0.63 pp	2 q
WCNWaste Connections, Inc.	3.33%	3,716,045	$264M	trimmed−30%	−1.37 pp	7 q
unresolvedShire PLC	3.26%	1,662,637	$258M	trimmed−16%	−0.57 pp	8 q
BUDAnheuser-Busch INBEV SA/NV	3.18%	2,261,184	$252M	added+53%	+0.94 pp	19 q
unresolvedAndeavor	3.14%	2,176,489	$249M	trimmed−15%	−0.22 pp	2 q
TMUST-Mobile US, Inc.	2.68%	3,349,036	$213M	added×2.0	+1.39 pp	2 q
SCHWThe Charles Schwab Corporation	2.04%	3,150,359	$162M	new	+2.04 pp	new
STZConstellation Brands, Inc.	1.90%	659,110	$151M	trimmed−55%	−1.84 pp	4 q
WYNNWynn Resorts Ltd	1.85%	868,130	$146M	trimmed−1%	+0.19 pp	4 q
unresolvedVantiv Inc	1.58%	1,707,281	$126M	new	+1.58 pp	new
IPXLImpax Laboratories, Inc.	1.54%	7,327,798	$122M	added+13%	−0.13 pp	4 q
LVSLas Vegas Sands Corp.	1.20%	1,365,542	$95M	trimmed−29%	−0.36 pp	4 q
LOWLowe's Companies Inc.	1.17%	999,925	$93M	added×6.4	+1.01 pp	3 q
SABRSabre Corporation	1.17%	4,541,121	$93M	trimmed−66%	−1.91 pp	15 q
BTIBritish American Tobacco p.l.c.	0.96%	1,135,965	$76M	new	+0.96 pp	new
VISNVistance Networks, Inc.	0.96%	2,006,180	$76M	new	+0.96 pp	new
FLTCorpay, Inc.	0.92%	380,158	$73M	trimmed−49%	−0.54 pp	2 q
BABAAlibaba Group Holding Limited	0.82%	378,572	$65M	trimmed−6%	−0.06 pp	2 q
CIENCiena Corporation	0.64%	2,434,864	$51M	new	+0.64 pp	new
ABEVAmbev S.a.	0.63%	7,770,958	$50M	new	+0.63 pp	new
PACBPacific Biosciences of California, Inc.	0.37%	11,223,094	$30M	added+6%	−0.34 pp	19 q
TIFTiffany & Co.	0.30%	226,853	$24M	added+83%	+0.16 pp	3 q
ETSYEtsy, Inc.	0.27%	1,061,552	$22M	new	+0.27 pp	new
PRKSUnited Parks & Resorts Inc.	0.27%	1,559,523	$21M	new	+0.27 pp	new
DGDollar General Corp.	0.26%	218,840	$20M	added+37%	+0.10 pp	2 q
SKAASkechers USA Inc-cl A	0.26%	549,177	$21M	new	+0.26 pp	new
KSSKohls Corporation	0.23%	332,120	$18M	added×3.9	+0.18 pp	2 q
SIX1Six Flags Entertainment Corp.	0.23%	273,630	$18M	added+51%	+0.09 pp	2 q
AEOAmerican Eagle Outfitters	0.22%	906,132	$17M	added×7.0	+0.20 pp	3 q
YUMYum! Brands, Inc.	0.21%	205,620	$17M	new	+0.21 pp	new
CASYCasey's General Stores Inc	0.20%	138,810	$16M	added+54%	+0.07 pp	2 q
DLTRDollar Tree Inc.	0.19%	139,220	$15M	added+18%	+0.06 pp	6 q
TPRTapestry, Inc.	0.19%	338,842	$15M	new	+0.19 pp	new
BLMNBloomin' Brands, Inc.	0.18%	676,447	$14M	new	+0.18 pp	new
LBBath & Body Works, Inc.	0.18%	240,680	$14M	added+98%	+0.12 pp	2 q
