Adirondack Research & Management’s Ceco Environmental CECO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q3	–	Sell	-47,499	Closed	-$313K	–	76
2020 Q2	$313K	Sell	47,499 -44,319	-48%	-$240K	0.41%	59
2020 Q1	$429K	Sell	91,818 -51,018	-36%	-$347K	0.6%	45
2019 Q4	$1.09M	Sell	142,836 -54,990	-28%	-$411K	0.95%	35
2019 Q3	$1.38M	Sell	197,826 -11,518	-6%	-$92K	1.24%	30
2019 Q2	$2.01M	Hold	209,344	–	–	1.48%	28
2019 Q1	$1.51M	Sell	209,344 -18,599	-8%	-$135K	0.95%	39
2018 Q4	$1.54M	Buy	227,943 +67,645	+42%	+$518K	0.97%	39
2018 Q3	$1.26M	Buy	160,298 +31,900	+25%	+$243K	0.47%	62
2018 Q2	$797K	Buy	128,398 +106,096	+476%	+$583K	0.31%	69
2018 Q1	$99K	Hold	22,302	–	–	0.04%	111
2017 Q4	$114K	Sell	22,302 -12,830	-37%	-$86.4K	0.04%	108
2017 Q3	$297K	Buy	35,132 +8	+0%	+$69	0.12%	101
2017 Q2	$322K	Sell	35,124 -53,371	-60%	-$538K	0.13%	103
2017 Q1	$930K	Buy	88,495 +7	+0%	+$84	0.33%	66
2016 Q4	$1.23M	Sell	88,488 -676	-0.8%	-$8.24K	0.42%	62
2016 Q3	$1.01M	Buy	89,164 +35,786	+67%	+$364K	0.36%	64
2016 Q2	$467K	Buy	+53,378	New	+$397K	0.18%	80