Intrepid Capital Management’s SM Energy SM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-33,000	Closed	-$1.06M	–	41
2015 Q3	$1.06M	Buy	+33,000	New	+$1.06M	0.33%	34
2015 Q1	–	Sell	-257,480	Closed	-$9.93M	–	43
2014 Q4	$9.93M	Buy	+257,480	New	+$9.93M	2.67%	16