Cadence Capital Management’s Sapiens International SPNS Stock Holding History

Cadence Capital Management’s Portfolio SPNS Stock Details SPNS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q2	–	Sell	-76,453	Closed	-$985K	–	693
2017 Q1	$985K	Buy	76,453 +3,194	+4%	+$44.2K	0.07%	363
2016 Q4	$1.05M	Buy	73,259 +1,771	+2%	+$24.9K	0.07%	341
2016 Q3	$913K	Sell	71,488 -502	-0.7%	-$6.57K	0.07%	338
2016 Q2	$843K	Sell	71,990 -1,479	-2%	-$17.8K	0.06%	334
2016 Q1	$880K	Sell	73,469 -16,120	-18%	-$172K	0.06%	330
2015 Q4	$914K	Buy	89,589 +28,300	+46%	+$307K	0.06%	317
2015 Q3	$706K	Sell	61,289 -18,279	-23%	-$208K	0.05%	390
2015 Q2	$826K	Buy	+79,568	New	+$721K	0.05%	458

Other funds holding SPNS

MIFH

Migdal Insurance & Financial Holdings Petach Tikva, Israel $11.5B AUM 52.5% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

DIA

Denver Investment Advisors Denver, Colorado $1.89B AUM 7.9% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Clal Insurance Tel-Aviv, Israel $16.6B AUM 68.34% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

Unterberg Capital New York $77.6M AUM 51.86% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $303B AUM 30.15% 1-Year Est. Return

SFM

Sphera Funds Management Tel Aviv, Israel $630M AUM 108.65% 1-Year Est. Return

Cadence Capital Management's SPNS Position: Q2 2017 in Review

Cadence Capital Management sold out of Sapiens International (SPNS) in Q2 2017, closing a stake of 76,453 shares — an estimated $985K sold.

Cadence Capital Management first reported a position in SPNS in Q2 2015 and held it in 8 quarters. The position peaked at $1.05M in Q4 2016. 51 funds tracked by Wall St. Rank hold SPNS as of Q2 2017.

Cadence Capital Management reported no remaining Sapiens International position as of Q2 2017 after selling out during the quarter.
Cadence Capital Management sold 76,453 Sapiens International shares in Q2 2017, an estimated $985K.
Cadence Capital Management first reported a position in Sapiens International in Q2 2015 and held it in 8 quarters.
Cadence Capital Management's Sapiens International position peaked at $1.05M in Q4 2016.
51 funds tracked by Wall St. Rank held Sapiens International as of Q2 2017.

Based on Cadence Capital Management's 13F filing for Q2 2017, filed 4 Aug 2017.