Miller Value Partners’s Banco Santander SAN Stock Holding History

Miller Value Partners’s Portfolio SAN Stock Details SAN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-113,180	Closed	-$875K	–	100
2014 Q4	$875K	Sell	113,180 -1	-0%	-$8	0.03%	83
2014 Q3	$977K	Hold	113,181	–	–	0.04%	90
2014 Q2	$1.07M	Buy	113,181 +67,931	+150%	+$623K	0.04%	84
2014 Q1	$394K	Hold	45,250	–	–	0.02%	100
2013 Q4	$373K	Hold	45,250	–	–	0.02%	96
2013 Q3	$336K	Hold	45,250	–	–	0.02%	92
2013 Q2	$266K	Buy	+45,250	New	+$289K	0.02%	93

Other funds holding SAN

Aristotle Capital Management Los Angeles, California $47.7B AUM 13.92% 1-Year Est. Return

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

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Macquarie Group Sydney, NSW 2000, Australia $23.2B AUM 40.19% 1-Year Est. Return

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $1.28T AUM 58.89% 1-Year Est. Return

Norges Bank Oslo, Norway $1T AUM

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Miller Value Partners's SAN Position: Q1 2015 in Review

Miller Value Partners sold out of Banco Santander (SAN) in Q1 2015, closing a stake of 113,180 shares — an estimated $875K sold.

Miller Value Partners first reported a position in SAN in Q2 2013 and held it in 7 quarters. The position peaked at $1.07M in Q2 2014. 278 funds tracked by Wall St. Rank hold SAN as of Q1 2015.

Miller Value Partners reported no remaining Banco Santander position as of Q1 2015 after selling out during the quarter.
Miller Value Partners sold 113,180 Banco Santander shares in Q1 2015, an estimated $875K.
Miller Value Partners first reported a position in Banco Santander in Q2 2013 and held it in 7 quarters.
Miller Value Partners's Banco Santander position peaked at $1.07M in Q2 2014.
278 funds tracked by Wall St. Rank held Banco Santander as of Q1 2015.

Based on Miller Value Partners's 13F filing for Q1 2015, filed 15 May 2015.