Arbor Capital Management (Minnesota)’s Phibro Animal Health PAHC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q2	$1.48M	Sell	79,261 -32,069	-29%	-$598K	0.78%	65
2016 Q1	$3.01M	Sell	111,330 -8,900	-7%	-$241K	0.95%	49
2015 Q4	$3.62M	Hold	120,230	–	–	0.82%	50
2015 Q3	$3.8M	Buy	120,230 +11,250	+10%	+$356K	0.84%	48
2015 Q2	$4.24M	Buy	+108,980	New	+$4.24M	0.8%	59