Second Curve Capital’s Live Oak Bancshares LOB Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-41,200	Closed	-$1.1M	–	17
2018 Q3	$1.1M	Sell	41,200 -5,000	-11%	-$150K	0.48%	18
2018 Q2	$1.42M	Sell	46,200 -8,800	-16%	-$258K	0.54%	18
2018 Q1	$1.53M	Hold	55,000	–	–	0.59%	17
2017 Q4	$1.31M	Hold	55,000	–	–	0.52%	19
2017 Q3	$1.29M	Buy	55,000 +35,000	+175%	+$818K	0.52%	19
2017 Q2	$484K	Sell	20,000 -10,000	-33%	-$239K	0.17%	21
2017 Q1	$649K	Buy	+30,000	New	+$636K	0.24%	21

Other funds holding LOB

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

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

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

MCA

Mendon Capital Advisors Key Largo, Florida $258M AUM 21.23% 1-Year Est. Return

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

CRC

Curi RMB Capital Chicago, Illinois $5.62B AUM 18.93% 1-Year Est. Return

EMFAT

Emerald Mutual Fund Advisers Trust Leola, Pennsylvania $2.06B AUM 106.87% 1-Year Est. Return

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

Emerald Advisers Leola, Pennsylvania $3.16B AUM 109.58% 1-Year Est. Return

CAM

Cortina Asset Management Milwaukee, Wisconsin $1.62B AUM 15.44% 1-Year Est. Return

Second Curve Capital's LOB Position: Q4 2018 in Review

Second Curve Capital sold out of Live Oak Bancshares (LOB) in Q4 2018, closing a stake of 41,200 shares — an estimated $1.1M sold.

Second Curve Capital first reported a position in LOB in Q1 2017 and held it in 7 quarters. The position peaked at $1.53M in Q1 2018. 111 funds tracked by Wall St. Rank hold LOB as of Q4 2018.

Second Curve Capital reported no remaining Live Oak Bancshares position as of Q4 2018 after selling out during the quarter.
Second Curve Capital sold 41,200 Live Oak Bancshares shares in Q4 2018, an estimated $1.1M.
Second Curve Capital first reported a position in Live Oak Bancshares in Q1 2017 and held it in 7 quarters.
Second Curve Capital's Live Oak Bancshares position peaked at $1.53M in Q1 2018.
111 funds tracked by Wall St. Rank held Live Oak Bancshares as of Q4 2018.

Based on Second Curve Capital's 13F filing for Q4 2018, filed 14 Feb 2019.