Armstrong Shaw Associates’s Mastercard MA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-723,450	Closed	-$48.7M	–	46
2013 Q3	$48.7M	Sell	723,450 -269,140	-27%	-$18.1M	1.98%	33
2013 Q2	$57M	Buy	+992,590	New	+$57M	2.38%	25