Churchill Management’s NNN REIT NNN Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-379,396	Closed	-$19.3M	–	117
2016 Q3	$19.3M	Buy	379,396 +35,640	+10%	+$1.81M	0.79%	21
2016 Q2	$17.8M	Buy	343,756 +34,577	+11%	+$1.79M	1.16%	18
2016 Q1	$14.3M	Buy	+309,179	New	+$14.3M	1%	23