Cadian Capital Management’s Sonic Corp SONC Stock Holding History

Cadian Capital Management’s Portfolio SONC Stock Details SONC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-454,664	Closed	-$14.7M	–	108
2015 Q4	$14.7M	Buy	+454,664	New	+$13M	0.53%	46
2015 Q2	–	Sell	-255,998	Closed	-$7.86M	–	108
2015 Q1	$8.12M	Sell	255,998 -29,502	-10%	-$937K	0.22%	58
2014 Q4	$7.77M	Sell	285,500 -282,774	-50%	-$7.17M	0.2%	75
2014 Q3	$12.7M	Buy	568,274 +79,358	+16%	+$1.72M	0.33%	46
2014 Q2	$10.8M	Buy	488,916 +123,246	+34%	+$2.6M	0.32%	56
2014 Q1	$8.33M	Buy	365,670 +40,098	+12%	+$797K	0.21%	61
2013 Q4	$6.57M	Sell	325,572 -572,659	-64%	-$11.1M	0.17%	66
2013 Q3	$15.9M	Buy	+898,231	New	+$14.7M	0.47%	48

Other funds holding SONC

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

CIC

Chilton Investment Company Stamford, Connecticut $4.26B AUM 1.32% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

RIM

RS Investment Management San Francisco, California $9.73B AUM 3.24% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

RIM

Ranger Investment Management Dallas, Texas $1.38B AUM 24.55% 1-Year Est. Return

Cadian Capital Management's SONC Position: Q1 2016 in Review

Cadian Capital Management sold out of Sonic Corp (SONC) in Q1 2016, closing a stake of 454,664 shares — an estimated $14.7M sold.

Cadian Capital Management first reported a position in SONC in Q3 2013 and held it in 8 quarters. The position peaked at $15.9M in Q3 2013. 208 funds tracked by Wall St. Rank hold SONC as of Q1 2016.

Cadian Capital Management reported no remaining Sonic Corp position as of Q1 2016 after selling out during the quarter.
Cadian Capital Management sold 454,664 Sonic Corp shares in Q1 2016, an estimated $14.7M.
Cadian Capital Management first reported a position in Sonic Corp in Q3 2013 and held it in 8 quarters.
Cadian Capital Management's Sonic Corp position peaked at $15.9M in Q3 2013.
208 funds tracked by Wall St. Rank held Sonic Corp as of Q1 2016.

Based on Cadian Capital Management's 13F filing for Q1 2016, filed 13 May 2016.