FIVEFive Below, Inc.	0.17%	203,659	$14M	added×6.8	+0.15 pp	3 q
SFMSprouts Farmers Market, Inc.	0.17%	564,063	$14M	added×264.0	+0.17 pp	3 q
TGTTarget Corporation	0.17%	209,259	$14M	added×2.0	+0.09 pp	3 q
NFLXNetFlix Inc	0.16%	65,860	$13M	new	+0.16 pp	new
BBYBest Buy Company, Inc.	0.14%	163,480	$11M	new	+0.14 pp	new
DRIDarden Restaurants, Inc.	0.14%	111,760	$11M	new	+0.14 pp	new
NKENike, Inc.	0.14%	172,010	$11M	new	+0.14 pp	new
PLCEChildren's Place, Inc.	0.13%	69,270	$10M	added×2.1	+0.08 pp	2 q
unresolvedDsw Inc	0.12%	459,584	$10M	added×5.1	+0.10 pp	2 q
EBAYeBay Inc	0.12%	247,850	$9M	added×2.4	+0.07 pp	9 q
HB6Hibbett Inc	0.12%	468,188	$10M	added×2.4	+0.08 pp	2 q
ISRGIntuitive Surgical Inc.	0.12%	27,020	$10M	added+64%	+0.05 pp	3 q
JNJJohnson & Johnson	0.12%	67,520	$9M	added+69%	+0.05 pp	7 q
KLACKLA Corporation	0.12%	87,670	$9M	new	+0.12 pp	new
SFLYShutterfly, Inc.	0.12%	185,820	$9M	added×7.3	+0.10 pp	2 q
S9QSpirit Aerosystems Hold-cl A	0.12%	108,600	$9M	added+56%	+0.05 pp	5 q
VMWVMware, Inc	0.12%	77,770	$10M	added+50%	+0.05 pp	6 q
BABoeing Company	0.11%	30,170	$9M	new	+0.11 pp	new
CRICarter's Inc.	0.11%	73,600	$9M	trimmed−12%	0.00 pp	2 q
CMGChipotle Mexican Grill, Inc.	0.11%	31,500	$9M	new	+0.11 pp	new
CTSHCognizant Technology Solutions	0.11%	121,290	$9M	new	+0.11 pp	new
EWEdwards Lifesciences Corp	0.11%	79,460	$9M	added+73%	+0.05 pp	7 q
EAElectronic Arts Inc	0.11%	85,180	$9M	added×2.0	+0.05 pp	5 q
HUMHumana Inc.	0.11%	36,410	$9M	added+72%	+0.04 pp	3 q
INTCIntel Corp	0.11%	180,360	$8M	new	+0.11 pp	new
ORCLOracle Corp	0.11%	179,850	$9M	added+85%	+0.05 pp	2 q
TTWOTake-Two Interactive Software Inc	0.11%	77,280	$8M	added+57%	+0.05 pp	4 q
URBNUrban Outfitters Inc	0.11%	243,140	$9M	trimmed−36%	−0.01 pp	2 q
unresolvedValeant Pharmaceuticals Intl	0.11%	435,630	$9M	added+58%	+0.06 pp	2 q
WWayfair Inc.	0.11%	108,441	$9M	new	+0.11 pp	new
WCGWellcare Health Plans, Inc.	0.11%	43,620	$9M	new	+0.11 pp	new
BBYD20230930-DK-BUTTERFLY-1 Inc	0.10%	354,792	$8M	new	+0.10 pp	new
BJRIBJ's Restaurants, Inc.	0.10%	224,539	$8M	new	+0.10 pp	new
EATBrinker International, Inc.	0.10%	197,750	$8M	new	+0.10 pp	new
CHSChicos FAS, Inc.	0.10%	873,430	$8M	new	+0.10 pp	new
LEALear Corporation	0.10%	43,950	$8M	added+41%	+0.03 pp	9 q
MSGSMadison Square Garden Sports Corp.	0.10%	37,370	$8M	added+56%	+0.04 pp	3 q
