Independent Portfolio Consultants’s Lazard LAZ Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-1,260	Closed	-$57K	–	784
2015 Q4	$57K	Sell	1,260 -2,155	-63%	-$97.5K	0.02%	560
2015 Q3	$148K	Buy	3,415 +615	+22%	+$26.7K	0.03%	396
2015 Q2	$157K	Buy	+2,800	New	+$157K	0.03%	408