Fondren Management’s Arcos Dorados Holdings ARCO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-77,087	Closed	-$521K	–	77
2018 Q2	$521K	Buy	+77,087	New	+$521K	0.4%	58