Philadelphia Financial Management of San Francisco’s National Bank Holdings NBHC Stock Holding History

Philadelphia Financial Management of San Francisco’s Portfolio NBHC Stock Details NBHC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-861,977	Closed	-$16.7M	–	38
2014 Q4	$16.7M	Sell	861,977 -42,824	-5%	-$824K	2.93%	8
2014 Q3	$17.3M	Sell	904,801 -42,285	-4%	-$839K	3.2%	9
2014 Q2	$18.9M	Buy	947,086 +45,305	+5%	+$887K	4.97%	8
2014 Q1	$18.1M	Sell	901,781 -269,264	-23%	-$5.43M	4.14%	9
2013 Q4	$25.1M	Buy	1,171,045 +253,165	+28%	+$5.26M	6.25%	2
2013 Q3	$18.9M	Sell	917,880 -157,934	-15%	-$3.17M	5.26%	3
2013 Q2	$21.2M	Buy	+1,075,814	New	+$19.8M	5.88%	4

Other funds holding NBHC

Elliott Management New York $11.8B AUM 20.29% 1-Year Est. Return

DRZID

DePrince Race & Zollo Inc (DRZ) Winter Park, Florida $5.29B AUM 20.14% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

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

FHC

Forest Hill Capital Little Rock, Arkansas $152M AUM 64.38% 1-Year Est. Return

Carlson Capital Dallas, Texas $318M AUM 27.64% 1-Year Est. Return

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

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

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

RFC

Russell Frank Company Seattle, Washington $56.9B AUM 2.13% 1-Year Est. Return

Philadelphia Financial Management of San Francisco's NBHC Position: Q1 2015 in Review

Philadelphia Financial Management of San Francisco sold out of National Bank Holdings (NBHC) in Q1 2015, closing a stake of 861,977 shares — an estimated $16.7M sold.

Philadelphia Financial Management of San Francisco first reported a position in NBHC in Q2 2013 and held it in 7 quarters. The position peaked at $25.1M in Q4 2013. 95 funds tracked by Wall St. Rank hold NBHC as of Q1 2015.

Philadelphia Financial Management of San Francisco reported no remaining National Bank Holdings position as of Q1 2015 after selling out during the quarter.
Philadelphia Financial Management of San Francisco sold 861,977 National Bank Holdings shares in Q1 2015, an estimated $16.7M.
Philadelphia Financial Management of San Francisco first reported a position in National Bank Holdings in Q2 2013 and held it in 7 quarters.
Philadelphia Financial Management of San Francisco's National Bank Holdings position peaked at $25.1M in Q4 2013.
95 funds tracked by Wall St. Rank held National Bank Holdings as of Q1 2015.

Based on Philadelphia Financial Management of San Francisco's 13F filing for Q1 2015, filed 15 May 2015.