Confluence Investment Management’s Hilton Worldwide HLT Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-52,701	Closed	-$4.15M	–	314
2018 Q1	$4.15M	Sell	52,701 -1,567	-3%	-$129K	0.08%	148
2017 Q4	$4.33M	Sell	54,268 -1,210	-2%	-$89.8K	0.08%	146
2017 Q3	$3.85M	Sell	55,478 -629	-1%	-$40.1K	0.07%	148
2017 Q2	$3.47M	Sell	56,107 -1,617	-3%	-$101K	0.07%	153
2017 Q1	$3.38M	Buy	57,724 +5,494	+11%	+$319K	0.08%	148
2016 Q4	$4.26M	Buy	52,230 +5,193	+11%	+$382K	0.1%	132
2016 Q3	$3.24M	Buy	47,037 +6,337	+16%	+$447K	0.08%	149
2016 Q2	$2.75M	Buy	40,700 +6,141	+18%	+$403K	0.08%	156
2016 Q1	$2.33M	Buy	34,559 +6,562	+23%	+$390K	0.07%	154
2015 Q4	$1.8M	Buy	27,997 +1,690	+6%	+$120K	0.06%	173
2015 Q3	$1.81M	Buy	+26,307	New	+$2.03M	0.07%	168