FJ Capital Management’s Howard Bancorp, Inc. Common Stock HBMD Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-54,000	Closed	-$1.19M	–	124
2017 Q4	$1.19M	Sell	54,000 -28,000	-34%	-$615K	0.15%	70
2017 Q3	$1.7M	Buy	82,000 +500	+0.6%	+$10.4K	0.21%	66
2017 Q2	$1.57M	Hold	81,500	–	–	0.2%	67
2017 Q1	$1.52M	Buy	81,500 +50,000	+159%	+$935K	0.21%	61
2016 Q4	$476K	Sell	31,500 -500	-2%	-$7.56K	0.07%	71
2016 Q3	$416K	Hold	32,000	–	–	0.08%	70
2016 Q2	$410K	Hold	32,000	–	–	0.08%	73
2016 Q1	$379K	Hold	32,000	–	–	0.07%	79
2015 Q4	$417K	Hold	32,000	–	–	0.08%	91
2015 Q3	$448K	Hold	32,000	–	–	0.1%	85
2015 Q2	$441K	Sell	32,000 -4,000	-11%	-$55.1K	0.11%	80
2015 Q1	$504K	Sell	36,000 -38,536	-52%	-$540K	0.14%	73
2014 Q4	$850K	Hold	74,536	–	–	0.26%	57
2014 Q3	$771K	Buy	74,536 +32,400	+77%	+$335K	0.29%	54
2014 Q2	$405K	Hold	42,136	–	–	0.15%	64
2014 Q1	$476K	Buy	42,136 +23,376	+125%	+$264K	0.27%	56
2013 Q4	$200K	Buy	+18,760	New	+$200K	0.14%	63