Bienville Capital Management’s iShares Gold Trust IAU Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-37,452	Closed	-$951K	–	156
2016 Q3	$951K	Buy	37,452 +13,524	+57%	+$343K	0.24%	34
2016 Q2	$611K	Buy	23,928 +13,129	+122%	+$335K	0.16%	38
2016 Q1	$257K	Buy	+10,799	New	+$257K	0.08%	56