Argonaut Capital Management’s Ambac AMBC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-17,500	Closed	-$317K	–	23
2013 Q3	$317K	Sell	17,500 -2,500	-13%	-$45.3K	0.36%	19
2013 Q2	$477K	Buy	+20,000	New	+$477K	0.21%	22