First Western Capital Management’s Safe Bulkers SB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-219,331	Closed	-$1.46M	–	137
2014 Q3	$1.46M	Sell	219,331 -16,466	-7%	-$110K	0.43%	87
2014 Q2	$2.3M	Buy	235,797 +64,848	+38%	+$633K	0.76%	54
2014 Q1	$1.63M	Buy	170,949 +45,049	+36%	+$429K	0.57%	65
2013 Q4	$1.31M	Buy	+125,900	New	+$1.31M	0.45%	87