Factorial Partners’s Pitney Bowes PBI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2020 Q1	–	Sell	-163,000	Closed	-$702K	–	111
2019 Q4	$702K	Buy	163,000 +79,000	+94%	+$340K	0.32%	87
2019 Q3	$384K	Hold	84,000	–	–	0.37%	82
2019 Q2	$360K	Buy	84,000 +25,000	+42%	+$107K	0.34%	86
2019 Q1	$405K	Buy	+59,000	New	+$405K	0.38%	87