Conatus Capital Management’s Panera Bread Co PNRA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q2	–	Sell	-53,619	Closed	-$14M	–	38
2017 Q1	$14M	Sell	53,619 -35,503	-40%	-$9.3M	1.05%	29
2016 Q4	$18.3M	Sell	89,122 -206,260	-70%	-$42.3M	1.34%	24
2016 Q3	$57.5M	Sell	295,382 -67,560	-19%	-$13.2M	3.76%	15
2016 Q2	$76.9M	Buy	+362,942	New	+$76.9M	4.86%	9