Arlington Value Capital’s XPO XPO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-2,456,713	Closed	-$22.3M	–	13
2013 Q4	$22.3M	Buy	2,456,713 +43,440	+2%	+$395K	6.42%	7
2013 Q3	$18.1M	Buy	2,413,273 +55,642	+2%	+$417K	5.94%	6
2013 Q2	$14.8M	Buy	+2,357,631	New	+$14.8M	5.41%	5