Black River Asset Management’s Banco Macro BMA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-27,726	Closed	-$1.59M	–	30
2015 Q1	$1.59M	Sell	27,726 -72,478	-72%	-$4.14M	1.05%	21
2014 Q4	$4.38M	Buy	100,204 +1,953	+2%	+$85.4K	3.19%	13
2014 Q3	$3.89M	Buy	98,251 +16,604	+20%	+$658K	4.41%	8
2014 Q2	$2.94M	Buy	+81,647	New	+$2.94M	3.85%	10