GAM Systematic’s Spire SR Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-3,437	Closed	-$243K	–	683
2016 Q2	$243K	Sell	3,437 -3,301	-49%	-$233K	0.06%	468
2016 Q1	$456K	Buy	+6,738	New	+$456K	0.12%	323