Independent Portfolio Consultants’s Emergent Biosolutions EBS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q2	–	Hold	0	–	–	–	928
2015 Q1	–	Hold	0	–	–	–	1029
2014 Q4	–	Sell	-1,330	Closed	-$28K	–	842
2014 Q3	$28K	Sell	1,330 -6,070	-82%	-$128K	0.01%	681
2014 Q2	$166K	Buy	+7,400	New	+$166K	0.05%	468