BBT Capital Management’s International Paper IP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-39,451	Closed	-$1.65M	–	236
2013 Q3	$1.65M	Buy	+39,451	New	+$1.65M	0.08%	163