MELIMercado Libre, Inc	0.10%	24,480	$8M	added+47%	+0.05 pp	2 q
SPGIS&P Global Inc.	0.10%	48,870	$8M	added+54%	+0.04 pp	5 q
SHAKShake Shack Inc.	0.10%	175,943	$8M	new	+0.10 pp	new
TJXTJX Companies, Inc. (The)	0.10%	106,679	$8M	added+54%	+0.04 pp	6 q
TERTeradyne, Inc.	0.10%	187,420	$8M	new	+0.10 pp	new
TWTRTwitter, Inc.	0.10%	318,580	$8M	new	+0.10 pp	new
WATWaters Corp	0.10%	42,930	$8M	added+60%	+0.04 pp	3 q
WTWWillis Towers Watson Public Limited Company	0.10%	182,776	$8M	added+55%	+0.03 pp	5 q
WWWWolverine World Wide, Inc.	0.10%	259,726	$8M	added+43%	+0.03 pp	2 q
unresolvedAetna Inc New	0.09%	38,530	$7M	added×2.7	+0.06 pp	12 q
AKRXAkorn, Inc.	0.09%	216,280	$7M	added×2.1	+0.05 pp	6 q
ALLThe Allstate Corporation	0.09%	66,190	$7M	added×2.7	+0.06 pp	12 q
AMATApplied Materials Inc	0.09%	137,100	$7M	added+40%	+0.03 pp	6 q
BAXBaxter International Inc.	0.09%	108,210	$7M	added+91%	+0.04 pp	7 q
DINDine Brands Global, Inc.	0.09%	143,936	$7M	new	+0.09 pp	new
ETRAE*trade Financial Corp	0.09%	143,590	$7M	added+35%	+0.03 pp	4 q
GNRCGenerac Holdings Inc	0.09%	151,310	$7M	new	+0.09 pp	new
GSGoldman Sachs Group Inc.	0.09%	29,200	$7M	added+42%	+0.03 pp	4 q
LOPEGrand Canyon Education, Inc	0.09%	83,260	$7M	added+45%	+0.02 pp	3 q
unresolvedNew Oriental Ed & Tech Grp I	0.09%	77,430	$7M	added+87%	+0.04 pp	3 q
ONON Semiconductor Corp	0.09%	330,840	$7M	new	+0.09 pp	new
unresolvedPriceline Grp Inc	0.09%	4,231	$7M	added+68%	+0.03 pp	13 q
PRLBProto Labs, Inc.	0.09%	67,732	$7M	added+15%	+0.03 pp	2 q
TALTAL Education Group	0.09%	243,430	$7M	added×2.1	+0.04 pp	7 q
WDCWestern Digital Corp.	0.09%	93,040	$7M	new	+0.09 pp	new
ABMDAbiomed Inc	0.08%	32,580	$6M	new	+0.08 pp	new
ALKAlaska Air Group, Inc.	0.08%	86,580	$6M	added×2.9	+0.05 pp	12 q
AAAlcoa Corporation	0.08%	116,740	$6M	new	+0.08 pp	new
ALLYAlly Financial Inc.	0.08%	229,020	$7M	added+57%	+0.03 pp	2 q
AXPAmerican Express Company	0.08%	65,320	$6M	added×2.6	+0.05 pp	12 q
ELVElevance Health, Inc.	0.08%	29,200	$7M	added+57%	+0.04 pp	10 q
AAPLApple Inc.	0.08%	37,860	$6M	added×2.8	+0.05 pp	12 q
ANETArista Networks	0.08%	26,430	$6M	new	+0.08 pp	new
BIDUBaidu, Inc.	0.08%	25,480	$6M	added+78%	+0.03 pp	2 q
CDNSCadence Design Systems	0.08%	155,030	$6M	added+68%	+0.03 pp	10 q
