Sandler Oneill Asset Management Llc Buys SPDR Select Sector Fund - Financial, Business First Bancshares Inc, QCR Holdings Inc, Sells Bank of America Corporation, JPMorgan Chase, Associated Banc-Corp

• New Purchases: XLF, BFST, QCRH, HWC, STT, SF, AXP, LBAI, TBK, DHI,
• Added Positions: FFBC, CFG, HMST, C, STBZ, FMBH, PNFP, HOMB, ISBC, HHC,
• Reduced Positions: BAC, ASB, SIVB, STI, NTRS, EFSC, NTB, MOFG, EWBC, BPFH,
• Sold Out: JPM, MSFG, RF, IVZ, FITB, TPH, EQBK, NRIM, HBNC, SBCF,

For the details of SANDLER ONEILL ASSET MANAGEMENT LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=SANDLER+ONEILL+ASSET+MANAGEMENT+LLC

1. Comerica Inc (CMA) - 414,244 shares, 2.56% of the total portfolio. Shares added by 2.02%
2. Zions Bancorp (ZION) - 695,974 shares, 2.49% of the total portfolio. Shares added by 11.70%
3. KeyCorp (KEY) - 1,775,850 shares, 2.36% of the total portfolio. Shares reduced by 1.11%
4. Lennar Corp (LEN.B) - 803,200 shares, 2.33% of the total portfolio. Shares added by 1.67%
5. US Bancorp (USB) - 661,800 shares, 2.25% of the total portfolio. Shares added by 10.30%

Sandler Oneill Asset Management Llc initiated holding in SPDR Select Sector Fund - Financial. The purchase prices were between $26.36 and $28.34, with an estimated average price of $27.58. The stock is now traded at around $28.52. The impact to a portfolio due to this purchase was 1.81%. The holding were 1,000,000 shares as of 2018-06-30.

Sandler Oneill Asset Management Llc initiated holding in Business First Bancshares Inc. The purchase prices were between $23.35 and $28.9, with an estimated average price of $25.5. The stock is now traded at around $25.25. The impact to a portfolio due to this purchase was 0.85%. The holding were 472,800 shares as of 2018-06-30.

Sandler Oneill Asset Management Llc initiated holding in QCR Holdings Inc. The purchase prices were between $44.3 and $49.2, with an estimated average price of $47.15. The stock is now traded at around $43.70. The impact to a portfolio due to this purchase was 0.7%. The holding were 217,200 shares as of 2018-06-30.

Sandler Oneill Asset Management Llc initiated holding in Hancock Whitney Corp. The purchase prices were between $46.65 and $53.1, with an estimated average price of $50.74. The stock is now traded at around $51.70. The impact to a portfolio due to this purchase was 0.55%. The holding were 174,084 shares as of 2018-06-30.

Sandler Oneill Asset Management Llc initiated holding in State Street Corporation. The purchase prices were between $93.09 and $104.18, with an estimated average price of $99.21. The stock is now traded at around $86.74. The impact to a portfolio due to this purchase was 0.52%. The holding were 82,900 shares as of 2018-06-30.

Sandler Oneill Asset Management Llc initiated holding in Stifel Financial Corp. The purchase prices were between $52.25 and $61.61, with an estimated average price of $58.53. The stock is now traded at around $55.42. The impact to a portfolio due to this purchase was 0.5%. The holding were 140,000 shares as of 2018-06-30.

Sandler Oneill Asset Management Llc added to a holding in First Financial Bancorp by 80.33%. The purchase prices were between $28.1 and $33.55, with an estimated average price of $31.25. The stock is now traded at around $31.00. The impact to a portfolio due to this purchase was 0.64%. The holding were 685,341 shares as of 2018-06-30.

Sandler Oneill Asset Management Llc added to a holding in Citizens Financial Group Inc by 176.00%. The purchase prices were between $38.9 and $43.24, with an estimated average price of $41.67. The stock is now traded at around $41.01. The impact to a portfolio due to this purchase was 0.58%. The holding were 345,000 shares as of 2018-06-30.

Sandler Oneill Asset Management Llc added to a holding in Citigroup Inc by 52.94%. The purchase prices were between $65.46 and $72.86, with an estimated average price of $68.88. The stock is now traded at around $73.11. The impact to a portfolio due to this purchase was 0.41%. The holding were 260,000 shares as of 2018-06-30.

