Element Capital Management’s Phibro Animal Health PAHC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-4,777	Closed	-$205K	–	820
2018 Q3	$205K	Buy	+4,777	New	+$205K	﹤0.01%	764