Empirical Capital Management’s Covenant Logistics CVLG Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-24,000	Closed	-$398K	–	30
2015 Q1	$398K	Sell	24,000 -12,000	-33%	-$199K	0.37%	29
2014 Q4	$488K	Buy	+36,000	New	+$488K	0.48%	26