Avalon Investment & Advisory’s Silicon Motion SIMO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-31,614	Closed	-$863K	–	270
2015 Q3	$863K	Buy	31,614 +8,629	+38%	+$236K	0.04%	161
2015 Q2	$796K	Buy	22,985 +5,679	+33%	+$197K	0.03%	148
2015 Q1	$465K	Buy	+17,306	New	+$465K	0.02%	183