Windward Capital Management’s iShares Silver Trust SLV Stock Holding History

Windward Capital Management’s Portfolio SLV Stock Details SLV Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-78,152	Closed	-$1.28M	–	74
2014 Q3	$1.28M	Buy	78,152 +2,783	+4%	+$52.6K	0.41%	38
2014 Q2	$1.53M	Sell	75,369 -23,364	-24%	-$441K	0.52%	40
2014 Q1	$1.88M	Sell	98,733 -784	-0.8%	-$15.4K	0.68%	38
2013 Q4	$1.86M	Sell	99,517 -2,262	-2%	-$45.4K	0.65%	39
2013 Q3	$2.13M	Sell	101,779 -8,581	-8%	-$177K	0.83%	37
2013 Q2	$2.09M	Buy	+110,360	New	+$2.47M	0.79%	38

Other funds holding SLV

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

BNP Paribas Financial Markets Paris, France $206B AUM 31.61% 1-Year Est. Return

ACM

Americafirst Capital Management Roseville, California $74M AUM 13.49% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

Cassaday & Co Mclean, Virginia $1.06B AUM 17.6% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Windward Capital Management's SLV Position: Q4 2014 in Review

Windward Capital Management sold out of iShares Silver Trust (SLV) in Q4 2014, closing a stake of 78,152 shares — an estimated $1.28M sold.

Windward Capital Management first reported a position in SLV in Q2 2013 and held it in 6 quarters. The position peaked at $2.13M in Q3 2013. 301 funds tracked by Wall St. Rank hold SLV as of Q4 2014.

Windward Capital Management reported no remaining iShares Silver Trust position as of Q4 2014 after selling out during the quarter.
Windward Capital Management sold 78,152 iShares Silver Trust shares in Q4 2014, an estimated $1.28M.
Windward Capital Management first reported a position in iShares Silver Trust in Q2 2013 and held it in 6 quarters.
Windward Capital Management's iShares Silver Trust position peaked at $2.13M in Q3 2013.
301 funds tracked by Wall St. Rank held iShares Silver Trust as of Q4 2014.

Based on Windward Capital Management's 13F filing for Q4 2014, filed 16 Jan 2015.