Sandy Spring Bank’s VelocityShares 3x Long Crude Oil ETN linked to the S&P GSCI Crude Oil Index ER due February 9, UWTI Stock Holding History

Sandy Spring Bank’s Portfolio UWTI Stock Details UWTI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-500	Closed	-$12K	–	898
2016 Q3	$12K	Hold	500	–	–	﹤0.01%	619
2016 Q2	$16K	Hold	500	–	–	﹤0.01%	589
2016 Q1	$11K	Buy	500 +400	+400%	+$8.53K	﹤0.01%	661
2015 Q4	$4K	Hold	100	–	–	﹤0.01%	817
2015 Q3	$11K	Buy	+100	New	+$14.2K	﹤0.01%	640

Other funds holding UWTI

FTUS

Flow Traders U.S. New York $3.16B AUM 19.52% 1-Year Est. Return

FMP

Financial Management Professionals Austin, Texas $1.05B AUM 21.07% 1-Year Est. Return

Sandy Spring Bank's UWTI Position: Q4 2016 in Review

Sandy Spring Bank sold out of VelocityShares 3x Long Crude Oil ETN linked to the S&P GSCI Crude Oil Index ER due February 9, (UWTI) in Q4 2016, closing a stake of 500 shares — an estimated $12K sold.

Sandy Spring Bank first reported a position in UWTI in Q3 2015 and held it in 5 quarters. The position peaked at $16K in Q2 2016. 5 funds tracked by Wall St. Rank hold UWTI as of Q4 2016.

Sandy Spring Bank reported no remaining VelocityShares 3x Long Crude Oil ETN linked to the S&P GSCI Crude Oil Index ER due February 9, position as of Q4 2016 after selling out during the quarter.
Sandy Spring Bank sold 500 VelocityShares 3x Long Crude Oil ETN linked to the S&P GSCI Crude Oil Index ER due February 9, shares in Q4 2016, an estimated $12K.
Sandy Spring Bank first reported a position in VelocityShares 3x Long Crude Oil ETN linked to the S&P GSCI Crude Oil Index ER due February 9, in Q3 2015 and held it in 5 quarters.
Sandy Spring Bank's VelocityShares 3x Long Crude Oil ETN linked to the S&P GSCI Crude Oil Index ER due February 9, position peaked at $16K in Q2 2016.
5 funds tracked by Wall St. Rank held VelocityShares 3x Long Crude Oil ETN linked to the S&P GSCI Crude Oil Index ER due February 9, as of Q4 2016.

Based on Sandy Spring Bank's 13F filing for Q4 2016, filed 6 Feb 2017.