CSLTCastlight Health, Inc.	0.08%	1,739,167	$7M	held	—	16 q
CFGCitizens Financial Group, Inc.	0.08%	150,420	$6M	added+56%	+0.03 pp	3 q
CTXSCitrix Systems Inc	0.08%	70,960	$6M	added+63%	+0.04 pp	10 q
ENTGEntegris Inc	0.08%	220,590	$7M	added+32%	+0.02 pp	3 q
EXPEExpedia Group, Inc.	0.08%	53,680	$6M	added×2.3	+0.04 pp	2 q
FNFFidelity National Financial, Inc.	0.08%	169,890	$7M	added×2.3	+0.04 pp	2 q
WOOFoot Locker Inc	0.08%	137,674	$6M	new	+0.08 pp	new
HASHasbro, Inc.	0.08%	74,060	$7M	added×2.0	+0.03 pp	2 q
HUNHuntsman Corporation	0.08%	196,890	$7M	added+30%	+0.03 pp	3 q
MAMastercard Incorporated	0.08%	44,450	$7M	added×2.7	+0.05 pp	12 q
NVDANvidia Corp	0.08%	30,950	$6M	new	+0.08 pp	new
PRIPrimerica, Inc.	0.08%	65,221	$7M	added+15%	+0.02 pp	3 q
RRGBRed Robin Gourmet Burgers Inc	0.08%	117,314	$7M	new	+0.08 pp	new
SWKSSkyworks Solutions Inc	0.08%	66,380	$6M	added+67%	+0.03 pp	5 q
LUVSouthwest Airlines Co.	0.08%	99,420	$7M	added×2.3	+0.05 pp	12 q
STLDSteel Dynamics Inc	0.08%	148,610	$6M	added+60%	+0.04 pp	3 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.	0.08%	165,220	$7M	added+82%	+0.04 pp	5 q
URIUnited Rentals, Inc.	0.08%	37,680	$6M	added+17%	+0.02 pp	4 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.08%	29,780	$7M	added+69%	+0.04 pp	3 q
SINASina Corp	0.08%	62,760	$6M	new	+0.08 pp	new
RACEFerrari N.V.	0.08%	56,960	$6M	new	+0.08 pp	new
ALGNAlign Technology Inc	0.07%	25,650	$6M	added+38%	+0.03 pp	3 q
BBLBHP Group Plc	0.07%	143,300	$6M	new	+0.07 pp	new
BLKBBlackbaud, Inc.	0.07%	61,930	$6M	added+63%	+0.03 pp	2 q
CONNQConn's Inc	0.07%	146,303	$5M	added+3%	+0.02 pp	2 q
CACCCredit Acceptance Corp	0.07%	18,090	$6M	added+57%	+0.03 pp	2 q
unresolvedKkr & Co L P DEL	0.07%	271,760	$6M	added+48%	+0.02 pp	2 q
LRCXLam Research Corp	0.07%	32,260	$6M	added+65%	+0.02 pp	8 q
PBRPetroleo Brasileiro S.a.-petrobras	0.07%	541,850	$6M	new	+0.07 pp	new
BIDTribeca Strategic Acquisition Corp. Class A	0.07%	106,890	$6M	added+54%	+0.03 pp	2 q
VALEVale S.a.	0.07%	430,110	$5M	added+66%	+0.04 pp	4 q
JAZZJazz Pharmaceuticals, Inc.	0.07%	43,540	$6M	added+100%	+0.03 pp	8 q
unresolvedRowan Cos PLC	0.07%	332,844	$5M	new	+0.07 pp	new
unresolvedFiat Chrysler Automobiles NV s	0.07%	298,740	$5M	new	+0.07 pp	new
NBISNebius Group N.V. Class A	0.07%	163,760	$5M	added+67%	+0.03 pp	4 q
