Sandler Capital Management’s Lithia Motors LAD Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-17,018	Closed	-$1.84M	–	166
2015 Q3	$1.84M	Buy	+17,018	New	+$1.91M	0.21%	103
2014 Q3	–	Sell	-90,800	Closed	-$8.54M	–	209
2014 Q2	$8.54M	Buy	+90,800	New	+$6.94M	0.36%	113
2013 Q3	–	Sell	-196,553	Closed	-$10.5M	–	195
2013 Q2	$10.5M	Buy	+196,553	New	+$9.87M	0.39%	109

Other funds holding LAD

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

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

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

Neuberger Berman Group New York $131B AUM 28.36% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

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

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

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

RIM

RS Investment Management San Francisco, California $9.73B AUM 3.24% 1-Year Est. Return

Sandler Capital Management's LAD Position: Q4 2015 in Review

Sandler Capital Management sold out of Lithia Motors (LAD) in Q4 2015, closing a stake of 17,018 shares — an estimated $1.84M sold.

Sandler Capital Management first reported a position in LAD in Q2 2013 and held it in 3 quarters. The position peaked at $10.5M in Q2 2013. 261 funds tracked by Wall St. Rank hold LAD as of Q4 2015.

Sandler Capital Management reported no remaining Lithia Motors position as of Q4 2015 after selling out during the quarter.
Sandler Capital Management sold 17,018 Lithia Motors shares in Q4 2015, an estimated $1.84M.
Sandler Capital Management first reported a position in Lithia Motors in Q2 2013 and held it in 3 quarters.
Sandler Capital Management's Lithia Motors position peaked at $10.5M in Q2 2013.
261 funds tracked by Wall St. Rank held Lithia Motors as of Q4 2015.

Based on Sandler Capital Management's 13F filing for Q4 2015, filed 16 Feb 2016.