Daruma Capital Management’s Pitney Bowes PBI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-163,290	Closed	-$2.48M	–	69
2016 Q4	$2.48M	Buy	163,290 +9,063	+6%	+$144K	0.14%	52
2016 Q3	$2.8M	Buy	154,227 +5,741	+4%	+$105K	0.17%	44
2016 Q2	$2.64M	Sell	148,486 -33,431	-18%	-$644K	0.17%	51
2016 Q1	$3.92M	Sell	181,917 -12,614	-6%	-$240K	0.25%	36
2015 Q4	$4.02M	Sell	194,531 -2,386	-1%	-$49.4K	0.24%	38
2015 Q3	$3.91M	Sell	196,917 -2,334	-1%	-$47.9K	0.24%	38
2015 Q2	$4.15M	Buy	199,251 +18,579	+10%	+$419K	0.18%	42
2015 Q1	$4.21M	Sell	180,672 -27,648	-13%	-$644K	0.19%	41
2014 Q4	$5.08M	Buy	208,320 +47,084	+29%	+$1.15M	0.22%	37
2014 Q3	$4.03M	Buy	161,236 +19,311	+14%	+$516K	0.18%	51
2014 Q2	$3.92M	Sell	141,925 -100	-0.1%	-$2.66K	0.16%	54
2014 Q1	$3.69M	Sell	142,025 -3,882	-3%	-$95.7K	0.15%	50
2013 Q4	$3.4M	Buy	+145,907	New	+$3.14M	0.14%	51