Independent Portfolio Consultants’s Sabesp SBS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-1,020	Closed	-$8K	–	966
2014 Q3	$8K	Sell	1,020 -16,625	-94%	-$130K	﹤0.01%	766
2014 Q2	$189K	Buy	+17,645	New	+$189K	0.05%	449