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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-23,526	Closed	-$2.17M	–	360
2016 Q4	$2.17M	Buy	+23,526	New	+$1.94M	0.23%	139
2016 Q3	–	Sell	-6,033	Closed	-$426K	–	430
2016 Q2	$426K	Buy	+6,033	New	+$448K	0.05%	343
2016 Q1	–	Sell	-10,180	Closed	-$573K	–	396
2015 Q4	$573K	Sell	10,180 -6,078	-37%	-$368K	0.27%	118
2015 Q3	$992K	Buy	+16,258	New	+$1.11M	0.27%	147
2015 Q2	–	Sell	-8,318	Closed	-$601K	–	323
2015 Q1	$601K	Buy	+8,318	New	+$621K	0.22%	106
2014 Q4	–	Sell	-12,572	Closed	-$1.07M	–	357
2014 Q3	$1.07M	Buy	12,572 +9,381	+294%	+$836K	0.27%	132
2014 Q2	$305K	Buy	+3,191	New	+$290K	0.09%	337
2013 Q3	–	Sell	-7,500	Closed	-$581K	–	470
2013 Q2	$581K	Buy	+7,500	New	+$604K	0.15%	195