Alambic Investment Management’s Axcelis ACLS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-35,100	Closed	-$695K	–	275
2018 Q2	$695K	Buy	+35,100	New	+$772K	0.19%	172
2018 Q1	–	Sell	-10,872	Closed	-$312K	–	457
2017 Q4	$312K	Sell	10,872 -25,971	-70%	-$817K	0.04%	368
2017 Q3	$1.01M	Buy	+36,843	New	+$816K	0.11%	269
2017 Q2	–	Sell	-12,012	Closed	-$226K	–	553
2017 Q1	$226K	Sell	12,012 -20,600	-63%	-$324K	0.03%	555
2016 Q4	$475K	Sell	32,612 -8,204	-20%	-$112K	0.08%	343
2016 Q3	$542K	Sell	40,816 -6,825	-14%	-$79.2K	0.13%	269
2016 Q2	$513K	Buy	47,641 +1,850	+4%	+$19.8K	0.13%	275
2016 Q1	$513K	Buy	45,791 +17,816	+64%	+$182K	0.17%	209
2015 Q4	$290K	Buy	+27,975	New	+$297K	0.17%	222