Global Endowment Management’s Phillips 66 PSX Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-46,080	Closed	-$2.66M	–	235
2013 Q3	$2.66M	Buy	46,080 +10,270	+29%	+$594K	0.67%	38
2013 Q2	$2.11M	Buy	+35,810	New	+$2.11M	0.59%	54