RCLRoyal Caribbean Group	0.07%	47,430	$6M	added+77%	+0.03 pp	2 q
CCThe Chemours Company	0.06%	102,860	$5M	added+71%	+0.02 pp	5 q
CROXCrocs, Inc.	0.05%	299,347	$4M	added×3.2	+0.04 pp	3 q
unresolvedFinish Line Inc	0.05%	282,707	$4M	new	+0.05 pp	new
PETSPetMed Express, Inc.	0.05%	95,653	$4M	new	+0.05 pp	new
QSRRestaurant Brands International Inc.	0.05%	61,949	$4M	new	+0.05 pp	new
TLRDQTailored Brands Inc	0.05%	194,404	$4M	new	+0.05 pp	new
MIKMichaels Stores, Inc	0.04%	146,978	$4M	trimmed−37%	−0.02 pp	3 q
BDXBecton, Dickinson and Co.	0.03%	10,223	$2M	new	+0.03 pp	new
GNCIQGnc Holdings Inc-cl A	0.03%	676,010	$2M	added×18.6	+0.03 pp	3 q
HTZGQHertz Global Holdings Inc	0.03%	118,000	$3M	new	+0.03 pp	new
unresolvedBarnes & Noble Inc	0.02%	203,723	$1M	added×9.9	+0.02 pp	3 q
CBRLCracker Barrel Old Country Store, Inc,.	0.02%	10,062	$2M	added×3.5	+0.01 pp	2 q
FOSLFossil Group, Inc.	0.02%	213,441	$2M	new	+0.02 pp	new
HDHome Depot, Inc.	0.02%	7,900	$1M	trimmed−85%	−0.09 pp	12 q
PYPLPayPal Holdings, Inc.	0.02%	21,450	$2M	trimmed−87%	−0.12 pp	3 q
SHWThe Sherwin-Williams Company	0.02%	4,745	$2M	trimmed−83%	−0.11 pp	2 q
WINGWingstop Inc	0.02%	46,720	$2M	trimmed−49%	−0.02 pp	3 q
unresolvedZoes Kitchen Inc	0.02%	94,930	$2M	trimmed−27%	0.00 pp	2 q
COLMColumbia Sportswear Co	0.01%	6,399	$460,000	added+81%	+0.01 pp	3 q
IMKTAIngles Markets Inc	0.01%	16,868	$584,000	new	+0.01 pp	new
ZUMZZumiez Inc.	0.01%	47,422	$988,000	added+10%	0.00 pp	2 q
MSTRStrategy Inc Class A	0.00%	717	$94,000	trimmed−97%	−0.05 pp	11 q
NWLNewell Brands Inc.	—	−7,003,992	—	exited	−3.79 pp	—
PFEPfizer Inc.	—	−7,318,410	—	exited	−3.32 pp	—
QCOMQualcomm Inc	—	−4,456,410	—	exited	−2.93 pp	—
FISFidelity National Information Services, Inc.	—	−1,297,276	—	exited	−1.54 pp	—
CMCSAComcast Corp	—	−2,779,604	—	exited	−1.36 pp	—
VMCVulcan Materials Company(Holding Company)	—	−715,917	—	exited	−1.09 pp	—
JACKJack in the Box Inc.	—	−625,564	—	exited	−0.81 pp	—
unresolvedCigna Corporation	—	−111,800	—	exited	−0.27 pp	—
DPZDomino's Pizza Inc.	—	−57,810	—	exited	−0.15 pp	—
WMTWalmart Inc.	—	−133,030	—	exited	−0.13 pp	—
ORLYO'Reilly Automotive, Inc.	—	−44,360	—	exited	−0.12 pp	—
VFCV.F. Corporation	—	−130,300	—	exited	−0.11 pp	—
AZOAutoZone, Inc.	—	−13,060	—	exited	−0.10 pp	—
RLRalph Lauren Corporation	—	−79,860	—	exited	−0.09 pp	—
