TIME WARNER INC

CUSIP: 887317303 Class: COM NEW

SCHARF INVESTMENTS, LLC's Holding History (CIK: 0001463746)

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

Q1 2018
Shares 1,898,402 Value ($000) $179,551 Avg Close — Range —
Q4 2017
Shares 2,060,575 Value ($000) $188,481 Avg Close — Range —