Penn Capital Management’s TriState Capital Holdings, Inc. TSC Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-331,819	Closed	-$4.14M	–	286
2015 Q3	$4.14M	Sell	331,819 -219,602	-40%	-$2.78M	0.22%	166
2015 Q2	$7.13M	Buy	551,421 +86,348	+19%	+$1.04M	0.29%	133
2015 Q1	$4.87M	Buy	465,073 +28,044	+6%	+$280K	0.19%	170
2014 Q4	$4.47M	Buy	437,029 +57,432	+15%	+$569K	0.19%	167
2014 Q3	$3.44M	Sell	379,597 -300	-0.1%	-$3.15K	0.14%	181
2014 Q2	$5.37M	Buy	379,897 +57,060	+18%	+$779K	0.21%	145
2014 Q1	$4.59M	Sell	322,837 -61,740	-16%	-$842K	0.17%	156
2013 Q4	$4.56M	Sell	384,577 -47,368	-11%	-$583K	0.16%	159
2013 Q3	$5.57M	Buy	431,945 +11,368	+3%	+$149K	0.23%	152
2013 Q2	$5.78M	Buy	+420,577	New	+$5.59M	0.24%	152

Other funds holding TSC

BFC

Banc Funds Company Chicago, Illinois $537M AUM 17.34% 1-Year Est. Return

SCC

Second Curve Capital Radnor, Pennsylvania $93.1M AUM 66.93% 1-Year Est. Return

Heartland Advisors Milwaukee, Wisconsin $1.96B AUM 28.26% 1-Year Est. Return

FSI Group Cincinnati, Ohio $64K AUM 14.13% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $303B AUM 30.15% 1-Year Est. Return

BlackRock Advisors Wilmington, Delaware $98.8B AUM 15.8% 1-Year Est. Return

BGIM

Brandywine Global Investment Management Philadelphia, Pennsylvania $14.9B AUM 20.41% 1-Year Est. Return

EPCA

Elizabeth Park Capital Advisors Pepper Pike, Ohio $130M AUM 23.02% 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

Penn Capital Management's TSC Position: Q4 2015 in Review

Penn Capital Management sold out of TriState Capital Holdings, Inc. (TSC) in Q4 2015, closing a stake of 331,819 shares — an estimated $4.14M sold.

Penn Capital Management first reported a position in TSC in Q2 2013 and held it in 10 quarters. The position peaked at $7.13M in Q2 2015. 96 funds tracked by Wall St. Rank hold TSC as of Q4 2015.

Penn Capital Management reported no remaining TriState Capital Holdings, Inc. position as of Q4 2015 after selling out during the quarter.
Penn Capital Management sold 331,819 TriState Capital Holdings, Inc. shares in Q4 2015, an estimated $4.14M.
Penn Capital Management first reported a position in TriState Capital Holdings, Inc. in Q2 2013 and held it in 10 quarters.
Penn Capital Management's TriState Capital Holdings, Inc. position peaked at $7.13M in Q2 2015.
96 funds tracked by Wall St. Rank held TriState Capital Holdings, Inc. as of Q4 2015.

Based on Penn Capital Management's 13F filing for Q4 2015, filed 3 Feb 2016.