Grey Owl Capital Management’s Vanguard FTSE Emerging Markets ETF VWO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-27,219	Closed	-$1.17M	–	52
2014 Q2	$1.17M	Buy	+27,219	New	+$1.17M	1.29%	25