Global Endowment Management’s Morningstar MORN Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-32,000	Closed	-$2.4M	–	248
2015 Q1	$2.4M	Buy	32,000 +8,000	+33%	+$599K	0.38%	91
2014 Q4	$1.55M	Buy	+24,000	New	+$1.55M	0.26%	119