Dynamic Capital Management’s International Paper IP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-5,597	Closed	-$276K	–	147
2018 Q2	$276K	Buy	+5,597	New	+$286K	0.44%	67
2017 Q3	–	Sell	-4,963	Closed	-$266K	–	284
2017 Q2	$266K	Buy	+4,963	New	+$251K	0.06%	216
2016 Q4	–	Sell	-17,822	Closed	-$810K	–	415
2016 Q3	$810K	Buy	+17,822	New	+$786K	0.1%	257
2016 Q1	–	Sell	-19,457	Closed	-$695K	–	377
2015 Q4	$695K	Sell	19,457 -73,986	-79%	-$2.85M	0.33%	94
2015 Q3	$3.34M	Buy	93,443 +74,329	+389%	+$3.15M	0.92%	5
2015 Q2	$861K	Buy	19,114 +7,920	+71%	+$393K	0.22%	117
2015 Q1	$588K	Buy	11,194 +6,635	+146%	+$344K	0.21%	108
2014 Q4	$231K	Buy	+4,559	New	+$223K	0.12%	234
2014 Q2	–	Sell	-8,829	Closed	-$378K	–	437
2014 Q1	$378K	Buy	8,829 +1,119	+15%	+$49.7K	0.12%	287
2013 Q4	$353K	Sell	7,710 -87,054	-92%	-$3.73M	0.07%	345
2013 Q3	$3.96M	Buy	+94,764	New	+$4.22M	0.88%	10