Tensile Capital Management’s Blackhawk Network Holdings, Inc. Common Stock HAWK Stock Holding History

Tensile Capital Management’s Portfolio HAWK Stock Details HAWK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-873,136	Closed	-$39M	–	20
2018 Q1	$39M	Sell	873,136 -235,618	-21%	-$10.3M	5.85%	7
2017 Q4	$39.5M	Buy	1,108,754 +257,800	+30%	+$9.29M	6.71%	6
2017 Q3	$37.3M	Sell	850,954 -95,000	-10%	-$4.15M	7.09%	7
2017 Q2	$41.2M	Buy	945,954 +1,185	+0.1%	+$49.5K	8.33%	4
2017 Q1	$38.4M	Buy	944,769 +40,000	+4%	+$1.48M	8.42%	4
2016 Q4	$34.1M	Buy	904,769 +23,696	+3%	+$843K	8.16%	5
2016 Q3	$26.6M	Buy	881,073 +173,579	+25%	+$5.74M	5.99%	7
2016 Q2	$23.7M	Buy	+707,494	New	+$23.6M	5.76%	8

Other funds holding HAWK

EVC

Eidelman Virant Capital Saint Louis, Missouri $136M AUM 15.11% 1-Year Est. Return

LTFS

Ladenburg Thalmann Financial Services Miami, Florida $15.9B AUM 27.61% 1-Year Est. Return

Tensile Capital Management's HAWK Position: Q2 2018 in Review

Tensile Capital Management sold out of Blackhawk Network Holdings, Inc. Common Stock (HAWK) in Q2 2018, closing a stake of 873,136 shares — an estimated $39M sold.

Tensile Capital Management first reported a position in HAWK in Q2 2016 and held it in 8 quarters. The position peaked at $41.2M in Q2 2017. 2 funds tracked by Wall St. Rank hold HAWK as of Q2 2018.

Tensile Capital Management reported no remaining Blackhawk Network Holdings, Inc. Common Stock position as of Q2 2018 after selling out during the quarter.
Tensile Capital Management sold 873,136 Blackhawk Network Holdings, Inc. Common Stock shares in Q2 2018, an estimated $39M.
Tensile Capital Management first reported a position in Blackhawk Network Holdings, Inc. Common Stock in Q2 2016 and held it in 8 quarters.
Tensile Capital Management's Blackhawk Network Holdings, Inc. Common Stock position peaked at $41.2M in Q2 2017.
2 funds tracked by Wall St. Rank held Blackhawk Network Holdings, Inc. Common Stock as of Q2 2018.

Based on Tensile Capital Management's 13F filing for Q2 2018, filed 14 Aug 2018.