Dialectic Capital Management’s MSC Industrial Direct MSM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-9,645	Closed	-$834K	–	159
2014 Q1	$834K	Sell	9,645 -8,099	-46%	-$700K	0.28%	63
2013 Q4	$1.44M	Buy	+17,744	New	+$1.44M	0.46%	35