First Foundation Advisors’s Artisan Partners APAM Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-12,815	Closed	-$667K	–	251
2014 Q3	$667K	Buy	12,815 +2,632	+26%	+$137K	0.07%	123
2014 Q2	$577K	Buy	+10,183	New	+$577K	0.06%	116