Systematic Financial Management’s Heartland Financial USA, Inc. HTLF Stock Holding History

Systematic Financial Management’s Portfolio HTLF Stock Details HTLF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-37,650	Closed	-$1.81M	–	703
2016 Q4	$1.81M	Buy	+37,650	New	+$1.56M	0.03%	406
2016 Q3	–	Sell	-38,815	Closed	-$1.37M	–	636
2016 Q2	$1.37M	Sell	38,815 -930	-2%	-$31.1K	0.02%	508
2016 Q1	$1.22M	Buy	+39,745	New	+$1.18M	0.02%	509
2015 Q4	–	Sell	-46,597	Closed	-$1.69M	–	669
2015 Q3	$1.69M	Sell	46,597 -20,595	-31%	-$758K	0.02%	555
2015 Q2	$2.5M	Buy	+67,192	New	+$2.34M	0.02%	445

Other funds holding HTLF

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

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

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Allianz Asset Management Munich, Germany $95.4B AUM 38.74% 1-Year Est. Return

Nuveen Charlotte, North Carolina $369B AUM 31.66% 1-Year Est. Return

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

DBT

Dubuque Bank & Trust Dubuque, Iowa $748M AUM 12.31% 1-Year Est. Return

PFC

Phocas Financial Corp Alameda, California $637M AUM 39.08% 1-Year Est. Return

Prudential Financial Newark, New Jersey $81.2B AUM 27.81% 1-Year Est. Return

Systematic Financial Management's HTLF Position: Q1 2017 in Review

Systematic Financial Management sold out of Heartland Financial USA, Inc. (HTLF) in Q1 2017, closing a stake of 37,650 shares — an estimated $1.81M sold.

Systematic Financial Management first reported a position in HTLF in Q2 2015 and held it in 5 quarters. The position peaked at $2.5M in Q2 2015. 136 funds tracked by Wall St. Rank hold HTLF as of Q1 2017.

Systematic Financial Management reported no remaining Heartland Financial USA, Inc. position as of Q1 2017 after selling out during the quarter.
Systematic Financial Management sold 37,650 Heartland Financial USA, Inc. shares in Q1 2017, an estimated $1.81M.
Systematic Financial Management first reported a position in Heartland Financial USA, Inc. in Q2 2015 and held it in 5 quarters.
Systematic Financial Management's Heartland Financial USA, Inc. position peaked at $2.5M in Q2 2015.
136 funds tracked by Wall St. Rank held Heartland Financial USA, Inc. as of Q1 2017.

Based on Systematic Financial Management's 13F filing for Q1 2017, filed 11 May 2017.