Global Endowment Management’s Mastercard MA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-36,400	Closed	-$3.7M	–	269
2016 Q3	$3.7M	Buy	+36,400	New	+$3.7M	0.61%	27
2013 Q4	–	Sell	-3,350	Closed	-$225K	–	229
2013 Q3	$225K	Buy	+3,350	New	+$225K	0.06%	171