Grandmaster Capital Management’s Vail Resorts MTN Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q1	$15.6M	Sell	151,113 -14,719	-9%	-$1.52M	9.73%	4
2014 Q4	$15.1M	Buy	165,832 +35,237	+27%	+$3.21M	6.85%	6
2014 Q3	$11.3M	Buy	130,595 +33,313	+34%	+$2.89M	4.7%	11
2014 Q2	$7.51M	Buy	+97,282	New	+$7.51M	3.02%	14