Sandler Capital Management’s M&T Bank MTB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-78,600	Closed	-$9.15M	–	183
2013 Q4	$9.15M	Buy	78,600 +100	+0.1%	+$11.6K	0.3%	85
2013 Q3	$8.79M	Buy	78,500 +8,500	+12%	+$951K	0.28%	81
2013 Q2	$7.82M	Buy	+70,000	New	+$7.82M	0.29%	90