Callahan Advisors’s DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN SBND Stock Holding History

Callahan Advisors’s Portfolio SBND Stock Details SBND Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-15,200	Closed	-$45K	–	125
2016 Q2	$45K	Hold	15,200	–	–	0.01%	113
2016 Q1	$59K	Sell	15,200 -2,500	-14%	-$10K	0.02%	112
2015 Q4	$85K	Hold	17,700	–	–	0.02%	113
2015 Q3	$82K	Hold	17,700	–	–	0.03%	111
2015 Q2	$97K	Hold	17,700	–	–	0.03%	110
2015 Q1	$76K	Buy	17,700 +2,000	+13%	+$8.72K	0.02%	113
2014 Q4	$79K	Hold	15,700	–	–	0.02%	118
2014 Q3	$103K	Buy	15,700 +4,900	+45%	+$33.5K	0.03%	121
2014 Q2	$78K	Hold	10,800	–	–	0.02%	120
2014 Q1	$90K	Hold	10,800	–	–	0.03%	111
2013 Q4	$114K	Buy	+10,800	New	+$107K	0.04%	110

Callahan Advisors's SBND Position: Q3 2016 in Review

Callahan Advisors sold out of DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN (SBND) in Q3 2016, closing a stake of 15,200 shares — an estimated $45K sold.

Callahan Advisors first reported a position in SBND in Q4 2013 and held it in 11 quarters. The position peaked at $114K in Q4 2013. 0 funds tracked by Wall St. Rank hold SBND as of Q3 2016.

Callahan Advisors reported no remaining DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN position as of Q3 2016 after selling out during the quarter.
Callahan Advisors sold 15,200 DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN shares in Q3 2016, an estimated $45K.
Callahan Advisors first reported a position in DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN in Q4 2013 and held it in 11 quarters.
Callahan Advisors's DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN position peaked at $114K in Q4 2013.
0 funds tracked by Wall St. Rank held DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN as of Q3 2016.

Based on Callahan Advisors's 13F filing for Q3 2016, filed 14 Oct 2016.