Carlson Capital’s IBM IBM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-106,865	Closed	-$18.9M	–	287
2013 Q3	$18.9M	Sell	106,865 -131,420	-55%	-$23.3M	0.25%	138
2013 Q2	$43.5M	Buy	+238,285	New	+$43.5M	0.52%	55