Sandler Capital Management’s e.l.f. Beauty ELF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-130,000	Closed	-$3.66M	–	139
2016 Q3	$3.66M	Buy	+130,000	New	+$3.66M	0.45%	57