CII

Chapter IV Investors’s Vulcan Materials VMC Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-90,000	Closed	-$10.3M	–	4
2018 Q1	$10.3M	Sell	90,000 -130,000	-59%	-$14.8M	9.45%	6
2017 Q4	$28.2M	Buy	220,000 +20,000	+10%	+$2.57M	16.86%	4
2017 Q3	$23.9M	Hold	200,000	–	–	12.45%	5
2017 Q2	$25.3M	Hold	200,000	–	–	12.04%	5
2017 Q1	$24.1M	Hold	200,000	–	–	9.97%	5
2016 Q4	$25M	Sell	200,000 -65,000	-25%	-$8.13M	9.31%	7
2016 Q3	$30.1M	Sell	265,000 -10,000	-4%	-$1.14M	9.98%	5
2016 Q2	$33.1M	Sell	275,000 -25,000	-8%	-$3.01M	11.01%	4
2016 Q1	$31.7M	Hold	300,000	–	–	12.15%	4
2015 Q4	$28.5M	Sell	300,000 -50,000	-14%	-$4.75M	12.11%	5
2015 Q3	$31.2M	Hold	350,000	–	–	10.91%	4
2015 Q2	$29.4M	Hold	350,000	–	–	9.3%	4
2015 Q1	$29.5M	Sell	350,000 -200,000	-36%	-$16.9M	9.14%	4
2014 Q4	$36.2M	Buy	550,000 +120,000	+28%	+$7.89M	12.34%	4
2014 Q3	$25.9M	Buy	430,000 +180,000	+72%	+$10.8M	8.85%	6
2014 Q2	$15.9M	Hold	250,000	–	–	4.85%	8
2014 Q1	$16.6M	Hold	250,000	–	–	5.43%	5
2013 Q4	$14.9M	Sell	250,000 -50,000	-17%	-$2.97M	4.77%	6
2013 Q3	$15.5M	Buy	300,000 +150,000	+100%	+$7.77M	5.37%	6
2013 Q2	$7.26M	Buy	+150,000	New	+$7.26M	2.79%	9