Espalier Global Management’s Twitter, Inc. TWTR Stock Holding History

Espalier Global Management’s Portfolio TWTR Stock Details TWTR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-50,000	Closed	-$1.15M	–	55
2016 Q3	$1.15M	Sell	50,000 -22,145	-31%	-$417K	0.37%	51
2016 Q2	$1.22M	Buy	+72,145	New	+$1.13M	1.35%	26
2015 Q2	–	Sell	-285,000	Closed	-$14.3M	–	107
2015 Q1	$14.3M	Buy	+285,000	New	+$12.6M	1.45%	7
2014 Q4	–	Sell	-150,000	Closed	-$7.74M	–	133
2014 Q3	$7.74M	Sell	150,000 -325,000	-68%	-$14.7M	0.41%	59
2014 Q2	$19.5M	Buy	+475,000	New	+$18M	1.51%	16
2014 Q1	–	Sell	-32,600	Closed	-$2.08M	–	143
2013 Q4	$2.08M	Buy	+32,600	New	+$1.62M	0.2%	88

Other funds holding TWTR

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

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

ClearBridge Investments New York $115B AUM 24.78% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

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

BFA

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

Allianz Asset Management Munich, Germany $95.4B AUM 38.74% 1-Year Est. Return

HCMT

Highland Capital Management (Texas) Dallas, Texas $39M AUM

Espalier Global Management's TWTR Position: Q4 2016 in Review

Espalier Global Management sold out of Twitter, Inc. (TWTR) in Q4 2016, closing a stake of 50,000 shares — an estimated $1.15M sold.

Espalier Global Management first reported a position in TWTR in Q4 2013 and held it in 6 quarters. The position peaked at $19.5M in Q2 2014. 502 funds tracked by Wall St. Rank hold TWTR as of Q4 2016.

Espalier Global Management reported no remaining Twitter, Inc. position as of Q4 2016 after selling out during the quarter.
Espalier Global Management sold 50,000 Twitter, Inc. shares in Q4 2016, an estimated $1.15M.
Espalier Global Management first reported a position in Twitter, Inc. in Q4 2013 and held it in 6 quarters.
Espalier Global Management's Twitter, Inc. position peaked at $19.5M in Q2 2014.
502 funds tracked by Wall St. Rank held Twitter, Inc. as of Q4 2016.

Based on Espalier Global Management's 13F filing for Q4 2016.