Intrepid Capital Management (Connecticut)’s VanEck Semiconductor ETF SMH Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q3	–	Hold	0	–	–	–	28
2014 Q2	–	Hold	0	–	–	–	31
2013 Q4	–	Sell	-100,000	Closed	-$2M	–	76
2013 Q3	$2M	Buy	+100,000	New	+$2M	1.42%	19