Hourglass Capital’s Safe Bulkers SB Stock Holding History

Hourglass Capital’s Portfolio SB Stock Details SB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-315,988	Closed	-$256K	–	113
2015 Q4	$256K	Sell	315,988 -713,837	-69%	-$1.5M	0.07%	96
2015 Q3	$2.84M	Hold	1,029,825	–	–	0.62%	56
2015 Q2	$3.32M	Buy	1,029,825 +200,000	+24%	+$696K	0.52%	61
2015 Q1	$2.98M	Buy	829,825 +175,338	+27%	+$633K	0.45%	62
2014 Q4	$2.56M	Sell	654,487 -27,637	-4%	-$139K	0.46%	64
2014 Q3	$4.54M	Buy	682,124 +272,620	+67%	+$2.2M	0.6%	55
2014 Q2	$4M	Buy	409,504 +68,155	+20%	+$593K	0.58%	60
2014 Q1	$3.25M	Buy	+341,349	New	+$3.39M	0.54%	65

Other funds holding SB

KGI

Kopernik Global Investors Tampa, Florida $1.43B AUM 63.57% 1-Year Est. Return

RFC

Russell Frank Company Seattle, Washington $56.9B AUM 2.13% 1-Year Est. Return

BFA

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

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

NGA

New Generation Advisors Manchester, Massachusetts $45.6M AUM 15.43% 1-Year Est. Return

California Public Employees Retirement System Sacramento, California $162B AUM 25.78% 1-Year Est. Return

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

PPA

Parametric Portfolio Associates Seattle, Washington $190B AUM 18.52% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

BIT

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

Hourglass Capital's SB Position: Q1 2016 in Review

Hourglass Capital sold out of Safe Bulkers (SB) in Q1 2016, closing a stake of 315,988 shares — an estimated $256K sold.

Hourglass Capital first reported a position in SB in Q1 2014 and held it in 8 quarters. The position peaked at $4.54M in Q3 2014. 54 funds tracked by Wall St. Rank hold SB as of Q1 2016.

Hourglass Capital reported no remaining Safe Bulkers position as of Q1 2016 after selling out during the quarter.
Hourglass Capital sold 315,988 Safe Bulkers shares in Q1 2016, an estimated $256K.
Hourglass Capital first reported a position in Safe Bulkers in Q1 2014 and held it in 8 quarters.
Hourglass Capital's Safe Bulkers position peaked at $4.54M in Q3 2014.
54 funds tracked by Wall St. Rank held Safe Bulkers as of Q1 2016.

Based on Hourglass Capital's 13F filing for Q1 2016, filed 10 May 2016.