Tiptree Advisors’s National Bank Holdings NBHC Stock Holding History

Tiptree Advisors’s Portfolio NBHC Stock Details NBHC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-284,000	Closed	-$5.51M	–	38
2014 Q4	$5.51M	Hold	284,000	–	–	0.96%	24
2014 Q3	$5.43M	Hold	284,000	–	–	0.92%	22
2014 Q2	$5.66M	Hold	284,000	–	–	1.19%	21
2014 Q1	$5.7M	Hold	284,000	–	–	1.5%	17
2013 Q4	$6.08M	Hold	284,000	–	–	1.81%	15
2013 Q3	$5.83M	Hold	284,000	–	–	2.19%	14
2013 Q2	$5.59M	Buy	+284,000	New	+$5.24M	2.06%	19

Other funds holding NBHC

Elliott Management New York $11.8B AUM 20.29% 1-Year Est. Return

DRZID

DePrince Race & Zollo Inc (DRZ) Winter Park, Florida $5.96B AUM 38.5% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

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

FHC

Forest Hill Capital Little Rock, Arkansas $130M AUM 29.48% 1-Year Est. Return

Carlson Capital Dallas, Texas $494M AUM 23.45% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

State Street Boston, Massachusetts $3.38T AUM 44.17% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

RFC

Russell Frank Company Seattle, Washington $56.9B AUM 2.13% 1-Year Est. Return

Tiptree Advisors's NBHC Position: Q1 2015 in Review

Tiptree Advisors sold out of National Bank Holdings (NBHC) in Q1 2015, closing a stake of 284,000 shares — an estimated $5.51M sold.

Tiptree Advisors first reported a position in NBHC in Q2 2013 and held it in 7 quarters. The position peaked at $6.08M in Q4 2013. 95 funds tracked by Wall St. Rank hold NBHC as of Q1 2015.

Tiptree Advisors reported no remaining National Bank Holdings position as of Q1 2015 after selling out during the quarter.
Tiptree Advisors sold 284,000 National Bank Holdings shares in Q1 2015, an estimated $5.51M.
Tiptree Advisors first reported a position in National Bank Holdings in Q2 2013 and held it in 7 quarters.
Tiptree Advisors's National Bank Holdings position peaked at $6.08M in Q4 2013.
95 funds tracked by Wall St. Rank held National Bank Holdings as of Q1 2015.

Based on Tiptree Advisors's 13F filing for Q1 2015, filed 13 May 2015.