Avalon Investment & Advisory’s Canadian National Railway CNI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q1	–	Sell	-18,602	Closed	-$1.68M	–	310
2019 Q4	$1.68M	Sell	18,602 -1,468	-7%	-$132K	0.03%	214
2019 Q3	$1.8M	Buy	20,070 +5,526	+38%	+$510K	0.04%	210
2019 Q2	$1.34M	Sell	14,544 -903	-6%	-$83K	0.03%	230
2019 Q1	$1.38M	Sell	15,447 -85	-0.5%	-$7.13K	0.03%	233
2018 Q4	$1.15M	Sell	15,532 -1,664	-10%	-$138K	0.03%	230
2018 Q3	$1.54M	Buy	17,196 +1,225	+8%	+$107K	0.04%	239
2018 Q2	$1.3M	Buy	15,971 +1,347	+9%	+$107K	0.04%	241
2018 Q1	$1.07M	Buy	14,624 +3,310	+29%	+$256K	0.03%	252
2017 Q4	$933K	Buy	11,314 +904	+9%	+$72.8K	0.03%	259
2017 Q3	$862K	Buy	10,410 +707	+7%	+$57.3K	0.03%	267
2017 Q2	$786K	Buy	9,703 +516	+6%	+$39.4K	0.03%	280
2017 Q1	$679K	Sell	9,187 -25	-0.3%	-$1.77K	0.02%	280
2016 Q4	$621K	Sell	9,212 -155	-2%	-$10.2K	0.02%	270
2016 Q3	$613K	Sell	9,367 -896	-9%	-$56.6K	0.02%	247
2016 Q2	$606K	Buy	10,263 +2,713	+36%	+$164K	0.02%	220
2016 Q1	$472K	Sell	7,550 -199	-3%	-$11.1K	0.02%	206
2015 Q4	$433K	Buy	7,749 +15	+0.2%	+$877	0.02%	213
2015 Q3	$439K	Buy	7,734 +344	+5%	+$20K	0.02%	208
2015 Q2	$427K	Sell	7,390 -11,073	-60%	-$694K	0.02%	208
2015 Q1	$1.24M	Buy	18,463 +204	+1%	+$13.9K	0.05%	121
2014 Q4	$1.26M	Buy	18,259 +12,868	+239%	+$880K	0.06%	117
2014 Q3	$383K	Buy	+5,391	New	+$374K	0.02%	159