Elberon LLC’s Digimarc DMRC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q3	$1.97M	Sell	51,300 -500	-1%	-$19.2K	3.52%	8
2016 Q2	$1.66M	Hold	51,800	–	–	3.31%	7
2016 Q1	$1.57M	Sell	51,800 -7,200	-12%	-$218K	2.87%	10
2015 Q4	$2.15M	Buy	+59,000	New	+$2.15M	2.21%	12