Gratus Capital’s Sabesp SBS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-370,895	Closed	-$1.92M	–	99
2015 Q2	$1.92M	Buy	370,895 +103,155	+39%	+$534K	0.45%	58
2015 Q1	$1.45M	Buy	267,740 +69,925	+35%	+$379K	0.32%	64
2014 Q4	$1.24M	Buy	+197,815	New	+$1.24M	0.29%	54