Denali Advisors’s Morningstar MORN Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-24,500	Closed	-$2M	–	297
2016 Q2	$2M	Sell	24,500 -35,000	-59%	-$2.86M	0.35%	72
2016 Q1	$5.25M	Buy	59,500 +44,400	+294%	+$3.92M	1.15%	30
2015 Q4	$1.21M	Buy	+15,100	New	+$1.21M	0.27%	81