Hilton Capital Management’s Howard Bancorp, Inc. Common Stock HBMD Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2019 Q4	–	Sell	-7,665	Closed	-$128K	–	305
2019 Q3	$128K	Sell	7,665 -5,120	-40%	-$85.5K	0.02%	136
2019 Q2	$194K	Sell	12,785 -2,200	-15%	-$33.4K	0.03%	105
2019 Q1	$222K	Sell	14,985 -171,700	-92%	-$2.54M	0.03%	110
2018 Q4	$2.67M	Sell	186,685 -12,050	-6%	-$172K	0.48%	35
2018 Q3	$3.52M	Sell	198,735 -10,800	-5%	-$191K	0.53%	34
2018 Q2	$3.77M	Hold	209,535	–	–	0.61%	34
2018 Q1	$4.15M	Buy	209,535 +7,720	+4%	+$153K	0.67%	36
2017 Q4	$4.44M	Buy	201,815 +9,350	+5%	+$206K	0.67%	36
2017 Q3	$4.02M	Buy	192,465 +16,550	+9%	+$346K	0.7%	34
2017 Q2	$3.39M	Sell	175,915 -2,650	-1%	-$51K	0.63%	32
2017 Q1	$3.34M	Hold	178,565	–	–	0.64%	32
2016 Q4	$2.7M	Sell	178,565 -20,000	-10%	-$302K	0.57%	37
2016 Q3	$2.62M	Sell	198,565 -3,200	-2%	-$42.3K	0.65%	32
2016 Q2	$2.62M	Buy	201,765 +765	+0.4%	+$9.95K	0.83%	30
2016 Q1	$2.42M	Hold	201,000	–	–	0.79%	31
2015 Q4	$2.66M	Buy	201,000 +10,000	+5%	+$132K	0.86%	35
2015 Q3	$2.71M	Buy	191,000 +50,700	+36%	+$720K	0.93%	32
2015 Q2	$1.96M	Buy	140,300 +18,000	+15%	+$252K	0.55%	39
2015 Q1	$1.66M	Buy	122,300 +71,000	+138%	+$964K	0.59%	30
2014 Q4	$585K	Buy	51,300 +9,300	+22%	+$106K	0.19%	55
2014 Q3	$435K	Sell	42,000 -6,200	-13%	-$64.2K	0.14%	54
2014 Q2	$464K	Buy	48,200 +5,800	+14%	+$55.8K	0.15%	56
2014 Q1	$479K	Buy	42,400 +11,355	+37%	+$128K	0.19%	53
2013 Q4	$289K	Buy	31,045 +3,645	+13%	+$33.9K	0.11%	66
2013 Q3	$237K	Buy	27,400 +13,700	+100%	+$119K	0.11%	70
2013 Q2	$108K	Buy	+13,700	New	+$108K	0.05%	80