III Capital Management’s Pan American Silver PAAS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2022 Q3	–	Sell	-85,442	Closed	-$1.68M	–	155
2022 Q2	$1.68M	Buy	85,442 +29,000	+51%	+$695K	0.16%	74
2022 Q1	$1.54M	Hold	56,442	–	–	0.13%	63
2021 Q4	$1.41M	Sell	56,442 -6,859	-11%	-$173K	0.1%	62
2021 Q3	$1.47M	Buy	63,301 +15,000	+31%	+$392K	0.09%	68
2021 Q2	$1.38M	Buy	48,301 +12,000	+33%	+$387K	0.11%	59
2021 Q1	$1.09M	Sell	36,301 -25,205	-41%	-$819K	0.13%	50
2020 Q4	$2.12M	Sell	61,506 -5,000	-8%	-$161K	0.27%	52
2020 Q3	$2.14M	Buy	66,506 +1,000	+2%	+$34.4K	0.39%	40
2020 Q2	$1.99M	Sell	65,506 -38,000	-37%	-$901K	0.5%	33
2020 Q1	$1.48M	Buy	103,506 +25,000	+32%	+$519K	0.7%	30
2019 Q4	$1.86M	Sell	78,506 -94,377	-55%	-$1.75M	0.96%	26
2019 Q3	$2.71M	Buy	172,883 +5,000	+3%	+$80.9K	1.24%	21
2019 Q2	$2.17M	Buy	+167,883	New	+$2.02M	1.7%	16