LEVEL 3 COMMUNICATIONS INC

CUSIP: 52729N308 Class: COM NEW

Carmignac Gestion's Holding History (CIK: 0001569758)

Note: Option positions (PUT/CALL) are excluded.

Q3 2016
Shares 7,627,411 Value ($000) $353,759 Avg Close — Range —
Q2 2016
Shares 7,422,726 Value ($000) $382,196 Avg Close — Range —
Q1 2016
Shares 6,452,937 Value ($000) $341,038 Avg Close — Range —
Q4 2015
Shares 6,424,937 Value ($000) $349,260 Avg Close — Range —
Q3 2015
Shares 6,180,166 Value ($000) $270,011 Avg Close — Range —
Q2 2015
Shares 4,909,297 Value ($000) $258,573 Avg Close — Range —
Q1 2015
Shares 4,892,297 Value ($000) $263,401 Avg Close — Range —