Champlain Investment Partners’s Arcos Dorados Holdings ARCO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-918,325	Closed	-$9.01M	–	141
2014 Q1	$9.01M	Buy	918,325 +37,259	+4%	+$365K	0.15%	129
2013 Q4	$10.4M	Buy	881,066 +103,168	+13%	+$1.22M	0.18%	130
2013 Q3	$8.97M	Sell	777,898 -40,445	-5%	-$466K	0.17%	125
2013 Q2	$9.3M	Buy	+818,343	New	+$9.3M	0.19%	131