Belpointe Asset Management’s Telecom Argentina TEO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-41,066	Closed	-$715K	–	626
2018 Q3	$715K	Buy	+41,066	New	+$715K	0.11%	180
2018 Q1	–	Sell	-66,630	Closed	-$2.44M	–	470
2017 Q4	$2.44M	Hold	66,630	–	–	0.53%	33
2017 Q3	$2.06M	Buy	+66,630	New	+$2.06M	0.48%	39