UAUnder Armour, Inc. Class C, $0.0003 1/3 par value	—	−440,463	—	exited	−0.08 pp	—
HCAHCA Healthcare, Inc.	—	−68,850	—	exited	−0.07 pp	—
KNXKnight-Swift Transportation Holdings Inc. Class A	—	−127,463	—	exited	−0.07 pp	—
ULTAUlta Beauty, Inc.	—	−22,750	—	exited	−0.07 pp	—
XLNXXilinx Inc	—	−73,280	—	exited	−0.07 pp	—
unresolvedCBS Corp	—	−82,400	—	exited	−0.06 pp	—
GAPThe Gap, Inc.	—	−155,390	—	exited	−0.06 pp	—
HOLXHologic Inc	—	−139,580	—	exited	−0.06 pp	—
IDXXIdexx Laboratories Inc	—	−32,420	—	exited	−0.06 pp	—
JNPJuniper Networks Inc	—	−176,250	—	exited	−0.06 pp	—
NTAPNetApp, Inc	—	−114,720	—	exited	−0.06 pp	—
OLLIOllie's Bargain Outlet Holdings, Inc.	—	−109,300	—	exited	−0.06 pp	—
unresolvedParexel Intl Corp	—	−56,180	—	exited	−0.06 pp	—
SBGISinclair, Inc. Class A	—	−149,946	—	exited	−0.06 pp	—
USCRU S Concrete, Inc.	—	−61,550	—	exited	−0.06 pp	—
ANFAbercrombie & Fitch Co.	—	−265,671	—	exited	−0.05 pp	—
BCRCR Bard Inc.	—	−11,210	—	exited	−0.05 pp	—
BIGGQBig Lots Inc	—	−77,997	—	exited	−0.05 pp	—
TXRHTexas Roadhouse, Inc.	—	−75,477	—	exited	−0.05 pp	—
unresolvedBofi Hldg Inc	—	−121,603	—	exited	−0.04 pp	—
BKDBrookdale Senior Living, Inc.	—	−271,810	—	exited	−0.04 pp	—
HDBHDFC Bank Limited	—	−35,830	—	exited	−0.04 pp	—
LPLALPL Financial Holdings Inc.	—	−67,770	—	exited	−0.04 pp	—
MOMOHello Group Inc.	—	−91,860	—	exited	−0.04 pp	—
NTESNetEase, inc.	—	−11,850	—	exited	−0.04 pp	—
PMPhilip Morris International Inc.	—	−30,700	—	exited	−0.04 pp	—
RYAAYRyanair Holdings plc	—	−32,183	—	exited	−0.04 pp	—
SLMSLM Corporation	—	−291,477	—	exited	−0.04 pp	—
SONYSony Group Corporation	—	−85,020	—	exited	−0.04 pp	—
TTCToro Company (The)	—	−56,170	—	exited	−0.04 pp	—
TSCOTractor Supply Co	—	−54,220	—	exited	−0.04 pp	—
TRVThe Travelers Companies, Inc.	—	−28,680	—	exited	−0.04 pp	—
unresolvedBroadcom Ltd	—	−12,790	—	exited	−0.04 pp	—
AALAmerican Airlines Group Inc.	—	−49,360	—	exited	−0.03 pp	—
DALDelta Air Lines, Inc.	—	−46,720	—	exited	−0.03 pp	—
MMacy's Inc.	—	−103,260	—	exited	−0.03 pp	—
unresolvedExpress Inc	—	−221,295	—	exited	−0.02 pp	—
unresolvedSmart & Final Stores Inc	—	−153,815	—	exited	−0.02 pp	—
JCPJ.C. Penney Company, Inc.	—	−220,560	—	exited	−0.01 pp	—
XNCRXencor, Inc.	—	−50,959	—	exited	−0.01 pp	—
SHLDSears Holdings Corp	—	−1,009	—	exited	0.00 pp	—