Blue Arrow Capital Management’s Federated Hermes FHI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-110,000	Closed	-$3.62M	–	172
2014 Q4	$3.62M	Buy	110,000 +25,000	+29%	+$823K	0.41%	65
2014 Q3	$2.5M	Buy	+85,000	New	+$2.5M	0.27%	94