Brown Advisory’s Topgolf Callaway Brands MODG Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-25,208	Closed	-$612K	–	1311
2018 Q3	$612K	Buy	+25,208	New	+$612K	﹤0.01%	943
2018 Q2	–	Sell	-10,570	Closed	-$173K	–	1305
2018 Q1	$173K	Buy	+10,570	New	+$173K	﹤0.01%	1112