Herndon Capital Management’s SLM Corp SLM Stock Holding History

Herndon Capital Management’s Portfolio SLM Stock Details SLM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-18,105,626	Closed	-$158M	–	172
2014 Q1	$158M	Buy	18,105,626 +8,091,497	+81%	+$70.6M	2.02%	26
2013 Q4	$94.1M	Sell	10,014,129 -845,592	-8%	-$7.78M	1.19%	39
2013 Q3	$96.6M	Buy	10,859,721 +572,216	+6%	+$4.99M	1.27%	38
2013 Q2	$84.1M	Buy	+10,287,505	New	+$80.3M	1.25%	42

Other funds holding SLM

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $33B AUM 40.62% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $302B AUM 26.44% 1-Year Est. Return

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

BIT

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

D.E. Shaw & Co New York $210B AUM 57.28% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Jennison Associates New York $167B AUM 44.17% 1-Year Est. Return

BFA

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

Herndon Capital Management's SLM Position: Q2 2014 in Review

Herndon Capital Management sold out of SLM Corp (SLM) in Q2 2014, closing a stake of 18,105,626 shares — an estimated $158M sold.

Herndon Capital Management first reported a position in SLM in Q2 2013 and held it in 4 quarters. The position peaked at $158M in Q1 2014. 297 funds tracked by Wall St. Rank hold SLM as of Q2 2014.

Herndon Capital Management reported no remaining SLM Corp position as of Q2 2014 after selling out during the quarter.
Herndon Capital Management sold 18,105,626 SLM Corp shares in Q2 2014, an estimated $158M.
Herndon Capital Management first reported a position in SLM Corp in Q2 2013 and held it in 4 quarters.
Herndon Capital Management's SLM Corp position peaked at $158M in Q1 2014.
297 funds tracked by Wall St. Rank held SLM Corp as of Q2 2014.

Based on Herndon Capital Management's 13F filing for Q2 2014, filed 13 Aug 2014.