Dunvegan Associates’s Ecolab ECL Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	$169K	Hold	1,475	–	–	0.2%	55
2015 Q3	$162K	Hold	1,475	–	–	0.18%	54
2015 Q2	$167K	Hold	1,475	–	–	0.18%	49
2015 Q1	$169K	Hold	1,475	–	–	0.15%	71
2014 Q4	$154K	Sell	1,475 -1,245	-46%	-$130K	0.13%	70
2014 Q3	$312K	Hold	2,720	–	–	0.28%	45
2014 Q2	$303K	Hold	2,720	–	–	0.25%	48
2014 Q1	$294K	Hold	2,720	–	–	0.25%	49
2013 Q4	$284K	Sell	2,720 -1,221	-31%	-$127K	0.23%	55
2013 Q3	$389K	Sell	3,941 -1,191	-23%	-$118K	0.29%	57
2013 Q2	$437K	Buy	+5,132	New	+$437K	0.34%	56