Bahl & Gaynor’s Telefonica TEF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-16,502	Closed	-$198K	–	398
2013 Q4	$198K	Sell	16,502 -1,035	-6%	-$12.4K	﹤0.01%	375
2013 Q3	$199K	Buy	17,537 +1,035	+6%	+$11.7K	﹤0.01%	357
2013 Q2	$155K	Buy	+16,502	New	+$155K	﹤0.01%	350