Avalon Capital Management’s Invesco Mortgage Capital IVR Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-5,979	Closed	-$985K	–	102
2014 Q1	$985K	Buy	+5,979	New	+$985K	0.8%	49