Sandler Capital Management’s iPath US Treasury 10-year Bear ETN DTYS Stock Holding History

Sandler Capital Management’s Portfolio DTYS Stock Details DTYS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-16,365	Closed	-$432K	–	280
2014 Q3	$432K	Buy	16,365 +5,365	+49%	+$141K	0.02%	176
2014 Q2	$293K	Hold	11,000	–	–	0.01%	184
2014 Q1	$329K	Hold	11,000	–	–	0.01%	169
2013 Q4	$362K	Buy	+11,000	New	+$332K	0.01%	169

Other funds holding DTYS

LTFS

Ladenburg Thalmann Financial Services Miami, Florida $15.9B AUM 25.16% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

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

FolioMetrix Omaha, Nebraska $239M AUM

NES

New England Securities New York $285M AUM 7.18% 1-Year Est. Return

AssetMark Inc Concord, California $58.2B AUM 22.78% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

WFG Advisors Dallas, Texas $442M AUM 12.46% 1-Year Est. Return

Sandler Capital Management's DTYS Position: Q4 2014 in Review

Sandler Capital Management sold out of iPath US Treasury 10-year Bear ETN (DTYS) in Q4 2014, closing a stake of 16,365 shares — an estimated $432K sold.

Sandler Capital Management first reported a position in DTYS in Q4 2013 and held it in 4 quarters. The position peaked at $432K in Q3 2014. 10 funds tracked by Wall St. Rank hold DTYS as of Q4 2014.

Sandler Capital Management reported no remaining iPath US Treasury 10-year Bear ETN position as of Q4 2014 after selling out during the quarter.
Sandler Capital Management sold 16,365 iPath US Treasury 10-year Bear ETN shares in Q4 2014, an estimated $432K.
Sandler Capital Management first reported a position in iPath US Treasury 10-year Bear ETN in Q4 2013 and held it in 4 quarters.
Sandler Capital Management's iPath US Treasury 10-year Bear ETN position peaked at $432K in Q3 2014.
10 funds tracked by Wall St. Rank held iPath US Treasury 10-year Bear ETN as of Q4 2014.

Based on Sandler Capital Management's 13F filing for Q4 2014, filed 17 Feb 2015.