Penn Capital Management’s Blackhawk Network Holdings, Inc. Common Stock HAWK Stock Holding History

Penn Capital Management’s Portfolio HAWK Stock Details HAWK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-301,062	Closed	-$10.8M	–	290
2017 Q4	$10.8M	Buy	301,062 +42,902	+17%	+$1.55M	0.76%	51
2017 Q3	$11.4M	Buy	258,160 +49,488	+24%	+$2.16M	0.83%	46
2017 Q2	$9.21M	Buy	208,672 +189,018	+962%	+$7.9M	0.69%	58
2017 Q1	$799K	Buy	+19,654	New	+$729K	0.05%	221

Other funds holding HAWK

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

PCP

P2 Capital Partners New York $210M AUM 1.23% 1-Year Est. Return

GLAM

Gardner Lewis Asset Management Chadds Ford, Pennsylvania $462M AUM 65.29% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

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

Gabelli Funds Rye, New York $14.8B AUM 32.24% 1-Year Est. Return

WIC

Water Island Capital New York $896M AUM 107.59% 1-Year Est. Return

TAL

TIG Advisors LLC New York $2.16B AUM 72.99% 1-Year Est. Return

AQR Arbitrage Greenwich, Connecticut $6.09B AUM 27.01% 1-Year Est. Return

Penn Capital Management's HAWK Position: Q1 2018 in Review

Penn Capital Management sold out of Blackhawk Network Holdings, Inc. Common Stock (HAWK) in Q1 2018, closing a stake of 301,062 shares — an estimated $10.8M sold.

Penn Capital Management first reported a position in HAWK in Q1 2017 and held it in 4 quarters. The position peaked at $11.4M in Q3 2017. 216 funds tracked by Wall St. Rank hold HAWK as of Q1 2018.

Penn Capital Management reported no remaining Blackhawk Network Holdings, Inc. Common Stock position as of Q1 2018 after selling out during the quarter.
Penn Capital Management sold 301,062 Blackhawk Network Holdings, Inc. Common Stock shares in Q1 2018, an estimated $10.8M.
Penn Capital Management first reported a position in Blackhawk Network Holdings, Inc. Common Stock in Q1 2017 and held it in 4 quarters.
Penn Capital Management's Blackhawk Network Holdings, Inc. Common Stock position peaked at $11.4M in Q3 2017.
216 funds tracked by Wall St. Rank held Blackhawk Network Holdings, Inc. Common Stock as of Q1 2018.

Based on Penn Capital Management's 13F filing for Q1 2018, filed 11 May 2018.