Second Curve Capital’s FIRST MARBLEHEAD CORP COM STK NEW (DE) FMD Stock Holding History

Second Curve Capital’s Portfolio FMD Stock Details FMD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q2	–	Sell	-1,158,161	Closed	-$4.4M	–	21
2016 Q1	$4.4M	Buy	1,158,161 +11,000	+1%	+$41.7K	2.65%	12
2015 Q4	$4.83M	Hold	1,147,161	–	–	2.36%	12
2015 Q3	$3.95M	Hold	1,147,161	–	–	1.78%	15
2015 Q2	$6.61M	Sell	1,147,161 -21,000	-2%	-$134K	2.34%	16
2015 Q1	$7.28M	Hold	1,168,161	–	–	2.87%	15
2014 Q4	$6.95M	Buy	1,168,161 +30,000	+3%	+$79.3K	2.82%	15
2014 Q3	$3.23M	Hold	1,138,161	–	–	1.19%	19
2014 Q2	$5.97M	Buy	1,138,161 +15,000	+1%	+$73.8K	1.79%	16
2014 Q1	$6.78M	Buy	1,123,161 +10,000	+0.9%	+$65.8K	1.58%	16
2013 Q4	$8.23M	Buy	1,113,161 +375,567	+51%	+$3.04M	1.71%	14
2013 Q3	$6.05M	Buy	+737,594	New	+$9.13M	1.36%	16

Other funds holding FMD

BIT

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

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

KAM

Kassirer Asset Management Toronto, Ontario, Canada $4.07M AUM 49.71% 1-Year Est. Return

KPF

K2 Principal Fund Toronto, Ontario, Canada $1.36B AUM 25.58% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $495B AUM 43.24% 1-Year Est. Return

PCM

PAR Capital Management Boston, Massachusetts $4.03B AUM 35.05% 1-Year Est. Return

GMT Capital Atlanta, Georgia $1.92B AUM 70.51% 1-Year Est. Return

Renaissance Technologies New York $72.6B AUM 54.88% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Second Curve Capital's FMD Position: Q2 2016 in Review

Second Curve Capital sold out of FIRST MARBLEHEAD CORP COM STK NEW (DE) (FMD) in Q2 2016, closing a stake of 1,158,161 shares — an estimated $4.4M sold.

Second Curve Capital first reported a position in FMD in Q3 2013 and held it in 11 quarters. The position peaked at $8.23M in Q4 2013. 38 funds tracked by Wall St. Rank hold FMD as of Q2 2016.

Second Curve Capital reported no remaining FIRST MARBLEHEAD CORP COM STK NEW (DE) position as of Q2 2016 after selling out during the quarter.
Second Curve Capital sold 1,158,161 FIRST MARBLEHEAD CORP COM STK NEW (DE) shares in Q2 2016, an estimated $4.4M.
Second Curve Capital first reported a position in FIRST MARBLEHEAD CORP COM STK NEW (DE) in Q3 2013 and held it in 11 quarters.
Second Curve Capital's FIRST MARBLEHEAD CORP COM STK NEW (DE) position peaked at $8.23M in Q4 2013.
38 funds tracked by Wall St. Rank held FIRST MARBLEHEAD CORP COM STK NEW (DE) as of Q2 2016.

Based on Second Curve Capital's 13F filing for Q2 2016, filed 5 Aug 2016.