Global Endowment Management’s Magellan Midstream Partners, L.P. MMP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-38,850	Closed	-$2.76M	–	239
2017 Q3	$2.76M	Hold	38,850	–	–	0.39%	65
2017 Q2	$2.77M	Buy	38,850 +9,400	+32%	+$690K	0.38%	62
2017 Q1	$2.27M	Sell	29,450 -8,800	-23%	-$683K	0.33%	70
2016 Q4	$2.89M	Buy	38,250 +17,600	+85%	+$1.23M	0.45%	28
2016 Q3	$1.46M	Hold	20,650	–	–	0.24%	59
2016 Q2	$1.57M	Sell	20,650 -150	-0.7%	-$10.6K	0.33%	34
2016 Q1	$1.43M	Buy	+20,800	New	+$1.36M	0.31%	41
2014 Q4	–	Sell	-13,868	Closed	-$1.17M	–	275
2014 Q3	$1.17M	Sell	13,868 -24,320	-64%	-$2.02M	0.18%	133
2014 Q2	$3.21M	Sell	38,188 -400	-1%	-$31.3K	0.49%	72
2014 Q1	$2.69M	Sell	38,588 -9,650	-20%	-$642K	0.42%	90
2013 Q4	$3.05M	Sell	48,238 -11,550	-19%	-$690K	0.62%	39
2013 Q3	$3.37M	Sell	59,788 -17,210	-22%	-$946K	0.85%	21
2013 Q2	$4.2M	Buy	+76,998	New	+$4.04M	1.17%	12