BTG Pactual Global Asset Management’s International Paper IP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-25,344	Closed	-$1.15M	–	197
2014 Q3	$1.15M	Buy	+25,344	New	+$1.15M	0.14%	104
2014 Q2	–	Sell	-26,770	Closed	-$1.15M	–	237
2014 Q1	$1.15M	Buy	+26,770	New	+$1.15M	0.25%	88