Sandler Capital Management’s Sonic Corp SONC Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-276,790	Closed	-$7.34M	–	234
2016 Q4	$7.34M	Buy	+276,790	New	+$7.21M	0.66%	65
2016 Q1	–	Sell	-367,000	Closed	-$11.9M	–	181
2015 Q4	$11.9M	Buy	367,000 +263,559	+255%	+$7.51M	1.13%	27
2015 Q3	$2.37M	Sell	103,441 -159,259	-61%	-$4.41M	0.28%	94
2015 Q2	$7.57M	Buy	262,700 +172,980	+193%	+$5.31M	0.67%	52
2015 Q1	$2.84M	Sell	89,720 -437,980	-83%	-$13.9M	0.18%	165
2014 Q4	$14.4M	Buy	+527,700	New	+$13.4M	0.76%	41

Other funds holding SONC

SAM

Southeastern Asset Management Memphis, Tennessee $2.03B AUM 7.06% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

VFA

Virtus Fund Advisers Hartford, Connecticut $32.1M AUM 39.5% 1-Year Est. Return

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

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

Macquarie Group Sydney, NSW 2000, Australia $16.8B AUM 27.39% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

RIM

Ranger Investment Management Dallas, Texas $1.38B AUM 24.55% 1-Year Est. Return

Sandler Capital Management's SONC Position: Q1 2017 in Review

Sandler Capital Management sold out of Sonic Corp (SONC) in Q1 2017, closing a stake of 276,790 shares — an estimated $7.34M sold.

Sandler Capital Management first reported a position in SONC in Q4 2014 and held it in 6 quarters. The position peaked at $14.4M in Q4 2014. 173 funds tracked by Wall St. Rank hold SONC as of Q1 2017.

Sandler Capital Management reported no remaining Sonic Corp position as of Q1 2017 after selling out during the quarter.
Sandler Capital Management sold 276,790 Sonic Corp shares in Q1 2017, an estimated $7.34M.
Sandler Capital Management first reported a position in Sonic Corp in Q4 2014 and held it in 6 quarters.
Sandler Capital Management's Sonic Corp position peaked at $14.4M in Q4 2014.
173 funds tracked by Wall St. Rank held Sonic Corp as of Q1 2017.

Based on Sandler Capital Management's 13F filing for Q1 2017, filed 15 May 2017.