Second Curve Capital’s First United FUNC Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-141,882	Closed	-$2.47M	–	22
2017 Q4	$2.47M	Sell	141,882 -87,000	-38%	-$1.5M	0.97%	17
2017 Q3	$3.81M	Sell	228,882 -5,000	-2%	-$76.2K	1.53%	15
2017 Q2	$3.48M	Hold	233,882	–	–	1.25%	18
2017 Q1	$3.39M	Buy	233,882 +100,268	+75%	+$1.44M	1.25%	19
2016 Q4	$2.13M	Hold	133,614	–	–	0.81%	21
2016 Q3	$1.65M	Buy	133,614 +4,000	+3%	+$41.3K	0.95%	16
2016 Q2	$1.27M	Buy	129,614 +1,500	+1%	+$16K	0.99%	14
2016 Q1	$1.4M	Sell	128,114 -153,972	-55%	-$1.59M	0.85%	16
2015 Q4	$3.3M	Hold	282,086	–	–	1.61%	17
2015 Q3	$2.31M	Hold	282,086	–	–	1.04%	18
2015 Q2	$2.44M	Sell	282,086 -4,000	-1%	-$35.1K	0.87%	19
2015 Q1	$2.62M	Hold	286,086	–	–	1.03%	20
2014 Q4	$2.45M	Buy	286,086 +5,000	+2%	+$42.3K	0.99%	19
2014 Q3	$2.23M	Hold	281,086	–	–	0.82%	20
2014 Q2	$2.46M	Hold	281,086	–	–	0.74%	21
2014 Q1	$2.14M	Buy	281,086 +7,671	+3%	+$61.3K	0.5%	23
2013 Q4	$2.1M	Buy	273,415 +58,320	+27%	+$464K	0.44%	25
2013 Q3	$1.77M	Buy	215,095 +37,309	+21%	+$305K	0.4%	24
2013 Q2	$1.35M	Buy	+177,786	New	+$1.42M	0.34%	23

Other funds holding FUNC

M3F Inc Salt Lake City, Utah $422M AUM 42.84% 1-Year Est. Return

GJL

Gendell Jeffrey L $11.3B AUM 163.05% 1-Year Est. Return

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

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

BCM

Basswood Capital Management New York $2.51B AUM 26.71% 1-Year Est. Return

EJF Capital Arlington, Virginia $150M AUM 32.63% 1-Year Est. Return

Pinnacle Holdings Tulsa, Oklahoma $324M AUM 26.47% 1-Year Est. Return

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

BCM

Bridgeway Capital Management Houston, Texas $5.69B AUM 60.64% 1-Year Est. Return

California Public Employees Retirement System Sacramento, California $177B AUM 39.86% 1-Year Est. Return

Second Curve Capital's FUNC Position: Q1 2018 in Review

Second Curve Capital sold out of First United (FUNC) in Q1 2018, closing a stake of 141,882 shares — an estimated $2.47M sold.

Second Curve Capital first reported a position in FUNC in Q2 2013 and held it in 19 quarters. The position peaked at $3.81M in Q3 2017. 29 funds tracked by Wall St. Rank hold FUNC as of Q1 2018.

Second Curve Capital reported no remaining First United position as of Q1 2018 after selling out during the quarter.
Second Curve Capital sold 141,882 First United shares in Q1 2018, an estimated $2.47M.
Second Curve Capital first reported a position in First United in Q2 2013 and held it in 19 quarters.
Second Curve Capital's First United position peaked at $3.81M in Q3 2017.
29 funds tracked by Wall St. Rank held First United as of Q1 2018.

Based on Second Curve Capital's 13F filing for Q1 2018, filed 15 May 2018.