Baldwin Investment Management’s Penske Automotive Group PAG Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-6,600	Closed	-$313K	–	164
2018 Q3	$313K	Hold	6,600	–	–	0.09%	133
2018 Q2	$309K	Buy	+6,600	New	+$309K	0.1%	136