Kestrel Investment Management’s Walker & Dunlop WD Stock Holding History

Kestrel Investment Management’s Portfolio WD Stock Details WD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-132,325	Closed	-$7M	–	47
2018 Q3	$7M	Sell	132,325 -29,300	-18%	-$1.63M	2.84%	14
2018 Q2	$8.99M	Sell	161,625 -5,000	-3%	-$288K	3.29%	11
2018 Q1	$9.9M	Sell	166,625 -6,000	-3%	-$298K	3.73%	7
2017 Q4	$8.2M	Sell	172,625 -5,200	-3%	-$265K	2.86%	17
2017 Q3	$9.31M	Sell	177,825 -1,900	-1%	-$92.6K	3.29%	6
2017 Q2	$8.78M	Sell	179,725 -11,300	-6%	-$527K	3.25%	8
2017 Q1	$7.96M	Sell	191,025 -4,400	-2%	-$162K	2.95%	12
2016 Q4	$6.1M	Sell	195,425 -1,000	-0.5%	-$28K	2.27%	24
2016 Q3	$4.96M	Sell	196,425 -19,300	-9%	-$490K	2.1%	23
2016 Q2	$4.91M	Buy	+215,725	New	+$5.05M	2.03%	25

Other funds holding WD

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

Boston Partners Boston, Massachusetts $95.5B AUM 28.4% 1-Year Est. Return

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

APG Asset Management Amsterdam, Netherlands $31.6B AUM 19.33% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return

Teachers Advisors New York $81.7B AUM 13.62% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

Kestrel Investment Management's WD Position: Q4 2018 in Review

Kestrel Investment Management sold out of Walker & Dunlop (WD) in Q4 2018, closing a stake of 132,325 shares — an estimated $7M sold.

Kestrel Investment Management first reported a position in WD in Q2 2016 and held it in 10 quarters. The position peaked at $9.9M in Q1 2018. 187 funds tracked by Wall St. Rank hold WD as of Q4 2018.

Kestrel Investment Management reported no remaining Walker & Dunlop position as of Q4 2018 after selling out during the quarter.
Kestrel Investment Management sold 132,325 Walker & Dunlop shares in Q4 2018, an estimated $7M.
Kestrel Investment Management first reported a position in Walker & Dunlop in Q2 2016 and held it in 10 quarters.
Kestrel Investment Management's Walker & Dunlop position peaked at $9.9M in Q1 2018.
187 funds tracked by Wall St. Rank held Walker & Dunlop as of Q4 2018.

Based on Kestrel Investment Management's 13F filing for Q4 2018, filed 13 Feb 2019.