FrontFour Capital Group’s International Paper IP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-187,375	Closed	-$7.84M	–	39
2013 Q3	$7.84M	Sell	187,375 -7,041	-4%	-$295K	1.26%	14
2013 Q2	$8.05M	Buy	+194,416	New	+$8.05M	2.15%	9