Graybill Wealth Management’s Zions Bancorporation, N.A. Depositary Shares, Each Representing 1/40th Interest in a Share of Series G Fixed/Floating Rate Non-Cumulative Perpetual Preferred Stock ZIONO Stock Holding History

Graybill Wealth Management’s Portfolio ZIONO Stock Details ZIONO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-60,575	Closed	-$1.43M	–	54
2013 Q3	$1.43M	Buy	60,575 +8,760	+17%	+$216K	1.22%	47
2013 Q2	$1.32M	Buy	+51,815	New	+$1.4M	1.18%	45

Other funds holding ZIONO

Addison Capital Conshohocken, Pennsylvania $562M AUM 18.57% 1-Year Est. Return

NPF

Norris Perne & French Grand Rapids, Michigan $1.5B AUM 19.93% 1-Year Est. Return

SAM

Solaris Asset Management New York $12.8M AUM 28.06% 1-Year Est. Return

ZTNA

Zions Trust National Association Salt Lake City, Utah $69.4M AUM 2.73% 1-Year Est. Return

Graybill Wealth Management's ZIONO Position: Q4 2013 in Review

Graybill Wealth Management sold out of Zions Bancorporation, N.A. Depositary Shares, Each Representing 1/40th Interest in a Share of Series G Fixed/Floating Rate Non-Cumulative Perpetual Preferred Stock (ZIONO) in Q4 2013, closing a stake of 60,575 shares — an estimated $1.43M sold.

Graybill Wealth Management first reported a position in ZIONO in Q2 2013 and held it in 2 quarters. The position peaked at $1.43M in Q3 2013. 4 funds tracked by Wall St. Rank hold ZIONO as of Q4 2013.

Graybill Wealth Management reported no remaining Zions Bancorporation, N.A. Depositary Shares, Each Representing 1/40th Interest in a Share of Series G Fixed/Floating Rate Non-Cumulative Perpetual Preferred Stock position as of Q4 2013 after selling out during the quarter.
Graybill Wealth Management sold 60,575 Zions Bancorporation, N.A. Depositary Shares, Each Representing 1/40th Interest in a Share of Series G Fixed/Floating Rate Non-Cumulative Perpetual Preferred Stock shares in Q4 2013, an estimated $1.43M.
Graybill Wealth Management first reported a position in Zions Bancorporation, N.A. Depositary Shares, Each Representing 1/40th Interest in a Share of Series G Fixed/Floating Rate Non-Cumulative Perpetual Preferred Stock in Q2 2013 and held it in 2 quarters.
Graybill Wealth Management's Zions Bancorporation, N.A. Depositary Shares, Each Representing 1/40th Interest in a Share of Series G Fixed/Floating Rate Non-Cumulative Perpetual Preferred Stock position peaked at $1.43M in Q3 2013.
4 funds tracked by Wall St. Rank held Zions Bancorporation, N.A. Depositary Shares, Each Representing 1/40th Interest in a Share of Series G Fixed/Floating Rate Non-Cumulative Perpetual Preferred Stock as of Q4 2013.

Based on Graybill Wealth Management's 13F filing for Q4 2013, filed 22 Jan 2014.