Vertex One Asset Management’s Banco Santander SAN Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-49,080	Closed	-$251K	–	144
2018 Q2	$251K	Sell	49,080 -82,098	-63%	-$480K	0.04%	127
2018 Q1	$823K	Sell	131,178 -10,435	-7%	-$69.1K	0.15%	95
2017 Q4	$888K	Sell	141,613 -25,097	-15%	-$159K	0.15%	90
2017 Q3	$1.11M	Hold	166,710	–	–	0.18%	80
2017 Q2	$1.07M	Sell	166,710 -15,652	-9%	-$97.2K	0.17%	79
2017 Q1	$1.06M	Sell	182,362 -2,087	-1%	-$11.2K	0.18%	90
2016 Q4	$916K	Sell	184,449 -6,159	-3%	-$28K	0.15%	95
2016 Q3	$806K	Hold	190,608	–	–	0.13%	94
2016 Q2	$716K	Sell	190,608 -52,174	-21%	-$227K	0.12%	91
2016 Q1	$1.01M	Sell	242,782 -46,956	-16%	-$193K	0.15%	81
2015 Q4	$1.35M	Sell	289,738 -1,444,092	-83%	-$7.49M	0.18%	85
2015 Q3	$8.69M	Hold	1,733,830	–	–	1.18%	21
2015 Q2	$11.5M	Buy	1,733,830 +36,888	+2%	+$257K	1.33%	28
2015 Q1	$12M	Buy	1,696,942 +192,041	+13%	+$1.3M	1.42%	23
2014 Q4	$11.6M	Buy	1,504,901 +70,508	+5%	+$566K	1.28%	28
2014 Q3	$12.4M	Sell	1,434,393 -14,673	-1%	-$132K	1.25%	28
2014 Q2	$13.7M	Buy	1,449,066 +280,206	+24%	+$2.57M	1.38%	28
2014 Q1	$10.2M	Buy	1,168,860 +121,473	+12%	+$993K	1.21%	24
2013 Q4	$8.63M	Buy	1,047,387 +39,489	+4%	+$314K	1.25%	24
2013 Q3	$7.48M	Buy	1,007,898 +318,127	+46%	+$2.11M	1.01%	32
2013 Q2	$4.05M	Buy	+689,771	New	+$4.41M	0.7%	38