Silver Capital Management’s iShares Gold Trust IAU Stock Holding History

Silver Capital Management’s Portfolio IAU Stock Details IAU Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-11,650	Closed	-$238K	–	42
2015 Q4	$238K	Sell	11,650 -500	-4%	-$10.7K	0.87%	28
2015 Q3	$262K	Sell	12,150 -1,250	-9%	-$27.2K	0.69%	32
2015 Q2	$304K	Hold	13,400	–	–	0.56%	37
2015 Q1	$307K	Hold	13,400	–	–	0.38%	38
2014 Q4	$307K	Hold	13,400	–	–	0.33%	39
2014 Q3	$314K	Hold	13,400	–	–	0.32%	40
2014 Q2	$345K	Hold	13,400	–	–	0.33%	37
2014 Q1	$333K	Hold	13,400	–	–	0.3%	39
2013 Q4	$313K	Hold	13,400	–	–	0.28%	39
2013 Q3	$345K	Hold	13,400	–	–	0.3%	44
2013 Q2	$321K	Buy	+13,400	New	+$369K	0.3%	48

Other funds holding IAU

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

WIM

Windhaven Investment Management Boston, Massachusetts $7.79B AUM 7.81% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

CSIA

Charles Schwab Investment Advisory San Francisco, California $72.8B AUM 10.03% 1-Year Est. Return

IVA

International Value Advisers $615M AUM 6.37% 1-Year Est. Return

BlackRock Advisors Wilmington, Delaware $98.8B AUM 15.8% 1-Year Est. Return

BlackRock Group London, United Kingdom $210B AUM 15.5% 1-Year Est. Return

BIT

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

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

RBC

Ronald Blue & Co Roswell, Georgia $3.1B AUM 12.82% 1-Year Est. Return

Silver Capital Management's IAU Position: Q1 2016 in Review

Silver Capital Management sold out of iShares Gold Trust (IAU) in Q1 2016, closing a stake of 11,650 shares — an estimated $238K sold.

Silver Capital Management first reported a position in IAU in Q2 2013 and held it in 11 quarters. The position peaked at $345K in Q2 2014. 399 funds tracked by Wall St. Rank hold IAU as of Q1 2016.

Silver Capital Management reported no remaining iShares Gold Trust position as of Q1 2016 after selling out during the quarter.
Silver Capital Management sold 11,650 iShares Gold Trust shares in Q1 2016, an estimated $238K.
Silver Capital Management first reported a position in iShares Gold Trust in Q2 2013 and held it in 11 quarters.
Silver Capital Management's iShares Gold Trust position peaked at $345K in Q2 2014.
399 funds tracked by Wall St. Rank held iShares Gold Trust as of Q1 2016.

Based on Silver Capital Management's 13F filing for Q1 2016, filed 25 Apr 2016.