Hanlon Investment Management’s Telefonica TEF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-21,899	Closed	-$16K	–	35
2014 Q2	$16K	Buy	+21,899	New	+$16K	0.03%	34
2014 Q1	–	Sell	-25,092	Closed	-$18K	–	34
2013 Q4	$18K	Buy	+25,092	New	+$18K	0.01%	23