BTG Pactual Global Asset Management’s SM Energy SM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-50,000	Closed	-$1.93M	–	204
2014 Q4	$1.93M	Buy	+50,000	New	+$1.93M	0.17%	79
2014 Q3	–	Sell	-45,600	Closed	-$3.84M	–	259
2014 Q2	$3.84M	Sell	45,600 -4,400	-9%	-$370K	0.54%	47
2014 Q1	$3.57M	Buy	+50,000	New	+$3.57M	0.79%	41