First Quadrant’s Alto Ingredients ALTO Stock Holding History

First Quadrant’s Portfolio ALTO Stock Details ALTO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-18,935	Closed	-$105K	–	915
2017 Q3	$105K	Buy	18,935 +15,762	+497%	+$85.9K	﹤0.01%	791
2017 Q2	$20K	Buy	+3,173	New	+$20.6K	﹤0.01%	868
2015 Q4	–	Sell	-11,500	Closed	-$75K	–	764
2015 Q3	$75K	Hold	11,500	–	–	﹤0.01%	638
2015 Q2	$119K	Sell	11,500 -38,200	-77%	-$440K	﹤0.01%	602
2015 Q1	$536K	Buy	49,700 +18,700	+60%	+$180K	0.01%	443
2014 Q4	$320K	Buy	31,000 +14,300	+86%	+$175K	0.01%	489
2014 Q3	$233K	Buy	+16,700	New	+$314K	0.01%	534

Other funds holding ALTO

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

DnB Asset Management Oslo, Norway $35.7B AUM 27.58% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

HighTower Advisors Chicago, Illinois $104B AUM 28.3% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Russell Investments Group London, United Kingdom $114B AUM 41.71% 1-Year Est. Return

CIG

Candlewood Investment Group Rye, New York $10.1M AUM 30% 1-Year Est. Return

PAM

Panagora Asset Management Boston, Massachusetts $32.6B AUM 52.29% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Boston Partners Boston, Massachusetts $113B AUM 38.87% 1-Year Est. Return

First Quadrant's ALTO Position: Q4 2017 in Review

First Quadrant sold out of Alto Ingredients (ALTO) in Q4 2017, closing a stake of 18,935 shares — an estimated $105K sold.

First Quadrant first reported a position in ALTO in Q3 2014 and held it in 7 quarters. The position peaked at $536K in Q1 2015. 113 funds tracked by Wall St. Rank hold ALTO as of Q4 2017.

First Quadrant reported no remaining Alto Ingredients position as of Q4 2017 after selling out during the quarter.
First Quadrant sold 18,935 Alto Ingredients shares in Q4 2017, an estimated $105K.
First Quadrant first reported a position in Alto Ingredients in Q3 2014 and held it in 7 quarters.
First Quadrant's Alto Ingredients position peaked at $536K in Q1 2015.
113 funds tracked by Wall St. Rank held Alto Ingredients as of Q4 2017.

Based on First Quadrant's 13F filing for Q4 2017, filed 23 Jan 2018.