Impax Asset Management’s Banco Santander SAN Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-52,847	Closed	-$435K	–	207
2013 Q4	$435K	Sell	52,847 -55,049	-51%	-$453K	0.03%	184
2013 Q3	$801K	Buy	107,896 +38,534	+56%	+$286K	0.05%	155
2013 Q2	$408K	Buy	+69,362	New	+$408K	0.03%	177