Arbor Capital Management (Minnesota)’s Emergent Biosolutions EBS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q2	$2.62M	Sell	93,000 -37,800	-29%	-$1.06M	1.38%	33
2016 Q1	$4.76M	Sell	130,800 -10,500	-7%	-$382K	1.49%	13
2015 Q4	$5.65M	Hold	141,300	–	–	1.28%	13
2015 Q3	$4.03M	Hold	141,300	–	–	0.89%	45
2015 Q2	$4.66M	Buy	+141,300	New	+$4.66M	0.88%	42