Azimuth Capital Management’s Novartis NVS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-3,785	Closed	-$273K	–	274
2013 Q4	$273K	Hold	3,785	–	–	0.03%	239
2013 Q3	$260K	Sell	3,785 -893	-19%	-$61.3K	0.04%	231
2013 Q2	$296K	Buy	+4,678	New	+$296K	0.05%	202