Selz Capital’s State National Companies, Inc. SNC Stock Holding History

Selz Capital’s Portfolio SNC Stock Details SNC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-200,000	Closed	-$1.87M	–	50
2015 Q3	$1.87M	Hold	200,000	–	–	0.52%	36
2015 Q2	$2.17M	Hold	200,000	–	–	0.39%	40
2015 Q1	$1.99M	Buy	+200,000	New	+$2M	0.34%	42

Other funds holding SNC

Centerbridge Partners New York $61.1M AUM 3.67% 1-Year Est. Return

FIG

Fortress Investment Group New York $394M AUM 22.99% 1-Year Est. Return

KCM

Kensico Capital Management Greenwich, Connecticut $4.9B AUM 41.26% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return

Mangrove Partners Greenwich, Connecticut $1.24B AUM 41.74% 1-Year Est. Return

Nokomis Capital Dallas, Texas $349M AUM 75.66% 1-Year Est. Return

BHR Capital New York $48.6M AUM 3.78% 1-Year Est. Return

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

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

FCM

FJ Capital Management Mclean, Virginia $888M AUM 18.97% 1-Year Est. Return

Selz Capital's SNC Position: Q4 2015 in Review

Selz Capital sold out of State National Companies, Inc. (SNC) in Q4 2015, closing a stake of 200,000 shares — an estimated $1.87M sold.

Selz Capital first reported a position in SNC in Q1 2015 and held it in 3 quarters. The position peaked at $2.17M in Q2 2015. 65 funds tracked by Wall St. Rank hold SNC as of Q4 2015.

Selz Capital reported no remaining State National Companies, Inc. position as of Q4 2015 after selling out during the quarter.
Selz Capital sold 200,000 State National Companies, Inc. shares in Q4 2015, an estimated $1.87M.
Selz Capital first reported a position in State National Companies, Inc. in Q1 2015 and held it in 3 quarters.
Selz Capital's State National Companies, Inc. position peaked at $2.17M in Q2 2015.
65 funds tracked by Wall St. Rank held State National Companies, Inc. as of Q4 2015.

Based on Selz Capital's 13F filing for Q4 2015, filed 14 Jan 2016.