Northpointe Capital’s Liberty Tax, Inc. Class A TAX Stock Holding History

Northpointe Capital’s Portfolio TAX Stock Details TAX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-42,225	Closed	-$1.18M	–	256
2015 Q1	$1.18M	Sell	42,225 -13,460	-24%	-$439K	0.13%	203
2014 Q4	$1.99M	Sell	55,685 -13,545	-20%	-$492K	0.24%	144
2014 Q3	$2.24M	Buy	+69,230	New	+$2.36M	0.24%	127
2014 Q2	–	Sell	-128,725	Closed	-$3.57M	–	272
2014 Q1	$3.57M	Buy	128,725 +8,725	+7%	+$226K	0.36%	75
2013 Q4	$2.91M	Buy	+120,000	New	+$2.58M	0.26%	92

Other funds holding TAX

Royce & Associates New York $10.1B AUM 42.88% 1-Year Est. Return

NTCM

Nine Ten Capital Management Chicago, Illinois $315M AUM 62.95% 1-Year Est. Return

Pembroke Management Montreal, Quebec, Canada $691M AUM 27.96% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

RRAM

River Road Asset Management Louisville, Kentucky $8.99B AUM 12.83% 1-Year Est. Return

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

BFA

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

PCM

Perritt Capital Management Chicago, Illinois $59.8M AUM 26.94% 1-Year Est. Return

Skylands Capital Milwaukee, Wisconsin $763M AUM 26.49% 1-Year Est. Return

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

Northpointe Capital's TAX Position: Q2 2015 in Review

Northpointe Capital sold out of Liberty Tax, Inc. Class A (TAX) in Q2 2015, closing a stake of 42,225 shares — an estimated $1.18M sold.

Northpointe Capital first reported a position in TAX in Q4 2013 and held it in 5 quarters. The position peaked at $3.57M in Q1 2014. 60 funds tracked by Wall St. Rank hold TAX as of Q2 2015.

Northpointe Capital reported no remaining Liberty Tax, Inc. Class A position as of Q2 2015 after selling out during the quarter.
Northpointe Capital sold 42,225 Liberty Tax, Inc. Class A shares in Q2 2015, an estimated $1.18M.
Northpointe Capital first reported a position in Liberty Tax, Inc. Class A in Q4 2013 and held it in 5 quarters.
Northpointe Capital's Liberty Tax, Inc. Class A position peaked at $3.57M in Q1 2014.
60 funds tracked by Wall St. Rank held Liberty Tax, Inc. Class A as of Q2 2015.

Based on Northpointe Capital's 13F filing for Q2 2015, filed 30 Jul 2015.