Hillsdale Investment Management’s American Railcar Industries, Inc. ARII Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-800	Closed	-$41K	–	597
2014 Q4	$41K	Buy	+800	New	+$41K	0.01%	450
2013 Q3	–	Sell	-1,500	Closed	-$50K	–	591
2013 Q2	$50K	Buy	+1,500	New	+$50K	0.02%	429