Sandler Capital Management’s State Street SPDR S&P Bank ETF KBE Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q3	–	Sell	-72,150	Closed	-$2.28M	–	89
2020 Q2	$2.28M	Buy	+72,150	New	+$2.18M	0.22%	71
2017 Q4	–	Sell	-167,000	Closed	-$7.53M	–	138
2017 Q3	$7.53M	Buy	+167,000	New	+$7.16M	0.94%	44
2017 Q1	–	Sell	-329,100	Closed	-$14.5M	–	199
2016 Q4	$14.3M	Buy	+329,100	New	+$12.7M	1.28%	18

Other funds holding KBE

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

EJF Capital Arlington, Virginia $142M AUM 23.3% 1-Year Est. Return

MTWSIF

Mivtachim The Workers Social Insurance Fund Tel Aviv, Israel $789M AUM 73.25% 1-Year Est. Return

Barclays London, United Kingdom $416B AUM 33.63% 1-Year Est. Return

PCIG

Partners Capital Investment Group Boston, Massachusetts $2.65B AUM 16.42% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

Sandler Capital Management's KBE Position: Q3 2020 in Review

Sandler Capital Management sold out of State Street SPDR S&P Bank ETF (KBE) in Q3 2020, closing a stake of 72,150 shares — an estimated $2.28M sold.

Sandler Capital Management first reported a position in KBE in Q4 2016 and held it in 3 quarters. The position peaked at $14.3M in Q4 2016. 163 funds tracked by Wall St. Rank hold KBE as of Q3 2020.

Sandler Capital Management reported no remaining State Street SPDR S&P Bank ETF position as of Q3 2020 after selling out during the quarter.
Sandler Capital Management sold 72,150 State Street SPDR S&P Bank ETF shares in Q3 2020, an estimated $2.28M.
Sandler Capital Management first reported a position in State Street SPDR S&P Bank ETF in Q4 2016 and held it in 3 quarters.
Sandler Capital Management's State Street SPDR S&P Bank ETF position peaked at $14.3M in Q4 2016.
163 funds tracked by Wall St. Rank held State Street SPDR S&P Bank ETF as of Q3 2020.

Based on Sandler Capital Management's 13F filing for Q3 2020, filed 16 Nov 2020.