Sandler Capital Management’s SAP SAP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-85,000	Closed	-$6.72M	–	135
2015 Q4	$6.72M	Buy	+85,000	New	+$6.72M	0.64%	44