Sandler Oneill Asset Management Llc added to a holding in HomeStreet Inc by 193.13%. The purchase prices were between $25.5 and $29.1, with an estimated average price of $27.6. The stock is now traded at around $30.00. The impact to a portfolio due to this purchase was 0.41%. The holding were 340,027 shares as of 2018-06-30.

Sandler Oneill Asset Management Llc added to a holding in State Bank Financial Corp by 1700.00%. The purchase prices were between $29.5 and $35.86, with an estimated average price of $32.84. The stock is now traded at around $32.34. The impact to a portfolio due to this purchase was 0.39%. The holding were 180,000 shares as of 2018-06-30.

Sandler Oneill Asset Management Llc added to a holding in First Mid-Illinois Bancshares Inc by 190.04%. The purchase prices were between $35.7 and $42.21, with an estimated average price of $37.92. The stock is now traded at around $40.92. The impact to a portfolio due to this purchase was 0.39%. The holding were 226,262 shares as of 2018-06-30.

Sandler Oneill Asset Management Llc sold out a holding in JPMorgan Chase & Co. The sale prices were between $103.24 and $114.29, with an estimated average price of $109.74.

Sandler Oneill Asset Management Llc sold out a holding in MainSource Financial Group Inc. The sale prices were between $40.65 and $40.65, with an estimated average price of $40.65.

Sandler Oneill Asset Management Llc sold out a holding in Regions Financial Corp. The sale prices were between $17.78 and $19.45, with an estimated average price of $18.73.

Sandler Oneill Asset Management Llc sold out a holding in Invesco Ltd. The sale prices were between $26.51 and $31.78, with an estimated average price of $28.79.

Sandler Oneill Asset Management Llc sold out a holding in Fifth Third Bancorp. The sale prices were between $28.7 and $34.35, with an estimated average price of $31.76.

Sandler Oneill Asset Management Llc sold out a holding in TRI Pointe Group Inc. The sale prices were between $15.74 and $18.47, with an estimated average price of $17.01.

Sandler Oneill Asset Management Llc reduced to a holding in Bank of America Corporation by 40.67%. The sale prices were between $28.19 and $31.22, with an estimated average price of $29.85. The stock is now traded at around $31.90. The impact to a portfolio due to this sale was -0.89%. Sandler Oneill Asset Management Llc still held 618,300 shares as of 2018-06-30.

Sandler Oneill Asset Management Llc reduced to a holding in Associated Banc-Corp by 45.61%. The sale prices were between $24.2 and $28.85, with an estimated average price of $26.79. The stock is now traded at around $27.25. The impact to a portfolio due to this sale was -0.72%. Sandler Oneill Asset Management Llc still held 495,000 shares as of 2018-06-30.

Sandler Oneill Asset Management Llc reduced to a holding in SVB Financial Group by 82.33%. The sale prices were between $233.42 and $325.72, with an estimated average price of $293.53. The stock is now traded at around $321.95. The impact to a portfolio due to this sale was -0.64%. Sandler Oneill Asset Management Llc still held 8,200 shares as of 2018-06-30.

Sandler Oneill Asset Management Llc reduced to a holding in SunTrust Banks Inc by 65.79%. The sale prices were between $65.41 and $70.53, with an estimated average price of $67.98. The stock is now traded at around $72.64. The impact to a portfolio due to this sale was -0.59%. Sandler Oneill Asset Management Llc still held 65,000 shares as of 2018-06-30.

Sandler Oneill Asset Management Llc reduced to a holding in Northern Trust Corp by 69.57%. The sale prices were between $101.17 and $108.92, with an estimated average price of $105.96. The stock is now traded at around $111.47. The impact to a portfolio due to this sale was -0.58%. Sandler Oneill Asset Management Llc still held 35,000 shares as of 2018-06-30.

Sandler Oneill Asset Management Llc reduced to a holding in Enterprise Financial Services Corp by 82.04%. The sale prices were between $46.4 and $56.75, with an estimated average price of $52.3. The stock is now traded at around $56.40. The impact to a portfolio due to this sale was -0.57%. Sandler Oneill Asset Management Llc still held 37,900 shares as of 2018-06-30.