First Quadrant’s Sapiens International SPNS Stock Holding History

First Quadrant’s Portfolio SPNS Stock Details SPNS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q2	–	Sell	-22,587	Closed	-$291K	–	931
2017 Q1	$291K	Sell	22,587 -1,859	-8%	-$25.7K	0.01%	603
2016 Q4	$351K	Buy	+24,446	New	+$343K	0.01%	580
2016 Q3	–	Sell	-1,600	Closed	-$19K	–	910
2016 Q2	$19K	Buy	+1,600	New	+$19.2K	﹤0.01%	749

Other funds holding SPNS

MIFH

Migdal Insurance & Financial Holdings Petach Tikva, Israel $11.5B AUM 52.5% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

DIA

Denver Investment Advisors Denver, Colorado $1.89B AUM 7.9% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Clal Insurance Tel-Aviv, Israel $16.6B AUM 68.34% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

Unterberg Capital New York $77.6M AUM 51.86% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $303B AUM 30.15% 1-Year Est. Return

SFM

Sphera Funds Management Tel Aviv, Israel $630M AUM 108.65% 1-Year Est. Return

First Quadrant's SPNS Position: Q2 2017 in Review

First Quadrant sold out of Sapiens International (SPNS) in Q2 2017, closing a stake of 22,587 shares — an estimated $291K sold.

First Quadrant first reported a position in SPNS in Q2 2016 and held it in 3 quarters. The position peaked at $351K in Q4 2016. 51 funds tracked by Wall St. Rank hold SPNS as of Q2 2017.

First Quadrant reported no remaining Sapiens International position as of Q2 2017 after selling out during the quarter.
First Quadrant sold 22,587 Sapiens International shares in Q2 2017, an estimated $291K.
First Quadrant first reported a position in Sapiens International in Q2 2016 and held it in 3 quarters.
First Quadrant's Sapiens International position peaked at $351K in Q4 2016.
51 funds tracked by Wall St. Rank held Sapiens International as of Q2 2017.

Based on First Quadrant's 13F filing for Q2 2017, filed 19 Jul 2017.