Cipher Capital’s MBIA MBI Stock Holding History

Cipher Capital’s Portfolio MBI Stock Details MBI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-33,371	Closed	-$291K	–	641
2017 Q3	$291K	Buy	+33,371	New	+$335K	0.02%	536
2016 Q3	–	Sell	-13,314	Closed	-$91K	–	711
2016 Q2	$91K	Buy	+13,314	New	+$98.9K	0.01%	681
2015 Q3	–	Sell	-47,856	Closed	-$287K	–	589
2015 Q2	$287K	Buy	+47,856	New	+$432K	0.04%	416
2014 Q3	–	Sell	-16,418	Closed	-$181K	–	459
2014 Q2	$181K	Buy	+16,418	New	+$202K	0.06%	379

Other funds holding MBI

FCP

Fine Capital Partners New York $563M AUM 7.48% 1-Year Est. Return

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

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

LCOV

London Company of Virginia Richmond, Virginia $16.2B AUM 17.5% 1-Year Est. Return

OppenheimerFunds New York $80.4B AUM 15.1% 1-Year Est. Return

Hosking Partners London, United Kingdom $2.79B AUM 58.33% 1-Year Est. Return

KBG

Kahn Brothers Group New York $564M AUM 25.3% 1-Year Est. Return

Royce & Associates New York $10.1B AUM 42.88% 1-Year Est. Return

Nordea Investment Management Stockholm, Sweden $107B AUM 24.58% 1-Year Est. Return

Cipher Capital's MBI Position: Q4 2017 in Review

Cipher Capital sold out of MBIA (MBI) in Q4 2017, closing a stake of 33,371 shares — an estimated $291K sold.

Cipher Capital first reported a position in MBI in Q2 2014 and held it in 4 quarters. The position peaked at $291K in Q3 2017. 166 funds tracked by Wall St. Rank hold MBI as of Q4 2017.

Cipher Capital reported no remaining MBIA position as of Q4 2017 after selling out during the quarter.
Cipher Capital sold 33,371 MBIA shares in Q4 2017, an estimated $291K.
Cipher Capital first reported a position in MBIA in Q2 2014 and held it in 4 quarters.
Cipher Capital's MBIA position peaked at $291K in Q3 2017.
166 funds tracked by Wall St. Rank held MBIA as of Q4 2017.

Based on Cipher Capital's 13F filing for Q4 2017, filed 12 Feb 2018.