Hoplite Capital Management’s Pitney Bowes PBI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-4,713,472	Closed	-$123M	–	41
2014 Q1	$123M	Buy	4,713,472 +706,088	+18%	+$18.4M	3.38%	10
2013 Q4	$93.4M	Sell	4,007,384 -8,729	-0.2%	-$203K	2.63%	17
2013 Q3	$73.1M	Buy	+4,016,113	New	+$73.1M	2.6%	19