Capstone Asset Management’s Phibro Animal Health PAHC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-7,880	Closed	-$214K	–	1640
2016 Q3	$214K	Buy	+7,880	New	+$214K	0.01%	1503
2016 Q1	–	Sell	-7,390	Closed	-$223K	–	1596
2015 Q4	$223K	Buy	+7,390	New	+$223K	0.01%	1450