Brown Advisory’s SPDR S&P International Telecommunications Sector IST Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-752	Closed	-$20K	–	981
2013 Q3	$20K	Hold	752	–	–	﹤0.01%	866
2013 Q2	$17K	Buy	+752	New	+$17K	﹤0.01%	839