Confluence Investment Management’s C.H. Robinson CHRW Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-446,018	Closed	-$39.7M	–	232
2017 Q4	$39.7M	Sell	446,018 -6,031	-1%	-$492K	0.73%	48
2017 Q3	$34.4M	Buy	452,049 +9,907	+2%	+$687K	0.66%	52
2017 Q2	$30.4M	Buy	442,142 +24,385	+6%	+$1.73M	0.62%	52
2017 Q1	$32.3M	Sell	417,757 -348,466	-45%	-$26.8M	0.72%	46
2016 Q4	$56.1M	Buy	766,223 +25,076	+3%	+$1.81M	1.36%	31
2016 Q3	$52.2M	Buy	741,147 +82,595	+13%	+$5.79M	1.36%	32
2016 Q2	$48.9M	Buy	658,552 +9,172	+1%	+$671K	1.34%	30
2016 Q1	$48.2M	Buy	649,380 +22,366	+4%	+$1.53M	1.44%	26
2015 Q4	$38.9M	Buy	627,014 +4,364	+0.7%	+$294K	1.27%	33
2015 Q3	$42.2M	Buy	622,650 +28,820	+5%	+$1.93M	1.54%	21
2015 Q2	$37M	Buy	593,830 +65,326	+12%	+$4.3M	1.35%	31
2015 Q1	$38.7M	Buy	528,504 +55,686	+12%	+$4.07M	1.46%	23
2014 Q4	$35.4M	Sell	472,818 -71,756	-13%	-$5.12M	1.44%	24
2014 Q3	$36.1M	Buy	544,574 +3,406	+0.6%	+$227K	1.61%	15
2014 Q2	$34.5M	Buy	541,168 +28,593	+6%	+$1.68M	1.58%	17
2014 Q1	$26.9M	Buy	512,575 +89,451	+21%	+$4.87M	1.36%	28
2013 Q4	$24.7M	Buy	423,124 +39,415	+10%	+$2.32M	1.37%	25
2013 Q3	$22.9M	Buy	383,709 +36,969	+11%	+$2.17M	1.42%	22
2013 Q2	$19.5M	Buy	+346,740	New	+$20M	1.34%	23