Independent Franchise Partners’s Tapestry TPR Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-6,153,233	Closed	-$306M	–	21
2014 Q1	$306M	Buy	6,153,233 +1,025,397	+20%	+$50.9M	4.99%	12
2013 Q4	$288M	Buy	5,127,836 +176,834	+4%	+$9.93M	4.57%	13
2013 Q3	$270M	Buy	4,951,002 +558,409	+13%	+$30.5M	4.57%	12
2013 Q2	$251M	Buy	+4,392,593	New	+$251M	4.79%	12