Churchill Management’s Macerich MAC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-99,952	Closed	-$8.43M	–	184
2015 Q1	$8.43M	Buy	99,952 +23,479	+31%	+$1.98M	0.29%	50
2014 Q4	$6.38M	Buy	+76,473	New	+$6.38M	0.25%	47