Baldwin Investment Management’s Petrobras PBR Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-10,128	Closed	-$140K	–	138
2013 Q4	$140K	Sell	10,128 -400	-4%	-$5.53K	0.06%	134
2013 Q3	$163K	Hold	10,528	–	–	0.08%	126
2013 Q2	$141K	Buy	+10,528	New	+$141K	0.07%	124