Covalent Partners’s Santander BSBR Stock Holding History

Covalent Partners’s Portfolio BSBR Stock Details BSBR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-4,306,113	Closed	-$23M	–	34
2014 Q1	$23M	Buy	4,306,113 +2,367,499	+122%	+$11.5M	6.75%	3
2013 Q4	$11.3M	Buy	1,938,614 +114,840	+6%	+$723K	3.76%	12
2013 Q3	$12.1M	Buy	1,823,774 +327,294	+22%	+$1.91M	4.22%	10
2013 Q2	$8.92M	Buy	+1,496,480	New	+$10.1M	3.12%	14

Other funds holding BSBR

GAM

Genesis Asset Managers Guernsey, Channel Islands, United Kingdom $3.53B AUM 1.54% 1-Year Est. Return

TBC

Tweedy, Browne Co Stamford, Connecticut $1.26B AUM 33.88% 1-Year Est. Return

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

BIP

Brandes Investment Partners La Jolla, California $14.1B AUM 25.52% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

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

Macquarie Group Sydney, NSW 2000, Australia $16.8B AUM 27.39% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return

Grantham, Mayo, Van Otterloo & Co (GMO) Boston, Massachusetts $39.1B AUM 28.69% 1-Year Est. Return

Covalent Partners's BSBR Position: Q2 2014 in Review

Covalent Partners sold out of Santander (BSBR) in Q2 2014, closing a stake of 4,306,113 shares — an estimated $23M sold.

Covalent Partners first reported a position in BSBR in Q2 2013 and held it in 4 quarters. The position peaked at $23M in Q1 2014. 146 funds tracked by Wall St. Rank hold BSBR as of Q2 2014.

Covalent Partners reported no remaining Santander position as of Q2 2014 after selling out during the quarter.
Covalent Partners sold 4,306,113 Santander shares in Q2 2014, an estimated $23M.
Covalent Partners first reported a position in Santander in Q2 2013 and held it in 4 quarters.
Covalent Partners's Santander position peaked at $23M in Q1 2014.
146 funds tracked by Wall St. Rank held Santander as of Q2 2014.

Based on Covalent Partners's 13F filing for Q2 2014, filed 14 Aug 2014.