SQN Investors’s MODEL N, INC. MODN Stock Holding History

SQN Investors’s Portfolio MODN Stock Details MODN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-2,735,254	Closed	-$50.9M	–	17
2018 Q2	$50.9M	Sell	2,735,254 -160,022	-6%	-$2.82M	5%	10
2018 Q1	$52.3M	Buy	2,895,276 +200,000	+7%	+$3.33M	6.73%	8
2017 Q4	$42.5M	Sell	2,695,276 -129,752	-5%	-$1.95M	6.85%	8
2017 Q3	$42.2M	Buy	2,825,028 +20,000	+0.7%	+$267K	8.63%	3
2017 Q2	$37.3M	Buy	2,805,028 +627,700	+29%	+$7.51M	10.96%	3
2017 Q1	$22.8M	Buy	2,177,328 +1,117,729	+105%	+$10.9M	10.32%	3
2016 Q4	$9.38M	Buy	+1,059,599	New	+$9.86M	5.66%	11
2016 Q2	–	Sell	-607,360	Closed	-$6.54M	–	18
2016 Q1	$6.54M	Sell	607,360 -54,491	-8%	-$569K	4.94%	11
2015 Q4	$7.39M	Buy	+661,851	New	+$7.06M	6.46%	9

Other funds holding MODN

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

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

FLAM

First Light Asset Management Edina, Minnesota $1.12B AUM 114.45% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

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

FCM

Frontier Capital Management Boston, Massachusetts $9.73B AUM 55.65% 1-Year Est. Return

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

EMFAT

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

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

Trigran Investments Northbrook, Illinois $418M AUM 3.34% 1-Year Est. Return

SQN Investors's MODN Position: Q3 2018 in Review

SQN Investors sold out of MODEL N, INC. (MODN) in Q3 2018, closing a stake of 2,735,254 shares — an estimated $50.9M sold.

SQN Investors first reported a position in MODN in Q4 2015 and held it in 9 quarters. The position peaked at $52.3M in Q1 2018. 106 funds tracked by Wall St. Rank hold MODN as of Q3 2018.

SQN Investors reported no remaining MODEL N, INC. position as of Q3 2018 after selling out during the quarter.
SQN Investors sold 2,735,254 MODEL N, INC. shares in Q3 2018, an estimated $50.9M.
SQN Investors first reported a position in MODEL N, INC. in Q4 2015 and held it in 9 quarters.
SQN Investors's MODEL N, INC. position peaked at $52.3M in Q1 2018.
106 funds tracked by Wall St. Rank held MODEL N, INC. as of Q3 2018.

Based on SQN Investors's 13F filing for Q3 2018, filed 14 Nov 2018.