Churchill Management’s Boston Beer SAM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-4,093	Closed	-$1.09M	–	189
2015 Q1	$1.09M	Sell	4,093 -16,343	-80%	-$4.37M	0.04%	140
2014 Q4	$5.92M	Buy	+20,436	New	+$5.92M	0.24%	57